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Thu, June 1, 2023 | 10:36

. Park Chong-hoon

Time to tone down the pessimism

South Korea's economy faces various challenges, such as rising inflation, falling real wages, a persistent trade deficit and a weakening real estate market, but the overriding concern for the market is Korea's declining exports to its key trading partner, China.

2023-05-15 17:01

. Steven L. Shields

Outpost of grace

If there is one thing that Korea has an overabundance of, it is churches. An old tourist joke used to be that flying over the city (when Gimpo was the main airport), one imagined it was a cemetery because there were so many red-lighted crosses. Since the new airport opened more than 20 years ago, many travelers have never seen the blanket of crosses that covers the city.

2023-05-15 17:00

2023, exceptional year of 60th anniversary of ROK-EU relations

2023, exceptional year of 60th anniversary of ROK-EU relations

The year 2023 is a special year for the European Union and the Republic of Korea as we are celebrating the 60th anniversary of our diplomatic relations.

2023-05-15 16:12

. Casey Latigue

In favor of participation trophies

NBA superstar Giannis Antetokounmpo recently inserted himself into the debate about participation trophies, competition and failure. His team, the Milwaukee Bucks, got bounced out of the playoffs in the first round by the lowest-seed team in his division. At the press conference after the game, a reporter asked him, “Do you view this season as a failure?”

2023-05-14 16:30

Rushan Ziatdinov

Will 5th Industrial Revolution shape the future of humanity?

The four industrial revolutions have had a significant and far-reaching impact on humanity. They also significantly influenced social, economic and political institutions. These revolutions ushered in a shift from manual labor to machine-based production, leading to new smart industries, AI and robot-based technologies and other innovations.

2023-05-14 16:25

ChatGPT's lessons for economic development

ChatGPT's lessons for economic development

CAMBRIDGE - Spoiler alert: I am not going to talk about how ChatGPT responds when prompted about economic-development strategies. It basically regurgitates reasonable, but mediocre ideas that it has seen in its training set. But ChatGPT's design, which has given it far greater capabilities than its creators anticipated, offers a valuable lesson for tackling the complexities o...

2023-05-14 16:19

. Donald Kirk

Dividends of summitry

The rapid succession of summits between President Yoon Suk Yeol and President Biden and then between Yoon and Japan's Prime Minister Fumio Kishida should in theory open a new chapter in South Korea's two most important relationships with foreign countries.

2023-05-11 16:43

Saving Earth from plastic waste

Saving Earth from plastic waste

The oceans are in a state of death. Like the Amazon Rainforest, which have played the role of lungs regulating the climate of the entire planet, the oceans are dying, covered with vast amounts of plastic waste. In the case of the Pacific Ocean, the plastic garbage zone extends for hundreds of square kilometers between Hawaii and the North American continent. The same is true ...

2023-05-11 16:25

Dilemmas of deterrence

Dilemmas of deterrence

We live in a world where geopolitical stability relies largely on deterrence. But how can we prove that deterrence works?

2023-05-11 16:15

Shim Jae-yun

1 year in, Yoon's challenges and responses

President Yoon Suk Yeol marked the first anniversary of his inauguration, Wednesday. What awaited the prosecutor-turned -head of state, then a political novice, were knotty tectonic challenges at home and abroad.

2023-05-10 16:17

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Top 10 Stories

1	Seoul City takes flak for bungled emergency text alert on NK's rocket launch

2	Rude cabbies in Seoul face stricter penalties

3	INTERVIEWAsia expected to be key driver of ESG growth: Deloitte ESG Partner

4	North Korea's spy satellite launch fails as rocket falls into sea

5	Retailers adopt generative AI to offer personalized products, services

6	Committee calls for lowering requirements for foreigners to teach English online

7	Chinese account for 54% of foreign-owned homes in Korea

8	AMCHAM stresses S. Korea-US ties after NK fires 'space launch vehicle'

9	LS chairman appears in YouTube commercial

10	Samsung Sharing Kiosk raises $174,000 to help children in need

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