Junggi Joonganghoe Holds 15th Anniversary Event for the Launch of Noran Usan

[Asia Economy Reporter Kwak Minjae] The Korea Federation of Small and Medium Business (Kbiz) announced on the 1st that it held the ‘15th Anniversary Ceremony of the Launch of the Yellow Umbrella’ at the Kbiz headquarters in Yeouido, Seoul. The Yellow Umbrella is a public mutual aid system for small businesses and small merchants operated by Kbiz and supervised by the Ministry of SMEs and Startups (MSS).

The event was attended by about 100 people, including Lee Young, Minister of SMEs and Startups, Kim Ki-moon, Chairman of Kbiz, and subscribed customers. Commendations from the Minister of MSS and the Chairman of the National Assembly’s Industry, Trade, Energy, SMEs and Startups Committee were awarded to meritorious persons who contributed to the development of the system, such as outstanding employees of the Yellow Umbrella Customer Center.

The inauguration ceremony for the chairman of the ‘Regional Customer Rights Protection Committee’ was also held. The committee was established in 13 regions last September to collect opinions from Yellow Umbrella subscribers and experts and to reflect them in system improvements.

Following this, Kwak Beom-guk, Head of the Mutual Aid Business Division at Kbiz, presented the ‘Yellow Umbrella Welfare Project Promotion Roadmap.’ Talents Jung Jun-ho and Nam Bo-ra were appointed as Yellow Umbrella ambassadors for next year.

Minister Lee Young of MSS said, “Congratulations on the 15th anniversary of the Yellow Umbrella, which is growing rapidly, reaching 1.67 million subscribers,” and added, “I hope that many cooperation and win-win models among subscribers will be discovered through the welfare projects scheduled to be actively promoted from next year.”

Kim Ki-moon, Chairman of Kbiz, stated, “We will continue to do our best to achieve the new goals of 3 million subscribers and 50 trillion won in contributions by 2030,” and emphasized, “In particular, we will prioritize improving customer welfare and protecting their rights.”

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