The Korean daily media headlines and humor

The Korean daily media headlines and humor
Wednesday November 12, 2014

Your Excellency:
Here are a roundup of important headlines from all major Korean-language dailies, TV and other news media this morning:

/s/

Lee Kyung-sik
Publisher-Chairman
Korea Post Media
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The Korea Post news:

Especially in the IT and automotive industry
Slovak Minister of Economy Pavlis accents Korean investment in Slovakia
Ambassador Milan Lajciak of the Slovak Republic in Seoul hosted a dinner reception at the Ambassador Hotel in Seoul on Nov. 10, 2014 in honor of visiting Minister Pavol Pavlis of Economy of the Slovak Republic who was currently visiting Korea for the purpose of expanding economic cooperation between Korea and the Slovak Republic, especially inviting of Korean businesses to invest in his country.
Speaking to the guests, Ambassador Lajciak expressed his welcome and gratitude for the guests attending the reception and introduced Minister Pavlis of Economy and his delegation. Please scroll down to the bottom for further details and more photos. Also visit: /news/view.html?section=165&category=192&no=703

From left: Ambassador Milan Lajciak of Slovak Republic, Minister Pavol Pavlis of Economy of the Slovak
Republic, Rep. Hwang Jin-Ha (retired lieutenant general and chairman of the National Defense Committee of the National Assembly), and Publisher-Chairman Lee Kyung-sik of The Korea Post.
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Thank you, Excellencies, you keep The Korea Post ticking and growing

I express my deepest gratitude to the Excellencies and other distinguished readers for their kind renewing of their annual subscription to The Korea Post.
The Korea Post is an independent publication receiving no subsidy or any other form of financial support or assistance whatsoever from the government or any other organization in Korea or around the world. The Korea Post magazine, English and Korean Internet dailies and this e-daily are published solely with revenues from subscription and advertisement.
The subscription rate has not been raised since 2008 when it was last updated to the present rate, and this is the last chance for subscription to the old rates as they will have to be raised soon due to the continuously rising prices of commodities and other charges.
For renewal of annual subscription, the amount is 120,000 won (discounted from 144,000 won) and the bank account information is:

Name of Bank: Kookmin Bank
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Account Holder: The Korea Post

Subscription by the Excellencies and other distinguished readers keep The Korea Post going along with its sister publications, The Korea Post Online (www.koreapost.com), The Korea Post Korean Online (www.koreapost.co.kr) and the Korean Daily Media Headlines.
And, again my heart-felt gratitude for the kind support and assistance always given us by Your Excellency!
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Use The Korea Post Korean-language Internet Daily for your publicity need.

The Korea Post has completely renovated and upgraded its real-time Korean-language Internet into a regular Internet Daily (www.koreapost.co.kr).
Use it. It has a much wider audience in Korea than the English edition. Send your press releases to edt@koreapost.com for real-time publication.
The Korea Post exists to serve Your Excellency.
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The Korea Post news:

The Invest Bulgaria Agency (IBA) of the Bulgarian Ministry of Economy and Energy is hosting an investment forum entitled “Bulgaria: Grow Your Business 2014” at the Lotte Hotel in Seoul on Nov. 14, 2014. This was disclosed by the Embassy of Bulgaria this on Nov. 6, 2014.
For further details, please visit: /news/view.html?section=165&category=192&no=694.
Korean readers, please visit: http://www.koreapost.co.kr/news/articleView.html?idxno=3548.
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KBS (http://world.kbs.co.kr/english/news/)

S. Korea, U.S. Discuss N. Korea Issues at Beijing APEC 
South Korean President Park Geun-hye held a bilateral talks with U.S. President Barack Obama on the sidelines of the APEC summit under way in Beijing on Tuesday.

Sewol Captain Acquitted of Murder, Sentenced 36-Year Prison Term
The captain of the sunken Sewol ferry was acquitted of murder but sentenced to 36 years in prison for the involuntary manslaughter of the passengers he abandoned in the sinking ship.

