Oct. 28, 2015
The Korean daily media headlines and humor
Wednesday, Oct. 28, 2015
Your Excellency:
Here areThe Korea Post notice, 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:
Does Your Excellency wish to visit the HandongGlobal University, the Pohang City, a Cruise Boat Ride around the Pohang Coast and POSCO? If yes, please scroll down to the bottom for Invitation.
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The Korea Post, established 30 years ago in 1985, operates five news media outlets, two in the Korean language and three in English. They are all at your service. You can email all your English and Korean press releases and feedback for free publication to edt@koreapost.com or korpost@chol.com. The five media outlets are:
(1) A Korean print newspaper (http://www.koreapost.co.kr/pdf/list.php),
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(5) An English e-daily (/rankup_module/rankup_notice/notice_detail.html?no=327)
A round-up of the latest news published by the Korean media:
KBS (http://world.kbs.co.kr/english/news/)
Bank of Korea Chief Calls for Restructuring
Bank of Korea governor Lee Ju-yeol has emphasized the need to raise the country’s potential growth capacity through restructuring as a way of dealing with global economic uncertainties.
Moody's: S. Korean Economy to Maintain Strong Economic Growth
Top Office Calls for Peaceful Solution to South China Sea Conflict
KF-X Development Task Force to Launch Within the Year
High-Ranking Meeting to Finalize Agenda for Sunday's Trilateral Summit
Chief of Staff Denies Top Office Behind History Textbook Project
Moody's: S. Korean Economy to Maintain Strong Economic Growth
Employment Rate Of Older S. Korean Men 6th Highest in OECD
Bank of Korea Chief Calls for Restructuring
Inter-Korean NGO Exchanges Pick up Following Family Reunions
Red Cross President Discusses Letter Exchanges with North
Priest Association Visits Pyongyang to Pray for Reunification
'S. Korean Economy 2nd Most Vulnerable to Falling Stock Prices'
NHK: S. Korea, Japan Agree to Bilateral Summit on November 2
Japan Likely to Exclude Korean Victims from Project to Identify Remains
Women Prefer Jeju, Men Favor Gangwon for Domestic Trips
S. Korea to Offer Automated Immigration Screenings for Families of Foreign Residents
Red Cross Offers Counseling to Reunion Participants
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Yonhap (http://english.yonhapnews.co.kr)
S. Korea economy to grow 3 pct in 2016: think tank
The South Korean economy is expected to grow 3 percent in 2016 from this year amid a prolonged slump in exports and a delay in the recovery of domestic demand, a major think tank said Wednesday.
LG Uplus Q3 net jumps 38 pct on robust mobile biz
LG Uplus Inc., South Korea's No. 3 mobile carrier, said Wednesday its third-quarter net profit soared 38.4 percent from a year earlier due largely to a solid growth in its mobile business.
Regional powers gather to discuss peace, cooperation
Senior government officials from South Korea, the United States and other regional powers gathered in Seoul on Wednesday to discuss ways to promote peace and cooperation in a region fraught with historical and territorial disputes.
Man gets suspended sentence over threat to blow up plane
A court Wednesday sentenced a 33-year-old man to one year in prison suspended for two years for threatening to blow up a plane a former South Korean first lady took to Pyongyang.
S. Korea's housing market keeps improving in Q3
South Korea's housing market continued to show signs of improvement in the third quarter, aided by a significant rise in the number of home transactions, as well as a steady increase in prices, a report showed Wednesday.
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The Korea Herald (http://www.koreaherald.com)
Park confronts NPAD over history textbooks
Unrattled by the opposition lawmakers’ silent protest, President Park Geun-hye on Tuesday vowed to push ahead with a co...
U.S. warship sails near China's artificial islands
A U.S. warship on Tuesday sailed close to artificial islands Beijing is buil...
Manufacturers see sales fall for first time
The manufacturing sector saw sales fall last year, the Bank of Korea’s annual corporate analys...
Can you trust the K-pop charts?
This is the first in a two-part series examining issues pertaining to Korea’s digital music in...
Pianist Cho, Korea's newest classical music ...
Cho Seong-jin, the winner of the Chopin piano competition, is a new classical music icon in Korea, settin...
War on gambling
Gambling is becoming a serious problem in Korean society. One need look no further than the ...
Textbook row
As expected, President Park Geun-hye used her annual budget proposal address at the National...
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The Korea Times (http://www.koreatimes.co.kr)
NHK reports Seoul and Tokyo have agreed to host summit on Nov. 2
NHK reported late on Tuesday that Seoul and Tokyo have agreed for a summit between President Park Geun-hye and Japanese Prime Minister Shinzo Abe to be held in Seoul on Nov. 2.
