[Photo] Neighborhood Businesses Collapsed Due to Prolonged COVID-19 Pandemic
![[Photo] Neighborhood Businesses Collapsed Due to Prolonged COVID-19 Pandemic](http://www.asiae.co.kr/news/img_view.htm?img=2021082715185995062_1630045139.jpg)
On the 27th, as the Bank of Korea raised the base interest rate by 0.25% to 0.75% per annum, the alley shopping district in Myeongdong, Jung-gu, Seoul, showed a quiet scene, with the burden on self-employed individuals, who have been struggling with debt due to the direct impact of the COVID-19 crisis, expected to increase. / Reporter Kang Jin-hyung aymsdream@
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