Sept. 25, 2015
The Korean daily media headlines and humor
Friday, Sept. 25, 2015
Your Excellency:
Here are 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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A round-up of the latest news published by the Korean media:
KBS (http://world.kbs.co.kr/english/news/)
Park to Depart for UN General Assembly, Sustainable Development Summit
President Park Geun-hye will leave for New York on Friday to attend the UN Sustainable Development Summit and the 70th session of the UN General...
Park: North Will Pay Price for Provocative Actions
Park to Explain S. Korea's Diplomatic Policy at UN
Summits with Pakistan, Denmark During Park's NY Trip
S. Korea, US, Japan's Foreign Ministers to Meet in NY
S. Korea Hits Roadblock in Indigenous Fighter Jet Project
Gov't to Run 24-Hour AI Response System During Chuseok
S. Korea Hits Roadblock in Indigenous Fighter Jet Project
Consumer Sentiment Improves for 3rd Straight Month
Park to Depart for UN General Assembly, Sustainable Development Summit
Gov't to Run 24-Hour AI Response System During Chuseok
Trade Terms Improved for the Past Year
Tourists Only Transport, Discount Card Introduced
N. Korea Rejects S. Korean Parliament Visit to Gaeseong Complex
Gov't: No Signs Detected Suggesting N. Korea Rocket Launch is Imminent
S. Korean Maintenance Team to Visit North to Prepare for Family Reunions
38 North: No Signs of Long-Distance Rocket Launch by North
Yemen Mosque Blast Kills 29, Wounds Dozens More
Hajj Stampede Kills More than 700 in Saudi Arabia
Seoul to Fix Incorrect Foreign Expressions on Signage
Police Book Taxi Drivers for Overcharging Foreign Tourists
Itaewon Murder Suspect Extradited to S. Korea
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Yonhap (http://english.yonhapnews.co.kr)
Park warns N. Korea will pay price in case of provocations
South Korean President Park Geun-hye has warned that North Korea will be forced to pay "a price" if it forges ahead with banned nuclear or missile tests, according to an interview published Thursday.
Cheong Wa Dae opens probe into suspicious KF-X project
Cheong Wa Dae, the presidential office, has opened its probe into the military's landmark indigenous fighter jet project amid growing suspicions over the multibillion-dollar defense acquisition program, according to a military official Friday.
Former leftist lawmaker fined over protest rally
A former leftist lawmaker was convicted Friday for illegally holding a protest of the free trade deal between South Korea and the United States four years ago.
Busan-Amsterdam air route to launch in late Oct.
A direct air route linking South Korea's largest port of Busan and the key European transportation hub of Amsterdam will open in late October, the government said Friday.
Resom Resort head indicted over alleged mortgage fraud
The chairman of a South Korean resort chain has been indicted for getting illegal loans from a bank based on fabricated company sales figures.
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The Korea Herald (http://www.koreaherald.com)
Korea opens probe into suspicious KF-X project
An artist's impression of South Korea's next-generation KF-X fighter jet. (Yonhap) Cheong Wa Dae, South Korean pres...
Stampede at Saudi hajj kills more than 700 pilgrims
Muslim pilgrims gather around bodies of people crushed in Mina, Saudi Arabia during the annual ...
Debate brews over decriminalization of sex trade
Jang Se-hee was just 23-years-old when she started working as a sex worker. Her father had just...
How to spend Chuseok in the city
Korean Thanksgiving, or Chuseok, has traditionally been a time for families to gather and enjoy...
Volkswagen just latest scalp for independent...
PARIS ― Volkswagen’s worldwide pollution cheating has been exposed in large part thanks to independen...
Incompetence is vice, to...
During a recent parliamentary audit of the Defense Acquisition Program Administration, a law...
Fair justice
The extradition of an American suspect this week has rekindled public attention on a 1997 mu...
'Organic consumers have good diet habits’
Organic food is not necessarily healthier than its conventional counterpart in terms of positiv...
SK builds Europe’s largest lubricant base oil plant
South Korea’s SK Group, in partnership with Spain’s largest oils and gas company Repsol, is...
