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Sat, November 27, 2021 | 14:30

Entertainment

Sports

World

SCMP
Asia

Video

Photos

Property owners cry foul over growing real estate tax burden

As the government sent out real estate tax bills a week ago, those who are subject to pay the tax expressed severe discontent over the sudden increase in their tax burden. While calling the Moon administration's tax scheme “punitive” in nature, some property owners are attempting to form a tax resistance movement. The comprehensive real estate tax is levied only upon those who own one home worth more than the market price of 1.6 billion won ($1.35 million) or those who own more than one home worth 600 million won. The scheme, which some have called “a tax on the rich,” was introduced in 2005 to discourage property speculation.

While experiencing 'han,' we need to reintegrate 'jeong' into our vocabulary

We adoptees are the embodiment of “han,” a term that could be described as an ...

Postcards Home from Korea

For many Americans, the holiday season has begun. Millions of people - despite...

Mixed messages on children's vaccines confuse parents

Mixed messages being sent by the government and medical experts on COVID-19 vaccination for children are creating confusion among parents,...

Daily cases stay below 4,000, critical cases hit record high

Entertainment gurus to invest in NFTs, metaverse

High-profile entertainment companies are expanding their businesses into the metaverse and non-fungible token (NFT) sectors by investing i...

Lee Kwang-soo, Seolhyun to lead murder mystery series, 'Murderer's shopping list'

Lee Kwang-soo and AOA's Seolhyun will star in tvN's new series, “The Murderer's Shopping List,” a humorous murder mystery about hunting fo...

Daily COVID-19 cases bounce back above 4,000; deaths hit record high

South Korea's new coronavirus cases rose above 4,000 with the numbers of deaths and critically ill patients hitting fresh record highs Saturday, deepening worries about the furth...

Late ex-President Chun's wife apologizes for 'pains and scars' inflicted during his presidency

The wife of late former President Chun Doo-hwan, widely criticized for the bloody crackdown on a 1980 pro-democracy uprising in the southwestern city of Gwangju, issued an apolog...

World races to contain new COVID threat, the omicron variant

Nearly two years into the COVID-19 pandemic, the world raced Friday to contain a new coronavirus variant potentially more dangerous than the one that has fueled relentless waves ...

US imposes travel ban from eight African countries over coronavirus variant

The Korea Times-APLN Essay Contest awards 6 students

The Korea Times and the Asia-Pacific Leadership Network (APLN) awarded the winners of their essay contest for young people on issues of nuclear non-proliferation and disarmament,...

[Korea Times-APLN Essay Contest 2021] Communicating peace - how reengagement with Cold War's first confidence building measure can pave way for denuclearized Asia-Pacific

[Korea Times-APLN Essay Contest 2021] AUKUS nuclear submarine deal: evident harms and future-proof solutions

[Korea Times-APLN Essay Contest 2021] Ethical dilemma of nuclear weapons: hegemony, security dilemma and continued stalemate

[Korea Times-APLN Essay Contest 2021] New framework for cooperative threat reduction with North Korea

Analysts split over future course of Samsung Electronics' stock price

Despite achieving a record-high quarterly revenue of 73.9 trillion won ($6.2 billion) and the second-highest quarterly operating profit of 15.8 trillion won in the third quarter,...

China's housing market slump, power crisis lead to first drop in carbon emissions since COVID-19 economic recovery

China's carbon dioxide emissions fell for the first time in the third quarter since the economy recovered from the COVID-19 pandemic mainly because of the housing market slump an...

Foreign-owned car brands fall further behind on lack of EV commitment

The Korean units of three foreign carmakers - GM, SsangYong Motor and Renault Samsung - are falling behind in the race to transition to electric vehicles (EV), after staggering i...

Lotteria's price hike draws customer complaints

Consumers are complaining about the recent price hike for Lotteria's hamburgers, after the country's top chicken restaurant franchise Kyochon Food & Beverage (F&B) raised its men...

