South Korea Firms Told to Create Jobs
South Korea Firms Told to Create Jobs

South Korea Firms Told to Create Jobs

South Korea Firms Told to Create Jobs

South Korea’s top economic policymaker on Friday asked companies to do more to create jobs and spearhead innovative growth in the latest appeal to the business community to join the government’s efforts to push for a more balanced and sustainable economy, Yonhap reported. In a meeting with Shinsegae Vice Chairman Chung Yong-jin and top executives of affiliates of the business group in Hanam, just southeast of Seoul, Finance Minister Kim Dong-yeon stressed the importance of cooperation between the private sector and the government to usher in innovative growth. In September 2016, Shinsegae Group opened the country’s largest shopping complex in Hanam. The Moon Jae-in government is preaching growth centered on innovation, which it claims will help Asia’s fourth-largest economy secure its potential growth and allows for sustainable expansion that can benefit everyone. The latest gathering is the fourth round of such talks between the finance minister and heads of major South Korean business conglomerates.

Short URL : https://goo.gl/zRtbEx
  1. https://goo.gl/cMy9dQ
  • https://goo.gl/uTQ7Pz
  • https://goo.gl/mFSrsZ
  • https://goo.gl/zaBr9c
  • https://goo.gl/fZnASi

You can also read ...

ECB President Mario Draghi (L) and US fed chair Jerome Powell at the ECB Forum on Central Banking in Sintra, Portugal, June 20.
The world’s most-powerful central bankers warned that...
Consumer prices rose just 0.1% in May, down from a 0.3% gain in April.
Canada’s economy showed unexpected weakness in the second...
Brazil CB Holds Rate Steady
For the second consecutive time, the Central Bank of Brazil...
China Trade Surplus Shrinks
China’s trade surplus shrank markedly in the first five months...
Inflation rate forecast for the full year is averaged around 3.1%.
Saudi Arabia is so intent on changing its identity that today’...
Turkey Sees 22% Yearly Decline in FDI
Turkey attracted some $3.1 billion in net international direct...
Ukraine Shadow Economy Drops to 31% of GDP
Shadow economy in Ukraine dropped by 4% in 2017, to 31% of GDP...
IMF to Lower Eurozone Growth Projections
The International Monetary Fund will downgrade growth...

Add new comment

Read our comment policy before posting your viewpoints