Aug. 12, 2015
The Korean daily media headlines and humor
Wednesday, Aug. 12, 2015
Your Excellency:
Here are The Korea Post notices, humor from Korean business daily and a roundup of important headlines from all major Korean-language dailies, TV and other news media this morning:
Lee Kyung-sik
Publisher-Chairman
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 notices:
Ever head of Kittenball Prince? It is an interesting puzzle game that can be enjoyed all the family members, including kindergarteners.
Here is the game: /news/view.html?section=162&category=182&no=1022
-------------------------------------------
Gyeongju Festival is a 1-night-2-day tour instead of a single-day event
URGENT: Tour of Gyeongjju Silk Road Culture Expo was expanded to one-night-two-day tour from a one day event and the departure time was changed to 0845 hours Friday morning 21 August 2015 from 0730 hours the same day. Accordingly the returning time in Seoul has also been changed to 12:32 hours hours the following day (Saturday 22 August) instead of Friday 21 August.
It is considered good news because the previous time (0730 hours) was too early and also the new schedule allows ample time to tour the famed Yangdong Folk Village.
A new schedule will be emailed to Your Excellency within today and I hope that the changed schedule would meet Your Excellency’s convenience.
HYANGDAN HOUSE IN YANGDONG FOLK VILLAGE IN GYEONGJU?One of the biggest traditional Korean tile-roofed houses of the nobility in the Joseon Dynasty. It is located at the entrance of the Yangdong Folk Village in Gyeongju City. Hyangdan was built in 1543 and was designated as the 412th Treasure on Nov. 14, 1964. Hyangdan was the house of Governor Yi Eon-jeok of the Gyeongsang Province during the Joseon Dynasty. Yi had the house built for his younger brother, Yi Eon-jeok, who looked after his ageing mother in his place because he could devote himself to serving the King. Hyangdan, therefore, stands for good brotherly relations, filial piety for parents and loyalty to the king. Yangdong Village was designated as the 189th Important Folk Relic on Dec. 20, 1984 as an upper class community. Hyangdan is one of the main tourist destinations for the ambassadors and spouses during their visit to Gyeongju on the occasion of the Gyeongju Silk Road Expo on Friday 21, August 2015.
------------------------------------------
Invitation to Gyeongju Silk Road Culture Expo
Story and photos on Yangdong Folk Village: /news/view.html?section=162&category=182&no=1019
Story and photos on famed Buddhist Monk Hyecho: /news/view.html?section=162&category=182&no=1020
Earlier in May this year, over 60 ambassadors and other senior diplomats attended the prelude event ‘Gyeongju Student Silk Road Festival’ when the drama featured the “Love Story of Silla Princess and Iranian Prince.’ The Main Gyeongsu Silk Road Culture Expo (unlike the prelude student event) has many interesting programs extremely attractive to the Ambassadors and Madams.
As in the case of the previous (student) festival, deluxe KTX Train will be used between Seoul and Gyeongju.
A formal letter of Invitation will be faxed and emailed to Your Excellency today.
Just in case of our possible transmission failure, our contact phone numbers are:
Regular phones: 2298-1745/6, 2298-1740/2
Mobile phones: Ms. Kim at 010-3388-1682 (Korean), David Chung at 010-3481-1101 (English) or Chairman Lee at 010-5201-1740.
-------------------------------------------
Use the 2015 Namyangju Slow Life Festival to introduce your delicious food
Namyangju City, on the eastern outskirts of Seoul, hosts the 2015 Namyangju Slow Life Planet International Festival on October 8-17, 2015 in a 10-day run, which is an extended Festival from the successful Namyangju Slow Food Fair which the City hosted in 2013. The Korea Post, a principal supporter, covers the Festival with all its five media units in the following three months and throughout the 10-day period. Related URLs are as follows:
http://www.slowlifeplanet.org/english/Introduction of Festival/Invitation Message
As a prominent event of the Festival, the Organizing Committee has a special exhibition program of the food materials (durable ones) and cooking utensils of the different countries, including the following:
1. Rice, wheat and corn from different countries
2. Representative bread of all the countries of the world, including Northern India, Pakistan, Middle East Countries, Germany, Israel, North America, Europe, Italy, Turkey, Scotland, North America and Europe.`
3. Spices and condiments from different countries (such as Coriander of Vietnam, Lemon grass of Thailand, Basil of Italy, Saffron of India and Spain, Turmeric of India, Oregano of the Mediterranean countries, Allspice, bay leaves, Tarragon, Thyme, Close and Star anise).
