President promises additional support for SMEs, startup businesses
Social affairsJan 16, 2018
President Moon Jae-in promised all-out effort Tuesday to support small and medium-sized enterprises (SMEs), saying his top priority was to allow them to work in a fair environment.In a special meeting with top executives and officials from local SMEs and venture firms, the president said the government was also moving to discontinue the use of promissory notes as a way of payment by large conglomerates, a practice long blamed as a cause of liquidity shortages for already cash-strapped SMEs.Presi