Category: Korea-General Topics

These regulations which are probably intended to help Korean tech companies at the expense of U.S. companies would also benefit Chinese tech companies as well in Korea:

Fair Trade Commission Chairman Han Ki Jeong, right, speaks with American Chamber of Commerce in Korea Chairman James Kim during a special luncheon event at Grand Hyatt Seoul in this March 2023 file photo. Yonhap

The Yoon Suk Yeol administration’s drive to regulate market-dominant online platforms could be evolving into a potential diplomatic dispute with the U.S., according to industry officials, Thursday.

The U.S. state and commerce departments reportedly raised their concerns regarding South Korea’s proposed regulations. They conveyed these concerns by sending messages to Yoon’s office, the foreign ministry, and the trade ministry late last year.

Although a Fair Trade Commission (FTC) official in charge of the matter said the agency has not received an official comment from Washington, Seoul is said to be trying to persuade the U.S. government by emphasizing that there is no intention of imposing regulations more strictly on foreign firms in favor of domestic companies.

The primary concern for U.S. firms revolves around the potential that the upcoming competition policy rules might inadvertently favor Chinese late movers, like Aliexpress and Temu, which are not expected to be affected by the regulation due to their relatively low market shares.

“It now appears the European Union’s approach is contagious, as Korea’s pro-tech government has tabled a Digital Markets Act-like bill that would unfairly target U.S. platforms while giving Chinese platforms a pass, a policy very much not in U.S. companies’ interests,” the Center for Strategic & International Studies said in a report on Jan. 11. “Korea’s proposed act and the bills under discussion set limits that unfairly target U.S. companies which will, in turn end up helping Chinese companies gain larger market share.”

Korea Times

You can read more at the link.

The Korean left continues their crusade against President Yoon’s wife:

The state anti-corruption agency said Thursday that it is looking into allegations that first lady Kim Keon Hee improperly received a high-end designer bag from a pastor last year. 

A liberal YouTube-based news channel had previously claimed that the wife of President Yoon Suk Yeol had been gifted the Christian Dior bag valued at around 3 million won (US$2,200) by the Korean American pastor and released a video recording of the incident.

A civic group later filed a complaint with the Anti-Corruption and Civil Rights Commission, requesting an investigation into Kim for the alleged violation of anti-graft laws.

Yonhap

You can read more at the link.

Expect Lee Jae-myung to play up his one centimeter puncture wound as much as possible:

Rep. Lee Jae-myung, the leader of the main opposition Democratic Party (DP), speaks to reporters in front of Seoul National University Hospital on Jan. 10, 2024, eight days after he underwent surgery on a knife wound sustained in an attack. (Yonhap)

Opposition leader Lee Jae-myung will not be able to attend hearings in his corruption trial for the time being because he has yet to recover from a stabbing attack, his legal representative said Friday.

“It seems it will be hard (for Lee) to attend the trials for now,” Lee’s lawyer said during a preparatory hearing held at the Seoul Central District Court. “On the face of it, he seemed to have trouble even speaking.”

Yonhap

You can read more at the link, but I am not a doctor, but I am not sure how a one centimeter wound to the juglar vein impacts the vocal cords?

It has finally happened, Korea has passed the ban on dog meat. This ban will go into affect in 2027 giving people in the industry three years to find another job:

The National Assembly passed a special bill banning dog meat consumption Tuesday, paving the way for ending the practice that has fallen out of favor in recent decades.

The bill, which bans the breeding, butchering, distributing and selling of dogs for meat, passed through the parliament with 208 votes in favor and 2 abstentions.

The ruling People Power Party (PPP) and the main opposition Democratic Party (DP) have jointly pushed for the ban amid growing awareness of animal rights and an increasing number of pet owners in the country.

The bill also calls for providing subsidies to help people in the dog meat industry switch jobs.

Yonhap

You can read more at the link.

It looks like Lee Jae-myung will be fine after having successful surgery after being stabbed in the neck. The would eneded up only being one centimeter so that shouldn’t have been too hard to stich up and repair. What everyone is waiting to find out is why did the attacker stab Lee?:

Police identified the suspect as a man born in 1957 and surnamed Kim. He used an 18-centimeter-long knife purchased online for the attack, police said.

The Busan Metropolitan Police Agency said it plans to charge Kim with attempted murder, as he has confessed to intending to kill Lee.

“An investigation is under way for matters such as the exact motive,” Soh Je-han, an officer at the agency, told a press briefing.

Police said they are currently investigating whether Kim is a member of any political party.

The suspect was also found to have been around the site of an event Lee attended in Busan last month.

Video footage uploaded on YouTube shows the suspect waiting for Lee in the crowd but being unable to make close contact. The suspect was wearing the same paper crown with the words “I’m Lee Jae-myung” as he did Tuesday.

Yonhap

You can read more at the link, but the last case of political violence liked this was against the DPK head who was campaigning for Lee back in 2022 when he was running for President. Song Young-gil was attacked by a leftist anti-US whacko with hammer. The guy later committed suicide in prison after the attack. If the guy that stabbed Lee ends up being another leftist whacko you will hear little more about this attack, however if he ends up being a right wing whacko expect the DPK and the media to blame President Yoon for the attack.

This is horrible and hopefully Lee Jae-myung is able to fully recover from this attack:

 Opposition leader Lee Jae-myung was attacked during a visit to the southeastern port city of Busan on Tuesday and taken to a hospital while conscious.

Lee, chairman of the main opposition Democratic Party, was attacked on the left side of his neck by an unidentified man at 10:27 a.m. during a question and answer session with reporters after touring the construction site of a new airport on Busan’s Gadeok Island.

Lee was transferred to Pusan National University Hospital approximately 20 minutes after the attack.

At the time of the transfer, Lee remained conscious, but the bleeding continued.

The male suspect, pretending to be one of Lee’s supporters, approached the politician asking for an autograph and then carried out the attack with an unidentified weapon approximately 20-30 centimeters in length, according to eyewitnesses. 

He was arrested at the scene.

Yonhap

You can read more at the link, but this is not the first time political violence like this has happened in South Korea. Park Geun-hye was slashed in the face in 2006 and U.S. Ambassador Mark Lippert’s face and neck back in 2015. Hopefully the man that committed this latest political violence spends a long time in jail.

The tsunami waves in South Korea got up to 67 inches which is just over 2 feet, so fortunately these were pretty small waves that hit South Korea:

South Korea reported small tsunamis in parts of the East Sea on Monday following a major earthquake off Japan’s west coast.

The Korea Meteorological Administration (KMA) said a 7.6 magnitude quake that struck Ishikawa and nearby prefectures around 4 p.m. caused minor tsunamis in waters off South Korea’s east coast province of Gangwon on Monday evening.

According to the KMA, a wave off the east coast city of Gangneung reached 20 centimeters at 6:01 p.m., while a wave seen off another coastal town of Donghae was measured at 45 centimeters at 6:05 p.m.

As of 8 p.m., a tsunami wave had hit 67 centimeters off Mukho, a district in Donghae. Earlier in the day, the KMA had estimated that the maximum vertical height of the tsunami waves in the region would stay below 50 centimeters — a level that will prompt a tsunami warning. The KMA also said even waves at 20 to 30 centimeters can still cause damage.

Yonhap

You can read more at the link.

As usual the numbers in the article are used to provoke a reaction that women are being treated unfairly in Korean workplaces, however without further information these numbers do not prove that point. For example are Korean women primarily working in lower wage occupations compared to males? This article doesn’t say, but I suspect that is probably the biggest reason for the wage gap. If someone did a study that showed males were making more than females in the same occupation with the same hours worked and time in service then it would be a meaningful study:

While the wage gap between men and women is narrowing slowly in Korea, female workers still make only 70 percent of what their male counterparts earned per hour last year, according to a report co-published by the gender and labor ministries on Wednesday.

The average hourly wage of female workers was 18,113 won ($14) in 2022, while male workers earned 25,886 won, according to the “Women’s Economic Activity White Paper 2023.” This means that even though they work the same amount of time, women earn only 70 percent of what men receive.

However, the general wage gap has narrowed gradually, from 64.8 percent in 2012 to 65.9 percent in 2017, 69.8 percent in 2021, and 70 percent in 2022. Last year, the average monthly wage of men was 4.12 million won, compared to 2.68 million won for women.

Korea Times

You can read more at the link.

Considering all the criticism past elections have been receiving that is impacting public confidence in elections, hand counts verifid by a machine count I think is the most effective way of maintaining election creditability which is what Korea plans to do:

The National Election Commission (NEC) said Wednesday it will introduce a manual ballot counting system for general elections in April in an effort to ensure transparency and prevent potential election rigging.

Currently, machines are used to sort out and count votes. 

Under the envisioned new system, however, ballots will first be sorted out by machines, and election staff will manually check all of them before putting them into the counting machines.

“It is meant to boost transparency and credibility over the course of the elections to prevent vote-rigging suspicions,” the commission said, adding that repeated suspicions over election fraud have “hampered national unity and fostered the boycott of election results.”

It is expected to take longer for the commission to confirm election results under the new system, and the commission will significantly beef up personnel for the process.

Yonhap

You can read more at the link.