smaller firms Archives | Be Korea-savvy
S. Korea to Increase Support of Startups’ Overseas Expansion

S. Korea to Increase Support of Startups’ Overseas Expansion

SEOUL, Sept. 27 (Korea Bizwire) — South Korea said Monday it plans to increase support for overseas expansion by startups and smaller firms as part of efforts to strengthen its ties with Southeastern Asian countries and nations in Eurasia. The government plans to further promote economic cooperation with the 10-member states of the Association of [...]

One-third of SMEs Say Unlikely to Survive for Over 1 Year amid Virus

One-third of SMEs Say Unlikely to Survive for Over 1 Year amid Virus

SEOUL, Sept. 22 (Korea Bizwire) — Nearly 3 in 10 smaller companies in South Korea think they may not stay afloat for one year or longer due to the impact of the prolonged coronavirus impact, a poll showed Tuesday. The survey of 50 small and medium-sized enterprises (SMEs), taken by the Federation of Korean Industries, [...]