試す - 無料

S. Korea’s Lee says martial law perpetrators must face justice

Business World Philippines

|

December 04, 2025

South Korean President Lee Jae Myung said on Wednesday there was still work to be done to address the fallout of the failed martial law bid by his predecessor a year ago, and the country needed to ensure the perpetrators were brought to justice.

Marking the first anniversary of the shock announcement of martial law on Dec. 3, 2024, Mr. Lee said former President Yoon Suk Yeol’s action had threatened an irreparable setback to the country, but the people rose up and stopped the military with their bare hands.

“The recklessness of those who tried to destroy constitutional order and even plan a war all for their personal ambitions must be brought to justice,” he said.

“The Dec. 3 coup detat was not just a crisis for democracy in one country. If democracy in South Korea collapsed, it would have meant a setback... for world democracy.”

Mr. Yoon’s martial law declaration plunged a country that had been viewed as a democratic success story into months of political turmoil, just as US President Donald J. Trump’s decision to impose tariffs on global trading partners rattled South Korea’s export-reliant economy.

Business World Philippines からのその他のストーリー

Business World Philippines

PNB, Discovery Capital Finance ink partnership to boost SME lending

PHILIPPINE National Bank (PNB) has partnered with Discovery Capital Finance Corp. (DCFC) for a loan facility to boost financing for small and medium enterprises (SMEs).

time to read

1 mins

December 18, 2025

Business World Philippines

Business World Philippines

PHINMA Education adds 12,000 slots with new Quezon City, Cebu buildings

PHINMA EDUCATION Holdings, Inc. said it aims to enroll 12,000 additional students at its Quezon City and Cebu educational institutions with the inauguration of new buildings.

time to read

1 mins

December 18, 2025

Business World Philippines

Yields on seven-day deposits drop further after Fed, BSP cuts

YIELD on the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposits fell on Wednesday as the offer was met with strong demand following cuts to benchmark rates here and in the United States.

time to read

2 mins

December 18, 2025

Business World Philippines

AMRO says impact of BSP rate adjustments are delayed, limited

THE TRANSMISSION of the Bangko Sentral ng Pilipinas' (BSP) monetary policy adjustments into the financial system remains delayed and limited, a report from the ASEAN+3 Macroeconomic Research Office (AMRO) showed.

time to read

1 mins

December 18, 2025

Business World Philippines

Business World Philippines

Château Angélus: Still chiming in Manila

WHEN Hubert de Boüard, owner of Château Angélus, arrived in Manila last month to host a wine dinner at Wine Story in BGC Taguig, the atmosphere was charged with anticipation.

time to read

5 mins

December 18, 2025

Business World Philippines

IPO activity stalls in Philippines amid market slump and fallout from flood control scandal

INITIAL PUBLIC OFFERINGS (IPOs) on the Philippine Stock Exchange (PSE) slumped to just two this year as uncertainty over US tariffs and a high-profile corruption scandal weighed on investor sentiment, according to analysts.

time to read

4 mins

December 18, 2025

Business World Philippines

More rate cuts could reignite inflation, hurt US Fed’s credibility, Bostic says

Further interest rate cuts could put US monetary policy on an accommodative footing that stimulates economic growth and puts the country at risk of a new jump in inflation and inflation expectations, Atlanta Federal Reserve President Raphael Bostic said on Tuesday.

time to read

1 mins

December 18, 2025

Business World Philippines

Federal Land, Inc. divests 52% stake in Crown Central

FEDERAL LAND, INC. (FLI), the property arm of GT Capital Holdings, Inc., and its subsidiary Horizon Land Property Development Corp. have sold their combined 52% stake in Crown Central Properties Corp. to Crown Equities, Inc. (CEI) for a total of P73.48 million.

time to read

1 mins

December 18, 2025

Business World Philippines

Business World Philippines

Coupang CEO fails to appear at South Korean parliamentary hearing on data breach

The founder of South Korea’s Coupang failed to appear before a Wednesday parliamentary hearing about the massive data breach at the e-commerce giant, angering lawmakers who said they would hold him responsible.

time to read

1 mins

December 18, 2025

Business World Philippines

House approves bill amending bank secrecy law on second reading

THE HOUSE of Representatives on Monday approved on second reading a bill amending the Philippines' decades-old bank secrecy law, allowing the Bangko Sentral ng Pilipinas (BSP) to look into the accounts of bank officers and employees involved in illegal financial activities.

time to read

2 mins

December 18, 2025

Listen

Translate

Share

-
+

Change font size