The Korean daily media headlines and humor
Tuesday, April 28, 2015
Here are The Korea Post notice, humor from a generous former Asian ambassador and a roundup of important headlines from all major Korean-language dailies, TV and other news media this morning:
Korea Post Media
P.S.: 1. To see the desired site, press down the Control key and click the blue URL of the media.
2. If received by a person other than the intended recipient, please kindly convey the mail to His/Her Excellency.
The Korea Post notice:
Excellencies, please do not miss this rare opportunity to view the entire expanse of the Siwaho Tide Electric Power Plant from a 100-meter-high Observation Tower during the tour of the 2015 Ansan International Street Arts Festival on Friday afternoon, May 1, 2015.
Excellencies and Madams will also see the highly classified Power Generation Facilities under the ground and see a 10-minute introductory video.
As mentioned in the Schedule of Invitation already transmitted to Your Excellency, the meeting time is 2 pm and the meeting place is Grand Hyatt Seoul.
Partly cloudy skies are forecast for the day with a high of 27 degrees centigrade and a low of 14 degrees.
There are only two days left to Festival on May 1. Again, please do not pass up the rare opportunity! If Your Excellency has not made a reservation,
please call David Chung (English) or Ms. Kim Jung-mi (Korean) at 2298-1740/2, 1745/6, 010-3481-1101 (David) or 010-3388-1682 (Ms. Kim).
Show the food of your country to the Korean people, expatriates
For exhibition at the Namyangju Slow Food & Life Expo in October this year to be sampled by half a million people expected to visit during the Expo.
Please introduce the mouth-watering food of your country while it is hot.
At Ansan Culture Plaza on May 1-3, 2015
Ansan City hosts International Street Drama Festival
The Ansan City, some 26 miles southwest of Seoul, hosts the 2015 Ansan International Street Drama Festival (AISDF) at the Ansan Culture Plaza on May 1-3, 2015 in a three-day run on the theme of ‘City in Action!’ which is also a slogan for the event.
A total of 61 works will be presented during the Festival, namely 48 from Korea and 13 from nine foreign countries.
The AISDF poses a substantial contrast with conventional street drama festivals in the fact that it attempts to produce new works created through a harmonious merger between the intrinsic artistic value of the street dramas and regional features of Ansan.
Among the 12 official entries are six Korean works and the remaining six entries from a number of different countries, namely France, Australia, the Netherlands and Portugal.
The Korean works consist of (1) AnNyeong (literally, “Hi!”) created by Creative Group NoNI, (2) Falling As I Lean Against the Wall, (3) Living The Good Life by Ambiguous Dance Company, (4) Pyro Art Work by HWARANG Art Pyrotechnics (5) ‘Donkey Shadow Trial’ by Art-Factory Comma And and (6) Tempest by THEATRE HADDANGSE. Among the six Korean works, the opening work is AnNyeong.
Among the foreign works, the opening entry is one from France named Envolee created by Aerosculpture Group. Others include the Megaphone Project by the Megaphone Project from Australia, The Poet on the Street from the Netherlands and the Remaining People from Portugal.
Ambassadors and Madams are invited to attend the opening ceremony on May 1, 2015. For our possible transmission failures, please call Tel 2298-1740/2, 010-5201-1740 or send an email to email@example.com or firstname.lastname@example.org.
For further details, please visit /news/view.html?section=161&category=181&no=898.
A scene from Envolee created by Aerosculpture Group of France.
The Korea Post notice:
You never know how your masterpiece speech is downgraded into low-quality utterances in the process of Korean translation.
Use The Korea Post Translator Pool where the translators are looked after personally by the Winner of the ‘Korean Literature Translation Award’ of Hankook Ilbo and The Korea Times and the former Cultural Editor of The Korea Herald.
Are you planning to publish an English and Korean pamphlet or brochure? Contact the Designer Pool of The Korea Post, which was formed with the graduates of the most prestigious Hongik University of College of Fine Arts.
Please send your orders to Tel 2298-1740/2, 010-5201-1740 or email@example.com.
Humor from a generous former Asian ambassador
When they arrived at the therapist's office, the therapist jumped right in and opened the floor for discussion.
"What seems to be the problem?"
Immediately, the husband held his long face down without anything to say. On the other hand, the wife began talking 90 miles an hour describing all the wrongs within their marriage.
