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The Korean daily media headlines and humorJan. 15, 2016

The Korean daily media headlines and humor

Friday, Jan. 15, 2016

Your Excellency:

Here are 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.

The Korea Post New Year Feature: Interview with the Ambassadors

The following is the first installment of a series of ‘The Korea Post New Year Interview with the Ambassadors’ introducing the major work plans of each Embassy and the Country. The Korea Post has already transmitted its request to a number of selected countries. Please send your answers to edt@koreapost.com in accordance with the questionnaire below. Any additional details are also welcome.?Ed.

Ambassador Gonzalo Ortiz of Spain in Seoul

Many other important events scheduled between the two countries

King of Spain to visit Korea for the first time in 20 years: Amb. Ortiz of Spain.

His Majesty King Felipe VI of Spain is scheduled to make an official visit to Seoul this year and many important events are being prepared for this occasion. This was disclosed at a recent interview with Ambassador Gonzalo Ortiz of Spain in Seoul.

He also said that last year Korea’s imports from Spain totaled some US$2.7 billion and exports over US$3 billion and that the performances will even be better in the New Year. Then he predicted that Korea and Spain will experience a very healthy GDP growth around 3% and the imbalances of Spanish economy are already converging to EU standards. Details of the interview follow.?Ed.

Question: What are the important events scheduled between Korea and Spain this year? Any plan of visit of important delegation to Korea from Spain this year?

Answer: The visit of HM the King of Spain to Korea, the first of a Spanish Head of State in 20 years, is scheduled for 2016 and it will be our most important event. The Embassy is now working in many areas to take advantage, but the cultural, technological and economic cooperation will receive a big impulse for the future.

The Spanish Trade Commission also expects more than 10 delegations from Chambers of Commerce and Economic Associations with Spanish companies and increase cooperation in consumer and technological sectors. Our traditional country exhibitions for wine (November) and fashion (February and July) will keep ahead looking for new Korean firms looking for business with Spain.

During 2016, we also expect more than 200 companies from Spain visiting Korea for business agendas or trade fairs in many different sectors: automotive, computer games, design and furniture, engineering and construction, etc.

Q: What is the outlook of increased trade and economic cooperation between your country and Korea in the New Year?

A: I believe the year 2016 will enhance cooperation, trade and investments between Spain and Korea. In 2015, imports from Spain will reach about 2.7 bn. dollars and exports to Spain will be over 3 bn. dollars. This is already an important advance from previous years before the FTA agreement and it should get even better along this year. Both economies, Korea and Spain will experience a very healthy GDP growth around 3% and the imbalances of Spanish economy are already converging to EU standards. Spain is exporting cars to Korea as our main product followed by natural gas, pork meat, pharma, fashion, olive oil and wine. Consumer goods from Spain are making inroads in Korean market and Spanish gastronomy is already very popular in many restaurants.

Q: What is the focal point of the New Year Message of the Head of Government of your country?

A: The Spanish King Felipe VI appealed for dialogue and unity in his Christmas Eve message. In his televised speech on December 24th, the King said he hoped “the desire for understanding and a fraternal spirit, which are typical of this season, always be present among us”. He encouraged the Spaniards in a spirit of harmony and solidarity to overcome the current challenges.

Q: What are the major events scheduled in your country in the New Year?

A: In 2016, the world will pay tribute to Miguel de Cervantes on the 4th Centenary of his death. The commemoration of the author of Don Quijote is a great opportunity to visit Spain, and participate in hundreds of cultural activities and festivals of cities and villages all around our country. On top of that, San Sebasti?n in northern Spain will be European Cultural Capital. In Korea, we will increase our promotion efforts related to arts, culture and the Spanish language.

Tourism will continue to be a key element in the relationship between our two countries. In 2015, we have received more than 300,000 Korean visitors and this figure might increase again according to forecasts from the Tourism Ministry.  The direct flight from Korean Air to Madrid (since 2012) is one of the main reasons for this success, but also Spain has a lot offer to Korean tourists: history, culture, arts and religion similarities.

Q: What is the New Year Plan of your Excellency?

A: The Embassy hopes to carry on with different initiatives undertaken in the recent years. Particularly with the Political Dialogue between the two Governments, the consolidation of the newly created Spanish Chamber of Commerce in Korea, and the expansion of the bilateral cooperation in the area of science, research, technological joint ventures, and telecommunication and information industries. Another promising area is defense cooperation. 2016 will be a very demanding year for Spain, with the assumption of a new Government, and the setting of a new wave of modernization reforms.

