The government will step up efforts to restructure the manufacturing industry and reinvigorate the sagging corporate sector, officials said Thursday.
Industry Ministry officials said the government will seek industry-wide reorganization after the National Assembly passes a reform bill aimed at helping firms to sell or purchase businesses.
The ministry will move fast to support companies to fasten their business restructuring with the legislation of relevant law, Industry Minister Joo Hyung-hwan said.
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| Industry Minister Joo Hyung-hwan (third from left) makes an opening remark in a meeting with CEOs from the nations top 30 conglomerates in Seoul, Thursday. |
The minister revealed these plans during a breakfast meeting in Seoul with CEOs…
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