Sept. 30, 2014

The Korean daily media headlines and humorTuesday, Sept. 30, 2014

Here are The Korea Post news, notice, humor from Korean-language economic dailies, and a roundup of important headlines from all major Korean-language dailies, TV and other news media this morning:

/s/

Lee Kyung-sikPublisher-ChairmanKorea Post Media-------------------------------------------

The Korea Post notices:

There are only two days left to the 14th Sancheong Medicinal Herb Festival on Friday 3 October 2014. Partly cloudy skies are forecast for the Sancheon County area on that day with a high of 26 degrees centigrade and a low of 16.The meeting time is 0850 hours, Friday 3 October 2014 at VIP Room on the 3rd Floor of the Seoul KTX Station.For the Excellencies and other senior diplomats, for whom the reservation has not yet been made the contact phones are 010-5201-1740 (English and Korean), 010-3388-1682 (Korean callers) and 010-3481-1101 (English callers).A copy of Inviation for the Excellencies and Senior Diplomats are at the end of this Headlines.-------------------------------------------

Ambassadors (or deputies) invited to 14th Sancheong Medicinal Herb Festival on Oct. 3, 2014

How to live long and in good health: Find your answer in Oriental medicine

Everyone wishes to live long and in good health. One way to attain the wish is to look for ways to realize it. The Western medicine directly attacks the diseases, say Oriental medical doctors, while, in contrast, the Oriental medicine tones up the body of man and strengthens his/her Gi (energy) and immune system against diseases. The Oriental medicine mostly comes from medicinal herbs normally found in remote mountains?although some are cultivated. In particular, rare and extremely expensive medicinal herbs such as Sansam (wild ginseng) are found in untrodden places of intractable mountain terrains and one root of it sells for tens of several millions of Won (around US$50,000) and, in some cases, Sansam is ‘priceless.’ Wild ginseng cannot be cultivated. If it were, it would not bear the same medicinal efficacy. Hence the exorbitant price.

▲Leaders of the Sangcheong County and important guests ignite a Large Herb Medicine Concoction Bowls.

The Sancheong County of Gyeongsangnam-do Province is located at the foot of the famous Jiri Mountains of Korea now preserved as National Park, which are noted for the discovery of these rare medicinal plants that grow in deep valleys and on steep slopes that do not allow human access. There are a total of over one thousand different kinds of health-promoting medical plants discovered living in the Jiri Mountains of the Sancheong County.The governments of the Sangcheong County and Gyeongsangnam-do Province started co-hosting the Sancheong Medicinal Herb Expo 14 years ago with the support of the Ministry of Agriculture, Food & Rural Affairs and various other organizations of the Central Government to introduce a wide variety of health-promoting medicinal herbs. And it is the 14th year this year which the local governments have been co-hosting the rare event. In particular, this year Mayor Heo Gi-do of the Sangcheong County and Governor Hong Jun-pyo of the Gyeongsangnam-do Province are inviting the ambassadors and other senior members of the Diplomatic Corps with their spouses to attend the Opening Ceremony of the Festival with a view to introducing the value of the rare medicinal herbs to them and their countries. And The Korea Post is organizing the Tour for the Ambassadors and senior diplomats. (Formal invitation has already been faxed to the ambassadors and a copy is attached at the end of this Headlines. In case of our transmission failure, the meeting place is the VIP Lounge on the 3rd Floor of the KTX Seoul Station and the meeting time is 0840 hours Friday 3 October 2014. Please call Chairman Lee at 010-5201-1740 for reservation or 010-3388-1682 in case of Korean callers. Regular phones are 2298-1740/2.)

▲Re-enactment of the King’s receipt of Dongeui Bogam (Joseon Dynasty’s famed Oriental Medicine Book compiled by famed Korean doctor, Heo Jun.

The hosts have a special program offering a checkup on the Gi (Energy) of distinguished guests (eg, ambassadors and spouses) and diagnosing of health-enhancing tonic. For the ladies (family members of the ambassadors and other senior diplomats), the hosts have an Oriental medical massaging program good for the skin as well as for maintaining the optimum level of body weight. They also have an Oriental health callisthenic and dance program.Another special program for the ambassadors and families is a visit to the Hyeminseo (erstwhile traditional Korean Medical Clinic) of the Joseon Dynasty operated by the noted Oriental Medicine Doctor Heo Jun (1939-1615, author of Dongeui Bogang [Principles and Practice of Eastern Medicine, or literally ‘Oriental Medicine Treasure Book’]). Hyeminseo (惠民署) means ‘Benevolence Extending Office’ which is a Joseon Dynasty state-operated medicinal clinic first established in the 14th Year of King Sejo (1466) of the Joseon Dynasty (1392-1909).

