The Korean daily media headlines and humor

The strength of the palm tree is it’s branches.
- A Ghanaian proverb

African people see that invisible universe when they look at, hear or feel the visible and tangible world.
- An African proverb

A man dies but his tongue dose not rot.
-A Ghanaian proverb

BOK head downplays deflation concerns
South Korea's top central banker on Wednesday downplayed concerns that the country may face deflation, given the underlying price pressure and inflation expectations.

S. Korea rebukes Japan over Dokdo claim in security plan
South Korea rebuked Japan Tuesday for repeating "unjustified" territorial claims to Seoul's easternmost islets of Dokdo in its new national security strategy outline.

N. Koreans pledge loyalty to leader on key anniversary
North Koreans vowed Tuesday to faithfully follow their leader Kim Jong-un as they marked the second anniversary of the death of Kim's father and former leader Kim Jong-il.
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The Korea Herald (http://www.koreaherald.com)

Kim attends ceremony with wife, but Jang’s spouse absent
North Korean leader Kim Jong-un’s aunt did not appear at an all-important ceremony Tuesday to mark the second anniversary of the death of Kim’s father and former ruler Kim Jong-il, further fanning speculation about her health and influence following her husband’s shock execution last week.

News ListDefense minister raises possibility of N.K. provocations
Defense Minister Kim Kwan-jin on Tuesday raised the possibility of North Korean provocations between late January and early March, calling for full preparedness and tighter troop d...

Hyundai Group may face liquidity crisis, insiders say
Some market insiders said Tuesday that Hyundai Group could undergo a liquidity crisis as its fl...

Gianna Jun proves aging is good
With her long, lean legs, velvety hair, and sassy image, Jun Ji-hyun ― known as Gianna Jun in ...

Park to meet ruling party officials on e...

Daewoo E&C probed for accounting fraud

Only 16% of Japanese trust Korea: Yomiur...

Nephew of N.K. leader sighted despite ru...

Court calling

Student caught trying to hack into profe...

Park seeks security office boost as N.K....

Park calls on conglomerates to increase ...

Korea to expand support for firms introd...

Sweepers donate 18 million won from disp...

Stars pose to encourage adoption

Santa visits remote Alaskan Eskimo villa...

OpenIDEO Seoul invites you to apply desi...

Calendar sale helps dog sanctuary

EU pledges readiness to lift Iran sancti...
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The Korea Times (http://www.koreatimes.co.kr)

'NK may act out in next 3 months'
Defense Minister Kim Kwan-jin said Tuesday that growing instability in North Korea following last week's execution of the once-powerful Jang Song-thaek, the uncle of North Korean leader Kim Jong-un, could push the communist coun...

Did Kim purge aunt as well?
North Korean leader Kim Jong-un's aunt Kim Kyong-hui was a no-show at two major events marking the second anniversary of the death of former dictator Kim Jong-il, her older brother.

GM reduces Korean operations 
General Motors (GM) and Renault SA are scaling down the workforce at their Korean operations, whic...

KB worker at Tokyo branch found dead  
An employee at KB Kookmin Bank’s Tokyo branch was found dead in the branch’s own library in an app... 

Forum split over how to reform NIS  
Lawmakers and experts engaged in fierce debate Tuesday over whether the National Intelligence Serv... 

Korea hopes 'Nut Job' will boost local animation industry 
It’s no secret that the Korean film industry has seen dramatic growth over the last decade. The la... 

Subway workers to join strike today 
Subway workers plan to join striking rail workers’ today, causing more inconvenience for commuters... 

BMW pioneers era of electric vehicles 
JEJU - BMW Korea donated 30 charging stations for electric vehicles (EVs) to this southern resort ... 

KIC chief to reform sovereign wealth fund 
The new CEO of the state-run Korea Investment Corp. (KIC) said he will carry out reformative measu...

i3 ready to rock 
Bill McAndrews, vice-president of BMW Group, stressed Tuesday that the company’s new i3 will be as... 

Hwang faces calls to change KT 
KT is expected to undergo big changes under the leadership of the new CEO amid an uncertain outloo... 

State firm reform plan raises skepticism 
The government’s ambitious plan to overhaul bloated state enterprises announced last week is under... 

