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The Korean daily media headlines and humorNov. 30, 2015

The Korean daily media headlines and humor

Monday, Nov. 30, 2015

Your Excellency:

Here are The 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.

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

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

Rival Parties Agree to Ratify S. Korea-China FTA

Floor leaders of rival parties have agreed to ratify the South Korea-China free trade agreement (FTA).   Floor...

Industrial Output Falls First Time in 5 Months

S. Korea's Economic Growth Positive Compared with Other Countries

Kakao, KT Win to Run S. Korea's First Internet Banks

Seoul, Pyongyang Open to Upgrading Vice-Ministerial Talks

Koreas to Hold Vice-ministerial Talks Next Month in N. Korea

N. Korea Begins Construction on Internet Communications Bureau

Chiefs of S. Korea's Overseas Missions in Asia Pacific Discuss Safety Measures

US CDC Lifts Lowest Alert Level on S. Korea MERS

China Welcomes Koreas' Agreement to Hold Talks in Dec.

Gov't to Ease Parole Regulations

S. Korean Red Cross Assisted 70 Nations in Past 5 Yrs

Seoul Police to Not Allow Mass Rally Scheduled Dec. 5

"Alive" Wins Special Jury Award at Asia-Pacific Film Festival

Seoul to Open Roller Rink at City Hall Saturday

'Assassination' Wins Best Film at Blue Dragon Film Awards

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

S. Korea's industrial output falls 1.4 pct in Oct. on weak exports

South Korea's industrial output unexpectedly dropped on-month in October on weak exports, a government report showed Monday, a turnaround from the previous month's gain that points to the sputtering recovery of Asia's fourth-largest economy.

S. Korean mobile coupon firm taps Starbucks in Hong Kong

South Korea's location-based coupon application provider YAP Company said Monday it has agreed to export its technology to Starbucks stores in Hong Kong, beefing up its efforts to tap the Chinese market.

Top pro football season ends with familiar name at top, homegrown scoring champ

The top South Korean professional football league ended Sunday with a familiar club at the top of the standings and its first homegrown scoring champ in five years.

Listed firms' debt ratio inches down in Q3

The financial stability of South Korea's listed firms has improved in the third quarter as their equity capital grew faster than liabilities, the main bourse operator said Monday.

S. Korea's industrial output falls 1.4 pct in Oct. on weak exports

South Korea's industrial output unexpectedly dropped on-month in October on weak exports, a government report showed Monday, a turnaround from the previous month's gain that points to the sputtering recovery of Asia's fourth-largest economy.

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

Paris climate change summit opens

Some 150 world leaders converge on Paris for a UN summit on climate change seeking an historic agreement to limi...

Ahn rejects Moon's call for joint NPAD leadership

The main opposition party’s former leader Rep. Ahn Cheol-soo Sunday rejected the incumbent cha...

Jeju base conceived as military-civilian port

JEJUDO ISLAND ― Minutes after the bus drifted down a tote road toward the shore, a glassy coba...

Demographic challenges undermine Korea’s growth potential

A debate is brewing here over how to cope with demographic challenges that threaten to further ...

What’s next for late Kim’s ill-fated son?

Kim Hyun-chul, the second son of the late President Kim Young-sam, had a powerful nickname when his fat...

Spoiling kids, society

One knows that lawmakers are notorious for peddling influence. Taking advantage of their pri...

Due steps

The Environment Ministry’s conclusion that some Volkswagen cars sold in Korea were involved...

State-authored textbooks monopolize interpretation of public memory

The South Korean government’s move to publish state-authored textbooks mimics tactics used by ...

Rediscovering the beauty of Korean architecture

The snowy scenery of Buyongji viewed from Yeonghwadang in Changdeokgung Palace by Bae Bein-u (L...

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

Government, parties agree to allocate W1 tril. fund for farmers impacted by China FTA

Ruling and opposition parties agreed Monday to establish 1 trillion won fund for farmers impacted by the Korea-China FTA. The ruling and opposition parties are likely to approve the FTA today.

Hong pledges to reinvent KDB 

Hong Kyttack, chairman and CEO of the Korea Development Bank (KDB), has pledged to rei...

Farmers to defy police ban on Seoul rally 

Farmers will defy police ban on rally, accusing the government of violating their constitutional rights to protest.

