[Editorial] Jamboree aftermath

The 25th World Scout Jamboree in South Korea wrapped up its run on Friday with a massive K-pop concert, but disputes over what went wrong at the event and who should be blamed show no sign of abating. The Jamboree was entangled in a host of high-profile errors and problems, ranging from the scorching heat wave and typhoon-related disruptions to a lack of hygiene and shelter from the sun. Large contingents from the US and Britain pulled out early. The organizers were also severely criticized for

Aug. 16, 2023

[Editorial] Minimize China risk

US President Joe Biden signed an executive order last week that prohibits or restricts US investments in Chinese entities in three sectors: semiconductors and microelectronics, quantum computing and certain artificial intelligence systems. The measure is expected to take effect in 2024. The order will also require outbound US investors to notify the Treasury Department. This measure shows the US' intention to block Beijing's initiative in securing China's position as a global powe

Aug. 15, 2023

[Editorial] Embezzlement at banks

South Korea's financial authorities are considering strengthening regulations in such a way that will hold top officials accountable when bank employees repeatedly commit irregularities such as embezzlement and insider trading. The Financial Services Commission, a financial watchdog, is reportedly pushing for a revision to the Act on Corporate Governance of Financial Companies that will define the specific responsibilities of senior bank officials regarding internal oversight, local media o

Aug. 14, 2023

[Editorial] Indefensible

South Korean military authorities were found to have purchased bulletproof helmets without going through proper performance testing and issued them to soldiers. A military official even made bogus reports on the performance test results for the helmets. The military was also found to have issued poorly performing bulletproof vests to service members. According to the recently disclosed results of an investigation by the Board of Audit and Inspection into military projects to acquire body armor,

Aug. 11, 2023

[Editorial] Challenges for chip sector

South Korea’s semiconductor industry confronts a growing list of challenges as the global competition, compounded by the frictions between the US and China, intensifies amid a shortage of chip technicians, scientists and engineers. As semiconductors are widely used for cutting-edge sectors such as artificial intelligence and mobile solutions, a host of countries including the US and China are vying to stay ahead in securing advanced facilities, workforce and technologies. The US is buildin

Aug. 10, 2023

[Editorial] Brace for typhoon

Typhoon Khanun is now heading for the Korean Peninsula after shifting its projected course. The typhoon, with strong winds and heavy rain, is forecast to land on South Korea's southern coast Thursday morning and sweep through the peninsula vertically, the Korea Meteorological Administration said. When it makes a landfall on the peninsula as forecast, the typhoon may be packing strong winds that have a maximum speed between 33 meters per second and 44 meters per second -- gusts strong enough

Aug. 9, 2023

[Editorial] Stop copycat crimes

A wave of online posts threatening murder and attacks is heightening the sense of concern and unease over possible copycat crimes targeting strangers in the aftermath of two stabbing rampages in Seoul and Seongnam, Gyeonggi Province. The National Police Agency said in a press conference Monday that it has tracked down 59 people for posting murder threats on the internet and arrested three suspects, after identifying 187 threatening posts. Police said that out of 59 people, 34 are teens, includin

Aug. 8, 2023

[Editorial] Jamboree woes

The 2023 World Scout Jamboree in Saemangeum, North Jeolla Province, is regaining its footing after a crisis in which it faced the threat of an early closure when some countries withdrew from the campsite. Concerns about the event ending early mounted as contingents from the UK and the US decided to leave the Saemangeum site. However, the other countries chose to remain, supporting the host country's efforts to improve conditions on the campsite. Operation and facilities seem to be getting b

Aug. 7, 2023

[Editorial] Upward risks

South Korea’s consumer prices slowed to 2.3 percent in July from a year earlier -- the lowest level in 25 months -- but concerns linger about a possible spike in the coming months due to volatile domestic and international factors. Statistics Korea on Wednesday announced that the country’s consumer prices, a key gauge of inflation, rose 2.3 percent last month, compared with the 2.7 percent in June, thanks largely to lower oil prices. For economic policymakers, the latest figures are

Aug. 4, 2023

[Editorial] Critical faults

Underground car park ceilings at many apartment complexes for which construction contracts were awarded by a state enterprise were found to be supported by columns without reinforcement bars, known as rebar. An underground parking lot of an apartment complex under construction in Geomdan, Seo-gu, Incheon collapsed in April, and an investigation found rebar missing in 19 of its 32 parking lot columns. The missing reinforcing steel was blamed as the main cause of the accident. The construction con

