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Issues
Presidential Inauguration
  • Politics
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Sat, September 30, 2023 | 22:05
‘We Shall Open a Road to Advancement’
‘We Shall Open a Road to Advancement’
I have received your call and today, I stand here before you as the 17th-term President of the Republic of Korea.
Jong-eun2008-02-25 22:39
[Image of Inauguration] Presidential Inauguration
Image of InaugurationPresidential Inauguration
An official of the Ministry of National Defense fixes the position of President Lee Myung-bak’s portrait on the wall of the ministry’s conference room.
2008-02-25 22:27
Budget Reduction Planned to Restore Fiscal Soundness
The new government plans to cut state budget by 10 percent next year through the removal of wasteful spending in a bid to restore fiscal health.
2008-02-25 22:11
[Privatization] Privatization of State Firms to Gather Steam
PrivatizationPrivatization of State Firms to Gather Steam
The new government is seeking to raise the financial industry's global competitiveness by privatizing state-owned lenders and easing rules on investment in financial firms.
2008-02-25 22:08
PrivatizationIndependence of Central Bank Will Be Tested Under New Leader
The new government's growth-oriented policy is likely to affect the central bank's hawkish monetary stance, pushing it to adopt growth-spurring measures despite inflation risks.
2008-02-25 22:06
[Tax Cut] Tax Cuts Eyed to Fuel Economic Growth
Tax CutTax Cuts Eyed to Fuel Economic Growth
The Lee Myung-bak administration will likely choose tax cuts as a primary tool to achieve higher economic growth and strengthen the country's long-term potential.
2008-02-25 22:03
Bear Rampages Through Seoul Stock Markets
It's a bird, it's a plane, no, it's what all investors most fear ― a bear. Over the past two years, the stock market enjoyed a bullish run with investors reaping high gains either through direct or indirect investments.
2008-02-25 22:01
[Slim Government] Lee Seeks Small Government, Big Market
Slim GovernmentLee Seeks Small Government, Big Market
President Lee Myung-bak's economic policies are based on a ``small government, leaving it to the market.''
2008-02-25 21:57
[Slim Government] Slim Government, Big Market Are Global Trend
Slim GovernmentSlim Government, Big Market Are Global Trend
President Lee Myung-bak pledged to introduce a small government and big markets. According to the Samsung Economic Research Institute (SERI), successful economic reformers around the world chose small government, helping their countries make a leap forward.
2008-02-25 21:54
[Deregulation] Support for Small Firms to Get Big Boost
DeregulationSupport for Small Firms to Get Big Boost
The new government is expected to focus more on creating solid partnerships between large, and small- and medium-sized companies (SMEs) as President Lee Myung-bak's economic policymakers have generally agreed that strong relationships between the firms will be one of the keys to making the country ``business friendly.''
2008-02-25 21:51
 1 234
Top 10 Stories
1Guide to Chuseok celebrations across Korea Guide to Chuseok celebrations across Korea
2Chuseok exodus begins ahead of extended 6-day holiday Chuseok exodus begins ahead of extended 6-day holiday
3Korea sees record-low births in July Korea sees record-low births in July
4Hyundai E&C to build upmarket apartment complex in Seoul's Gwanak District Hyundai E&C to build upmarket apartment complex in Seoul's Gwanak District
5Political battle intensifies after court rejects Lee's arrest warrant Political battle intensifies after court rejects Lee's arrest warrant
6Korea on track to prove esports prowess at Asian Games Korea on track to prove esports prowess at Asian Games
7[INTERVIEW] Risk-averse culture is forcing daring creators to flee showbiz INTERVIEWRisk-averse culture is forcing daring creators to flee showbiz
8DMZ Open Int'l Music Festival to be held in Goyang in November DMZ Open Int'l Music Festival to be held in Goyang in November
9Lotte focuses on health care, mobility to spur growth Lotte focuses on health care, mobility to spur growth
10Two Koreas trade barbs over nuclear war Two Koreas trade barbs over nuclear war
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