Ottugi Supports Partners with Early Payment of 110 Billion Won Ahead of Chuseok

Ottugi, a leading food company in South Korea, has announced an early payment of 110 billion won to its partners ahead of the Chuseok holiday, a major Korean holiday observed in September. The early payment, which will be made in cash, aims to support the partners’ smooth operations and ease their financial burden during a period of economic hardship. This initiative marks Ottugi’s commitment to fostering long-term partnerships with its suppliers and distributors, recognizing their crucial role in the company’s success. Ottugi’s early payment represents a proactive measure to alleviate financial stress among its partners, especially during the challenging economic climate marked by high inflation and interest rates. The company believes that this initiative will provide valuable support to its partners, enabling them to navigate these challenging times effectively.