South African scientists detect new virus variant amid spike

A new coronavirus variant has been detected in South Africa that scientists say is a concern because of its high number of mutations and rapid spread among young people in Gauten...

Eastar Jet to start fresh with stock retirement

Eastar Jet has cleared former shareholders as it takes steps according to its restructuring plan approved by a Seoul Court earlier this month. The Seoul Bankruptcy Court earlier ...

Police to retrain new officers amid criticism over incompetence

The National Police Agency will carry out special training for more than 10,000 first-year and second-year rookie officers across the country, amid growing public distrust toward...

Korea-Pacific SDG Forum to take place next month

The inaugural Korea-Pacific SDG Forum, a framework of discussing various issues ranging from trade, culture, tourism and human resource development between Korea and Pacific isla...

ICU beds reaching limit amid rapid increase in critical cases

The country is facing a serious shortage of intensive care unit (ICU) beds for COVID-19 patients, as the number of critical cases has increased rapidly, exceeding the government'...

Korea confirms 20 COVID-19 'reinfection' cases

Koo Ja-eun to take helm of LS Group in January

LS Group said Friday it appointed Koo Ja-eun, the chairman of LS Mtron who was the first in line for leadership succession, as its new chairman in a year-end reshuffle of the top...

Actor Yoo Teo's directorial debut film 'Log in Belgium' is love letter to cinema

When the COVID-19 pandemic began to spread around the world in early 2020, Yoo Teo was in Atwerp, Belgium, filming James Payen's soccer world drama-thriller series, “The Window.”

Lotte's reshuffle indicates less likelihood of Morgan Stanley's exit from Nolboo

Lotte Group's appointment of former Nolboo CEO Ahn Se-jin as the new leader of the group's hotel business in its latest reshuffle of top executives has unintentionally signaled t...

Nurses and other medical workers clash over Nursing Act

Controversy is deepening among different groups of medical staff over legislation of the Nursing Act, a law that stipulates the role and duties of licensed nurses. The Korean Nur...

[INTERVIEW] Metaverse-inspired German play 'Ultraworld' questions meaning of game-like life

“Can virtual reality replace the real world?” Many might think that this metaphysical question arose only with the introduction of new technologies in the 21st century, but actua...

Eugene Investment opens up 'metaverse' branch

In a move to strengthen communications with the so-called MZ generation, Eugene Investment & Securities has opened a virtual “metaverse” branch of its flagship “Champions Lounge”...

Moon's Cabinet feared to face vacuum as ministers eye local elections

With President Moon Jae-in's tenure ending in six months, his Cabinet is feared to face a vacuum, as its members are weighing up bids for local elections that will take place thr...

Video

'Hellbound' tops Netflix's most-viewed TV shows

Prosecution requests 2-year jail term ...

'Suneung' day: Most important test for...

Everything about being a black model i...

'I almost took my own life': Former K-...

Companies

Hyundai IONIQ 5 named 2022 German Car of the Year

Entertainment gurus to invest in NFTs, metaverse

Coupang Play to release first original series 'One Ordinary Day'

Foreign-owned car brands fall further behind on lack of EV commitment

Koo Ja-eun to take helm of LS Group in January

SK On considers pre-IPO for financing investments

Tech

Government to boost clean hydrogen production as No. 1 energy source by 2050

Hyundai Motor to test-operate Level 4 self-driving service in Seoul

Samsung set to compete against TSMC with new foundry in US

Samsung picks Taylor, Texas, as site of new $17 billion chip plant

Samsung to announce new chip plant site in US this week

Disney Plus subscribers complain about low-quality subtitles

Finance

Permission for Uzbek residents to trade cryptocurrencies benefits UzNEX

Property owners cry foul over growing real estate tax burden

Korea, Uzbekistan vow to speed up negotiations for trade deal

Analysts split over future course of Samsung Electronics' stock price

Lotte's reshuffle indicates less likelihood of Morgan Stanley's exit from Nolboo

Eugene Investment opens up 'metaverse' branch

Entertainment

History of epidemics in Korea explored at National Folk Museum

Lee Kwang-soo, Seolhyun to lead murder mystery series, 'Murderer's shopping list'

