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Good intentions go bad (KOR)
We are flabbergasted to find that last year, the government wasted much of the money spent to ameliorate side effects of the big minimum-wage hike. According to a JoongAng Ilbo investigative report, the government secured a budget of 2.97 trillion wo…
Jan 18,2019
Restoration, not redevelopment (KOR)
The author is a construction and real estate team reporter of the JoongAng Ilbo. Eulji Myeonok near Euljiro 3-ga Station, central Seoul — one of the top five Pyongyang-style naengmyeon (buckwheat noodles in cold broth) places —…
Jan 18,2019
Kaesong, Kumgang are not being revived soon
Seoul is currently not considering a resumption of operations at the Kaesong Industrial Complex or sending tourists to Mount Kumgang, said South Korean Foreign Minister Kang Kyung-wha Wednesday. Speaking at a New Year’s press conference at the Fo…
Jan 17,2019
A diplomatic pretzel (KOR)
South Korea’s top diplomat reversed her initial stance on inter-Korean ventures amid a stalemate in Washington-Pyongyang denuclearization talks by saying the Moon Jae-in administration was not yet reviewing the idea of reopening the Kaesong Industria…
Jan 17,2019
Can Korea maintain its exports? (KOR)
CHANG CHUNG-HOON The author is an industrial news reporter of the JoongAng Ilbo. Last year, Korea’s exports totaled $605.2 billion. Seventy years since the country started exporting in 1948, Korea broke the $600-billion mark. Only …
Jan 17,2019
Moon meets the tycoons, pleads for jobs
President Moon Jae-in invited 130 business leaders, including the heads of the country’s top 25 conglomerates, to the Blue House for a town hall-style meeting Tuesday. And he got an earful. “Honestly, I raised [the social enterprise issue to P…
Jan 16,2019
Knowing enemies from allies (KOR)
We are shocked at the 2018 National Defense White Paper released by the Ministry of National Defense Tuesday. The ministry deleted the phrase defining the North Korean Army as our main enemy. The revised white paper broadly defined our enemy as “thos…
Jan 16,2019
A dangerous deal (KOR)
JUNG HYO-SIK The author is a Washington correspondent of the JoongAng Ilbo. U.S. Secretary of State Mike Pompeo said that the security of the American people is the objective of the second North Korea-U.S. summit. The remarks not …
Jan 16,2019
Seoul may ask Tokyo to discuss the 1965 bilateral treaty
As Japan is demanding diplomatic consultations over the forced labor issue, Korea may propose discussing all unresolved issues involving the 1965 bilateral treaty that normalized bilateral ties, according to a diplomatic source. Seoul is consideri…
Jan 15,2019
Where’s the consensus? (KOR)
Rep. Song Young-gil, a four-term lawmaker of the ruling Democratic Party, proposed to resume construction of the Shin Hanul 3 and 4 reactors in Uljin, North Gyeongsang, which were suspended as part of the Moon Jae-in administration’s relentless push …
Jan 15,2019
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