KoreaTimes(202) - Editorial, Opinion, page 9

Entertainment
& Arts

Sports

World

SCMP
Asia

Video

Photos

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Opinion

Editorial

Sun, July 3, 2022 | 18:25

Discourteous and undiplomatic

Chinese Vice President Wang Qishan has come under criticism for his seemingly inappropriate statement during his meeting with President Yoon Suk-yeol on Tuesday. Wang, who came here to attend Yoon's inauguration ceremony as Chinese President Xi Jinping's special envoy, offered a five-point proposal designed to promote bilateral relations further. Most notably, he cited the ne...

2022-05-12 17:00

Soaring mortgage rates

The aftermath of the U.S. Federal Reserve's “big-step” rate hike of 50 basis points last week has begun to affect the interest rates of household loans in Korea. If the Fed increases its benchmark interest rate two or three more times, as forewarned, the Bank of Korea (BOK) will have no choice but to raise its policy rate to prevent fund outflows. If that happens, the mortgag...

2022-05-12 16:38

Move toward bipartisanship

The majority Democratic Party of Korea (DPK) has turned into an opposition party since President Yoon Suk-yeol took office Tuesday. Still, the DPK remains formidable at the 300-member National Assembly as it holds 168 seats. This poses a grave challenge for Yoon who is already beleaguered by difficulties arising from an unprecedented low approval rating of below 50 percent co...

2022-05-11 17:00

Money-losing public institutions

Nearly half of Korea's public institutions lost money last year, hit hard by soaring oil prices and the coronavirus pandemic. According to Alio, a website that publicizes management information about the public sector, 170 public companies and agencies, or 47 percent of 362 surveyed, suffered operating losses in 2021.

2022-05-11 16:57

Rebuilding our nation

President Yoon Suk-yeol has promised to rebuild South Korea into a country that fulfills its responsibility as a trusted member of the international community and truly belongs to the people. During his inauguration ceremony in front of the National Assembly on Tuesday, the new president stressed the importance of universal values such as freedom, human rights, fairness and s...

2022-05-10 17:07

Election pledges' cost

Laws enacted last year alone are likely to increase the government's spending by about 38 trillion won ($29.7 billion) while reducing its revenue by nearly as much for five years. More specifically, the implementation of 153 laws involving financial expenditures that were ratified by parliament in 2021 will result in 38.32 trillion won in additional budget spending between 20...

2022-05-10 16:38

Learn from failures

President Moon Jae-in spent his last day at Cheong Wa Dae on Monday, serving out his single five-year term. His retirement meant an end to five years of liberal rule and the start of conservatives' return to power.

2022-05-09 17:07

Taiwan overtaking Korea

Taiwan is flying high again, buoyed by its strong performance in the semiconductor industry. It is certain to overtake South Korea in terms of per capita GDP this year for the first time in 19 years. Last week, Taiwan President Tsai Ing-wen told a meeting of her Democratic Progressive Party that her country's GDP per capita will exceed $36,000 this year. Korea's per capita GD...

2022-05-09 17:00

Wrong candidacy

Lee Jae-myung, former presidential candidate of the ruling Democratic Party of Korea (DPK), has touched off controversy with his bid to run in the June 1 parliamentary by-election. Saturday, he declared his candidacy for a National Assembly seat representing Gyeyang-B district in Incheon, west of Seoul. His move came a day after the DPK selected him as the candidate.

2022-05-08 16:32

Era of chip alliance

The U.S. and Japan have agreed to jointly develop 2-nanometer semiconductors. The 2-nm chips are so advanced that even the world's memory chip frontrunners, such as Samsung Electronics and TSMC, do not have the technology to mass produce them. Japanese media outlets reported that “the U.S.-Japanese alliance aims to develop cutting-edge semiconductors ahead of their Korean and...

2022-05-08 16:30

1 2 3 4 5 6 7 8 9 10

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.