Nov. 18, 2015

The Korean daily media headlines and humor

Wednesday, Nov. 18, 2015

Your Excellency:

Here areThe Korea Post notice and a 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.

2. If received by a person other than the intended recipient, please kindly convey the mail to His/Her Excellency.

Special Notices:

Photo shows President Soon-Heung Chang of Handong Global University (fifth from left, front row) with  ambassadors and other visiting members of the Seoul Diplomatic Corps (SDC), including Ambassador  Mme Natallia Zhylevich of Belraus (dean of the visiting members of the SDC), fourth from left the same row With Ambassador and Mrs. Sylvestre Kouassi Bile of Cote d’ Ivoire (third and second from left, front row) And AmbassadorRoballo of Argentina (sixth from left, same row) and Ambassadors Mohamed Abdi Gello  of Kenya(on the right of the rear row).

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“Why not try to change the world?”

Ambassadors, senior diplomats visit Handong Global University in Pohang

Ambassadors NatalliaZhylevich of Belarus, Kouassi Bile of Cote d’Ivoire, Jorge Roballo of Argentina and Mohamed Abdi Gello of Kenya and 20 other senior diplomats, including the charges d’affaires, visited Handong Global University in Pohang City on the Southeast Coast of Korea on Nov. 12, 2015 at the invitation of President Soon-Heung Chang of the University.

The tour, organized by The Korea Post, included also a visit to POSCO and a cruise ride around the harbor of the Pohang City.

The Korea Post has been organizing tours for the ambassadors and other senior members of the Seoul Diplomatic Corps for the past 30 years, but it must be said that the one hosted by Handong Global University is one of the most impressive in terms of the interest on the part of the host who met the guests with a true heart and warm welcome.

President Soon-Heung Chang of the University made such an excellent arrangement out of respect and special regard for the distinguished international guests by asking his Vice President Simon Kang(Administrative Affairs) and Professor JinwonAhn (School of Management and Economics) to come all the way from Pohang to Seoul to welcome and escort the ambassadors and other senior diplomats to comfortably visit his University.

The tour of the Handong Global University was a truly memorable one where many outstanding features of the University continuously surprised the visiting ambassadors and the other senior diplomats. For further details,

/news/view.html?section=161&category=181&no=1119

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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 Hold Bilateral Summits with Canadian, Filipino Counterparts

President Park Geun-hye will hold bilateral summits with her Canadian and Filipino counterparts on the sidelines of the Asia-Pacific Economic Cooperation, or...

Park Arrives in Philippines for APEC Economic Leaders' Meeting

S. Korean National Football Team Defeats Laos 5-0

'IS Launched Paris Attacks to Prove its Capabilities’

Park to Hold Bilateral Summits with Canadian, Filipino Counterparts

'IS Launched Paris Attacks to Prove its Capabilities’

S. Korean Teenager Who Joined IS Assumed Dead

S. Korea, US to Hold Economic Council Meeting

Pedestrians Account for 76% of Fatalities in Bus, Taxi Accidents

KOSPI, KOSDAQ See Gains Tuesday

N. Korea Returns S. Korean Man

Third Pilot Shipment of Rajin-Khasan Logistics Project Begins

Unification Ministry: No Word on UN Chief Visiting N. Korea

Concert for Young Koreans in Australia to be Held This Week

UN Chief's Possible Pyongyang Visit Raises Hope for Improved Ties

N. Korea Again Urges Japan to Pay Compensation to Sexual Slavery Victims

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

Park arrives in Philippines for APEC summit

President Park Geun-hye arrived in the Philippines on Tuesday for talks with regional leaders as their annual summit is being overshadowed by the recent deadly terror attacks in Paris.

Low-level N.K. provocations may be in offing for next year: U.S. experts

North Korea could attempt a series of "low-level provocations" next year to mask its internal and external vulnerabilities, U.S. experts said in a report released Tuesday.

Koreans' overseas card spending inches down in Q3

Overseas credit card spending by South Koreans dipped slightly from three months earlier in the third quarter despite a slight increase in the number of people going overseas, central bank data showed Wednesday.

S. Korean insurers net jumps 17.3 pct through Sept.

South Korean insurance companies saw their net income jump 17.3 percent in the first nine months of the year from a year earlier on gains from investment, the financial watchdog said Wednesday.

Parties agree on swift passage of anti-terror law

Rival parties said Tuesday they agreed to begin discussions for the swift passage of the anti-terrorist bill following the deadly terror attacks in Paris.

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

France seeks EU aid, launches new air strikes

France made an unprecedented demand for its European Union allies to support its military action against the Islamic Sta...

Park calls to lift trade barriers

President Park Geun-hye urged the leaders of advanced nations to lift protective measures and e...

