Pres. Moon calls on conglomerates to invest and create jobs
Arirang News
2019-01-16
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President Moon Jae-in is calling on South Korea's biggest business moguls to play their part in creating jobs and investing in the local economy.
He met with scores of CEOS and other executives on Tuesday at the top office in Seoul.
Shin Se-min starts us off.
Business executives gathered at the top office for a talk with President Moon... including Samsung Electronics' Vice Chair Lee Jae-yong, Hyundai Motor's Chung Eui-sun, LG's Koo Kwang-mo and Choi Tae-won of SK Group,... -- in all, executives from 130 leading businesses.
The president called on them to help breathe life into the country's slowing economy with the focus on job creation and local investment from large firms.
This was round two of the president's free-style discussions with business leaders, following the one last week with SMEs and venture firms, and it was designed to give the participants a chance to speak frankly.
President Moon said the country's top 30 businesses are the ones most preferred by young jobseekers,... and talked up their role in providing job opportunities over the past five years.
"Creating quality jobs is the most urgent issue facing our economy. You all have done well so far but I ask you once again to spearhead efforts to create new jobs. Pay extra attention to this issue."
Adding that the government's goal this year is to create a foundation for companies to leap forward,... the president said he hopes to see more investment in new industrial sectors and new technologies and products to spur future growth engines.
In the discussions, the chief of Korea's telecommunications carrier KT suggested that the government ease regulations on data privacy, and SK Group's chairman asked for the administration to make progress on bills to help the country's social enterprises.
The president, expressing optimism, said that by combining their strengths, the government, businesses, labor and mangement can overcome these difficulties and revitalize the economy.
The president also promised the government's active collaboration in securing the companies' global compatitiveness -- as that will lead to the nation becoming more powerful and prosperous.
Shin Se-min, Arirang News.
He met with scores of CEOS and other executives on Tuesday at the top office in Seoul.
Shin Se-min starts us off.
Business executives gathered at the top office for a talk with President Moon... including Samsung Electronics' Vice Chair Lee Jae-yong, Hyundai Motor's Chung Eui-sun, LG's Koo Kwang-mo and Choi Tae-won of SK Group,... -- in all, executives from 130 leading businesses.
The president called on them to help breathe life into the country's slowing economy with the focus on job creation and local investment from large firms.
This was round two of the president's free-style discussions with business leaders, following the one last week with SMEs and venture firms, and it was designed to give the participants a chance to speak frankly.
President Moon said the country's top 30 businesses are the ones most preferred by young jobseekers,... and talked up their role in providing job opportunities over the past five years.
"Creating quality jobs is the most urgent issue facing our economy. You all have done well so far but I ask you once again to spearhead efforts to create new jobs. Pay extra attention to this issue."
Adding that the government's goal this year is to create a foundation for companies to leap forward,... the president said he hopes to see more investment in new industrial sectors and new technologies and products to spur future growth engines.
In the discussions, the chief of Korea's telecommunications carrier KT suggested that the government ease regulations on data privacy, and SK Group's chairman asked for the administration to make progress on bills to help the country's social enterprises.
The president, expressing optimism, said that by combining their strengths, the government, businesses, labor and mangement can overcome these difficulties and revitalize the economy.
The president also promised the government's active collaboration in securing the companies' global compatitiveness -- as that will lead to the nation becoming more powerful and prosperous.
Shin Se-min, Arirang News.
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