Jungjingong Supports SMEs Exporting to India and the Middle East
Discount Benefits Regardless of Weight via DHL
Special Discounts for Middle East and India Markets
The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 2nd that it will expand express delivery discount support for online export small and medium enterprises in partnership with the global express company DHL.
SBC and DHL will expand the existing weight-based discount benefits to all weight ranges through a special discount program until the end of this year. In particular, for emerging markets such as the Middle East and India, additional discounts as well as logistics and customs education and consulting will be provided.
Since signing an agreement with DHL in June 2017, SBC has supported express delivery fee discounts totaling 2.1957 billion KRW for 2,257 export SMEs until April of this year. Through this program, discount benefits will be further expanded not only to B2C (business-to-consumer) small-volume shippers but also to B2B (business-to-business) large-volume shippers.
Ahn Jung-gon, Head of SBC’s Global Growth Division, said, "It is time to expand the online export territory to emerging markets such as the Middle East, which is showing purchasing power growth due to the special high oil prices and digital infrastructure growth, and India, the world’s largest consumer market by population." He added, "Through collaboration with DHL, we will lower the logistics and customs entry barriers for SMEs in emerging markets and lead the diversification of export markets."
Hot Picks Today
"Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- "Can't Even Turn On a Fan? How Will They Endure the Heat?"... Massive Blackout Hits the Philippines Amid Scorching Heat
- "Drink Three Cups of Coffee and Stay Up All Night Before the Test"... Manual of Insurance Planner Who Collected 1 Billion Won in Payouts
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
Detailed information about the special discount program can be found on the GoBizKorea website.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.