SK Telecom to Advance 80 Billion KRW Payments to Partners Ahead of Chuseok
The scene of the 'Non-face-to-face Win-win Growth Camp' event conducted by SK Telecom together with its partners
View original image[Asia Economy Reporter Seol Gina Jo] SK Telecom announced on the 25th that it has decided to provide early payment of delivery payments worth 80 billion KRW to support the cash liquidity of about 1,000 partner companies ahead of Chuseok.
SK Telecom explained that it decided to make this delivery payment to provide some help for the cash liquidity of partner companies facing increased management crises due to the impact of the novel coronavirus infection (COVID-19). Since 2004, the company has been operating the ‘Daegum Jigeup Baro’ program to facilitate smooth funding support for small and medium-sized partner companies. Daegum Jigeup Baro is a system that pays delivery payments in cash to partner companies enrolled in the program regardless of the amount of payment settlement.
In addition, SK Telecom has been conducting a ‘Non-face-to-face Recruitment Fair’ event with partner companies for three months starting from September 1. Through this, it is expected to help alleviate the manpower shortage of partner companies struggling with talent recruitment due to COVID-19.
On the 16th, SK Telecom held a ‘Non-face-to-face Win-Win Growth CEO Forum’ for about 200 partner company CEOs. The company added that the forum was highly praised as a helpful time for corporate management by introducing the prospects of the digital industry in the post-COVID era to the CEOs of partner companies who participated in the event. SK Telecom plans to operate two additional forums for partner company executives by December.
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An SK Telecom official stated, “With the commercialization of 5G in 2019 and the era of change where a new industrial ecosystem is being created, we will continue to provide comprehensive support in technology, finance, and management so that we can grow together with our partner companies.”
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