After 5 - - 10 - - 15 minutes of listening to the wife, the therapist went over to her, picked her up by her shoulders, kissed her passionately for several minutes, and sat her back down.
Afterwards, the wife sat there - speechless.
He looked over at the husband who was staring in disbelief at what had happened.
The therapist spoke to the husband, "Your wife NEEDS that at least twice a week!"
The husband scratched his head and replied, "I can have her here on Tuesdays and Thursdays."
S. Korea to Send Rescue Workers to Quake-Ravaged Nepal
Anchor: South Korea will send about 40 rescue and medical personnel to quake-devastated Nepal. The government convened a meeting of related agencies on Monday...
Deaths in Nepal Tops 3,700
Countries Rush to Confirm Safety of Nationals in Nepal
S. Korean Mountaineers in Nepal Confirmed Safe
Abe Again Describes Sex Slaves as Victims of Human Trafficking
KIEP: S. Korea could Have Up to 3.95% Share in AIIB
Rival Parties Issue Mixed Responses on PM's Resignation
PM Lee Resigns with Apology
S. Korea Seeks to Sign FTAs with China, Vietnam in May
KIEP: S. Korea could Have Up to 3.95% Share in AIIB
KOSPI Ends Lower
Gov’t Approves First Fertilizer Aid to N. Korea Since 2010 Sanctions
Two Koreas to Discuss Gaeseong Wages
Coal from Rajin-Khasan Project to be Unloaded Monday
US Urged to Re-designate N. Korea as Terrorism Sponsor
Prosecutors Arrest Another Close Aide of Keangnam Chairman
More S. Korean Women Having Difficulties Getting Pregnant
Korean Fried Chicken Brand to be Sold at
Religious Groups to Help Quake-Hit Nepal
Churches in Korea to Raise Funds for Nepal
S. Korea, Chile to Boost Cooperation in Space Sciences
New Study Finds Phytoncide Levels Reach Highest in Morning
Gov't to Hold Contest to Discover Business Ideas
Lydia Ko Wins Swinging Skirts LPGA Classic for 2nd Straight Time
Ji So-yun Named PFA Women's Player of the Year
Pyeongchang Committee Forms Overseas Advisory Group
BOK chief says economy gaining traction
South Korea's top central bank said Tuesday the country's economic recovery is gaining momentum despite external risks but stressed that structural reform is necessary for long-term growth.
U.S. understands importance of history issues: White House
The United States understands how important Japan's history issues are to other allies in the region, the White House spokesman said Monday, suggesting the issue could be raised during summit talks between President Barack Obama and Japanese Prime Minister Shinzo Abe.
N.K. defector calls for Pyongyang's re-designation as terror sponsor, stronger sanctions
A North Korean defector-turned-activist said Monday he and other defectors will appeal to the United States to toughen sanctions and relist their former communist homeland as a terrorism sponsor for human rights violations.
U.S., Japan announces new defense cooperation guidelines
The United States and Japan on Monday announced a new defense cooperation pact designed to significantly expand Japan's military role in the region and beyond amid concern it could be a first step toward a revival of Japanese militarism.
Abe offers no apology for wartime sexual slavery
S. Korea, U.S. to push for 'meaningful' nuke talks: offici..
N. Korea threatens nuke attacks on U.S.
N. Korea improves coal shipment capacity at Rajin port
Gov't to remove barbed-wire fence on east coast
Seoul shares open higher on steelmakers, refiners
BOK chief says economy gaining traction
KOSPI 2,162.50 UP 4.96 points (open)
KOSDAQ 701.36 UP 1.97 points (open)
Dollar opens at 1,070.0 won DN from 1,073.0 won
Comedian sued for mocking building collapse victims
Men's Olympic football boss to double as senior team assis..
YG chief wants to work longer with BigBang
Perennial doormat, Hanwha Eagles on early roll
The Korea Times (http://www.koreatimes.co.kr)
Abenomics takes toll on Korea
Japanese Prime Minister Shinzo Abe is continuing with “Abenomics,” an economic policy based on massive quantitative easing and weakening of the yen, which Jap...
President gets sick
President Park Geun-hye will deliver her position on a corruption scandal involving her close aides when she recovers from travel fatigue, Cheong Wa Dae said ...
Park accepts PM's resignation over bribery scandal
President Park Geun-hye on Monday accepted Prime Minister Lee Wan-koo's offer to step down over a bribery scandal involving Lee and some of her key aides.
