Kibo Takes Action to Revive Traditional Markets Struggling Due to 'COVID-19'

Sister Market Partnership with Cheoltuk Market... Leading Traditional Market Revitalization through Shopping and More

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jung Yoon-mo, hereinafter referred to as Kibo) announced on the 18th that it has signed a sisterhood agreement with 'Cheoltuk Market,' located near its Busan headquarters, to revitalize traditional markets struggling due to the spread of the novel coronavirus infection (COVID-19).

According to the agreement, Kibo plans to designate the second Thursday of every month as 'Traditional Market Day' and will conduct activities such as shopping with Onnuri gift certificates and dining at restaurants. Cheoltuk Market agreed to cooperate by supplying high-quality goods at affordable prices.

Additionally, Kibo purchased local agricultural products such as rice and apples at Cheoltuk Market and delivered them to vulnerable groups facing difficulties shopping due to COVID-19, thereby practicing social contribution in the local community. Director Kim Young-chun of Kibo stated, "We expect this agreement to help promote sales and revitalize local traditional markets through mutual cooperation," adding, "Kibo will continue to show sustained interest in traditional markets and encourage their frequent use."

This content was produced with the assistance of AI translation services.