Aug. 3, 2023

[Editorial] Stay vigilant

The South Korean government has taken steps to lift the last of its COVID-19 restrictions, but concerns about a possible resurgence remain as the number of new coronavirus cases has been on the rise for the fifth consecutive week. On Tuesday, the government publicly released a revision to the Infectious Disease Control and Prevention Act, which is designed to lower COVID-19’s infectious disease rating from level 2 to level 4 and fully lift the mask mandate even in medical institutions and

Aug. 2, 2023

[Editorial] NK-China-Russia intimacy

Confrontation between the free world and authoritarian dictatorships seems to be growing acute on the Korean Peninsula as North Korea, China and Russia are revealing their solidarity plainly. North Korea's "Victory Day" event affirmed this. On the occasion of the 70th anniversary of the Korean War armistice signed on July 27, 1953, China and Russia sent large delegations to Pyongyang for the event. North Korea has denied the historical fact that it invaded South Korea, arguing to

Aug. 1, 2023

[Editorial] Dispute over Kentech

It is rare for a single university to generate a slew of critical talking points. But the Korea Institute of Energy Technology, known as Kentech, is not a normal university that can bypass relentless media spotlight. Kentech, established in March last year in the southwestern city of Naju, South Jeolla Province, as part of the energy policy pushed by the former Moon Jae-in administration, is now in hot water over alleged irregularities regarding administrative expenses and other regulations, acc

July 31, 2023

[Editorial] Revitalize economy

South Korea's gross domestic product increased 0.6 percent in the second quarter from the previous quarter. It is fortunate that it increased two straight quarters after seeing negative growth in the fourth quarter last year due to a slump in exports. But Korea's GDP grew in the second quarter because imports decreased more than exports did. Exports shrank by 1.8 percent and imports by 4.2 percent. It is worrying that exports, which have propelled South Korea‘s economic growth, a

July 28, 2023

[Editorial] Crypto dispute deepens

In mid-May, Rep. Kim Nam-kuk left the main opposition Democratic Party of Korea after revelations that he had been engaged in suspicious cryptocurrency transactions. But the dispute over the crypto investment is still playing out at the National Assembly -- in an ugly way. There are two interconnected developments that can significantly affect public opinion. First, 11 lawmakers were found to have held virtual assets amid mounting speculation that some of their trades might have caused a conflic

July 27, 2023

[Editorial] Recurrent random attacks

Few situations would cause more anxiety to the general public than one in which anyone can be attacked suddenly in a defenseless state by a total stranger -- for no reason and regardless of time and place. Such a horrible crime recently occurred on a Seoul street in broad daylight. A 33-year-old man surnamed Cho stabbed one pedestrian to death and injured three others in an alley in a shopping district near Sillim Station in Seoul at around 2 p.m. on July 21. The rampage happened for three or fo

July 26, 2023

[Editorial] Protect teachers' rights

South Korean teachers have been confronting a growing number of unruly students and overprotective parents resorting to frivolous lawsuits over legitimate classroom interactions. No wonder, then, many teachers feel overstressed and under extreme pressure, some even reconsidering their choice of profession. Against this backdrop, some 5,000 teachers and education university students took to the streets Saturday, calling for a set of measures to guarantee teachers’ rights and protect them fr

July 25, 2023

[Editorial] Foregone conclusion

The state audit agency announced inspection results last week showing that the previous Moon Jae-in administration's decision to dismantle three weirs and keep two open indefinitely on the Geum and Yeongsan rivers was made in an irrational and biased fashion following a foregone conclusion. From the beginning, there was no room for the possibility of weir management or maintenance. In May 2017, the Environment Ministry formed a four-river project evaluation group under the pretext of restor

July 24, 2023

[Editorial] Seek a new option

A tripartite commission representing labor, business and the general public finally set the hourly minimum wage for next year at 9,860 won ($7.8) Wednesday, up 2.5 percent from this year. It is equivalent to a monthly wage of nearly 2.07 million won. The process for determining the minimum wage is always a painful process, but this year proved to be extremely tough. From the outset, representatives from labor and the general public clashed with each other, resulting in the cancellation of the fi

July 21, 2023

[Editorial] Don't pass the buck

The causes and background of the Osong underpass flooding accident in North Chungcheong Province are coming to light in dribs and drabs. Further details will emerge now that the government has launched its inspection, but facts revealed so far show that the anti-disaster response system was not working properly due to insensitivity to safety and complacency. The flooding of the Gungpyeong-2 underpass tunnel in Osong-eup in the Heungdeok district of Cheongju was a fatal accident that could have b

July 20, 2023