With a breakthrough summit between President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida slated for Thursday, diplomatic observers advised that Yoon should not put asid.
Kolon Group Honorary Chairman Lee Woong-yeul was appointed to lead a committee to recommend candidates for the next Federation of Korean Industries (FKI) chairman, according to the business lobby group, Monday. The FKI said Lee was given plenary authority to supervise the recommendation process.
Federation of Korean Industries (FKI) Chairman Huh Chang-soo expressed his intention to resign after his term ends next month, according to industry officials, Friday. Huh announced his intention last week while having a meal with the vice chairman of the FKI at a hotel in Seoul. The dinner was attended by Kolon Group Honorary Chairman Lee Woong-yeul and Hanjin Group Chairman Cho Won-tae.