Aug. 25, 2015

The Korean daily media headlines and humor

Tuesday, Aug. 25, 2015

Your Excellency:

Here are The Korea Post news, The Korea Post notices, 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.

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The Korea Post news:

South and North dramatically reach an agreement:

The high-level inter-Korean talks at Panmunjom finally reached an agreement 55 minutes after mid-night on Aug. 25, 2015 after 54 hours’ ‘marathon meeting’ since the two sides started the talks at 6:30 p.m. on Aug. 22.

Based on this agreement, Chief Presidential Secretary Kim Kwan-jin published the details of the joint statement of the South and North at 2 a.m on Aug. 25, 2015. This was disclosed by Presidential Spokesman Min Kyung-uk at Cheong Wa Dae at a press briefing early this morning:

Photo shows, from left: Secretary Kim Yang-gon of the Workers Party of (North) Korea, Chief Presidential Secretary Kim Kwan-jin for National Security (South Korea), Director Hwang Pyong-so of the General Political Bureau of the (North) Korean People’s Army and Minister Hong Yong-pyo of National Unification (South Korea). They took the picture on the early morning of August 25, 2015 in memory of the agreement reached after a successful ‘marathon’ negotiation for four days without sleeping.

Details of the joint statement follow:

1--The South and North agree to hold a government-level meeting either in Seoul or Pyongyang at an early date to improve the relations between the two sides and discuss matters concerning various fields.

2--North Korea has expressed its regret over the incident of explosion of land mines in the South Korean side of the DMZ inflicting injuries to the soldiers of the South Korean side.

3--South Korea will stop its loudspeaker broadcasting toward North Korea along the entire stretch of the DMZ effective 1200 hours on Aug. 25, 2015?as far as no abnormal incident occurs.

4--The North Korean side agreed to withdraw the quasi-state of war time.

5--The South and the North agreed to arrange a reunion meeting for the separated families between the north and south before or after the Chuseok Fool Moon Festival of this year (September 27, 2015) and to continue the reunion meeting and for this purpose to have an inter-Korean Red Cross meeting at the beginning of September.

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The Korea Post notices:

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

/news/view.html?section=161&category=181&no=1017

/news/view.html?smode=&skey=food&x=15&y=11§ion=162&category=182&no=985

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.

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

N. Korea Expresses Regret over DMZ Mine Blasts; S. Korea to Suspend Psy-Ops

Anchor: The two Koreas wrapped up marathon negotiations at the truce village early morning Tuesday. North Korea apologized for its land mine explosions in...

Park: Seoul's Adherence to Principles Led to Agreement

Rival Camps Embrace South-North Agreement.

UN Chief Welcomes Inter-Korean Deal

N. Korea Expresses Regret over DMZ Mine Blasts; S. Korea to Suspend Psy-Ops

Top 10 Conglomerates Add 98 Affiliates Through M&As

24 Public Firms Adopt Wage Peak System

KOSPI Nosedives amid Global Uncertainties

Historians Conducting Excavation Work in N. Korea Return Home

S. Koreans Allowed Entry in Gaeseong on Monday as Usual

S. Korea, US Beef up Efforts to Detect Missing N. Korean Submarines

UN Chief Welcomes Inter-Korean Deal

Kim Jong-un Unlikely to Attend Military Parade in China

Yomiuri: Public Sentiment, S. Korea-US Cooperation Behind Seoul's Strong Response

30% of Seoul Residents Traveled Twice within Country in 2014

Evacuation Orders for Residents in Hwacheon Lifted

Gov't: Chinese Explosions Not to Affect Air Quality in S. Korea

2015 Seoul-Canada Weeks to Begin Tuesday

S. Korean Cuisine, Culture to be Showcased

S. Korean Pavilion to Run at Beijing Book

Mackerel Catch Soars 208% in H1 YoY

Postech Professor Becomes First S. Korean to Receive APEC Science Award

S. Korean Scientists Produce Breakthrough in Dream Material

'Construction of Stadiums, Facilities for 2018 Olympics on Track'

Lydia Ko Wins Canadian Pacific Women’s Open

S. Korea Defeats Iran 13-0 in AFC U-19 Women's Championship

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

Koreas reach deal on defusing tensions

South and North Korea produced an agreement on defusing heightened tensions, Seoul's top negotiator said Tuesday, in a dramatic breakthrough after days of intensive high-level talks.

