The Korean daily media headlines and humor
Monday, Sept. 21, 2015
Here are 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 news:
Interview with Chairperson Amal Lahlou of ASAS
‘Korea is a blessed country with an able lady President’
Madam Amal Lahlou (wife of the ambassador of Morocco and chairperson of ASAS*) has a very high opinion of President Park Geun-hye. She said, “The Republic of Korea has a fantastic opportunity to have a lady President and I am proud of her as President.” Then she said, “Women in the world needs more opportunities to serve the people so that more women can learn what it takes for a woman to lead and, in my opinion, when a woman is given a responsibility and an opportunity to serve, she does and gives her best and makes extra effort to prove that a woman can do as well as man if not better.” Mrs. Lahlou made the remarks at a recent interview with The Korea Post as the chairperson of ASAS as well as the wife of the ambassador of Morocco. *(Ambassadors’ Spouses Association in Seoul). For further details of the interview, please visit: /news/view.html?section=165&category=192&no=1066
A round-up of the latest news published by the Korean media:
Seoul, Washington, Tokyo to Discuss Japan’s Collective Self-Defense at DTT
As the Japanese parliament passed controversial security legislation to allow overseas combat, South Korea, the United and Japan are seeking to hold Defense...
Japan Moves to Expand SDF's Overseas Roles
Seoul Urges Japan to Retain Pacifist Spirit
S. Korea, Central America to Begin FTA Negotiations
President Park to Grant Special 2-day Holidays to All Enlisted, NCOs
Seoul, Washington, Tokyo to Discuss Japan’s Collective Self-Defense at DTT
NPAD Lawmakers Confirm Confidence in Chairman Moon Jae-in
S. Korea, Central America to Begin FTA Negotiations
72% of Bonds Held by Foreigners Short-term Bonds
Seogwipo, South Korea's Most Expensive City for Hotel Rates
Amb. to China: N. Korea Can Fire Long Range Missile Any Time
N. Korean Mount Geumgang Resort Needs Repairs for Family Reunions
N. Korea Defends Rocket Launch, Nuke Test as Sovereign Right
'Six Party Talks are the Only Way to Resolve N. Korea's Nuke Issue'
Japan's Foreign Ministry Removes Key Phrases on Updated Website
Japan Moves to Expand SDF's Overseas Roles
Opposition party confirms confidence in Chairman Moon to end internal strife
The executive committee of the main opposition New Politics Alliance for Democracy (NPAD) and its lawmakers confirmed confidence Sunday in the leadership of party chairman Moon Jae-in in a major step aimed at ending months of internal factional strife.
LCD panel makers likely to face 'zero margin' in Q4: report
The profit margin for liquid crystal display (LCD) panels is forecast to drop to 'zero' percent in the next quarter, largely driven by a fall in their selling price stemming from a supply glut, a report showed Monday.
S. Korean banks' home rental loans surge 9-fold in 5 yrs
Loans extended by local banks to individuals for home rentals have spiked over the past five years, market data showed Monday, amid a surge in rental prices driven by record-low interest rates and a shortage of homes for rent.
N. Korea shows no signs of nuclear test preparations: 38 North
North Korea is not showing any signs of preparations for a nuclear test despite its apparent threat to do so, a U.S. research institute said.
S. Korea launches 1st round of FTA talks with Central American countries
South Korea and six Central American countries, including El Salvador and Panama, launched their first round of negotiations for a free trade agreement (FTA) Monday.
The Korea Herald (http://www.koreaherald.com)
Outplayed by government, parties lose direction
Though three weeks remain before it ends on Oct. 8, it appears safe to say that this year’s parliamentary audit is a fl...
Seoul wary of Japan’s security shift
Seoul reiterated its calls on Tokyo to uphold the pacifist principle and transparency in carryi...
BMW’s design evolution continues into future
Adrian van Hooydonk, BMW's head of design FRANKFRUIT, Germany -- Luxury German carmaker BMW...
Striving for ‘iKON’ status
We watched them week after week in their relentless pursuit of stardom, and laying their hearts...
Park to regain control of Kumho Asiana Group
Kumho Asiana Group chairman’s long-awaited dream to bring back his business empire under his control is ...
