Parley for pay

Representatives from business, labor unions and the government attend a meeting to discuss next year's minimum wage at the government complex in Sejong on Tuesday.

2021-06-15

Loan rules tightened while 40-year mortgage idea floated

Starting July this year, the 40 percent DSR will be applied to mortgages for properties valued at 600 million won or above, down from the previous 900 million won.

2021-04-29

Unemployment insurance subscriptions rise 2.3% in March

Unemployment insurance subscriptions increased 2.3 percent on year in March, according to the Ministry of Employment and Labor on Monday.

2021-04-12

If Covid-19 is a melody, there must be a counterpoint

When a team of engineers at the Massachusetts Institute of Technology (MIT) headed by professor Markus Buehler turned the coronavirus into an hour-and-fifty-minute piece of music last April, their goal wasn't artistic. By giving this lethal virus...

2021-03-14

TVXQ's U-Know Yunho apologizes for breaking Covid regulations

TVXQ member U-Know Yunho posted a long apology Wednesday, a day after it was reported that he is being investigated by police for staying at a restaurant after 10 p.m. with three other friends, violating the government’s social distancing ...

2021-03-10

Slow and steady loses the race

Short-tempered people need patience to live in Japan, but lately, I am very anxious. Japan’s Covid-19 vaccination proceeds so slowly that I wonder if it really began. Since inoculations began on Feb. 17, 46,469...

2021-03-09

On a splurge for elections

The ruling Democratic Party (DP) and government have lost control over their extravagance with Covid-19 relief payments out of desperation to win the upcoming mayoral by-elections in Seoul and Busan. Few would disagree with the...

2021-03-03

ARMY goes to war after German radio D.J. critical of BTS

A radio host in Germany is feeling the wrath of BTS fans after making comments critical of the boy band. On his Feb. 25 program, Matthias Matuschik of Bayern 3 in the state of Bavaria basted the band’s music with strong language after ...

2021-02-26

Tax reform and inclusiveness recommended by the OECD

Tax reform is inevitable considering the fiscal pressure that Korea faces especially from the aging population the head of the OECD said. He also supported selective support emergency relief grants.

2021-02-17

Third wave of Covid worsened domestic economy: KDI

The spike of Covid-19 that escalated in November and continues today has left a major scar on the domestic economy, according to the latest assessment by the state-owned think tank.

2021-02-07

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