S. Korea considers stationing Chinese police on Jeju

The Korea Herald > Opinion > Editorial

[Editorial] Unbearable pain

The US is putting pressure on North Korea on several fronts, including military deterrence. Such efforts should be expedited and encourage other members of the international community to follow suit. Real deterrence against the North -- which even threatens a nuclear strike on the continen...

Updated : 2016.09.29 16:57

[Editorial] Transportation setback

The joint strike by railroad and subway workers across the nation is raising concerns about disruptions to logistics and transport. In protest against the government-led performance-based pay system, unionized workers of the railway and subway sectors launched a simultaneous walkout earlie...

Updated : 2016.09.28 16:19

[Editorial] Politics in disarray

The parliament’s passage last week of no-confidence vote against the agriculture minister leaves several things to ponder. First, the opposition-led vote against Kim Jae-soo was the first event at the 20th National Assembly in June that made everyone -- from the president, ruling and oppo...

Updated : 2016.09.27 16:32

[Editorial] Third-tier lending

Aside from lending from the first-tier banks and secondary financial firms, the loan issuance balance from private moneylenders is rapidly increasing. This indicates that South Korea has become a “debtor republic.”According to the Financial Services Commission, the outstanding loans issu...

Updated : 2016.09.26 17:37

[Editorial] All too familiar

The scandal involving President Park Geun-hye and two recently established nonprofit foundations follows the same pattern as similar past cases: Media critical of the president raise allegations, opposition members play up and reproduce them and the issue becomes a hot political dispute --...

Updated : 2016.09.25 16:27

[Editorial] Starting line

The local financial market is about to see a big bang in commercial banking thanks to the emergence of fintech, which refers to the convergence of finance and technology.Like major developed countries, information technology-based financial services are still unfamiliar to most Korean cons...

Updated : 2016.09.23 16:27

[Editorial] Too vulnerable

Until recently, natural disasters usually meant floods, typhoons and droughts for modern-day Koreans. For many, the thought of encountering a devastating earthquake never occurred to them. This public sentiment -- that Korea is safe from catastrophic underground tremors -- has changed a lo...

Updated : 2016.09.22 16:21

[Editorial] China’s double face

The case of Liaoning Hongxiang Group, a Chinese conglomerate suspected of engaging in banned business activities with North Korea, is yet another piece of evidence that China is allowing loopholes to develop in the UN-led sanctions against the North’s nuclear and missile provocations. Acc...

Updated : 2016.09.22 16:20

[Editorial] Ailing competitiveness

A council on the international finance sector development kicked off with its first meeting convened this week, including panels composed of government officials, professors and economists. It aims to increase the nation’s ability to cope with rapidly changing global indices.Its establish...

Updated : 2016.09.21 16:40

[Editorial] Strike season

Concerns are mounting as workers in the financial industry are poised to stage an all-out protest. Employees from some other public sectors including railways, subway lines and hospitals will follow suit in the form of a general strike against the government’s scheduled introduction of pe...

Updated : 2016.09.21 16:39

[Editorial] Construction-led growth

With exports on a downward spiral, Korea’s economic growth is increasingly being led by the construction industry. Policymakers need to take action to correct this abnormal growth pattern.A report released by the Korea Institute for Industrial Economics and Trade showed that the construct...

Updated : 2016.09.20 16:27

[Editorial] Fight against cancer

The Ministry of Health and Welfare has recently finalized the third five-year National Cancer Management Plan, which is aimed at improving the quality of life of cancer patients and expanding the government’s role in fighting cancer. The survival rate of cancer patients in Korea has dram...

Updated : 2016.09.20 16:26

[Editorial] No more words

On the surface, China seems to be fulfilling its obligations as a member of the international community and a key player in dealing with North Korea’s latest nuclear and missile provocations. The Beijing government departed from its usual tepid attitude by joining the international commun...

Updated : 2016.09.19 16:29

[Editorial] Lost mandate

South Gyeongsang Gov. Hong Joon-pyo is well known for his self-righteousness and freewheeling style. He often draws public attention for his irreverent behavior and controversial remarks. So it hardly comes as a surprise that he refuses to resign as governor despite a court ruling earlier ...

Updated : 2016.09.19 16:27

[Editorial] To be productive

This year’s parliamentary audit, which will mark the first conducted under the 20th National Assembly, is scheduled to begin Sept. 26 for a three-week run.Wordy warfare between the ruling and opposition parties will likely intensify over the issue of the US and Korean governments’ accord...

Updated : 2016.09.18 16:32