my timesThe Korea Times
ksw

Kang Seung-woo

Korea Times Business Reporter

Kang Seung-woo is the Business Desk editor at The Korea Times. Prior to this position, he covered politics, national affairs, finance and sports.

Go to Email

Read more

Foreign Affairs

Virus shakes image of Western superiority

By Kang Seung-wooAs the world confronts the coronavirus crisis, Western countries have been showing signs of surprising weakness. Meanwhile, Asian countries, including Korea, Taiwan and China, have been praised for their responses to the fast-spreading virus.The United States and some European countries have been struggling to contain the virus. There have been reports of ugly incidents from hoarding daily necessities to racist attacks against Asians. Some analysts believe the global image of Western developed countries has been damaged since they have failed to live up to expectations of competence. The result could be a decline in Western influence around the world.“It is true that there are signs that the image [of the West] is changing,” said Park Won-gon, a professor of international politics at Handong Global University. “The U.S., the world's most powerful country, was not the same one which played a leading role in dealing with the Ebola virus, as shown by medical staff begging for protective gear. In addition, European countries, regarded as among the most

Apr 28, 2020By Kang Seung-woo
Virus shakes image of Western superiority
  • PHOTOS Closer to normal
North Korea

Ministers reaffirm no signs of Kim Jong-un's ill health

Unification Minister Kim Yeon-chul, right, and Foreign Minister Kang Kyung-wha participate in a session of the Foreign Affairs and Unification Committee at the National Assembly in Seoul, Tuesday. / YonhapBy Kang Seung-wooUnification Minister Kim Yeon-chul said, Tuesday, that there were no unusual signs regarding North Korean leader Kim Jong-un's health amid swirling rumors that he had fallen ill or even died after undergoing cardiovascular surgery.In addition, the minister said Kim's disappearance from the public eye is due to the COVID-19 pandemic, adding that the government has knowledge of his current state and whereabouts.Kim has been out of the public eye since April 11, when he presided over a political bureau meeting of the ruling Workers' Party. He skipped an annual visit to Kumsusan Palace of the Sun, April 15, marking the 108th anniversary of the birth of his grandfather, North Korea's founder Kim Il-sung, raising the speculation over his health.“The government's official position is that there is no unusual activity related to Kim's health in the North. We can say t

Apr 28, 2020By Kang Seung-woo
  • Kim Jong-un, a liability
Politics

Timing of Busan mayor's resignation brings political controversy

By Kang Seung-wooA political dispute is rising regarding the timing of former Busan Mayor Oh Keo-don's unexpected resignation Thursday following a sexual harassment accusation. Oh Keo-don / YonhapThe main opposition United Future Party (UFP) claimed that the ruling Democratic Party of Korea (DPK) intentionally got Oh ― a party member ― to postpone his departure until after the April 15 general election, to prevent the unsavory incident from negatively affecting its results.However, the DPK denied the allegation, saying it was unaware of the case until he made the announcement about the accusation and his resignation. On Thursday, Oh held an unscheduled press conference and announced he would step down from his post because he had made “unnecessary” physical contact with a female subordinate earlier this month. The 71-year-old was elected to the post on the ruling party's ticket in 2018.“I wonder why such a huge incident came to light after the general election was over,” Rep. Lee Un-ju of the UFP said on Facebook, Thursday, raising the suspicion that the DPK p

Apr 24, 2020By Kang Seung-woo
Timing of Busan mayor's resignation brings political controversy
  • Police begin probe into ex-Busan mayor
North Korea

Election win sets Moon to push harder for NK policy

President Moon Jae-in shakes hands with North Korean leader Kim Jong-un during their summit at the truce village of Panmunjeom, April 27, 2018. / Korea Times fileBy Kang Seung-wooFollowing the sweeping victory by the ruling party in the general election, the Moon Jae-in administration's North Korea policy is expected to gain momentum.The ruling Democratic Party of Korea (DPK) and its affiliate, Civil Together, won 60 percent of all seats in the 300-strong National Assembly. Given that the April 15 parliamentary elections served as a referendum on Moon's presidency, now in the third year of his five-year term, the win is likely to give more political space for his government to continue pursuing its policy agenda related to the North. Inter-Korean relations have remained at a standstill as diplomacy between the two countries has been deadlocked since the collapse of the Hanoi summit between U.S. President Donald Trump and North Korean leader Kim Jong-un in February 2019.“The resounding election triumph has cleared the way for the Moon administration to push harder for its Korean

Apr 24, 2020By Kang Seung-woo
Election win sets Moon to push harder for NK policy
  • Doubts raised over Moon's efforts on inter-Korean ties
Politics

Ruling party, gov't agree on relief package

By Kang Seung-wooThe ruling party and the government have reached an agreement to provide emergency disaster relief money to all citizens to help them deal with the impact of the coronavirus pandemic. Rep. Lee In-young, floor leader of the ruling Democratic Party of Korea, participates in a party meeting at the National Assembly in Seoul, Thursday. / YonhapHowever, it remains to be seen whether the relief package will be delivered without issue as the main opposition party does not fully support encouraging high-income earners to voluntarily return the payments.The initial government scheme was to offer households in the bottom 70 percent of earners a one-off financial aid payment of between 400,000 won ($328) and 1 million won depending on the number of people in each household. However, during the election campaign, the ruling Democratic Party of Korea (DPK) pledged to give the disaster allowance to every citizen in an effort to gain votes, which the finance ministry opposed due to the strain it would put on the nation's financial soundness. “Under the principles of emergency

Apr 23, 2020By Kang Seung-woo
Ruling party, gov't agree on relief package
North Korea