Actor Yoo Teo's directorial debut film 'Log in Belgium' is love letter to cinema

Korean fans head overseas to catch first BTS concert since the pandemic

[INTERVIEW] Metaverse-inspired German play 'Ultraworld' questions meaning of game-like life

[INTERVIEW] Decoding Secret Number, 1st K-pop girl group with an Indonesian member

Editorial

Declining tax competiveness

Amid growing tax resistance in the wake of the “comprehensive real estate tax ...

Additional rate hike

The Bank of Korea (BOK) raised its key policy rate by 0.25 percentage points t...

Columns

Meeting North Koreans outside the country in freedom

With North Korea's border closed due to COVID-19 concerns, could the world be missi...

Glasgow talks: results and challenges

The 26th session of the Conference of Parties (COP26), the annual United Nations Cl...

Thoughts of the Times

Thanksgiving and Lincoln's Legacy

Thanksgiving means actual, not contrived, inclusiveness. President Abraham Lincoln ...

Over half of South Koreans say inter-Korean summit at Beijing Olympi...

Seoul monitoring North Korea's nuclear, missile activities: unificat...

Satellite imagery indicates continued operation of North Korea's nuk...

End-of-war declaration, Beijing Olympics are separate issues: minist...

North Korea yet to reopen land border with China: unification minist...

North Korea calls for glorifying Kim's era as mass movement conferen...

Korea confirms 20 COVID-19 'reinfection' cases

Late ex-President Chun's wife apologizes for 'pains and scars' infli...

Daily COVID-19 cases bounce back above 4,000; deaths hit record high

Korea-Pacific SDG Forum to take place next month

Police to retrain new officers amid criticism over incompetence

Korea vows efforts to ensure timely supply of vaccines at virtual AS...

[ANALYSIS] Samsung facing mounting tasks after Lee's US trip

Entertainment gurus to invest in NFTs, metaverse

Coupang Play to release first original series 'One Ordinary Day'

Foreign-owned car brands fall further behind on lack of EV commitment

Government to boost clean hydrogen production as No. 1 energy source...

Koo Ja-eun to take helm of LS Group in January

4 tucked-away alleys in Seoul to enjoy

The Korea Times-APLN Essay Contest awards 6 students

[Korea Times-APLN Essay Contest 2021] Arms race on Korean Peninsula ...

[Korea Times-APLN Essay Contest 2021] New framework for cooperative ...

[Korea Times-APLN Essay Contest 2021] Communicating peace - how reen...

[Korea Times-APLN Essay Contest 2021] Data-driven disarmament: Consi...

Empress Myeongseong's funeral procession: Part 2

Postcards Home from Korea

While experiencing 'han,' we need to reintegrate 'jeong' into our vo...

Neon Bunny: A new Korean cosmos

Secrets of birth: Multiple layers of falsehoods in Korea's birth doc...

Empress Myeongseong's funeral procession: Part 1

Neighbor Lukashenko

Declining tax competiveness

Additional rate hike

New start for Samsung

Thanksgiving and Lincoln's Legacy

Lee Hang-woo, quiet Quaker and active peacemaker

New coach looking to pull Gangwon FC out of K League relegation zone...

Women's football coach calls for 'aggressive' games vs. New Zealand

Australia considers diplomatic boycott of Beijing Winter Olympics: r...

Where is Zhang Gaoli? Chinese politician accused by tennis star Peng...

Peng Shuai to Xinjiang - the issues dogging the Beijing Olympics

Bach's call with Peng exposes IOC's limits, analysts say

US lawmakers meet with Taiwan president in surprise visit

China's housing market slump, power crisis lead to first drop in car...

US imposes travel ban from eight African countries over coronavirus ...

World races to contain new COVID threat, the omicron variant

French fishermen to block ports, tunnel in spat with UK

EU wants to stop flights from southern Africa over variant

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