Opposition hampers ratification of Korea-China FTA 

The main opposition New Politics Alliance for Democracy (NPAD) is being criticized for delaying ratification of Korea’s free trade deal with China by linking ... 

President to support stronger climate action 

President Park Geun-hye left for Paris on Sunday, to attend the United Nations Climate Change Conf... 

[Exclusive] LG Uplus aims for telecom 'game changer' 

The CEO at LG Uplus stated Sunday its mission to be a “game changer” with its organizational overh...

Four out of 10 couples have double income 

Four out of 10 couples have a double income, a report shows.

Kim Whan-ki painting fetches $2 mil. 

An oil painting by Kim Whan-ki (1913-1974) titled “On the Way Back” sold for $2 million (2.35 billion won) at auction in Hong Kong, Yonhap reported Sunday. Th... 

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

Ahn rejects his party leader’s proposal, urging for resignation

Rep. Ahn Cheol-soo of the main opposition New Politics Alliance for Democracy proposed to select a new party leader through an “innovative party convention” in January on Sunday. He practically rejected a proposal on a... 

Lee Sang-hoon sets to return to LG as pitching coach

There is a legendary pitcher who was widely known as "Eternal flame on the mound; the heart of the LG Twins" among Twins fans. Fans would also call him "wild horse" since he had long waving hair that looked like a...

KT, Kakao become the first Internet-only banks

K-Bank (tentative name)” of KT Corp. and “Kakao Bank (tentative)” of Kakao Corp. have won a license for Internet-only bank. Based on a review by external evaluation committee last weekend, the financial regulator held...

WSJ: ‘Korea overcomes preference for boys through education’

With imbalance in male and female populations serious worldwide, the world is paying attention to the secret of how Korea achieved a balance of populations between the two genders. In a report entitled “Asia

Struggles...

Pres. Park offers condolences to the deceased Kim Young-sam

President Park Geun-hye bowed three times when the coffin of the late President Kim Young-sam was borne out on Thursday. Unable to attend the funeral at the National Assembly due to high fever and cough, President Park...

The era of personal transportation mobility device comes closer

Would humans ever want to walk when they can have a platform to roll over the road? One-man means of transportation, including bicycles, skate boards, etc., are increasingly being upgraded by combining with information...

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

N. Korean Missile Test Goes Awry

North Korea failed to launch a ballistic missile from a submarine into the East Sea on Saturday, government sources here said. South Korean and U.S. intelligence agencies detected signs of the North conducting an underwater ejection test of a submarine-launched missile in waters near Sinpo. >> Full Text

N. Korean Troops Belt Out Loyalty to Kim Jong-un

The North Korean regime has distributed a song to troops warbling of absolute loyalty to leader Kim Jong-un. Lee Soo-seok of the Institute for National Security Strategy said the North Korean army has re-introduced the song which dates from the time of nation founder Kim Il-sung. >> Full Text

Deaths from Prostate, Pancreatic Cancers Rapidly Rise Over 3 Decades

The mortality rate of prostate and pancreatic cancers have risen sharply over the past three decades. A research team analyzed the death rates of 13 different types of cancers from 1983 to 2012 in Korea. >> Full Text

University Education Brings Smaller Wage Benefit

Smoking Goes Down Among Teenagers as Price Hikes Bite

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

Can upcoming meeting lead to real improvement in inter-Korean relations?

Two sides have initially shown signs of flexibility, but details of chief delegates and agenda still need to be worked out

With North and South Korea agreeing to hold talks at the vice minister level at the Kaesong Industrial Complex on Dec. 11 in order to discuss “pressing issues in the improvement of inter-Korean relations”, the next question is whether this will lead to progress in inter-Korean relations. On Nov. 26, the two sides agreed to hold vice minister-level negotiations in a working-level meeting on the northern side of Panmunjeom that lasted until midnight.

Number of S. Koreans who expect social mobility hits another low

The number of South Koreans who feel capable of achieving socioeconomic class mobility through their own efforts has fallen to just over two in ten this year, survey results show. The figures indicate that deepening income and asset inequality has left more and more people believing it is impossible to rise from low to middle or high income brackets through their own effort or ability. .