Psy's 'Gangnam Style' renews YouTube record

Psy has set another YouTube record after the music video for his hit single "Gangnam Style" broke 2.4 billion views, his management agency said Wednesday.

Futures firms turn to black in Q2

South Korean futures companies swung to the black in the second quarter of this year from a year earlier on a rise in investment returns and commission fees, the financial watchdog said Tuesday.

U.N. chief welcomes inter-Korean deal

U.N. Secretary-General Ban Ki-moon welcomed an agreement between South and North Korea to defuse heightened military tensions, saying he hopes it will lead to resumption of long-stalled negotiations on the North's nuclear program.

Lawmakers hail inter-Korean deal, urge implementation

Both ruling and opposition parties were united Tuesday in welcoming a landmark agreement between the two Koreas that ended the latest military stand-off and called for the reunion of families separated by the 1950-53 Korean War.

Park says two Koreas should ease tensions and pur..

Park expects N. Korea's expression of regret to h..

N. Korea short of clear apology for landmine..

Deal offers hope for better inter-Korean ties

Koreas reach deal on defusing tensions

KOSPI 1,840.94 UP 11.13 points (open)

Dollar opens at 1,192.0 won DN from 1,199.0 won

S. Korea, Ecuador to declare launch of FTA talks

Futures firms turn to black in Q2

PGA Tour changes Presidents Cup format

Psy's 'Gangnam Style' renews YouTube record

PyeongChang unveils venue construction sites to media

Doctor indicted over medical malpractice linked to rock si..

Int'l slow movement fest to kick off in S. K..

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

North Korea expresses regret over landmine attack

North Korea has expressed regret over two South Korean border guards injured by a landmine blast and promised to make efforts to prevent a similar incident from happening again, according to South Korea’s National Security Offic...

Yeouido, Han River will become major tour sites 

Yeouido in central Seoul is set to become a major tourist attraction by 2018 with an entertainment... 

Young men willing to fight against NK 

South Korean men in their 20s and 30s are expressing a willingness to fight against the North amid...

Neighbors closely watch Korean Peninsula 

As inter-Korean high-level talks continue in hopes of easing tensions on the Korean Peninsula, countries with a stake in stability across the region are payin... 

Typhoon advisories issued; heavy rain expected 

Typhoon advisories have been issued for waters around Jeju Island off the southern coast, as Typho... 

Ham named new CEO of KEB Hana Bank 

Hana Bank Vice President Ham Young-joo was designated as the inaugural CEO of KEB Hana Bank, Monda... 

Infinite Challenge music festival loses true nature 

It was the best of festivals, it was the worst of festivals.

KDB kicks off Daewoo Securities sales with competitive bidding 

Korea Development Bank (KDB) is now pursuing its plan to sell a 43 percent stake in KDB Daewoo Securities amid keen attention from potential bidders, includin...

Microsoft agrees to lower royalties 

U.S.-based Microsoft (MS) agreed with the country’s top anti-trust regulator to cut royalties that it collects from Korean technology companies such as Samsun...

Inter-Korean shares rebound 

Shares of companies in inter-Korean businesses rebounded sharply Monday on eased tensions between the two Koreas, following talks between high-ranking governm...

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

Seoul to halt broadcasts; N. Korea shows regret

North Korea on Tuesday expressed regret over a recent land mine blast in the Demilitarized Zone and resulting injuries o...

Park pressures N.K. for apology

President Park Geun-hye on Monday increased her pressure on North Korea to apologize for the re...

Seoul, Washington seek to send B-52 bomber, nuke sub to peninsula

South Korea and the U.S. are seeking to mobilize a B-52 strategic bomber and other strategic as...

Draftees extend service amid N. Korea tension

More than 50 South Korean draftees due to finish their military service this week have decided ...

Hawk-dove duos at inter-Korean dialogue

As the high-level inter-Korean dialogue dragged on, hopes and doubts were flying around the seemingly inc...

Unsolved murders

The enactment of the so called Taewan Law, which abolished the statute of limitations on mur...

Protracted talks

President Park Geun-hye vowed to continue with its propaganda broadcasts across the border u...

