my timesThe Korea Times
South Korea

Politics

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.

Migrant women's human rights group protests abolishment of gender equality ministry

In this photo from June 2019, members of the Women Migrants Human Rights Center of Korea and 12 other civic groups protest in front of the National Human Rights Commission of Korea's office in Seoul's Jung District against Iksan Mayor Chung Heon-yul for making racist comments referring to migrants. NewsisBy Ko Dong-hwanAn advocacy group for migrant women in Korea has joined the movement against President-elect Yoon Suk-yeol's bid to shut down the Ministry of Gender Equality and Family.The Women Migrants Human Rights Center of Korea released a statement on March 30, demanding that the incoming government repeal the plan. The group advocates for the rights of migrant women in the country, who are estimated to number almost 910,000 as of 2020 ― 45 percent of the country's residents of foreign nationality.The group said that the ministry has been like a control tower for multicultural family support centers across the country that are dedicated to supporting migrant women's human rights and livelihoods. Instead of shutting the ministry down, the Yoon administration must expand and streng

Mar 31, 2022By Ko Dong-hwan
Migrant women's human rights group protests abolishment of gender equality ministry

President-elect to ease regulations on real estate

President-elect Yoon Suk-yeol presides over the presidential transition committee's economic policy meeting at the committee's office in Tongui-dong, Jongno District, Seoul, Thursday. Joint Press Corps Incoming gov't eyes 'bad bank' to aid self-employedBy Nam Hyun-wooPresident-elect Yoon Suk-yeol told his transition team to undo the incumbent Moon Jae-in administration's toughened regulations on the real estate market, living up to his election pledge to look for a new way other than punishing owners of multiple homes to boost housing supply to the public.In recent years, the government has tightened mortgage loan requirements and imposed heavier taxes on owners of multiple homes in an attempt to contain soaring housing prices. But the government's failure to do that contributed the ruling bloc's defeat in the March 9 presidential election. “The new administration should lower barriers impeding people from possessing their own homes and it should spare no efforts to

Mar 31, 2022By Nam Hyun-woo
President-elect to ease regulations on real estate

President-elect breaks silence on DPK's allegations over Japanese textbooks

President-elect Yoon Suk-yeol's spokesperson Kim Eun-hye speaks during a press briefing at the presidential transition committee's office in Seoul, Thursday. YonhapBy Lee Hae-rin President-elect Yoon Suk-yeol responded to the ruling Democratic Party of Korea (DPK)'s criticism over his alleged silence on Japan's historical distortions.In a press release circulated to reporters on Thursday, Yoon's spokesperson Kim Eun-hye said that “Yoon will deal sternly with any distortion of history.” Kim said that the President-elect has expressed multiple times, since being a presidential candidate that he hopes for the improvement of Korea-Japan relations, but it must be based on correct historical recognition and reflection. Kim's remarks came as Yoon faced criticism from the main opposition Democratic Party of Korea (DPK) which urged the president-elect to clarify his stance on Japan's historical distortions. DPK floor leader Park Hong-geun said on Wednesday that Japan even approved some historical distortions right after Yoon met with the Japanese ambassador to Korea, demanding Yoo

Mar 31, 2022By Lee Hae-rin
President-elect breaks silence on DPK's allegations over Japanese textbooks

POSCO International acquires Senex Energy to boost eco-friendly biz

An Australian natural gas field operated by Senex energy / Courtesy of POSCO InternationalBy Kim Hyun-binPOSCO International has completed the acquisition of Senex Energy, which owns three natural gas fields in Australia, as part of efforts to expand its eco-friendly energy business abroad, the company said, Thursday. The trading unit of POSCO Group, which purchased a 50.1 percent stake in Australia's fifth largest oil and gas company for AU 442.4 million (400 billion won), expects the latest deal will bolster its corporate value and enable it to become a top-tier energy firm. The company also said it will help Korea better deal with the increasingly unstable global energy supply chain amid soaring prices of crude oil and other natural resources.“We are happy to announce that the acquisition process has come to an end as the Australian government approved the sale,” a POSCO International official said. “Since we signed the deal in December, global energy prices have soared. This has made it difficult for us to complete the acquisition over the past three months beca

Mar 31, 2022
POSCO International acquires Senex Energy to boost eco-friendly biz

Transition team strongly denounces appointment of Moon brother's friend as DSME CEO

Won Il-hee, transition committee deputy spokesperson / Yonhap President-elect Yoon Suk-yeol's transition team said Thursday it will ask the state auditor to look into the recent appointment of a friend of President Moon Jae-in's brother as CEO of a local shipbuilder under government control.Transition committee deputy spokesperson Won Il-hee made the remark after Park Doo-sun was named CEO of Daewoo Shipbuilding Marine Engineering (DSME) earlier this week, denouncing the appointment as "irrational" and "shameless.""Daewoo Shipbuilding Marine Engineering (DSME) pushed ahead with the unreasonable measure of electing new CEO Park Doo-sun who is known as a college alumnus of the younger brother of President Moon Jae-in," the spokesperson said."Even though it superficially went through the procedure of board approval by a private firm, it is an irrational and shameless move that raises reasonable suspicion that there is actually a separate person who made the appointment

Mar 31, 2022
Transition team strongly denounces appointment of Moon brother's friend as DSME CEO

