Korea’s AI boom leaves small factory suppliers struggling to keep pace with giants Large Korean companies are adopting AI far faster than smaller suppliers, raising concerns over a widening manufacturing supply-chain divide. 2026.8.25
Nearly 4 in 10 firms participating in RE100 initiative face difficulties in sourcing renewable power Nearly 40 percent of Korean companies participating in the global Renewable Energy 100 percent (RE100) initiative are struggling to source renewable energy due to high costs and limited procurement options, a report showed Tuesday. 2026.1.20
FKI's gifticon plan may change the meaning of 'stock' present while broadening investor base Wondering what to get a family member or a friend for their birthday? Consumers may soon be able to gift stock shares in the form of mobile vouchers, or gifticons, according to the Federation of Korean Industries (FKI) on Tuesday. 2025.12.23
Young Koreans lose confidence in job market, prefer passive job search Korea’s young job seekers are increasingly losing confidence in the hiring market, with many recent graduates preferring to passively apply for jobs after facing multiple rejections. 2025.12.9
Over 60% of large firms have no recruitment plans in H2: Survey More than 60 percent of large firms have no plans to recruit in the second half of the year or have yet to decide, casting a grim outlook for the job market, a survey showed Thursday. 2025.9.11
Trade experts call U.S.-Korea tariff deal 'a great accomplishment' Experts view the recent Korea-U. S. tariff agreement as a positive step but caution that significant negotiations are still ahead. 2025.8.5
8 major business groups urge parliament to reconsider 'Yellow Envelope Act' Eight of Korea’s largest business associations urged the National Assembly to reconsider two major legislative proposals, the “Yellow Envelope Act” and amendments to the Commercial Act, warning of consequences for the economic environment. 2025.7.29
FKI promotes Korea's U.S. investments at congressional charity baseball game in Washington Korea's Federation of Korean Industries (FKI) said Thursday it has participated as a sponsor in an annual U.S. congressional charity baseball event in Washington as part of efforts to promote Korean companies' investments in the United States. 2025.6.12
Business sentiment improves for June but remains in negative territory, industry poll shows Korea's business sentiment improved for June, buoyed by a partial easing of U.S.-China trade tensions, but remained in negative territory for the 39th consecutive month, an industry poll showed Tuesday. 2025.5.27
Lotte chief to head FKI delegation to visit Indonesia on April 28 and 29 The Federation of Korean Industries announced Sunday that it will send a business delegation led by Lotte Group Chairman Shin Dong-bin to Indonesia from April 28 to 29 to strengthen economic ties with the Southeast Asian country’s new administration. 2025.4.20
![A model of Posco International’s renewable energy power plant is on display at the Posco booth at Smart Energy Plus 2025, held at Coex in Gangnam District, southern Seoul on Oct. 15, 2025. [NEWS1]](https://image.koreajoongangdaily.com/12460416.jpg?imageId=12460416&width=240&height=184&format=webp&format=jpg)
![The photo shows a gifticon (mobile gift voucher) transaction. [JOONGANG ILBO]](https://image.koreajoongangdaily.com/12207251.jpg?imageId=12207251&width=240&height=184&format=webp&format=jpg)
![Job seekers look at a hiring information board at a job fair at Daesil Station in Daegu on Nov. 19. [YONHAP]](https://image.koreajoongangdaily.com/12388926.jpg?imageId=12388926&width=240&height=184&format=webp&format=jpg)
![Job seekers speak with company recruiters at a job fair held at Pukyong National University in Busan on Sept. 10. [YONHAP]](https://image.koreajoongangdaily.com/12443261.jpg?imageId=12443261&width=240&height=184&format=webp&format=jpg)
![From left, Korea Economic Research Institute President Jeong Cheol; Seoul National University professor Yoo Myung-hee; Federation of Korean Industries (FKI) Vice Chairman Kim Chang-beom; Choi Seok-young; adviser at law firm Lee & Ko; and Seoul National University law Prof. Lee Jae-min take a commemorative photo at the FKI Tower Conference Center in Yeouido, western Seoul, on Aug. 5. [FEDERATION OF KOREAN INDUSTRIES]](https://image.koreajoongangdaily.com/12384796.jpg?imageId=12384796&width=240&height=184&format=webp&format=jpg)
![Democratic Party Rep. Kim Ju-young, chair of the National Assembly’s Environment and Labor Committee subcommittee, center, and lawmakers speak during a subcommittee meeting on the 'Yellow Envelope Act' at the National Assembly in western Seoul on July 28. [JOONGANG ILBO]](https://image.koreajoongangdaily.com/12406895.jpg?imageId=12406895&width=240&height=184&format=webp&format=jpg)
![The Federation of Korean Industries (FKI) holds a plaque unveiling ceremony in front of the FKI Tower in Yeouido, western Seoul, on Sept. 19, 2023. [YONHAP]](https://image.koreajoongangdaily.com/12207341.jpg?imageId=12207341&width=240&height=184&format=webp&format=jpg)
![Container loading and unloading operations are underway at Incheon New Port in Incheon on May 16. [NEWS1]](https://image.koreajoongangdaily.com/12298906.jpg?imageId=12298906&width=240&height=184&format=webp&format=jpg)
![Lotte Group Chairman Shin Dong-bin discusses economic cooperation with Uzbekistan Prime Minister Abdulla Aripov in Uzbekistan on June 14, 2024, while accompanying then-President Yoon Suk Yeol on a tour of three Central Asian countries. [YONHAP]](https://image.koreajoongangdaily.com/12293188.jpg?imageId=12293188&width=240&height=184&format=webp&format=jpg)