The Korean daily media headlines and humor

The Korean daily media headlines and humor

Friday, Nov. 6, 2015

Your Excellency:

Here areThe Korea Post notice, roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea 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.

Special Notice:

Good news for the Excellencies and Madams attending the Pohang Tour on November 12!

For the Tour of Pohang Global University, POSCO and other interesting sites of Pohang City on Thursday 12 November 2015,  the time of meeting has been changed for a more comfortable travel to 0900 hours instead of 0820 hours. The date remains the same. The new schedule is as follows:

0900 hours, November 12, 2015: Meet at KTX Seoul Station VIP Room (3rd Floor)
0945-1158 hours: Move to Pohang City by 1st Class KTX Train
1210-1225 hours: Move to Handong Global University.
1230-1253 hours: Introduction of guests, welcome address by the President of Handong University, welcome address by the Mayor of the Pohang City, return address by the Dean of the visiting Members of the Seoul Diplomatic Corps, presentation of a Plaque of Appreciation to the President of Handong U. by the Dean of the visiting members of the Diplomatic Corps (plaque prepared by The Korea Post), presentation of a memorial gift to the Dean of Diplomatic Corps, viewing of university introductory video.

1253-1340 hours: Attend luncheon co-hosted by President Chang and attended by Mayor Lee and Chairman Kwon and other important personalities of the Pohang City.
1340-1455 hours: Student performances, introduction of Handong University, Unit One program, introduction of experience by foreign students and foreign faculty members, question-answer session, introduction of Pohang City, commemorative photo-taking.

1455-1525 hours: Campus tour.

1530-1650 hours: Pohang Cruise riding.

1700-1750 hours: Visit POSCO Historical Museum.

1800-1830 hours: Move to Pohang KTX Station

1850-2125 hours: Move back to Seoul.

Contacts: Ms. Kim at 010-3388-1682 (Korean), Mr. David Chung at 010-3381-1101 (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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(Please mark the blank spaces above and below with an X or Tick)

Mobile phone of driver or secretary____________________________. Regrets:____

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Special notice to the Commercial Counsellors/Officers at the Embassies

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:

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A round-up of the latest news published by the Korean media:

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

Gov't to Improve Certification Regulations for Small Firms

The government has decided to abolish or improve more than half of the certification regulations that weigh down small- and mid-sized companies. The...

Park Touts Deregulation to Secure Growth Engines

Main Opposition Party Lifts Parliamentary Boycott

Historian Drops Out of Textbook Authorship amid Sexual Harassment Allegations

Main Opposition Party Lifts Parliamentary Boycott

NHK: Abe Emphasizes Importance of Summit with Park

KOSPI Ends Down on Last Trading Day of the Week

Seoul Says TPP Won't Deal Significant Blow to Exports

Environment Ministry to Inspect Volkswagen CO2 Irregularities

No Progress on Holding Inter-Korean Talks

N. Korea Lifts Gaeseong Entry Ban on S. Korean Officials

N. Korea Denies S. Korean Management Officials Entry to Gaeseong Industrial Complex

Pyongyang Calls on Japan to Address N. Korean Sex Slavery Victims

Gov't Advises Koreans in Sinai Peninsula to Evacuate

Japan: Final Test on Jointly Developed Missile with US due Next Year

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

S. Korea to check details of TPP, impact on economy

South Korea plans to thoroughly check the details of the Trans-Pacific Partnership (TPP) agreement and determine what impact it will have on Asia's fourth-largest economy, the government said Friday.

S. Koreans advised not to travel to Sinai Peninsula

The South Korean Embassy in Cairo has advised South Koreans in Egypt not to travel to the Sinai Peninsula where a recent plane crash killed all 224 people on board.

S. Korea joins U.N. convention against transnational organized crime

South Korea has become the 186th party to a United Nations convention against transnational organized crime, the government said Friday.

3-4 shots of soju a day can help prevent strokes: experts

A few shots of soju, the most popular liquor in South Korea, a day can significantly lower the risk of strokes among males, a team of lcoal researchers said Friday.

S. Korea to begin road test of self-driving cars in Feb.

South Korea will soon begin a road test of self-driving cars as part of efforts to develop and commercialize new growth engines that include unmanned aerial vehicles, the government said Friday.

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

Park proposes joint inter-Korean exchange office

President Park Geun-hye on Thursday proposed to establish a joint office with North Korea to handle inter-Korean exchang...

Prejudice makes refugee life tougher

With risks and challenges faced by refugees across the world having become one of the greatest ...

Korea’s per capita GDP to near Japan’s in 2020: IMF

(123RF)Korea’s per capita gross domestic product is expected to catch up with Japan within the...