CCTV at child care cente...
The installation of closed-circuit television became mandatory for all new child care center...
Pivotal moment for N.K.
Saturday marked the 10th anniversary of the landmark deal in which North Korea agreed to aba...
Audi reveals all-new A4, electric SUV concept in Frankfurt
German luxury carmaker Audi is showcasing new sed...
Exhibition shows creative process of webtoons
In the digital age, drawing cartoons and characters does not require pencils and paper anymore....
The Korea Times (http://www.koreatimes.co.kr)
'Korea needs major surgery'
What motivated Chung Ui-hwa to become a doctor was also what brought him into politics. After working as a neurosurgeon for 18 years, during which he performed about 5,000 surgical procedures, he realized that he would be able t...
Apple admits problem in Korea after-sales service
Apple has acknowledged that its after-sales service in Korea has problems. On Sept. 14, Apple Kore...
Union group to strike against labor reform
The Korean Confederation of Trade Unions (KCTU), the nation’s second largest umbrella union, said that it will stage a general strike Wednesday to protest the...
KTX ticket sales likely to surpass 500 mil.
The number of tickets sold to passengers to travel on the nation’s high-speed train is expected to hit the 500 million mark on Sept. 24, 11 years since the Ko...
US willing to talk to North about denuclearization
The United States is willing to discuss denuclearization with North Korea minus any preconditions, and it does not matter where and in what format such talks ...
Military offered special leave on Chuseok
President Park Geun-hye will allow all enlisted soldiers and non-commissioned officers (NCOs) special leave for the traditional Chuseok holiday, Cheong Wa Dae...
Rival schools hit over game tickets
Organizers of the Korea-Yonsei Festival, an annual sports event held from Sept. 18-19 between the ...
Runners on escalators face fines next month
Starting next month, running on escalators at subway stations will be banned to reduce the risk of accidents, the Ministry of Public Safety and Security said ...
DongA Ilbo (http://english.donga.com)
Export to Thailand reinforces position of Korean ultrasonic jets in U.S. T-X project
The Korean Aerospace Industries (KAI) has signed on the deal to export T-50 (photo), home-produced ultrasonic trainer jet aircraft, with the Thai government. This deal, worth 38 trillion won (approx. USD 32.37 billion),...
Will ebook prices ‘drop to half’?
“Will ebook prices decline somewhat from now?” “They are already not that expensive. They are reasonably priced.” Readers and publishers are in dispute over the price of ebooks lately. Controversy started when an...
Kang Jung-ho ends season prematurely due to knee injury
Kang Jung-ho (28) of the Pittsburgh Pirates will miss the rest of this season due to injury. Kang played shortstop in a home game against the Chicago Cubs at PNC Park in Pittsburgh, Pennsylvania, the U.S. on Friday....
Tracing back 3,500 kilometers to home country
“I was told that my grandmother used to have sore eyes from crying day and night, missing her second son,” Kim Gyeong-soo (aged 65) said in tears while he was telling the story of his late grandmother. In the arms of...
North Korea may deploy ICBM if it succeeds in launching a long-range missile
Military authorities in South Korea and the U.S. view that North Korea is highly likely to launch a long-range missile at its satellite launching station in Tongchang-ri in North Pyongan province to mark the...
“October remains a possibility for interest rate hike,” said the U.S. Fed
At the center of global attention on September, the U.S. has decided to freeze the interest rates at Federal Open Market Committee (FOMC). Through its statement and press conference, the Federal Reserve System (Fed)...