▲Sancheong Arirang (famous Korean folksong) is presented by the Choir of the Sancheong Elementary School at the opening of the Festival.

Everyone keeps some potted plants or an indoor landscaped garden in their living room, and uses chemical fertilizers. The Sancheong County Government has special plant nutrient that is many times more effective than regular fertilizers in the preservation and promotion of health of the potted plants.For further details and photos concerning the Festival, please visit: /news/view.html?smode=&skey=Herb medicine&x=11&y=11&section=163&category=189&no=622.-------------------------------------------

The Korea Post notices:

Commercial Ministers, Counsellors, Officers:

Thank you for your warm interest in the separate English- and Korean-language Internet editions of The Korea Post. The Korean-language Internet edition is presently undergoing a massive renovation for the adequate accommodation of the increasing publicity needs of the trade/economic sections of the foreign embassies in Seoul.Both the English Korean Internet editions are allocating substantially large space to accommodate the publicity needs of the trade, investment and other economic affairs of the different countries for the promotion of cooperation in the trade, investment and other economic areas. For this purpose please email us (edt@koreapost.com or korpost@chol.com) your press releases on the following or other subjects:

1. Scheduled visit of your trade, investment or other economic delegation to Korea and full details about the delegation, including members and purpose of visit.2. Scheduled visit of other delegations from your country3. Scheduled Trade or Industrial Fairs of exhibitions in your country, to which Korean participants are welcome.4. Do you also have any major art or other cultural exhibitions in your country where you wish to invite Korean participants?5. Do you have bilateral economic commission meetings in Korea coming soon? Any plan to encourage Korean participation in such meetings? 6. If you have whatever other events or meetings coming soon where Korea’s participation is desired, please elaborate on them and email them to the above addresses.

The contact information of The Korea Post is:Tel 2298-1740/2, Fax 2298-9506010-3386-1682 Ms. Kim Jung-Mi for Korean callers010-5201-1740 Chairman Lee Kyung-sik (for English)Email address: edt@koreapost.com----------------------------------------

The Korea Post opens Korean-language Business-Economic Internet editionI am pleased to inform Your Excellency that The Korea Post is renovating its Korean-language Internet on a massive scale to contribute to the promotion of trade and economic cooperation between your esteemed country and Korea.The new Korean-language Internet edition will primarily accommodate the publicity needs of the Commercial-Economic Section of your esteemed Embassy for the Korean audience as well as the business community.In connection with this effort, we would like to secure the following information for prompt communication between the Korean-language Internet of The Korea Post and your Commercial-Economic Section:

Name of Commercial-Economic Officer(s)Email addressTelephone, fax and mobile phone numbersMailing address for regular mail such as complimentary copies of The Korea PostAny other information considered by the Embassy to be useful between the Embassy and The Korea Post.

The contract information of The Korea Post is:Tel 2298-1740/2, Fax 2298-9506010-3386-1682 Ms. Kim Jung-Mi for Korean callers010-5201-1740 Chairman Lee Kyung-sik (for English)Email address: edt@koreapost.com----------------------------------------

Here is today’s ration of humor from Korean-language business dailies of this morning:

Seoul Kyungje

A market guru walks into a pizzeria to order a pizza.When the pizza is done, he goes up to the counter to get it.There a clerk asks him:"Should I cut it into six pieces or eight pieces?"The guru replies: "I'm feeling rather hungry right now. You'd better cut it into eight pieces."

Hankuk Kyungje

You're Getting OlderYou’re getting older when…-You’re startled the first time you’re addressed as an old timer.-You’re still chasing women but can’t remember why?-You turn out the light for economic reasons rather than romantic ones.-Your pacemaker makes the garage door go up when you watch a gorgeous girl go by.-You know all the answers, but nobody asks you the questions.-Your favorite part of the newspaper is “30 Years Ago Today…”-You have too much room in the house and not enough room in the medicine cabinet.------------------------------------------------

KBS (http://world.kbs.co.kr/english/news/)

Expectations Rise over New Deal on Special Sewol BillRival parties and families of the victims of the Sewol ferry disaster are said to have significantly narrowed differences over a special bill aimed at determining the cause of the ferry sinking.