Teens indulged into virtual friends on smartphone
In 1996, Japan introduced a digital pet named “Tamagotchi.” Children, teens and even adults indulg...
Sexual crimes at train stations on sharp rise
Sexual crimes on trains have risen steeply, increasing 84 percent between 2012 and 2014, the Minis...
'Korea is not safe from earthquakes'
It is unlikely that a strong earthquake will hit the Korean Peninsula in the near future, but that doesn’t mean the country is completely safe, experts cautio...
Telecom act to stifle sales of G4, Galaxy S6
LG Electronics will release its latest smartphone, the G4, on Wednesday and seek to steal customer...
Crackdown to start on illegal tobacco ads
Starting next month, the Ministry of Health and Welfare will crack down on owners of retail stores which have illegal tobacco ads on display.
Fertilizer to be sent to NK for 1st time since sanctions
South Korea will send fertilizer to North Korea for the first time in five years, fueling optimism for a thawing of the frozen inter-Korean relations.
Hyundai Motor to set up body for shareholder rights
Hyundai Motor said Monday that it has decided to establish an independent committee through the board of directors to promote shareholders’ rights.
DongA Ilbo (http://english.donga.com)
Gov`t approves fertilizer aid to N. Korea first in five years
The government approved Monday a civic group`s plan to send fertilizers to North Korea. The move is the first of its kind since the May 24 sanctions took effect five years ago. The government had imposed the May 24...
Korean chicken franchise hits U.S. sports stadiums
Korean chicken will hit U.S. sports stadiums, home to "fried chicken." Leading chicken franchise Genesis BBQ Group said Monday it signed a memorandum of understanding at Grand Intercontinental Hotel in southern Seoul...
Outdoor festival planned at Sejong arts center for 30 days
Sejong Center for Performing Arts` outdoor festival "Gwanghwamun Culture Plaza" will begin Thursday and last for 30 days. People can enjoy various performances here at 6:30 p.m. during weekdays (except for Monday)...
Dodgers pitcher Ryu Hyun-jin says `No Pain`
LA Dodgers pitcher Ryu Hyun-jin (photo) took the first step toward his return. Ryu threw a bullpen session including long tosses at Petco Park in San Diego on Sunday. The KLAC reporter David Vassegh said, “Ryu threw...
Festival held to mark 100th anniversary for 8 Korean writers
The Daesan Foundation and the Writers Association of Korea will hold a literature festival from May 7 to commemorate the centenary anniversary of the birth of eight Korean writers. Under the theme of ‘Turbulent Era,...
Earthquake devastates Nepal, killing over 2,200
Kathmandu, the capital city of Nepal, has been devastated by a powerful earthquake. It was the worst disaster in 81 years in Nepal since an earthquake claimed 10,700 lives in 1934. The buildings in the northwest of...
Controversies over N. Korean leader’s call for ‘highest-level’ talks
Ki Sung-yueng, Son Heung-min as promising Korean soccer players
New year’s wishes change over time
Samsung’s mobile phone beats Apple to top ACSI
Actor Lee Jung-jae reported to be in a relationship with Daesang heiress
N. Korean leader shows willingness to hold inter-Korean summit
U.S. military base in Yongsan bans civilian drones, model aircrafts
Japanese police on 14-year manhunt for cruel murderer
Chosun Ilbo (http://english.chosun.com)
Doctors Sound Warning Over Child Obesity
Doctors on Thursday called on the government to do more to rein in child obesity. According to one study by Yonsei University College of Medicine, overweight children are highly likely to become obese adults. >> Full Text
N.Korea Feeds Up Separated Family Members
North Korean authorities have recently resumed efforts to locate families separated by the 1950-53 Korean War and are providing them with special food rations. This has led to speculation that Pyongyang is seeking to restart cross-border family reunions to mark the 70th anniversary of Korean independence from Japan. >> Full Text
Soaring Rents Drain Household Budgets
The proportion of rent in household spending has risen to over one-third of the average monthly budget. According to a report by the Hyundai Research Institute on Sunday, rent last year accounted for 34.5 percent of total household spendings for households who rent their homes. >> Full Text
More Japanese Abuses of Korean Women Come to Light
Seoul to Deploy New Guided Missiles Next Year
Park Tours Brazil in Korean Limousine Korea to Send Aid to Earthquake-Stricken Nepal
'Avengers' Sequel Sells 3 Million Tickets in Four Days
Kia's New Sorento Earns Highest Safety Rating in U.S.
