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Opinion

Editorial

Mon, December 16, 2019 | 10:56

Stop further provocations

North Korea conducted what it called “another crucial test” at its Tongchang-ri missile testing site Friday. The test was the second one following a “very important test” out at the same site on Dec. 7. Pyongyang has not gone into details, but it is widely believed that the Kim Jong-un regime tested a rocket engine in a possible prelude to further provocations.

Park Yoon-bae2019-12-15 17:12

US-China trade deal

It is good news that the United States and China have reached a truce in their trade war to avoid its devastating effects on the world's two largest economies and other countries across the globe. Washington and Beijing announced a “phase one” agreement that will lower some U.S. tariffs in return for more Chinese purchases of American agricultural products and other goods.

Park Yoon-bae2019-12-15 17:10

U.S. Special Representative for North Korea Stephen Biegun will arrive in South Korea, Sunday, for a three-day visit, which may include meetings with North Korean officials at the inter-Korean border village of Panmunjeom.

Na Jeong-ju2019-12-13 17:26

Indemnity medical insurance

Indemnity medical insurance provided by private companies has emerged as a serious issue for government and industry officials. Underwriters are calling for premiums to be raised by more than 20 percent to make up for losses they've sustained over the past few years. Financial policymakers are negative because higher premiums will reduce the effects of President Moon Jae-in's...

Na Jeong-ju2019-12-13 17:24

Pollution in US bases

The United States has returned four vacant military bases to South Korea on condition that the two sides continue consultations on how to share the cost for decontamination work there. This is good news. The four bases - Camps Eagle and Long, both in Wonju; Camp Market in Bupyeong; and the Shea Range at Camp Hovey in Dongducheon - had remained closed for up to 10 years, posin...

Na Jeong-ju2019-12-12 17:33

Another setback to labor

The government has decided to give a one-year grace period to small- and medium-sized enterprises in implementing the 52-hour workweek. Under the relaxed rule, the Ministry of Labor and Employment will allow SMEs to adopt the system effectively from 2021, not from 2020 as initially planned, to help ease their financial burdens amid the prolonged economic slowdown.

Park Yoon-bae2019-12-12 17:31

For trilateral partnership

Leaders of South Korea, China and Japan will hold an annual summit in the southwestern Chinese city of Chengdu for two days from Dec. 23. Cheong Wa Dae said Tuesday that President Moon Jae-in will attend the summit to meet with Japanese Prime Minister Shinzo Abe and Chinese Premier Li Keqiang.

Park Yoon-bae2019-12-11 17:28

What Daewoo founder left

Daewoo Group founder Kim Woo-choong, who played a leading role in Korea's rags-to-riches “Miracle on the Han River,” died Monday at 82. Kim has received mixed reviews about his career, but there seems to be little doubt that he was a forward-looking entrepreneur who spearheaded Korea Inc.

Park Yoon-bae2019-12-11 17:26

Good luck to Rep. Shim

The main opposition Liberty Korea Party (LKP) has elected five-term lawmaker Shim Jae-chul, a former journalist, as its new floor leader. Kim Jae-won, a three-term lawmaker, was also elected as the party's new policy chief.

Na Jeong-ju2019-12-10 17:10

Trump cripples WTO

Twenty-four years after its birth as the global arbitrator of trade disputes, the World Trade Organization (WTO) is nearing collapse because of American sabotage. Worldwide commerce, which has already been thrown into chaos due to the U.S.-China trade war, will hardly be able to avoid the additional shock. Hit hardest will be countries like Korea that live on exports, as it w...

Park Yoon-bae2019-12-10 17:10

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