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Fri, September 22, 2023 | 21:35
Massive investment
Samsung Electronics unveiled a much-anticipated investment and employment plan Wednesday. The tech giant will spend 180 trillion won ($161 billion) and hire 40,000 workers over the next three years, helping to reinvigorate the sluggish economy and develop new growth engines for both Samsung and Korea Inc.
Setback dealt to telemedicine
Health and Welfare Minister Park Neung-hoo said last month that his ministry will expand telemedicine services for the disabled and those who have mobility difficulties.
Government-business meeting
Finance Minister Kim Dong-yeon has met with Samsung Electronics Vice Chairman Lee Jae-yong. Kim's visit to Samsung's chip-making plant in Pyeongtaek, south of Seoul, Monday, drew particular attention as it was the first one-on-one meeting between the government's top economic policymaker and the de facto chief of Korea's largest family-controlled conglomerate, or chaebol.
No code of silence can protect the killer of a child
The code of silence on Baltimore's streets has protected many who have done despicable deeds, but none more than those whose depravity results in the death of a child.
Banks or usurers?
Public criticism is mounting about Korean banks' “usurious” business practices, after the big-four financial groups and their banks joined the 1 trillion won ($890 million) in net profits club in the first half of the year. Rising interest rates have sharply pushed up the banks' interest income, and their non-banking affiliates, including insurance firms and credit card companies, also fared well.
More pets abandoned
Even before the summer holiday season begins, there has been an alarming increase in the number of pets being abandoned across the country. A statistics app on deserted pets shows that 3,336 dogs and cats are protected in shelters nationwide as of July 10. The number has doubled from the 1,669 as of June 23.
In-flight meal fiasco
Asiana Airlines' unprecedented “no in-flight meals” problem continued Wednesday for the fourth straight day. This is causing embarrassment not only to the company but also the public which denounced it for alleged unfair practices including the exploitation of subcontractors.
US-China trade war worries worsen as Trump seeks grand bargain
Worries are growing over a potential U.S.-China trade war. With Washington poised to impose tariffs on some $34 billion of Chinese goods, the Trump team is also considering soon placing new restrictions on Chinese ownership of U.S. “industrially significant technology” firms, and enhanced export controls on technologies shipped to China.
Rectifying ill-effects
The Moon Jae-in administration faces growing calls for additional measures to ensure the smooth implementation of the new, shorter workweek system.
Gun owners must lock up and unload at home
New research from the University of Washington shows gun owners in this state must do a much better job of securing their weapons at home.
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