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Opinion

Editorial

Thu, July 7, 2022 | 15:47

Dysfunctional National Assembly

The first half of the 21st session of the National Assembly ended May 29. But the Assembly for the latter half of the four-year term is still dysfunctional as the ruling and opposition parties are at loggerheads over which party will take over the chairmanship of the Legislation and Judiciary Committee.

2022-06-06 17:00

No further provocations

North Korea has continued to escalate tensions on the Korean Peninsula by conducting another missile test. On Sunday, the North fired eight short-range ballistic missiles (SRBMs) toward the East Sea. The launch was the North's 18th military provocation this year and the third since President Yoon Suk-yeol took office May 10.

Park Yoon-bae2022-06-05 17:06

Soaring medical costs

Since the previous government implemented a policy to expand the National Health Insurance Service's (NHIS) coverage three years ago, the medical costs of magnetic resonance imaging (MRI) and ultrasonography have increased nearly tenfold. According to NHIS data, the total costs of MRI and ultrasound soared a whopping 9.7 times, from 189.1 billion won ($151.6 million) in 2018 ...

2022-06-05 16:55

Opposition party in tatters

The main opposition Democratic Party of Korea (DPK) is faced with strong turbulence following its devastating defeat in the June 1 local elections. Rep. Yoon Ho-jung and Park Ji-jyun, co-heads, and six other members of the party's emergency committee resigned en masse, Thursday, taking responsibility for the humiliating defeat in the elections.

Shim Jae-yun2022-06-03 17:00

Time to move forward

The conservative ruling People Power Party (PPP) snatched a landslide victory in the local elections Wednesday, giving a political boost to the new Yoon Suk-yeol administration. It won 12 out of 17 races for metropolitan mayors and provincial governors, including Seoul and Busan. It also grabbed five National Assembly seats in parliamentary by-elections in seven constituencie...

Park Yoon-bae2022-06-02 17:10

'Let's not hate others'

K-pop group BTS met with U.S. President Joe Biden at the White House on Tuesday, conveying a message against anti-Asian hate crimes and racial discrimination while vowing to help eliminate them. This was the final day of Asian American and Pacific Islander Heritage Month. We hope that the whole world beyond America will listen to these voices.

2022-06-02 16:49

Nurturing semiconductor workforce

The Yoon Suk-yeol administration is ramping up efforts to maintain the nation's competitive edge in the semiconductor industry, setting its sights particularly on nurturing semiconductor workers.

Shim Jae-yun2022-06-01 17:00

Tech giant's greed

Global tech giant Google has taken flak for adopting its “in-app billing” policy, designed to force app operators to use its own payment system, so they have to pay up to 30 percent of their entire sales in commissions. Google said it would remove apps from its Play Store unless they comply with the policy.

Shim Jae-yun2022-06-01 17:00

Looming stagflation

Key economic indicators show the Korean economy is losing steam and may face stagflation, a combination of an economic stagnation and higher inflation. The country's industrial output, consumption and investment all shrank for the first time in over two years in April, according to Statistics Korea.

Park Yoon-bae2022-05-31 17:10

Massive employment plans

Korea's five largest family-run conglomerates, or chaebol, have unveiled massive employment plans. According to their announcements, the big business groups will likely create more than 300,000 jobs in the next three to five years. Earlier, they also announced huge investment plans worth nearly 1,000 trillion won ($807.4 billion).

2022-05-31 16:57

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