Daejeon Credit Guarantee Foundation, Centennial Stores Cooperative Sign Small Business Support Pact

MOU Signed to Operate Field-Based Management Consulting

Society|
|
By Park Hee-yoon
||
Yang Phil-hwan (third from right, front row), chairman of the Daejeon Credit Guarantee Foundation, and Cho Byung-geun (fourth from right, front row), chairman of the Century Shop Daejeon-Sejong Cooperative, pose for a commemorative photo with officials from both organizations after signing a business agreement. Photo courtesy of Daejeon Credit Guarantee Foundation - Seoul Economic Daily Society News from South Korea
Yang Phil-hwan (third from right, front row), chairman of the Daejeon Credit Guarantee Foundation, and Cho Byung-geun (fourth from right, front row), chairman of the Century Shop Daejeon-Sejong Cooperative, pose for a commemorative photo with officials from both organizations after signing a business agreement. Photo courtesy of Daejeon Credit Guarantee Foundation

The Daejeon Credit Guarantee Foundation and the Centennial Stores Daejeon-Sejong Cooperative have joined forces to promote regional co-prosperity through support for small business owners.

The Daejeon Credit Guarantee Foundation announced Wednesday that it signed a "Small Business Regional Co-Prosperity Cooperation MOU" with the Centennial Stores Daejeon-Sejong Cooperative on Tuesday.

The two organizations will cooperate to revitalize the neighborhood economy by operating field-based management consulting for small business owners in the Daejeon region, covering areas including business environment improvement, store operations, sales growth, customer management, and brand management.

"We aim to share the management know-how and experience of certified Centennial Store businesses with local small business owners," said Cho Byeong-geun, chairman of the Centennial Stores Daejeon-Sejong Cooperative.

Yang Pil-hwan, chairman of the Daejeon Credit Guarantee Foundation, also said, "We will accelerate efforts to strengthen the competitiveness of Daejeon's small business owners by connecting the experience of outstanding local merchants with the foundation's support system."

Original reporting by Park Hee-yoon for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Chaebol Tree

Preview
Families Behind the GroupsKFTC May 2026 · DART filings

An English-first interactive map of Samsung, SK, Hyundai, LG and Lotte — built for foreign investors, correspondents and analysts. Korea translates companies into English. We translate the families behind them.

SIGNAL

Pre-register
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

Pre-register for SIGNAL English Edition — a premium subscription bringing Korean capital markets coverage (M&A, IPOs, private equity, fund flows) to global institutional investors. First access to the 50% introductory rate.