Fetish 61 booked over 'sneaked' shots of women
Members of an online “fetish” community cafe who allegedly uploaded and shared sneaked shots of wo...
Seoul deserves better slogan
If Seoul wishes to falsely portray itself on the world stage as a backward urban sprawl of uneduca...
Doosan beat Samsung to even Korean Series at one apiece
The Doosan Bears defeated the Samsung Lions 6-1 to even the South Korean baseball championship fin...
Banks urged to weed out 'zombie firms'
The financial regulator urged banks to weed out debt-ridden nonviable companies, dubbed “zombie firms” here, Tuesday.
Education minister on hot seat
Education Minister Hwang Woo-yea rejected calls to step down concerning the controversy over the g...
Horserace betting shop at Walkerhill draws protest
The state-run Korea Racing Authority (KRA) is pushing a plan to open a foreigner-only betting shop for horseracing at the Sheraton Grande Walkerhill Hotel in ...
Chung drops bid for FIFA presidency
Former FIFA Vice President Chung Mong-joon dropped his bid for the FIFA presidency Monday.
Consumers confused over cancer risk of processed meat
Consumers are confused and meat producers angry over a report by an international health body on the carcinogenicity of red and processed meat being equivalen...
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DongAIlbo (http://english.donga.com)
U.S. warship crosses South China Sea red line
The U.S. dispatched Tuesday a destroyer within 12 nautical miles (about 22 kilometers) of islands artificially created by China in the South China Sea, taking the row between the two countries over the South China Sea...
Education minister faces backlash from ruling party
Hwang Woo-yea, deputy prime minister for social affairs and education minister, displayed sense of embarrassment in his voice on Tuesday. Asked what he thought of mounting calls for his replacement from within the...
Food Ministry to make guidelines for daily processed meat intake
“Ham, sausage, beef and pork are all said to have cancer causing substance. We can’t eat these anymore?” The World Health Organization has classed processed meat such as ham and sausage as carcinogens, putting them in...
Death certificate of painter Chun Kyung-ja disclosed
Lee Hye-sun (70, textile designer) said her mother and painter the late Chun Kyung-ja passed away at Lee’s condominium in Manhattan, New York in the U.S. at 5 a.m. on August 6. In an exclusive interview with this...
Envying Japan’s diehard affection for handball
Handball game between Korea and Japan, which took place in Nagoya, Japan on Sunday, entailed a "twist." At the game in which a berth for the Olympic Games was at stake, Korea dominated the game from the beginning. As a...
Jeungdo Gaza, known as the oldest metal type, turns out to be faked
Jeungdo Gaza, which saw raised suspicions over its authenticity as the oldest metal type in the world, has turned out to be faked. With this new founding, the 5-year long controversy over whether it was invented 138...
Lydia Ko becomes youngest golfer to win 10 LPGA titles
Anti-Korea graffiti on monuments for Korean laborers forced by Japan
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ChosunIlbo (http://english.chosun.com)
Many Serious Crimes Happen in Office Hours
A substantial proportion of murders, robberies, rapes and abductions take place not under cover of night but in orderly office hours from 9 a.m. to 6 p.m., Statistics Korea data show. Some 23.5 percent of rapes occurred in the morning and afternoon. >> Full Text
Korea to See More Unseasonal Sandstorms
Mild sandstorms over the West Sea and some inland areas on Tuesday followed the onslaught of haze from China last week. Sandstorms are frequent in spring but almost unheard-of in October. Weather experts blame the worst drought in 54 years in Inner Mongolia this summer. >> Full Text
Study Finds Being Underweight Not a Health Risk
It has long been believed that being underweight can lead to a greater risk of death due to a lack of nutrients and a weak immune system. But a Korean research team has recently published a new large-scale study which found that there is no difference in the mortality rate between underweight and normal weight people. >> Full Text
Korea Bafflingly Ranked 4th Best Place to Do Business
Korean, Chinese, Japanese Leaders to Dine in Informal Atmosphere
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HankyorehShinmoon (http://english.hani.co.kr)
Blue House acknowledges meetings on state-issued history textbooks
Previously, the Blue House had claimed that the textbooks were solely a Ministry of Education initiative
The Blue House acknowledged that it had been holding daily meetings to check on the progress of a government plan to author Korean history textbooks and that it had received reports on these plans from a task force devoted to the state-issued textbooks.
