As Domestic Demand Slumps, Cash Has Dried up… Daegu Companies’ Financial Crisis Faces Prolonged
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Business sentiment among companies in the Daegu region during the Chuseok holiday appears to have frozen even further compared to last year. Seven out of ten local companies responded that business conditions had worsened compared to last Chuseok, and more than six assessed that their financial situation had also deteriorated. According to the Daegu Chamber of Commerce and Industry on the 7th, a recent "Chuseok Business Trend Survey" conducted …
The Daegu Chamber of Commerce and Industry (Chairman Park Yoon-kyung) released the results of a 'Chuseok business trend survey' conducted on 445 local companies on the 6th.
Generative AI Production. As sluggish domestic demand leads to declining sales, financial difficulties are deepening for companies in the Daegu region. More than six out of ten companies reported that their financial situation has worsened compared to last year, and less than half of them stated they would pay Chuseok bonuses. In the ‘2026 Chuseok Business Trends Survey’ recently conducted by the Daegu Chamber of Commerce and Industry targetin…
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