Oct. 27, 2014

The Korean daily media headlines and humorMonday, Oct. 27, 2014

Your Excellency:Here are 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:

Tour of Pyunkang Oriental Clinic:

Our sincere apology: In our invitation faxed to Your Excellency, we inadvertently wrote October instead of November which is the correct month.The invitation is for the Excellencies and Madams to a Luncheon and Tour of Pyunkang Oriental Clinic for the exploration of possibilities of cooperation between Korea and your esteemed country in Oriential medicine through the use of Pyunkang Clinic.The meeting place is the Diplomatic Center in Socheo-dong where the Uzbekistan Embassy is located, the time is 1000 hours 12 November 2014, Luncheon at 1200 hours and tour of Pyunkang Oriential Clinic 1300-1500 hours. Whoever wishes a quick checkup and diagnosis for diseases, especially respiratory diseases that are rampant in the changing times before winter, Your Excellency and/or Madam are most welcome.It is an interesting tour good for the health of the people in your country as well as Korea, and I recommend that Your Excellency not miss the opportunity as it is only for several hours on that day and also in Seoul instead of the countryside. The following stories by The Korea Herald and The Korea Post would give Your Excellency an idea as to what to expect from the tour:

Korea Herald story (http://www.koreaherald.com/view.php?ud=20141009000329)The Korea Post story (/news/view.html?smode=&skey=Pyunkang&x=14&y=13&section=165&category=192&no=595)-------------------------------------------

Attention, Trade Representatatives, Commercial Ministers, Counsellors, Officers!

Why don’t you use the real-time Korean-language Internet (www.koreapost.co.kr) of The Korea Post as well as the English Intern edition (www.koreapost.com)--for your public relations needs as well as for information needs? Please scroll down to the bottom for details.-------------------------------------------

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

Seoul Kyungje

Boy: Did it hurt?Girl: Did what hurt?Boy: When you fell from heaven.Girl: Aww, did it hurt when you got kicked out of hell?Boy: If I could rearrange the alphabet, I would put U and I together.Girl: Really? If I could rearrange the alphabet, I would put F and U* together.-----------------------------------------------

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

Parties to Resume Negotiations on Sewol Bills SundayWith five days left until the self-imposed deadline of the Sewol bills’ passage, rival parties will resume negotiations on Sunday night to hammer out details related to April’s sinking of the Sewol ferry.

Ruling Party to Present Revised Bill on Civil Servants' Pension Plan on TuesdayThe ruling party will present a bill to the National Assembly on Tuesday that seeks revisions to the pension system for civil servants.

US 6-Party Envoy to Visit S. Korea MondayThe U.S. special envoy for the six-way nuclear talks is set to visit South Korea on Monday.

Hyundai, Kia's Market Share Hits 9% in Q3

50,000 Won Notes Surpass 70% of Total Currency Issuance

KOSPI Down on Foreign, Institutional Selling

US 6-Party Envoy to Visit S. Korea Monday

Japan to Enhance Overseas Lobbying Activities on Historical Issues

Japan's NSC Head Says Possibility of Seoul-Tokyo Summit Unlikely----------------------------------------

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

Park to meet ruling, opposition party leaders this week President Park Geun-hye plans to hold a group meeting with ruling and opposition party leaders this week to ask them to pass key economic bills at an early date, her aides said Sunday.

U.S. nuclear envoy Seiler to visit S. KoreaThe U.S. special envoy for the six-party talks on the North Korean nuclear issue will visit South Korea this week for an international conference on a regional peace initiative proposed by South Korean President Park Geun-hye, the State Department said Sunday.2014/10/27 07:12

S. Korea denounces terrorist attack in Egypt The South Korean government on Sunday condemned a car-bomb terrorist attack in Egypt last week that killed 30 Egyptian troops and wounded 28 others. 2014/10/26 20:36

Japan rejects help in searching for remains of conscripted Koreans The Japanese government has rejected a request by South Koreans to participate in searching for the remains of their family members who were forced to work for the Japanese military during the Pacific War, a Seoul civic group said Sunday. 2014/10/26 14:21

Gov't to revise regulations on hiring temporary workers The South Korean government is to revise regulations for hiring non-regular workers to prod the public and private sectors to recruit employees on a permanent basis, officials at the finance and labor ministries said Sunday. 2014/10/26 11:59---------------------------------------------

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

Anti-N.K. leaflets escalate ideological divisionScuffles, screams and spiteful words thwarted an anti-Pyongyang leaflet-distribution campaign near the inter-Korean bord...

North Korea nuclear capability back in spotlightThe issue of North Korea’s nuclear weapons capability has returned to the spotlight as U.S. Fo...

AmorePacific aims to boost sales ninefold in China by 2020AmorePacific Group, a leading South Korean beauty goods maker, said that it will ai...

An ‘emotionally richer’ TemplestayIf you want to experience a Templestay program in Seoul, but do not have the time to venture fa...

Medical establishment a casualty of EbolaBeyond the human tragedy of the Ebola epidemic unfolding in west Africa, the crisis is claiming ...