Incheon airport seeks to emulate Dubai in becoming regional hub 
Incheon International Airport Corp. (IIAC) President and CEO Jung Chang-soo said that the state co... 

HanMag debacle hits brokerages 
HanMag Securities is adding to the woes of other brokerage houses that are already suffering from ...
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Dong A (http://english.donga.com)

Trio of military power elite including Choe emerge in N. Korea
A memorial ceremony for the second anniversary of former North Korean leader Kim Jong Il’s death, the largest event in the Stalinist state since the execution of Jang Song Thaek, took place on Tuesday. This year’s...

`Watch your house on smartphone`
LG-Uplus showcased Tuesday an intelligent CCTV that can be activated by smartphone, in a model house of GS E&C in Mapo-gu, Seoul. The CCTV has various functions including real-time rotation monitoring, intrusion...
Samsung, LG release revolutionary models ahead of CES
Preceding the Consumer Electronics Show (CES), the world’s largest consumer electronics fair to be opened on January 7 in Las Vegas, Samsung and LG, the two Korean electronics manufacturers, have started to release...
Korea’s flagship gymnasts to perform on same stage

US Court rules against NSA secret phone-snooping 

`Everything’s gonna be fine` 
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Chosun Ilbo (http://english.chosun.com)

Kim Jong-il 'Warned Son Against Jang Song-taek'
The execution of North Korean eminence grise Jang Song-taek may have been planned or foreseen by former leader Kim Jong-il, according to the rumor mill. Sources have claimed that Kim senior warned his son against Jang's overweening ambitions.

Japanese Don't Trust Korea, China
The Japanese distrust their Asian neighbors, according to a survey, suggesting that regional tensions are filtering down to the populations. In a Gallup poll of Americans and Japanese, 72 percent of the Japanese said they do not trust South Korea while only 15 percent trust it, the Yomiuri Shimbun reported Monday.

Long Lines Greet Launch of New iPads
Many Korean customers braved the bitter cold to get their hands on the iPad Air and iPad Mini with retina display when Apple launched them here on Monday. Around 7 a.m., long before the store opened, over 200 people stood in line to snap up the gadgets in front of Apple premium reseller Frisbee in Myeong-dong, Seoul.

Where Is Kim Jong-un's Older Brother?
The whereabouts of North Korean leader Kim Jong-un's half brother Jong-nam and his son Han-sol were unclear after the execution of Kim's uncle Jang Song-taek.

Nirvana, KISS, Hall and Oates to Become Rock Hall of Famers
What do you get when you combine U.S. music acts Hall and Oates, Nirvana and KISS? Three of the soon-to-be newest members of the Rock and Roll Hall of Fame. The Cleveland, Ohio...

Russia Plans New ICBM to Replace Cold War 'Satan' Missile
Russia will begin deploying a new type of long-range missile in 2018 to replace a Cold War standby known in the West as "Satan," a military commander said on Tuesday in a signal...

Wildfire Destroys Homes Along California's Big Sur Coast
A wildfire that erupted in a scenic stretch of California's central coastline late Sunday night has destroyed at least 15 homes and forced many residents to evacuate, county and...

U.S. Likely to Appeal Surveillance Ruling

Buildings Evacuated at Harvard After Report of Explosives

To prevent your neck from wrinkling
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Hankyoreh (http://english.hani.co.kr)

Two years in North Korea since Kim Jong-il’s death
Since taking over the leadership, Kim Jong-un has made steady steps toward consolidating power
December 17 marks the second anniversary of former North Korean leader Kim Jong-il’s death and two years since his son Kim Jong-un took power. For the younger Kim and North Korea in general, the last two years have been a period of both continuity and dramatic breaks.

It’s not always ‘like father like son’ for leadership in N. Korea
In a variety of ways, North Korean leader Kim Jong-un resembles his grandfather Kim Il-sung more than his father Kim Jong-il. When he goes on guidance tours wearing a coat with his hair slicked back, hands clasped behind his back and an expression of complete confidence on his face, he is the spitting image of Kim Il-sung.

US and China weighing response to developments in N. Korea
The US and China are discussing a response to what they see as a highly unstable situation in North Korea following the execution of onetime second-in-command Jang Song-thaek.
The Chinese foreign ministry announced that US Secretary of State John Kerry and Chinese Foreign Minister Wang Yi shared opinions on the North Korean nuclear issue during a telephone call on the evening of Dec. 15.

