SEMAS Chmn. Park Calls for Leading Leap of Small Businessmen and Traditional Markets
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SEMAS Chmn. Park Calls for Leading Leap of Small Businessmen and Traditional Markets
Announces specific action plan, calling for nurturing small businessmen for sustainable growth and building customer-oriented commercial districts and markets

24(Mon), Feb, 2025




Chairman Park Sung-hyo of the Small Enterprise and Marketing Service (SEMAS) gives a speech at a news conference at the KBIZ Building in Yeouido, Seoul, on Feb. 20.


Chairman Park Sung-hyo of the Small Enterprise and Marketing Service (SEMAS) said in a news conference at the KBIZ Building in Yeouido, Seoul, on Feb. 20 ¡°SEMAS will lead a leap of small businessmen and traditional markets.¡± 

Chmn. Park revealed a specific action plan, calling for nurturing small businessmen for sustainable growth, building customer-oriented commercial districts and markets, easing small businessmen¡¯s financial burden, and strengthening the provision of tailored policy services. 

As for nurturing small businessmen for sustainable growth, SEMAS will explore and nurture entrepreneurial small businessmen, offering new support for delivery and delivery services, expanding employment insurance small business recipients, and raising its support cost for evacuating shops form the current 2.5 million won to 4 million won. 

In order to build customer-oriented convenient commercial districts and markets, SEMAS will invigorate commercial districts and markets, offer support to online market entrance and digital traditional markets as well as spread of smart technologies. 

The entity has set aside 16 billion won for supporting 46,000 online market entrants, 6.5 billion won for supporting digital traditional markets and 32.5 billion won for spreading smart technologies. It plans to expand the issuance of Onuri gift certificates to 5.5 trillion won. 




SEMAS Chmn. Park Sung-hyo attends a meeting designed to invigorate traditional markets at the Mangwon Traditional Market in Seoul on Feb. 17. (Photos: SEMAS)


In order to ease small businessmen¡¯s financial burden, SEMAS will inaugurate a shared growth fund based on 3.77 trillion won for extending loans to small businessmen, easing the criteria for delaying loan repayment, expanding the scope of loan exchanges, and creating a loan repayment with a two-year grace period. 

As for ramping up tailored policy services, SEMAS will offer tailored services based on data by establishing the big data platform ¡°Small Businessmen 365¡± and operate small businessmen¡¯s on-the-spot complaint and grievance centers with a focus on 77 regional centers. 

SEMAS Chmn. Park said, ¡°We¡¯ve made multi-faceted efforts, such as the restructuring of a policy support regime for the growth of mall businessmen and SEMAS, and SEMAS will do its utmost by mobilizing its executives and staff members¡¯ capabilities for the leap of small businessmen and traditional markets.¡± 



SEMAS Redoubles Efforts to Enhance Capabilities 

The Small Enterprise and Marketing Service held a workshop designed to enhance its executives and staff members¡¯ capabilities in 2025. 

The event took place at KW Convention Center in Daejeon on Feb. 13 with 176 officials in attendance.

The workshop was designed to share major business plans and pending issues and enhance its capabilities through field communication and cooperation between its headquarters and regions. 

The workshop was launched with SEMAS Chmn. Park Sung-hyo¡¯s delivering its operation vision and management tenets. Each business took the time to present its major business plans and pending issues. 

Participants discussed ways of front-loading budgets to reinvigorate the sagging domestic economy, caused by three highs – high inflation, high interest rate and high foreign currency exchange rate. 

They showed a resolution and a written oath to purse integrity to secure trust of small businessmen and traditional markets.

Participants were given the chance to listen to outside experts¡¯ lectures designed to cope with rapidly changing management conditions and enhance the efficiency of administrative duties using digital technologies. 

The lecture, titled ¡°ChatGPT Era, How Does the World Evolve?¡± had received a good reception by specifying examples designed to enhance the efficiency of duties. 

SEMAS Chmn. Park said, ¡°It is more important for SEMAS executives and staff members to abide by their ethical values and be armed with duty expertise and execution capabilities to become an institution trusted by people, and we will offer full support so that the quality of services to people can be enhanced through our executives and staff members¡¯ expertise enhancement by designing this year as a year of redoubling capabilities.¡± 

   
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