Golf and karaoke may help heal weak S.Korea economy

Newswire

By Judy Lee SEOUL, Feb 19 (Reuters) - A dinner table remark by South Korea's new finance minister, hinting at a need to relax rules on corporate expenses, has excited not only karaoke bar owners, but also economists hoping it heralds a boost for frail local demand. Lee Hun-jai, who spearheaded a sweeping overhaul of South Korea's economy after the 1997-1998 Asian financial crisis, criticised at his inauguration dinner last week the timing of rules aimed at clamping down on business ...

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