Defector-turned-lawmaker in hot water over NK remarks

By Kang Seung-wooA North Korean defector-turned-lawmaker-elect's unconfirmed remarks regarding North Korean leader Kim Jong-un's health are raising some eyebrows, including those of a fellow defector.Ji Seong-hoIn response to CNN, which broke the news on Monday that Kim was gravely ill, the government said he seemed to be dealing with state affairs as usual, adding there was no intelligence regarding rumors about his health. However, Ji Seong-ho, who won a National Assembly seat through the proportional representation system in last week's general election, recounted to local media that his former country's leader is in a critical condition after undergoing cardiovascular surgery. “It is true that Kim is seriously ill, so he may not come back to power,” Ji said, citing a source inside North Korea.Ji also said a succession battle is taking place in the North.“We need to wait and see whether the leader's sister Kim Yo-jong will step in or if his wife Ri Sol-ju will take over,” he added.Ji went further, saying the North Korean leader has a mistress and said that

Apr 23, 2020By Kang Seung-woo
Defector-turned-lawmaker in hot water over NK remarks
Politics

Military eases restrictions on off-post travel

A service member watches TV at Seoul Station, Feb. 21. / Korea Times fileBy Kang Seung-wooThe military plans to partially lift a travel ban for all service members later this week, the defense ministry said, Wednesday, amid signs of the coronavirus pandemic slowing.The military has banned all enlisted service personnel from leaving their bases and meeting visitors since Feb. 22 after the Navy reported its first COVID-19 infection on Jeju Island, Feb. 20.However, considering the improvement in the nation's coronavirus situation, enlisted service members at designated areas will be allowed to leave their bases starting Friday as long as they follow the government's broader social distancing guidance.“After a prolonged period of intensive restrictions for two months, recruits and junior officers have been complaining of extreme stress, and our assessment is that we have reached a threshold,” the ministry said in a statement.The military will allow its personnel to visit areas that have not reported any new infections for a week and review whether to additionally lift a ban o

Apr 22, 2020By Kang Seung-woo
Military eases restrictions on off-post travel
Defense

Trump urges Korea to pay more for USFK

U.S. President Donald Trump speaks during a coronavirus briefing at the White House, Monday. / AP-YonhapBy Kang Seung-wooU.S. President Donald Trump has made it clear that Korea should pay more of the costs for the upkeep of U.S. Forces Korea (USFK), raising speculation that defense cost-sharing talks between the allies may be protracted. “They've offered us a certain amount of money and I've rejected it,” Trump said during a coronavirus press briefing at the White House, Monday (local time).“I just said it's just, look, you know, we're doing a tremendous service. We have a wonderful feeling and a wonderful relationship with each other, but we have to be treated equitably and fairly.”It was the first official statement from the United States that confirmed media reports that the American president rebuffed what was probably Korea's best offer earlier this month. Late last month, the Korean government hinted that the sides were on the verge of signing the new Special Measure Agreement (SMA). The SMA determines Seoul's financial contribution to stationing 28,500

Apr 21, 2020By Kang Seung-woo
Trump urges Korea to pay more for USFK
Politics

Gov't, ruling party at odds over disaster aid

By Kang Seung-wooThe ruling party and the government remain apart on the scope of beneficiaries for the emergency disaster relief money to be provided for people suffering financial strain from the COVID-19 pandemic.Prime Minister Chung Sye-kyun urges swift passage of a government-proposed bill for an extra budget of 7.6 trillion won, during a speech at the National Assembly in Seoul, Monday. / Korea Times photo by Bae Woo-hanThe government is considering delivering up to 1 million won ($820) per household in accordance with the number of household members in the bottom 70 percent of income-earners. To this end, it proposed the second supplementary budget of 7.6 trillion won ($6.24 billion) last week. Along with 2.1 trillion won from local governments, a total of 9.7 trillion won will be used for 14.8 million households belonging to the income bracket. However, the ruling Democratic Party of Korea (DPK) is urging the finance ministry to give the money to all households ― a measure it offered as a pledge during the general election campaign. The party's plan requires an additional 4 t

Apr 20, 2020By Kang Seung-woo
Gov't, ruling party at odds over disaster aid
Politics

Ruling party seeks to give relief money to all

Finance Minister Hong Nam-ki speaks at a press conference on the extra budget at the Sejong Government Complex, Thursday. / YonhapBy Kang Seung-wooFollowing its win in Wednesday's general election, the ruling party is reigniting the drive to offer emergency disaster relief money to every household to ease economic strain from the coronavirus pandemic ― in the face of the government's opposition due to pressure on financial soundness. On Sunday, the Democratic Party of Korea (DPK) held a trilateral meeting with Cheong Wa Dae and the government in Seoul to seek an understanding on expanding the scope of recipients. DPK Chairman Rep. Lee Hae-chan and floor leader Rep. Lee In-young sat with Senior Presidential Secretary for Policy Kim Sang-jo and Finance Minister Hong Nam-ki. The initial government scheme was to deliver between 400,000 won ($328) and 1 million won in accordance with the number of household members in the bottom 70 percent of income-earners. But during the election campaign, the DPK pledged to give the disaster allowance to every citizen in an effort to gain votes. Last w

Apr 19, 2020By Kang Seung-woo
Ruling party seeks to give relief money to all
previous page
8990919293
next page

Top 5 stories

Korea Times
About Us
Introduction
History
Contact Us
Products & Services
Subscribe
E-paper
RSS Service
Content Sales
Site Map
Policy
Code of Ethics
Ombudsman
Privacy Policy
Youth Protection Policy
Terms of Service
Copyright Policy
Family Site
Hankookilbo
Dongwha Group
FacebookXYoutubeInstagram
CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.