Minimum wage hikes to squeeze businesses | Sights and tastes of Seoul's Central Asia Street

The Daily Debrief | July 16, 2026

Published Modified
People take photos in front of flowers at the Historic Site of General Sin Sung-gyeom in Daegu on July 16.

Good evening on this cloudy Thursday in Seoul. Here are the stories you need to know in Korea.

In today's news, small businesses are worried about the new minimum wage hikes and their effect on labor costs. In other stories, we check out Seoul's Central Asia Street for some authentic cuisine, and we take a look at fake AI "doctors" dispersing questionable health advice on the internet.

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Today's top story

BUSINESS

'I can't afford another worker': Minimum wage hike renews calls for reform





Korea's decision to raise the minimum wage by 3.7 percent next year has renewed calls to overhaul the country's wage-setting system, as small business owners say they are struggling to absorb rising labor costs.

"The prolonged economic downturn has forced many nearby businesses to close, and the commercial district has lost much of its vitality," said a cafe owner in Uijeongbu, Gyeonggi. "Some days, my sales don't even reach 100,000 won [$67.23]."

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Feature of the day

ABOUT TOWN

Gwanghui-dong's Central Asia Street: One neighborhood, many flavors

Immigrant-run restaurants and shops have turned this Seoul neighborhood near Dongdaemun Market into a culinary and cultural hub for Central Asians, Mongolians and curious locals alike.

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More stories


Seoul extends Han River pool hours to 10 p.m. to counter ongoing heat wave

Daejeon mayor sees unified national military academy as major step forward for city

IVE's Jang Won-young to throw first pitch at Mets-Dodgers game

GS Caltex leans on AI, robots to boost safety, efficiency at Yeosu oil refinery

Faker named ambassador for esports' biggest events through 2028

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Editor's picks

KOREA

AI 'doctors' are spreading fake health tips on YouTube. Regulators can't do much to stop them.

AI-generated videos featuring fake doctors dispensing health advice are proliferating on YouTube, and there's very little the authorities can do about it.

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KOREA

Breeder jailed for cutting open live dog, illegal euthanasia

A court sentenced a former Hwaseong breeding facility operator to 18 months in prison for cutting open a pregnant dog, practicing unlicensed euthanasia and violating animal protection laws.

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LIFESTYLE & ENTERTAINMENT

Why filmmakers keep returning to the inter-Korean border

Eight movies show how the demilitarized zone's isolation and military tension have shaped stories across genres.

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BUSINESS

BOK raises interest rate for first time in three and a half years

Korea's central bank lifted its benchmark rate to 2.75 percent, citing inflation, growth and stability concerns as reasons for its first increase since early 2023.

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