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Mon, March 25, 2019 | 19:55

Opinion > Editorial >

Energy policy overhaul

When it comes to electricity generation, South Korea is highly dependent on coal power. This means that Asia's fourth-largest economy has long adopted the cheapest - but the dirtiest - means to generate electricity. For this, the country has had to pay the price - air pollution.

Editorial | 2019-03-25 16:59

Lesson from Pohang quake

The southeastern port city of Pohang has earned the dishonorable nickname of “dangerous city” in the wake of the 2017 earthquake, the second-worst seismic event in the country. The quake left 118 people injured and caused damages of 84.5 billion won ($75 million). A considerable number of residents are still living in groups in gymnasiums due to the possibility of their homes collapsing.

Editorial | 2019-03-25 16:20

Keep the door open

U.S. and North Korean leaders have been treading a tightrope since the failure of their second summit in Hanoi at the end of last month. Neither of them wants to make any concessions regarding the terms of the North's denuclearization. Nor does anyone want to part ways - at least at the moment.

Editorial | 2019-03-24 17:01

Reminiscent of 'old evils'

Ex-Environment Minister Kim Eun-kyung is likely to be the first former Cabinet member of the Moon Jae-in government to be arrested on criminal charges. She is suspected of abusing her authority to force heads of public organizations affiliated with her ministry to resign only because they were appointed by President Moon Jae-in's predecessor, the ousted Park Geun-hye.

Editorial | 2019-03-24 16:59

Former United Nations Secretary General Ban Ki-moon has re-emerged in the news with the unlikely task as chief of a new government agency to respond to the fine dust pollution that has become one of the biggest concerns for Korean society today.

Editorial | 2019-03-22 20:52

Innovative financing

President Moon Jae-in announced his administration's plan on Thursday to induce the overhaul of lending practices. Attending a meeting to “declare a vision for innovative financing,” President Moon said the government would introduce a comprehensive collateral system, which bundles up different assets, such as property rights, movables and bonds, into a security package to be used for borrowing from financial institutions.

Editorial | 2019-03-22 20:51

Embarrassing diplomacy

Cheong Wa Dae fails to properly assist Moon's trips The incompetence of Cheong Wa Dae's protocol team left President Moon Jae-in an embarrassing position during his trip to Southeast Asia last week. The three-day trip to Malaysia, Indonesia and Cambodia did not gain a lot of media attention. Unfortunately, the mistakes from Cheong Wa Dae have overshadowed the accomplishments of the trip that was part of Moon's efforts to forge stronger ties with ASEAN nations for a more balanced diplomacy.After the trip was over, the local media belatedly reported that Moon had used an incorrect greeting dur...

Editorial | 2019-03-21 17:23

Credit downcycle

Many leading Korean businesses are in danger of experiencing a downgrade in their credit ratings. “After a robust performance in the three years to 2017, Korean companies are entering a credit downcycle - albeit a moderate one,” Park Jun-hong, a credit analyst at Standard & Poor's Global Ratings, said in a report Tuesday.

Editorial | 2019-03-21 16:19

Growing disappointment

People cannot help but express deep disappointment at all seven minister nominees ahead of National Assembly confirmation hearings slated for March 25 to 27. The reason is because the nominees face allegations of property speculation, false resident registration, reckless remarks and ideological prejudice.

Editorial | 2019-03-20 17:11

Simmering hiring scandal

Telecom giant KT faces illegal recruitment allegations following the arrest of a human resources executive suspected of unfairly hiring a daughter of Rep. Kim Sung-tae, former floor leader of the largest opposition Liberty Korea Party (LKP).

Editorial | 2019-03-20 16:20

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World Water Day 2019