Korea Federation of SMEs Holds Meeting with Deputy Prime Minister Choo Kyung-ho: "Need to Improve Business Succession System"
The Korea Federation of Small and Medium Business (Kbiz) announced on the 19th that it held a meeting with small and medium-sized business owners, invited by Deputy Prime Minister for Economy Choo Kyung-ho, at its headquarters in Yeouido, Seoul.
This meeting marks the first visit by a government economic ministry minister to the SME sector since Kbiz Chairman Kim Ki-moon urged at the presidential office lawn in Yongsan last month that "economic ministry ministers visit SME sites to promptly resolve regulations."
From the government side, Deputy Prime Minister Choo, Lee Hyung-il, Deputy Minister of Strategy and Finance, Byun Tae-seop, Director of SME Policy at the Ministry of SMEs and Startups, and Kim Beom-seok, Director of Policy Coordination at the Ministry of Strategy and Finance, attended.
From the SME sector, Kbiz Chairman Kim Ki-moon, Vice Chairmen Bae Jo-ung and Shim Seung-il, Lee Jeong-han, President of the Korea Women Entrepreneurs Association, Lim Byung-hoon, President of the Innobiz Association, and about 20 representatives from SME organizations and various industries participated.
During the meeting, 22 SME issues were discussed, including ▲ establishment of a credit rating maintenance system to revitalize corporate investment ▲ activation of the venture startup ecosystem ▲ strengthening support policies for the root industry ▲ expansion of support for accounts receivable factoring.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051414165763158_1778735817.jpg)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- No Cure in Sight... '105 Deaths' Spark Fears as American Also Infected
- "It's Only May, but Convenience Stores Know... Iced Americano at 24°C, Tube Ice Cream at 31°C: The Thermometer of the Summer Sales Boom"
- "SEC Set to Capture Semiconductor, Defense, and Battery Markets... Benefiting from Localization of X-ray Inspection Equipment" [Click e-Stock]
- [Breaking] Chung Yongjin Apologizes for Starbucks 'Tank Day' Controversy: "I Take Full Responsibility"
Kbiz Chairman Kim Ki-moon emphasized, “Since his appointment, Deputy Prime Minister Choo Kyung-ho has played a significant role in improving the corporate succession system, one of the chronic difficulties faced by SMEs, through four communications with the SME sector,” adding, “Additional measures such as extending the installment payment period and abolishing restrictions on industry changes are also essential for planned pre-succession.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
