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Politics List
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China’s semiconductor challenge
Semiconductors are what has sustained exports of Korean products and the economy. The chip front is shaking amid challenges from Chinese rivals backed by Beijing’s ambition to master and localize the semiconductor production industry. China’s antitru…
June 06,2018
Stop the experiment
President Moon Jae-in’s remarks on the positive effects of his administration’s so-called income-led growth and the government-mandated minimum wage hikes continue to fuel controversy. In a cabinet meeting Thursday discussing the nation’s fiscal chal…
June 05,2018
A new hope for Gwangju
GM Korea’s Gunsan factory in North Jeolla, built in 1997, became the shortest-lived factory in the country when it closed down on May 31. In its heyday, the factory had 1,800 workers and supplied work for over 10,000 employees at various subcontracto…
June 05,2018
Seoul must be in the loop
The United States and North Korea have “talked about almost everything” President Donald Trump said after a tete-a-tete with Kim Yong-chol, the second most powerful man in Pyongyang, to fine-tune the agenda ahead of a June 12 historic summit. Rep…
June 04,2018
Kim Jong-un’s choice
The United States and North Korea have gone all-out to make the most of momentum toward a “new era of peace, prosperity and security.” After receiving a letter from North Korean leader Kim Jong-un delivered by Kim Yong-chol in Washington, President D…
June 04,2018
Who’s running the ship?
While presiding over a meeting on Thursday to tackle Korea’s fiscal challenges, President Moon Jae-in emphatically said the government’s economic policy based on so-called income-led growth and increases in the minimum wage will not change. He ad…
June 02,2018
An abuse of power
The National Pension Service (NPS) vowed to proactively exercise its voting rights with a 12.45 percent stake in Korean Air, the national flag carrier whose name has been disgraced by the abuse of power by the owner family members. The fund managemen…
June 02,2018
Losing our edge
Concerns are rising about the future of the Korean economy. A number of major think tanks at home and abroad are warning that our economic competitiveness is showing tangible signs of weakening. In sharp contrast with the amazing boom in Japan, where…
June 01,2018
The importance of secretaries
The government has been reiterating that Finance Minister Kim Dong-yeon is the captain of the economic command center. But he may have been just a figurehead, given the treatment he got during a president-chaired meeting on household income affairs a…
June 01,2018
No more deviation
The United States and North Korea are accelerating preparations for what would be an historic summit in Singapore between U.S. President Donald Trump and North Korean leader Kim Jong-un. In Panmunjom, the two sides are having discussions to determine…
May 31,2018
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