Korea's Fishing Quota in Russian Waters Halved
Hankyoreh Shinmoon (http://english.hani.co.kr)
Pres. Park back from overseas trip, with a mountain of crises awaiting her
PM Lee Wan-koo’s resignation is likely to be accepted, and Park will have to find a replacement not tainted by scandal
After completing her tour of four countries in Latin America with a visit to Brazil, President Park Geun-hye departed from Sao Paulo, Brazil, early in the morning of Apr. 26 and arrived at Seoul Air Base in Seongnam, Gyeonggi Province on the morning of Apr. 27. While the Blue House asserts that Park achieved clear results on the 12-day trip - her longest since becoming president - the political situation at home during her absence was a chaotic series of crises.
Expansion of Japan’s military role from regional to global
A little over a year and a half ago on Oct. 3, 2013, South Korean received some shocking news like a bolt from the blue. “We welcome Japan’s efforts, including its exercise of collective self-defense,” came the message. It was an open expression of support from the US for Japan’s new collective self-defense rights, with Washington declaring at a U.S.-Japan Security Consultative Committee (2 2) meeting that day that it would “greatly bolster the US-Japan alliance’s capabilities in responding to a changing security environment in the Asia-Pacific region.” .
[Reporter’s notebook] US calling on S. Korea and Japan to “stitch up” historical disagreements
On the afternoon of Apr. 16, we were in the Dean Acheson Auditorium on the first floor of the Pentagon in Washington, D.C. The vice foreign ministers of South Korea, the US, and Japan had just completed a trilateral meeting and were holding a joint press conference. Perhaps because this was the first meeting that the vice foreign ministers of the three countries had held, there was nervousness in the air.When South Korean First Deputy Minister of Foreign Affairs Cho Tae-yong was speaking, .
In preparing US Congress address, Abe reportedly looking to his grandfather
Who is Shinzo Abe adopting as a role model as he prepares for the first ever joint address of the US Senate and House of Representatives by a Japanese Prime Minister? Japan’s Yomiuri Shimbun newspaper reported on Apr. 25 that Abe has been consulting a Congressional address by his grandfather, onetime Prime Minister and Class A war crime suspect Nobusuke Kishi (1896-1987) as he fine-tunes the speech‘s text. Abe is scheduled to deliver the 40-minute-long speech in English .
Vietnamese war victims speak of sexual violence by S. Korean troops for the first time
The old women reached into their memories. Slowly, haltingly, they began to speak. Some had been hiding it all their lives and were only talking about it now. Just as South Korea’s comfort women survivors waited until their old age before coming forward about their experiences as sexual slaves to the Japanese military - the first of them, Kim Hak-soon (1924-97), related hers on Aug. 14, 1991 - so these survivors of sexual assault during the Vietnam War were giving their first, difficult account of their experiences only now, as elderly women. .
Did S. Korea operate “comfort stations” in the Vietnam War?
“That Turkish bath was a ‘welfare center’ set up by the South Korean military exclusively for South Korean troops.”Did South Korea run prostitution facilities similar to the Japanese military’s “comfort stations” in Saigon and other cities during the Vietnam War? This question is drawing new attention after a Japanese magazine report on the discovery of records suggesting so by the US National Archives and Records Administration (NARA). .
25 US representatives sign letter asking Abe to face history in Washington
Just before Japanese Prime Minister Shinzo Abe’s visit to the US, 25 US representatives, along with the chair of the House Committee on Foreign Affairs, put their signatures on a letter to the Japanese government urging Abe to reaffirm the Murayama and Kono Statements and to face the facts of history. .
On US trip, Abe will appear to show war remorse at several events
On his upcoming visit to the US on Apr. 26, Japanese Prime Minister Shinzo Abe is planning to stage a number of events in which Japan appears to express remorse for the wrongs that it has done, including paying his respects at a US military cemetery. The itinerary of Abe’s trip to the US, which the Japanese government released on Apr. 24, includes visits to a number of sites related to war on the afternoon of Apr. 27, such as Arlington National Cemetery, a US memorial cemetery, .
[News analysis] Just where is S. Korea’s diplomacy headed?