More young Koreans now members of the “Kangaroo tribe”

An increasing number of South Koreans are members of the so-called kangaroo tribe, meaning they have finished their education and are old enough to move out on their own but fail to find jobs and remain financially dependent on their parents. At the same time, 75.1% of parents who are 60 years or above told pollsters that they do not want to live with their children. .

Wider employment generation gap between those in 20s and 50s

The employment generation gap is deepening, with jobs for those in their fifties outnumbering those for twenty something, recent statistics show. The trend is being seen as the result of members of the Baby Boom generation born between 1955 and 1963 actively seeking new employment, while young people continue to struggle with a lack of available jobs .

----------------------------------------

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

Kakao, KT approved to start Internet bank

Consortiums led by Kakao Corp., the operator of the country’s No. 1 smartphone messaging platform, and KT Corp., the nation’s second-largest mobile carrier, were awarded preliminary licenses Sunday to start web-based banking services, the Financial Services Commission (FSC) said…

Ahn rejects political alliance

Rep. Ahn Cheol-soo, a member of the main opposition New Politics Alliance for Democracy (NPAD), rejected Sunday a proposal by the party’s chairman…

KCTU stands firm on plans to hold mass Dec. 5 rally

The country’s largest umbrella labor union pledged Sunday to push ahead with organizing another massive rally on Dec. 5, projecting that some hundreds…

With two Kims gone, a culture of cooperation fades away

The era of “competitive partnerships” that helped bring democracy to Korea officially ended with the death of former President Kim Young-sam...

Ssangyong back on track with new SUV

After a tough few years, industry insiders are saying Ssangyong Motor could be back on the road to its former glory - all thanks to its small-size Tivoli SUV. …

Trade volume is expected to wane after a 4-year high

Korea is expected to fail to achieve its goal this year following four consecutive years of record trade volume over $1 trillion, primarily due to falling oil prices…

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

Kakao and KT win license to operate internet-only bank

According to the Financial Services Commission (FSC) on Sunday, Kakao Bank led by South Korea’s leading IT service provider Kakao ...

Park Yoo-ki chosen as new union leader of Hyundai Motor

Hard-liner Park Yoo-ki, 51, was chosen as a new union leader of South Korea’s largest automaker Hyundai Motor Co. The carmaker ...

POSCO Energy selected as preferred bidder of power plant project in Botswana

South Korea’s leading energy producer POSCO Energy Co. Saturday announced that it was selected as a preferred bidder of the fifth ...

Aviation, next growth engine for Korea: Hanwha Corp./Machinery CEO Kim Youn-Chul

South Korea should obtain indigenous aviation technology through the Korean Fighter Experimental (KFX) program to take part in the ...

Populism, nationalism are big threats to Europe: Former Italian PM Mario Monti

Italian economist, Mario Monti was sworn in as Prime Minister of Italy in November 2011, in the wake of the eurozone debt crisis to ...

Prada brings down prices in Korea

The slump in South Korea’s consumer spending largely due to the outbreak of the Middle East respiratory syndrome (MERS) in the ...

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

The Incomprehensible Discourtesy of President Park on the Occasion of YS’s Funeral Ceremony

President Park Geun-hye did not attend the funeral ceremony for former President Kim Young-sam yesterday, which was conducted as a state funeral. Instead, she c···

Cohesion and Harmony’ to Achieve: A Challenge YS Left Behind on His Final Journey

On November 26, former President Kim Young-sam, commonly known as YS, found a final resting place. Kim led anti-dictatorship and pro-democracy struggles in h···

[Death of YS] Once Enemy Chun Doo-hwan Remains Silent when Asked about Reconciliation with YS

On November 25, the fourth day since former President Kim Young-sam's death, former President Chun Doo-hwan (84) visited the funeral parlor to pay his respects···

A Review of YS Highlights Park Geun-hye's Failure to Communicate

A review of the achievements by former President Kim Young-sam carried out at the wake of his death is pointing to President Park Geun-hye. The former presi···

Lawmakers from Five Countries Including Korea and the U.S. Start a Group for Victims of Sexual Slavery

Lawmakers from five nations, South Korea, the U.S., Canada, New Zealand, and the United Kingdom have gathered to form a group for victims of sexual slavery and ···

[Editorial] Is President Park Accusing Citizens of Being Terrorists?