S. Korean president to deliver speech at U.N. General Assembly on Sept. 28
Businessman-turned politician Malcolm Turnbull becomes Australia’s new prime minister
Korean major leaguers continue to thrive on
Real-name street vendor system to debut
Chosun Ilbo (http://english.chosun.com)
N. Korea Recalls Envoy to Indonesia After ?clat
North Korea has abruptly recalled its ambassador to Indonesia after a series of events in the Southeast Asian nation about the human rights situation in the North. The North on Saturday replaced the ambassador, Ri Jong-ryul, with An Kwang-il. >> Full Text
Japanese Foreign Ministry Deletes War Shame from Website
Japan's Foreign Ministry revamped a section on its Internet website explaining the country's major historical milestones and deleted all references to its occupation of Korea. The revamped website was unveiled on Saturday. >> Full Text
High Rents Drive People Out of Seoul
Skyrocketing rents and Korean-style lease deposits in Seoul are leading to an exodus to the suburbs. Some 23,134 apartments or homes in Gyeonggi Province were bought by individuals registered as Seoul residents between January and July of this year. >> Full Text
Soldiers to Get Special Chuseok Leave
LG Releases New Budget Smartphone
Hyundai Gets Boost in Sales from New Compact SedanK
Kang Jung-ho Out for Remainder of Season
Hankyoreh Shinmoon (http://english.hani.co.kr)
Japan passes bills allowing it to wage war for the first time in 70 years
Japan’s ability to participate in armed conflicts overseas further complicates Seoul’s foreign policy strategy
The administration of Japanese Prime Minister Shinzo Abe fought off fierce objections from the political opposition and public to pass new and revised national security legislation that gives the country authority to exercise collective self-defense.
[Analysis] What’s Abe really doing with revised security legislation?
The new and revised national security legislation passed at a general session of the Japanese House of Councilors on Sept. 19 - a move that puts the political future of Prime Minister Shinzo Abe on the line - consists of ten amendments to the Self-Defense Forces Act and other laws and a new “International Peace Support Law.” .
Supreme Court upholds “fault divorce” system
The question of whether a spouse who has committed adultery should be allowed to file for divorce was reviewed for the first time by the full panel of the Supreme Court, but the court decided to uphold the “fault divorce” system outlined by legal precedent. According to this system, a court may not grant a divorce when the petitioner is the spouse responsible for the breakdown of the marriage. .
Research predictions put S. Korean growth at around 2% for second consecutive year
Next year, the South Korean economy will only grow around 2% for the second year in a row, according to projections by a private research institute in South Korea. The projections were prompted by growing difficulties for South Korea’s exporters as the recovery in the global economy slows even further with a US interest rate hike slated for the second half of the year. .
Government pushing measures to tighten control of the internet
The current administration and ruling party have been making major efforts to put pressure on online spaces. The last few months have seen a spate of measures that could curtail online freedom of expression, including demands for “portal site reform” from the ruling Saenuri Party (NFP)...
JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
Seoul stays tough on Japan’s security laws
Government pushes for transparency in new defense measures
In a prompt response on Saturday to contentious Japanese defense legislation that authorized overseas military combat missions, Seoul stressed that it “will not tolerate” Japan’s practice of collective self-defense on the Korean Peninsula …
Samsung Electronics’ profits in Q3 lackluster
Samsung Electronics is forecast to post modest profits for the third quarter, as sales of the company’s flagship smartphones failed to drive significant sales …
NPAD reaffirms faith in chairman in the face of party divides
The New Politics Alliance for Democracy (NPAD) decided on Sunday to continue its support for party Chairman Moon Jae-in, amid growing internal strife …
Posco empowers workers to get the big idea
In most Korean chaebol groups, the opinions of the owner are generally absolute. Unlike most conglomerates, however, multinational steel giant Posco isn’t led by someone who succeeded …
Opportunities for staff to achieve ‘Great’ vision
After Kwon Oh-joon became chairman of Posco last year, he announced “Posco the Great,” a vision to regain the company’s fame as a leading global steelmaker …
Retailers see Chinese coming back
Chinese tourists are increasingly coming back to Korea now that the Middle East respiratory syndrome (MERS) outbreak that began in May has receded …
Top firms on track with 2015 investment goals