“How are you?” student movement becomes nationwide phenomenon
The “how are you nowadays?” series of large hand-written posters on university campuses have become a nationwide phenomenon spanning generational, regional, and class divides. Not only university students but also high school students, office workers and housewives have been writing similar posters expressing their own awareness of the issues.

Every religion making the same demands
Above, priests from the National Clergy Conference for Justice and Peace hold a fasting and prayer service calling for President Park Geun-hye to step down, at the Korean Christ...
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Joong Ang (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Jong-un’s inner circle changed a lot in two years
[Kim’s reign of terror] Seoul estimates 44% of top party, military officials are new
North Korea’s ruling Workers’ Party held a meeting yesterday at the Pyongyang Indoor Stadium to commemorate the second anniversary of the death of former leader Kim Jong-il, and the new inner circle of his son Kim Jong-un could be discerned…

Korail union raided over rail strike
As the Korea Railroad Corporation strike went into its ninth day yesterday, making it the longest rail strike yet, police raided the offices of Korail’s labor union to verify…

Japan lays out 10-year defense plans
Japan approved a new national security strategy yesterday to bolster its military and defense, a move guaranteed to both worry and annoy neighbors Korea and China…

Old-timers try to end partisan fight
Senior members of the ruling and opposition parties met for a talk over lunch yesterday to try to end the standoff between the ruling Saenuri and the opposition Democratic parties…

Park likely to lay low in election celebration
President Park Geun-hye is expected to keep a low profile tomorrow, the anniversary of her presidential election victory, amid a turbulent security situation sparked by turmoil…

Experts question fate of Kim’s rule
North Korean leader Kim Jong-un, center, attends a party meeting commemorating the second anniversary of the death of late leader Kim Jong-il yesterday at the Pyongyang…

Coal business a factor in Jang’s purge
Jang Song-thaek, the powerful uncle of North Korean leader Kim Jong-un who was executed on Thursday, was involved in a power struggle among the inner-circle…

Korea looks to Finland as model for innovation
Matti HeimonenWhile President Park Geun-hye is pushing for business leaders to nurture creative economic pursuits, Finland is fast becoming a leading force…

High hopes pinned on KT’s new CEO
A day after KT Corporation picked Hwang Chang-gyu, former head of Samsung Electronics, as its new chief, the stock price of the country’s second-largest mobile…

New carbon market gets green light
Korea will introduce a carbon exchange market in 2015, the Finance Ministry said at a public hearing yesterday.The move indicates that the country…

4th-quarter Samurai bond sales surge
Korean Samurai bond sales climbed by the most in a year this quarter as the yen weakened and relative borrowing costs in Japan slumped to a 17-month low…

Surprise move from Korea’s game master
Kim Jung-juRecent business expansion by Kim Jung-ju, founder and chairman of Korea’s top game company, Nexon, has been raising some eyebrows in…

After Europe decision, GM cuts Korea workforce
General Motors plans to slash its head count in Korea next year as it prepares to withdraw its Chevy brand in Europe, a major export market for Korean-made cars…
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Edaily (http://eng.edaily.co.kr/Stock/)

[US the closing price]The U.S. Dow Jones Index, -9.31p(-0.06%) slightly down.
The U.S. Dow Jones Index Closing (At 2013.12.17) The Dow closed at 15,875.26p, slightly down -9.31p(-0.06...

[Closed] Domestic rate of return of final bid closed. 3-year government bond down -4bp.
This is the rate of return of final bid. Quoted by Korea Financial Investment Association, domestic rate of return of final bid of 3-year government bond recorded at 2.88%, down (-4bp) from yesterday...

[Table]Exchange Rate Quotation
This is Exchange rate Quotation offered by Korea Exchange Bank. [table] Exchange Rate Quotation Offered by KEB ...

