Jan. 20, 2016
The Korean daily media headlines and humor
Wednesday, Jan. 20, 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.
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Special notice, restricted distribution:
After 17 years of marriage
Love story of Samsung heiress, employee ends in divorce
President Ms. Lee Boo-jin (age 45) of Hotel Shilla in Seoul (the first daughter of Chairman Lee Kun-hee of Korea’s largest Samsung Group) won a divorce from her husband Im Woo-jae (48-year-old advisor at the Samsung Electro-Mechanics) at the Seongnam Branch Office of the Suwon District Court on Jan. 14, 2016.
According to a report by a leading Korean-language daily, Chosun Ilbo, on Jan. 15, 2016, Judge Joo Jin-ho of the Court ordered Ms. Lee and Im to be divorced and also that Ms. Lee have the custody of their 9-year-old son. For Im, the court granted him to see his son once a month (reduced from twice a month reported by the Korean media earlier). .
President Lee’s lawyer was satisfied with the court ruling. However, Advisor Im’s legal representative was not happy with the decision. He stated, “The decision is unacceptable because the couple were maintaining a normal married life. We will appeal to the higher court.” The question of property rights was not handled at the trial.
As for the alimony, Chosun Ilbo reported on Jan. 15, 2016 that Im might get some 10% of the total amount of Ms. Lee’s personal properties which were estimated by Korean and international media (including the US Forbes magazine) at 1 trillion 600 billion Korean Won (approx. US$1.5 billion) as of October 2014.
Ms. Lee Boo-jin (left, now chairperson of Hotel Shilla and a number of other business interests of
Samsung Group) with Groom Im Woo-Jae at their wedding ceremony at Hotel Shilla on
Aug. 11, 1999. However, they have recently broken up. Why? See the 2,500-word full
Story of The Korea Post. Send your private email address to edt@koreapost.com.
Note: For the confidential transmission of a 2,500-word full story and rare photos of Chairperson Lee Boo-jin of Hotel Shilla and husband Im Woo-jae, please send Your Excellency’s private email to: Edt@koreapost.com to the attention of Publisher-Chairman Lee Kyung-sik of The Korea Post.
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Humor from former Ambassadors in Korea:
The following humor was contributed by a kind-hearted and generous-minded former ambassador to Korea from a Central Asian country:
Peter goes into a pharmacy and says to the pharmacist
"Hello, could you give me condom? I'm going to my girlfriend's place for dinner and I think I may be in with a chance!"
The pharmacist gives him the condom and as peter was going out he returns and says, "Give me another condom because my girlfriend's sister is very cute too. She always crosses her legs in a provocative manner when she sees me and I think I might strike a luck there too." The pharmacist gives him a second condom and as Peter was leaving again he turns back and says "Give me one more condom because my girlfriend's mum is still pretty cute and when she sees me she always makes eye contact and since she invited me for dinner I think she is expecting me to make a move. During dinner, peter sat with his girlfriend on d left, the sister on his right and the mum facing him. When the Dad walks in, Peter lowers his head and starts the dinner prayer. "Dear Lord, bless this dinner and thank you for all u've given us".
10 minutes after, peter was still praying "Thank you Lord for your kindness. ...."
Ten minutes go by, and peter is still praying, keeping his head down, very close to d table. They all looked at each other surprised, and his girlfriend was even more surprised than others. She gets close to him and whispered, "I didn't know u r so religious." Peter with his head still on d table replies, "I never knew your dad was a pharmacist!"
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KBS (http://world.kbs.co.kr/english/news/)
Umbrella Labor Group Scraps Grand Compromise
The Federation of Korean Trade Unions (FKTU) has declared the grand labor compromise, reached by labor, management and...
