SEOUL -- South Korea's new finance minister on Monday vowed to implement policies to help the private sector, as Asia's fourth-largest economy faces challenges from sluggish growth to a weak job market and spillover from the trade war.
"I will make efforts to be known as the minister who has met the private sector the most," Hong Nam-ki told President Moon Jae-in at his appointment ceremony at the presidential Blue House. "I will communicate with them closely by having meetings with the self-employed, big conglomerates and labor unions."
