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

Thu, August 11, 2022 | 23:33

Public firms need overhaul

President Yoon Suk-yeol called for strong measures Tuesday to reform public companies and state-run agencies struggling with low profitability and bloated debt. In a Cabinet meeting, Yoon said, “Public-sector reform is a task that cannot be delayed any further,” noting that the combined debt of public institutions here soared to 583 trillion won ($452 billion) at the end of 2...

2022-06-22 16:55

Looming economic woes

The deteriorating economic and financial situation can be compared to an approaching perfect storm. People have already begun to bear the brunt of triple shocks - runaway inflation, higher interest rates, and the weakening local currency. Their pains are likely to become acuter as the economic outlook is getting bleaker amid concerns about a global recession.

Park Yoon-bae2022-06-21 17:00

Sustaining technological lead

“To survive, technology comes first, second and third,” Samsung Electronics Vice Chairman Lee Jae-yong said last Saturday, returning from his 12-day European tour. Stressing the importance of technology, Lee also said, “Our job is to bring talented people and create a flexible corporate culture.”

2022-06-21 16:55

Better communication

President Yoon Suk-yeol has been taking questions from reporters and answering them on his way to work 18 times since he took office May 10. Unprecedented in Korean politics, this move is in stark contrast to what his predecessor Moon Jae-in did. Moon held 11 press conferences during his five-year presidency.

Shim Jae-yun2022-06-20 17:00

BTS hiatus for future

K-pop superstar group BTS sent shock waves through fans and news media last week by announcing they will take a break from group activities to pursue solo projects, pleading exhaustion. But the seven-member boy band denied rumors of disbandment, saying the members will continue releasing their own solo albums.

2022-06-20 16:50

'Political revenge' claim

Prosecutors and police are stepping up their investigations into corruption and power abuse scandals involving the previous administration. Such investigations are necessary to get to the bottom of the scandals and bring to justice those responsible for law violations. They are also crucial to upholding the rule of law and defending democracy.

Park Yoon-bae2022-06-19 17:07

Declining competitiveness

Korea ranked 27th in global competitiveness this year among 63 countries surveyed by the International Institute for Management Development (IMD), a business school for executives in Lausanne, Switzerland, falling by four notches from 2021. The previous Moon Jae-in administration received praise when the U.N. Conference on Trade and Development (UNCTAD) classified Korea as a ...

2022-06-19 16:55

Truth should be unearthed

The bereaved family members of a fisheries official who was killed by the North Korean military in the Yellow Sea in 2020 called for a thorough investigation to reveal the truth behind the tragic death. “It is a criminal act and violation of human rights for the government to describe (the official) as defecting due to financial problems. The truth of the incident should be c...

Shim Jae-yun2022-06-17 17:00

Urgent structural reform

South Korea finds it ever more difficult to maintain financial and economic stability amid growing inflationary pressure and fears of a recession. The situation is getting worse as the U.S. Federal Reserve raised its benchmark interest rate by 0.75 percentage point Wednesday to fight runaway inflation.

Park Yoon-bae2022-06-16 17:10

Unilateral appointment

President Yoon Suk-yeol appointed Kim Chang-ki as the commissioner of the National Tax Service (NTS), skipping his required National Assembly confirmation hearing, Monday. It was Yoon's first appointment without going through a hearing procedure since the government expanded the confirmation hearing system to the tax chief and three other heads of powerful organizations in 20...

Park Yoon-bae2022-06-16 16:54

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.