Rising household debt weighs down sputtering economy

The Bank of Korea’s decision last week to freeze its benchmark interest rate at a record low o...

Lotte, SK Networks face tough road after losing duty-free licenses

The failure of duty-free operators to get their licenses renewed for operating stores in Seoul ...

Belgian probed as Paris attacks mastermind

A leading Belgian jihadist in Syria who has boasted in videos about planning attacks in Europe and evaded...

Dark side of elite schoo...

The multiple cases of irregularities city education officials have found in their recent aud...

Antiterrorism laws  

The shocking terrorist attacks in Paris have quite naturally put Korean authorities on edge....

Industry leaders discuss future of content at Seoul forum

The way people consume entertainment content has continued to be reshaped over the past decade....

iKON upgrades with ‘Apology’

It‘s difficult to think of YG Entertainment’s latest boy band iKON as just another rookie gro...

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

Kim Jong-un urged to cater to new rich

North Korean leader Kim Jong-un will face a serious challenge to his leadership within the next few years if he fails to cater to the new rich who are becoming increasingly powerful as the country embraces capitalist change, a U...

'N. Korea invited Ban Ki-moon' 

North Korea appears to have invited U.N. Secretary General Ban Ki-moon to visit the repressive country, and he accepted, diplomatic sources said Tuesday. 

Labor activists seek sanctuary at Jogye Temple 

Police are facing a dilemma over detaining an organizer of Saturday’s mass anti-government rally, ...

Rich dad, rich son 

It is harder to become self-made in Korea, with inheritance from parents taking a greater role in ...

Studying abroad at early age losing steam 

The number of grade-school students going abroad for schooling is dying down, data showed Tuesday. 

Officials visit NK for trans-Korea project 

A South Korean delegation arrived in North Korea’s northern port city of Rajin, Tuesday, to study ...

UN chief's presidential bid speculated on again 

Rumors about U.N. Secretary-General Ban Ki-moon’s potential candidacy for the 2017 presidential election are circulating again, amid reports that he may soon ...

Lockheed staff will visit Seoul 

Lockheed Martin officials will visit Korea this week to discuss the transfer of technologies related to the country’s KF-X project, the development of an indi...

Facebook reacts to flag criticism 

Following the Paris terrorist attacks, Facebook introduced a function that creates an overlay of the French flag on users' profile pictures.

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

The next target of IS is the world in fear

The whole world is panicked by the terrorism threat by the Islamic State. The level of fear is the highest in the United States, where the Islamic militants have announced as the next target. The city of New York, which... 

Former politician claims to be ‘pro-Rho but not pro-Moon’

I am a member of the pro-Roh Moo-hyun faction but not pro-Moon Jae-in.” Kim Doo-kwan, former governor of South Gyeongsang Province, made the remarks in an interview with The Dong-A Ilbo on Tuesday. He gave the remarks...

Drinking tap water can save $1.75 billion of social costs, say experts

The biggest benefit of drinking tap water is its cost effectiveness. The quality and taste of tap water are not inferior to plastic water bottles or water dispensers and is far cheaper. Experts say that by drinking tap...

Not yet Major Leaguer, Park Byung-ho already listed as top rookie candidate

Park Byung-ho from Nexen Heroes, who has yet to sign a Major League contract, was listed as the Rookie of the Year candidate for 2016. A column titled "(Early) 2016 Rookie of the Year candidates" on U.S. sports...

Unlikely dispute between Buddhism and Confucianism

When the site of a seowon (memorial hall in honor of Confucians) was excavated, national treasure-grade Buddhist relics were found en masse. It was the situation that happened at DobongSeowon at the foot of Mount...

U.N. chief Ban Ki-moon to visit Pyongyang this week

Yonhap News reported Sunday (local time) that United Nations Secretary General Ban Ki-moon will visit Pyongyang in North Korea, sometime this week, citing an unnamed high ranking U.N. source in New York. Yonhap said Ban...

Some 60,000 improved varieties of saw-edged perch to be exported to Taiwan 

Park In-bee wins LPGA Ochoa Invitational 

Mt. Seorak`sTowangseong Falls is open to public in 45 years

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

Gangnam Sees Most Crimes in Seoul

Most major crimes in Seoul happen in the districts of Gangnam, Songpa, Yeongdeungpo and Gwanak. The finding comes from data the Seoul Metropolitan Police Agency submitted to Saenuri Party lawmaker Kang Gi-yoon last week. >> Full Text

Can Apple Beat Samsung in Southeast Asia as Well?