Chinese President Xi Jinping met with Japanese Prime Minister Shinzo Abe at the Asian-African Summit in Jakarta on Apr. 22, which marked the 60th anniversary of the Bandung Conference. It was the second meeting between the two leaders after brief talks on the sidelines of the APEC in Beijing last November. Abe is also set to hold a summit with US President Barack Obama and become the first Japanese Prime Minister to address both houses of Congresses during a visit to the US from Apr. 26. .
[News analysis] What’s behind China and Japan’s diplomatic rapprochement?
Chinese President Xi Jinping sent a clear message of Beijing’s desire to improve relations with Tokyo at a surprise summit with Japanese Prime Minister Shinzo Abe in Indonesia on the evening of Apr. 22, their second in five months. Many are now turning their attention to possible reasons for the diplomatic shift by China, which had previously been at loggerheads with Japan over historical issues and sovereignty over the Senkaku (Diaoyu) Islands. Relations between Beijing and Tokyo .
JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
Back from trip, Park accepts Lee’s resignation
On the day of her return to Korea from a trip to four Latin American countries, President Park Geun-hye on Monday accepted the resignation of her embattled prime minister, who is directly implicated in an ongoing scandal. Presidential spokesman Min Kyung-wook said Park did not make any other remark…
One tech firm’s woes deflates whole Kosdaq
The fragility of Korea’s tech-heavy junior market, Kosdaq, which was on a roll recently, was exposed last week as a single accusation…
Abe starts landmark trip to U.S.
As he begins his high-profile trip to the United States, Japanese Prime Minister Shinzo Abe will sign on to newly revised bilateral defense guidelines…
Industry lobby balks at carbon goals
The carbon credit trading system launched the beginning of this year may hinder foreign investments that require the purchase of extra carbon credits…
U.S. companies, Iran agree on Osong investment
A consortium of U.S. companies and the Iranian government will invest $2 billion in the establishment of medical infrastructure in Osong, North Chungcheong…
Homeplus pays a price for selling personal data
The Fair Trade Commission on Monday fined discount hypermarket chain Homeplus 435 million won ($405,065) for collecting and selling the personal information…
Hyundai Motor foreign job forum set for August
Hyundai Motor Group will hold a forum to recruit Korean students and experienced workers abroad. The company said Monday it will hold the Hyundai Motor Group…
Genesis BBQ expands to U.S. colleges, stadiums
Genesis BBQ, a major Korean franchise restaurant operator, is expanding to major sports venues and college campuses across the United States, the company said on Monday…
Hunt is on for missing diary of Sung Wan-jong
An aide to Sung Wan-jong, former chief of Keangnam Enterprises and central figure in an unfolding payoff scandal, ordered a secretary to get rid of Sung’s diary the day…
Lifer absconds on 5-day leave from prison
A 47-year-old convict serving a life sentence for robbery and homicide vanished on a five-day leave from prison a week ago. Police are pursuing the fugitive…
Document from 1919 tells of Japan’s sexual assaults in Korea
Just days before Japanese Prime Minister Shinzo Abe is set to address a joint session of the U.S. Congress, the Korean Methodist Church…
Kotra’s China chiefs offer advice
With the Korea-China Free Trade Agreement set to go into effect soon, Korea Trade-Investment Promotion Agency (Kotra) China branch heads said Korean companies…
Upbeat market stumbles after net selling
Seoul’s main bourse started upbeat on Monday, but soon slumped due to institutional investors’ net selling. It closed at 2,157.54, 2.26 points or 0.10 percent lower…
Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
Re-approval process puts 3 home shopping channels on edge
With the launch of the re-approval process for the nation’s three major home shopping operators - Lotte Home Shopping, Hyundai Home Shopping and NS Home Shopping - by.. ...04.27 18:00
Gov’t subsidy to be cut by $5.58bn
The amount of government subsidy which has been on the rise every year will be cut by about 6 trillion won ($5.58 billion) next year. The government’s R&D budget will.. ...04.27 17:54
S. Korea losing out to China and Japan in railroad industry
Chinese railroad industry is relentlessly expanding. The country has intensively been making forays into the Asian region with the principle of ‘one belt one road’ w.. ...04.27 17:22
Park’s poor health may affect PM selection
President Park Geun-hye returned home from the 12-day trip to four South American countries, but her poor health is expected to affect the timing of her acceptance of .. ...04.27 17:09
Conglomerates rev up governance structure change
The overhaul of corporate governance is emerging as a hot button issue in the business community. South Korea’s ‘chaebols’, or large firms including Samsung Group, .. ...04.27 15:08
Concerns rise over S. Korea’s exports as China curbs processing trade
South Korea’s trade structure is facing an increasingly greater risk as the Chinese government is cutting back on imports of processing trade while Korea still relies.. ...04.27 14:23
Court sides with gov’t in smaller version of Lone Star lawsuit
With Lone Star Funds having filed a lawsuit against the South Korean government claiming it should be reimbursed a 850 billion won ($790 million) in tax, the Korean co.. ...04.27 11:00
S. Korea falls behind in global ‘ livable city’ war
The ‘livable city’ has been a hot issue for cities in a war to bring in creative talents. The cities drawing a slew of creative talents amid low fertility and aging .. ...04.27 10:11
Political battle between ruling, opposition parties getting fierce surroun..