About 45 percent of the investments announced by the nation’s top 30 conglomerates for this year have been executed in the first half, a report by the Federation of Korean Industries …
Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
NPS opens Singapore office
South Korea’s National Pension Service (NPS) with over 500 trillion won ($429 billion) assets opened its offshore office in Singapore to increase overseas and alterna.. ...09.18 17:19
Samsung Pay’s US debut nears
Samsung’s mobile payment system Samsung Pay is about to debut in the US after it successfully gathered 500,000 subscribers less than a month after its launch in Korea.. ...09.18 16:58
IOYS ready to beat rivals with faster 3D real figurine printing
IOYS, a South Korean 3D solution company, developed the technology that scans an object just in one second and creates a 3D printed replica of the object in two hours,.. ...09.18 16:54
China’s top 3 MBA schools to host sessions at WKF
Despite lingering concerns over the economic slowdown in China, many foreign companies remain enthusiastic about opening their business in the world’s second largest .. ...09.18 16:01
“Chicken-nomics” for all
For many retirees without sufficient savings, a quick resort is opening a fried chicken franchise. However, South Korean chicken franchises seem to be increasing at a.. ...09.18 14:40
Doosan Infracore begins reshuffling
Doosan Infracore Co. started restructuring its business through job cuts and business consolidation in response to shrinking demand and deteriorating earnings from the.. ...09.18 14:22
Hotel Lotte mulling taking over additional hotels worldwide
Hotel Lotte Co., hotel arm of South Korean conglomerate Lotte Group, plans to take over 33 more hotels in major cities around the world. “We currently operate 11 hot.. ...09.18 13:31
Samsung to pioneer mobile TV market with Galaxy View
As the clock ticks down toward the debut of the Galaxy View by Samsung Electronics, attention grows whether the mega tablet with an 18.4-inch screen could help restore.. ...09.17 18:32
Growth strategies released by top companies
The Korea K-TOP 30 IR Conference held at Korea Exchange’s Seoul office on Thursday was a venue for the country’s top companies to share their future growth strategie.. ...09.17 17:41
The Kyunghyang Shinmoon (http://english.khan.co.kr/)
[Editorial] Shin Dong-bin Needs to Correct Chaebol Behavior for a 'New' Lotte
The focus at yesterday's parliamentary investigation was the Political Affairs Committee where Lotte Chairman Shin Dong-bin was present to answer questions. Th···
Samsung C&T Holds Hands with Alibaba and Aims at China's Online Fashion Business
?Samsung C&T has held hands with China's Alibaba Group to enter China's online fashion business. Samsung C&T's fashion group (formerly Cheil Industr···
Is This a Plan by the Pro-Park Members to Dominate the Party?
Despite Yoon's explanation, the political circle does not seem to see Yoon's statement as a sudden remark. Politicians claim that Yoon's words were a sig···
[Aftermath of the Tripartite Committee's Agreement] Ruling Party Tables Five Major Labor Acts, Intensifying Legislative Conflicts with the Opposition
On September 16, the Saenuri Party motioned the so-called "five major labor reform bills" including the Labor Standards Act, Employment Insurance Act, Indust···
[North Korea Hints of Nuclear Test] North Korea Mentions 'Nuclear Weapons' in Addition to 'Rocket,' Luring the U.S. to the Table
North Korea, currently preparing for the reunion of separated families following the August 25 agreement with South Korea, continues to hint at an armed demonst···
[Editorial] A Leftist Wind Is Blowing in U.S. and U.K. Elections for a Reason
Left-wing politicians are increasingly gaining support in U.S. and U.K. politics. According to a survey of the state of Idaho released by CBS and YouGov on Sept···
The Korea Economic Daily (http://english.hankyung.com/)
Korea's 2015 Growth Rate Forecast to Remain at Early 2% Level
It is forecast that Korea's economic growth rate this year would fall to a level even lower than that in 2009 when the world economy was shaken by the global financial crisis in the previous year. Economic forecasting institutions at home and elsewhere are predicting that the growth rate would remai...
Average Years of Service Increase for 80% of Top-30 Business Groups from 2014
As many as 80 percent of Korea's top-30 business groups saw their employees' average years of service increase from the last year. According to CEO Score, a firm specializing in tracking corporate performance, on September 20, the average number of years of service of employees in 249 affiliates of ...
Top 30 Groups Execute 45.1% of Their 2015 Planned Investment in First Half
Korea's top-30 business groups, including Samsung and Hyundai Motor, invested 61.1 trillion won in the first half of this year, an amount equivalent to 45.1 percent of their 135.6 trillion won investment planned for the full year 2015. On September 20, the Federation of Korean Industries announced t...