S. Korea, US Top Nuke Negotiators to Meet in Seoul TuesdayThe top nuclear negotiators of South Korea and the United States will meet in Seoul on Tuesday and discuss North Korea’s nuclear issue.

S. Korea Women's Football Team Loses to N. Korea in Semi-FinalsNorth Korea beat South Korea in the women's football semi-finals Monday at the Incheon Asian Games.

S. Korea Likely to Surpass Japan in Overseas Tourism Spending This Year

Gov't Allocates Record High Budget for Job Creation

Finance Minister Expresses Concern Over Low Yen

Davies: N. Korea Ignoring Calls to Denuclearize

N. Korea: 'No Possibility of Dialogue with S.Korea, US'

N. Korea's FM Condemns US in Address to UN General Assembly----------------------------------------

Yonhap (http://english.yonhapnews.co.kr)

Vice FMs from Seoul, Tokyo to hold strategic dialogue this week South Korea and Japan plan to hold a strategic dialogue between their vice foreign ministers this week in Tokyo to discuss an array of bilateral issues and North Korea's nuclear program, Seoul's foreign ministry said Monday.

Lotte Duty Free employee flees after theft: source A Chinese national who worked for South Korea's largest duty-free operator Lotte Duty Free is under suspicion of stealing jewelry worth over 100 million won (US$94,940) before leaving the country, an industry source said Tuesday. 2014/09/30 08:00

U.S. says it has 'no confirmation' of rumors of military coup in N. Korea The United States said Monday it cannot confirm rumors of a military coup in North Korea that have spread widely amid growing questions about leader Kim Jong-un's prolonged absence from public view. 2014/09/30 06:30

S. Korean manufacturers' confidence jumps for Oct.

South Korean manufacturers' business sentiment for next month remained negative but jumped to a three-month high, a poll showed Tuesday.2014/09/30 06:00

Newborn baby found dead in garbage bag in S. Korea A dead newborn baby was found wrapped in a garbage bag in a parking lot in an apartment complex in southwestern South Korea on Monday, police said. 2014/09/29 22:59---------------------------------------------

The Korea Herald (http://www.koreaherald.com)

Sewol families face arrest for driver assaultPolice on Monday asked the court to issue arrest warrants for three relatives of those killed in the April 16 Sewol ferr...

Part-time jobs to be expandedThe Korean government plans to allow more workers to reduce their working hours from next year,...

Resident ID system faces overhaulThe government hosted Monday a public hearing to gather suggestions on its plan to revise the r...

Men develop obesity earlier than women in KoreaKorean men and women are prone to develop obesity at different ages, according to research orga...

Car sharing gains groundCar sharing, a form of short-term vehicle rental on an hourly or minute basis, is gaining popul...

Book festival returns to PajuAn annual literary festival will be held at Paju Book City in Gyeonggi Province, bringing over ...

Two Koreas unified on football groundSouth Koreans forgot decades-long political tensions, at least for 90 minutes, on Monday, cheering not only their compatriot footballers but those from North Korea waging a battle for a spot in the Asiad final.

U.S.-led strikes hit IS oil targetsU.S. aircraft were flying “near continuous” bombing raids against Islamic State militants in Syria, officials said late Friday, after Britain and two more EU nations agreed to join the U.S.-led air...----------------------------------

The Korea Times (http://www.koreatimes.co.kr)

Isolationism hampers Park's unification initiative President Park Geun-hye’s foreign policy smacks of her own brand of isolationism - focusing on China and the United States to the exclusion of all others - namely Japan and North Korea. It also raises questions over how it will ... Some manners, please INCHEON - Etiquette is a pivotal part of sports. By this standard, the ongoing Asian Games leave a lot to be desired. At the kickoff of the Korea-Japan quarterfinal soccer match, few Korean fans bothered to stand up when the opp...

Hyundai emulates Autostadt  Hyundai Motor is emulating Volkswagen’s Autostadt, the German auto conglomerate’s global headquarters and auto theme park, experts say.

Customs to crack down on 'direct buy' tax evasion  The customs office will crack down on attempted tax evasion by people and businesses that make conspicuously large purchases from overseas outlets, while the ... 

North beats South to make final in women's football  North Korea's substituted striker Ho Un-byol scored the winner in the 93th minute to end... 

Debate reignited over military exemption   The South Korean baseball team Sunday clinched the gold at the Incheon Asian Games, but a lot of p... 

