procurement Archives | Be Korea-savvy
Gov’t Mandates Public Institutions to Buy 8 pct of Annual Procurements from Startups

Gov’t Mandates Public Institutions to Buy 8 pct of Annual Procurements from Startups

SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s public institutions have been mandated to buy 8 percent of their annual procurements from startups. The Ministry of SMEs and Startups announced that the revised enforcement ordinance of the SME Establishment Support Act was resolved at a cabinet meeting and would take effect from Thursday. Under the [...]

Seoul City to Deliberate on Restricting Procurement from Japanese Companies Involved in Past Atrocities

Seoul City to Deliberate on Restricting Procurement from Japanese Companies Involved in Past Atrocities

SEOUL, Jan. 30 (Korea Bizwire) — The Seoul Metropolitan Government plans to reduce the volume of purchases from Japanese corporations with a history of being involved in atrocities committed against the Korean people during the colonial rule of the Korean peninsula. The Seoul Metropolitan Council began deliberating on a recently submitted bill that calls on [...]

Telenor Selects Business Spend Management Leader Coupa to Power Global Procure-to-Pay Initiative

Telenor Selects Business Spend Management Leader Coupa to Power Global Procure-to-Pay Initiative

SAN MATEO, Calif., Jun. 21 (Korea Bizwire) — Coupa Software (NASDAQ:COUP), a leader in business spend management (BSM), today announced that Telenor, one of the world’s largest telecommunications companies, has selected Coupa to transform its global procurement capability and drive efficiencies across its 25,000 employees. Global service provider KPMG will support the deployment. “Telenor is [...]