South Korea to extend oil tax breaks, expand support for e-commerce vendors

SEOUL : South Korea’s finance minister said on Wednesday the government would extend tax breaks on oil products at current rates until the end of October.
Minister Choi Sang-mok also said the government would expand liquidity support for small businesses, hit by recent payment troubles at e-commerce platforms, to 1.6 trillion won ($1.20 billion) from 1.2 trillion won.
($1 = 1,329.1100 won)