The Korean daily media headlines and humor
Tuesday, May 12, 2015
Here are The Korea Post notice, humor from a Korean business daily and a roundup of important headlines from all major Korean-language dailies, TV and other news media this morning:
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Secret of Success
During an interview, a reporter asked the CEO of a prosperous company for the secret of success.
“And what are they?”
“How are right decisions made?”
“What is that?”
“How do you get experience?”
“What are they?”
S. Korea Urges N. Korea to Abide by UN Security Council Resolutions
South Korea has urged North Korea to abide by U.N. Security Council resolutions that ban ballistic missile launches after the North claimed it successfully test-fired a ballistic missile underwater.
Parties in Standoff on Pension Bill
Park to Visit US in Mid-June for Summit with Obama
President Park to Meet UN Secretary-General Ban
Top Negotiators to Hold Talks on South Korea-China-Japan FTA
Samsung's Achievements and Challenges Since Chairman's Heart Attack
S. Korea Urges N. Korea to Halt Work Slowdown at Gaeseong
Unification Ministry Separates Pyongyang's Provocations from Civilian Exchanges
N. Korea Enhances Cyber Warfare Capabilities
N. Korea's Former Defense Minister Dies
'Russia Urged N. Korea to Suspend Nuke Development'
"N. Korea's SLBM Test Violates UN Resolutions"
Former Doosan Chairman to be Questioned This Week
Prosecution Suspicious of Funds in Hong Joon-pyo's Account
No-Visa Entry for Jeju-bound Transit Tourists at Gimpo Airport
Events to Celebrate 1,000 Days to 2018
Seoul to Demolish Building Constructed in
Spring Nighttime Festival to be Held in
Local Scientists Develop Energy-Generating Photosynthesis System
S. Korea's Technology Level Estimated at 78.4% of US
S. Korea, Chile to Boost Cooperation in Space Sciences
S. Korea to Host World Taekwondo Championships in 2017
Lindsey Vonn Named Honorary Ambassador for Pyeongchang Games
Park In-bee Wins Second LPGA Tour Title This Season in Texas
Korean nail salon owners fuming over New York Times report about worker abuses
South Korean owners of nail salons in New York are fuming over a New York Times report about worker abuses at their shops, claiming the story unfairly portrayed Korean-run salons by highlighting problems at a small number of shops.
Pentagon denounces N.K.'s submarine missile test as 'blatant' violation of U.N. resolutions
The U.S. Defense Department on Monday denounced North Korea's test-firing of a submarine-launched ballistic missile as a "blatant violation" of U.N. Security Council resolutions and an example of Pyongyang's unwillingness to comply with international rules.
Kerry to visit S. Korea next week
U.S. Secretary of State John Kerry will visit South Korea next week to discuss pending bilateral issues as well as President Park Geun-hye's trip to Washington, the State Department announced Monday.
U.N. chief to visit S. Korea for education forum
U.N. Secretary-General Ban Ki-moon will travel to South Korea next week to attend a global education forum, the Foreign Ministry said Tuesday.
N. Korea, Russia discuss ways to deepen ties: KCNA
N. Korea's titular head of state met China's Xi at Russian..
China urges restraint after N. Korea's submarine mi..
S. Korea, China, Japan hold talks for 3-way FTA
Intellectual property trade deficit narrows in 2014
Samsung only chipmaker to expand capex in 2015: sources
Top headlines in major S. Korean newspapers
Boy Band SHINee to make comeback next week
New Korean drama starring Kim Soo-hyun to be show..
New Korean drama starring Kim Soo-hyun to be shown ..
The Korea Times (http://www.koreatimes.co.kr)
Seoul downplays NK's missile claim
The Defense Ministry downplayed Monday the significance of North Korea’s claim that it successfull...
Gov. Hong headed for prison
Will the prosecution be able to put South Gyeongsang Province Governor Hong Joon-pyo behind bars?
