The Korea Herald

[Editorial] A two-bladed sword

May 25, 2011

The National Pension Service is a big institutional investor in the domestic stock market. As of February this year, it had about 40.2 trillion won invested in local stocks, accounting for 3.8 percen...
[Editorial] Lessons for automakers

May 25, 2011

In auto production, it only takes a shortage of one small part to bring the whole assembly line to a screeching halt. This was well demonstrated by the week-long strike at Yoosung Enterprise Co., a m...
[Editorial] Prompt action

May 24, 2011

United States Forces Korea is acting promptly to establish facts following claims by American veterans that Agent Orange was buried at a U.S. Army camp in southern Korea. The U.S. command has issued ...
[Editorial] Tuition-cut race

May 24, 2011

The Blue House staff are red-faced after the new floor leader of the ruling Grand National Party suddenly came up with a half-tuition offer for college students, one of President Lee Myung-bak’s majo...
[Editorial] Four-way relations

May 23, 2011

Northeast Asia, namely China, Japan and the two Koreas, has been engaged in brisk top-level meetings since last weekend to address the increasingly complex issues involving the region. While North Ko...
[Editorial] Visit to Kunashiri

May 23, 2011

It does not seem a very wise move that a group of South Korean lawmakers would visit one of the Kuril islands, the subject of a long-standing territorial dispute between Russia and Japan, as part of ...
China should curb forcible demolitions

May 23, 2011

Forcible demolitions will not stop unless local government leaders are made to realize that they have to pay a price for exploiting land to earn revenue. The amended regulations on requisition and c...
[Editorial] Begging for China aid

May 22, 2011

North Korean leader Kim Jong-il is visiting China again, accompanied by his top economic officials. It is the reclusive and ailing leader’s third visit to China in a short span of one year, with the ...
[Editorial] Agent Orange probe

May 22, 2011

The government has launched an investigation into the allegations that U.S. Forces Korea buried tons of Agent Orange at Camp Carrol in Waegwan, about 30 km north of Daegu, in 1978. The Ministry of En...
[Editorial] Outside directors

May 20, 2011

Chung Jin-suk, senior presidential secretary for political affairs, denies he did anything illegal when he was an outside director for Samhwa Savings Bank, which has recently slid into insolvency. He...
[Editorial] Favors for draftees

May 20, 2011

As a recent survey indicates, almost eight in 10 Koreans support the Ministry of National Defense’s idea of giving favors in written employment tests to those who have completed active duty. Given th...
[Editorial] Conflict resolution

May 19, 2011

The nation has recently experienced severe conflicts between local governments over the location of state-promoted projects such as the science-business belt, an international airport in the southeas...
[Editorial] Improved prowess

May 19, 2011

It is encouraging that Korea’s national competitiveness ranking keeps rising. According to Switzerland-based IMD, Korea placed 22nd among the 59 countries surveyed in the World Competitiveness Yearbo...
[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...

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