4. Tableware (such as spoons, bowls, dishes, plates, tablecloth, aprons)
5. Cooking utensils such as cutting boards, knives, cooking pots, pans, cheese-grinder, pasta-making tools)
6. High-resolution photo images of the above for showing at the event site and publication by the five media units of The Korea Post for the three consecutive months.
7. Videos introducing the culture and tourism-related aspects of each country
For participation and further details, please call 010-3388-1682 (Korean), 010-3481-01101 (English) or 5201-1740 (Chairman Lee). Regular phones are: 2298-1740/2, 1745/6. Fax 2298-9506.
-------------------------------------------
Today’s humor:
Hankuk Kyungje
Drink in Lunch Box
After an exhausting weekend, the mother woke up Monday morning and speedily packed lunch for her eight-year-old son.
When she got home from work late that day, her son handed her a note from his teacher, requesting the mother to see her.
“What’s this all about?” she asked sternly.
Opening his lunch box, her son showed her the drink she had given him that morning. It was a can of beer.
-------------------------------------------
KBS (http://world.kbs.co.kr/english/news/)
Park: S. Korea Will Continue to Pressure Pyongyang
President Park Geun-hye says South Korea will use strong deterrence and sustain pressure on Pyongyang following continued provocations by the...
US: N. Korea Breached Armistice Agreement
Defense Chief Considers Tougher Operations to Secure DMZ Control
Sex Slavery Victims Ask Seoul to Play Role in Court Mediation
Satellite Imagery Suggests N. Korea Operating Second Centrifuge Building
Park: S. Korea Will Continue to Pressure Pyongyang
Leaders of S. Korea, Singapore Exchange Messages to Mark 40th Anniversary of Diplomatic Ties
Gov't Considers Ways to Honor Soldiers Injured in DMZ
S. Korea's Overseas Investment Increases 12% in First Half
KOSPI Falls Below 2,000 Threshold
S. Korea Has Too Many Small Biz for Economic Size
Key N. Korean Web Sites Go Dark
'Seoul Attempted to Propose Inter-Korean Talks'
Former First Lady Returns from N. Korea, No Meeting with Kim Jong-un
US Again Denies Pressure on S. Korea over Attending Beijing Event
US: N. Korea Breached Armistice Agreement
Gov't to Strengthen Health Insurance Eligibility for Overseas Koreans, Foreigners
4.5 Kg of Illegal Substances Smuggled into S. Korea via USFK Postal Service
Palman Daejanggyeong Confirmed to Have
School Texts to Include More Content on
Pentaport Rock Festival Kicks off in Incheon
S. Korean Researchers Develop Salinity Power Generation Technology
Heat Wave Advisories Lifted
5 Vaccinations Recommended for Foreign Residents
S. Korea Wins Little League Baseball Intermediate World Series
S. Korea Wins Men's East Asian Cup
S. Korea Finishes Second at Women's East Asian Cup
-------------------------------------------
Yonhap (http://english.yonhapnews.co.kr)
U.S. condemns N. Korea's planting of landmines
The United States on Tuesday condemned North Korea for planting landmines along its border with South Korea after the mines exploded and maimed two South Korean soldiers.
Park Byung-ho of Nexen Heroes quietly reaches homer milestone
It's not often that reaching 40 home runs in any baseball season can go unnoticed, but that's exactly what happened to Park Byung-ho of the Nexen Heroes on Tuesday.
Daum Kakao to launch high-end taxi service in Oct.
South Korea's top mobile messenger operator Daum Kakao Corp. said Wednesday its popular taxi application will be updated in October to allow users to hail high-end taxis.
Park vows to keep up pressure on N. Korea over provocations
President Park Geun-hye vowed Tuesday to keep up pressure on North Korea following the land mine attack that maimed two South Korean soldiers.
S. Korea urges N. Korea to apologize for land mine attack
South Korea urged North Korea Tuesday to offer an apology over the landmine attack as Seoul's defense chief vowed to seize initiative along the heavily fortified border.
Park vows to sternly deal with N. Korea's provoca..
S. Korea checking flood damage in N. Korea
S. Korea urges N.K. to stop insulting Park over new..
N. Korea rebukes Park for condemning NK's new standard tim..
China devalues yuan for 2nd day, ignites fears of c..
