Health ministry to ease wholesaling regulations

Published: 2009-12-30 06:59:00

Updated: 2009-12-30 06:59:00

The Fair Trade Commission has recently recommended the Ministry of Health, Welfare and Family Affairs to lift the regulations over the paid-in capital ceiling of 500 million won as part of efforts to lift unnecessary red tape and bolster competition in the local wholesaling industry.

Under the current regulation, anyone who are intended to operate his/her new wholesaling business should own ...

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