Court Approves Homeplus Rehabilitation Plan; Government Support to Continue

[Economy 365]

While the court has approved the rehabilitation plan for Homeplus, the government has decided to continue its support for workers and partner companies.

The government has provided workers with 41 billion won in unemployment benefits and government-backed wage payments (daejigeupgeum), as well as 42 billion won in loans for living stability. It is also providing 440 billion won in liquidity support to partner companies.

The government plans to continuously monitor the implementation of the rehabilitation plan.

*This article was produced with AI audio.
※ Please note: This article was translated by AI and may contain errors.