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Thu, July 7, 2022 | 15:41
Major national tasks
The presidential transition committee on Tuesday announced 110 national tasks to be pursued by the incoming Yoon Suk-yeol incoming administration. The initiatives are designed to promote four values - national interests, pragmatism, fairness and common sense - with the motto of ensuring “another leap for the Republic of Korea: a nation of people living well together.”
2022-05-04 17:00
Long overdue probe
Police raided Seongnam City Hall on Monday over allegations that Lee Jae-myung, former presidential candidate of the ruling Democratic Party of Korea, received donations from companies via the city's football club, Seongnam FC, while serving as the city's mayor. Bundang Police Station sent investigators to search five divisions of the municipal government.
2022-05-04 16:47
Tyranny of majority
The outgoing Moon Jae-in administration and the ruling Democratic Party of Korea (DPK) have completed a legislation process to deprive the prosecution of its investigative powers, despite strong opposition from the main opposition People Power Party (PPP) as well as prosecutors, lawyers and professors. The ruling camp cannot deflect criticism for railroading related bills thr...
2022-05-03 17:04
Putting off retirement age
The idea of extending the retirement age has come under the spotlight again. On Monday, the presidential transition committee raised the need to put off retirement to cope with demographic changes resulting from rapid population aging and an extremely low birthrate.
2022-05-03 17:00
Slimmer presidential office
President-elect Yoon Suk-yeol unveiled the list of his senior aides Sunday, as part of his campaign pledge for a slimmer presidential office comprised of the offices of two chiefs of staff and five senior secretaries. This contrasts with the incumbent Moon Jae-in administration's “three offices and eight senior secretaries.” Most notable is the appointment of Kim Sung-han, a ...
2022-05-02 17:00
Do not abuse pardons
President Moon Jae-in is considering pardoning former President Lee Myung-bak, Samsung Electronics Vice Chairman Lee Jae-yong and former South Gyeongsang Province Governor Kim Kyung-soo, one of his close confidants, on the occasion of May 8 Buddha's Birthday, a day before his five-year term ends.
2022-05-02 16:57
Mend ties with Japan
South Koreans are paying keen attention to whether Seoul can improve soured relations with Tokyo after a new conservative president takes office May 10. Recent developments are raising cautious optimism about a diplomatic breakthrough between the two countries.
2022-05-01 17:10
Urgent pension reform
Ahn Cheol-soo, the head of the presidential transition team, announced a plan recently to establish a public pension reform committee to discuss the pension system as a whole and push for its structural reform. The team will stop at reaffirming the Yoon Suk-yeol administration's intention to push for pension reform, while a proposed committee will make decisions on the detail...
2022-05-01 16:55
Dumfounding embezzlement
It is dumbfounding that an employee of Woori Bank, one of the country's major commercial banks, was arrested for embezzling more than 61.4 billion won ($47 million). The case is all the more shocking in that it took place at the headquarters of the nation's fourth-largest lender despite the need for it to manage money securely. According to the bank and the police Thursday, t...
2022-04-29 16:43
Strengthen alliance
Incoming President Yoon Suk-yeol and U.S. President Joe Biden are scheduled to hold their first summit in Seoul on May 21 to discuss how to strengthen the alliance and deepen the partnership between the two countries. The summit will come only 11 days after Yoon is sworn in as president May 10. This will mark the earliest-ever meeting between the leaders of the allies followi...
2022-04-28 17:06
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