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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 conglomerates showed Sunday.
The latest findings by the Federation of Korean Industries showed 40 percent of conglomerates, including Samsung, Hyundai Motor, SK and LG, are bracing for management-related challenges and unpredictable foreign exchange rates, with another 36.6 percent considering restructuring to enhance stability.
“In effect, almost eight out of 10 conglomerates are thinking of potential risks and challenges,” the FKI said.
In contrast, only 10 percent of the polled businesses expressed interest in broadening their business scope in the July-December period, with 6.7 percent contemplating ways to build up their growth potential. (Yonhap)
The latest findings by the Federation of Korean Industries showed 40 percent of conglomerates, including Samsung, Hyundai Motor, SK and LG, are bracing for management-related challenges and unpredictable foreign exchange rates, with another 36.6 percent considering restructuring to enhance stability.
“In effect, almost eight out of 10 conglomerates are thinking of potential risks and challenges,” the FKI said.
In contrast, only 10 percent of the polled businesses expressed interest in broadening their business scope in the July-December period, with 6.7 percent contemplating ways to build up their growth potential. (Yonhap)
