Table 1 Main features of two wholesale markets

Questions	Daegu wholesale market South Korea	Sentrong Pamilihan Philippines
Date of establishment	1988	2004
Name of management	Local administrative government	Foundation
Market area	1.67 Hectare	0.5 Hectare
Which of the following best describes the area in which the market is located?	Urban	Sub-urban
How many other employees does the market employ?	20,000 employees	32 full-time workers
What is the actual value for all product sales at this market last 2019?	Estimated amount of 790.1 Million USD.	Estimated amount of 3.1 Million USD.
What is the actual value for annual expenditures/spending last 2019?	Estimated amount of 4.2 Million USD	Estimated amount of 196,000 USD
What are the typical hours of operation for the market?	5 am – 6 pm	4–10 am, and 5 pm–2 am
Daily average trading volume	1,206 tons	200 tons