[Table]Exchange Rate Currency Crossrate
2013.12.18 08:10(Korean time), this is Currency Crossrate of major 12 countries. [table] FX Cross Currency ...   
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Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)

Commercial paper yield spike sends wake-up call to S. Korea businesses
The interest rates on commercial paper (CP), a short-term financing vehicle for companies, have surged in South Korea ahead of yearend, sending an alarm to companies seeking to secure liquidity. As underperforming companies often resort to the CP market, the sharp gains in CP interest rates are triggering concerns over possible liquidity shock. The average interest rate on CPs with maturity date of 60 to 90 days spiraled 1.28 percent from a month ago ...

Park urges proactive entrepreneurship-based investment
“To sustain the current economic recovery as a lasting trend requires more investment and job creation, and [the business community’s] entrepreneurship that keeps confronting challenges,” said South Korean President Park Geun-hye Tuesday.

Defense Minister warns P’yang’s possible provocations early next year
South Korean Defense Minister Kim Kwan-jin said that growing instability in North Korea could lead to provocations Tuesday, when the North marks the second death anniversary of former leader Kim Jong-il.

DSME does not bow to industry downturn
South Korea’s shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has continued to perform well this year even in the midst of the global shipbuilding industry downturn. The shipbuilder already achieved its 2013 order target set at the end of last year.

KB Kookmin Bank Tokyo branch worker found dead
An employee at KB Kookmin Bank’s Tokyo branch, which is suspected to have siphoned off slush fund, was found dead in the branch’s archives office Monday. Japan’s police are investigating the death and its cause.

Park directs resurgence of secretariat of National Security Council
South Korean President Park Geun-hye ordered ministers to set up a secretariat for the National Security Council (NSC) during a meeting with foreign affairs and security ministers at the Presidential Office Monday. Consequently, the secretariat of NSC, which was shut down in 2008, is to be revived.

'One of Seven Wonders of Winter' for a 22-day run

Hwacheon Mountain Trout Ice Festival opens Jan. 4

Named one of the 'even Wonders of Winter' by CNN and Lonely Planet, the Hwacheon Sancheoneo (Mountain Trout) Ice Festival is probably the most famous winter event in Korea. During the month of January every year, more than 1,000,000 people swarm Hwacheon in Gangwon province hoping to catch mountain trout bare-hand or ice fishing.
(Mayor Chung Gap-cheol invites the ambassadors and families to attend the Festival on Friday 17, 2014.)

▲1.4 million persons reportedly visited Hwacheon Mountain Trout Festival last year having their fill of the joys of the winter--ice-fishing mountain trouts and treating their eyes to the colorful lanterns of the angels at the Seondeung Candle Light Festival that takes place in the night.

▲Who said Hwacheon offers only ice-fishing? You can land mountain trouts also from the water standing on the river bank (top left). Koreans, expats, young and old, all enjoy various events of the Festival.

▲Left: Visitors pass through the colorfully lit ice tunnel. Right: You can also enjoy a 'sky ride' down the river.

Nestled between the town of Hwacheon and the mountains, the Hwacheon River is not only covered by a thick layer of ice, but also by thousands of festival participants.

The Hwacheon Mountain Trout Ice Festival will be taking place in Hwacheon County in Gangwon-do province on Jan. 4-26, 2014. This virtually untouched region is known as the first area in Korea that freezes over in winter, and the river is covered with a thick layer of ice.

Visitors can try out ice fishing, and those who are feeling brave can try to catch mountain trout with their bare hands. Along with fun activities and performances, there is also an exhibition of ice sculptures that usually take 20 weeks to prepare. Visitors can sample raw and grilled mountain trout, both of which are delicious.

A foreign visitor said: “Unlike some Korean festivals I have been to, there is a lot to do at this festival. You can ride an ATV or go kart on the ice, go sledding, ice skating, push a metal cart on the ice, or do some regular reel fishing.”

The events that are most popular are ice fishing and bare-handed fishing. For the ice fishing, you are provided with a hole in the ice and a bag for putting your catch for 10,000 won of which you get 10,000-won Love Gift, money you can spend around the festival grounds on food and souvenirs. “If you aren’t Korean, make sure to head to the foreigner only section. It is not only less crowded, but there is English-speaking help and you are given a free fishing pole,” said the foreign visitor.

When you get on the ice, pick a hole, let out enough line to get your lure to the bottom of the river. Then, quickly flick your wrist upwards and let it float back to the bottom. Some persistence is required, he stressed.

