Small and Medium Business Ombudsman Proposes Support for Excluded Sectors Like Accommodation from Loss Compensation

Jubong Park, Small and Medium Business Ombudsman (Vice Minister level).
[Photo by Asia Economy DB]

[Asia Economy Reporter Kim Jong-hwa] Park Ju-bong, Small and Medium Business Ombudsman (vice ministerial level), proposed to the government on the 12th at the National Policy Coordination Meeting support measures for industries excluded from loss compensation for small business owners, such as the lodging industry.

Ombudsman Park stated, "While conducting field meetings in 243 local governments nationwide, it became clear that the voices of dissatisfaction among travel and lodging small business owners are deepening," and he proposed the need for support measures for the lodging industry excluded from loss compensation.

He also requested △loan support for the lodging industry, △issuance of coupons for small business hotels in downtown areas, and △gradual allowance of group tours for foreign tourists.

Ombudsman Park appealed, "Last year, small businesses in the tourism sector had almost no sales, but daily expenses and management fees were still incurred, and this is ongoing," adding, "Since maintenance costs are necessary, when applying for additional loans from financial institutions, there are cases where loans are denied due to the significant decrease in last year's sales, so support is needed."

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