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East Asia
Restructuring in full swing
POSCO sells non-core assets; SK decentralizes POSCO, SK and other large business groups here, which have seen their bottom lines deteriorate, have begun taking preemptive measures to better cope with worsening business conditions at home and abroad. Some conglomerates are rushing to dispose of non-core units to raise much-needed cash…
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East Asia
Taiwan’s ‘peace initiative’
While the world’s attention has been focused on the rivalry between China and Japan over uninhabited islands in the East China Sea, Taiwan, which has the same territorial claims as China, has come up with what it calls a “peace initiative’’ involving all three parties. On Aug. 5, a month…
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Looming uncertainty
Single candidacy must be completed soon With barely 50 days to go before the Dec. 19 presidential election, a mountain of uncertainty looms large. That’s largely because the main standard-bearer of the opposition camp has not been determined yet. Moon Jae-in, the candidate of the main opposition Democratic United Party…
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East Asia
NK first lady reemerges in public
North Korea’s “first lady” Ri Sol-ju resurfaced in state media after a 50-day hiatus, Tuesday, amid speculation over her possible pregnancy. Ri and her husband North Korean leader Kim Jong-un on Monday attended a concert commemorating the 60th anniversary of the founding of the Kim Il-sung Military University, the North’s…
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East Asia
Ban accents Korea’s ‘catalyst’ role
UN chief considers trip to North Korea to help promote peace United Nations Secretary-General Ban Ki-moon called for Korea to act as a catalyst on the world stage on U.N. targets such as sustainable development, Tuesday. In a speech to the National Assembly plenary session, Ban, a former South Korean…
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East Asia
Korea to share water management know-how with Asian countries
Korea will provide its environmental technology on water management for developing nations across Asia to meet growing demand on the water industry and related markets, the government said Tuesday. The Ministry of Environment said on the last day of the two-day Asia Water Management Forum in Seoul, Tuesday that the…
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East Asia
Time for Japan to stop distorting truth
On Aug. 24, Japanese Prime Minister Yoshihiko Noda explained to the Japanese National Diet three key points why Dokdo was Japanese territory with the aim of maximizing the impact of Japanese propaganda, but instead, it exposed the limits of the logic within it. The first reason that Noda provided for…
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South East Asia
[ASEAN Report] Indecent Malaysian advertisement offends Indonesians
A recent advertisement in Malaysia saying “Indonesian Maid on Sale!” raised protest from Indonesia. Malaysia Ministry of Labor and Transmigration promised to investigate those related to the advertisement. Malaysian government said the person who made the advertisement is recognized as Rubini. Responding to Indonesian protest, Indonesian Minister of Labor and Transmigration Muhaimin Iskandar asked…
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East Asia
The Difference between the Korean and the Japanese Perspectives on “Dokdo”
The arguments about Dokdo issue between the Japanese and the Korean people seem to be gradually increasing with the Senkaku(“Diaoyu” in Chinese) territorial issue. I think that there is the fundamental difference between the Japanese and the Korean Perspectives on Dokdo issue and to understand it is very important to…
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South East Asia
Muslims Driven To Live In Refugee Camp As Result Of Ethnic Violence In Myanmar
A Muslim woman refugee, fled from ethnic violence, cuddles a baby at Thechaung refugee camp in Sittwe, Rakhine State, western Myanmar, Tuesday, Oct. 30, 2012. Survivors of ethnic clashes in western Myanmar lashed out at the government for failing to prevent violence between Muslims and Buddhists that has displaced more…
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