Poging GOUD - Vrij
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.
Dit verhaal komt uit de December 04, 2025-editie van Business World Philippines.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business World Philippines
Business World Philippines
Police investigate deaths of filmmaker Rob Reiner and wife as apparent homicide
Actor-director and political activist Rob Reiner and his wife were found dead in their Los Angeles home on Sunday, and police detectives are investigating the circumstances as an apparent homicide, city officials said.
2 mins
December 16, 2025
Business World Philippines
Asialink secures $50M in fresh funds under ADB credit facility
ASIALINK FINANCE Corp. (AFC) has secured $50 million in additional funding support as it looks to expand its lending to micro, small, and medium enterprises (MSME) across the Philippines.
1 min
December 16, 2025
Business World Philippines
Manila Water, Maynilad to hike rates next year
RESIDENTIAL HOUSEHOLDS in Metro Manila will see higher water bills in the first quarter of 2026 as the regulator approved the rate adjustments sought by the two concessionaires.
2 mins
December 16, 2025
Business World Philippines
Deutsche Bank sees 25-bp cut in Feb.
THE BANGKO SENTRAL ng Pilipinas (BSP) might deliver a sixth straight rate cut at its first policy meeting next year as weak domestic and external economic prospects could drag growth, Deutsche Bank Research said.
2 mins
December 16, 2025
Business World Philippines
Meralco seeks bids for 200-MW renewable energy supply
MANILA ELECTRIC CO. (Meralco) has launched a competitive selection process (CSP) to procure 200 megawatts (MW) of baseload renewable energy (RE) to comply with its renewable portfolio standards (RPS) obligations, the company said on Monday.
1 min
December 16, 2025
Business World Philippines
IMF lowers PHL growth forecasts for 2025 and 2026
THE PHILIPPINE ECONOMY is seen to grow below target until next year, as higher US tariffs dampened exports and investments, the International Monetary Fund (IMF) said on Monday.
2 mins
December 16, 2025
Business World Philippines
NEO Office PH eyes full occupancy next year
OFFICE developer NEO Office PH expects to achieve full occupancy next year as leasing demand from business process outsourcing (BPO) companies and small and medium enterprises (SMEs) remains strong, company officials said.
2 mins
December 16, 2025
Business World Philippines
Remittances jump by 3% in October
Slowest growth in five months
3 mins
December 16, 2025
Business World Philippines
BTr fully awards last T-bill offer as yields mostly move sideways
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at mixed rates amid weakening market activity before the yearend and following the US Federal Reserve and Bangko Sentral ng Pilipinas’ (BSP) policy decisions.
2 mins
December 16, 2025
Business World Philippines
PHL sees 2.16% drop in tourist arrivals
VISITOR ARRIVALS in the Philippines fell by 2.16% in the first 11 months, amid a decline in tourists from South Korea and China, Tourism department data showed.
2 mins
December 16, 2025
Listen
Translate
Change font size