Apple has begun to increase its share of the Southeast Asian market after a spectacular surge in China. Last month Apple established a sales subsidiary in the Vietnamese capital of Ho Chi Minh City which will handle iPhone and iPad sales and repairs. >> Full Text

Land Prices Soared 3,030 Times Over Last 50 Years

Land prices in Korea have risen around 3,030 times compared to the mid-1960s. That means a plot purchased for W100,000 back in 1964, then equivalent to the annual salary of an average worker, would now be worth around W300 million. >> Full Text

Many Koreans Among Victims of Terror Attacks Since 2010UN Chief to Visit N.Korea

Park, Abe in Friendly Chat at G20 Summit

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

UN Secretary General likely to visit North Korea soon

Ban Ki-moon would be making his first visit as UN chief, but has little room to seek a breakthrough while in North Korea 

UN Secretary-General Ban Ki-moon is reportedly scheduled to visit North Korea in the near future.Ban’s visit would be the third to the country by a UN Secretary-General, after Kurt Waldheim in 1979 and Boutros Boutros-Ghali in 1993.“Secretary-General Ban definitely is visiting North Korea,” a source familiar with the North Korea situation told the Hankyoreh on Nov. 15.According to reports, Ban has already decided on a plan for his visit to Pyongyang.

High Court restores KTU’s legal union status

Seoul High Court accepted a request to suspend an administration notification revoking the legal status of the Korean Teachers’ and Education Workers’ Union (KTU), thereby overturning a previous Supreme Court decision.The decision means KTU could face trial over the retention of its lawful union status when it receives an appeals court judgment. .

Local governments trying bold new programs to “rescue the youth”

“Rescuing the youth” is becoming a key initiative for local governments in the greater Seoul area. With Gyeonggi Province and the cities of Seoul and Seongnam setting up welfare programs, including a “youth activity fund,” to help young people find jobs and start businesses, more than 10,000 residents of Siheung, Gyeonggi Province, submitted a public petition to the city government to create an ordinance to help young people. .

Students undertake risky clinical trials “just for the money”

University student named Chae, 24, has been paid to take part in bioequivalence testing on three occasions - 2012, 2014, and this spring. Bioequivalence testing is a kind of clinical test used to test for the efficacy and side effects of generic versions of premium drugs whose patents have expired. Websites for part time jobs list hundreds of posts for bioequivalence testing.

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

NPAD supporters wish for troika

Supporters of the main opposition party believe that its current chairman, Moon Jae-in, can’t pull off an election victory on his own and want him to continue leading the party in partnership with other political heavyweights, a JoongAngIlbo poll showed. Moon, the sole chairman of the New Politics Alliance for Democracy…

Korea Inc. expects a tepid 2016

Over 90 percent of major companies expect the Korean economy to grow below 3 percent next year, lower than estimates from various government institutions…

After Paris attacks, passport law to be changed

The Ministry of Foreign Affairs is revising its passport law to make it more difficult for Korean nationals to go to countries it has put a travel ban on, such as Syria…

BOK foresees U.S. rate cut despite Paris

Amid growing speculation that the U.S. central bank might postpone its first interest rate hike since 2006 in the wake of the terrorist attacks in Paris…

Metals and dirt used to reflect social position

Perhaps inspired by the English phrase “born with a silver spoon in one’s mouth,” members of Korea’s younger generation have devised their own way…

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

Samsung to launch Bio Processor next year

Samsung Electronics will commercialize Bio Processor (BP), a new system chip, during the first quarter of next year, the company said Monday.

SK Chairman Chey visits rival groups’ creative economy innovation centers

Having visited rival groups’ creative economy innovation centers, SK Group Chairman Chey Tae-won has expressed his support for ...

Korea Kolmar lands $61 million skin and health care deal with Chinese group

Korea Kolmar Co. that develops skin and health care products landed an exclusive contract to supply its products worth 72 billion won ...

Korean department stores go on largest-ever sales from next week

South Korean department stores are packaging largest-scale and biggest-deal sales promotion events to keep local consumers’ ...

Hyundai Motor Chairman ranks first among S. Korea’s top CEOs

Hyundai Motor Group Chairman Chung Mong-Koo received 7 billion won ($5.99 million) including wages and incentives in the ...

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

[The Time Is Now] Rough Words on the Major Weekend Rally: Ruling Party Lawmaker Says, "It Is Okay for the Police to Shoot a Citizen in Advanced Countries"

"In developed countries, it is okay even if a police officer shoots and kills citizens." "If we can't suppress demonstrations, we can't win against ···

[Editorial] President Park Misleads G20 Leaders on South Korean Labor Reforms

Yesterday at the G20 Summit, President Park Geun-hye(photo) introduced South Korea's labor reforms as an exemplary model of "inclusive growth." She used the ···

[Editorial] Government Blocks Its Ears to the People and Puts a Sixty-Something Farmer in Critical Condition with a Water Canon

Demonstrators violently clashed with the police at a rally in Seoul last weekend. The police parked police buses to create a barricade in places throughout down···

North Korea Declares Navigation Restriction Zone in East Sea, Possibility of Missile Launch

North Korea declared a navigation restriction zone in the East Sea from November 11 to early next month. The South Korean military is keeping an eye on the Nort···

[Editorial] Civil Servant Interviews Verifying Ideology:

Civil Servants Are Not Warriors Upholding Conservative IdeologyLate last month, interviewers asked applicants their thoughts on the state authorized history textbooks and North Korean supporters during an interview f···

A Man at the Center of a Censorship Scandal as the Candidate for Director of the National Museum of Modern and Contemporary Art?

