[Editorial] Uproot opinion-rigging

The anomalies which happened on the Korean web portal Daum during the Asian Games show that overseas manipulation of public opinions on domestic portal sites has become a reality. During the Asian Games men's football quarterfinal match between South Korea and China on Sunday, the ratio of clicks cheering for China on Daum reached 91 percent at one point, compared with a mere 9 percent for South Korea. On Naver, another Korean web portal, the number of clicks cheering for South Korea took

Oct. 6, 2023

[Editorial] No time to delay reform

The Yoon Suk Yeol administration is scheduled to unveil a blueprint for public pension reform this month, but there is only a slim chance that any meaningful progress will be made any time soon. One of the reasons for such a pessimistic view is that the lawmakers from both parties agreed to effectively put aside the pension reform issue until after next year's general election. The ruling People Power Party and the main opposition Democratic Party of Korea on Monday agreed to extend the ope

Oct. 5, 2023

[Editorial] Time for self-restraint

The main opposition Democratic Party of Korea is escalating its offense against the Yoon Suk Yeol administration after the court rejected an arrest warrant request for its leader, Lee Jae-myung. The party demanded an apology from Yoon and the dismissal of Justice Minister Han Dong-hoon. Boosted by the denial of his arrest warrant, Lee proposed out of the blue that Yoon hold one-on-one talks with him to discuss the livelihoods of the public. Lee likely knew well that the president would almost ce

Oct. 4, 2023

[Editorial] Right choice eventually prevails

The Constitutional Court ruled a ban on sending propaganda leaflets to North Korea is unconstitutional. It comes as another belated -- but correct -- decision after the Supreme Court ruled in April that anti-North Korea leaflets played a positive role in providing information to North Koreans about their reality. At the time the ban was introduced, the Moon Jae-in administration and the ruling Democratic Party of Korea faced severe criticism for legislating the ban as North Korea demanded, but t

Sept. 28, 2023

[Editorial] Slow growth trap

South Korea’s growth rate is feared to dip below the Organization for Economic Cooperation and Development average for the third consecutive year this year, unless sagging exports rebound at a brisk pace. The OECD maintained Korea’s 2023 growth outlook and inflation forecast at 1.5 percent and 3.4 percent, respectively, in its interim report titled, “Confronting Inflation and Low Growth.” The interim outlook suggests there has been no meaningful change in the country&rsqu

Sept. 27, 2023

[Editorial] Right to live in quiet

The court last week allowed the Korean Metal Workers' Union, a member of the Korean Confederation of Trade Unions, to hold an overnight rally on the street in front of the National Assembly. It was the first time the court had allowed an overnight open-air demonstration. The court accepted the application by the metal workers' union to invalidate a police ban on its overnight outdoor protest. The union had reported to the police that it would hold a rally from 9 a.m. on Sept. 20 to noo

Sept. 26, 2023

[Editorial] Roadblocks ahead

The South Korean economy is set to grapple with three volatile conditions -- the so-called “three highs” -- in the coming months: higher interest rates, high energy prices and the higher value of the US dollar against the Korean currency. First and foremost, the US interest rate change is drawing keen attention from Korean policymakers and investors as its impact is potentially critical. The US Federal Reserve on Wednesday left interest rates unchanged, but signaled it may opt for on

Sept. 25, 2023

[Editorial] Kepco’s woes

President Yoon Suk Yeol signed off on the appointments of Kim Dong-cheol as the new CEO of Korea Electric Power Corp., also known as Kepco, and Bang Moon-kyu as trade minister this week, the very two figures in charge of the highly explosive issue of electricity rate hikes. The idea of raising electricity rates is a sensitive topic for the government as many households find the sharp increase in August's electricity bills hard to swallow. This year’s lengthy heat waves forced many hou

Sept. 22, 2023

[Editorial] Lee's arrest warrant

The National Assembly is set to vote on a government request for opposition leader Lee Jae-myung to attend a pretrial detention hearing. He has promised many times to give up his privilege as a lawmaker of being able to avoid detention depending on the result of a National Assembly vote and voluntarily attend a detention hearing like ordinary people do if the prosecution sought an arrest warrant for him, but his promises were just empty words. An incumbent National Assembly member can stand tria

Sept. 21, 2023

[Editorial] A worrisome gap

South Korea’s tax revenue shortfall for 2023 is now estimated to stand at 59.1 trillion won ($44.6 billion), according to newly revised government data, the biggest in years. The Ministry of Finance and Economy announced Monday it has revised down its annual tax revenue projection to 341.4 trillion won, citing sluggish corporate earnings and a protracted slump in the property market. The ministry’s earlier tax revenue outlook for this year was 400.5 trillion won. The new revision ref

