The Korea Herald

[EDITORIAL] Independent think tank

Aug 22, 2016

[ THE INVESTOR ] A private think tank aspiring to become Korea’s answer to the Brookings Institution of the United States has been launched. The Future Consensus Institute was founded by Cho Chang...
[EDITORIAL] Time for restructuring

Aug 19, 2016

[ THE INVESTOR ] The Korean business community is abuzz with talk of corporate restructuring, as a special law took effect last week to help companies suffering from an oversupply in their industri...
[EDITORIAL] Unprotected data

Aug 16, 2016

[ THE INVESTOR ] The Korea Communications Commission has imposed 180 million won ($163,000) in fines on Lotte Homeshopping for selling the personal information of its customers to other companies. ...
[EDITORIAL] Cash allowances

Aug 16, 2016

[ THE INVESTOR ] Disputes are escalating between the central government and the Seoul Metropolitan Government over the provision of cash allowances to job seekers. The row was ignited by the city ...
[EDITORIAL] Fiscal discipline

Aug 13, 2016

[ THE INVESTOR ] The government is pushing to enact a law aimed at preventing the national debt from rising too rapidly. The move is well advised, as fiscal principles need to be set in stone if th...
[EDITORIAL] Record high rating

Aug 12, 2016

[ THE INVESTOR ] Standard & Poor’s has raised Korea’s sovereign rating by one notch to AA from AA-. The upgrade is surely welcome news, but it should not lead to complacency. The rating S&P awarde...
[EDITORIAL] Unending corruption

Aug 10, 2016

[ THE INVESTOR ] Fresh allegations of accounting fraud have surfaced at Daewoo Shipbuilding & Marine Engineering , this time involving the troubled company’s incumbent management. Prosecutors ha...
[EDITORIAL] Electricity rates

Aug 10, 2016

[ THE INVESTOR ] As the scorching heat wave continues, complaints are growing about the current electricity pricing system in South Korea. Many grumble that they cannot keep their air conditioners ...
[EDITORIAL] Subsidy provision to Korean universities needs reform

Jul 20, 2016

[ THE INVESTOR ] Since 2013, the Ministry of Education has sought to weed out poorly managed universities as demand for higher education is forecast to drop due to the falling population of high sc...
[EDITORIAL] Stem cell research

Jul 14, 2016

[ THE INVESTOR ] In Korea, research on creating stem cell lines using cloned human embryos has been virtually suspended following the cloning scandal of Hwang Woo-suk, which erupted in 2005 causing...
[EDITORIAL] Korea needs to broaden tax base, reduce exemptions

Jul 14, 2016

[ THE INVESTOR ] The National Assembly’s Special Committee on Budget and Accounts has recently pointed out in a report the need to reduce the proportion of wage earners exempted from income tax. T...
[EDITORIAL] Misguided decision

Jul 8, 2016

[THE INVESTOR] The Fair Trade Commission has unexpectedly put the brakes on mobile giant SK Telecom’s plan to acquire CJ HelloVision, a leading cable TV operator. The decision was ill-advised as it d...
[EDITORIAL] Premium setting in health insurance needs reform

Jul 5, 2016

[THE INVESTOR] The main opposition The Minjoo Party of Korea has unveiled a plan to overhaul the health insurance system amid widespread discontent about the way insurance premiums are determined. T...
[EDITORIAL] Rocket development may need rescheduling

Jul 4, 2016

[THE INVESTOR] The government’s plan to develop Korea’s own space launch vehicle for lunar exploration by 2020 is likely to be delayed as the test launch of the rocket scheduled for December 2017 is ...
[William Pesek] Japan’s crisis adds to inflation pressure

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