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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Opinion

Columnists

. Kim Sang-woo

Open trade crucial for alliance

Vladimir Putin's invasion of Ukraine united democratic countries in opposition. And predictions that the solidarity would not last have been proven wrong. But at the end of 2022, U.S. economic policy divided the United States and its allies. Despite the hopes of most U.S. trading partners, President Joe Biden kept many of Donald Trump's tariffs in place.

2023-01-15 16:50

. Daniel Shin

Future of religion in metaverse

Tech companies are investing in the metaverse and recognizing the importance of religious communities. Some have already been regularly meeting in the metaverse and conducting religious rituals like baptism. The metaverse will play a key role in religious communities soon. Many questions remain, though, as to whether that relationship will be beneficial for the religious comm...

2023-01-15 16:40

. Andrew Hammond

Why 2023 will shape decade ahead

The year 2022 was a big political 12 months, including November's U.S. mid-term congressional ballots. Yet 2023 will be a huge election year too, and markets are already looking ahead to a wide range of eye-catching ballots in middle-power countries right across the world from Turkey to Thailand, and Poland to Pakistan.

2023-01-12 16:57

. John J. Metzler

Koreas to remain on alert in 2023

It's that time of year to gaze into the crystal snow globe and try to see the stories on the horizon which will affect the New Year. Our world remains an increasingly tumultuous place and the tragedy of expanding conflicts is only surpassed by the waves of refugees fleeing those troubles.

2023-01-12 16:45

Troy Stangarone

Prospects for fixing the Inflation Reduction Act

Since its passage in August, the Inflation Reduction Act (IRA) has been a significant source of tension between the United States and Korea. While designed to reduce U.S. emissions of greenhouse gases by nearly 40 percent by 2030, the tools the Act uses to promote the domestic sale of electric vehicles (EVs) to achieve those objectives have caused concern in Korea and among o...

2023-01-11 16:50

Cho Hee-kyoung

Down the rabbit hole

Did the New Year feel a little flat this year or was it just me? Sending off 2022 with a sigh of relief. Good riddance, one might say. It was not a happy year, descending to the nadir with a senseless tragedy in its final months. But the changing of the calendar year has not ushered in a new beginning, it feels.

2023-01-11 16:40

. Park Chong-hoon

Expect timely fiscal expansion

“Don't tell me what you value. Show me your budget - and I'll tell you what you value.” -Joe Biden The government budget represents the political philosophy of the current government. The annual budget decisions can often be driven more by political than economic considerations, with more emphasis on the distribution of funds than on supporting growth.

2023-01-10 16:50

. John Burton

Unfortunately, there is not much to celebrate in the New Year at least as far as Korea's economy is concerned. Most economists predict tough times ahead.

2023-01-09 16:50

. Jason Lim

Nepo babies into 'Neo' babies

Nepo is short for nepotism, which the Oxford English Dictionary defines as, “the practice among those with power or influence of favoring relatives, friends or associates, especially by giving them jobs.” Nepo babies, therefore, are the children of the rich, famous and powerful who are given exposure, opportunities and oftentimes jobs, which form the platform upon which their...

2023-01-08 16:50

Kim Sung-woo

Most popular search terms in 2022 and implications for companies

What was the most popular search term in 2022? Perhaps many would think “Extraordinary Attorney Woo,” the Netflix top-chart Korean drama, or “Qatar World Cup.” Surprisingly, the answer was “climate change.” Announcing that the No. 1 search term of the year was “climate change,” Google Korea noted last December that environmental issues have been garnering increasingly more at...

2023-01-08 16:40

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Top 10 Stories

1	Korean firms balk at donating to fund compensating victims of Japan's forced labor

2	Main opposition leader indicted, faces calls to resign

3	World water day

4	Sexual assaults by Korean diplomats continue despite zero-tolerance policy

5	Outback Steakhouse sees sales soar as it opens stores in large shopping malls

6	Consumers choose to travel abroad over purchasing luxury goods

7	INTERVIEWRetired FSC chief finds inspiration exploring Koreans' ancestral roots

8	Autistic golfer appointed as ambassador of veterans ministry-affiliated country club

9	Korean pension fund hit by overseas banking crisis

10	Investment banks compete for HMM sale advisory roles

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