S. Korea Asks Japan to Explain Entry Denial for Korean Dokdo SingerSouth Korea has demanded Japan explain the reason for its denial of entry for Korean singer Lee Seung-chul, but Tokyo failed to offer an explanation.

APEC Leaders Adopt Roadmap to FTAAP

APEC Summit Kicks off Final Day Session on Tuesday

Park Meets Japanese Prime Minister at APEC Gala Dinner

Seoul to Hold Kimchi Making Festival

Hearts of Vision Chamber Orchestra to Hold

S. Korea, Japan Aim to Add Records on Joseon-------------------------------------------

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

S. Korea's jobless rate stands at 3.2 pct in October
South Korea's jobless rate remained unchanged from a month earlier in October, but the pace of job creation slowed to a four-month low, a government report showed Wednesday.
The country's jobless rate stood at 3.2 percent last month, according to the report from the Statistics Korea.

U.N. likely to adopt N.K. human rights resolution next week: source
A U.N. General Assembly committee is expected to hold a vote as early as next week on a proposed resolution calling for referring North Korea to the International Criminal Court (ICC) for human rights violations, a diplomatic source said Tuesday. 2014/11/12 08:36

U.S. veterans of Korean War hold 'Turn Toward Busan' event
Dozens of American veterans of the Korean War and their families turned toward South Korea and offered a salute Tuesday in honor of U.S. and other international troops killed while fighting alongside the Asian ally.2014/11/12 07:20

S. Korea's import prices fall in Oct.South Korea's import prices extended their fall in October compared with a year earlier as global oil prices dropped, central bank data showed Wednesday. 2014/11/12 06:00

Obama, China's Xi start bilateral meetings in Beijing
U.S. President Barack Obama and Chinese President Xi Jinping began a series of bilateral meetings in Beijing late Tuesday as the two nations have vowed to manage their differences over a range of contentious issues. 2014/11/11 21:23
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The Korea Herald (http://www.koreaherald.com)

Park, Obama united against North Korea
Leaders of South Korea and the United States on Tuesday reaffirmed their commitment to dealing with North Korean provoca...

Sewol captain gets 36 years, cleared of murder charge
A district court Tuesday sentenced Lee Joon-seok, the captain of the sunken Sewol ferry, to 36 ...

Government ends search for victims of ferry sinking
All search operations at the site of the Sewol ferry sinking will stop, officials said Tuesday,...

Samsung pounds Nexen for 4th straight Korean baseball title
The Samsung Lions are the champions of South Korean baseball for the fourth straight year.The L...

Celebs barred from Japan amid Dokdo dispute
Singer Lee Seung-chul was denied entry to Japan on Sunday in an apparent retaliation for a performance on...

Korea-China FTA
The leaders of Korea and China declared a de facto conclusion of free trade negotiations bet...

Welfare financing
The presidential office has stepped into the mounting controversy over how to fund a set of ...
   
Daejeon education chief aims to foster global citizens with creativity
From an elementary school teacher to president of Hanbat National University, Seol Dong-ho has ...

Maestro Jansons strives for ‘cosmic’ level of music-making
For some classical music lovers, the news earlier this year that Mariss Jansons would be leavin...
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Dong A (http://english.donga.com)

Korea, China to agree on free trade deal
South Korea and China have largely concluded a free trade agreement in 22 years after the two countries established diplomatic relations. South Korean President Park Geun-hye and Chinese President Xi Jinping declared...   

Korea, China conclude free trade deal
Korean Trade, Industry and Energy Minister Yoon Sang-jick (left) and Chinese Commerce Minister Gao Hucheng (second from the right) exchange the signed memorandum of negotiation on a bilateral free-trade deal at the...
Ex-presidential secretary resigns from top position at KOCCA
Korea Creative Content Agency (KOCCA) CEO Hong Sang-pyo said he would resign four months before his term ends, drawing public attention. According to the agency and the Culture, Sports, and Tourism Ministry, Hong...

Probe result of Megumi’s death reported to minister
The Japanese Abduction Countermeasure Headquarters reportedly told Choi Sung-yong, head of the Family Assembly Abducted to North Korea who was involved in the investigation into the background of the death of Megumi...

