January 9, 2024

(EDITORIAL from Korea Herald on Jan. 9)

Wrangling over first lady

President Yoon’s veto sets stage for extended clash between rival parties

South Korea’s two main parties are expected to wrangle over two special investigation bills that were vetoed by President Yoon Suk Yeol on Friday. U…

(EDITORIAL from Korea JoongAng Daily on Jan. 9)

Time to scrap or at least cut the weird tax

The government has decided to colossally change the way it has been collecting a strange tax that amounts to 24 trillion won (US$18.2 billion) annually. The tax was introduced in 1961 to finance specific p…

(EDITORIAL from Korea Times on Jan. 9)

Rapid rush to demise

Drastic steps needed to cope with demographic decline

Undoubtedly, the fast-dwindling population and record-low birthrate are the most pressing and imminent challenges facing Korea. Diverse global institutes and media outlets w…

S. Korea logs current account surplus for 7th month in November

South Korea logged a current account surplus for the seventh straight month in November on the back of an increased trade surplus, central bank data showed Tuesday.

The country’s current account surplus reached US$4.06 billion in November, narrowing…