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

S. Korea, China Nuclear Envoys Discuss Sanctions on N. Korea

Anchor: Six-party talks representatives of South Korea and China debated possible sanctions on North Korea in Beijing...

Police Investigate Emails Falsely Claiming to be Top Office

Seoul Denounces Terrorist Attacks in Jakarta

S. Korea, China Nuclear Envoys Discuss Sanctions on N. Korea

Finance Minister: Currency Swap with Japan Not Under Immediate Consideration

KOSPI Secures 1,900 Level Despite Losses from Foreign Selling

Hyundai Conducting R&D of Unmanned, Cutting-Edge Weapons

More Anti-S. Korea Leaflets Discovered in Capital Area

Gov't Reiterates Not Mulling Withdrawal of S. Korean Firms in Gaeseong or Closing Complex

Rodong Sinmun: US Bomber Driving Korean Affairs Toward Brink of War

White House Official: THAAD Has Role in Protection of US Forces in S. Korea

Yohei Kono Criticizes LDP Lawmaker for Calling Wartime Sex Slaves Prostitutes

US Experts Call for Assimilation Strategy in Event of N. Korean Collapse

Centenarians Receiving National Pension on the Rise

Authorities Issue Flu Advisory

A-bomb Victims Lose Appeal in Compensation Suit Against State

Artifacts Marked with China's Tang Dynasty Symbols Found in Hwaseong

Buddhist Sect Allows Retirees to Become Monks

S. Koreans Watch TV for 2 Hours 46 Minutes a Day

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

Court rejects Korean A-bomb victims' suit against gov't

An appeals court on Thursday ruled in favor of the government and dismissed a compensation suit filed by South Korean atomic bomb victims, who were conscripted into the Japanese military or drafted to work in Japan during its 1910-45 colonial rule.

Ex-Goldman banker fined for unauthorized note sale

A former employee of at the Seoul branch of U.S. investment bank Goldman Sachs was slapped with a fine Thursday for selling structured notes without the government's approval.

S. Korea presses China to play 'important role' in imposing sanctions against N. Korea

South Korea's chief nuclear envoy pressed China on Thursday to play a "more important role" in imposing tougher sanctions against North Korea following its latest nuclear test, saying Pyongyang should pay a "significant price" for the act.

Cash inflows into funds up 11 pct in 2015: data

Cash inflows into South Korean funds grew 11.4 percent last year as investors parked more money at safer assets such as bonds amid increased uncertainties, data showed Thursday.

Finance minister to participate in AIIB opening ceremony

4 family members killed in fire in Seoul

Friday's weather forecast

(EDITORIAL from Korea JoongAng Daily on Jan. 15)

(EDITORIAL from Korea Times on Jan. 15)

S. Korea may seek criminal charges against Volkswagen over..

Finance minister to participate in AIIB opening ceremony

Investors brace for losses from China-tied notes

(LEAD) Finance minister vows to make S. Korea No. 5 export..

Seoul shares open higher on Wall Street gains

tvN surpasses 2015 profit target with 'Three Meals a Day,'..

EXO sets Seoul Music Awards record

Sumi Jo nominated for Best Original Song in this year's Os..

University students hold hallyu festival in Europe

New tvN thriller to pick up where 'Reply 1988' left off

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

Powers mull North Korea sanctions options

As Seoul, Washington and Tokyo seek tougher punitive measures for Pyongyang’s recent nuclear test, attention is being f...

2016 growth policies to focus on domestic demand, exports

Korea’s economic ministries briefed President Park Geun-hye on Thursday on their 2016 economic...

Bank of Korea cuts growth outlook, freezes key rate

South Korea’s central bank lowered its economic growth forecast for 2016 and kept the base rat...

Koreans stress most about finances

Financial stress, such as unemployment and financial insecurity postretirement, is the biggest ...

