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UPDATED
Regulatory Updates
Sep 4, 2026•1 min read
New Minimum Wage Bills Target Small Businesses, May Affect Pharmacies
Bills to adjust minimum wage based on business size and to support at‑risk small retailers have been introduced, raising questions about impacts on Korean pharmacies.
UPDATED
Regulatory Updates
Sep 3, 2026•1 min read
2027 Minimum Wage Set at 17,000 KRW per Hour
South Korea's Minimum Wage Committee approved a 3.68% increase, setting the 2027 hourly minimum wage at 17,000 KRW.
UPDATED
Regulatory Updates
Aug 30, 2026•1 min read
2027 Minimum Wage Talks Resume; Pharmacies Monitor Labor Cost Implications
The 12th full meeting of the Minimum Wage Committee will resume on the 7th to discuss the 2027 wage, with pharmacies closely watching the outcome for staffing cost planning.
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