South Korea's Fair Trade Commission facilitated the payment of KRW 23.2 billion ($17 million) in overdue subcontract fees to 202 SMEs ahead of Chuseok, while 79 major firms advanced KRW 2.877 trillion ($2.1 billion) to 16,646 subcontractors, easing financial pressure on small businesses.
#YonhapInfomax #FairTradeCommission #SubcontractFees #Chuseok #SmallAndMediumEnterprises #OverduePayments #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86025

FTC to file criminal complaint against Eugene Construction Industry for non-payment of subcontract fees, highlighting enforcement actions against non-compliant businesses
#YonhapInfomax #FairTradeCommission #EugeneConstructionIndustry #SubcontractFees #CriminalComplaint #CorrectiveOrder #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60098