SEOUL, Sept. 12 (Korea Bizwire) — The number of social enterprises certified by the government has reached over 3,000, with a majority of the firms committed to providing jobs to underprivileged people, according to officials Sunday. The labor ministry’s expert committee on social enterprise development on Wednesday certified 97 businesses as new government-approved social enterprises, [...]
SEOUL, Jul. 3 (Korea Bizwire) — SK Telecom Co. announced on Tuesday that it will start a Happy Credit Project where SKT users can collect points for purchasing products from social enterprises or small to medium-sized businesses. SKT users can collect Happy Credit Points if they buy products listed on the Good Consumption list posted [...]
SEOUL, April 2 (Korea Bizwire) – To keep social enterprises operating on solid financial grounds, an incentive system offering monetary support based on their performance will be introduced. SK Group, the Korea Social Enterprise Promotion Agency, Korea Social Investment and the Research Institute for Social Enterprises recently formed a task force to assess the social [...]
SEOUL, Dec. 24 (Korea Bizwire) — The government will mandate social enterprises to fulfill their disclosure requirements. Some of the social enterprises that turn out unviable through the disclosure process will be forced to close their business while the government stops providing subsidies in the form of salary support. The Ministry of Employment & Labor [...]