‘Future of economy hinges on women’
Softening growth rates, collapsing consumer spending and a workforce aging dog years have been fueling apocalyptic talk about the future of Korea’s economy. So why amid the growing alarm over the unraveling of the Korean success model does the country permit itself to dramatically underutilize its highly-educated women, asks the head of a leading private […]
Mali militants urged to stop inhuman acts of criminal
Civilians look on as soldiers loyal to junta chief Capt. Amadou Sanogo mass outside the parachutists military camp, after taking control in fighting against anti-junta forces, in Bamako, Mali, Tuesday, May 1, 2012. After fierce fighting in Mali’s capital Tuesday, troops loyal to the junta overran the main camp of the soldiers who tried to […]
Aung San Suu Kyi takes seat in Myanmar’s parliament for first time
Myanmar pro-democracy icon Aung San Suu Kyi(C) and elected lawmakers of her National League for Democracy party swear during a regular session of Myanmar Lower House at parliament in Naypyitaw, Myanmar, Wednesday, May 2, 2012. Suu Kyi was sworn in to Myanmar’s military-backed parliament Wednesday, taking public office for the first time since launching her […]
Foreign buyers line up to purchase houses in Turkey
Wealthy people from the Middle East are lining up at the doors of real estate agents to buy houses in Turkey, Environment and Urban Development Minister Erdoğan Bayraktar said on Tuesday. As stated by the minister in Trabzon following a meeting on Sunday, rich buyers from countries such as Iran, the United Arab Emirates and Saudi Arabia have made down payments to contractors and real estate agents in order to be able to own a […]
Incompetent!
Foreign ministry runs out of tricks to deal with big powers Does Korea have diplomacy it can call its own? If so, the next question would be what has the Ministry of Foreign Affairs and Trade been doing. Whenever a diplomatic row surfaces, it cites strategic ambiguity or quiet diplomacy, implying that it is doing […]
‘Macquarie pursuing excessive gains’
NGOs call for probe of ‘unfair’ subway deal costing taxpayers A civic coalition called for a full-scale investigation Tuesday to clear suspicions surrounding Macquarie’s investment in 2005 in the construction of Subway Line 9. It says then-Seoul Mayor,Lee Myung-bak, who is now President, was behind the contract that they claim was against public interests. The […]
Free fall slide
LG Chem, Kumho Petro tumble in stock market The local stock market has been highly volatile over the past few weeks amid lingering woes over the eurozone’s debt crisis and a slow recovery by major economies, including the United States. In this unstable market, domestic companies have shown quite contrasting movements based on their earnings […]
Reinventing business model
SK chairman to maximize synergy among affiliates SK Group Chairman Chey Tae-won is stepping up efforts to reinvent the group by redesigning its business portfolio and creating synergy among affiliates under new business line-up. The group’s recent takeover of Hynix Semiconductor, now SK hynix, was the first step for the chairman to transform the telecom-oriented […]
The reasons why singles don’t marry
Why don’t they marry? Is it because of money? Losing a sense of self-respect may be the bigger reasons for it. The people who don’t are called the “generation of three abandonments” dating, marriage and childbirth. “Unable to marry” has now been added to them. Many people attribute the phenomenon to economic difficulties such […]
Jindo dogs celebrated with special day
Jindo County in South Jeolla Province has dedicated May 3 as Jindo Dog Day and a festival will be held in honor of the bright and loyal canines. The celebration is designed to mark the 50th anniversary of the designation of the Jindo dog as Korea’s natural treasure No. 53. Falling on the fifth month […]
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