SEOUL, July 14: South Korea on Saturday decided to raise the minimum wage by 10.9 percent to 8,350 won ($7.40) an hour next year but a small-business group said it would refuse to implement the reform as its members were already grappling with a slowing economy. South Korea’s labour-friendly President Moon Jae-in has pledged to raise the minimum wage by 55 percent to 10,000 won per hour by 2020 as part of efforts to boost consumption and growth. After a 19-hour-long mee
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