S. Korea, Russia Agree on Need for Clear, Specific UNSC Response to N. Korea
Ahn Critical of Main Opposition's Campaign Chief Appointment
Park Orders Fundamental Measures to Prevent Child Abuse
IMF Cuts Growth Forecasts, Citing Emerging Markets
Venture Investments Hit Record High in 2015
Power Demand Posts All-Time High
N. Korea Reportedly to Bid Again for Weightlifting Event
More Anti-S. Korea Leaflets Discovered in Capital Area
Gov't Reiterates Not Mulling Withdrawal of S. Korean Firms in Gaeseong or Closing Complex
North Korea May Have Tested Nuclear Fission Weapon
Head of Parliamentarians' Union: S. Korea, Japan Both Saw 60% Victory with Sex Slavery Accord
Survey: 60% of Japanese Approve Seoul-Tokyo Sex Slavery Settlement
Gov't to Implement Nationwide Integrated Registration System for Bicycles
Umbrella Labor Group Scraps Grand Compromise
Police: Bomb Threat Call Was Made Through China Telecom
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Yonhap (http://english.yonhapnews.co.kr)
Ex-U.S. official calls for massive sanctions to cripple N.K. economy
WASHINGTON, Jan. 19 (Yonhap) -- Sanctions on North Korea should target not only the regime's illicit activities but also the country's overall economy to curb its economic growth and completely cut the country off from the global banking system, a former U.S. sanctions official said Tuesday.
S. Korea draw Iraq, top group in Olympic football qualifying tournament
DOHA, Jan 19 (Yonhap) -- South Korea drew Iraq 1-1 but still topped their group in the Olympic men's football qualifying tournament here on Tuesday.
Ministry says no illicit act by foreign envoys over law firm rules
SEOUL, Jan. 19 (Yonhap) -- South Korea's Foreign Ministry defended foreign envoys here Tuesday from criticism that they are illegitimately seeking to pressure the country's parliament over a bill on law firms.
Cold wave pushes up power demand to record high
SEJONG, Jan. 19 (Yonhap) -- South Korea's power demand soared to an all-time high on Tuesday as the country was hit by a severe cold wave, the government said Tuesday.
(LEAD) Gov't calls for parliamentary endorsement of anti-t..
Top court upholds acquittal of former student activist
Defense minister, top U.S. diplomat discuss joint reaction..
S. Korea, Russia agree to work together for U.N. resolutio..
Gov't calls for parliamentary endorsement of anti-terroris..
More than half of S. Koreans buy lottery tickets: poll
Seoul shares down 1.21 pct in late morning trade
The Korea Interbank Offered Rates (KORIBOR)
Cold wave sweeps most parts of Korea for three consecutive..
(LEAD) Japan relegated to 5th-largest export market for S...
S. Korea aims to attract 8 million Chinese tourists this y..
Psy's 'Gangnam Style' hits 2.5 bln views on YouTube
BigBang's 'Bang Bang Bang' tops 100 mln views on YouTube
(LEAD) S. Korea draw Iraq, top group in Olympic football q..
S. Korea draw Iraq, top group in Olympic football qualifyi..
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The Korea Herald (http://www.koreaherald.com )
Park advocates petition campaign on labor bills
Stepping up the pressure upon the National Assembly to pass the pending labor reform bills, President Park Geun-hye repe...
Ministry files suit against VW Korea
South Korea’s Environment Ministry filed a criminal suit with the prosecution Tuesday against ...
Global anxiety rises as China growth falls
China's economic growth slowed to a six-year low in the latest quarter as trade and consumer sp...
[Hallyu Power] Psy’s power goes beyond ‘Gangnam Style’
This is the first article in a series that explores the driving forces behind hallyu and the gl...
Gov't calls for parliamentary endorsement of anti-terrorism bills
Pyongyang's 'technical capability' has not increased after nuclear test
Pyongyang could have tested 'boosted fission bomb' or simply ordinary nuclear weapon
Ministry says no illicit act by foreign envoys over law firm rules
Korea issues record amount of W50,000 bills in 2015
Seoul shares open bearish on blue chip losses
Duty-free licenses up for grabs at two airports
POSCO forecast to post net loss in 2015
Korean dried seaweed looks beyond dining table to snack market
[Hallyu Power] Psy’s power goes beyond ‘Gangnam Style’
Lotte to open classical concert hall in August
Ethnic Korean Janice Y. K. Lee publishes second novel 'The Expatriates'
Artday to hold January auction
[Hallyu Power] Psy is a power beyond ‘Gangnam Style’
Lotte to open classical concert hall
[News Focus] Hallyu seeks opportunities in Iran after sanctions relief
Ex-U.S. official calls for massive sanctions to cripple North Korea economy
Renault recalls vehicles over failed emissions test
Obama, Australia PM Turnbull to meet Tuesday at White House
Global anxiety rises as China growth falls
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The Korea Times ( http://www.koreatimes.co.kr )
South Korea draw Iraq, top group in Olympic football qualifying tournament
South Korea drew Iraq 1-1 but still topped their group in the Olympic men's football qualifying to...