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The Korea Times (http://www.koreatimes.co.kr)
Cheong Wa Dae launches investigation into KF-X project
Cheong Wa Dae has asked the Defense Acquisition Program Administration (DAPA) to submit documents about the KF-X project, according to a Yonhap report Friday. A military official was quoted in the report as saying that Cheong Wa...
NK leader splashes cash to military, citizens
North Korean leader Kim Jong-un will give a special cash gift to the country’s military personnel ...
[Breaking] South Korea, Japan to hold foreign ministers' meeting in New York on Sept. 30
South Korea, Japan to hold foreign ministers’ meeting in New York on Sept. 30
Samsung to cut investment in chips
Samsung Electronics plans to cut investment in semiconductors by up to 20 percent next year to pre...
Park warns N. Korea will pay price in case of provocations
South Korean President Park Geun-hye has warned that North Korea will be forced to pay "a price" i...
Elderly make up 13.1% of population
One in eight South Koreans is aged 65 or older, indicating the nation is rapidly becoming an aged ...
Japan's defense chief to visit Korea to attend military games
Japanese Defense Minister Gen Nakatani is expected to visit Korea early next month to attend the upcoming Military World Games to be held here for 10 days fro...
KB, Mirae Asset vying for KDB Daewoo
KB Financial Group and Mirae Asset Securities are vying to take over KDB Daewoo Securities in a deal deemed to be the biggest in the country this year.
Seoul seeks to remove signs with English errors
The Seoul Metropolitan Government (SMG) has launched another campaign to remove street signs that contain English language errors.
'Arirang' designated intangible cultural asset
The Cultural Heritage Administration (CHA) said Thursday it had designated “Arirang,” a title that refers to a number of similar Korean folksongs, as the 129t...
US nuclear carrier to dock in Busan next month
The USS Ronald Reagan, a Nimitz-class nuclear-powered aircraft carrier, will arrive in Busan next ...
NK missile launch sites shrouded
North Korea has shrouded parts of a missile launch tower and a train station in Dongchang-ri due t...
Public officials accused of plagiarism on papers
Plagiarism is everywhere in Korea where novelists, scholars and politicians habitually copy other people’s work, making people insensible to this unethical pr...
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DongA Ilbo (http://english.donga.com)
Samsung is a step ahead in global mobile wallet war
Samsung`s Executive Vice President Rhee In-jong had expected that Samsung Pay mobile payment service could be a game-changer but it is receiving a better-than-expected response. “It is changing consumers’ lifestyle and...
U.S. nuclear sub, F-22 fighters to come to S. Korea as warning against N. Korea
The United States has started to send warning messages to North Korea, which has indicated that it would make missile provocations on October 10, the 70th anniversary of the founding of its ruling Workers` Party of...
Lotte Group chairman devotes private property to create Lotte Culture Foundation
Lotte Group Chairman Shin Dong-bin devoted private fortune of 10 billion won (approx. USD 8.36 million) to create a cultural foundation. Lotte Group announced on Sep. 24 that it established Lotte Culture Foundation to...
19-story hotel to be constructed next to KEPCO site in Samseong-dong
A 19-story hotel is to be constructed next to the site of Korea Electric Power Corp., in Samsung-dong of Gangnam District, Seoul. Seoul City’s Joint Committee of Architecture & Urban Planning announced on Sep. 24 that...
Endangered bird habitats found off southern coast
Fairy pitta, National Monument No. 204 and a Class 2 endangered wildlife, has been confirmed to have collective habitats in islands in coastal areas of South Jeolla Province. The warm-temperature and subtropical...
U.S. media reports Son A-seop’s possible move to Major League
This is official response from the Lotte Giants upon learning about a news report in the U.S. media that Son A-seop is seeking to move to the Major League. Citing informed sources on the Korean pro-baseball and Son’s...