Boom driven by emerging economies was just “euphoria”
The idea that the rise of emerging economies like China and India in the early twenty-first century would usher in a boom for the global economy was nothing more than “euphoria,” a noted scholar claims.The argument from Jayati Ghosh, a professor at India‘s Jawaharlal Nehru University, came during her keynote speech at the sixth Hankyoreh Asia Future Forum held at the Sheraton Grande Walkerhill hotel in Seoul on Oct. 28-29. .
“South Korea has gotten lost. The way forward isn’t clear”
Lee Rae-gyeong, 61, head of a group that is preparing for the establishment of Another 100 Years, says, “For the last two or three years there has been a series of reversals in South Korea,” describing this as “a time of strong conservative reaction.”Lee does not deny South Korea’s past accomplishments. While the country is still facing many problems, he grants that it has a considerable material foundation. .
S. Korea fires warning shots at N. Korean vessel
On the afternoon of Oct. 24, during the first day of the second round of reunions at Mt. Keumkang for families divided by the Korean War, the South Korean navy fired five warning shots from an onboard gun when a North Korean fishing patrol ship reportedly crossed the Northern Limit Line (NLL) in the waters to the east of Yeonpyeong Island in the West (Yellow) Sea. This did not come to light until a day after the fact. .
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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)
Park defends textbooks drive in live speech
President Park Geun-hye made a strong appeal to the public to support her decision to restore state control over history textbooks, rejecting criticism that she is trying to whitewash controversies over her late father, strongman Park Chung Hee.…
Korea rises to No. 4 in World Bank rankings
Korea ranked fourth in the World Bank’s Doing Business report, an influential survey that assesses the operating of business in 189countries, …
Artist’s kin shut out of her demise
Relatives of the artist Chun Kyung-ja, a towering figure in the Korean art scene whose death in August was only confirmed last week, …
LG opens electric vehicle battery plant in China
LG Chem has completed the construction of its plant in Nanjing, China, that can produce 50,000 electric vehicle (EV) batteries annually.…
Kakao confirms its eyes are on O2O services
JEJU CITY, Jeju - Kakao, the operator of the nation’s most popular mobile messenger KakaoTalk, announced on Tuesday that it is …
SK shows off duty-free plan to increase tourism
SK Networks, the duty-free shop operator of SK Group, has unveiled its plan on how it will continue to run the existing shop if they succeed …
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MaeilKyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
Korea’s DSME needs to find a new owner after capital adjustment before funding
Turning Daewoo Shipbuilding & Marine Engineering back into a private entity under a new ownership as a part of government-led ...
New models, sales driver for Hyundai Motor Group
South Korea’s leading carmakers, Hyundai Motor Co. and Kia Motors Corp., have fared well against rivals in the global auto market, ...
Korean govt must show will on shipbuilding restructuring through reform in DSME
Daewoo Shipbuilding & Marine Engineering (DSME) stands at a litmus test for the Korean government’s will to restructure ailing ...
Mobile gift cards catch on fast in Korean food industry
Will that be cash, check, or credit no longer is the usual phrase the shopkeeper asks when it comes to pay after a meal in Korea. ...
Korean health authorities out to rein in popularity of flavored tobacco
South Korean health authorities have launched investigation into health risks in flavored tobacco product fearing increasing choices ...
Samsung’s next smartwatch to feature latest mobile payment system
Samsung Electronics Co., South Korea’s leading smartphone maker, will allow users of its next smartwatch to get access to its latest ...
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The KyunghyangShinmoon(http://english.khan.co.kr/)
The Government and the Ruling Party Claim "All Things Point to the Labor Union," Government Suffering from "Blame-the-Labor-Union Syndrome"
The government's "blame-the-labor-union syndrome" is getting serious. Recently, more and more government explanations for the slow-growing South Korean econo···
"Investigation of Foreigner who Invited People to Join the ISIS" Is This an "IS Scandal" Triggered by the NIS?
Reportedly, the police have detained and is investigating a Pakistani for allegedly violating the Immigration Control Act. The man is suspected of inviting peop···
'Stop Selling the Korean Version of The Great Escape Written by a Nobel Laureate'
The Princeton University Press announced its official position asking the Korean publisher of The Great Escape to cease selling the existing Korean translation ···
[Editorial] 154 International Scholars Oppose State Designated Textbooks: An International Disgrace
One hundred and fifty-four foreign scholars of Korean Studies released a statement opposing the state designated history textbooks promoted by the Park Geun-hye···
Grey-haired Daughter Calls out 'Dad' for the First Time at the Age of 68, 'They Say This Is the End for Us'
"Dad, they say this is the end for us. Dad..." Yi Jeong-suk (68), who had to part with her father whom she met for the first time in 65 years for only twel···
Stubborn President Only Reaffirms Her Determination to Push Ahead with State Designated Textbook
President Park Geun-hye, Saenuri Party leader Kim Moo-sung, floor leader Won Yoo-chul, New Politics Alliance for Democracy leader Moon Jae-in, and floor leader ···
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The Korea Economic Daily(http://english.hankyung.com/)
Korea's Major Shippers to Face More Serious Challenge within a Few Years
The major reason for the government to urge a merger between Hanjin Shipping and Hyundai Merchant Marine was based on a judgment that their competitiveness is far behind that of global shipping companies in terms of scale economies. Unless the nation's top-two shippers restructure themselves, the re...
