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Sat, December 9, 2023 | 07:34
Korea's bidding for KL-S'pore rail deal hits snag
SINGAPORE - South Korea’s bidding for the Malaysia-Singapore high-speed rail (HSR) deal hit a major snag as its consortium lost a couple of key participants amid the government’s lukewarm attitude toward the multi-billion-dollar project.
Education may handicap Korea in future
SINGAPORE - A poor education system is a major stumbling block to South Korea’s future as it is undermining its talent competitiveness, according to Paul Evans, professor emeritus at INSEAD, one of the world’s leading business schools. He called on South Korean President Moon Jae-in to speed up educational reform to globalize the country’s talented young people and ensure gender equality and leadership opportunities for women.
Should virtual coin trading be banned?
Financial markets hate uncertainty, and this uncertainty invites speculation.
Is won on course toward 3-digit level?
With the rapid appreciation of the Korean won, concerns are brewing that the local currency will rise in value up to the three-digit level against the U.S. dollar.
[INTERVIEW] Short track legend returns after 20 years
SINGAPORE - South Korean short track legend Chun Lee-kyung returns to the Olympics after 20 years. This time, she will set a new record not for South Korea but for Singapore and Southeast Asia. She will participate in the 2018 PyeongChang Winter Olympic Games as a coach of the one-woman Singapore national team.
[INTERVIEW] North Korea seeks sanctions relief with olive branch: ex-US negotiator
North Korean leader Kim Jong-un's peace overture to South Korea is a calibrated strategy aimed at securing relief from sanctions, according to a former chief U.S. negotiator with North Korea.He believes Kim's offer of dialogue and to participate in the 2018 PyeongChang Winter Olympic Games was guided by three intentions.“North Korea aims to start to lay the groundwork for its...
Fitch warns of Korea's aging population
SINGAPORE - Fitch Ratings has warned that South Korea's growth potential will see significant erosion in the coming decade unless it copes with issues caused by the aging population and low productivity.The global credit ratings agency is calling for Asia's fourth-largest economy to double up efforts to push for reform in both the labor and corporate sectors to tackle such challenges.
What's behind Kim Jong-un's peace overture?
Ahead of the proposed inter-Korean dialogue, the mood is upbeat. Many Koreans are pinning high hopes that the high-level talks will bring about rapprochement between two Koreas. However, the country is split into two camps as the opposition party and the conservatives are wary of North Korean leader Kim Jong-un's intention behind his rare, sudden talk offer in his New Year's ...
'Principled approach' needed in inter-Korean talks
South Korea should take a careful, measured approach to inter-Korean talks to avoid being pushed around by Pyongyang, and must not repeat a bad engagement practice, according to experts on North Korea.They stress that Seoul must not agree to any sanctions-breaking actions to help Pyongyang because Kim Jong-un's rare peace overture does not mean he is changing his strategy and goal of making his country a nuclear power.High-level inter-Korean talks on the North's participation in the PyeongChang Winter Olympic Games and restoring strained bilateral relations will take place at the shared bord...
'Sanctions on North Korea are biting'
North Korea's overture to South Korea for dialogue shows signs the reclusive regime has started to feel the pinch of sanctions, according to a former high-ranking U.S. diplomat.He stressed Pyongyang's shift toward dialogue is a positive development but any efforts for talks at a cost to South Korea-U.S. ties should be avoided.“Sanctions on North Korea are biting, that's obvio...