The Korea Herald

[Editorial] Symbiotic ties

May 18, 2011

On Monday, the National Tax Service summoned senior officials and regional office heads to a conference at short notice. That was unusual. The usual practice is to hold such a conference annually, at...
[Editorial] SMEs as partners

May 18, 2011

In recent consultations with small and medium-sized businesses, President Lee Myung-bak said the chaebol owner-centered style of management needs to be changed. He stopped short of specifying details...
[Editorial] Military reform row

May 17, 2011

Forty-three former Navy and Air Force heads collectively turned down an invitation to a Defense Ministry briefing Tuesday on an extensive defense reform plan. They were particularly dissatisfied with...
[Editorial] Red arrow signal

May 17, 2011

It is fortunate that National Police Agency chief Cho Hyun-oh officially withdrew a controversial plan to change the traffic signal system by introducing red arrow for “no left turn.” “Global standa...
[Editorial] Civil disobedience?

May 16, 2011

Balanced regional development has been a key objective in national administration for decades. But each time the government makes a decision on the location of any major state project, competition am...
[Editorial] IMF chief’s case

May 16, 2011

An individual’s sexual misdeeds have never caused a greater shock and disappointment in living memory than the alleged sexual assault attributed to Dominique Strauss-Kahn, the French managing directo...
[Editorial] New floor leaders

May 15, 2011

Rep. Kim Jin-pyo, new floor leader of the main opposition Democratic Party, vows to drub the ruling party in the parliamentary elections scheduled for next April. But he has much work to do with his ...
[Editorial] Coup anniversary

May 15, 2011

On Monday 50 years ago, a group of Army officers, led by Maj. Gen. Park Chung-hee, toppled the government and took power in a coup. Park ruled the nation for the next 18 years ― first as the coup lea...
[Editorial] Misguided merger plan

May 13, 2011

The government appears to be promoting a merger between Woori Finance Holdings Co. and KDB Financial Group to create a “mega bank” with assets exceeding 500 trillion won ($458 billion), roughly half ...
[Editorial] KTX safety checks

May 13, 2011

Korea Railroad Corp. has finally addressed growing public concern about the safety of its accident-prone KTX bullet trains. KORAIL said Thursday it would reduce operations of its high-speed trains fo...
[Editorial] Losses on savings

May 12, 2011

The Monetary Policy Committee is holding its monthly meeting Friday to determine whether or not to keep the central bank’s benchmark rate intact. Among the things that must be taken into consideratio...
[Editorial] Party in turmoil

May 12, 2011

Rival factions in the ruling Grand National Party have papered over their disagreements on who should represent the party now ― the floor leader or the chairman of the emergency committee on reform. ...
[Editorial] Ineffectual CEOs

May 11, 2011

Incheon Transit Corporation has invested 85.3 billion won to build a monorail system linking the major sightseeing spots in Incheon. The project, touted as the nation’s first urban sightseeing light ...
[Editorial] Tax cut debate

May 11, 2011

The divisive debate on tax cuts has resurfaced in the ruling Grand National Party following the election on Friday of Rep. Hwang Woo-yea, a neutral four-term lawmaker, as the party’s new floor leader...
[Editorial] Parties in flux

May 10, 2011

The nation’s political parties are in a state of flux. Party leaderships are in serious disarray and analysts see the possibility of a major regrouping when parliamentary and presidential votes draw ...

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