Business lobbies representing Korea’s small and medium-sized enterprises (SMEs) emphasized efforts to go global this year in an apparent attempt to keep pace with newly appointed SMEs and Startups Minister Oh Young-ju, who had only worked as a diplomat in her entire 36-year career, according to industry officials, Monday.
Slowing Factory Output Signals Economic Slump chosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chosun.com Daily Mail and Mail on Sunday newspapers.
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.
South Korea's major business lobby groups on Monday requested that President Yoon Suk Yeol exert his veto power against a pro-labor union revision bill unilaterally passed by the main opposition party last week. The so-called Yellow Envelope bill, a revision to the Labor Union and Labor Relations Act, aims to limit companies from filing damage suits and provisional seizures against workers on strike, as well as .