Shinsegae Yeoju Premium Outlet Donates to Support Recovery Efforts in Yeoju Area
From the left, Lee Hang-jin, Mayor of Yeoju City, and Do Hyun-cheol, Manager of Shinsegae Simon Yeoju Premium Outlets, are posing for a commemorative photo at the donation ceremony held on the 25th to support the livelihoods of Yeoju residents and flood recovery efforts.
View original image[Asia Economy Reporter Cha Min-young] Shinsegae Simon announced on the 25th that it will donate 10 million won to support the livelihoods of residents in Yeoju-si, who have been affected by the prolonged COVID-19 pandemic and heavy rains, as well as to aid flood recovery efforts.
The donation ceremony was held at the Yeoju City Hall in Gyeonggi Province, attended by Lee Hang-jin, Mayor of Yeoju, and Dohyun-cheol, Manager of Yeoju Premium Outlets. The donated funds will be used to support the livelihoods of Yeoju residents struggling with COVID-19 difficulties and for flood recovery projects.
Yeoju Premium Outlets strives for mutual growth with the local community. Since 2012, it has held an annual ‘Direct Market for Agricultural Specialties’ with Yeoju-si, promoting local economic revitalization by supporting Yeoju farmers. In 2015, with its expansion opening, it launched the cooperative store ‘Yeoju Public Market,’ featuring a Yeoju pottery sales hall and Yeoju market restaurants, contributing to the promotion of Yeoju-si. In 2019, it also donated 100 million won to Yeoju-si for community development.
Earlier this year, Cho Chang-hyun, CEO of Shinsegae Simon, received the ‘Gyeonggi Provincial Council Chairman’s Commendation’ in the field of community development, recognizing various activities carried out to revitalize and develop the local economy.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
A Shinsegae Simon official said, “Amid the prolonged economic difficulties caused by COVID-19 and the recent floods threatening residents’ livelihoods, we decided to donate funds to provide some help. We empathize with the hardships of the local residents and will strive to provide practical support and grow together with the community.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