Pepero Day sales are the highest among `Days`
Lotte Mart said Monday that sales growth for so-called Pepero Day (November 11) is higher than that for the Valentine`s Day (February 14) and White Day (March 14). The results were based on the analysis of major "Days"...

Evolution of performing arts posters: from work reputation to star fame
In the performing arts field, "fox" is a slang word for posters. It is used to bewitch people`s heart to make them come and watch. With the musicals market ever growing and competition heating up among musical works,...

Lee Mi-hyang wins Mizuno Classic for first LPGA title 

G.W. Bush publishes biography of senior Bush-------------------------------------------

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

N.Korea's Newly Rich Favor Foreign Smartphones
High-end Western smartphones are all the rage among women traders in North Korea's thriving open-air markets. Seventy percent of all cell phones in North Korea are concentrated in Pyongyang. >> Full Text

Experts Worry About Delay to FTA with AustraliaKorea could lose US$456 million worth of annual exports if a free trade agreement with Australia is ratified later than a similar deal between Canberra and Tokyo, the Korea Institute for Industrial Economics and Trade warned Friday. Australia signed its FTAs with Korea on April 8 and with Japan on July 8, but ratification has been slow here but prompt in Japan.  >> Full Text

More Restaurant Meals Blamed for Growing Health RisksShifting eating habits mean that the proportion of people who eat in restaurants more than once a day rose 6.5 percent from 2012 to 31.7 percent last year, a study by the Korea Centers for Disease Control shows.  >> Full Text

Seoul to Buy W1.5 Trillion Worth of U.S. Interceptor Missiles

N.Korea Releases 2 U.S. Prisoners

Divers to Give Up Search for Ferry Disaster Victims-------------------------------------------

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

North Korea releases two long-term American detaineesSudden release, negotiated by envoy James Clapper, could create an atmosphere more favorable to dialogue
The climate for a possible resumption of North Korea-US dialogue improved on Nov. 8 when North Korea release

d two long-term US detainees.
The release came after US President Barack Obama responded to Pyongyang’s proposal to let the Americans go by sending Director of National Intelligence James Clapper as a presidential envoy.

2,000 days later, Ssangyong worker beaten down, but not brokenThat day, he was surrounded by police on the roof of the painting factory at Ssangyong Motor’s Pyeongtaek plant. They beat him until he was unconscious and dragged him away. When he came to, he was inside the paddy wagon on the way to Anseong Police Station.

Workers still struggling 44 years after iconic self-immolationThe scene is the sidewalk across from the entrance to the New Hyundai Apartments in the Apgujeong neighborhood of Seoul’s Gangnam District on the morning of Nov. 9. Near a building with banks and plastic surgery clinics, a crowd of people wearing hemp shrouds sit in the cold wind.

The budget battle that was a long time comingThe budget battle that is heating up now was in the cards from the moment then-presidential candidate Park Geun-hye pledged in 2012 to expand social services without raising taxes.
Now the administration is pressuring local governments to come up with the necessary funds for basic pensions and free child care (the “NURI program” for children aged three to five), while making up the difference from the budget for school meals - the opposition‘s calling card.
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Joong Ang (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Korea-China FTA signed with record speed
But exclusion of cars, rice and other products produces narrow pactKorea announced yesterday that it finally reached a bilateral free trade agreement with China, one of the world’s largest markets with 1.3 billion consumers, two and half years since negotiations first started. The trade ministers of both countries signed an agreement in Beijing yesterday while Presidents Park Geun-hye of Korea and Xi Jinping…  .

