Business calls emergency meeting to discuss aftermath of emergency martial law

2024.12.04. AM 09:37
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In the event of an emergency martial law crisis, Korean companies are closely watching the future situation and preparing countermeasures against financial market instability.

Major Korean companies such as Samsung, SK, and LG convened an emergency meeting today to examine the impact of the emergency martial law crisis.

SK Group will hold a meeting of key executives presided over by Choi Chang-won, chairman of the SK Supex Pursuit Council, to check the situation after the emergency martial law incident and discuss the impact on the group's management activities in the future.

LG convened an emergency meeting for each affiliate to check financial market trends and discuss responses to overseas customer inquiries.

POSCO Holdings also plans to check financial market trends in related departments.

HD Hyundai called an emergency meeting of presidents to review possible economic conditions in the future and to establish a response strategy for each company.

HD Hyundai Chairman Kwon Oh-gap told the president of each company to be aware of the emergency management situation and asked them to pay close attention to prevent safety accidents at the production site.

At the same time, economic organizations are also closely watching the impact of the incident on the business community.

The Korea Chamber of Commerce and Industry held an executive meeting to discuss countermeasures, and the Korea International Trade Association also held an emergency management meeting to check the impact on the Korean economy and exports.

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