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Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
Posted : 2021-01-14 16:46
Updated : 2021-01-14 18:06
Culture Minister Park Yang-woo speaks during a virtual sports ministers meeting with his Japanese and Chinese counterparts in Seoul, Dec. 24. / Courtesy of Ministry of Culture, Sports and Tourism
By Park Han-sol
The government will create funds worth a total of 298.5 billion won ($271 million) this year on aid to the culture, sports and tourism industries that have been hit hard by the COVID-19 pandemic, the culture ministry announced Thursday.
With the Korea Fund of Funds, where the government funding for local small and medium-sized enterprises aims to encourage private sectors investment, the Ministry of Culture, Sports and Tourism will target its budget on businesses heavily affected by the coronavirus, and move up its execution by a month to support their speedy recovery.