Park and Xi hold their 5th summit in BeijingPresident Park Geun-hye and Chinese President Xi Jinping agreed during their fifth summit talk in the Chinese capital to cooperate in encouraging North Korea…

Soldier says he was beaten into a 19-month comaAn Army private who was in a coma for a year and seven months opened his eyes in an intensive care unit in September 2013, to the joy of his mother,…

Pact expected to follow in footsteps of past 9 economy-boosting agreementsWill the free trade agreement with China help the Korean economy climb out of its current state of deceleration? In a report released yesterday, the Korean government said…

Cosmetics and transportation industries are smilingWhich industries are going to benefit most from the free trade pact with China? Experts predict that transportation, cosmetics and high-end fashion businesses will thrive…
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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 ... 
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Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)

Apple Pay service lands in Korea amid FinTech wave
Apple Pay service lands in Korea amid FinTech wave-image  Apple Pay, Apple`s new mobile payment system, is already being used in Korea, while its service is not officially launched here. Some merchants of Home Plus, Starbucks and GS25 convenient shops have adopted Visa payWave, Visa’s NFC mobile payment application, which recognizes U.S. Visa cards in conjunction with Apple Pay.“Apple Pay payments have been steadily carried out here since the launch of iPhone 6 last month,” said a Visa Korea official. App.....11.10.2014

Seoul, Daegu take different path toward hotel constr..

S. Korean won sinks to 1,094 won vs dollar in intrad..

5 welfare programmes show signs of ‘go..

Real estate fee cut starts in full swing

Gov’t to reform businesses of public c..

The Korea Post notices:

The Korea Post opens Korean-language Business-Economic Internet edition
I 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 address
Telephone, fax and mobile phone numbers
Mailing address for regular mail such as complimentary copies of The Korea Post
Any 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 2298-9506
010-3386-1682 Ms. Kim Jung-Mi for Korean callers
010-5201-1740 Chairman Lee Kyung-sik (for English)
Email address: edt@koreapost.com

The Korea Post notices:

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 country
3. 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 2298-9506
010-3386-1682 Ms. Kim Jung-Mi for Korean callers
010-5201-1740 Chairman Lee Kyung-sik (for English)
Email address: edt@koreapost.com-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Invitation
Your Excellency:
I am pleased to inform Your Excellency that Dr. Seo Hyo-seok, Director of the PyunKang Oriental Clinic, cordially invites Your Excellency and Madam to a Luncheon and Tour of the PyunKang Oriental Clinic in Seocho-dong, Seoul, located opposite the Diplomatic Center.
Dr. Seo will present Oriental medical tips on how to live beyond 120 years, which Your Excellency could spread to the people of your country for the promotion of their health. Could there be a more important thing in life?
Name: Luncheon and Tour of PyunKang Oriental Clinic
Time: Meet at Diplomatic Center at 1000 hours, Wednesday 12 November 2014
Venue: Diplomatic Center and PyunKang Oriental Clinic located opposite the Diplomatic Center, Seocho-dong, Seocho-gu, Seoul (where Uzbek Embassy is located)
Purpose: Promotion of international cooperation in Oriental medicine
Information on PyungKang Oriential Clinic:
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)

Detailed schedule follows:
1000-1200 hours, Wednesday 12 November 2014: Welcome ceremony and introduction of Oriential medicine at the Banquet Room (12th floor), Diplomatic Center Building
1200-1300 hours: Attend luncheon hosted by Dr. and Mrs. Seo.
1300-1320 hours: Move from Diplomatic Center to PyunKang Oriental Clinic.
1320-1500 hours: Have Oriental health checkup, tour Clinic facilities, view introductory video, receive Pyunkang-tang Oriental medicine as a gift.
Director Seo also has Oriental Clinic in various other cities in Korea, including one in Myeong-dong in Seoul, Gunsan and Ansan, and outside Korea he has one in Los Angeles and Osaka, Japan.
Dr. Seo’s Oriental medicine, Pyunkang-tang and Pyunkang-hwan (which obtained the approval of the US FDA), are exported to over 30 different countries of the world--with the annual turnover exceeding 17 billion won (US$16 million).
According to World Health Organization, COPD (chronic obstructive pulmonary disease) which includes emphysema and bronchiectasis, has the fourth highest mortality rate which is expected to become third highest by 2030. It said that 65 million persons are already serious cases of COPD and in Korea every third person among the senior citizens above the age of 65 is suffering from COPD. Pyunkang-tang and Pyunkang-hwan are known to be good for controlling COPD diseases.
Very Respectfully Yours
/s/