Korean cartoon character theme park enjoys popularity
U.S. media reports Son A-seop’s possible move to Major League
Kim Ha-neul wins 2015 JLPGA Tour Munsingwear Ladies Tokai Classic
What did Baekje dance look like; discovering traces of 1,300-year-old dance in Japan
South Korea wins first gold medal at Rio 2015 Olympic test event
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Chosun Ilbo (http://english.chosun.com)
15% of U.S. Marines Now Deployed in Pacific
Some 15 percent of U.S. Marines are now deployed in Hawaii, Guam and elsewhere in the Pacific as part of Washington's "pivot to Asia" strategy to assert its dominance in the region. >> Full Text
Plastic Surgeons Drum Up Mass Business on Social Media
More cosmetic surgeons are offering discounts online through so-called social commerce businesses to attract customers. Social commerce firms target women by offering heavily discounted prices if a certain number of them sign up to go under the knife. >> Full Text
LG Offers Glimpse of Dual-Screen Smartphone
LG has offered a sneak peak at a dual-display smartphone set to be unveiled fully on Oct. 1. The phone also features a dual front-side camera. The sneak preview shows the outline of the phone against a black background, with two camera lenses on the front side. >> Full Text
Big Businesses Own Bigger Chunks of Korean Land
Busan Film Fest to Mark 20th Year with Top 100 Asian Films
Roster for U-17 World Cup Unveiled
Special Unit to Strike N. Korea's Nuke, Missile Sites
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Hankyoreh Shinmoon (http://english.hani.co.kr)
1997 Itaewon murder case being reopened after extradition
One of two suspects must be guilty of Burger King bathroom stabbing, but too early to predict case‘s outcome
With the extradition to South Korea of Arthur Patterson, 36 - accused of a murder that occurred at a Burger King in Itaewon, Seoul, 18 years ago - there is a chance that this murder could finally be solved in court. Patterson arrived in South Korea at Incheon International Airport early in the morning of Sep. 23. When asked by reporters whether he admitted the crime, Patterson denied all...
[Reporter’s notebook] Should Japan rearm to ‘deter North Korea’
During the parliamentary audit in the National Assembly’s National Defense Committee on Sep. 22, Navy Chief of Staff Jung Ho-sup, said that Japan needs to take part in the Key Resolve joint military exercises in order to deter North Korea. These remarks are regrettable, even if they only reflect Jung‘s personal opinion. .
CNN shows first media look at North Korea’s rocket launch facilities
Western media got their first look at North Korea’s new long-range rocket launch command facilities.CNN announced on Sept. 22 that North Korea had allowed the first foreign media coverage of its satellite control center. A brief interview with scientists outside the structure was also aired. .
Bank of Korea governor predicts growth rate of higher than 2.5%
The Bank of Korea (BOK) governor predicted on Sept. 23 that South Korea’s economic growth rate for 2015 would not fall below 2.5%.Governor Lee Ju-yeol cited recovery in domestic demand levels as a factor in his projection, which is higher than others have previously predicted. Lee also clarified that recent remarks about the 1.5% interest rate level “not being a lower limit” were not meant to hint at the possibility of additional rate cuts. .
Samsung accused of spurning dialogue-based solution for leukemia victims
More than sixty people have applied to an independent Samsung Electronics committee providing compensation on leukemia and other occupational diseases. But its unclear relationship with the coordinating committee on the issue is already spawning confusion for victims. Critics are already accusing the company of giving up on “social dialogue” while keeping the scope of compensation recipients narrow. .
Next generation jet fighter plan hitting the skids over US objections
South Korea’s pledge to transfer key technology from developer Lockheed Martin while introducing the F-35A as a next-generation fighter has foundered on objections from the US government, sources report. The technology in question would have been essential in development of the indigenous KF-X fighter. While the administration and military maintain the KF-X can still be developed without....