371 foreigners nabbed in 2-month crackdown on gambling, phishing

The police said Thursday they had arrested a total of 708 foreigners in the past two months, wi...

S. China Sea issue poses challenge to Seoul

The ongoing dispute over the South China Sea is posing a tricky diplomatic challenge to South Korea as th...

Repeated follies

As the South Korean leader, President Park Geun-hye faces some perennial, but tough foreign ...

Focused M&As

Many Koreans still remember their harsh life during the 1997-98 financial crisis. Many were ...

Bunny-shaped hair band triggers legal dispute over design right

Do these two products look the same?A hairband shaped like bunny ears is causing a stir online,...

Screening to mark Haiyan anniversary

A documentary screening about the survivors of Typhoon Haiyan on Sunday will mark the anniversa...

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

'Korea-China ties stronger than ever'

Korea and China are enjoying the best period in their relations since the establishment of diplomatic ties in 1992, Chinese Ambassador to Korea Qui Guo-hong said at the China Forum 2015 at the Shilla Seoul, Thursday. “The two co...

'Big-3' shipyards hit by order withdrawals 

Korea’s shipbuilding industry, the global leader until a few years ago, is reeling from canceled o...

Korean-Americans least sure of English ability 

Ethnic Koreans living in America are reportedly least confident of their English-speaking ability among minorities using their mother tongue at home, local Ko... 

POSCO chief: No more blast furnaces, please 

“POSCO will never build a new blast furnace, because there must be no more of it in Korea,” POSCO ...

LG's new washing machine goes big in US 

“Twin Wash,” LG Electronics’ ambitious new washing machine, sold like hot cakes on debut in the U....

Marts spur kimchi-making with big discounts 

Workers at the Garak wholesale market were busy Friday unloading cabbage and white radish, mainly ...

Banks' payroll system lowers productivity 

The seniority-based salary system of Korea’s banking industry is facing scrutiny from government r... 

North Korea demands justice for its 'comfort women' 

North Korea urged Japan to take responsibility for Korean women forced into sexual slavery during ...

Korea's GDP to catch up to Japan's in 2020: IMF 

Korea’s per capita gross domestic product (GDP) is expected to near $37,000 in five years, catching up to Japan.

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DongAIlbo (http://english.donga.com)

KEPCO wins 60 million-dollar contract from Dominican Republic

Korea Electric Power Corporation (KEPCO) revealed on Thursday that it has received a 60 million dollars-order (approx. 68 billion Korean won) from Corporaci?nDominicana de EmpresasEl?ctricasEstatales to build a... 

Chopin competition winner Cho Seong-jin to release live solo album

Korean pianist Cho Seong-jin, winner of this year’s International Chopin Piano Competition, will release his live competition album Friday, and Korean distributor Universal will be shooting an unprecedented 50,000...

Pres. Park warns against lack of sound historical point of view

President Park Geun-hye said Thursday, “Even if unification is realized, our mentality will suffer serious confusion and disorientation (without sound historical point of view). Without it, we may be subjected to...

Taiwan, China to hold first-ever summit in Singapore

China and Taiwan will hold their first summit since the end of the Chinese Civil War in 1949. China`s Taiwan Affairs Office and Taiwan`s Office of the President officially announced Wednesday that the leaders of the two...

Seoul, Beijing to launch an organization to reduce air pollution

A joint organization will soon be launched to tackle environmental issues in Seoul and Beijing. Seoul Mayor Park Won-soon met Beijing Mayor Wang Anshun on Wednesday in the Chinese capital to sign the MOU for the...

Defense ministers of China and Korea likely to discuss South China Sea tensions

Amidst the escalating military tensions between the U.S. and China over the South China Sea, the two countries are seeking ways to ease the tensions. A sister newspaper of the People’s Daily of China reported on...

Big Boy announces his quest to the Major League 

Generous Elton John? Having a small concert only in Korea 

Employment Ministry bans sex discrimination expressions in hiring

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ChosunIlbo (http://english.chosun.com)

Chaos as Crowds Clamor for H&M's Balmain Line

Throngs of customers camped out in front of H&M stores in Seoul for five days to be the first ones to snap up a clothing line designed by Balmain. When the doors opened on the morning of the sale, the customers got into a shoving and shouting match. >> Full Text

Marines to Be Stationed Near Dokdo

Korea will station a company of Marines on Ulleung Island to boost the defense of the easternmost islets of Dokdo, on which Japan has territorial designs, a source said Thursday. Dokdo lies about 90 km east of Ulleung. >> Full Text

Seoul City Plans Cash Handouts for Young Jobseekers

The Seoul Metropolitan Government plans to provide W500,000 per month to 3,0000 young jobseekers from next year until 2020. The measure is part of Mayor Park Won-soon's efforts to come up with citizen-friendly policies. >> Full Text

Hanmi Pharm Sells New Drug to French Firm

Heavy Rain Expected But Not Sufficient to End Drought

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HankyorehShinmoon (http://english.hani.co.kr)

State-issued textbooks looking set to be a hasty, secretive process

The government hasn’t made public the principal authors, and will struggle to stick to schedule

The National Institute of Korean History has initiated work on compiling state-issued history textbooks, but it has only made public two of the six principal authors, who could be called the “face” of the textbooks. With the institute unable to even provide the names of the main writers, there are concerns about whether it will be able to assemble the complete team of 40 or so writers on schedule. There is a risk that, in the end, a team of biased writers will be hastily cobbled together.

