South Korean manufacturers brace for slowdown amid volatility

In the latest survey, the combined share of companies pursuing conservative strategies rose by 14.4 percentage points, underscoring a stronger focus on stability and risk management. — The Korea Herald

SEOUL: Nearly four in 10 South Korean manufacturers expect an economic slowdown in the country this year.

This has led to most companies adopting a cautious management strategy amid ongoing currency volatility and global uncertainty, a business survey showed.