The Korea Herald

[Editorial] Tolerance wearing out

Aug 5, 2011

A labor dispute that must be settled by Hanjin Heavy Industries and Construction has now evolved into a major political conflict. It has become a rallying point for scattered opposition parties as we...
[Editorial] Wrong traditions

Aug 4, 2011

Even before the National Assembly’s confirmation hearing started for the appointment of the new prosecutor-general, some top-ranked prosecutors retired ― just to follow the tradition that has persist...
[Editorial] Illegal immigrants

Aug 4, 2011

Korea is heading to a multicultural society. The nation needs the influx of foreigners to maintain industries and homes. Migrant workers are active in growing areas of manufacturing and service busin...
[Editorial] Privatizing airport

Aug 3, 2011

Management, be it of an airport or a utility, is generally more efficient in the hands of private enterprises aiming at minimizing waste and maximizing profits. In this regard, it is better to privat...
[Editorial] Leave companies alone

Aug 3, 2011

Minister of Knowledge and Economy Choi Joong-kyung invited legitimate complaints from the business community again when he called on large corporations on Saturday to cut executive pay and use the sa...
[Editorial] A disturbing comedy

Aug 2, 2011

The three Japanese Diet members who were turned back from Gimpo Airport nine hours after arriving in Korea Monday morning may still feel their airport-to-airport trip was politically rewarding. But t...
[Editorial] Jeju naval project

Aug 2, 2011

As the Navy is about to resume the work to build a major naval base on the southern coast of Jeju Island near Seogwipo Port, tension rises between the authorities and residents. In the four years sin...
[Editorial] Espionage investigation

Aug 1, 2011

Reports of the ongoing investigation into an alleged espionage network for North Korea brings us to a dj vu of the 1960s or 70s when the authorities occasionally, or rather frequently, exposed subver...
[Editorial] ‘Hope Bus’ protests

Aug 1, 2011

The “Hope Bus” demonstrations near a shipyard of the Hanjin Heavy Industries and Construction in Busan last weekend ended without serious disturbances. But turmoil can resume any time as a coalition ...
[Editorial] Cyber attacks again

Jul 31, 2011

Korean businesses, financial institutions and government agencies have been frequently targets of hacking in the past. It is like an epidemic. The latest case involves SK Communications, which runs t...
[Editorial] No extra session?

Jul 31, 2011

August, a sultry month for holidaymaking, may not be amenable to engaging in heated political deals. But that is what lawmakers are required to do, with the National Assembly statutorily required to ...
[Editorial] Folly or posturing?

Jul 29, 2011

Savings banks’ depositors are protected by deposit insurance, not in full but in part, from losses caused by the inability of the non-banking institutions to pay their liabilities when they are due. ...
[Editorial] Prices and growth

Jul 29, 2011

Growth is slowing and prices remain stubbornly high, sending economic experts scratching their heads and trying to figure out if it is a sign of forthcoming stagflation. But the administration and th...
[Editorial] Rain bombardment

Jul 28, 2011

Record downpours continued to bombard the central part of the nation for three consecutive days on Thursday, raising the death toll to 48. The “rain bombs” triggered landslides in Seoul, Chuncheon an...
[Editorial] Investment banks

Jul 28, 2011

The Financial Supervisory Commission has renewed its attempt to create homegrown investment banks. On Wednesday the commission unveiled a draft bill that would allow brokerages with equity capital ex...

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