Questions over the guidelines for state-issued history textbooks

With the National Institute of Korean History promising to release the compilation guidelines for state-issued Korean history textbooks by the end of this month, which will make up the core of the textbooks, there is increasing interest about what those guidelines will be. .

At resumed Itaewon murder trial, both suspects still pointing at the other

Edward Lee, 36, returned to South Korean court as a witness this week, eighteen years after he was found not guilty of a 1997 stabbing at a Burger King in Seoul’s Itaewon neighborhood. .

PM’s claims about “pro-North Korea” textbooks fall flat

During a joint government briefing on Nov. 3 about plans to take control over the authorship of history textbooks, Prime Minister Hwang Kyo-ahn said that “99.9% of schools selected textbooks that are alleged to be biased.” Hwang made an ideological attack reminiscent of McCarthyism, depicting all seven textbooks aside from the one produced by the Kyohak company as being left-leaning. .

Opposition party calls state-issued textbooks an affront to liberal democracy

Following the government’s official announcement on Nov. 3 of a plan to take over the authorship of Korean history textbooks, Moon Jae-in, leader of the New Politics Alliance for Democracy (NPAD), denounced the move as being out of step with liberal democracy, saying, “State-issued history textbooks are the enemy of liberal democracy. The people who are calling for the government to resume control of history textbooks are not liberal democrats.”

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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)

By 2040, some spots will be older than others

Working in a neighborhood with one of the capital’s highest concentrations of senior citizens, Kim Min-seok says his job as a cellphone dealer in Namgajwa 1-dong, Seodaemun District, requires a special approach. It’s not the high-end features, state-of-the-art technology or hip designs that lure his grey customers.…

TPP’s details don’t turn off Seoul

The Korean government heaved a sigh of relief after terms of the Trans-Pacific Partnership (TPP), which Korea has yet to decide to join, were unveiled Thursday afternoon…

Russel describes thaw between Korea, Japan

Daniel Russel, the U.S. assistant secretary of state for East Asian and Pacific affairs, said the issue of the comfort women, the Japanese military’s wartime sex slaves,…

Shipbuilders lose foreign deals

Korea’s financially troubled shipbuilders just can’t catch a break. The total third-quarter losses for the nation’s big three - Hyundai Heavy Industries…

Hanmi Pharmaceutical agrees to mega-license deal

Hanmi Pharmaceutical entered into an agreement with Sanofi, a French drug maker, to license the Korean company’s Quantum Project…

Shinhan makes banking easier for global clients

The number of foreigners planning to stay in Korea for the foreseeable future has grown to nearly two million, and in response, Shinhan Bank has created global banking services…

Opposition ends Nat’l Assembly boycott

The main opposition party on Thursday decided to end its legislative boycott while continuing street protests against the Park Geun-hye administration’s restoration…

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

Deal with Sanofi to boost Hanmi’s position

Hanmi Pharmaceutical has signed another mega license deal, setting a new record in value, following its first eye-catching contract ...

Seoul’s tallest Lotte World Tower to house luxury penthouse and hotel

Living amidst clouds with panoramic view of the entire city could be possible for the rich in Korea as Lotte reserves some of the top ...

Gov’t to shutter 3,700 zombie firms

The government has decided to ramp up its credit guarantee assistance program for startups and young companies to more than 3 ...

Buy high-yield bonds against rate hikes

“High-yield bonds rise along with stocks in a bull market. In a bear market, they fall but the decrease is smaller than that of ...

Volkswagen scandal cut its Korean sales October

Volkswagen AG saw its Korean car sales in October plunge to one-third of its September sales after the emission cheat scandal, ...

S. Korea, France vow to strengthen their ties

Leaders of South Korea and France vowed on Wednesday to provide full support in nurturing startups as part of their efforts to ...

