Acting President to work closely with National Assembly to pass "Value-up Bill"

Also on this Friday acting President Choi Sang-mok vowed to push for parliamentary support of the so-called "value-up" bill.

Speaking at a macroeconomic meeting Choi added he would call on the National Assembly to pass the bill during this month's special session.

The bill offers greater tax incentives to boost corporate participation in the government's Corporate Value-Up Program an initiative that seeks to address the undervaluation of South Korean companies on global markets.