Realistic securityRelying on a friend or neighbor for your own security is not something to be proud of. Yet, ...

Timing is importantThe government and the parties are accelerating their push to reform the deficit-ridden pens...    TNT Korea eyes growth in medical logistics serviceTNT Korea, the South Korean subsidiary of global express delivery company TNT, is pushing ahead...

‘Museums write history’French-born Philippe Vergne, director of the Museum of Contemporary Art, Los Angeles, has spent...----------------------------------

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

Gov't moves to reduce number of temporary workers Railroad, ferry and air transport operators will be banned from hiring non-regular workers for safety-related positions as part of government measures to improve passengers’ safety. The Ministry of Employment and Labor and the M... China shows sign of mending ties with N. Korea China indicated willingness to improve its soured relations with North Korea, Saturday, when its ambassador to Pyongyang emphasized their strong alliance. The rare move by the Chinese side is seen as a reaction to the strong U.S...

Civic groups campaign for Renault Samsung  Regional civic groups in Busan have launched a campaign to support Renault Samsung Motors which is based in the nation’s largest port city.

Anti-NK leaflets can disrupt high-level talks Korean  Leaflets critical of the regime in Pyongyang, borne by balloons across the demilitarized zone, are disrupting efforts by the two Koreas to agree to hold a sec...

Pyongyang challenges UN's accusation of human rights violations  North Korea is stepping up efforts to prevent the United Nations from accusing its leader Kim Jong-un of committing crimes against humanity. 

Animal rights groups criticize Lotte aquarium  The newly opened Lotte World Aquarium has been facing a backlash from animal right activists for e... 

Ulleung to become energy-independent island  Ulleung Island, North Gyeongsang Province, will be energy independent through using renewable ener...

Lawmaker urges HIV test for soldiers  The number of soldiers that have become infected with HIV has been rapidly increasing in recent years, but military authorities have not taken proper measures...-------------------------------------

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

US general: ‘I believe N.K. has capacity to miniaturize nuke warhead’ In a press conference at the Pentagon in Washington, the U.S. on Friday, General Curtis Scaparrotti, commander of the U.S.-ROK Combined Forces Command (CFC), said, “I believe that North Korea currently has the capacity...  Battle over N. Korean human rights Kim Hye-sook, 53, who spent 28 years at a notorious North Korean concentration camp, testifies on the human rights situation in the communist state at a special forum at the U.N. headquarters in New York on Wednesday;... Mercury-containing cosmetics from China sold in Korea Whitening cosmetics products containing mercury 58,000 times of the permissible level, which are produced in China, are circulating in South Korea. Such products are reportedly circulating in secrecy at Jangmadang...

Korean novelist attends US events for her books “This is a gift for my mom. I’m worried she will cry a lot like I did (after reading this book).” A blue-eyed U.S. girl shyly presented Shin Kyung-sook with the English version novel of “Please Look After Mom” at the... Korean Air beats Hyundai Capital with invincible blockings 

Fan uproar prompts Kia Tigers` manager to resign 

Lee Jeong-min wins silver in rowing at Asian Para Games 

KGC welcomes Oh Se-geun’s discharge from military  ----------------------------------------------

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

Koreans Enthusiastic Users of Shopping WebsitesKorean consumers are more enthusiastic online shoppers than their Chinese and Japanese counterparts, according to a study by IBM. Chinese consumers are avid users of social media, location tracking services and smartphones. >> Full Text

Seoul Reels After Kerry's Offer to Cut Down USFKSeoul is reeling from remarks by U.S. Secretary of State John Kerry that seemed to promise a reduction of the U.S. Forces Korea if North Korea denuclearizes. There is speculation about secret talks between Washington and Pyongyang, especially given the abrupt release of Jeffrey Fowle, one of three Americans detained in the North.  >> Full Text

Seoul Citizens Walk Less Than Those in Berlin, TokyoPeople living in Seoul walk less than their counterparts in Berlin or Japan, if an experiment by the Chosun Ilbo among 10 people in each of the three cities gives any indication. People in Seoul walked 39 minutes on an average weekday.  >> Full Text

Money Circulation Slows Alarmingly

No Troop Control Handover for at Least a Decade

Seoul Decorates Ex-U.S. Official

Korea Continues to Slide in FIFA Rankings

Hyundai Genesis Rated Safest Car in Australasia

Park In-bee Likely to Reclaim Top Spot-------------------------------------------

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

With 24-hour shifts and residents’ abuse, security guards grin and bear itSecurity guards receive less than minimum wage and are worried about layoffs with across-the-board wage increase coming soon

“Just leave it in the security office.”It’s something every apartment dweller has said when a delivery person calls. But processing deliveries isn‘t actually one of the apartment security guard’s official duties. Now many of those guards - the same ones who have been parking cars, sorting trash, and receiving packages for residents - are worried about possible mass layoffs ahead of next year’s planned introduction of an across-the-board minimum wage system.

