KoreaTimes(202) - Editorial, Opinion, page 3

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Opinion

Editorial

Sat, May 15, 2021 | 05:47

Bumpy road ahead

It is difficult to expect North Korea to return to dialogue anytime soon as the country is ramping up its rhetoric against the United States. It is disappointing to see the North trying to heighten tension on the Korean Peninsula, instead of making good on its denuclearization commitment.

Park Yoon-bae2021-05-02 16:30

Plug antitrust loopholes

The Korea Fair Trade Commission (KFTC) designated Coupang, last Thursday, as a large business group with assets of 5 trillion won ($4.48 billion) or more. However, the antitrust watchdog did not name Kim Bom-suk, the founder and chairman of the e-commerce giant, as the group's head because he has U.S. citizenship. Accordingly, Kim, who has a 10.2-percent equity stake in his g...

2021-05-02 16:00

Anti-graft law legislation

The National Assembly passed a long-protracted bill Thursday night designed to prevent public officials from seeking personal gain using information pertinent to their job responsibilities. It also passed a revised bill that prohibits lawmakers from pursuing individual gains based on information they obtained through their parliamentary activities.

Shim Jae-yun2021-04-30 17:01

Diplomacy and deterrence

U.S. President Joe Biden has reaffirmed his position on how to deal with threats from North Korea and Iran. He has stressed the importance of diplomacy and deterrence to better respond to such threats by stepping up cooperation with America's allies.

Park Yoon-bae2021-04-29 16:40

Giving back to society

Heirs of the late Samsung Group Chairman Lee Kun-hee said Wednesday they would pay 12 trillion won ($10.7 billion) in inheritance tax on the deceased tycoon's assets estimated at 26 trillion won. They also promised to donate 1 trillion won for medical research and healthcare as well as 23,000 pieces from the late chairman's art collection. Although the tax payment is a legal ...

2021-04-29 16:30

Solid growth rebound

The Korean economy grew 1.8 percent in the first quarter of 2021 from a year earlier - 1.6 percent up from previous quarter - rebounding to its pre-COVID-19 level. According to the Bank of Korea (BOK), Tuesday, the nation's gross domestic product (GDP) rose to 470.8 trillion won ($423.2 billion) during the period, the highest since the fourth quarter of 2019 before the corona...

Shim Jae-yun2021-04-28 16:40

Embracing family diversity

The legal definition of family will be expanded to embrace diverse forms such as unmarried cohabiting couples through a revision of relevant laws. And parents will be allowed to give either of their surnames to children at the time of birth as the current system of prioritizing paternal roots is abolished.

Park Yoon-bae2021-04-28 16:30

Stern action against junta

Myanmar's military junta is under growing international pressure to end its bloody crackdown on pro-democracy protesters, and eventually restore democracy. It should abide by a five-point agreement reached by the leaders of the Association of Southeast Asian Nations (ASEAN) during their meeting in Jakarta, Indonesia, Saturday.

Park Yoon-bae2021-04-27 16:40

Raise self-test kit accuracy

The Ministry of Food and Drug Safety has approved two types of COVID-19 self-test kits on the condition that developers submit additional clinical trial results within three months. The regulatory nod will permit people to collect samples from their own noses and confirm whether they are infected or not. As the results come out in 10 to 30 minutes, the kits are quite rapid an...

2021-04-27 16:30

Shining achievement

Actress Youn Yuh-jung won the best supporting actress Oscar, Sunday, becoming the first Korean to snatch an Academy Award in the acting category. Youn was given the award for her role as the unconventional grandmother Soon-ja in “Minari.” We extend heartfelt congratulations to Youn as she has rewritten Korean movie history and become recognized as a global star.

Shim Jae-yun2021-04-26 16:40

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