Lotte Homeshopping Provides Emergency Quarantine Support to Partners

After conducting disinfection for 60 partner companies in March, plans to expand support scope

Diverse support including co-prosperity fund, interest-free loans, and other financial aid policies

[Asia Economy Reporter Cha Min-young] Lotte Homeshopping announced on the 1st that it will provide emergency disinfection support for small and medium-sized partner companies.

As concerns over the novel coronavirus infection (COVID-19) increase, more companies are shifting to remote work, but this measure considers small and medium-sized partner companies that find it difficult to implement remote work due to practical circumstances. Lotte Homeshopping judged that helping partner companies create a safe working environment is the most practical support and decided to provide disinfection activity assistance. Accordingly, together with a professional disinfection company, it will prioritize disinfecting 60 partner companies in March and plans to expand the support scope later. In addition, it plans to actively utilize existing financial support policies such as a 200 billion KRW co-prosperity fund and 10 billion KRW interest-free loans to provide multifaceted support to partner companies.

Lee Wan-shin, CEO of Lotte Homeshopping, said, "'COVID-19' is spreading rapidly, and in the process of seeking measures that are practically helpful to partner companies beyond simple financial support, we decided to support disinfection activities," adding, "We will continuously implement various co-prosperity measures to ensure partner companies can operate their businesses stably while monitoring the situation."

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