KT Consortium Ramps up Efforts to Launch Internet Banking Business
KT announced on September 20 that the participants of the KT consortium, established to found an Internet bank, signed an agreement to promote the business at KT building in downtown Seoul on September 17. The KT consortium consists of KT, Woori Bank, Hyundai Securities, Hanwha Life Insurance, GS Re...
Samsung’s 3Q Earnings Estimates Cut by More Than 6% in Two Months
Local analysts are cutting their earnings estimates for the third quarter performance of Samsung Electronics. According to financial information provider FnGuide on September 20, the market consensus on third-quarter operating profit of Samsung Electronics, presented as of September 17 by 22 broker...
AJU Business Daily (http://eng.ajunews.com/korea)
Actor Kim Ji-seok spotted at Jeep shop
South Korean actor Kim Ji-seok takes a look at a jacket at a Jeep shop in a Lotte Department Store in Yeongdungpo-gu, Seoul, Thursday. He plays a school teacher in KBS2's new Monday-Tuesday series…
Lotte chairman says feud over group control settled
Lotte Group Chairman Shin Dong-bin, wearing a Lotte badge on his jacket, smiles during a parliamentary audit of the Fair Trade Commission at the National Assembly in Yeouido, Seoul, Thursday. He said …
Actor Song Kang-ho plays King Yeongjo in historical film 'The Throne'
South Korean actor Song Kang-ho, who plays King Yeongjo (1694-1776) of Korea's Joseon Kingdom in historical film "The Throne," poses for a photo prior to an interview with The Aju Business Daily n…
'Discover Korea's Delicious Secret'
A contestant makes a meal during a hansik, or traditional Korean food contest held at the aT Center in Yangjae-dong, southern Seoul, Wednesday. The event, titled "Discover Korea's Delicious Secret…
Time to celebrate harvest time of year
Women and children make songpyeon, traditional Korean half-moon-shaped rice cakes that are stuffed with sweet fillings, at an event to share the special food with neighbors at the Seongsu Social Welfa…
Bazaar to help underprivileged children held
A bazaar organized by kitchenware pioneer Tefal to help underprivileged children gets underway in Mugyo-dong, central Seoul, Thursday. All proceeds from the event will be donated to the Green Umbrella…
'Assassination' 4th largest grossing South Korean film in North America
"Assassination," an ode to Korean independence fighters during Japan's colonial rule of the Korean Peninsula (1910-1945), has grossed US$1.8 million (approximately 2.1 billion Korean won) in North…
Samsung’s Medical Equipment Is Being Supplied To The U.S.’s Biggest GPO
Samsung¡?s medical equipment is going to be supplied to the U.S.¡?s biggest GPO (Group Purchasing organization). Because more than 95% of medical orga...
Seoul Semiconductor Releases Advanced LED ‘Wicop2’ Without Packaging Process
Seoul Semiconductor overcame limitation in previous chip scale package (CSP) technology and released new LED product that has same chip and package sizes. This is its s...
KAIST Research Team Develops Glasses-Type Augmented Reality Platform
¡®Glasses-Type Augmented Reality Platform¡? that supports remote cooperation work by using an avatar¡?s hand is developed. Research team led by...
Auction For 2.1 GHz Frequency Emerges As ‘Hot Potato’…”Needs To Be Auctioned By The Rule vs. Reallocation Is More Efficient”
Method to auction 2.1 GHz frequency bandwidth emerged as an issue for industry. It is an issue because a possibility was brought up that 80 MHz range out of 100 MHz ban...
Pharming Method That Steals Personal Information By Disguising Itself As Bookmarks Makes Appearance
Pharming method that extorts personal information by abusing ¡®Bookmark¡?, where one saves websites that he or she usually visits, makes appearance. AhnLab...
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Dear International Student:
We learned your name and contact information through the good offices of the prestigious Hankuk University of Foreign Studies (HUFS) and the Kenya Community in Korea (KCK) in Seoul.
The Korea Post, which celebrates its 30th anniversary of founding this year, consists of five different media outlets, three in English and two in the Korean language and two in print edition (one English and one Korean) and three Internet editions (one English Internet daily, one Korean-language Internet daily and one English e-daily).
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