KoreaTimes - Editorial

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Opinion

Editorial

Thu, June 1, 2023 | 10:50

Material, parts and equipment

The Ministry of Trade, Industry and Energy has announced the Yoon Suk-yeol administration's material, parts, and equipment industrial policy direction. The five-year plan calls for, among others, expanding the number of core strategic technologies in relevant industries from 100 to 150. The ministry changed its previous focus to reorganize the supply chain and respond to the ...

2022-10-23 16:43

Let probes go on

Political tensions are escalating as prosecutors gear up to investigate a “slush fund” allegedly spent on main opposition Democratic Party of Korea (DPK) Chairman Lee Jae-myung's presidential campaign. Prosecutors raided the DPK's headquarters Thursday to seize evidence of the illicit money, but to no avail due to fierce resistance from party members. The DPK threatened to qu...

2022-10-21 17:21

Specter of Asian crisis

The Japanese yen and the Chinese yuan have remained weak against the U.S. dollar, deepening concerns about capital outflows from Asia and raising the specter of a region-wide financial crisis. The falling value of the currencies of the two economic giants has also put downward pressure on other Asian currencies, including the Korean won, amid the dollar’s strength.

2022-10-20 17:13

Contradictions at shipyards

The government unveiled measures Wednesday to narrow the gap among shipbuilding workers and improve the dual structure of main contractors and subcontractors. The dual labor structure refers to the gap in wages and working conditions between workers at main contractors and subcontractors. It has been a chronic problem in the industry over the past three decades. In short, wor...

2022-10-20 17:12

Revealing the truth

Prosecutors sought arrest warrants Tuesday for former Defense Minister Suh Wook and former Coast Guard Commissioner General Kim Hong-hee over the previous administration's alleged mishandling of the killing of a South Korean fisheries official by North Korean soldiers in September 2020. Suh and Kim face diverse charges, such as abuse of power, dereliction of duty and fabricat...

2022-10-19 17:00

BTS' enlistment decision

Members of BTS, the world-renowned K-pop group, will fulfill their mandatory military service, starting with oldest member Jin. “Jin will cancel his request to delay enlistment in late October and follow the Military Manpower Administration's procedures for enlistment,” BIGHIT MUSIC, the boy band's record label, said Monday, adding that all other members will also finish thei...

2022-10-19 16:35

Dangers of monopolies

The breakdown of Kakao services has wreaked unprecedented havoc on Korean society and laid bare the problems with the online platform behemoth. It has disrupted payment, mobility and portal services as well as a messenger app that has some 43 million users. On Tuesday, Kakao Corp. said it normalized most of its operations and is offering services almost in full swing, except ...

2022-10-18 17:04

A baker's death

Last Saturday, an employee in her 20s died at a factory affiliated with SPC Group, known for the Paris Baguette bakery chain, after her upper body was caught in a sauce mixer. The victim, who majored in baking in high school, had worked hard, dreaming of opening her own bakery. Many people are grieving her death and are also outraged by the apparent lack of concern the compan...

2022-10-18 16:43

Stop partisan feuding

Lawmakers of the ruling and opposition parties have come under severe criticism for turning the National Assembly's audit and inspection of the government and related agencies into a venue for political wrangling. It is wrong for them to put narrow-minded partisanship before national interests in the face of looming economic woes and rising military threats from North Korea.

2022-10-17 17:15

Heavy reliance on foreign software

The proportion of foreign-made software has hit an all-time high in Korea's public sector, including government agencies and offices. According to the Ministry of the Interior and Safety, the localization ratio of public-sector software stood at 40.7 percent last year, the lowest since relevant statistics began to be compiled in 2017. The ratio rose to 44.69 percent in 2018 b...

2022-10-17 17:04

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