The Seoul Regional Headquarters of the Korea Federation of SMEs (Regional Chairman Park Jong-seok) announced that it held the '2023 Seoul Regional SME CEO Workshop' over two days starting from the 17th in Chuncheon, Gangwon Province. This workshop was organized to share opinions on major issues facing the SME sector amid the challenging economic situation following the end of COVID-19, to explore the role of cooperatives, and to discover new policy tasks for revitalizing the local economy.


During the workshop's roundtable meeting, participants resolved to actively participate in a signature campaign to postpone the enforcement of the Serious Accident Punishment Act, which will apply to companies with fewer than 50 employees starting January next year. They also shared details of proposed tax law amendments aimed at promoting business succession.


Park Jong-seok, Chairman of Seoul Small and Medium Business Association (6th from the left in the front row), and other participants of the Seoul area small and medium enterprise CEOs workshop are posing for a commemorative photo.

Park Jong-seok, Chairman of Seoul Small and Medium Business Association (6th from the left in the front row), and other participants of the Seoul area small and medium enterprise CEOs workshop are posing for a commemorative photo.

View original image

Additionally, with 10 basic local governments within Seoul either implementing or preparing to introduce ordinances for fostering and supporting SME cooperatives within the year, discussions were held on cooperative projects with these local governments. Time was also devoted to identifying and proposing matters eligible for support from autonomous districts, such as joint projects and R&D projects by cooperatives.



Park Jong-seok, Chairman of the Seoul Federation of SMEs, stated, "Now, when the economic situation is tough, is precisely when the role of cooperatives stands out," adding, "If we work together to further activate joint and collaborative projects and eradicate industry regulations and difficulties, we can overcome the crisis."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing