Round-up: Today’s top stories in the morning papers in Korea (October 14, 2016)
1. The National Tax Service of South Korea underwent a tax investigation on subsidiaries of Chosun-Ilbo. While the investigation took place after the newspaper casted doubts on Senior Secretary for Civil Affairs Woo Byung-woo, experts pointed out that the tax probe on media press conducted by the headquarters is unusual as it is usually carried out by the regional tax office.
You are dead if the government does not like you. Who knows? Chosun-Ilbo may become an activist with a band around their head.
2. Chung Woon-chun, the lawmaker of Saenuri Party, is under criticism as he said he hoped to send about 100,000 young Koreans to Cambodia as 1 million Korean won brings 10 million won effects in Cambodia. The lawmaker also added in the parliamentary inspection reports that the Korean government should actively pursue the so-called “Sending 100,000 young Koreans to remote areas to explore jobs business.”
Let’s do a fundraising campaign for Chung Woon-chun. Let’s give him some money and send him remote areas to find jobs.
3. The unemployment rate recorded 3.6% in South Korea, marking the highest in 11 years, which increased start-up businesses led by retirees and unemployed. With skyrocketing youth unemployment, the country’s jobless rate worsened the job market in South Korea.
The so-called self-destructing private businesses are rampant again. There are an only certain number of people who make money.