International schools filled with local students

A stroll through the beautiful campus of Chadwick International in Songdo, Incheon, is nearly e...

SK Planet’s public transit app rides popularity wave

Information technology solutions developer SK Planet said Monday its real-time public transport...

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DongA Ilbo (http://english.donga.com)

Shinzo Abe to skip World War II 70th anniversary events in China

Japanese Prime Minister Shinzo Abe will not be attending the events being held in China next month to mark the 70th anniversary of the “success of its war of resistance against Japanese aggression.” "The prime... 

Stielike’s Team Korea announces roster for World Cup qualifiers

"Secure a win at home turf!" This is the slogan that the national soccer team led by coach Uli Stielike is promoting for the home match against Laos, the second qualifying match for the Asian region of the 2018 World...

Chuseok train ticket booking opens September 1 and 2

This year’s Chuseok (Korean thanksgiving) holiday train ticket booking opens on September 1 and 2. KORAIL said Monday that this year’s train tickets for Chuseok holidays can be booked through KORAIL homepage...

N.K. not in situation to launch full-blown warfare

Pyongyang reportedly is not in a situation internally that it can carry out a local warfare. The North had warned the South that unless South Korea stops (propaganda) broadcasting towards North Korea through...

Kang Jung-ho becomes terror for opposing players

Kang Jung-ho of the Pittsburgh Pirates has claimed his very first multi-homer game (more than two homers in a single game by one player). His second homer became “Kang’s 100th hit in the season” which made him doubly...

ISIS second-in-command killed in U.S. drone strike

Fadhil Ahmad al-Hayali, the second-in-command of ISIS and the commander in charge of the ISIS military operations, was killed in a U.S. military drone strike, according to the White House announcement on Friday. U.S....

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

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

2 Koreas Defuse Tensions After Marathon Talks

South and North Korea reached a deal to defuse tensions early Tuesday morning after more than 40 hours of negotiations. Returning to Seoul from the border village of Panmunjom, presidential national security advisor Kim Kwan-jin told reporters that North Korea expressed regret over a box mine attack in the demilitarized zone. >> Full Text

Demand for Gold Rises Amid Economic Woes

Rising tensions on the Korean peninsula compounded by falling stock prices are driving up demand for gold as a safe investment. Gold trading at the Korea Exchange reached a record of 30.6 kg on Friday. >> Full Text

OPINION

Typhoon Goni to Bring More Storms This Week

Korea will be hit by Goni, the 15th typhoon of this year, according to the Korea Meteorological Administration on Sunday. An advisory was issued for Jeju on Monday and for the eastern coast of Gyeongsang and Gangwon provinces on Tuesday. >> Full Text

Samsung Offers to Let iPhone Users Try Out Latest Phones

Fresh off the release of its latest smartphones such as the Galaxy Note 5 and Galaxy S6 Edge Plus, Samsung is wooing iPhone users in the U.S. After the 30-day trial, they can either switch to Samsung or return the phone. >> Full Text

2 Koreas in Marathon Talks to Ease Standoff

50 N. Korean Submarines Vanish from Radar

Korea's Default Risk Surges on China, Cross-Border Woes

'Veteran' Set to Hit 10 Million Mark

'Assassination' Ranks as 10th Most Viewed Korean Film

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

South and North hold two-night marathon meetings, but fail to bridge gaps

Among the issues under discussion are DMZ mine, propaganda broadcasts and resumption of inter-Korean economic exchange

South and North Korea held two high-level meetings into Monday morning at Panmunjeom on Aug. 22 and 23, but had difficulties bridging their differences. Meanwhile, South and North Korean militaries continued to face off for a second day on Aug. 23, with North Korea deploying 50 of its submarines and South Korea carrying on with its propaganda loudspeaker broadcasts on the border.The second “two-plus-two meetings” resumed at 3:30 pm on Aug. 23 and continued into the next day at Panmunjeom’s Peace House,

Amid high-level talks, dozens of N. Korean submarines leave their ports

The military standoff between North and South Korea continued on Aug. 23 despite the ongoing high-level talks between the two sides. Tensions remained high as dozens of North Korean submarines slipped out of their bases, likely deployed for battle, while the South Korean military took steps to track them. .