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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
Korean culture found top-notch
Government pushes for transparency in new defense measures
When 18-year-old Angelina Salwa R.A Hodali was first introduced to K-pop, she envisioned Korea to be as dynamic as the upbeat melodies. Having watched countless music videos and awing at the glamorous stage costumes of idol groups like Girls’ Generation…
Russian envoy discusses Pyongyang tests, Thaad
Russian Ambassador Alexander Timonin said Moscow is concerned about a possible long-range missile launch by North Korea…
VW imports had emissions sensor flaws in 2013Volkswagen Korea was ordered to recall some of its cars in early 2014 by the Ministry of Environment after it found that a sensor that monitors the exhaust gas temperature…
Two fined over Airbnb rentals
Two Korean apartment owners have been fined a total of 1.4 million won ($1,170) for illegally renting their units through Airbnb in the country’s first crackdown…
Call for more clarity over smartphone services
A group of lawmakers are calling for more transparency in smartphone services. Rep. Chyung Ho-joon of New Politics Alliance for Democracy (NPAD) on Thursday …
USS Ronald Reagan is new part of 7th Fleet
The USS Ronald Reagan, one of the most modern super carriers of the U.S. Navy, has started operations in waters near the Korean Peninsula…
Shin launches 20 billion won Lotte Cultural Foundation
Lotte Group Chairman Shin Dong-bin launched a 20 billion won cultural foundation on Thursday with half the money donated from his personal fortune…
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Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
NAEK picks up S. Korea’s future growth engines
The National Academy Engineering of Korea (NAEK) picked the list of South Korea’s future growth engines for 2035. The new growth engines on the list included: new mat.. ...09.24 18:01
Seoul International Fireworks ready to light up Seoul
South Korea’s night sky will be filled with spectacular fireworks on October 3. South Korean conglomerate Hanwha Group will host the 13th Seoul International Firewo.. ...09.24 18:00
LG Chem wins battery order from Chery
LG Chem Thursday said it has been chosen as a battery supplier for new electric vehicles being developed by China-based Chery Automobile. Chery Automobile is scheduled.. ...09.24 17:53
Park and creditors sign for Kumho Industrial
Kumho Asiana Group Thursday signed an agreement with its creditors to buy a majority stake (50 percent plus one share) in Kumho Industrial Co. for 722.8 billion won ($.. ...09.24 17:51
KT to invest 13 trillion won until 2020
KT Corp., South Korea’s largest telecom and internet company, plans to invest 13 trillion won ($10.9 billion) until 2020 to lead intelligent industry using its inform.. ...09.24 14:35
Kakao to focus on mobile business
Daum Kakao Corp. on Wednesday changed its corporate name to Kakao, signaling the company will put more weight on mobile platform businesses. The company also appoint.. ...09.24 13:20
LG Chem to build EV battery plant in Poland
LG Chem Ltd. will build an electric battery vehicle plant in Europe to better respond to demands from local carmakers such as BMW, Audi and Renault. If completed, LG C.. ...09.24 13:05
Lotte Duty Free set for bold vision
Lotte Duty Free announced a bold vision to become a global leader in travel retail business by achieving sales of 29 trillion won ($24.37 billion) overseas and attract.. ...09.23 17:25
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The Kyunghyang Shinmoon (http://english.khan.co.kr/)
[Editorial] Youth Hope Fund Taking Money from the Pockets of Irregular Workers?
The financial sector has ordered its employees to join the Youth Hope Fund, created at the suggestion of President Park Geun-hye. According to reports, K···
Over 4,500 Domestic Violence Cases around National Holidays: 112 Reports Peak on Night of Return Home
At 11 p.m. on February 16, just ahead of the Lunar New Year holiday, Jeong, 45, from Iksan, North Jeolla Province, could no longer tolerate his wife's nagging.···
Itaewon Murder Suspect Extradited to South Korea after 16 Years
American Arthur John Patterson, 36, a suspect in the "Itaewon murder" will be extradited to South Korea after sixteen years. Thus Patterson will stand trial f···
[Editorial] Views that Rhee Syng-man Founded the Nation: Teaching History with a Textbook Missing Details of Dictatorship
Yesterday, the Ministry of Education released the new history curriculum, and in it the ministry replaced the expression, "establishment of the government of t···
[Editorial] South Korea's Economy Suffers Domestic and International Challenges, Yet President Says Stop the Pessimism
South Korea's exports continued to decline for nine consecutive months. According to the export-import performance during September 1-20 surveyed by the Korea ···
Third Investor-State Dispute Case: Government Belatedly Released the Details after Attempts to Conceal the Case
The South Korean government is caught up in a third investor-state dispute with Iran's Entekhab Industrial Group following the disputes with Lone Star and "Ma···
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The Korea Economic Daily (http://english.hankyung.com/)
Domestic Consumption Shows Signs of Strong Recovery Ahead of Chuseok
Domestic consumption which has been in a slump for so long is showing clear signs of strong recovery ahead of Chuseok, one of Korea’s major holidays. The sales of department stores and discount stores are galloping, with those of small stores showing signs of rising as well. According to the Minist...