Daum Kakao to launch high-end taxi service in Oct.
Household loan growth slows in July
S. Korea's M2 money supply slows in June
Pirates rookie Kang Jung-ho meets plate-appearance require..
S. Korea's Catholic Church to unveil commemorative stone t..
Three Korean films invited to Toronto fest
FIFA presidential hopeful Chung Mong-joon meets rival agai..
------------------------------------------
The Korea Times (http://www.koreatimes.co.kr)
A man self-immolates in front of Japanese embassy in Seoul
A 80-something man self-immolated himself in front of the Japanese Embassy in Seoul Wednesday, as the civic group advocating comfort women were holding a rally.
Kim Koo most cited independence hero on Twitter
Kim Koo, who led Korea's government in exile during Japan's 1910-45 colonial rule, was the most ci...
Tension builds along border
Tension is building along the inter-Korean border as the South is beefing up military readiness in response to last week’s mine explosion in the Demilitarized...
China cheapens yuan currency as economy slows
China's central bank Tuesday devalued its yuan currency by nearly two percent against the U.S. dollar, in a surprise move widely seen as the latest measure to...
Appeals court acquits Sri Lankan man of robbery
An appeals court in Daegu Tuesday upheld a lower court’s decision acquitting a Sri Lankan man of t...
Korea's native plants to find new names
During Japan’s colonial rule of the Korean Peninsula, it was not only Koreans who were forced to c...
Lonely deaths of homeless foreigners arise
The Seoul Metropolitan Government said Monday it was trying to identify a homeless man who died of...
Hyundai Motor to use peak wages in 2016
Hyundai Motor will implement a group-wide peak wage system from next year to allow greater room to...
A facelift for a dog?
Koreans are known for their penchant for cosmetic surgery. Now the trend appears to be moving towa...
Emperor to invest in 'Saimdang, the Herstory'
Top actress Lee Young-ae’s fame is undiminished. Recently, Hong Kong Emperor Group announced it pl...
Curator files damage suit against ex-president's son
A curator, who helped Chun Jae-kook, the son of former president Chun Doo-hwan, purchase a high-end art collection, has filed a damages suit against the eldes...
'Korea should adopt two-track policy on Abe
A two-track diplomatic strategy should be adopted by government representatives when dealing with ...
Tropical nights put heat on behavior
Tropical nights in the past week have affected people’s behavior.
-----------------------------------------
The Korea Herald (http://www.koreaherald.com)
Man sets himself on fire near Japanese Embassy
An elderly man set himself on fire near the Japanese Embassy in Seoul Wednesday, but is not in critical condition, a pol...
Lotte pledges to list hotel, cut circular shareholding
Lotte Group chairman Shin Dong-bin on Tuesday bowed to public pressure and announced a plan to ...
Pets’ fates worlds apart during vacation season
Planning a three-day family vacation at a local resort last summer, serviceman Choi Woo-young w...
Tourists to get easier tax refunds
The Cabinet on Tuesday approved a decree to allow foreign tourists tax reimbursements of up to ...
Daum Kakao bets on mobile biz with young CEO
Daum Kakao, the Korean Internet giant, is betting big on a new CEO who may be less experienced but full o...
A tricky provocation
The long strained inter-Korean relations are worsening in the days leading to the 70th anniv...
Proactive approach
South Korea and the U.S. have denied a recent report by a Japanese news agency that Washingt...
Seoul Phil head vows to mend reputation
In the aftermath of the recent media frenzy and public shock of discovering former Seoul Philha...
Infinite begins second world tour in Seoul
Explaining the name of their second world tour, Infinite member Sungyeol said: “Bringing every...
------------------------------------------
DongA Ilbo (http://english.donga.com)
14th century Goryeo Buddhist painting discovered in Japan
Suwolgwaneumdo, which is believed to have been painted in the first half of the 14th century during the Goryeo Dynasty, has been discovered in Tokyo, Japan. The painting is reportedly a rare version that incudes...
Korea’s home-grown unmanned drone reaches stratosphere
An unmanned aircraft flying in the stratosphere (at 13-20km altitude) for surveillance. It sounds like a scene from a sci-fi comic book but such an unmanned drone has been developed by a Korean research team. ...
Seoul City seeks most beautiful buildings
The Seoul metropolitan government is holding a contest to find beautiful buildings in Seoul from Wednesday to September 10. Through a public contest of 640,000 buildings in the city including traditional Korean house...