In an unusual step, N. Korea uses the South‘s official name, instead of “puppets”

North Korean state-run news outlets referred to South Korea by its official name “Republic of Korea” in reporting the staging of senior-level inter-Korean talks. The Korean Central News Agency (KCNA) used the official title in an Aug. 22 report on the two sides’ meeting at Panmunjeom. .

Seeking to resolve tensions, South and North Korea meet, but no agreement yet

To ease tensions on the peninsula, South and North Korea held a meeting into the early hours of Aug. 23, but did not come to a final agreement. The two sides are scheduled to restart the meeting at 3 pm on Sunday. Blue House spokesperson Min Kyung-wook said at a briefing early on Sunday, “High-ranking officials from South and North Korea met from 6:30 pm on Aug. 22 till 4:15 am on Aug. 23 at the Peace House in Panmunjeom.” .

Stocks tumble and threat of conflict looms as the “Korea risk spikes

With stocks taking a dive and public anxiety growing on Aug. 21 after an exchange of artillery fire the previous day between North and South Korean forces around the armistice line in Yeoncheon County, Gyeonggi Province, the index of risk factors on the Korean peninsula.

Washington and Beijing both responding cautiously to inter-Korean tensions

Washington is responding cautiously to the recent exchange of shell fire between North and South Korea, placing responsibility for the episode with Pyongyang but avoiding potentially inflammatory language. Meanwhile, China refrained from stating an official position, while the Chinese ambassador in Seoul came forward to call for “restraint” from North and South Korean authorities.

What really is the point of cross border propaganda broadcasts?

What is so disturbing about the propaganda being broadcast by the South Korean military that it would impel North Korea to risk making an artillery strike? On Aug. 10, South Korean troops set up loudspeakers at two sites in Gyeonggi Province ? Yeoncheon County and Paju ? and began broadcasting propaganda.

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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Two Koreas reach deal on avoiding military confrontation

The Koreas on Tuesday once again proved their mastery at pulling back from the brink _ this time with an accord forged in two marathon negotiating sessions over three days. Authoritarian North Korea previously refused to even admit to, let alone apologize for, Seoul's accusation that North Korean…

Talks prolonged; Park demands North apologize

President Park Geun-hye presides over a meeting with her senior secretaries on Monday in the Blue House. Park said that cross-border propaganda broadcasts would continue…

Jitters over China take toll on Korean markets

The global sell-off of equities continued to hammer the Kospi as even behemoth Samsung Electronics spiraled down Monday…

Midway through term, president’s support tepid

President Park Geun-hye’s performance in the first half of her term got a thumbs down from about half the people surveyed, a recent JoongAng Ilbo poll showed.…

Firms battle it out for Homeplus bid

Leading private equity firms have formed three separate teams to participate in the bidding to buy Homeplus, the country’s second-largest supermarket chain…

Hankook may have first strike in its entire history

The union at Hankook Tire, Korea’s No. 1 tire producer, is calling the first strike in the company’s history. Some 4,430 out of a total of 4,700 union members…

Samsung surprises with bid for pricey Seoul plot

Samsung Group entered open bidding on Monday for a valuable plot of land in Samseong-dong, southern Seoul. Hyundai Motor Group, which was widely expected…

Strategic military options considered amid tensions

The South Korean Ministry of National Defense said Monday that Seoul and Washington are considering bringing over strategic U.S. military assets…

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

Samsung’s multimode modem chip wins award

LTE multimode modem chip developed by Samsung Electronics received ‘IR52 Jang Yeong-Sil Award’ for the 34th week in 2015. The smartphone modem market has long been.. ...08.24 17:22

10,000 sign up for LGU home IoT service

LG Uplus (LG U ), one of South Korea’s largest mobile carriers, has inched closer to becoming the world’s leader in the field of Internet of Things (IoT). The mobile.. ...08.24 17:19

Samsung supports wearable startups of Korea, China and Japan

Samsung Electronics will strengthen its support for startups that combine fashion and IT technology. Samsung Electronics said its five researchers provided mentoring.. ...08.24 14:36

Gov’t mulls all out measures to save economy

The government will make public measures to strengthen the economy this week after a series of negative factors hit the market - China’s hard landing, the FRB’s poss.. ...08.24 14:35

