Korean big biz focused on risk management in H2
South Korea
Seoul - Yonhap
South Korea's top 30 conglomerates are focused on managing risks and enhancing corporate stability in the second half of 2014 to deal with persistent economic uncertainties, a poll carried out by the lobbying group of large businesses showed Sunday.
The latest findings by the Federation of Korean Industries (FKI) showed 40 percent of conglomerates, such as Samsung, Hyundai Motor, SK and LG, bracing for management-related challenges and unpredictable foreign exchange rates, with another 36.6 percent considering restructuring to enhance stability.
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