Hwacheon is considered a “clean region” where mountain trouts and otters live. Hwacheon Sancheoneo Ice Festival is opened in every January under the slogan of “Unfrozen Hearts, Unforgettable Memories” at Hwacheon that has geographical features of the fastest ice freezing in the country because of cold valley wind and clean water.

This is a unique theme experience festival full with good shows and 40 or about various experience programs, such as ice sledding, snow sledding, snow sculpture and ice soccer, Sancheoneo experience programs combined with the image of Hwacheon that has clean natural environment with the first grade clean water in Bukhangang (river) for catching Sancheoneo by hand, Sancheoneo fishing on the ice to catch the fish easily and enjoy the fishing by everybody, breaking the ice with 40cm thickness and above and looking at Sancheoneo in the deep water for your exciting play available for experiencing at Hwacheon only and heart-warm memory in winter.

Winter Sancheoneo! Sancheoneo Fishing! To mention about ice fishing, you need to catch at least one Sancheoneo. It is an elegant fish underneath ice out of comparison to the other fishes due to moderate size and beautiful shape.

Sancheoneo is hard to catch as it is rare but everyone can catch one or two Sancheoneo at Hwacheon with somewhat good luck and knack since 32 or 3 tons of fresh Sancheoneo are being put just under the fishing place every day for visitors for Sancheoneo festival. It is just the reason why a child or young girl without fishing experience is indulged in Sancheoneo ice fishing. K
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At the KUK Cultural Foundation Building behind Ritz Carlton Hotel

KUP hosts Year-end Concert with famed World Vision

Children’s Choir of Korea

The Korea United Pharmaceutical Co. (KUP), hosts a Gala Year-end Dinner and Concert at the Cultural Foundation Building of the Company in Seoul (located behind the Ritz Carlton Hotel) on Dec. 26, 2013. It is presented by the famed World Vision of Korea Children’s Choir. Chairman Kang Duk-yung of the KUP invites the ambassadors and madams to the prestigious concert.

The repertoire consists of three parts, which include:

Part I:
Han-River Taryung (arr. Lee, Hyun Chul)
This is an arrangement of Korean folk song 'Han River Taryung' and winner of '2013 Andrea O. Veneracion International Choral Festival' in Folk song category. Using Korean traditional musical techniques and colors, it demonstrates the beauty and prosperity of Han river. Also fan dance emphasizes its beauty.

About the World Vision Korea Children’s Choir
Throughout its 53-year history, various professional musicians in Korea and around the world compliment the Children’s Choir, praising the Choir as “Echoes of the Heaven.” The Choir’s achievement and quality have been proven by thousands of successful worldwide concerts.

About the Artistic Director Kim Hee-Churl
Hee Churl Kim studied choral conducting under worldly renowned conductor Hak Won Yoon in Chung-Ang University. In Georgia State University, he studied with Dr. John Heberlen, who was the president of ACDA. In 1993, Mr. Kim conducted Vancouver Chamber Choir in Eric Ericson Master Class as a representative of Asia in World Choral Symposium held in Canada. From 1995 to 1997, he joined Atlanta Symphony Orchestra Chorus to sing with Robert Show, who was one of the best choral conductors in the world. He conducted Atlanta Korean Children's Choir and Atlanta Master Chorale, and he served as a president of Atlanta Korean Musician Association. From 1994 to 1997, while he was a visiting professor of Georgia Theological Seminary, he had served as a coordinator in 'Music and Worship Conference’ held by PCUSA. After returning to Korea in 1997, he had conducted many choirs, such as, World Vision Korea Children's Choir, Gwang-Myung City Women's Chorale, and Sung-Nam City Teacher's Choir. He also taught in Chung-Ang University. He also served as a board member of the Korean Church Music Association. Currently, he is the conductor of Gwacheon City Women's Choir, which is the only professional women's choir in Korea, had concert tours in Manila, Philippine by invitation of Philippine Madrigal Singers in 2004. Also, the choir was invited from Vancouver to celebrate the Winter Olympic Games in 2009. In 2004, he became an Artistic Director and Administrative Director of World Vision Korea Children's Choir. In 2009, he made a film called 'You and You' with World Vision Korea Children's Choir under director Je Hyun Park, who is one of the famous movie directors in Korea. As an artistic director, he has been hosting International Children's Choir Festival every three years by inviting the most prestige choirs from all around the world to help poor and devastated children in the world. As an opening concert of 2007 ICCF, he conducted a contemporary piece 'Gana and Dara' composed by In Sun Cho, worldly renown contemporary composer who served as a professor in Chung-Ang University. Mr. Kim made several CDs and DVDs, such as, 'Blessings', Songs of Love', 'Winter Sonata', and etc.
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November 27, 2013

