कोशिश गोल्ड - मुक्त

Yoon poised for lame duck period as defeat looms for his party

The Straits Times

|

April 11, 2024

South Korean opposition set to have two-thirds majority in National Assembly

- Wendy Teo

Yoon poised for lame duck period as defeat looms for his party

SEOUL With exit polls on April 10 indicating a significant election defeat for South Korea's ruling People Power Party (PPP), analysts have warned that President Yoon Suk-yeol's administration may be crippled in the National Assembly and be unable to push through policies.

They also say the opposition's anticipated victory signals the people's desire to punish the President for his administration's poor management, especially in economic matters, and should serve as a wake-up call for him to change the take-no-prisoners leadership style he has become known for.

As at 11pm Singapore time on April 10, the opposition Democratic Party (DP) had secured 159 seats and PPP 92, with 70 per cent of votes tallied.

Some 29.66 million people, or 67 per cent of eligible voters, cast their ballots on April 10, marking the highest voter turnout for National Assembly elections since 1992.

Preliminary indicators show that DP, the largest opposition party, could sweep 184 to 197 seats up from the 156 it currently holds in the 300-seat National Assembly. A two-thirds majority would give it the power to amend the Constitution.

Exit polls released by major broadcasters of about 500,000 people at 2,000 polling stations nationwide showed that PPP will win not more than 100 seats. It currently holds 114 seats.

Exit polls are largely on target, having last accurately predicted President Yoon's win over biggest rival Lee Jae-myung during the 2022 presidential election.

The final results are expected to be released only on April 11, as the ballot papers are being manually counted for the first time in 30 years. Election officials have said that machine sorting followed by manual counting would ensure transparency and prevent potential election rigging.

The Straits Times से और कहानियाँ

The Straits Times

DBS shares cross $55 mark for first time as Q3 earnings beat forecast

Shares of DBS surged past $55 for the first time on Nov 6 after Singapore’s largest bank posted a smaller-than-expected drop in third-quarter earnings as lower interest rates squeeze margins.

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

Coliwoo closes at 58.5 cents in SGX debut, 2.5% below IPO price

Shares of co-living operator Coliwoo fell 2.5 per cent below their initial public offering (IPO) price on their first day of trading on the Singapore Exchange.

time to read

1 mins

November 07, 2025

The Straits Times

The Straits Times

Real negotiations, commitment needed to resolve Mid-East conflict, says Vivian

Progress on ceasefire hopeful, and S’pore will offer help where it can, says minister

time to read

5 mins

November 07, 2025

The Straits Times

The Straits Times

US Supreme Court hears case on legality of Trump's tariffs, with implications for S'pore

Spain, France, Switzerland, Canada, Brazil and China came up for a mention in the three-hour debate in the United States Supreme Court about President Donald Trump's favourite instrument for all seasons tariffs.

time to read

5 mins

November 07, 2025

The Straits Times

The Straits Times

80 people, 20 teams lauded at Healthcare Humanity Awards

They include retiree who helped a woman get back on her feet after years of isolation

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

Majority of F&B outlets that shut in 2025 did not last over 5 years

Of these, 82 per cent had never recorded a profit in their annual tax declarations, says DPM Gan

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

Independent candidates in GE2025 among those applying to be NMPs

The two independents who ran in May’s General Election have thrown their hats in the ring for consideration as Nominated MPs (NMPs).

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

7-Eleven aims to redefine convenience in S’pore with store revamps

Move reflects its strategy to evolve beyond essentials and tap into lifestyle spending

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

Abused child deaths: Social workers support plan for independent reviews

It is a step towards greater accountability, transparency and collective learning, they say

time to read

3 mins

November 07, 2025

The Straits Times

The Straits Times

LONGCHAMP SETS UP HOME IN SHANGHAI

The luxury brand's new store in the Chinese city is housed in a 1940s villa and styled like a French family home

time to read

9 mins

November 07, 2025

Listen

Translate

Share

-
+

Change font size