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Slowing Factory Output Signals Economic Slump

Slowing Factory Output Signals Economic Slump
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Business leaders call on president to veto pro-labor bill

Korea’s six largest business lobbies held a press conference, Monday, condemning the passage of a bill at the National Assembly last Thursday for labor-friendly revisions to the Trade Union and Labor Relations Adjustment Act. ....

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Kishida calls for stronger Korea-Japan cooperation in global supply chains, high-tech industries

Japanese Prime Minister Fumio Kishida has asked Korean business leaders to strengthen cooperation with their Japanese counterparts in creating sustainable global supply chains and advancing chips, batteries and other strategic industries, according to the Japanese Ministry of Foreign Affairs and participants, Monday. ....

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FKI excluded from president's dinner with business lobby groups

The Federation of Korean Industries (FKI) was excluded from President Yoon Suk-yeol s closed-door dinner at Cheong Wa Dae last Friday with the heads of the nation s major business lobby groups, according to industry officials, Monday. Yoon is said to have invited Korea Chamber of Commerce and Industry (KCCI) Chairman Chey Tae-won, Korea Enterprises Federation (KEF) Chairman Sohn Kyung-shik, Korea International Trade Association Chairman Christopher Koo, Federation of Middle Market Enterprises of Korea Chairman Choi Jin-sik and Korea Federation of SMEs Chairman Kim Ki-mun to the meeting. ....

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