Cheong Wa Dae voices regret over speculation on clothes of first lady

Park Soo-hyun, senior secretary for public communication, speaks during a brief regarding special activity expenses, March 31. Yonhap Cheong Wa Dae expressed regret Thursday over what it called "indiscriminate" speculation that first lady Kim Jung-sook might have used taxpayer money to buy her clothes during President Moon Jae-in's five-year term. Park Soo-hyun, senior secretary for public communication, made the remarks a day after the presidential office denied the speculation that Kim might have used off-the-record expenses for her clothes."We express regret over indiscriminate speculation raised by political circles over Cheong Wa Dae's special activity expenses and costs of first lady Kim Jung-sook's clothes and accessories," Park said.Kim's purchases of clothes, jewelry and accessories have recently drawn attention on social media. Rep. Chung Mi-kyung of the conservative People Power Party has demanded Cheong Wa Dae disclose how much she spent on such items. T

Mar 31, 2022
Cheong Wa Dae voices regret over speculation on clothes of first lady

Moon sells private home for 2.6 billion won

President Moon Jae-in / YonhapPresident Moon Jae-in has recently sold his private home in the southern rural city of Yangsan for 2.6 billion won ($2.1 million), 1.7 billion won higher than the price he bought it 13 years ago, government data showed Thursday. The gains were spent on the construction of a new home in Yangsan, South Gyeongsang Province, which Moon plans to move into after leaving office on May 9, according to Cheong Wa Dae. Moon bought the old home in 2009 for 900 million won and lived there before his 2017 election.Moon reported his wealth at 2.19 billion won as of the end of 2021, an increase of 114 million won from the previous year. Notably, Moon and his wife reported a debt increase of 1.49 billion won due to their need to finance the construction of the retirement residence. Cheong Wa Dae said the debt increase came after Moon and his wife temporarily borrowed money for the construction of the new residence and they repaid the money. (Yonhap)

Mar 31, 2022
Moon sells private home for 2.6 billion won

Yoon strongly considering ex-PM Han as first PM: sources

Former Prime Minister Han Duck-soo YonhapPresident-elect Yoon Suk-yeol is strongly considering nominating former Prime Minister Han Duck-soo as his first prime minister, sources said Thursday.Han, 72, has held a number of high positions in government, including finance minister, prime minister under former President Roh Moo-hyun, and ambassador to the United States. In those capacities, he played a key role in negotiating a free trade agreement with the U.S.Han is considered a trade specialist with expertise in foreign affairs, making him a suitable candidate to oversee Yoon's twin priorities of rebuilding the economy and bolstering national security."The prime minister has to be someone who can turn the two wheels of an economic 'team one' on the one hand and a security 'team one' on the other," said one source close to the president-elect."They have to have experience and expertise. Being enthusiastic isn't enough," the source said, adding that Yoon's standards for personnel appointments are high.The president-elect appears to be leaning toward someone with economic expertise and e

Mar 31, 2022
Yoon strongly considering ex-PM Han as first PM: sources

Over 8 in 10 senior public officials declare wealth increase last year

gettyimagesbankMore than eight in 10 ranking public officials mandated by an ethics law to annually disclose their personal wealth reported an asset increase last year, the government gazette showed Thursday.A total of 1,978 senior government and public officials had declared an average of 1.62 billion won ($1.34 million) in personal assets as of the end of last year, marking a rise of 166.3 million won from a year earlier, the gazette said.It found that 83 percent, or 1,641, of the officials reported an increase in assets, and the remaining 337 officials, or 17 percent, submitted a decreased wealth.Under an anti-corruption law, senior officials at government agencies, public institutions and national universities, as well as heads of local governments, councils and education offices are required to report the status of their assets to the Government Ethics Committee once a year.President Moon Jae-in reported his wealth at 2.19 billion won as of the end of 2021, an increase of 114 million won from the previous year, according to the gazette.In this regard, a Cheong Wa Dae official sa

Mar 31, 2022
Over 8 in 10 senior public officials declare wealth increase last year
  • Seoul mayor's 5.9 bil. won in personal wealth worth largest among metropolitan gov't heads

Seoul mayor's 5.9 bil. won in personal wealth worth largest among metropolitan gov't heads

Seoul Mayor Oh Se-hoon /Yonhap Seoul Mayor Oh Se-hoon reported personal assets worth 5.9 billion won (US$4.88 million) as of the end of last year, the largest among the 14 heads of metropolitan governments across the country, a government gazette showed Thursday.According to the Public Service Ethics Committee gazette on the financial statements of high-ranking officials, Oh's net wealth, including those of his direct family members, rose by 1.02 billion won compared to the previous amount reported in July of last year.Oh's office cited the reduction of debt incurred while running for the Seoul mayoral by-election race in April of last year as the main reason for the net wealth increase. "The 1.08-billion-won debt borrowed to run the race was repaid after election expenditures were later reimbursed," the office said. Combined building assets were worth 3.6 billion won, while bank savings reached 2.19 billion won. Stock holdings were reported to be worth 241 million

Mar 31, 2022
Seoul mayor's 5.9 bil. won in personal wealth worth largest among metropolitan gov't heads
  • Over 8 in 10 senior public officials declare wealth increase last year
previous page
593594595596597
next page

Most Read in South Korea