President Obama takes 16-day summer vacation
Attention is focusing on how to use vacation by U.S. President Barack Obama, who is enjoying a 16-day vacation from August 8. While visiting various resorts rather than staying at the White House during summer and...
Korea aims to live up to reputation as taekwondo origin at World Grand Prix
The World Taekwondo Grand Prix 2015 will open in Russia on Friday. The first round of the Grand Prix series to be held at Dinamo gymnasium in Moscow will bring together 249 athletes from 52 countries. The Grand Prix...
Korean team wins top prize at ‘Hackers World Cup’ for first time
A hackers team comprised of Korea University students have clinched the top prize at "Hackers’ World Cup," which draws attention from hackers around the world. According to the Science, ICT and Future Planning...
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)
Army to Toughen Response to N. Korean Incursions
The South Korean Army will toughen its response to North Korean incursions into the demilitarized zone after two soldiers were maimed by box mines there last Saturday. >> Full Text
Nepotism Mandated in 1/3 of Big Businesses
One in three major businesses in Korea displays clear favoritism in hiring practices, often giving priority to the children of existing workers. The practice may once have been a homely familial trait in conglomerates but grates more and more as youth unemployment remains at alarming heights. >> Full Text
Tally of Old Maps Strengthens Korea's Dokdo Case
Most known maps going back to the 1400s show Korea's easternmost islets and the sea that divides it from Japan as "Dokdo" and the "East Sea" or their old Korean names. Only 20 percent name them "Takeshima" and "Sea of Japan," and most of those date closer to Japan's annexation of Korea in 1910. >> Full Text
Fewer Koreans Want to Move Abroad
N. Korean General Behind Cheonan Sinking Promoted
Kia Soul Tops 1 Million in Global Sales
Smaller Sedans to Dominate Latter Part of the Year
Kang Jung-ho Included Among Best Rookies This Season
Samsung Starts Mass-Producing Super-Memory Chips
-----------------------------------------
Hankyoreh Shinmoon (http://english.hani.co.kr)
Near the end of his life, a former POW seeks a simple return home
Kim Myeong-bok was among some who after the Korean War sought life in third countries, instead of choosing South or North Korea
“The sea breathed, a heavy flop of blue, bulky scales deeper than crayon. The Tagore, an Indian boat carrying freed prisoners to a neutral land, shook its three thousand-ton body neatly painted in white, sliding through South China Sea air packed thickly like a mass of objects.”“The Square,” a 1960 novel by Choi In-hun, begins with the image of a boat leaving Incheon Harbor for neutral India after the end of the Korean War. On board is protagonist Lee Myeong-jun, one of many prisoners from the conflict who opted for a third country instead of repatriation.
Tensions rise along DMZ as South resumes loudspeaker broadcasts
The risk of an inter-Korean armed clash is looking more serious after South Korea’s Ministry of National Defense resumed loudspeaker propaganda broadcasts to the North on Aug. 10. The move came in immediate response to a land-mine explosion that seriously injured soldiers in the Demilitarized Zone (DMZ), which the ministry called a “clear provocation by the North Korean military.” .
Pres. Park still mulling whether or not to attend parade in Beijing on Sept. 3
President Park Geun-hye is carefully weighing whether to attend a military parade in Beijing on Sept. 3 to commemorate the 70th anniversary of China’s victory against Japan, the Blue House said on Aug. 10.“She is giving careful consideration on whether or not to attend,” Blue House spokesman Min Kyung-wook told reporters that day. .
North Korea sets it own time zone, 30 minutes later than Seoul and Tokyo
North Korea has announced that is introducing its own standard time zone thirty minutes later than the current east longitude-based one, as of Liberation Day this year. Standard time refers to the selection of a particular location according to national standards, with noon designated as the time when the sun is at its farthest south (culmination) from that point. North Korea’s new standard time sets it standard location at 127.5°E, resulting in a thirty-minute difference from South Korea and Japan, where the location is at 135°E. .
Richer and far more unequal: S. Korea since liberation
How has South Korean society changed in the seventy years since liberation from Japanese colonial occupation on Aug. 15, 1945?One of the poorest countries in the world in the immediate wake of liberation, South Korea has since grown to become the world’s thirteenth-largest economy. .
[Interview] What does USFK’s changing role mean for Korea’s future?
