The Korea Herald

[Editorial] Empty slogan

Apr 29, 2011

The government is renewing its efforts to advance the service industry. The Ministry of Strategy and Finance has disclosed a new action plan that called for, among other things, a basic law on the pr...
[Editorial] Reform of the FSS

Apr 29, 2011

The Financial Supervisory Service is in need of drastic reform. The recent series of problems at financial companies and corruption cases involving FSS officials have shown the regulator is not only ...
[Editorial] Enhancing looks

Apr 28, 2011

Veteran singer Yoon Bok-hee said in an interview last week that she was afraid of watching TV these days because she sees so many entertainers who have undergone cosmetic surgery. “With your skin ya...
[Editorial] Post-poll plans

Apr 28, 2011

The electorate in the Bundang B district said no to the status quo and, instead, endorsed a call for change when it elected Sohn Hak-kyu, leader of the main opposition Democratic Party, in the April ...
[Editorial] Pension fund voting

Apr 27, 2011

Few would question the “one-share, one-vote” rule as the basic principle behind corporate governance. Nothing would be wrong if the National Pension Service exercises its voting rights, mandated by t...
[Editorial] Trust betrayed

Apr 26, 2011

No sane person would deposit a large sum of money with a financial institution if he had no conviction that he would be able to withdraw the deposit at maturity. This depositor trust was betrayed whe...
[Editorial] At the polls

Apr 26, 2011

Balloting starts at 6:00 a.m. on Wednesday for the by-elections in three parliamentary districts, one gubernatorial district and several districts for municipal mayors. Though the electoral districts...
[Editorial] Smartphone suits

Apr 25, 2011

A week after Apple Inc. filed a patent lawsuit with a California court against Samsung Electronics, the latter came up with countersuits against Apple at courts in Korea, Japan and Germany. While the...
[Editorial] Rain tops Time 100

Apr 25, 2011

Singer and actor Rain was chosen as the most influential person in the world in a Time magazine poll for the third time since 2006. Rain, 28, with the Korean name Jung Ji-hoon, took the top spot in t...
[Editorial] Localization of parts

Apr 24, 2011

Domestic companies are stepping up efforts to localize some of the parts and materials they import from Japan as their suppliers in the neighboring country are in trouble due to the March 11 earthqua...
[Editorial] Card crisis deja vu

Apr 24, 2011

Korea suffered a severe credit card crisis in 2003 that not only disrupted the financial system but hit the real economy with a body blow. The crisis followed a massive credit card lending boom, whic...
[Editorial] Union demand

Apr 22, 2011

If a company is to prosper, one of the first things it must do is hire people with skills, knowledge, capacity and other qualifications that can be put to good use. It goes without saying that no res...
[Editorial] Reform in jeopardy

Apr 22, 2011

Cronyism in the legal profession is set to be weakened, if not removed, with the National Assembly scheduled to act on a bill to restrict the practice of law by judge- and prosecutor-turned lawyers t...
[Editorial] Checks on reactors

Apr 21, 2011

Concerns about the safety of the nuclear reactors in Korea are growing as problems arise in succession at the reactors of the Gori nuclear power plant near Busan. The Gori-1 reactor, the oldest in K...
[Editorial] Defusing debt bomb

Apr 21, 2011

The Korean economy is sitting on a ticking time bomb ― household debt that has topped 800 trillion won. To figure out the risks that this huge debt bomb poses to the national economy, one has only to...

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