Submitted by Diane Farsetta on
South Korea's Ministry of Commerce, Industry and Energy is working with the new Corporate Love Council, "to eliminate the public's hostility toward corporations and bolster confidence in enterprises this year." Minister Lee Hee-beom explained, "Anti-corporate sentiment of Korean citizens has reached an alarming level." The Corporate Love Council "was launched by civic groups and business organizations." Its top initiatives are "economy education for youths and educators and the revision of economy textbooks," to "correct errors." Minister Lee also encouraged companies "to further strengthen ethics management and social responsibility activities to improve their public image."