As the US-China rivalry becomes more defined and inter-Korean relations change, the nature and standing of US Forces Korea (USFK) has become the topic of ever greater debate. Long a stabilizing presence in a divided Korea, USFK is now being called an advance guard in checking China, leading some to fear that a backlash from Beijing could further hamper the peninsula’s eventual reunification. The Hankyoreh sat down with Korea National Strategy Institute director Kim Chang-soo in Seoul‘s Yeouido neighborhood on July 31 to hear his take on the significance of USFK’s changing role. .
South Korea has third most NEETs among developed countries
South Korea has the third-highest percentage of “NEETs” among the OECD’s thirty-three member countries, recent data show. The “NEET” label standards for “not in education, employment or training” and refers to young people who do not have a job and are not studying at school or training for employment, indicating that they are not motivated to work. Data released by the OECD on Aug. 4 showed 15.6% of South Koreans aged 15 to 29 to belong the NEET category in 2013.
----------------------------------------
JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
Ever-evolving Gwanghwamun to be altered anew
Over the centuries, Gwanghwamun, one of the key landmarks of the South Korean capital, has undergone many transformations - and it is about to undergo another. For some 500 years, kings of the Joseon Dynasty (1392-1910) administered politics in the Gwanghwamun area...
Seoul hit as China bids to shore up economy
The Seoul main bourse opened on a positive note on Tuesday, largely due to the overnight increase in the U.S. stock market after Stanley Fischer…
Lotte scion promises to clean up cross-holdings
Lotte Group announced it would try to improve its governance structure after the fraternal battle over management control shed light on its byzantine cross-shareholdings…
Facing tough fight, underdog Chevrolet launches Impala
Chevrolet unveiled its secret weapon to expanding its share of the Korean full-size sedan market on Tuesday, rolling out its flagship Impala sedan at the Hotel Shilla…
South starts an operation in DMZ
South Korea’s military decided Tuesday to carry out a so-called Second Operation Paul Bunyan at the heavily fortified border in the wake of the land mines planted
Hyundai Motor Group says it will adopt peak wage system
Hyundai Motor Group announced Tuesday it will adopt the peak wage system starting next year, which gradually cuts the wages of employees in the years…
Late-night kids clinics divide parents, doctors
When Ms. Kim’s two-year-old daughter showed a body temperature greater than 38 degrees Celsius (100 degrees Fahrenheit) one summer night…
Rapist flees a hospital and attacks one more victim
Daejeon police Tuesday said a sex offender who escaped from a local hospital while serving a 15-year jail term raped another woman while on the run and finally turned…
Rumors rise of Japan-North summit
South Korea’s Foreign Affairs Ministry said it has no knowledge of a news report by a broadcasting station that Japan and North Korea had talks to arrange…
Assembly to decide on rep’s arrest
A request by prosecutors to detain Representative Park Ki-choon, head of the National Assembly’s powerful Land, Infrastructure and Transport Committee,…
Workers sober up to group drinks
A new generation of workers seems to want fewer get-togethers with their colleagues. While the Korean corporate community is notorious…
In a first since March, Kospi under 2,000
A robust selling spree by foreign and institutional investors dragged the main Kospi to close below the 2,000 mark Tuesday, the first time since March 16…
-------------------------------------------
Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
S. Korea payroll growth stays at 300,000 level for 3 months
South Korea’s payroll growth for July remained at the 300,000 level for three consecutive months in the aftermath of the Middle East Respiratory Disease (MERS). Acc.. ...08.12 14:01
Toptech HNS to supply electromagnetic-shielding materials for smartphones
All smartphones emit electromagnetic waves. As electromagnetic waves could adversely affect health, manufacturers attach EMI shielding tapes onto major components to.. ...08.12 11:26
NDC: Emergency briefing meeting on N. Korea’s mine provocation
The National Defense Committee at the National Assembly would hold a general meeting on Wednesday to be briefed by the Ministry of National Defense regarding North Kor.. ...08.12 11:18
Hyundai to embark on wage peak system from next year
Hyundai Motor Group has decided to introduce the salary peak system into all of its affiliates starting from next year. The move is expected to emerge as the hot butto.. ...08.12 10:59
DSME unveils restructuring plans
Daewoo Shipbuilding & Marine Engineering (DSME) announced an intensive restructuring plan including layoffs. Under the scheme, DSME will carry out the advice to resign.. ...08.12 10:54
China’s rise: Crisis or opportunity?
