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Thu, November 15, 2018 | 21:24

Opinion > Editorial >

Bleeding state utility

The Korea Electric Power Corp. (KEPCO) sustained an operating loss of 814.7 billion won ($720.9 million) in the first half of the year. The six-month deficit, which was 62.9 percent larger than the estimate by brokerages, might as well be called an “earnings shock.”

Editorial | 2018-08-16 16:20

Denuclearization holds key

President Moon Jae-in has reaffirmed his strong determination to push for inter-Korean economic cooperation in his speech marking the 73rd anniversary of Liberation Day. He sent a clear message of peace and co-prosperity, Wednesday, not only to the two Koreas but also to the world.

Editorial | 2018-08-15 16:58

Acquittal of rape charges

A Seoul district court's decision Tuesday to acquit former South Chungcheong Province Gov. An Hee-jung of rape charges has stirred up a fierce backlash from women leading the #MeToo campaign. The female activists are vowing to fight against Ah to the end to hold him culpable.

Editorial | 2018-08-15 16:10

Hope for breakthrough

The two Koreas have agreed to hold the third summit between Moon Jae-in and Kim Jong-un in Pyongyang next month. The agreement is raising expectations that the summitry will break a stalemate in negotiations between North Korea and the United States over how to denuclearize the North.

Editorial | 2018-08-14 16:59

Expectations of farmers

New Agriculture, Food and Rural Affairs Minister Lee Gae-ho began work last Friday, ending five months of an administrative vacuum. Farmers' expectations of Lee are high, as the new minister has executed agricultural policy over the past three decades at both central and provincial governments.

Editorial | 2018-08-14 16:20

Record tax revenue

It may be good news that the national tax revenue hit a record high of 157.2 trillion won ($138.6 billion) in the first half of the year. The total represents a 13.9 percent rise from 137.9 trillion won a year earlier.

Editorial | 2018-08-13 16:59

Policy shift required

Without removing complex and cumbersome regulations deterring the inflow of new technology, the economy will face a bleak future. One such regulation is a rule on banning nonfinancial institutions from owning more than a 4 percent stake in a bank's voting stock.

Editorial | 2018-08-13 16:20

Violation of sanctions

The Moon Jae-in government has laid bare the truth about allegations that North Korea exported coal to South Korea after transshipping it at Russian ports. Three domestic trading firms brought in 35,038 tons of North Korean coal and pig iron worth 6.6 billion won ($5.86 million) in seven shipments between April and October last year.

Editorial | 2018-08-12 16:40

The government is considering measures to ensure the sustainable operation of the National Pension Fund, which could run out of money faster than predicted.

Editorial | 2018-08-12 16:20

President's woes

President Moon Jae-in's approval rating has plummeted to a record low since he took office in May 2017, reflecting the people's mounting disappointment in his administration.

Editorial | 2018-08-10 16:56

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Choking on worsening air pollution