Ahead of the by-election on April 29, the political battle between the ruling and opposition parties is getting fierce surrounding the so-called ‘Sung Wan-jong list.’.. ...04.26 17:13
84% of S. Koreans regard Sung Wan-jong list as true
Most South Koreans thought that the so-called ‘bribery list’ left behind by late businessman Sung-Wan-jong hitting hard political circles is true, according to a sur.. ...04.26 13:39
The Kyunghyang Shinmoon (http://english.khan.co.kr/)
South Korea's Diplomacy "Goes Missing," While Situation Surrounding the Korean Peninsula Rocks Countries related to the Korean Peninsula are acting quickly to adapt to the changing international security and economic environment, and signs of a change in ···
[Editorial] What Has the Sung Wan-jong List Investigation Team Been Up to During the Last Two Weeks?
It has been more than two weeks since the Prosecutors' Office gathered a special investigation team for the Sung Wan-jong list. Let's summarize the investigat···
Angry at Attempt to Divert Investigation: Moon Aims at President Park
New Politics Alliance for Democracy leader Moon Jae-in personally requested the adoption of a special prosecutor in relation to the Sung Wan-jong scandal on Apr···
[Editorial] Revised South Korea-U.S. Nuclear Agreement, Not All Good News
Assessments of the revised nuclear agreement reached between South Korea and the U.S. were generally positive in South Korea. This is probably because the n···
[South Korea-U.S. Initial a Nuclear Agreement] Both Countries Save Face by Expanding 'Superficial' Autonomy between Nonproliferation and Nuclear Sovereignty
The revised nuclear agreement between South Korea and the U.S. which the two countries initialed on April 22 gives South Korea significantly more room to move c···
Ruling Party Blurs Government Corruption Issue by Including the Opposition Party in the Sung Wan-jong Investigation
The ruling party is trying to distract the public from focusing on the true nature of the Sung Wan-jong list scandal by trying to include the opposition party. ···
First to Go down among the Names on the Sung Wan-jong List: A Beginning Not the End
Prime Minister Lee Wan-koo, 65, entangled in the Sung Wan-jong list scandal eventually expressed his intention to resign. Lee will be the first to step down amo···
The Next Prime Minister, A Proven Bureaucrat or a Politician? Cheong Wa Dae Once Again Agonizes over Its People
Cheong Wa Dae is once again agonizing over a successor to Prime Minister Lee Wan-koo, who expressed his plans to resign. Will Cheong Wa Dae choose a proven ···
The Korea Economic Daily (http://english.hankyung.com/)
Samsung Electronics Sees Smartphone Business Rebound
Samsung Electronics’ smartphone business enjoyed about a 40-percent growth in operating profit in the first quarter of this year compared to a quarter ago, indicating that its smartphone business is entering a phase of recovery. According to industry sources on April 26, Samsung Electronics’ IM di...
Ssangyong Motor Riding High on Brisk Demand for SUVs
Ssangyong Motor is witnessing a sharp increase in its sales of sports utility vehicles thanks to the surging demand for SUVs along with the expansion of outdoor markets in Korea. According to Ssangyong Motor on April 27, the company sold 21,107 cars in the first quarter of this year in the domestic ...
Solvay Breaks Ground for Saemangeum FEZ Silica Production Plant
Solvay S.A., one of the world's top chemicals producers, will build a highly dispersible silica production plant in Gunsan's Saemangeum Free Economic Zone. Solvay Silica Korea held a groundbreaking ceremony for its plant on April 27, with 100 of dignitaries including North Jeolla Province Governor S...
