| President Lee Calls on Government to Curb Inflation & Improve Public Welfare |
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| Korean President Lee Myung-bak called on his government to curb inflation and improve the livelihoods of the people¡¦ following an early morning visit to a wholesale agro-fisheries market in Guri¡¦ east of Seoul¡¦ to inspect prices.
At a weekly economic policy meeting President Lee expressed concern over the skyrocketing prices of agricultural and fishery products due to the poor harvest this year especially with Chuseok or Korean Thanksgiving in just three weeks.
The demand for goods is usually high prior to this holiday period.
Lee emphasised that further damage to agricultural products may have been inflicted by Typhoon Kompasu and called on related ministries to make thorough preparations and study prices from the customers' perspective.
He also reminded the government to actively inform the public of optimum purchasing times and locations of goods to relieve anxiety over price hikes by relating that costs will likely stabilize by the beginning of October.
Additionally¡¦ Presid... |
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Updated : August 27, 2010  |
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South Korea on Sunday unveiled the newly restored Gwanghwamun, a royal palace gate that has been kept hidden from view during the four-year restoration period. The gate w...
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