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A quiet square in Pangyo, Gyeonggi Province is seen in this Aug. 20 photo. Despite the large number of surrounding IT firms, the streets are almost empty at lunchtime as companies are increasingly adopting work-from-home policies due to the rising number of COVID-19 cases. /Yonhap |
While chances are increasing that the government will adopt Level 3 social distancing measures due to the surging number of coronavirus cases, conglomerates fear that their business operations could be negatively impacted by the implementation of stricter measures, industry officials said.
They said Level 3 social distancing measures could deal a harder blow to companies that mainly generate profits from manufacturing, as the stricter measures could delay their production schedule, which will consequently cause setbacks in exports.
On Aug. 19, the government announced Level 2 social distancing measures for the greater Seoul area would be adopted due to the rising number of infections. The measure was extended nationwide starting Aug. 23. However, the health authorities have warned that Korea may have to implement the highest level of social distancing ― Level 3 ― if the rate of transmission does not slow down.
Korea Times Weekly