N. Korea making progress in light-water reactor construction

No. 2 U.S. diplomat to visit S. Korea for talks on N.K. nuclear test

Court rejects Korean A-bomb victims' suit against gov't

Campaign launches to cancel Korea-Japan sex slavery deal

Ex-Goldman banker fined for unauthorized note sale

FSS probes property deals by SK Group chairman’s mistress

SK hynix to invest W6tr despite market uncertainty

Samsung starts production of next-generation chip

Korea confirms additional FMD case

Chilean architect Alejandro Aravena wins Pritzker Prize 

Bohjalian explores light and dark side of upper-middle class

The saga of the resilient beaver

Tokyo stocks plunge by break after Wall St dive

Brent below $30 a barrel as US oil stockpiles grow

Suicide bomber kills 10, wounds 15 in Istanbul tourist area

[Newsmaker] David Bowie: Chameleon of rock

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

N. Korea sanctions to target trade, finance 

A new set of proposed U.N. sanctions on North Korea will focus on blocking trade and further squeezing the nation’s finances, analysts said Thursday. 

Gov't vows to act against forex volatility 

Finance minister Yoo Il-ho said Thursday that the government will take swift and firm action again...

BOK cuts 2016 growth forecast to 3% 

The Bank of Korea (BOK) cut its growth forecast for this year from 3.2 percent to 3 percent, citing slowing exports and growing external uncertainties. 

Court grants divorce to Samsung heiress 

A court allowed Lee Boo-jin, the eldest daughter of Samsung Group’s owner family, to divorce her h... 

Preteen skater You may make national team yet 

The Korea Skating Union (KSU) will decide on Tuesday whether to allow promising figure skater You ...

Drone could be sign of NK attack 

North Korea appears to be figuring out the locations of South Korea’s propaganda loudspeakers by flying drones over the area, analysts said Thursday.

Separate fund planned for ex-sex slaves 

More than 300 civic groups have announced that they will launch their own foundation with citizens' contributions to care for the sex slavery survivors and co...

Abe expresses regret over hate speech 

Japanese Prime Minister Shinzo Abe expressed regret over anti-Korean rallies in Japan at a meeting with visiting Korean lawmakers on Wednesday. 

Speed alpinist Ueli Steck 'addicted' to mountains 

While moviegoers here who watched the recent alpine movie, “The Himalayas,” enjoyed the scenes sho... 

Korea off to good start with win over Uzbek 

South Korea got off to a flying start at the Asian U23 championships in the early hours of Thursda...

Seoul blasts Japanese lawmaker for comfort women comments 

The government Thursday condemned Japanese lawmaker Sakurada Yoshitaka for his derogatory remarks about comfort women. 

Man dropped rocks on cars, police say 

Police are seeking an arrest warrant for a man who allegedly threw rocks at parked cars in Gwangju... 

North Korean continues to cheer nuclear scientists, officials 

As neighboring nations engage to draw out the“strongest sanctions” against it, North Korea continu...

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

Suicide bombings kill 7 in Jakarta

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Pyongyang sends additional leaflets; Seoul to counter with video screening

North Korea sprayed en masse propaganda leaflets to South Korea again on Thursday after sending fliers to the South by balloons in a surprise move on Tuesday night. According to the South Korean police and military,...

Liam Neeson pays respects to MacArthur statue in Incheon

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Team Korea confirm?s advance to final qualifying round of 2018 World Cup

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Ttukseom to house a five-star hotel

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Samsung C&T’s Juun. J debuts at menswear trade fair Pitti Uomo

The audience rose for a round of standing ovation as male models walked onto the catwalk in mustangs with the patterns of dinosaurs and robots. On Wednesday, "Juun.J," the male fashion brand that Samsung C&T is...

Speeds of fastballs seen as key to Ryu Hyun-jin’s successful comeback 

Toegye`s descendant publishes book about Toegye`s philosophy 

Obama`s warning against allies` enemies without mentioning NK nuclear test 

LG Electronics to invest $438 million on new solar capacity 

Pres. Park issues national statement urging to overcome crisis 

S.K., U.S. to conduct ‘4D Operation’ drill to destroy N.K. nukes in March 

LG`s `smart` air conditioner removes 99% of ultrafine dust 

Retirees spend an average of 4 hrs per day with their spouse

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

20% of Jeju Property Bought by Seoul Residents

Some 166.8 million sq.m of land was bought and sold on Jeju Island last year, according to officials there, a whopping 32.4 percent leap from 2014. Some 20 percent of the real estate was purchased by buyers from Seoul.

Online Purchases from Overseas Decline

Koreans' online purchases from overseas retailers fell for the first time ever last year, mainly because of the weakening won. Another factor behind the decline is an increase in domestic consumption following the government's pump-priming measures

Mobile World Congress Faces Indifferent Markets

The Mobile World Congress in Barcelona this year comes at a time of flagging sales or dwindling profits for almost all smartphone makers as the market becomes increasingly saturated. The MWC will open on Feb. 21.

