If the naval base contruction keep going, It is really favorable for us.
We can get more efficient position aginst china and Japan. For the military purpose, military troops easy to go to east sea or west sea of korea penisula. They can improve the mobility of their military resources compare to they are in west sea or east sea. Although there are many opposite opinion in jeju residents, It's extremely necessary for our national military defense. If the war break out in korea penisula, Japan can easily get to pusan and jeju. In the same manner, China can approach to many islands of our west sea. Thus, Construction of the naval base is related to Korean national defense. As a result, I agree that construction will be keep going. I thinks environmental pollution is inevitable.
2011년 12월 14일 수요일
2011년 11월 13일 일요일
Koreans overreact over Dokdo issue
“Due to the national crisis in Japan, the results of the review of middle school textbooks is of no importance,” said Katsuhiro Kuroda, the Seoul bureau chief of the Sankei Shimbun Wednesday. “I am especially worried that the Koreans are reacting too sensitively about this. I believe it best to let the issue rest.”
During a radio interview with the PBC (Pyeonghwa Broadcasting Corporation) Kuroda said, “Japan’s fiscal year starts in April and the review was already scheduled to happen. It doesn’t make sense to reschedule just because of Koreans.”
When the interviewer pointed out that many Japanese people were against the textbook issues for it may bring even more tension between the two countries, the bureau chief replied, “I believe that’s an excessive interpretation.”
“We are not including the territory disputes because we want something out of it. Actually, it’s because we want to talk about the issues we have with Russia and China. If we add those issues in, we have to talk about Dokdo, too. However, we have erased texts that talk about Japan’s imperialism and militarism in order to reflect on our past mistakes.
“It’s only natural for countries to use textbooks to educate students on national matters. We have to acknowledge this fact,” Kuroda claimed.
“Japan can’t really do anything about the island because Korea has been governing the area for more than half a century. Even if the textbooks do get published, it’s nothing to get overly excited about.”
property price(real-estate rent)
House price boom is over
“It’s certain that the days of splurging on houses as an investment is all but over, and this trend may lead the country down the path of Japan,” Lee said. “It’s hard to imagine the house-price booms of the mid-2000s happening again.”
Kim cited the imbalance of housing supply and demand, as well as the aging population as key factors leading to a potential long-term recession.
Nomura Securities chief economist Kwon Young-sun has warned Korea may be in danger of suffering a Japan-like collapse of the real estate market if the Bank of Korea (BOK) continues on its low rate trajectory.
In a report released in January, titled “Part II: South Korea Reminiscent of late-1980s Japan,” Kwon claimed there were “striking parallels” between Korea’s monetary policy and that of Japan 20 years ago.
“Although Korea is likely to avoid a rise in asset prices for housing and equities due to government limits on property costs and strict bank lending to market investors, it is still in danger of ‘speculative demand for corporate bonds’ and excessive borrowing by households resulting from low interest rates,” he wrote.
On March 10, the BOK hiked its policy rate by 25 basis points to 3 percent in a bid to tame inflation but Korea’s central bank has been blamed for moving too late and is falling behind the inflation-fight curve.
Kwon said if the government prolongs its deregulation of mortgage financing, which is supposed to end in March, it would make the credit channel ineffective as mortgages have already picked up markedly since the fourth quarter of 2010.
“Such a ‘growth over inflation’ policy could be positive for asset prices, strengthening investors’ bullish expectations, but this may also deteriorate the transmission mechanism of the monetary policy through the expectation channel,”
“It’s certain that the days of splurging on houses as an investment is all but over, and this trend may lead the country down the path of Japan,” Lee said. “It’s hard to imagine the house-price booms of the mid-2000s happening again.”
Kim cited the imbalance of housing supply and demand, as well as the aging population as key factors leading to a potential long-term recession.
Nomura Securities chief economist Kwon Young-sun has warned Korea may be in danger of suffering a Japan-like collapse of the real estate market if the Bank of Korea (BOK) continues on its low rate trajectory.
In a report released in January, titled “Part II: South Korea Reminiscent of late-1980s Japan,” Kwon claimed there were “striking parallels” between Korea’s monetary policy and that of Japan 20 years ago.
