YON - Yonhap News Agency of Korea articles

Recent articles from YON - Yonhap News Agency of Korea

The president's good deed.
July 8, 2009... (EDITORIAL from the JoongAng Daily on July 8) -- President Lee Myung-bak has added his name to a list of high-profile philanthropists by donating most of his personal wealth, worth 33 billion won ($26 million), toward the establishment of a scholarship and welfare foundation. In a televised...

Sliding economic ranking: Korea Inc. should raise global competitiveness.
July 8, 2009... (EDITORIAL from the Korea Times on July 8) -- No one is happy to read news that Korea's global economic ranking has continued to slide. But we have to recognize that the country has been losing its competitive edge to the so-called BRICs economies - Brazil, Russia, India and China. It's time...

President's donation.
July 8, 2009... (EDITORIAL from the Korea Herald on July 8) -- For a self-made man like President Lee Myung-bak, 33 billion won is a big fortune. Donating that much amount to establish a scholarship foundation is a laudable act of philanthropy. The fact that the decision had been made during his presidential...

S. Korean firms' industrial plant orders nosedive in H1.
July 8, 2009... SEOUL, July 8 (Yonhap) -- The number of industrial plant orders won by South Korean companies nosedived in the first half of this year due to a worldwide economic slump, the government said Wednesday. Orders for drill ships, offshore facilities, power and petrochemical plants plunged 67.3...

S. Korean president steps up pressure on N. Korea to resume dialogue.
July 8, 2009... WARSAW, July 7 (Yonhap) -- South Korean President Lee Myung-bak urged North Korea Tuesday to stop its provocative missile tests and return to a dialogue with the international community, noting that the North's military threats are hindering South Korea's efforts to overcome the global...