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Business lobby reborn

The Federation of Korean Industries (FKI) is poised to make a new start, having chosen Poongsan Corp. Chairman Ryu Jin as its new leader. Ryu will be officially tapped as the new leader during an extraordinary general meeting slated for Aug. 22. Announced in May as part of a reform package, the Korea Economic Research Institute (KERI), an FKI affiliate, will be merged into the nation s largest business lobby. ....

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Korea seeks Japan's support for World Expo 2030 Busan bid

About 240 high-ranking government officials and business leaders of Korea and Japan shared ways to boost bilateral cooperation, Tuesday, for Korea s bid to host World Expo 2030 in Busan, according to the trade ministry.The Ministry of Trade, Industry and Energy said that the two sides discussed ways for Korea to help Japan successfully organize the World Expo 2025 in Osaka, and for Japan to help Korea win the right to host the World Expo 2030 in Busan.The face-to-face two-day event was resumed after four years off due to the COVID-19 pandemic. ....

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