The Korea Herald

[Editorial] Investment impetus

Jan 19, 2011

Korean companies’ facility investment surged in 2010 after sharply dropping for two years due to the global financial crisis. As overseas demand for their products soared, they rushed to invest in pl...
[Editorial] Looming crisis

Jan 18, 2011

An experts’ report on the future of the nation’s health insurance system offered an extremely grim outlook ― a 16 trillion won ($14 billion) annual deficit by 2020 even if salaried workers steadily i...
[Editorial] Desperate North

Jan 17, 2011

The downfall and flight of Tunisian President Ben Ali last week sent a warning to autocratic rulers in the Middle East and elsewhere. Kim Jong-il in faraway North Korea is a certain candidate for det...
[Editorial] End of hard lives

Jan 17, 2011

Two old women whom the international media had called “former comfort women for the Japanese imperial army” died last week, ending their long hard lives. The deaths of Kim Seon-yi at a hospital in Ul...
[Editorial] Who pays?

Jan 16, 2011

On Thursday, the main opposition Democratic Party convened a general meeting of its lawmakers to adopt free child care and halved college tuition fees as part of its platform. The party’s leadership ...
[Editorial] Back to the 1970s?

Jan 16, 2011

The Fair Trade Commission has launched an investigation to see whether domestic oil refiners are engaged in price-fixing or other unfair trade practices. The commission’s move follows President Lee M...
[Editorial] Immigration

Jan 14, 2011

Korea was designated an “aging society” in 2000, the year in which those aged 65 or older accounted for more than 7 percent of its total population for the first time. The demographic group, which gr...
[Editorial] Rate raise

Jan 14, 2011

Nothing is more appropriate than the “better late than never” idiom in evaluating the central bank’s latest rate increase. As the global financial crisis was setting in three years ago, the Bank of ...
[Editorial] Distorted energy prices

Jan 13, 2011

The unusually long and severe cold spell is driving up electricity consumption. According to the government, a surge in power demand for heating boosted peak power consumption to 71.84 million kilowa...
[Editorial] Health care reform

Jan 13, 2011

Encouraged by the electoral success of its free school meal program last year, the main opposition Democratic Party has recently unveiled a plan to offer free medical services for the entire populati...
[Editorial] Lame duck

Jan 12, 2011

Undoubtedly, one of the last things an incumbent president would like to hear of is his lapse, be it ongoing or imminent, into lame-duck status. Who would? Actually, President Lee Myung-bak was previ...
[Editorial] Rental crisis

Jan 12, 2011

The cost of renting a home is going through the roof. But top economic policymakers do not appear to be much concerned about the rise in rent. They are either ignoring what has developed into a crisi...
[Editorial] Police humiliated

Jan 11, 2011

Kang Hee-rak was the chief of the National Police until half a year ago. He is known for strong emphasis on clean service of the entire 150,000 members of the force. Kang now faces arrest in connecti...
[Editorial] To be chief auditor

Jan 10, 2011

The current controversy over the nomination of Chung Dong-kee as the next head of the Board of Audit and Inspection raised two serious questions. One concerns the still prevalent practice of senior j...
[Editorial] Don’t bend principle

Jan 10, 2011

North Korea is desperate in its call for dialogue with South Korea. But Seoul is hesitant on deciding what to do about Pyongyang’s sudden peace offensive that comes after one of the worst years of mi...

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