Sept. 20, 2023

[Editorial] Deceit of the nation

The manipulation of economic statistics by the Moon Jae-in administration, disclosed by the Board of Audit and Inspection last week after a six-month probe, is astonishing. The audit agency found that the Moon administration had persistently and widely manipulated government statistics on real estate prices, national income and employment to hide its policy failures. The board asked the prosecution to investigate 22 former Moon government officials on suspicion of leading the statistics manipula

Sept. 19, 2023

[Editorial] Dangerous deal

Military cooperation between North Korea and Russia is looming large. The recent summit between North Korean leader Kim Jong-un and Russian President Vladimir Putin is a sight showing that vague concern becomes real risk. It was a closed-door meeting and no press conference was held. Nothing is known about what they actually discussed, except for their open mention of cooperation in the field of satellites. Putin said Friday that Russia would not breach any agreements concerning the Korean Penin

Sept. 18, 2023

[Editorial] In need of quality jobs

As far as headline numbers are concerned, South Korea’s job figures for August are not so bad. In fact, the number of employed people went up last month from a year earlier. But beneath the upbeat data lies a problematic trend that continues to keep policymakers on edge. According to data released by Statistics Korea on Wednesday, the country added 268,000 new jobs in August, increasing the total of employed people to 28.67 million. The new job additions mark a much welcome rebound. In Jul

Sept. 15, 2023

[Editorial] Trial delayed

The first-trial court trying the case of former President Moon Jae-in's Cheong Wa Dae staff allegedly intervening in the June 2018 Ulsan mayoral election is finally set to pronounce a ruling -- three years and 10 months after the prosecution’s indictments. The prosecution on Monday asked the court to sentence former Ulsan Mayor Song Cheol-ho and an opposition party lawmaker, Hwang Un-ha, to six and five years behind bars, respectively, in connection with the case. The prosecution also

Sept. 14, 2023

[Editorial] Blind spot

In the past decade, the South Korean government has been trying to locate and help people struggling with extreme poverty and diseases outside of the social security net. But the system is still fraught with loopholes, resulting in more tragic and unattended deaths. On Friday, a woman in her 40s was found dead alongside a young child, unconscious, in a rented residential villa in Jeonju, North Jeolla Province. The police said Monday the direct cause of the woman’s death is presumed to be a

Sept. 13, 2023

[Editorial] Build anti-sub ability

North Korea's threat of underwater nuclear attacks, which are difficult to detect beforehand, is looming large. The North disclosed through state media Friday that it launched its first “tactical nuclear attack submarine” that can fire nuclear missiles underwater. Photos North Korea disclosed reveal 10 vertical launch tubes for short and medium-range ballistic missiles. The submarine is presumed to be capable of firing not only ballistic missiles tipped with nuclear warheads but

Sept. 12, 2023

[Editorial] Supply chain risks

China’s moves to place restrictions on two fields -- one on exports of urea for fertilizer and the other on the use of Apple’s iPhone for government workers -- have sent a chill down the spine of South Korean policymakers and businesspeople. Both regulations have not affected Korean exporters and consumers yet, but given the past case in which China caught the country off guard with its curb on urea solution exports, much caution and proactive preparations for export control on other

Sept. 11, 2023

[Editorial] Fake election news

Kim Man-bae, a key figure in the high-profile Daejang-dong development scandal, was found to have fabricated news stories unfavorable to the t​hen-People Power Party candidate Yoon Suk Yeol before the 2022 presidential election. The scandal concerns a project to develop Daejang-dong in Seongnam City as apartment complexes. The project was planned and executed under then-Mayor Lee Jae-myung, who is leader of the Democratic Party of Korea. Kim allegedly received astronomical returns on investment

Sept. 8, 2023

[Editorial] Kim’s visit to Russia

North Korean leader Kim Jong-un’s rare expected trip to Russia sometime next week is sending loud alarms to government officials in South Korea and the United States, as Kim is seen pushing for an arms deal with President Vladimir Putin, a scenario that will complicate the already thorny geopolitical situation on and possibly beyond the Korean Peninsula. Kim is now expected to travel from Pyongyang by armored train to Vladivostok on the Pacific coast of Russia, where he would attend the Ea

Sept. 7, 2023

[Editorial] Dubious qualifications

Youn Mee-hyang's qualifications as a lawmaker are questionable. The independent lawmaker attended an event Friday in Tokyo organized by the General Association of Korean Residents in Japan, a pro-North Korean group of Zainichi residents in Japan, abbreviated as Chongryon, to commemorate Korean victims of the Kanto Massacre in the wake of the 1923 Great Kanto Earthquake. Chongryon Chairperson Ho Jong-man, who was granted the title of "hero" by North Korea, and other leaders of the

Sept. 6, 2023