Saenuri calls for overhaul of missile defense system
The ruling Saenuri Party has called for an overhaul of the country’s missile defense system, Monday, amid growing concerns over a possible missile attack from...
King Jeongjo's journals to be available in Korean
Do you know that King Jeongjo, the 22nd monarch of the Joseon Kingdom (1392-1910), kept journals since he was nine years old?
Over 50 percent want no change to national pension
An absolute majority of people prefer to keep the national pension system as it is, according to an opinion poll.
Data-oriented mobile plans to accelerate content service race
KT’s new rate plan is expected to bring a major change to the local telecom industry, from voice calls and texting to data and content services.
Immigration official probed for 'visa sale'
The prosecution sought a detention warrant Monday for a Korean Immigration Service (KIS) official who allegedly received money from foreigners in exchange for...
Konkuk launches undergrad degree on stem cells
Konkuk University will create the country’s first undergraduate program on stem cell biology next year, the school said Monday.
'Cigarette law constitutional'
The Constitutional Court ruled Monday that the law on manufacturing and sales of cigarettes does not infringe upon individual rights.
NK general behind Cheonan attack dies
A North Korean general who is known to have ordered the March 2010 attack on the South Korean wars...
Park to hold summit with Obama
President Park Geun-hye plans to visit Washington next month for a summit with U.S. President Barack Obama, a government source said, Monday.
DongA Ilbo (http://english.donga.com)
14 Marine families defend frontline island
On Baengnyeong Island, South Korea`s northernmost island off the west coast and closest to North Korea, there are 14 families of soldiers defending it. Some are fathers and their children, while others are married...
Musicals coming to stage to mark 70th anniversary of national liberation
A series of large-scale creative musical are coming stage to mark the 70th anniversary of Korea`s liberation from Japan`s colonial rule. The first one to come to stage was "Hero," which is performed at the Blue Square...
Imperial parliament in Korea?
Son Byung-suk, director of Railway Bureau at the Land, Infrastructure and Transport Ministry, has met some 100 National Assembly members of both main and opposition parties in the past month. He took countless photos...
Korea becomes the world`s largest investor in China
Korea was the world`s largest investor in China in the first quarter of this year. Some attribute this to Korea companies` increasing China investment ahead of the effectuation of the Korea-China free trade deal. But...
Japanese solider admits to ‘forced mobilizing of Koreans as comfort women’
This reporter visited the Nakano ZERO exhibition hall in Nakano district in Tokyo, Japan on Friday. Fifty black and white photos were hanging at an exhibition room on underground level 2 at the center. They include...
Chun In-gee wins World Ladies Championship Salonpas Cup
On April 19 when the final round of Samcheonri Together Open of Korea Ladies Professional Golf Association was scheduled to be held, Chun In-gee (aged 21, HiteJinro) had a happy smile while Ko Jin-young (aged 20, Nefs)...
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)
More Teens Treated for ADHD
The incidence of attention deficit hyperactivity disorder is on the rise, with seven out of 10 sufferers aged between 10 and 19 years old. The National Health Insurance Service analyzed data on insurance payments between 2009 and 2013 and found that some 58,100 people were treated for ADHD symptoms in 2013. >> Full Text
Korean Envoy Meets N.Korean Head of State in Moscow
Saenuri Party lawmaker Yoon Sang-hyun met North Korea's perennial titular head of state Kim Yong-nam in Moscow on Saturday. Yoon said that he gave Kim a message of willingness to improve inter-Korean relations. >> Full Text
Park Struggles to Find New PM
President Park Geun-hye once again appears to be having a tough time finding a new prime minister two weeks after her latest appointment resigned in disgrace. Lee Wan-koo officially ended his 70-day tenure as PM on April 20 after being embroiled in a bribery scandal. >> Full Text
Japanese Man Indicted in Anti-Korean Arson Attempt
N.Korea Test-Fires Ballistic Missile from Submarine
Foreign Car Sales Drop in April
Korea to Host World Taekwondo Championships in 2017Promo Video for Samsung's Gear VR Gets 5 Million Views on YouTube
Samsung Chairman Marks One Year in Hospital200,000 Flock to Reopened
Lotte World Mall
Hankyoreh Shinmoon (http://english.hani.co.kr)
[News analysis] Was North Korea’s underwater launch a missile or a dummy?
