Kwon bullish on Korean growth

TS Kwon is in a good mood. Asked whether he feels the Korean economy has bottomed out, he replies: "Yes, definitely. The most striking news is that the Federation of Korean Industries, the Korean Chamber and the Statistics Office all came out with a business survey index that showed a sharp upturn in confidence among businessmen and consumers. About 80% think our economy will pick up this year. The retail sales figures showed an upturn from December."