“Although Korea is likely to avoid a rise in asset prices for housing and equities due to government limits on property costs and strict bank lending to market investors, it is still in danger of ‘speculative demand for corporate bonds’ and excessive borrowing by households resulting from low interest rates,” he wrote.
On March 10, the BOK hiked its policy rate by 25 basis points to 3 percent in a bid to tame inflation but Korea’s central bank has been blamed for moving too late and is falling behind the inflation-fight curve.
Kwon said if the government prolongs its deregulation of mortgage financing, which is supposed to end in March, it would make the credit channel ineffective as mortgages have already picked up markedly since the fourth quarter of 2010.
“Such a ‘growth over inflation’ policy could be positive for asset prices, strengthening investors’ bullish expectations, but this may also deteriorate the transmission mechanism of the monetary policy through the expectation channel,”
Jeju chosen as 'new natural wonder'
JEJU ISLAND -- The southern South Korean resort island of Jeju has been named as one of the new seven natural wonders of the world in a worldwide poll, a Switzerland-based organization announced Saturday.The subtropical volcanic island, located 130 kilometers off the southern coast of the Korean Peninsula, was selected along with Brazil's Amazon region, Halong Bay in Vietnam, Argentina's Iguazu Falls, Indonesia's Komodo National Park, the Puerto Princesa Underground River in the Philippines and South Africa's Table Mountain, according to the New7Wonders foundation in Zurich.
Jeju Island had been vying against 27 other natural sites in a project initiated by the Switzerland-based nonprofit organization in 2007.
Voting to select the New7Wonders began in July 2009 on the Internet and by phone, with the last vote being received on Friday.
South Korean President Lee Myung-bak congratulated Jeju on being picked as the new natural wonder prior to departing for the 19th Asia Pacific Economic Cooperation summit meeting.
He said that the selection is noteworthy because it was carried out by popular vote from people living all over the world.
"More effort must be made to develop and preserve the island's beauty so it can become a natural heritage for all mankind," he said. The president voted for Jeju in September and had been one of the staunch supporters of the bid.
This view was echoed by the National Committee for Jeju New7Wonders of Nature, an organization to help the island. Former Prime Minister Chung Un-chan, who led the organization, said the selection represents global recognition that the island has the potential to become one of the most attractive tourist destinations in the world. Such a development could have long-term economic benefits for Jeju.
Known for a combination of scenic mountains, waterfalls, forests, caves and beaches, Jeju has been popular with South Korean honeymooners and tourists from neighboring countries such as China and Japan.
"A good harmony of human and nature is the characteristic of Jeju Island," Chung said.
He said the selection of Jeju as a natural wonder will boost the country's image as a tourist and cultural spot in addition to its fame for speedy industrialization and democratization.
"Most of all, the tourism revenue of Jeju Island will sharply increase and other regions of South Korea will have related effects," Chung said. "The enhancement of its national status will have a more valuable effect."
Reflecting this, the Jeju Development Institute, a local think tank, said the annual number of foreign tourists may rise a maximum 73.6 percent, translating into an additional 1.2 trillion won ($1.06 billion) for the local economy.
Jeju Governor Woo Geun-min also said that it will open a new chapter in the island's tourism industry.
"Now, we have gained confidence that Jeju can be attractive to the world," he said. He vowed that the island will use the opportunity to bolster its tourism industry to the next level.
The Jeju regional administration said that efforts will be made to work with the other new seven wonders sites and to boost the island's many awe-inspiring natural assets in cooperation with the central government.
The island will push for a special law to win more national support and expand important infrastructure such as its airport to accommodate more visitors.
In 2002, Jeju was designated as a "biosphere reserve" by UNESCO and listed as a World Natural Heritage Site in 2007. It was also awarded "geopark" status last year, becoming the only place on the planet to receive all three UNESCO honors.
It, however, suffered from a slow start, having set up a support committee one year after rivals in other countries. The relatively small number of people on the island and low overseas awareness of its beauties were other obstacles it had to overcome.
The Swiss foundation, meanwhile, said the announcement reflects provisional results of the voting and that the calculations are now being validated and independently verified with the confirmed winners to be announced early next year during the official inauguration ceremonies.
Jeju Island authorities, however, claimed that there is little likelihood of any changes in the results.
2011년 9월 19일 월요일
피드 구독하기:
글 (Atom)