Invitation to Gala Year-end Dinner and Concert

I am pleased to inform Your Excellency that Chairman Dr. and Mrs. Kang Duk-young of Korea United Pharmaceutical Co. cordially invite Your Excellency and Madam, together with other Ambassadors and Madams, to a Gala Year-end Dinner and Concert presented by the famed World Vision Children’s Choir of Korea at the Culture Foundation Building of the United Pharma in Seoul at 6:30 p.m. Thursday December 26, 2013. The repertoire includes a Christmas Carol by the famed World Vision Sunmyung-hoe Children’s Choir. The details are as follows:

Venue: Concert Hall of the Culture Foundation of the United Pharma Co., 616-12 Yeoksam-dong, Gangnam-gu, Seoul, 3 blocks southward from the Grand Hannam Bridge (behind Ritz Carlton Hotel).

Time/Date: 6:30 p.m. Thursday December 26, 2013

Schedule of Event:-

6:30-7:30 p.m.: Dinner hosted by Chairman and Mrs. Kang at the Banquet Hall.
7:30-7:40 p.m.: View exhibits at the Art Gallery and Handicraft Exhibition Hall
7:40-9:00 p.m.: Grand Year-end Concert

Repertoire:-Part I: ‘Han River Taryung,’ winner of 2013 Andre O. Veneration International Choral Festival (arr. Lee Hyun-Chul); ‘Surround Arirang’ (arr. Lee Sun-Taek); ‘Gagopa--Yearning for Home’ (arr. Lee Hyun-Chul).
Part II: ‘Gloriva’ (A. Vivaldi); ‘audate Dominum’ (W.A. Mozart); As dew in Aprile, this little babe’ (B. Britten).
Part III: ‘When I Sing’ (B. Henderson), ‘ Hamps-Elysees (M. Wilsh, M. Deighan); ‘OST Medely’ (arr. Shin Sang-woo); and ‘Blessing’ (arr. Lee Hyun-Chul)).
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Elder sister of famed ROK Army Lt. Cho Chang-Ho

Late Madam Cho Chang-soo decorated with Order of Cultural Merit,

Okgwan

The government of the Republic of Korea has decided to posthumously honour the late former Curator Madam Cho Chang-soo (1925-2009) of the Smithsonian Natural History Museum in the United States with an Order of Cultural Merit, Okgwan. Madam Cho dedicated her entire life to the introduction of Korean history and culture to the general public in the US, thus promoting the American people’s understanding of the Korean history and culture. The presentation ceremony will take place at the National Palace Museum on Dec. 10, 2013.

▲The late Madam Cho Chang-soo (left) and her son, General Manager Eric Swanson of Millennium Seoul Hilton

The late Madam Cho is the mother of General Manager Eric Swanson of the Millennium Seoul Hilton. She is also the elder sister of the widely known late Lieutenant Cho Chang-Ho who succeeded in escaping North Korea and returning to Seoul after 43 years of captivity in North Korea where he got silicosis from forced labor in coal mine pits where he had been sent because of his repeated attempts of escape to the South after his captivity during the Korean.

      ▲Madam Cho at her university graduation ceremony

Madam Cho studied at the universities in Japan and the US and worked as a curator at the Smithsonian Natural History Museum for 44 years from 1965 to 2009--playing an important role in various areas, including exhibitions, research work, publication and education. In 2007, she even succeeded in establishing a Korea Hall at the Smithsonian Museum.

   ▲Madam Cho (seated at center) with fellow workers at the Smithsonian Institute

There are a number of other recipients of the Cultural Orders, who include Director Lee Kang-bak of Gangneung Institute (Order of Cultural Merit, Eungwan) and Professor Yoon Sae-young of Korea University (Order of Cultural Merit, Bogwan).

▲The late Lt. Cho Chang-Ho.

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