Samsung Galaxy Note 5 and Galaxy S6 Edge Plus frenzy in Seoul

Samsung Electronics’ flagship smartphones, the Galaxy Note 5 and the Galaxy S6 Edge Plus, which hit the store shelves in South Korea last Thursday, are enjoying sweep.. ...08.24 10:11

 

S. and N. Koreas hold high-level talks amid rising tensions

As the two Koreas held high-level talks dramatically on the Korean peninsula where war clouds have gathered, they could avoid catastrophe of a military collision for n.. ...08.23 16:55

Chinese TV companies catching up with S. Korean ones

Chinese television companies such as TCL and Hisense are catching up with Korean ones. This has put Samsung Electronics and LG Electronics on alert with their sales de.. ...08.23 10:45

 

Tensions spike after quasi-war state declaration

Tensions are at their highest point between the two Koreas as North Korea declared a quasi-war state after a brief exchange of artillery shells over the western sectio.. ...08.21 16:43

19th Assembly to be branded as the worst

The 19th National Assembly which has a nine-month term before dissolving will likely end up being disgraced as the worst-ever National Assembly in the South Korean his.. ...08.21 16:17

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The Kyunghyang Shinmoon (http://english.khan.co.kr/)

[Editorial] North and South Korea Need to Take This Opportunity to Improve Relations as Well as Ease Military Tensions

Cheong Wa Dae's Director of National Security Kim Kwan-jin and Minister of Unification Hong Yong-pyo met with North Korea's Hwang Pyong-so, Director of the Ko···

[70th Anniversary of National Liberation - Let's Now Part with the 7 Major Vices] A Society Pursuing Only Growth: Gap Between the Rich and the Poor Fall Back to the Japanese Occupation Period

Choi Chang-su (58, pseudonym) joined Hyundai Precision (now Hyundai MOBIS) in 1997 as an in-house subcontracted worker. The country faced the Asian financial cr···

[North and South Korea Exchange Fire over Loudspeaker] North Expresses Discomfort over Psychological Warfare, Sends Public Warning to Check the South's Combat Readiness

On August 20, North and South Korea exchanged "warning shots" in the western front as the South continued its Ulchi Freedom Guardian exercises with the U.S. F···

?[Editorial] [Han Myeong-sook Convicted] Shameful Corruption by Han Myeong-sook and the Supreme Court's Questionable 'Political' Trial

The Supreme Court upheld the original ruling on New Politics Alliance for Democracy lawmaker Han Myeong-sook, indicted for violating the Political Funds Act and···

[Feature: 70th Anniversary of National Liberation] Dictatorial Government’s Attempt at Collective Brainwashing “State=The Individual” The Individual, Labor and Human Rights Pushed Aside

On August 3, Shin Dong-bin, chairman of the Lotte Group residing in Japan arrived at Gimpo International Airport. Shin bowed before reporters and answered, "Lo···

First Underwater Survey to Salvage the Sewol: 149 Experts Including Divers with 20 Years' Experience Assigned

The Sewol had not moved as it lay deep in the Maenggol Channel notorious for its powerful currents. The dark rolling waters of the sea were as they were a year ···

?[Exclusive] Yonsei University Professors Try to Go Play Golf Riding Military Aircraft during Ulchi Exercise

?Yonsei University professors had planned an exclusive workshop which involved flying on an Air Force aircraft to the South Gyeongsang Province as part of···

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The Korea Economic Daily (http://english.hankyung.com/)

Long-term Jobless Number Hits 15-year High

The number of the unemployed whose length of joblessness lasts longer than six months has hit a record-high level. According to the National Statistical Office on August 23, the number of those who are out of work for more than six months was 121,000 in July this year, up 52.0 percent (41,000) from ...

2Q Average Monthly Housing Cost Increases to Record-high Level

The housing spending has hit a record-high level in the second quarter as more people switched to monthly rental arrangements from upfront "jeonse" contracts. According to a household trend report published by the National Statistical Office on August 23, the monthly average spending on housing betw...

Korea’s Mobile Game Makers Foray into Indonesia

Indonesia, the world’s fourth most populous country with a 253-million population, is emerging as a hot market for mobile games. Indonesia’s game market is drawing hot attention from global mobile game makers as the share of young generation grows rapidly and the prevalence rate of smartphones is ...

