SEOUL: SK Group chief Chey Tae-won, who also serves as chairman of the Korea Chamber of Commerce and Industry (KCCI), called on South Korean companies yesterday to push for fundamental reforms and develop growth strategies amid the economic shocks caused by the nation’s political turmoil.
“The economic outlook for the coming year is challenging. Several domestic and international research institutions forecast that our economic growth rate could decline to around 1% due to recent events both at home and abroad,” Chey said in his New Year’s address.
