Bando Construction to Advance Payment of 60 Billion KRW to Partners Ahead of Lunar New Year
Bando Construction announced on the 25th that it advanced the payment of construction fees before the Lunar New Year holiday to alleviate the financial difficulties of small and medium-sized partner companies whose business environment has been constrained due to the prolonged spread of COVID-19.
Since 2018, Bando Construction has consistently made early payments of construction fees before holidays, and this year as well, ahead of the Lunar New Year holiday, it advanced payments totaling 60 billion KRW to about 350 partner companies to help them manage their finances smoothly.
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
- Seoul Apartment Sales, Jeonse, and Rents in 'Triple Bull Run'... Worst Supply Shortage in 5 Years
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
- Is It Really Like an Illness? "I Can't Wait to Go Again"—Over 1 Million Visited in Q1, Now 'Busanbyeong' Takes Hold [K-Holic]
Lee Jeong-ryeol, Head of Construction Division at Bando Construction, said, "Despite COVID-19 last year, thanks to the cooperation and efforts of our partner companies, we were able to achieve our expected business results. This year, based on communication and trust with our partners, we will continue to strengthen a sustainable 'win-win and mutual growth' relationship through financial support, technical development education support, and joint research on eco-friendly and low-carbon technologies."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