North Korea announced on May 9 that it had carried out a successful underwater test of a submarine-launched ballistic missile. While the US and South Korean militaries said the test was the ejection of a dummy projectile rather than the launch of a ballistic missile, it seems clear that North Korea is accelerating its development of strategic weapons that have stealth and mobility.
Artists’ years of support by mother and sister the basis for film on labor’s agony
His mother spent 40 years working as an assistant at a sewing factory, but she did not try to force him to change his dream of becoming a poor artist. Long after his mother told him to “life is yours to live as you want,” the words continued to echo in his brain. His mother quietly watched and supported him as he endured the challenges of life as an artist, moving from painting to video and community art and finally to indie documentaries. .
US professor chronicles Asia’s unknown uprisings
A US professor and renowned May 18 scholar recently published two Korean translations of books on popular uprisings in ten Asian countries, including South Korea. Wentworth University of Technology professor George Katsiaficas will visit the Gwangju International Center on May 14 for an event to celebrate the publication of “Popular Uprisings in Korea” and "Popular Uprisings in Asia.”The two books, each around 650 pages long, present a chronicle of major uprisings in ten Asian countries. .
Elevated road to Seoul Station turned into walking and picnicking space
Seoul Metropolitan Government held an event on May 10 to mark the opening of a elevated road at Seoul Station into walking and picnicking space for the public. It is the second event in the city’s ongoing efforts to transform the road into a park space, after another in October of last year. The four-hour opening event, titled “Meeting the Seoul Station Elevated Road for the Second Time: Spring on the Road,” was held on the elevated road between 11 am and 3 pm by the city .
After a drunken peak, makgeolli’s 3 year hangover
Five years ago, the makgeolli industry was drunk on itself. Today it lacks the energy it once had. The makgeolli boom began in 2009 and by 2011 production amounts, sales, and exports reached the highest points in history. After 2012, the makgeolli market began declining. Exports fell from 458,198kl in 2011 to 426,216kl in 2013, and sales decreased from around 509.7 billion won ($466.4 million) in 2011 to around 473.8 billion won ($433.1 million) in 2013, declines of 7%. .
A Hankyoreh intern’s quest for the meaning of Makgeolli
I’m a little drunk and very sunburned. The two older Korean men I’m sitting with on the concrete bank of a stream in east Seoul are tipsy. One shows me how he can dance on one foot, doing high kicks with the other. We’re on our third bottle of makgeolli. Makgeolli is rice beer, one of Korea’s oldest alcohols, a fact that many of its elderly consumers eagerly relate with pride. .
How to take makgeolli from farmer’s swill to upmarket craft brew
Around 2010, the makgeolli industry enjoyed unprecedented growth, but the traditional Korean rice beer still has a negative image. For many people, makgeolli is something that farmers or manual laborers drink, is cheap, leads to bloating and belching, induces vomiting, leaves a nasty hangover, smells bad, causes indigestion, and only shows up at university festivals and traditional events. Since 2009, the perception that makgeolli is a healthy alcoholic beverage .
With crowds of Chinese tourists, cosmetics are now the new face of Myeongdong.
If there is a “youke windfall” in Myeongdong these days, it’s news to Mr. Lee, the 50-year-old manager of a clothing shop in the busy Seoul neighborhood for the past 30 years. Some 100,000 Chinese tourists - known commonly by the Chinese word “youke” - visited South Korea over their country’s long Labour Day weekend. For many of them, Myeongdong was a must-see stop on their itinerary. .
JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
North’s missile test prompts worries in Seoul
Launch of missile from submarine challenges South’s defense goals
Jolted by North Korea’s firing of a ballistic missile from a submarine, politicians in the South demanded that the military completely rewrite its defense strategy. But the minister of defense said Monday the country is fairly capable of countering existing threats from the North and is also…
Korea’s growing debt woes extend to students
The number of Korean students struggling to pay back student loans surged nearly 117 percent between 2010 and 2014, said a report by the Korea Institute of Finance…
Naver champions big data start-ups
Naver, the nation’s largest online portal, joined the government’s campaign to foster start-ups by opening a creative economy innovation center in Gangwon…
Samsung affiliates miss market estimates in Q1
Two-thirds of Samsung Group’s affiliates missed market estimates in the first quarter, according to data released by research firm FnGuide on Monday…
KT signs ‘smart power’ deal with Uzbekistan
KT, the country’s No. 2 telecom company, struck a $101 million deal with Uzbekistan to provide a smart energy solutions system, the company announced Monday.…
Both Korean bourses see rises in capitalizations
As Seoul’s main bourse finally pushed through a boxed range of a couple of years, its capitalization this year has added nearly 140 trillion won ($128 billion).…
Man behind 2010 attacks dead at 77
A top North Korean military official known to have orchestrated the sinking of the Cheonan warship and the shelling on Yeonpyeong Island in 2010 has died…
Park to visit Washington in June for a summit
President Park Geun-hye will visit the United States next month for a summit with U.S. President Barack Obama, sources from the government said Monday…
Gov’t tries to sell more Seoul lots
The government will hold an investment seminar about the sale of government-owned real estate properties in Seoul and Gyeonggi, part of the government’s relocation…
Banks see record low interest margins
Net interest margins (NIM), a key gauge of profitability, for 18 local banks fell to their lowest levels in the first quarter since 2009, according to a report released Monday…
Kospi gains slightly after three-day slump
The benchmark Kospi nudged up, finishing a three-day downturn due to gains in overseas stock markets. The Kospi index closed at 2,097.38 points…
Car exports hit by slumps in Russia and Middle East
With a slumping global economy, car production and exports from Korea declined in April while sales in the domestic market increased thanks to the popularity…
Sales of SME-made appliances surge online
Home appliances made by small and medium-sized enterprises (SME) are selling robustly as consumers look for cheaper options amid the sluggish economy…
Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
Calls growing for NPAD leader’s resignation
Calling are mounting that the main opposition New Politics Alliance for Democracy (NPAD) leader Moon Jae-in should step down. Following former leader Kim Han-gil calle.. ...05.11 18:10
Lawmakers slipping in bills
On April 20, members of the parliamentary Safety and Public Administration Committee participated in a meeting, where opposition lawmaker Rep. Jung Cheong-rae unexpect.. ...05.11 18:02
Ruling party members call for sending special envoy to the North
The South Korean government should dispatch an envoy to North Korea in order to lift 5.24 economic sanctions and resolve estranged inter-Korean relations, the ruling S.. ...05.11 17:59
LG Electronics to end Cannes Film Festival sponsorship
LG Electronics has decided to end its 10-year long sponsorship of the Cannes Film Festival. A high-ranking official at the company said Monday its board decided to mai.. ...05.11 17:12
Gangwon creative economy innovation center expected to buoy big data indus..
The Gangwon creative economy innovation center run by Naver and Gangwon Province is expected to act as a catalyst for revitalizing South Korea’s big data industry, wh.. ...05.11 17:11
S. Korean economy caught in ‘vicious cycle’
South Korean economy is experiencing a vicious cycle as exports, a last resort for the nation’s economy, are wobbling. Under a virtuous cycle, falling exports drive d.. ...05.11 14:37
UK-based ASOS visits Seoul to make push into direct purchase market
“South Korea is one of the Asian markets on the close watch list of ASOS. We’ll launch sales event for Rose Day (May 14) and Pepero Day (November 11) to target Korea.. ...05.11 11:32
N. Korea successfully test-fires underwater ballistic missile
North Korea’s successful test of an underwater ballistic missile is intensifying concerns of not only South Korea, but the international community including the US. S.. ...05.11 11:31
Tobacco tax revenue rises on price hike
Tax revenue from tobacco sales climbed as the government raised cigarette prices by 2,000 ($1.84) per pack starting this year. Unlike the government’s argument that.. ...05.11 10:27
Presidential office urges National Assembly to deal with public servant pe..
