KoreaTimes(202) - Editorial, Opinion, page 3

Entertainment
& Arts

Sports

World

SCMP
Asia

Video

Photos

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

Opinion

Editorial

Sat, August 13, 2022 | 12:48

Impact of US rate hikes

The U.S. interest rates have become higher than South Korea's since the U.S. Federal Reserve raised the federal funds rate by 75 basis points Wednesday for the second month straight to tame inflation. Now the rate stands at a target range of 2.25 percent to 2.5 percent, compared with Korea's 2.25 percent. The Fed's aggressive money tightening is putting more pressure on the B...

2022-07-31 17:00

Leap in arms exports

Last week, Korea's defense contractors signed deals with Poland to export fighter jets, battle tanks and self-propelled howitzers worth 20 trillion won ($15.3 billion). Korea also launched a new 8,200-ton Aegis destroyer, which can intercept North Korea's ballistic missiles at sea. The week before last, the nation's first domestically developed KF-21 fighter jet carried out i...

2022-07-31 14:58

Demographic crisis

Prompted by rapid aging and a low birthrate, the nation's total population decreased for the first time last year, according to the Statistics Korea. The agency unveiled the results of the 2021 census, Thursday, which showed that the total population stood at 51.74 million as of November, down 91,000 or 0.2 percent from the previous year. It marked the first decline in the to...

2022-07-29 17:23

Revealing true intention

Speaking ill of others behind their backs is not the right thing to do, particularly for those who value public trust the most. So political leaders need to learn what to say and what not to utter. If they don't, their days could be numbered. Yet it still seems difficult for them to maintain their dignity by using refined expressions.

2022-07-28 17:05

Fox guarding henhouse

Barely a year ago, Korea Land & Housing Corp. (LH) apologized to the public for speculative property purchases based on access to insider information by some of its employees and announced a sweeping reform plan. However, those apologies seem to have been mere words, as shown by the result of the top audit agency's recent inspection of the state-run housing developer.

2022-07-28 16:52

Gloomy growth outlook

The International Monetary Fund (IMF) lowered its global growth forecast to 3.2 percent this year from last year's 6.1 percent due to a “gloomy and uncertain” climate. In a report released on Tuesday, the organization also slashed Korea's growth outlook to 2.3 percent for this year, down from 2.5 percent it projected in April. This is lower than 2.6 percent estimated by Asia ...

2022-07-27 17:10

Unacceptable Fukushima release

Japan's Nuclear Regulation Authority has approved a plan to release into the ocean more than a million tons of treated water from the damaged Fukushima Daiichi Nuclear Power Plant. The approval came 15 months after the Japanese government decided to release the wastewater as a necessary step for the plant's ongoing decommissioning.

2022-07-27 17:00

Gender equality matters

President Yoon Suk-yeol's push to abolish the Ministry of Gender Equality and Family is out of touch with reality. He should expand the function of the ministry, instead of disbanding it. He needs to face up to the fact that South Korea is still considered a country that does not fully respect the value of gender equality.

2022-07-26 17:02

Land development irregularities

The Board of Audit and Inspection (BAI) said it has found irregularities in a land development project in Seongnam, Gyeonggi Province, in 2015 when Rep. Lee Jae-myung of the main opposition Democratic Party of Korea (DPK) was its mayor. The state audit agency discovered that the municipal government of Seongnam, south of Seoul, gave development profits worth 314.2 billion won...

2022-07-26 16:57

Don't try to control police

The Yoon Suk-yeol government is under growing criticism over its plan to launch a police bureau under the Ministry of the Interior and Safety. On Monday, Interior Minister Lee Sang-min vowed to sternly punish police officials who declared their opposition to the plan during a weekend meeting. “Their act is tantamount to a coup in defiance of order,” Lee told reporters.

2022-07-25 17:00

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.