LG to Unveil New Phablet “G Pad 2 10.1” at IFA

LG Electronics announced on August 24 that it will display its brand-new premium phablet “LG G Pad 2 10.1” at the upcoming IFA, the largest home electronics fair held in Berlin on September 4. Compared to existing G Pad series models, the cutting-edge model features more use of metallic materials,...

Hyundai and Kia Set to Roll Out New Avante and Sportage

Hyundai Motor and Kia Motors plan to release two new models within September, aimed at adding more vigor to the domestic car market. The two new models are Hyundai Motor’s compact sedan Avante and Kia Motors’ new compact SUV Sportage. The two auto makers revealed the exterior design of the two new...

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AJU Business Daily (http://eng.ajunews.com/korea)

Pop duo Fly to the Sky to make comeback in mid-September with new EP

Pop duo Fly to the Sky will make a comeback in mid-September with a new mini album, its management agency in Seoul said Thursday. The EP is the duo's first album since the release of their ninth a…

Baby fair opens at COEX in southern Seoul

Fathers participate in a baby-food making contest at COEX in southern Seoul on Thursday. The contest was a part of the 28th BeFe Baby Fair which opened at COEX earlier in the day for a four-day run.

Internet banking subscribers rose 4.3% in 2nd quarter: BOK

The number of subscribers to Internet banking services in South Korea totaled 113,273,000 as of the end of June 2015, up 4.3 percent from three months earlier, the central bank said on Monday. They in…

Teachers undergo safety training program in Seoul

A teacher descends with a rope from a building during a safety training program offered at the Seoul Metropolitan Fire Academy in Banghak-dong, Dobong-gu, Seoul, Wednesday. Teachers from schools in Se…

Dyson unveils new machine to groom pets

A woman, using British electronics manufacturer Dyson's new machine, grooms a dog during a press event at Chosun Hotel in central Seoul, Tuesday. Despite the economic sluggishness, South Korea'…

Rice Day observed in South Korea

South Korean farmers hold packs of rice in their hands during an event to mark the first Rice Day at the Korea House in Jung-gu, central Seoul, Tuesday. The Ministry of Agriculture, Food and Rural Aff…

Biological agent attack drill in Seoul, South Korea

Medics treat a victim during an anti-terrorism drill simulating a biological attack in front of the Seocho District Office in southern Seoul on Tuesday. The drill took place in conjunction with the jo…

Fall semester starts

Two students are in action, while others look on during a friendly arm-wrestling match at a primary school in Yongsan-gu, Seoul, Monday, the first day of the new semester.

Funerals for CJ Group honorary chairman Lee Maeng-hee to be held in Seoul Aug. 20

The Korean national flag is hoisted at CJ headquarters in Huam-dong, Jung-gu, Seoul, capital of South Korea, Monday. Lee Maeng-hee, honorary chairman of CJ Group, the country's largest food and en…

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ETNEWS (http://english.etnews.com/)

One Can Now Pay Less On Taxes On Direct Purchase That Costs More Than $169 From Foreign Countries

It seems that taxes will be less if a person directly purchases goods that cost more than $169 (200,000 KRW) from foreign countries. According to Korea Customs Service,...

NC Soft Invests $8.5 Million In Outside Developers And Put Up ‘Mobile NC’ Trac

It seems that NC soft has been investing about $8.5 million (10 billion KRW) in buying shares of outside mobile developers since December of 2014. After going out ...

Read the full story

Naver Jumps Into Automobile IT Market…It Makes Partnership Cooperation With Hyundai MnSOFT

Naver made a partnership with Hyundai MnSOFT in infotainment for automobile application and car connectivity market and decided to expand cooperation in automobile...

LG Display Focuses On Developing OLED Market And Plans To Invest $8.45 Billion Until 2018

LG Display decided to get out of its comfort zone and go on full-scale OLED voyage. Although it was being passive from insecurities of unpredicted things until now,...

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SK Corporation Is Investing $38.9 Billion Into Extending 2 Semiconductor Lines And Others In Correspondence To Superiority In Competition Against China…There Will Be Huge Expected Effect In Downstrea

SK Corporation is currently examining its investment method that is worth $38.9 billion (46 trillion KRW) and includes extension of 2 SK Hynix¡?s semic...

Read the full story

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