Major conglomerate chiefs face grave uncertainties in the new year as a global economic downturn, inflation and rising interest rates are expected to continue. Attention is on how the “chaebol,” or large Korean conglomerates run and controlled by an individual or family, will adapt and grow in these challenging times, according to analysts and industry officials.
Major conglomerate chiefs face grave uncertainties in the new year as a global economic downturn, inflation and rising interest rates are expected to continue. Attention is on how the “chaebol,” or large Korean conglomerates run and controlled by an individual or family, will adapt and grow in these challenging times, according to analysts and industry officials.
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