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The KyunghyangShinmoon(http://english.khan.co.kr/)

North Korea Blocks Entry of Two South Korean Officials from Kaesong Management Committee

On November 4, the Ministry of Unification announced that North Korea refused to allow two South Korean officials, including Choi Sang-cheol, vice chairm···

A Group Arrested for Concealing 799 Pieces of Cultural Assets

The police arrested a group of robbers and traders of cultural assets who had purchased and concealed stolen assets for over ten years with the purpose of selli···

[Editorial] We Will Clearly Remember Park Geun-hye, Kim Moo-sung, Hwang Woo-yea, Hwang Kyo-ahn, and Kim Jung-bae

By all means, the Park Geun-hye government finalized its plan to adopt state authorized history textbooks. This is an act of terrorism against democracy and the···

Why Do Historical Dramas Keep Returning to the Late Goryeo and Early Joseon Period?

The SBS drama, Six Flying Dragons, currently drawing the biggest audience among TV dramas aired on Monday and Tuesday, is set in the late Goryeo and early Joseo···

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

[Global HR Forum 2015] "Entrepreneurs Are Those Who Think Unreasonably"...M. Morris

"The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man." Michael Morris, professor of marketing at the University of Florida, said this in a presentation on November 5 titled "Ent...

[Global HR Forum] "Students Must Be Taught Coding Just Like Math and Biology"...J. Gwertzman

"Just like students who learn how electricity works by looking at the way the bulb is lighted, they must be taught how the computer works by learning software coding." James Gwertzman, CEO of PlayFab, said this on November 5 in a session titled "The Future Direction of Software Education" in the Glo...

Banks' Salary Scheme to Be Changed toward Performance Based

The government will encourage the banks to change their salary scheme toward performance based from the current seniority-based pay scheme. It was based on the judgment that the seniority-based pay system is one of the reasons that reduces the banks' productivity as they pay their employees based on...

Kia Motors Sees V-Shaped Recovery on the Back of Strong SUV Rally

After going through a sluggish first half, Kia Motors’ stock price is recently showing an outstanding performance, with its quarterly operating profit-to-sales ratio rebounding from 4.6 percent in the first quarter. Kia Motors’ third-quarter operating profit stood at 677.5 billion won, up 19.6 per...

Korean Air to Spend $4 Bil.to Buy 32 Aircraft from Boeing

Korean Airlines will purchase 32 airplanes from the Boeing Company worth US$4 billion, Boeing said on November 5. The U.S. aircraft manufacturer will supply 30 of the single-corridor 737 MAX aircraft. In addition, it will deliver to Korean Air two of the 396-seater 777-300ER airplanes that can fly u...

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

People: Actress Kim Sung-ryeong

South Korean TV actress Kim Sung-ryeong poses for the camera during a charity event, part of "Love Your W" campaigns to raise public awareness of breast cancer, at the Four Seasons Hotel in Jung-gu, c…

South Korea's FX reserves rise for 2nd straight month in October: BOK

South Korea's foreign exchange reserves increased for the second consecutive month in October, the central bank said Wednesday. The country's FX reserves reached US$369.60 billion as of the…

Hanu Day celebrated

People line up to get free dishes of bulgogi with rice during an event, part of programs to mark the 2015 Hanu (beef from a breed of cattle native to South Korea) Day, at Seoul Plaza, Tuesday.Hanupr…

Banking institutions hold job fair in Seoul

Jobseekers look at a bulletin board during the 2015 Banking Services for Ordinary People and Job Fair at the Techno-Mart in Sindorim, Guro-gu, Seoul, Tuesday.

CL attends event to raise awareness of breast cancer

CL, leader of popular South Korean girl group 2NE1, poses for photographers during a charity event at the Four Seasons Hotel in Jung-gu, central Seoul, last week. The annual event is part of "Love You…

Gocheok Sky Dome ballpark to open in November

A view of the state-of-the-art Gocheok Sky Dome, a 18,076-seat ballpark with a dome-shaped roof in Gocheok, Guro-gu, Seoul. It is the first ballpark having a dome-shaped roof to open in South Korea. T…

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

Hacking Is More Dangerous than a Missile…Quantum Cryptography Communication...

Quantum cryptography communication is the newest and most advanced cyber security technology. National Assembly, South Korean Government, and industries need...

Seoul National University and LG Electronics Develop High-Efficient...

South Korea¡?s research team has developed a high-efficient fan for air conditioner that was able to achieve low noise and high efficiency by imitating liv...

Ahnlab Revels Truth about Black Mine Operation and Believes that It...

It is predicted that groups that were responsible for cyber-attacks on South Korean financial businesses and broadcasting companies on the 20th of March of 2013 are co...

Amazon Builds Data Center in South Korea in Early 2016

Amazon, which is a global Cloud service business, has made it official that it is building a data center in South Korea. Amazon had made an announcement through its blog on the 5th that it is establishing ¡®AWS region¡? in South Korea in early 2016. AWS Region is Amazon¡?s lingo that indicates a region where there are 2 or more...

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