SEOUL, June 07 (Korea Bizwire) – Forty two percent of small businesses in the nation seem to reckon that their business conditions have been improved by the “SME-suitable industry scheme” initiated by the government. A survey was conducted to find out how the nation’s 51 specific industries — designated as “SME-suitable” which aims to keep [...]
SEOUL, May 24 (Korea Bizwire) – A study said it takes an average of 19 years for a small- or mid-sized firm to graduate from that status and move up the rank of an enterprise of middle standing. According to a report by the Korean Chamber of Commerce and Industry based on a survey on [...]
SEOUL, Korea, April 30, 2014 (Korea Bizwire) – New loans offered by commercial banks to small business owners are gaining popularity. According to banking sources on April 29, “Neighborhood Loan” given out to self-employed businesspeople was sold 20.3 billion won in 544 cases as of April 22, with an outstanding loan balance at 15.4 billion [...]
MCLEAN, Va., April 4, 2014 (Korea Bizwire) – Award-winning independent director and producer, Trish Dalton and editor and cinematographer, John Sears, will be setting out on a 10-week journey across the country to explore the true fabric of America’s economy – small businesses. Sponsored by Spark Business from Capital One, the “I Am Small Business Proud” [...]
SEOUL, Korea, 17, Jan. (Korea Bizwire) – Korea Institute of Environmental Technology & Industry (KEITI) under the Ministry of Environment (MOE) announced on the 16th that it will provide the environmental policy fund of 182.5 billion KRW to help business stabilization of small- and medium-sized enterprises (SMEs) in the field of environment. The fund hits [...]