The South Korean presidential office on Sunday strongly called on the National Assembly to immediately deal with the civil servant pension reform, by clarifying its po.. ...05.10 17:34
The Kyunghyang Shinmoon (http://english.khan.co.kr/)
Documentary of Female Workers, Factory Complex Wins the Silver Lion at the Venice Biennale
Factory Complex is a 95-minute documentary shot in South Korea, Cambodia, and Vietnam and deals with labor issues concerning Asian women. Through an innovative···
[Eiditorial]Cheong Wa Dae's Irresponsible Claims of a Tax Bomb
Cheong Wa Dae openly presented a guideline on the pension problem. Senior Secretary Kim said, "The May provisional session of the National Assembly should firs···
Mistaken for Terrorists and Condemned as a Violent Religion: Muslims Hurt in South Korean Society"
My name is Usame, but if you read it in Arabic, it is Osama. Usually, Muslims think that the Islamic State of Iraq and Syria (ISIS) is a terrorist group, a mur···
Agreement Vanished into Thin Air at President's Words: Opposition Party Angry over Lack of Respect
The "move" by President Park Geun-hye has driven the pension reforms to an end. The agreement reached after more than four months of discussions by the ruling ···
Government Pushes ahead with the 'Sewol Decree' after Changing Ministries, But Independence of Special Committee Remains Damaged
The government pushed ahead with a vote on the decree for the special act on the Sewol accident despite the opposition from the special committee for the invest···
[Editorial] The Approval of Park Sang-ok Is Challenging Democracy
It not only challenges democracy, but it also betrays the spirit of the Constitution. A member of a team of prosecutors who investigated the torture and death o···
[Special Feature on the Seventieth Anniversary of National Liberation] The Debate on Pro-Japanese Collaborators
One of the hottest issues in the South Korean society during the seventy years following national liberation was the problem of the pro-Japanese collaborators. F···
[Editorial] Does President Park Know Why People Are Calling for Foreign Minister Yun's Resignation?
There was no ruling and opposition party in the parliamentary committee for foreign affairs and unification on Monday as lawmakers criticized the government's ···
The Korea Economic Daily (http://english.hankyung.com/)
KIC Earned $14.7 Bil. Profit for 10 Years in Existence
Korea Investment Corp., the nation's sovereign wealth fund, has earned an estimated 16 trillion won in profit for the past ten years since its establishment. The company said on May 11 that its return on investment last year was 10.0 percent. As for the return on bonds, it was below average of 8.8 p...
Most Foreign Students with Advanced Degrees Unable to Get a Job in Korea...
Waste of Talents
There are programs in Korea's universities to provide scholarships and stipends to foreign students from developing countries. Nonetheless, most of the students who earn advanced degrees are unable to get a job in Korea and instead have to go back home or a third country, which is a waste of money a...
KT Signs 120 Bil. Won Deal to Provide Smart Energy Meters in Uzbekistan
KT, Korea's largest telecom service provider, said on May 11 that it won a project worth 120 billion won to install advanced electricity metering systems commissioned by Uzbekistan's electricity authority. Under the terms of the deal, KT will provide smart meter readers that can be read remotely in ...
Domestic Car Sales Up 3.4% in April
Korea’s domestic car sales continued an upward trend in April 2015 on the back of the increase in sales of domestically made cars. Accordingto the Ministry of Trade, Industry, and Energy on May 11, the nation’s car output reached 424,402 units last month, down 2.2 percent from a year ago, with the nati...
Hyundai and Kia Regain Top Spot in U.S. Sub-compact Car Market
Hyundai Motor and Kia Motors regained the No.1 spot in the U.S. sub-compact car market, overtaking their rival Nissan in four months.According to U.S. automobile research firm Auto Data on May 11, Hyundai Motor and Kia Motors sold 11,010 units in the U.S. sub-compact car market last month, including...