Korean Shippers Soon to Be Excluded from Global Alliances Unless They Get Bigger
The global shipping industry has been restructured into four gigantic alliances early this year. Previously the best-known shipping alliances were the he CKYHE Alliance and the G6 Alliance. But now Maersk Line and Mediterranean Shipping Co. formed "2M" while three shipping firms including France's C...
[Market Insight] PCA Life to Find a New Owner
PCA Life Insurance Co., a Korean unit of Britain-based Prudential Group, is put out on the market for sale. According to investment banking sources on October 27, Prudential Group has decided to sell off PCA Life and selected Morgan Stanley as the underwriter. According to an investment banker, the ...
[Market Insight] Hyosung and Kolon Emerge as "White Knights" for Kumho's Chairman
Hyosung and Kolon will emerge as "white knights" for Kumho Asiana Group chairman Park Sam-koo. It was widely interpreted as a move to strengthen ties with Kumho Tire, the major customer for the companies' tire cords. Mr. Park, aided by a group of financial backers including Hyosung and Kolon, will l...
2014 Manufacturing Sales Growth Rate Falls 1.6%, First in History
The aggregate sales revenue of Korea's manufacturers fell last year for the first time in its history. According to a report "2014 Analysis on Corporate Management Conditions" published by the Bank of Korea on October 27, the sales growth rate for all domestic firms last year was 1.3 percent, down f...
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AJU Business Daily(http://eng.ajunews.com/korea)
Fallen leaves after rainfall
A pedestrian walks on the street covered with fallen leaves in Jeong-dong, central Seoul, after a rainfall on Tuesday. In recent weeks, temperatures between day and night have ranged by as much as 10 …
Posted: 2015-10-27 15:37:39 |Updated: 2015-10-27 15:37:39
Job fair for young people held
Young people look for job opportunity from a bulletin board during a job fair held at the Korea Job World in Seongnam, Gyeonggi Province, South Korea, Monday. More than 100 businesses, including major…
Posted: 2015-10-26 15:55:02 |Updated: 2015-10-26 15:55:02
Agricultural products for underprivileged people
Staffers from NH Financial Group pack ?boxes with agricultural products for the underprivileged, including senior citizens who live alone and disabled people, at the auditorium of the NH headquarters …
Posted: 2015-10-26 15:53:22 |Updated: 2015-10-26 15:53:22
Playing tug-of-war
Men play the tug-of-war during an annual athletic meeting for people, whose hometowns are located in North Korea, at a stadium in Mok-dong, Seoul, the capital of South Korea, Sunday.
Posted: 2015-10-26 15:51:42 |Updated: 2015-10-26 15:51:42
Calendars for 2016, the Year of the Monkey, available for purchase
With more than two months to go before the beginning of the New Year, a man looks at calendars for 2016, the Year of the Monkey, that hang on the wall of a shop in Eulji-ro, central Seoul, Sunday.
Posted: 2015-10-26 15:49:27 |Updated: 2015-10-26 16:40:18
Actress Goh Hyun-jeong to return to small screen with tvN drama next year
After a three-hiatus, actress Goh Hyun-jeong will return to the small screen next year with cable network tvN's drama, tentatively titled "Dear My Friends," the broadcaster said Thursday. The tele…
Posted: 2015-10-23 15:53:27 |Updated: 2015-10-23 15:53:27
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ETNEWS(http://english.etnews.com/)
Crucialtec Commercializes Fingerprint Recognition Algorithm For Extremel...
Fingerprint recognition algorithm for small area that can reduce surface of a sensor that is needed for fingerprint recognition by a third has finally come out. It ca...
Read the full story
Fierce Competition For Supremacy Over Wireless Vacuum Cleaner Markets
Global competition for supremacy over wireless vacuum cleaner is very fierce. As a trend for vacuum cleaner goes from wired to wireless, psychological welfare between b...
