Tuesday, November 26, 2019
Round-up of important news from major Korean dailies and from international media today
The Korea Post (http://www.koreapost.com/)
S. Korea, ASEAN to adopt joint vision statement in Busan summit
South Korea and the Association of Southeast Asian Nations (ASEAN) will lay out a vision for their future partnerships on Tuesday, wrapping up a two-day special summit here.
Moon recommends 'people-centered inclusive' relations between ASEAN and Korea
President Moon Jae-in of the Republic of Korea presented a 3-point vision today (Nov. 25, 2019) for partnership between Korea and the Association of Southeast Asian Nations (ASEAN) countries, at the CEO Summit in Busan, Korea on the sidelines of their special summit to celebrate the 30th anniversary of dialogue relations.
“Omani-Korean relations witness progress in political, economic, cultural, defense, various other areas”
Ambassador Mohamed Salim Alharthy of the Sultanate of Oman in Seoul said, “the Omani-Korean relations have witnessed progress in various political, economic, cultural, defense and other fields.”
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KBS (http://world.kbs.co.kr/english/news/)
S. Korea, ASEAN to Adopt Joint Vision Statement after Special Summit
South Korea and the Association of Southeast Asian Nations(ASEAN) will on Tuesday adopt a joint statement that lays out a vision for future partnerships at the conclusion of a special summit in Busan.
S. Korean Rail Operations Back to Normal following Union Strike
Railway operations in South Korea were fully restored Tuesday as unionized rail workers ended a five-day strike.
The workers were ordered the previous day to return to work from 9 a.m. after reaching a deal with management over pay and working conditions.
S. Korea Says North's Firing Drills Violate Sept. 19 Military Agreement
South Korea's Defense Ministry has expressed regret over North Korean artillery firing drills on an islet near the inter-Korean border, saying it violated a bilateral military agreement.
Ministry spokesperson Choi Hyun-soo relayed the position at a regular briefing on Monday.
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Yonhap (http://english.yonhapnews.co.kr)
Ambassador hopes GSOMIA decision helps strengthen S. Korea-U.S. ties
South Korea's ambassador to the United States voiced hope Monday that Seoul's decision to tentatively extend a military information-sharing pact with Japan will bolster its ties with Washington.
Malaysia's Mahathir hails Seoul's 'look south policy,' affirms plan to embrace Pyongyang
Malaysian Prime Minister Mahathir Mohamad held out expectations Tuesday for this week's special summit between South Korea and the Association of Southeast Asian Nations (ASEAN), saying they can further develop win-win partnerships.
Japan mentioned one-month time frame for export curb retraction: sources
Japan has mentioned a specific time frame to retract its export curbs against South Korea, sources said Monday, in a concession that contradicts claims Tokyo did not yield an inch in negotiations that led to Seoul's decision last week to suspend the expiry of a bilateral military pact.
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The Korea Herald (http://www.koreaherald.com)
Korea, ASEAN leaders highlight cooperation
The declaration was adopted after President Moon Jae-in’s bilateral summit with President Joko Widodo of Indonesia held on the sidelines of the ASEAN-ROK Commemorative Summit that kicked off in Busan.
Smart plant solutions, green cars eye fast-growing ASEAN markets
Forty-five South Korean companies exhibited and demonstrated their new technologies related to the “fourth industrial revolution,” from green cars to smart factory solutions, in a bid to create more business opportunities in the fast-growing ASEAN markets.
Jim Rogers foresees bright, exciting future for S. Korea
Renowned American businessman and financial commentator Jim Rogers, chairman of Rogers Holdings, said Monday that the Korean Peninsula will become very appealing in the next couple of decades, while the ASEAN region will also emerge as a hot market for investments.
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The Korea Times (http://www.koreatimes.co.kr)
Moon, ASEAN leaders discuss peace, co-prosperity
President Moon Jae-in held a series of bilateral summits on the first day of the Korea-ASEAN Commemorative Summit in Busan, Monday, where he discussed various modes of mutual cooperation for peace and co-prosperity. Moon also invited the nine attending heads of state and representatives of delegations and businesses to a state dinner.
'ASEAN market top priority for Woori Financial Group'
Woori Financial Group will place a top priority on the ASEAN market in order to speed up its overseas expansion and become a leading financial group in Asia, Chairman Sohn Tae-seung said Monday.
Fans, celebrities reeling from Goo Ha-ra's death
Another sudden death of a K-pop singer has shocked the nation just a month after Sulli saddened Korean and overseas fans by committing suicide.
Fellow celebrities left tributes to Goo Ha-ra, who was found dead at her home in southern Seoul on Sunday, on social media.
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Chosun Ilbo (http://english.chosun.com)
Incentives Fail to Motivate Couples to Have Kids
A nugatory 2.6 percent of the population are minded to have more children despite government spending of over W2 trillion a year to raise Korea's dwindling birthrate, a poll suggests (US$1=W1,177).
