Korea Joongang Daily
Korea JoongAng Daily

FKI promotes Korea's U.S. investments at congressional charity baseball game in Washington

Korea's Federation of Korean Industries (FKI) said Thursday it has participated as a sponsor in an annual U.S. congressional charity baseball event in Washington as part of efforts to promote Korean companies' investments in the United States.

2025-06-12

Business sentiment improves for June but remains in negative territory, industry poll shows

Korea's business sentiment improved for June, buoyed by a partial easing of U.S.-China trade tensions, but remained in negative territory for the 39th consecutive month, an industry poll showed Tuesday.

2025-05-27

Lotte chief to head FKI delegation to visit Indonesia on April 28 and 29

The Federation of Korean Industries announced Sunday that it will send a business delegation led by Lotte Group Chairman Shin Dong-bin to Indonesia from April 28 to 29 to strengthen economic ties with the Southeast Asian country’s new administration.

2025-04-20

Open-and-shut case: Self-employed report terrible 2024

A pedestrian in Seoul on Feb. 25 walks past a vacant retail property that contained a store that opened in September 2022 but closed only three years later.

2025-02-25

HYBE, Naver, Kakao join Korea's major business lobby

Naver, Kakao, and HYBE were among 46 companies admitted to the Federation of Korean Industries, where Chairman Ryu Jin emphasized the importance of entrepreneurship for economic revival.

2025-02-20

Sales of domestic market companies fall in H1 as consumer spending slows

Sales of domestic market-oriented companies saw an on-year decline in the first half of the year for the first time since 2020 due to sluggish consumer spending, a market analysis showed Wednesday.

2024-11-13

Korean companies expect subdued economy in October

Most Korean companies expect the country’s economy to underperform in October, with the Business Survey Index at 90.6, signaling a pessimistic outlook for the 19th consecutive month.

2023-09-26

Korean, Japanese business leaders to meet in Tokyo

Korean and Japanese business leaders are expected to meet in Tokyo later this week and possibly discuss creating a joint fund to help resolve the issue of compensation of victims of Japan's wartime forced labor.

2023-03-13

Korean companies cut back on hiring, prefer old newbies

The terrible job market is set to remain that way as a majority of Korean companies say they have no plans to hire new graduates.

2023-03-08

Kim Byong-joon named new head of FKI

The Federation of Korean Industries (FKI) named Kim Byong-joon, current chairman of Community Chest of Korea, as the new acting chairman of the country’s largest business lobbying group.

2023-02-23