Gymnast hopes to live up to 'star' billing   The nation's star gymnast Son Yeon-jae wore a grave expression on her face as she practi...-----------------------------------

Dong A (http://english.donga.com)

Pres. Park: ‘power over law causes divide’ President Park Geun-hye said on Monday, “Social conflict stemming from polarization is deepening globally, and bad practice in which power and interest is prevailing law and principle is aggravating divide and conflict...  N. Korean synchronized swimming team performs North Korean synchronized swimmers float fellow players above water Monday at the Incheon Asian Games women`s team freestyle match held at the Munhak Park Tae-hwan Aquatics Center. Six players under water are supporting... Seoul education chief’s trip to Mongolia stirs controversy It has turned out that sightseeing was included in Seoul Education Chief Cho Hee-yeon’s seven-day business trip to Mongolia from Aug. 28 to Sep. 3. It was when tensions were mounting as parents staged a large protest in... Korea confident for second place finish at Incehon Asian Games 

New national football team coach Uli Stielike names his first players 

Obama admits to failure in early response to IS 

N. Korea threatens ‘removal of S. Korean president` 

Sacrifice repaid by female archers` winning gold 

Hyundai-Kia tops quality satisfaction in China----------------------------------------------

Chosun Ilbo (http://english.chosun.com)

75 Indian 'Holy Men' Vanish Into CrowdSome 75 Indians who entered Korea on tourist visas two months ago have disappeared from the radar. The Justice Ministry officials said the men entered Korea in July to attend a religious leaders' meeting, but have not left the country even though their visas have long expired. Five have been accounted for so far. >> Full Text

N.Korea's New Military Heavyweight?Ri Pyong-chol, a commanding officer in the North Korean air force, is emerging as the most powerful figure in the North Korean military. Ri was appointed to the top decision-making National Defense Commission at a regular session of the Supreme People's Assembly in Pyongyang last Thursday.  >> Full Text

U.S. Pacific Commander Warns of N.Korean Mobile NukesNorth Korea is inching towards developing nuclear-tipped mobile missiles, claimed Adm. Samuel Locklear. So far South Korea and the U.S. have said that the North has not made much progress in miniaturizing its nuclear weapons.  >> Full Text

N.Korea Admits Kim Jong-un Is Unwell

N.Korean FM Lambasts U.S. 'Hypocrisy'

Bending iPhones Send Apple Shares Plunging

Gilded Weekend for Korea in Asian Games

Korea Defends Gold in Asiad Baseball-------------------------------------------

Hankyoreh (http://english.hani.co.kr)

More than 2 million in S. Korea living as subcontractor workersForms of indirect employment spread broadly from manufacturing to many areas of the economy The issue of indirect employment is drawing renewed attention in the wake of recent court rulings recognizing 1,647 in-house subcontractor employees at Hyundai and Kia Motors as indirectly employed by the automakers.

N. Korean Foreign Minister delivers letter from Kim Jong-un to Ban Ki-moonOn Sept. 27, North Korean Foreign Minister Ri Su-yong delivered a handwritten letter from North Korean leader

Kim Jong-un to UN Secretary General Ban Ki-moon.Ban was given the letter on Saturday during a twenty-minute meeting with Ri, who was at the UN Headquarters in New York to attend the UN General Assembly.

Every three days in S. Korea, a student commits suicideAn average of one elementary, middle, or high school-age student committed suicide every three days over the past five years, education office data show.Problems at home were the most frequently cited cause, while depression, grades, and career prospects were also factors in many of the cases.

160 potato chip bags are enough to cross the Han RiverTwo people assembled a raft of potato chip bags and other snack bags and crossed the Han River. The performance was held to protest confectionary companies, which are under fire for stuffing their snack bags with nitrogen filling.-----------------------------------------------

Joong Ang (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Three-way talks seek a breakthrough on SewolFloor leaders of both the ruling Saenuri Party and the main opposition New Politics Alliance for Democracy (NPAD) met with the head of the committee representing the relatives of victims of the Sewol ferry sinking at the National Assembly to enter negotiations to seek a deal on a special law to investigate the tragedy…  .

A million firms spared tax auditsAs many as 1.31 million small and medium-size businesses with annual sales of less than 100 billion won…

In Korea, there’s money in broken phone screensOn a recent Saturday morning, a woman named Park, 27, visited the Samsung Service Center in Mapo District, western Seoul. Something was wrong with her smartphone’s display…

Expats given feeling for Korea via TaekwondoOn the way up to Namsangol Hanok Village on the northern foot of Mount Namsan in Seoul, about 30 foreign business people,…

Saenuri rep describes Sewol relatives’ committee as ‘leftists’Rep. Ha Tae-keung of the ruling Saenuri Party caused a stir yesterday after urging the group representing families of the fatalities in the Sewol ferry…

A new era dawns for Lotte GroupLotte Group is confident it will receive the city government’s approval soon to open its 2nd Lotte World Complex and the Lotte World Tower, as the nation’s fifth-largest conglomerate…-----------------------------------

Edaily (http://eng.edaily.co.kr/Stock/)

[Table] Today’s Stock Market BriefThis is a stock market brief of Today. [table] Total stock market id="" width="570... 