The Korea Institute for Health and Social Affairs recently released a poll of 1,139 households who were paid childcare allowances last December.
Ex-Felons to Be Banned from Taking Mail-Order Brides
The toughened measures follow a string of reports of Korean husbands abusing or even murdering their foreign wives. A multilingual emergency app in 13 languages will also be launched late next year, so that foreign wives can report domestic violence.
Korea to Host World's Biggest Benefit Concert
The world's biggest benefit concert is set to take place in Korea next year.
The Global Goal Live: The Possible Dream will be held in Seoul on Sept. 26, 2020, according to SM Entertainment, which will be in charge of putting on the event.
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HanKyoReh Shinmun (http://english.hani.co.kr)
S. Korea responds to Japanese media’s inaccurate reports of GSOMIA victory
The Blue House delivered a message of warning to the Japanese government on Nov. 24 over its claims that Seoul’s announcement of a conditional suspension to the termination of the two sides’ General Security of Military Information Agreement (GSOMIA) constituted a “lopsided victory” for Tokyo.
Moon, Abe may hold summit in China next month
South Korean President Moon Jae-in and Japanese Prime Minister Shinzo Abe appear to be preparing for a summit in China next month. The next question is whether they will be able to reach some form of comprehensive agreement to address the complex web of issues causing friction between the two sides
Kim Jong-un provides on-site guidance of N. Korea’s artillery drills on islet near NLL
North Korea conducted artillery drills, ordered by leader Kim Jong-un, on Changrin Islet, just above the Northern Limit Line (NLL), on Nov. 25. South Korea responded by calling the drills a violation of the Comprehensive Military Agreement (CMA), signed by the two Koreas on Sept. 19, 2018.
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The Dong-A Ilbo (http://english.donga.com/)
Kim Jong Un orders artillery firing in Yellow Sea buffer zone
Pyongyang announced that it fired artillery shells on an island near the Yellow Sea under North Korean leader Kim Jong Un’s instruction on Monday, the opening day of Korea-ASEAN Special Summit. “We find it regrettable that the North carried out artillery firing drills across the buffer zone of the Yellow Sea,” said the Defense Ministry of South Korea.
‘Asia needs to become one team to create global content,’ says SK Telecom CEO
“Asia needs to become one team to create global content,” said SK Telecom President Park Jung-ho on Monday at the ASEAN-ROK Culture Innovation Summit, which was held at BEXCO in Busan’s Haeundae District.
Ko Jin-young captures LPGA Official Money title and Vare Trophy
South Korean golfer Ko Jin-young finished tied for 11th (11-under 277), capturing the 2019 Official Money title with 2,773,894 dollars and the Vare Trophy for the lowest scoring average 969.06. Ko has already won LPGA’s major awards this season, including the Rolex Player of the Year award and the Rolex Annika Major Award.
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The KyungHyang Shinmun (http://english.khan.co.kr/)
Cheong Wa Dae, "Abe's Comment on South Korean Concession Raises Questions about His Conscience
On November 24, Cheong Wa Dae responded to the Japanese government's announcement on the partial agreement to extend the General Security of Military Information Agreement (GSOMIA) with Japan and said, "It is completely different from what was previously discussed.
Japan Responds to Concerns about Contaminated Water from Fukushima and Says, "No Decision Made on the Treatment Method"
The environment ministers of South Korea, China and Japan shared their awareness of the gravity of the fine dust problem and decided to strengthen environmental cooperation in Northeast Asia. South Korea and China plan to hold working-level talks soon to strengthen environmental cooperation.
Household Income Polarization Eases for the First Time in 4 Years
The income of the bottom-tier households increased in the third quarter of this year, reducing the gap with the top-tier households for the first time in four years. It appears the government's policies to support the low-income households, such as the expansion of earned income tax credits, were effective.
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Maeil Business News Korea ( http://www.pulsenews.co.kr/)
Southeast Asian leaders gather in Busan, Korea for 3-day special summit
Leaders from nine Association of Southeast Asian Nations (ASEAN) members and over 14,000 guests gathered in Busan, a southern port city of South Korea, for a regional summit and conference to cement ties.
Korean novel drug pipeline in spotlight after SK epilepsy drug entry in U.S.
SK Biopharmaceuticals’ epilepsy drug cenobamate, the first FDA-approved drug independently developed by a Korean company, brings renewed attention to other homegrown brands tapping the world’s largest pharmaceutical market.
Korean shipbuilders brace for rebound on strong LNG ship demand
South Korea’s three major shipbuilders are poised to come out of a protracted slump as it is sweeping up global orders for liquefied natural gas (LNG) vessels amid growing demand for environmentally-friendly vessels.
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