Read the full story
Owners Of Volkswagen And Audi Want Compensation For Damage For Fraudul...
Class action in the U.S representing South Korean owners of Audi and Volkswagen is starting to take a full effect. Two plaintiffs that are representing owners will...
Read the full story
Samsung Electronics Promises That It Will Make Sales Of $10 Billion In Air Solution In 2020
Samsung Electronics has made a declaration that it will make yearly sales of $10 billion in air solutions (air condition solutions and AC) in 2020 and it put out its system air conditioner. It will try to surpass Japan¡?s Daikin, which is a number business in the world, by increasing B2B and repeat an example of how it surpassed Japanese TVs 10 years ...
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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.)
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The Korea Post is at your service
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).
On the occasion of its 30th anniversary, The Kore Post is further expanding its coverage of, and service for, the international students community in Korea, from its coverage of over 200-plus foreign embassies accredited to Korea, including 111 resident embassies Seoul.
Our typical programs with the international students in Korea include the following:
Dangjin Festival: /news/view.html?smode=&skey=Dangjin&x=19&y=12§ion=161&category=181&no=896,
African retreat: /news/view.html?section=162&page=3&category=183&no=1006
It if you any interesting story/photos, which you think might contribute to the promotion of understanding, exchange, cooperation and friendship between Korea and your country, you may send them to us for publication by all five media units of The Korea Post mentioned above, namely:
English-language Internet daily: /main/index.html
Korean-language newspaper: http://www.koreapost.co.kr/pdf/list.php
English e-daily (Korean Media Daily Headlines): /rankup_module/rankup_notice/notice_detail.html?no=313
English print monthly: http://koreapost.koreafree.co.kr/magazine/index.html?page=2
The contact information of The Korea Post is:
Email edt@koreapost.com or korpost@chol.com, Regular phones 82-2-2298-1740/2, 1745/6, Fax 82-2-2298-9506.
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Invitation to Handong University, Pohang City, Cruise Boat Ride and POSCO
Your Excellency:
I hope that Your Excellency has received our Invitation to Handong University, Pohang City, a Cruise Boat Ride about Pohang Coast and POSCO, which we faxed to Your Excellency on October 20, 2015. It is a very good tour, especially to your esteemed country, and I hope that Your Excellency will not miss it. Here is re-run of the Invitation:
Invitation to a Tour of Handong U., Pohang City, Cruise, POSCO
Name of Tour: Tour of Handong Global University, Pohang, Cruise Ride, POSCO
Venue: Pohang City of Gyeongsangnam-do Province
Time/Date: Thursday 12 November 2015
Your Excellency:
I am pleased to inform Your Excellency that President Soon-heung Chang of Handong University, Mayor Lee Kang-duk of Pohang City and Chairman Kwon Ohjoon of POSCO, cordially invite Your Excellency and Madam, together with other Ambassadors and Spouses, to a tour of Handong Global University
(/news/view.html?smode=&skey=Handong&x=19&y=13§ion=162&category=184&no=947), Pohang City, a Cruise Boat Ride (http://www.pohangcruise.kr/) and POSCO, for the purpose of familiarization of the important features of the Pohang City. Privately, Pohang is the birthplace of former President Lee Myung-bak and was given a complete 'face-facelifting' even after the substantial renovation of the city during his tenure of office, meaning "there are a lot of things to see and enjoy."Details follow:
0820 to hours: Meet at KTX Seoul Station VIP Room (3rd Floor)
0840-1107 hours: Move to Pohang City by 1st Class KTX Train
1115-1130 hours: Move to Handong Global University.
1145-1215 hours: Welcome remarks by President Chang of Handong U., welcome address by Mayor Lee Kang-duk of PohangCity, return address, viewing of University video and watching student performances.
1215-1315 hours: Attend luncheon co-hosted by President Chang and attended by Mayor Lee and Chairman Kwon and other important personalities of the Pohang City.
1315-1400 hours: Introduction of Unit One program, question-answer session, experience introduction by foreign student and foreign professor, a group photo session.
1400-1610 hours: Visit Handong University Historical Museum, POSCO Historical Museum and ride a Pohang Cruise Boat.
1700-1930 hours: Move from Pohang back to Seoul by 1st Class KTX Train
Contacts: Ms. Kim at 010-3388-1682 (Korean), Mr. Chung at 010-3381-1101 (English), Mr. Kim at 010-9100-9112 (English), Chairman Lee at 010-5201-1740. Regular phones: 2298-1740/2, 1745/6. Fax 2298-9506.
Very Respectfully Yours
/s/
Lee Kyung-sik
Publisher-Chairman
The Korea Post
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