[Closed]KOSPI 1,934.94p( 15.42p) slightly up, KOSDAQ 546.83p( 5.04p) slightly upKOSPI & KOSDAQ Index Closed KOSPI closed slightly up 15.42p( 0.80%) at 1,934.94p from yesterday. KOS... 

[Table]Currently Index of Major Country in ASIAThis is Index of Major Country in ASIA. [table] Index of Major Country in ASIA ... 

[Midday]KOPSI 1,931.41p( 11.89p) slightly up, KOSDAQ 546.56p( 4.77p) slightly upKOSPI & KOSDAQ Index KOSPI slightly up 0.62%(11.89p) to 1,931.41p at 14:01. KOSDAQ slightly up 0.... 

[Table]Currently Index of Major Country in ASIAThis is Index of Major Country in ASIA. [table] Index of Major Country in ASIA ... ----------------------------------------------

Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)

Gov’t sits idle on weakening yen Gov’t sits idle on weakening yen-image  The South Korean economy is engulfed by the horror of the yen’s depreciation again. The country is being haunted by the memory of 2008, when the yen’s steep depreciation was immediately followed by the US-originated financial crisis, which led to turmoil in the global economy.Now, the situation is especially more difficult, as the yen’s latest slide largely stems from an excessive policy by Japan’s Abe administration to bolster the domestic econom.....09.29.2014

Samsung devises emergency strategies for wireless di..

$480mn “Kidult” market becomes blue ocean

Retirement pension plans yield low retu..

Property lease contract guaranteed for ..

S. Korea luxury goods market wobbles                                                                                                        

Invitation to 14th Sancheong Medicinal Herb Festival(For longevity, good health through strong immunity)

Man wishes to live long--and in good health. Western medicine directly attacks diseases. In contrast, Oriental medicine tones up the human body, mind, Gi (energy) and immunity against all kinds of diseases. It is important to cure diseases but is is far more important to keep the body strong enough to stay away from diseases.Against this backdrop, Mayor Heo Gi-do of the Sancheong County of Gyeongsangnam-do, cordially invites Your Excellency and Madam to the 14th Sancheong Medicinal Herb Festival on Friday 3 October 2014.  It is a very rare event and I hope that Your Excellency and Madam can make it. If Your Excellency has another appoint, Madam could excellently represent your country and Your Excellency. Details follow:

Name of Festival: 14th Sancheong Medicinal Herb Festival Venue: Sancheong County, Gyeongsangnam-do, about two hours by KTXTime/Date: 0850-2040 hours, Friday 3 October 2014 Special note: Have rare experience in exercising Gi, visit Medicinal Herb Theme Park with Pilgrimage Route of Joseon Dynasty Doctor Heo Jun, experience foot bath and visit Guheong Royal Tomb. Schedule:

Schedule follows0850 hours, Friday 3 October 2014: Meet at VIP Room 3rd Fl. Seoul KTX Station0900-1140 hours: Move from Seoul to the Sancheong County of Gyeongsangnam-do.1200-1300 hours: Attend welcome ceremony and international buffet luncheon hosted by Mayor and Mrs. Heo.1330-1520 hours: Have rare experience in exercising Gi (Oriental energy), visit Medicinal Herb Theme Park with Pilgrimage Route of Joseon Dynasty Doctor Heo Jun, experience foot bath and visit Guheong Royal Tomb.1530-1730 hours: Tour various interesting sites of the Medicine Herb Festival, including Jeonggangdeul Medicinal Herb Farm, Dongeui Bogam (Eastern Medicine Book) Museum, Hyeminseo (Joseon Dynasty Hospital), Sancheong Oriental Medicine Clinic, and various other traditional Korean folk events related with Oriental medicine.1730-2040 hours: Move by Limousine bus from Sancheong back to Seoul (Grand Hyatt)A slight change could occur to the schedule depending on the traffic situation of the day.)

/s/

Very Respectfully YoursLee Kyung-sikPublisher-Chairman

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