AJU Business Daily (http://eng.ajunews.com/korea)
Hyundai-Kia retakes No. 1 spot in US subcompact car market
Hyundai Motor and its sister company Kia Motors retook the No. 1 spot in the U.S. subcompact car market in April for the first time since four months ago, edging out Japanese automaker Nissan, a U.S. …
Overpass near Seoul Station opened to pedestrians
Citizens take a stroll on an overpass near the Seoul Station in central Seoul on Sunday as the overpass was opened to the public. The Seoul metropolitan government opened a 1-kilometer-long section of…
Job fair for young people held
Young job seekers look for job opportunity from a bulletin board during a job fair, dubbed the "2014 Leading Korea Job Festival," which was held at COEX in southern Seoul in November last year.
S. Korea prepares for Buddha's Birthday
CHILD MONKS: A child, right, sheds tears after having his head shaved at Jogye Temple in central Seoul on Monday during the "Children Becoming Buddhist Monks" ceremony held ahead of the 2,559th Buddha…
Green Film Festival in Seoul opens
Actress Kim Hyo-jin poses for the camera during the opening ceremony of the 12th Green Film Festival in Seoul (GFFIS) at the Cine Cube Gwanghwamun in central Seoul Thursday. The 2015 GFFIS featuring 1…
?Hotel Shilla gets state-certified five-star plate
Hotel Shilla President Lee Bu-jin applauds during a ceremony to hang a five-star plate on the wall of the hotel in central Seoul, Thursday. Shilla became South Korea's first hotel to get a state-c…
Cho Min-soo and 5 other actresses to appear in KBS2 TV's "Lady Action'
Actress Cho Min-soo applauds during a media event for KBS2 TV's new program "Lady Action" at KBS building in Yeouido, Seoul, Wednesday. Also appearing in the program are actresses Kim Hyun-joo, So…
Subway library on line 3 in Seoul
'FUNFUN SUBWAY': A child reads a book on a Gupabal-bound subway train of line 3 in Seoul on May 5, the Children's Day. Seoul Metro, operator of lines 1-4, said it will run the "train for r…
Actress Seo Min-ji appears in Web drama 'Girl of 0 A.M.'
Actress Seo Min-ji speaks during a media event for the MBC Every 1's new Web drama "Girl of 0 A.M." at the Ilsan MBC Dream Center in Goyang, north of Seoul, Monday. She hosted KBS2 TV's "Music…
Children join 'coin donation campaign' for victims of Nepal earthquake
LET'S HELP VICTIMS OF NEPAL EARTHQUAKE: Children throw coins during a campaign event at the Cheonggye Plaza in central Seoul Sunday to help the victims of earthquake in Nepal. The United Nations s…
World TV Market Changes…Japan Collapse ,Samsung & LG Rise…China Closing Gap Quickly
Japan is starting to be ousted from a world TV market that is made up of South Korea, China, and Japan. Henceforth, it is predicted that the market will be contro...
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Stage Where Being Best To Be Fulfilled By The Biggest Semicon Line
There¡?s an opportunity for domestic semiconductor equipment and material businesses to grow together as a huge semiconductor complex, a size of complex in Hwa...
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Competition for better Smartphone camera pixel is now over, focus now turns to differentiation in manual mode and dual lenses
Main focus in Smartphone camera module competition is turning its head to various differentiating functions rather than raising the level of pixels. Optical Image Sta...
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Zinitix succeeds in domestically producing first Pin tech chip for the use of MST
It is now possible to produce a domestic Pin tech chip for the use of MST. It is expected that propagation of MST-style payment skills and demand for domestic P...
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Era of electric and autonomous cars is fast approaching…many material components industries are getting sought from foreign companies
Korean electric car materials and components businesses are receiving much attention from foreign countries as an era of electric and autonomous cars is approaching. The r...
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