China remained the world’s factory not long ago, but has come forward to establish the new world order capitalizing on its rise as an economic powerhouse. The launc.. ...08.11 17:52
Lotte chief vows governance reform and IPO of Hotel Lotte
Amid a growing pressure on Lotte Group after a bitter family fight over control of the business empire, the country’s No. 5 conglomerate has vowed to push for the lis.. ...08.11 17:28
Samsung succeeds in rolling out world’s first 256 Gb V-NAND
Samsung Electronics has successfully massed-produced the third generation V-NAND flash memory chip that could store 32,000 pictures or 23 two-hour long DVD films. The.. ...08.11 17:15
LG an exclusive supplier of air conditioner and TV to iconic bldg in Chica..
LG Electronics is spurring efforts for business-to-business (B2B) transactions with the supply of system air conditioners to a landmark building in Chicago. South Ko.. ...08.11 14:44
----------------------------------------
The Kyunghyang Shinmoon (http://english.khan.co.kr/)
South Korea's Dilemma: "Studying the Face" of the U.S. over China's "Invitation to Victory Day,"
The historic significance of the end of World War II is different for South Korea, China and Japan. Thus, the three countries each have given different meaning ···
?[Editorial] [DMZ Landmine Explosion] North Korea Burying Landmines in the South's DMZ Is an Unacceptable Provocation
Three North Korean mines (PMD series) exploded in the South's Demilitarized Zone (DMZ), leaving two of our noncommissioned officers in critical condition. Acco···
Feature on the 70th Anniversary of National Liberation: Let's Break away from the Seven Major Vices] The Wall of Regionalism Containing South Korea Should Be Torn down with Electoral System Reforms
"Small land, same language, one ethnic root, same culture...." South Korea is one of the most homogeneous countries in the world, but the reality is a para···
[Exclusive] The Tripitaka Koreana and Uigwe, the Royal Protocols of the Joseon Dynasty: What to Do with Traces of Japan
Is it 81,352 plates or 81,316 plates? The number of wooden blocks of the Tripitaka Koreana (national treasure no. 32, Tripitaka carved in wooden blocks prese···
Prime Minister Abe Leaves out the Three Non-nuclear Principles from Hiroshima Memorial Speech
There was no mention of the three non-nuclear principles in the memorial speech commemorating the seventieth anniversary of the Hiroshima atomic bomb explosion.···
'Let's Escape the Heat' More than 30,000 People Gather at Duryu Park, Daegu
The nation is fighting a scorching battle as the heat wave continues. Summer vacation spots like beaches and urban parks are crowded with people trying to escap···
Lee Hee-ho Arrives in Pyongyang: Expectations of a Breakthrough in Inter-Korean Relations
Lee Hee-ho (93), first lady to former President Kim Dae-jung, arrived in Pyongyang on August 5 for her four-day visit to North Korea. This is her first visit to···
Will Moon Jae-in's Game Changer Work? 'If the Ruling Party Accepts Proportional Representation by Zones, We Will Discuss a Full Open Primary'
New Politics Alliance for Democracy leader Moon Jae-in (62, photo) said on August 5, "If the Saenuri Party accepts proportional representation by zones, we wil···
-----------------------------------------
The Korea Economic Daily (http://english.hankyung.com/)
Hyundai Motor Group to Introduce Wage Peak System from Next Year
Hyundai Motor Group decided to introduce a wage peak scheme for all its group companies starting from next year. The group announced on August 11 that it will introduce the wage peak system for all of its group companies starting from 2016 as part of an effort to cope with the rising social demand f...
Korea’s ICT Exports Down 3.9% in July
Korea’s ICT exports marked a negative year-on-year growth of 3.9 percent last month, the first decline in three months since April. The Ministry of Science, ICT, and Future Planning announced on August 11 that the nation’s ICT shipments amounted to US$13.7 billion last month, down 3.9 percent from...
ICT Takes up 10.7% in Korean Added Value…OECD Report
The share of ICT in Korea’s overall added value stood at 10.70 percent as of 2013, the highest level among OECD countries. According to industry sources on August 11, the Organization for Economic Cooperation and Development released the 2015 OECD Digital Economy Outlook last month which indicated ...
