Economy
Seoul to provide W15b for Korean firms eyeing ASEAN market
Nov. 7, 2018
Some 15 billion won ($13.4 million) will be allocated in the national budget next year to assist Korean small and medium-sized companies making inroads into the Southeast Asian market, a presidential aide said Wednesday, calling the region “a blue ocean” for Korean companies.“Even if it is a blue ocean market, financial assistance is needed for companies entering the market with insufficient capital,” said Kim Hyun-chul, presidential adviser for economic affairs, at a mee