Appeals court recognizes forced abortions and sterilization of Hansen’s disease patientsAn appeals court upheld a ruling holding the South Korean government liable for compensation to Hansen’s disease patients forcibly subjected to sterilization and abortions by the government.Judge Seo Tae-hwan of the second civil division of Gwangju High Court ruled on Oct. 22 to dismiss appeals from both the plaintiffs and defendants in a case requesting damages from the state for pain and suffering for 19 sufferers of Hansen’s disease (also known as leprosy),

Roaring currents & Lucy Choi Min-shikHe set an unimaginable new record in Korean cinema. Roaring Currents, in which Choi Min-sik plays Korea’s national hero Admiral YI Sun-shin topped the all-time box office standings in Korea with a record of 17.6 million admissions, dethroning Avatar (2009).

More South Koreans than ever choosing cremation over burial“Man came from dust and returns to dust.” So goes the old saying - but the rising rate of cremations in South Korea suggests it’s becoming a literal fact, too. A recent study shows eight out of every ten funerals is now carried out by cremation. It’s the result of a combination of factors, including changing family structures, more favorable perceptions among South Koreans, and a lack of space for burials.-----------------------------------------------

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

Residents block launch of leaflets But civic group gets one balloon going after shifting to GimpoResidents of the border town of Paju tried stopping civic group members from sending propaganda leaflets critical of North Korea via balloon across the Demilitarized Zone Saturday, throwing water bottles and eggs at them. Despite the day-long protest by Paju residents and liberal civic group members, Park Sang-hak, organizer of the campaign…  .

Arrival of iPhone 6 will change phone marketWill Apple’s larger smartphones, the iPhone 6 and 6 Plus, lead to lower prices for Korean smartphones, helping consumers more than the government’s Mobile Device Distribution…

Jobs for humanities majors pull a vanishing actAs college graduates face a tougher time finding jobs, some are resorting to extreme measures, such as lying about their educational backgrounds…

Reps vow help for sex slavesAn association of Korean and Japanese lawmakers said it will strive to restore the honor of victims enslaved by Japan’s military in World War II and help the Seoul and Tokyo…

North can fit nuke on missile: USFK commanderThe commander of U.S. forces in South Korea said on Friday he believes Pyongyang has the capability to build a nuclear warhead that can be …

Unification can be planned forObjective, self-reflective history education in schools and efforts to build trust between East and West Germany, as well as with its neighbors, …------------------------------

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 ... 

[Midday]KOPSI 1,931.82p( 12.30p) slightly up, KOSDAQ 545.52p( 3.73p) slightly upKOSPI & KOSDAQ Index KOSPI slightly up 0.64%(12.30p) to 1,931.82p at 13:01. KOSDAQ slightly up 0.... ---------------------------------------------

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

Property stimulus ends up only raising ‘jeonse’ in 2 months Property stimulus ends up only raising ‘jeonse’ in 2 months-image  It has been nearly two months since the government announced property stimulus on September 1, which shortened houses’ minimum eligibility age for reconstruction and banned the development of new residential cities near Seoul. The real estate market showed a marked recovery as recently as last month, as prices of houses were rising such as reconstructed houses in Gangnam and homes in Mok-dong and Sanggye-dong in Seoul, and the ratio of winning bid to.....10.26.2014

Smartphone faceoff: Samsung Galaxy Note Edge vs Appl..

Ground broken for S. Korea’s biggest R&D park

Chinese economists: Korean firms should..

Gov’t mulls extension of tenant protec..

S. Korea sparks race to 5G

Pre-sale apartments change hands in rec..                                                                                                

The Korea Post notices:

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                                                                                                                

The Korea Post news:

Newly 60% of people favor Constitutional change for a Cabinet system amidst opposition by Cheong Wa DaeReform-minded Chairman Kim Moo-sung of the ruling Saenuri Party said during his recent visit to China that he expected discussions would become active for a Constitutional change to effect a Cabinet system of government instead of the present Presidential system where the President is given very much power.The Cabinet system provides the President with power to take charge of the national defense and diplomacy but gives the power of domestic administration to the Prime Minister. This system was used in 1960 but was short-lived due to a military coup d’etat carried out by the late former President Park Chung-Hee.Chairman Kim’s statement was met with opposition from Cheong Wa Dae and Kim withdrew his view of the Constitutional change mindful of the attitude on the part of Cheong Wa Dae (the President).However, Kim’s proposal for a Constitutional change has a rather broad support from the main opposition New Politics Alliance for Democracy (NPAD) as well as from his own party of Saenuri.The Constitutional change also has the support of the majority of people in Korea, which is shown by opinion polls conducted by various media and research organizations.Here is one recent survey result published by popular Korean-language daily, Hankook Ilbo, on Oct. 20, 2014. It shows almost one half of the respondents support the Constitutional change.Specifically, the result showed 57.8% of the respondents saying yes to the Constitutional change (21.9% very much and 35.9% more or less yes) while only 29% said no (18.6% strongly no and 10.4% more or less no). People who make no response or said I don't know was 13.2%.------------------------------------

Attention, Trade Representatatives, 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

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