Korea s four largest business groups, which left the Federation of Korean Industries (FKI) in 2016 due to its connection in a bribery scandal involving impeached former President Park Geun-hye, are about to rejoin the business lobby which will come under the leadership of a new chairman after the general meeting on Aug. 22, according to industry officials, Tuesday.
Korean business tycoons met with French President Emmanuel Macron to discuss their cooperation in strategic industry projects including energy and next-generation transportation, a business lobby group Korea Chamber of Commerce and Industry said Thursday. At the meeting held at the Elysee Palace in Paris with heads of Korea's top eight conglomerates on Wednesday, President Macron presented the economic and socia.
Kolon Group Honorary Chairman Lee Woong-yeul was appointed to lead a committee to recommend candidates for the next Federation of Korean Industries (FKI) chairman, according to the business lobby group, Monday. The FKI said Lee was given plenary authority to supervise the recommendation process.
Federation of Korean Industries (FKI) Chairman Huh Chang-soo expressed his intention to resign after his term ends next month, according to industry officials, Friday. Huh announced his intention last week while having a meal with the vice chairman of the FKI at a hotel in Seoul. The dinner was attended by Kolon Group Honorary Chairman Lee Woong-yeul and Hanjin Group Chairman Cho Won-tae.