With teammate's help, inconsolable shooter regroups in time to win bronze
Swimmer, gamers celebrate Chuseok with gold medals
Traffic heavy on expressways following Chuseok
Households in capital areas hold 70 pct larger assets than non-metropolitan families: data
Jungkook of BTS sweeps iTunes’ Top Songs charts in 100 different regions
Inflation driving up costs to eat out
Police launch belated probe into another teacher's suicide after parental harassment
S. Korea to extend $5 mil worth of fertilizer aid to Ukraine via U.S. agency
S. Korean industry minister visits Africa for World Expo bid, economic ties
S. Korea wins gold in League of Legends competition; Faker tops podium
Yoon regrets Samsung chief’s criticism of economic policyBy 황장진
Published : March 14, 2011 - 21:18
criticism of economic policy
From news reports
Finance Minister Yoon Jeung-hyun expressed regret Monday about Samsung Electronics chairman Lee Kun-hee’s recent criticism of the government’s economic policy.
“It is truly embarrassing and disappointing,” Yoon told lawmakers about Lee’s disparaging remarks on the Lee Myung-bak administration’s policy performance.
Last Thursday the Samsung chief said, “I am not satisfied but still won’t give out a failing mark since the economy has grown substantially compared with the preceding 10 years.”
Addressing a National Assembly committee, Yoon said, “It is sad to see that the chief of a large business that benefitted from the government’s policy support mentioning about a failing remark.”
The minister also expressed support for former Prime Minster Chung Un-chan’s proposal for a “profit-sharing scheme” between large and small companies, which the Samsung chairman sharply criticized.
“I think the underlying rationale should be developed,” the minister said.
He said the proposal is aimed at promoting fair competition by fixing large companies’ abuse of market power.
Speaking of the profit-sharing program, Samsung’s Lee said, “I have never learned this from texts on economics, and I am not aware if this is used in socialist, capitalist or communist countries.”
The Samsung chairman was speaking to reporters before attending a meeting of the Federation of Korean Industries.
The following day, one high-ranking Cheong Wa Dae official expressed irritation, saying his remarks were obviously uncomfortable to hear.
S. Korea wins gold in women's badminton, 1st since 1994
Expressways remain congested four days into Chuseok holidays
Seoul's financial assistance for egg freezing receives attention from single women