Finance chief calls for biz sector innovation to sustain economic growth

Finance Minister Koo Yun-cheol on Friday urged South Korea's business leaders to continue efforts to innovate and find new growth engines to support the country's economic growth in the face of industrial paradigm shifts, such as artificial intelligence transformation. Koo made the call in a meeting with the executives of major conglomerates, including Samsung Group, LG Group, Hyundai Motor Group, SK hynix Co. and Hanwha Ocean Co., according to the Ministry of Finance and Economy. "Despite worse

By The Korea Herald