LG Chem to Supply EV Batteries to China's Chery Automobile
LG Chem has won a series of electric car battery deals in China, the world's largest EV market. The LG Group company said on September 24 that it was selected as the supplier for batteries to be mounted on the next-generation "pure" electric vehicles of Chery Automobile Co. Established in 1997, the ...
MBK May Sell off Part of HomePlus Properties to Raise Cash
MBK Partners, the private equity firm which recently acquired Korea's No. 2 discount retailer HomePlus, will seek to sell some of the retailer's real estate holdings and increase its cash balance from next year. In the investment banking industry hopes are rising that there will be a big market for ...
SK Telecom Decides to Buy Back SK Communications
SK Communications is again set to become a member of SK Group as SK Telecom decided to purchase all of SK Communication stakes. SK Telecom and SK Planet each held a board of directors’ meeting on September 24. The participants passed an agenda that SK Telecom will purchase SK Planet’s 64.5-percent...
Incheon Airport to Be Crowded with 700,000 People during Chuseok Holidays
The number of people who will use Incheon International Airport during the upcoming Chuseok holidays is expected to reach about 140,000 per day, the highest in history. Incheon International Airport Corp. (IIAC) estimated that about 700,000 passengers would use the airport during the Chuseok holiday...
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AJU Business Daily (http://eng.ajunews.com/korea)
Trade, Industry and Energy Minister Yoon Sang-jik at Aju forum
The 7th Global Green Growth Forum (GGGF) under the theme of "Creative Economy and Great Korea" gets underway at the Grand Ballroom of Plaza Hotel in central Seoul, Thursday, the second day of the 2015…
Seoul ranks 6th in Global Financial Centers Index
Seoul moved up one notch to sixth place in the Global Financial Centers Index (GFCI) in September from six months earlier. Tokyo ranked fifth with a score of 725 out of possible 1,000 points, one s…
Winners of Creative Innovation Awards named
Maxst Co. has been named as winner of the Grand Prize in the group division at the Creative Innovation Awards. The awards ceremony was held at the Grand Ballroom of Plaza Hotel in central Seoul Wed…
Promotional event for 'hanu,' or Korean beef held
Women look at packs of "hanu," or beef from a breed of cattle native to South Korea during a promotional event for customers at the Cheonggye Plaza in central Seoul Tuesday, ahead of the Chuseok holid…
Jobseekers pack public-sector job fair at COEX
Young jobseekers listen during the 2015 Public Service Fair at the COEX Convention Center in southern Seoul on Wednesday. The two-day event, organized by the Ministry of Personnel Management, ends Thu…
Forum on 'creative economy' kicks off in Seoul
The Global Green Growth Forum 2015 (GGGF) kicked off in Seoul Wednesday for a three-day run, under the theme of "Creative Economy and Great Korea." The incumbent Park Geun-hye administration’s slo…
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ETNEWS (http://english.etnews.com/)
SK Telecom And Samsung Electro-Mechanics Join Hands In IoT Business
SK Telecom and Samsung Electro-Mechanics will develop applied modules that are optimized for low-powered long-distance communication technology and look for business model. S...
Read the full story
Last Golden Time For South Korean Semiconductor Industry To Grow Is Coming Through Growth of China
A trend that has Chinese markets changing to high-tech technology markets will provide last golden time for South Korean semiconductor businesses to grow. W...
Read the full story
‘Luxury Taxi’, Which Is Kakao Taxi’s First Profit Model, Is Used In Advance For Demonstration
Watch your step.¡± ¡°Is the temperature inside the car okay?¡± A Chauffeur, who is wearing a suit, got out of BMW 520D and...
Read the full story
Cost To Download One Song Will Increase Up To $0.67
It is predicted that a price to use digital songs will increase up to 33% next year, where a cost that used to be $0.51 (600 KRW) to download one song will go up...
Read the full story
Lotte’s ‘L Pay’ Will Be Released This Month
Lotte is launching L Pay and entering electronic payment market. As Shinsegye Group already released its SSG Pay in July, it is expected that competition between ...
Read the full story
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