Lee Kyung-sik
Publisher-Chairman
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RSVP:
We will attend (with spouse)____, I will attend (alone)____, Mobile phone__________________.
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The Korea Post news:
Especially in the IT and automotive industry
Slovak Minister of Economy Pavlis accents Korean investment in Slovakia
Ambassador Milan Lajciak of the Slovak Republic in Seoul hosted a dinner reception at the Ambassador Hotel in Seoul on Nov. 10, 2014 in honor of visiting Minister Pavol Pavlis of Economy of the Slovak Republic who was currently visiting Korea for the purpose of expanding economic cooperation between Korea and the Slovak Republic, especially inviting of Korean businesses to invest in his country.
Speaking to the guests, Ambassador Lajciak expressed his welcome and gratitude for the guests attending the reception and introduced Minister Pavlis of Economy and his delegation.
In a brief interview with Publisher-Chairman Lee Kyung-sik of The Korea Post, Minister Pavlis said that IT (information technology) was one of the most important areas where Slovakia wished to invite the Korean businesses to invest in Slovakia. Then came the automobile industry, he disclosed, where Korean businesses were most welcome for investment or formation of joint venture with Slovak counterparts.
Then he said that the Slovak Republic had some of the world’s most attractive tourist destinations, which included some that have been designated by UNESCO as cultural heritage of the world. It appeared that he was suggesting there were attractive sights, sounds and delicious food and beverage in his country which the Korean business people could enjoy while doing business in the Slovak Republic.
There were many distinguished guests attending the party from Korean society as well as from the international community, particularly the Diplomatic Corps in Korea and the Slovak community.
Among the Korean guests in attendance were Rep. Hwang Jin-Ha (ruling Saenuri Party, chairman of the National Defense Committee of the National Assembly and a retired Army lieutenant [three-star] general), Publisher-Chairman Lee Kyung-sik of The Korea Post, President Lee Jeong-baek of Olive Ad Co., Vice President Lee Myung-hoon of KOTFA and Executive Senior Vice President Chung Hunjin of Bangjoo Optical.
From the Diplomatic Corps in Korea came many mission chiefs who included Ambassadors Elisabeth Bertagnoli of Austria, Petar Andonov of Bulgaria, Tomasz Kozlowski of the EU Delegation, Sergio Mercuri of Italy, Krzysztof Majka of Poland and Calin Fabian of Romania. There also was UN NGO Peace Ambassador Ferninand Renz for Germany.
From the international business community also came a good number of CEOs and other senior executives, who included CEO David Harrow of GGB Bearing Technology.
Members of the Delegation of Minister Pavlis present at the party included Director General Bruno Hromy of the Cabinet of the Minister (who presented a beautiful English interpretation of the speech and remarks of Minister Pavlis and CEO Robert Simoncic of Sario Slovak Investment and Trade Development Agency.
From left: Minister Pavol Pavlis of Economy of the Slovak Republic, Ambassador Milan Lajciak of Slovak Republic
and Director General Bruno Hromy of the Cabinet of the Minister who gave an English interpretation of the speech made by Minister Pavlis.

From left, foreground, Rep. Hwang Jin-Ha (retired lieutenant general and chairman of the National Defense Committee of the National Assembly),
Minister Pavlis and Ambassador Lajciak.

Minister Pavlis of Economy (third from left) speaks at an interview with Publisher-Chairman Lee Kyung-sik of The Korea Post
while it is interpreted by Director General Hromy and tape-recorded by Representative Ms. Linda Yoon of the Korean-language Internet Business Daily of The Korea Post.

From left: Ambassador Lajciak, Minister Pavlis, Rep. Hwang and Publisher-Chairman Lee of The Korea Post.

From left, UN NGO Peace Ambassador Ferdinand Renz for Germany, Rep. Hwang, Publisher-Chairman Lee
and Representative Ms. Linda Yoon.