Hankyung Association Urges Members to Proceed with Year-End and New Year Gatherings as Planned
Small Business Owners Must Join Efforts to Overcome Difficulties
On the afternoon of the 16th, a year-end party reservation notice was posted at a shop in a restaurant-dense street in Jongno-gu, Seoul. Photo by Yonhap News
View original imageThe Korea Economic Association announced on the 19th that it sent a cooperation letter to its member companies, requesting them to proceed with year-end and New Year gatherings as planned to stimulate domestic demand and help small business owners overcome difficulties.
Along with holding year-end and New Year events and gatherings, the Korea Economic Association requested cooperation on ▲encouraging employees to use remaining annual leave ▲pre-purchasing supplies and consumables ▲early contracting and advance payment of deposits for events ▲early payment of delivery fees to partner companies.
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Lee Sang-ho, Head of the Economic and Industrial Division at the Korea Economic Association, said, "Small business owners are facing difficulties due to political uncertainty and event cancellations," adding, "This is a time when active cooperation from companies is needed to overcome sluggish domestic demand and resolve the management difficulties of small business owners."
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