“11st” Launches into Malaysia
SK Planet’s open market “11st” launched into Malaysia, making it as its third foreign market after Turkey and Indonesia. Malaysia has a great potential to expand its e-commerce market since its economy grows fast and the Internet uptake rate is high. SK Planet held a ceremony in Kuala Lumpur in M...
Jeju Air Reports Record High Results in 1Q
Jeju Air enjoyed a record-breaking performance in the first quarter of this year. The company announced on April 27 that it posted sales of 144.4 billion won and operating profit of 21.1 billion won for the first quarter of this year, up 22 percent and 331 percent, respectively, from a year ago. Jej...
AJU Business Daily (http://eng.ajunews.com/korea)
Prospective homebuyers pack show house of apartment complex in Seoul
MODEL HOME: Visitors line up in front of a show house (also called a model home) of the E-pyonhansesang Hwarangdae Apartment Complex to be built in Muk-dong, Jungnang-gu, Seoul. Sunday. About 16,000 p…
China export fair opens at KINTEX
KOREA-CHINA FTA BUSINESS PLAZA: An export fair for small and medium-sized South Korean enterprises looking to sell their products to Chinese consumers opened at the Korea International Exhibition (KIN…
Romantic noir thriller 'The Shameless' to open in May
ACTRESS JEON DO-YEON: South Korean actress Jeon Do-yeon speaks during an event for "The Shameless," one of three homegrown films that have been invited to sidebar competition and non-competition categ…
Children participate in safety training program
FIRE EXTINGUISHERS: Children set off portable fire extinguishers during a safety training program at a park in Yeouido, Seoul, Thursday. The program was divided into several categories, such as disast…
Nearly 60% of South Korean high school students are Facebook users: poll
Nearly 60 percent of South Korean high school students are Facebook users, a survey showed Friday. According to the online poll of 7,217 high schoolers conducted by the Educational Broadcasting Sys…
South Korean consumer sentiment rises in April
Confidence among South Korean consumers rose in April, the central bank said Friday. The country's composite consumer sentiment index (CCSI) for April stood at 104, up three points from the pre…
Diageo Korea releases new vodkas 'Smirnoff Espresso' and 'Smirnoff Blueberry'
VODKAS WITH ALCOHOLIC CONTENT OF 37.5%: Models pose with new vodkas "Smirnoff Espresso" and "Smirnoff Blueberry," both (with an alcoholic content of 37.5 percent) rolled out by Diageo Korea, the local…
Danish audio maker Bang & Olufsen rolls out wireless intelligence sound system in S. Korea
PORTABLE AUDIO DEVICE: Models show the "BeoSound Moment," a wireless intelligence sound system rolled out by Bang & Olufsen, a Danish consumer electronics company that designs and manufactures auto pr…
32 exhibitors present 370 models at Seoul Motor Show 2015
REVIEW OF AUTO SHOW: A racing model poses with a car at the Seoul Motor Show 2015 at the Korea International Exhibition (KINTEX) Center in Goyang, north of Seoul. The biennial auto show ended April 12…
GDP growth remains below 1% level for 4 straight quarters: central bank
South Korea's economic growth remained below the 1 percent level for the fourth consecutive quarter in the first three months of this year, amid growing worries that the country's economy is m…
LG Watch Urbane Releasing at $365Kim Yong-joo
LG Electronics will be releasing their smart watch ¡®LG Watch Urbane¡? via three mobile carriers on the 24th. The factory price is $365. LG Wa...
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[Reportage] Galaxy S6 Makes a Great Hit in Huaqiang North, China
It is true that initial responses are better than that of Galaxy S5. There are many customers making inquiries, although we are short in supply as we are st...
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UNIST Developed Battery-less ‘Wireless Smart Sensor’
Domestic research team has developed the ¡®wireless smart sensor¡? that does not need battery in the sensor itself. The development leading role was...
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Presales for LG G4 Begins...Factory Price, $825?Kim Yong-joo
L​G Electronics began presales for their strategic smartphone, G4 , on April 22nd, at SK Telecom, KT, and LG U . All three telecommunication companies started ...
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Lotte Hi-Mart Imports and Sells Oversea Released Samsung Electronics TV
Lotte Hi-Mart will sell Samsung Electronics TV that was released in oversea market only domestically. The biggest electronics distributing company is supplying imported &ie...
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