N.Korean Drone Flies Across DMZ

N.Korea Disinvited from World Economic Forum

Soldiers Postpone Discharge After N.Korean Nuke Test

Youth Unemployment Highest Since 2000

Renault Samsung Launches New Sedan

Retailers Recover from Slow Sales as Mercury Drops

Cold Weather Brings Hope for Winter Games

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

Park says government will review possibility of deploying THAAD in South Korea

The missile defense system would likely face objection from both the political opposition and China

Park hints at broadening psychological warfare tactics in New Year’s address

President Park Geun-hye hinted on Jan. 13 at plans to step up South Korea’s psychological warfare tactics against North Korea in response to the latter’s fourth nuclear test last week.In addition to emphasizing the effectiveness of recent loudspeaker broadcasts to North Korea, Park also suggested Seoul might pursue “additional measures” such as staff reductions or withdrawals from the Kaesong Industrial Complex.

President Park calls for “greatest partner” China’s active role in dealing with NK

President Park Geun-hye stressed an active role for China in responding to North Korea’s recent nuclear test during her address to the nation on Jan. 13.“I trust that China will play the necessary role as a permanent member of the [United Nations] Security Council (UNSC),” Park said in the address..

Obama makes no mention of North Korea in State of the Union address

US President Barack Obama’s State of the Union address on Jan. 12 avoided any mention of North Korea, which recently conducted its fourth nuclear test.While it is normal for such addresses in the final year of a presidency to focus more on past achievements, observers took the omission as a clear sign of Washington’s lack of interest in the North Korea issue..

Kim Jong-un threatens “retaliatory nuclear strike” if sanctions imposed on NK

North Korean leader Kim Jong-un spoke of launching a “retaliatory nuclear strike” if South Korea and the international community impose sanctions in response to the North’s fourth nuclear test. These are the first official comments that Kim has made in the week following the nuclear test..

Foreign activists for women’s rights express support for Korean comfort women

I want to say that the comfort women’s struggle is very important to us, too. We hope that they’ll keep up the fight, and we’ll always support them,” said Anna Christi Suwardi, a female activist.Suwardi, 29, had just been looking at a screen in an exhibition room explaining the history of the comfort women

Jogye Order of Buddhism to raise maximum age for ordination

As early as next year, the Jogye Order of Buddhism will be making it possible for older people to join the monastic life. Currently, the maximum age for ordination is 50 years old.“We’re going to set up a special post-retirement monastic ordination system so that people who dream of living a life of religious

An employment caste system? Economic background affects job-seekers’ prospects

Young people’s confidence in their job-finding prospects differs according to their parent’s economic status, recent survey findings show.With intense competition leading to enormous job-searching times and costs, the results appear to show that the ability of parents to support their children is gaining in importance..

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

Central bank lowers growth forecast for 2016

The central bank gave in to the growing insecurities caused by volatility in the Chinese market and plunging crude oil prices by shaving 0.2 percentage point off this year’s economic growth outlook. But the readjusted outlook remains at 3 percent, and some are asking whether the government and central bank are still being too optimistic...

Korea’s hospitals are running short of blood

On Jan. 5, a man involved in a car accident was transported to the emergency room of a general hospital in North Gyeongsang…

Gov’t splits focus on economy to include exports

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New finance chief defends economic target, vows reforms

Yoo Il-ho, the new deputy prime minister for economy, said he will focus on carrying out structural reform and defended his growth projection of 3.1 percent …

Shopping on foreign sites sees first dip year on year

For the first time in a decade, cross-border e-commerce transactions in Korea saw a decrease in 2015, as a strong dollar and local sales events…

North Korea remains U.S. priority

Despite excluding any mention of North Korea in his last State of the Union address, U.S. President Barack Obama still prioritizes the issue of Pyongyang’s nuclear ambitions…

Economic democracy’ veteran joins opposition

The architect behind President Park Geun-hye’s 2012 election pledge for “economic democracy” joined forces with the main opposition Minjoo Party on Thursday…

Ahn’s liberal party calls for delaying election

The newly established liberal party founded by independent lawmaker Ahn Cheol-soo has proposed that the April general election be postponed…

With oil prices low, Koreans eye bigger cars

International oil prices have been plunging since last year, and Koreans are responding by using more gas and buying cars with larger engines…