The statement made by President Park Geun-hye in yesterday's cabinet meeting was shocking enough to make the listener doubt his ears. Park defined the demonstr···

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

KT and Kakao Win Internet-only Bank Licenses

The K-Bank and Kakao Bank Consortium have won the preliminary approval for establishing Internet-only banks. This is the first license given out by the government for a new bank in 23 years since Peace Bank of Korea in 1992. It is likely that Internet banks without any brick-and-mortar offices will ...

Competitive Landscape of Banking Industry to Change Fundamentally 

KT and Kakao has secured preliminary approval for Internet-only bank operations. Although this is a special case of online banking operations without any physical presence, this is the first time for a non-financial service corporation to move into the banking business. Banks that have so far used t...

Internet-only Banks Expected to Revitalize Mid-level Interest Rate Loan Market

As new banks will be established for the first time in 23 years, it remains to be seen what kind of benefits they would bring to consumers. The biggest strength of Internet-only banks is that consumers don't ever need to visit bank offices. The nation's major banks have more than 1,000 offices throu...

Hanwha Chemical Flies High on Strong Petrochemical and Solar Business

Hanwha Chemical, founded in August 1965, marked the 50th anniversary since foundation this year. Starting with the production of polyvinyl chloride, first in Korea, Hanwha Chemical has contributed to the improvement of life quality by producing basic petrochemical products such as polyethylene and c...

Seoul’s Population Ages over 40

The average age of the people living in Seoul has surpassed 40 years last year, first in history. The number of Seoul’s overall population fell for four straight years as an increasing number of its citizens moved toward Gyeonggi Province and Incheon. The Seoul metropolitan city government released...

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

North Korea may have failed SLBM launch

South Korean military suspected the test fire launching of North Korean submarine-launched ballistic missile (SLBM) which was scheduled on Saturday have failed. According to

North-South plan Vice-Minister level talks in December

North and South Korea have agreed to hold talks at the vice-minister level next month in another attempt to improve their frosty ties. The vice-minister-level talks will be held on Dec. 11 at the industrial park in the North Korean city of Kaesong…

Former university professor jailed for forcing student to eat feces

An expelled South Korean university professor was sentenced to 12 years in prison on Thursday for habitually beating his pupil and forcing him to eat human feces and drink urin…

Lotte recalls $5.8 million worth of Pepero

After repeated reports of “White Cookie Pepero”, packs of chocolate covered cookie sticks, gone bad, its manufacturer Lotte Confectionary, started recall pro…

Daegu city to provide unique VR experience

Daegu Metropolitan City, located in North Gyeongsang province, Korea is to provide Virtual Reality (VR) travel service starting next month. Daegu city an…

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

LG Group Strengthens Its Business Constitution Centered on B2B Such As Car Parts and Energy

Vice-Chairman Koo Bon Joon of LG Electronics is moving to LG Corporation to become the leader of a group that pushes for new growth businesses and lead LG Group...

Network Equipment Markets Are Worried Due to Small Facility Investments from Telecommunication Businesses

Red light¡? has turned on network equipment industries¡? performance. It seems that it will be inevitable for all of South Korean b...

Inexpensive Tablet PCs Are Becoming More Popular

Competition for Tablet PCs is shifting its direction from expensive products to inexpensive products because demands for expensive products were reduced and it is ...

Samsung Proposes to Change Standards for Measuring Resolution

LG Electronics and LG Display formed a team that is exclusively made to respond to a battle with Samsung that was created due to 4K UHD TV technology with RGBW sub...

Samsung Electronics Supplies Semiconductors for Vehicles to Audi

Samsung Electronics is joining hands with Audi and is supplying semiconductors for Audi vehicles. According To Samsung on the 24th, Samsung Electronics attended ¡&r

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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. SylvestreKouassi Bile of Cote d’ Ivoire (third and second from left, front row).

And Ambassador Roballo 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, visit:

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

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The Korea Post is at your service.

The Korea Post, 30 years old, has 5 media units. They are all at your service.

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),

(2) A Korean Internet (http://www.koreapost.co.kr/),

(3) An English Internet (/main/index.html),

(4) An English print monthly (http://koreapost.koreafree.co.kr/magazine/index.html?page=2), and 

(5) An English e-daily (/rankup_module/rankup_notice/notice_detail.html?no=327)

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Send your news releases and feedback:

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