Samsung Electronics Mass-produces 3G 256 Giga V-NAND, First in the World
Samsung Electronics announced on August 11 that it succeeded in mass-producing 256 Gigabit 3-dimensional V-NAND for the first time in the world. The 3G 256 Giga V-NAND is the industry’s largest-capacity memory chip whose capacity is twice higher than that of existing 2G (32-stack) 128-GB NAND. A si...
Samsung and LG Gain More Share in Global LCD TV Market
Despite the slump of the overall LCD TV shipments, Samsung Electronics and LG Electronics increased their market share, strengthening their leading presence in the global LCD TV market. Their Chinese and Japanese rivals, meanwhile, failed to narrow the gap as they suffered a decline in both shipment...
-----------------------------------------
AJU Business Daily (http://eng.ajunews.com/korea)
Liberation Day celebrations
South Korean actress Lee Tae-im arrives to attend an event on Tuesday to launch a campaign to encourage people to hoist the national flag, "Taegukgi," in celebration of the 70th anniversary of Korea&#…
Digital 'gwageo' exam held in Seoul
By using notebooks, people clad in traditional Korean costumes take a "gwageo" exam on ad copywriting at Gwanghwamun Square in central Seoul on Monday. Gwageo is the national civil service examination…
Promotional event for Chinese Tsingtao beer held in Seoul
Models pose with bottled and canned beers manufactured by China's Tsingtao Brewery Co. at a promotional event in Cheonggye Plaza in central Seoul, Monday. The brewery in Qingdao, east China's …
Football club to conduct charity activities established
Park Ji-sung, one of South Korea’s biggest football icons, speaks during a ceremony to establish a football club, named FC Smile, at the Kim Koo Museum and Library in Yongsan-gu, Seoul, Monday. The cl…
Work to demolish elevated road in Seoul
Work to demolish the 44-year-old Seodaemun Elevated Road in Seoul gets underway on Monday, Completion is due for late August, officials said.
Liberation Day celebrations
Taegukgi, South Korea's national flag, flies on the country's easternmost islets of Dokdo on Thursday in this video relayed in real time by KT Corp., the nation's second-largest mobile car…
President Park vows to overhaul labor market
Citizens listen to President Park Geun-hye's nationally televised speech at Seoul Station on Thursday. In the speech, Park pledged to press ahead with plans to reform the labor market as part of e…
Imported car sales soar 14.3% on-year in July: industry data
Sales of imported cars in South Korea soared about 14 percent in July from a year earlier, industry data showed Thursday. The number of newly registered foreign vehicles totaled 20,707 last month, …
Celebrations for 70th anniversary of National Liberation Day
With 10 days to go before the 70th anniversary of Korea's liberation from Japanese colonial rule (1910-1945), South Korean government officials put up pinwheel-shaped national flags in front of Gw…
-----------------------------------------
ETNEWS (http://english.etnews.com/)
Newly-Appointed CEO Lim JiHoon, Who Is Very Aggressive And Adventurous, Holds Reins of DaumKakao’s Reformation
DaumKakao appointed CEO Lim JiHoon of Kcube Ventures as its CEO on the 10th. It is known that he is an executive who has a tendency to be very aggressive and a...
Netmarble Goes After Being Second ‘$857 Million Club’…It Is Emphasizing Existing Work While Preparing For Large-Strike In Second Half
Netmarble Games is challenging itself to become second ¡®$857 Million Club¡? as a gaming business following Nexon. According to Netmarble Games, this ...
[Looking At Future Technologies Through Patents] Tesla’s Patents Focus On Battery Technologies
It is understood that Tesla¡?s patents focus on technologies that are related to battery. According to ¡®Is Tesla a Bubble? 2015 Edition¡&mac...
LG Uplus Invests $2 Million Into JIBO…It Is Going To Take Steps To Secure Humanoid Robot
Following SK Telecom and KT, LG Uplus is working to secure Smart Robots. LG Uplus announced on the 6th that it invested $2 million into America¡?s IT busi...
Downward Trend Of LCD Panel’s Price Continues…42-Inch Panel’s Price Also Decreased This Year For The First Time
Downward trend of LCD panel¡?s price is still continuing to happen. As price of 42-inch TV panels that showed strength until now also fell this month...
------------------------------------------
Send your news releases and feedback:
Send the Embassy news releases to edt@koreapost.com for publication by all its five media units, including one Korean (www.koreapost.co.kr) and one English (www.koreaposst.com) Internet dailies, which are updated real-time. (Call 010-5201-1740 for further details.)