SK Hynix earmarks 6 trillion won

SK Hynix is setting aside a massive 6 trillion won ($4.9 billion) for investment this year, laying the groundwork for future growth amid challenges ranging…

Sickened Samsung workers receive apology

Samsung Electronics’ Vice Chairman Kwon Oh-hyun met with the relatives of workers who died of diseases allegedly caused by toxic chemicals…

Publicis considering stake in Cheil

Cheil Worldwide, Samsung Group’s advertising agency, surged the most in more than two months during the day on the prospect of Publicis Groupe…

Seoul bourse remains above 1,900 level

Korean shares had a weak start on Thursday, affected by sluggish indices in the United States the previous day…

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

[Presidential Statement] 'China Should Step Up' to Resolve NK Nuclear Issue, 'The People Should Step Up' to Revive the Economy

On January 13, President Park Geun-hye addressed the nation and held a press conference, publicly requesting China to step up to resolve conflicts triggered by ···

Elderly Comfort Women Victims Attend Wednesday Rally, 'Even If They Gave Me 100 Bn Won, I Wouldn't Accept It'

"They agreed all by themselves, and now they come to charm us." On January 13, elderly comfort women victims said, "We absolutely oppose," and called to ···

Lost Favor with the U.S., Ignored by China, Stabbed in the Back by Japan: Incompetent Diplomacy in a Corner

South Korea, once accused of leaning towards China when President Park Geun-hye attended China's Victory Day celebration, has been pressuring China since North···

Foreigners Dominate TV Shows

Moorim School, a KBS drama about teenagers, which premiered on January 11, had drawn attention from the day they announced the production of the show for the ap···

Sudden Change in North Korean Military's Communications Signal System: North Korean Intelligence in the Dark for Over a Month

Last month, North Korea changed the communication signal throughout its military, and it was confirmed that for a considerable time, the South Korean intelligen···

Have You Heard about the One Road that Only Accepts Cash in Korea?

Macquarie Korea Infrastructure Fund, which manages the Second Beltway of the city of Gwangju, refused to install the Hi-pass system (an electronic toll collecti···

120 Minutes of an 'Arms Air Show'

On January 10, four days after the North Korean nuclear test, the U.S. B-52 long-range strategic bomber capable of carrying nuclear missiles flew over the Korea···

Party of the People” Promoters’ Conference: Ahn Cheol-soo, New Politics Season 2

Independent lawmaker Ahn Cheol-soo (54) launched the Party Establishment Preparatory Committee of his "Party of the People (Gukminuidang)" on January 10. ···

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

SK Hynix to Make Investment of More Than 6 Tril. Won

SK Hynix will make investment of more than 6 trillion won this year following a similar amount last year. The company said on January 14 that it would hold an executive workshop on the 16th in which major management issues for the New Year will be discussed including investment plans.This year, the

Bank of Korea Keeps Interest Rate Unchanged in January Meeting

The Monetary Policy Committee of the Bank of Korea decided to keep the benchmark interest rate unchanged in the first monthly meeting of the year. The committee held a regularly scheduled meeting on January 14 at its main building in downtown Seoul and announced that it would leave the rate at the c...

Steel Industry in Gloom due to Low Iron Ore Price

The steel industry is in an emergency mode due to the continuously falling iron ore prices. The per-ton price for iron ore declined below the US$40 level recently after dropping 40 percent last year. According to steel industry sources on January 14, international iron ore prices were about $50 a to...

[Market Insight] Sambu Construction to Sell Its PHC Unit

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[Market Insight] Kumho Tire Finally to Be Sold in the Market

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

S.Korean Military wards off UAV near military demarcation line

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Youth unemployment rate hits record high

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President Park calls for China’s help to punish North Korea’s nuclear test

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North Korean leader calls for the "detonation of more powerful H-bomb in the future."

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Rest areas on highways reduce death toll by 55% percent

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President Park to make public statement about North Korea

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Well-dying’ bill passed in National Assembly

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South Korea to limit workforce at Kaesong factory park in response to North’s nuclear test

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U.S flies B-52 over South Korea, mulls deploying more strategic assets

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

Contract between Apple and Samsung Display Regarding Flexible OLED Is Practically Finished

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LG Electronics Reorganizes HE Headquarters

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100 Million SSD Were Shipped for the First Time in 2015

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South Korean Drones Face Against Chinese Drones

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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 MmeNatalliaZhylevich 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).

“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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