Urgent pension reform
-Open up data, show the way, and then sell hard-
One of the problems modern welfare states must tackle is defusing the pension time bomb.
And nowhere is this more urgent than in Korea, with the fastest
President Yoon Suk Yeol’s approval rating inched up to 36.7 percent, primarily due to positive public assessments of his recent overseas trip to attend summits involving the Association of Southeast Asian Nations and the Group of 20, according to a
A boiler pipe at a thermal power plant located in the central county of Seocheon exploded Monday, killing one worker and injuring three others, authorities said.
The explosion occurred at 10:54 a.m. at the boiler room on the fifth floor
Security measures appeared to have been strengthened at the rail station in Russia’s far eastern city of Vladivostok on Monday amid speculation that North Korean leader Kim Jong-un could visit Russia this week for talks with President Vladimir Putin.
U.S. Assistant Secretary of State for Economic and Business Affairs Ramin Toloui will travel to South Korea and Japan this week for talks on ways to deepen economic cooperation, the State Department said Monday.
Toloui will visit Tokyo starting Mond…
South Korea’s exports fell 7.9 percent on-year in the first 10 days of September due to weak shipments of chips and petroleum products, data showed Monday.
The country’s outbound shipments reached US$14.9 billion in the Sept. 1-10 period, compared w…
Hyundai Engineering & Construction Co. (Hyundai E&C) said Monday it has signed a partnership deal with a local energy IT startup via an equity investment in an effort to break into the power brokerage business.
Hyundai E&C, South Korea’s No.
South Korean stocks started a tad lower Monday as big-cap tech and auto stocks traded in negative territory.
The benchmark Korea Composite Stock Price Index (KOSPI) lost 7.06 points, or 0.28 percent, to 2,540.62 in the first 15 minutes of
SKC Co., a South Korean manufacturer of secondary battery parts and advanced materials, said Monday it is acquiring a stake in a U.S. semiconductor packaging startup as it accelerates the drive for chip post-processing.
The investment in Chipletz, a…
KT Corp., a major telecom operator in South Korea, said Monday it has reached a deal with a Singaporean postal service firm to join hands in developing a new business model for digital logistics.
Under the memorandum of understanding, KT