KoreaTimes(202) - Editorial, Opinion, page 7

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Opinion

Editorial

Fri, August 7, 2020 | 21:21

No more mis-sold funds

The Financial Dispute Settlements Committee has told banks and brokerages to fully return the principal of investments to customers of mis-sold funds run by Lime Asset Management.

2020-07-02 16:57

Failed real estate policy

Despite the government's 21st set of real estate measures unveiled June 17, apartment prices in Seoul and the surrounding metropolitan area are rising yet again. Upward momentum has been conspicuous in some regulated areas as well as such unregulated areas as Gimpo and Paju in Gyeonggi Province over the past week due largely to the so-called balloon effect caused by the June ...

2020-07-01 17:14

China stifling democracy

With a new national security law in effect as of the 23rd anniversary of Hong Kong's handover to China, we have to ask whether the semiautonomous city will remain the same as the world knows it.

Kim Ji-soo2020-07-01 17:14

Basic industries' competitiveness

The government has decided to activate special response teams in 11 basic industrial areas to boost the nation's competitiveness in the material, parts and equipment sectors. The move aims to sharpen companies' competitive edge by forming coordination groups in segmented areas and to let them take the lead in research and development. Such was the core content of the governme...

Park Yoon-bae2020-06-30 17:06

'Tyranny of majority'

The ruling Democratic Party of Korea (DPK) has come under attack for its winner-take-all mantra after it took all but one of the chairman's posts at the National Assembly's 18 standing committees. The monopoly of the posts is the direct result of a failure to strike a deal with the opposition United Future Party (UFP) over which party should chair the Legislation and Judiciar...

Park Yoon-bae2020-06-30 17:06

Narrow-minded Japan

Japan has reportedly opposed South Korea's joining an expanded G7 summit, citing Seoul's stance was not “in lockstep” with the existing members toward North Korea and China. With myriad contentious issues prevailing between Seoul and Tokyo, it's difficult to grasp how this latest step will in any way improve bilateral ties.

2020-06-29 18:00

Kindergarten food poisoning

A group of parents have sued the director of a kindergarten in Ansan, Gyeonggi Province, after their children became ill with food poisoning. As of Sunday evening, 114 out of 202 children and teachers at the kindergarten have been infected with enterohemorrhagic E. coli and 16 of them are being treated for the so-called “hamburger disease” that can cause severe kidney failure...

2020-06-29 17:59

To indict or not

The prosecution is in a dilemma over whether to bring criminal charges against Samsung Group heir Lee Jae-yong after an independent panel recommended against his indictment Friday. This has put the law enforcement agency under pressure to prove Lee's alleged involvement in a controversial merger of two Samsung affiliates and accounting fraud at Samsung Biologics.

Park Yoon-bae2020-06-28 17:01

Push for capital gains tax

The Ministry of Economy and Finance has unveiled a plan to collect capital gains taxes from stock investors starting in 2023. The plan is in line with the principle that where there is income, there is tax. So it is a step in the right direction.

Park Yoon-bae2020-06-28 17:00

Shocking tech theft

It is shocking that the alleged theft of confidential materials by researchers at a state-run arms development agency has turned out to be true. The interim results of an internal audit by the Defense Acquisition Program Administration (DAPA) revealed that unbelievable things have been happening at the Agency for Defense Development (ADD). For instance, two former chief resea...

2020-06-26 17:47

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