Big businesses to make early payments to suppliers for Chuseok
Aug 20, 2014
South Korea's leading businesses said Wednesday they will make early payments to their subcontractors for the Chuseok holidays next month, not a rare move but more highlighted this year because of a serious sap in domestic consumption.The country's top conglomerate, Samsung Group, said it will pay 1.8 trillion won to its suppliers earlier than scheduled, with 18 of its affiliates, including Samsung Electronics Co. and Samsung SDI Co., joining the move.Chuseok falls on Sept. 8 this year. The thre