Artists are asking the government to publicly verify former Director of the Barcelona Museum of Contemporary Art (MACBA) Bartomeu Mari (49, photo), curre···

'What Do You Think about the State Authorized Textbook and the Pro-North Korea Groups?' Questioning Ideology in Interview for Grade-5

In an interview for grade-5 public officials held at the end of last month, the interviewers reportedly asked questions on North Korean supporters and the state···

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

LG Display Keeps Top Spot in Large Display Market for 24 Straight Quarters

LG Display maintained its lead in the global large display market for 24 consecutive quarters. Large displays are used mainly for TVs, monitors, and laptop computers. LG Display has never lost the No. 1 position in this market over the past six years. According to market research firm IHS on Novembe...

Jeju New Airport Would Benefit Chinese Airlines Only

The Korean government announced a plan to build a second international airport in Jeju Island on November 10, which would contribute to more than doubling the air traffic to and from the island. The Korean airliners, however, don’t look that happy since they are concerned about a potential that the...

Hyundai Motor to Hire More Than 10,000 per Year

Hyundai Motor Group is driving forward with an unprecedented job creation project. The group also plans to donate for the Youth Hope Fund, as well as running programs to help young people get jobs or create their own business. The executives of the group, including its chairman Chung Mong-koo, decid...

Doosan Heavy Selected as Preferred Bidder to Turkish Power Plant Maintenance Project

Doosan Heavy Industries said in a regulatory filing on November 17 that it was picked as a preferred bidder to a project to improve the performance of the Afsin-ElbistanA coal-fired thermal power plant commissioned by Turkey's ERG-VerbundElektrik. The 1,345-kilowatt power plant is located 600 kilo...

Mid-Sized Shipping Companies Sail Smoothly despite Economic Slump

Hyundai Merchant Marine and Hanjin Shipping are down in the dumps amid heightened uncertainty about when and whether they can get out of the quandary amid a prolonged economic slowdown. In contrast, the nation’s mid-sized shipping companies continue to enjoy profitable growth. Since 2010 when a sen...

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

Ban most favored presidential candidate - Poll

United Nations Secretary General Ban Ki-moon[AJU NEWS CORP DB] United Nations Secretary General Ban Ki-moon is the most favored among potential candidates for the 2017 presidential election, ac…

Four seasons of actress Ku Hye-sun to open Understage concert

[Courtesy of Hyundai Understage] ?A multi-talented Korean actress and filmmaker, Ku Hye-sun is to open a concert titled “Summer, Fall, Winter and Spring” on November 21st. The concert, colla…

Suzy dresses in men's clothes to sing pan-sori

[Photo by YooDae-gil=dbeorlf123@] A member of a Korean idol group “Miss-A”, Suzy will act as a female singer in Joseon(old name of Korea) dynasty. In Joseon, only men were allowed to sing “p…

Super Junior's Choi Si-won named special representative for UNICEF Korea

South Korean boy band Super Junior's Choi Si-won has been named a special representative for the Korean Committee for UNICEF (United Nations Children's Fund), his management agency in Seoul sa…

Minnesota Twins have 30 days to strike deal with Korean slugger Park Byung-ho

The Minnesota Twins have won the posting bid for South Korean slugger Park Byung-ho, the Twins and Major League Baseball (MLB) said Monday (local time). ?The winning bid for the first baseman report…

2nd airport in Jeju Island to be built before 2025

The South Korean government Tuesday announced plans to build the second airport on the southern resort island of Jeju. The airport will be built in Seongsan-eup,

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

LG Electronics Chooses Full Metal Case for ‘G5’Nov 17, 2015Share

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Samsung Electronics and Lotte Group Makes ‘Pay Alliance

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Chinese Lighting Company Is Planning to Buy Part of OSRAM

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Samsung Electronics Will Commercialize Bio-Sensors to Smart Watches in 1st Quarter of 2016

Samsung Electronics will commercialize bio-sensors for Smart Watches in early 2016, and its next-generation system semiconductor business is planning to focus on bio-sensors, image-sensors, and mobile

system on chip (SoC). Its Smartphone business that is slowing down decided to prepare a breakthrough from mobile B2B. Samsung Electronics announced these by holding ¡&r...

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