On July 31st, Korea and the United States (U.S.) reached a final agreement to lower mutual tariff rate from 25% to 15%. The deal marks a significant milestone, as it is expected to reshape the competitive landscape across various key industries, particularly the shipbuilding and automotive sectors.
Among the 300 members of the 22nd National Assembly of the Republic of Korea, only 14 members were in their thirties, and none were in their twenties at the time of taking office. This highlights just how young people in South Korea remain vastly underrepresented in politics. With this, the Sungkyun
With the impeachment of South Korea's former President Yoon Suk-yeol, all eyes are now on the snap presidential election set for June 3rd. Yet, the shadow of Yoon's martial law declaration continues to lurk beneath the surface as a reminder of what is at stake in this upcoming election. With this, t
This February, the National Pension Service announced that the number of pension subscribers will decrease by more than 100,000 in the following two years, due to a low birth rate and aging population. Despite the ongoing decline, the discussion on pension reform was continuously hindered by the pol
As Korea’s working- age population declines, migrant workers have become an essential presence in the Korean economy. However, many migrant workers still face appalling conditions, including withheld wages and the infringement of human rights. Marking International Migrants Day on December 18th, as
Political fandoms are very influential in modern-day Korean politics. Recently, a Member of Parliament (MP) Lee Jae-myung received strong support from his fandom and was elected party leader at the August 28th Democratic Party convention. Thus, the Sungkyun Times (SKT) will examine the concept and h
On July 1st, the Seoul Bankruptcy Court (SLBC) began to apply a new rule: to prepare a support plan for debtors who have failed to invest in stocks or cryptocurrency. However, there have been opinions that by applying this rule, the SLBC will be helping those who went into debt in order to invest. T
On May 10th, the term of the 19th President Moon Jae-in finished, and the 20th President Yoon Seok-yeol started. Since the votes of people in their 20s and 30s were crucial in this presidential election, many pledges were made for them. Hence, the Sungkyun Times (SKT) would like to review the result
With the start of 2022, the government declared an enforced vaccine pass by applying expiry dates and expanding its restrictions. However, complaints have been raised due to exhaustion from the long haul of the coronavirus disease 2019 (COVID-19) curbs. In particular, controversies, such as vaccine
On July 14th, a laborer working at a KT business in Pohang was crushed to death by an optical fiber cable weighing over 400 kilograms. The fact that safety equipment such as safety helmets was not provided at the construction site was shocking. Along with a series of industrial accidents at construc
The prices of apartments in Seoul have soared seriously in the past few years. As the house prices rise continuously, the government has effectuated various real estate policy measures to curb rising house prices. On the 16th December last year, the government announced a more stringent real estate
