South Korean president promises deregulation, reforms – Times of India

Seoul: South Korean President Yoon Suk-yol on Thursday pledged to remove old rules hindering new businesses, while calling for an immediate start to reform labor practices, the education system and pension programs.
In his second month in office, Yoon said in a program while launching his government economic policy The framework is that his government will lower the cost of living by helping the private sector reduce production costs.