Foreign law firms urge parliament to amend bill to open legal market wider
Foreign law firms said Tuesday that the National Assembly needs to amend a bill regarding the scope of services they can offer in order to help further open t...
Korea Times, HUFS to hold essay contest
The Korea Times and Hankuk University of Foreign Studies (HUFS) will hold an annual English essay ...
Mirae Asset blocked in KDB Daewoo acquisition
Mirae Asset Securities is facing an obstacle in its plan to acquire KDB Daewoo Securities, as KDB Daewoo’s small shareholders and labor union are uniting.
JYP Entertainment to overhaul hallyu strategy
JYP Entertainment said Tuesday that it will overhaul its export strategy for hallyu (Korean wave) ...
US deploys another nuclear carrier
The United States Navy has deployed another nuclear-powered aircraft carrier to East Asia in an ap...
N. Korea's industrial output a tenth of South's
North Korea’s overall technological level remains at that of South Korea in the early 1980s, the Korea Development Bank (KDB) said. The output by the North’s ...
'Hyundai-Kia has biggest growth potential in N. American market'
Hyundai Motor and Kia Motors have the greatest growth potential in the North American market over the next several years, a multinational consulting agency sa...
Uber launches deluxe cab service
Uber is introducing a deluxe cab service, following “Kakao Taxi Black's” launch in October.
Inter-Korean industrial park feels strain of renewed tension
In the aftermath of North Korea’s fourth nuclear test, the difficulties felt by businesses in the inter-Korean industrial complex in Gaeseong are aggravating ...
'Korea must hurry reforms not to follow Japan's lost decades'
For Korea not to follow Japan’s “two lost decades,” the nation must hasten reform of its labor and financial markets, Kim Seong-tae, a fellow at the Korea Dev...
Singles wedded to prenup pacts
One out of two singles in their 20s and 30s believes prenuptial agreements are necessary, a survey shows.
Asian food market emerges as new 'blue ocean'
The global food market, estimated to be about $5.34 trillion, is changing rapidly as Asian nations, led by China and Islamic countries, have become the bigges...
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DongAIlbo (http://english.donga.com )
Without strong sanctions, N. Korea will conduct more nuke tests, says Pres. Park
President Park Geun-hye on Tuesday called for strong international sanctions on North Korea, mentioning the possibility of Pyongyang`s additional nuclear test. The remarks are interpreted as her call on the...
2,036-seat Lotte Concert Hall to open in southeastern Seoul
The Lotte Concert Hall will open on Aug. 18. It will be located on the eighth to tenth floors of the Lotte World Mall in Jamsil, southeastern Seoul. It is the exclusive first concert hall for classical music in Seoul in...
Japan’s extremist group attempts a petition drive on comfort women in US
An online petition has appeared in California, which decided to add Japan’s wartime sex slavery to the instruction materials of its history textbooks as a “serious human rights violation.” The petition drive claims that...
Kim Yong Chol reportedly named as N.K.’s United Front Department chief
Kim Yong Chol, a hardliner and chief of North Korea’s general reconnaissance bureau who has masterminded attacks on the South, has reportedly succeeded the late Kim Yang Gon, a dovish politician, to assume Director of...
Gov`t to create `Silicon Valley of Korea` in Pangyo and Sangam
The government has made a scheme to nurture Pangyo and Sangam areas as “Asia’s Silicon Valley” by creating hubs for start-ups and cultural contents. The project will require 80 trillion won (60.6 billion U.S. dollars)...
LG Display reclaims global No. 1 ranking in TV panels
Dominance is shifting in the global display market as Chinese companies are fast emerging to challenge Korea`s giants. Korean companies` fates were also mixed in the Chinese market. According to Taiwanese market...
N. Korea`s nuke test seen as strategy to exploit gap between U.S., China
Yoon Seong-bin ranks 2nd in 2 consecutive skeleton World Cup competitions
Protestant, Anglican, Orthodox, Coptic churches seek to unify Easter Day
Korean orange whiskered bats inhabit in Mt. Wolak and Odae
International sanctions against Iran have been lifted
Increasing number of seniors receive national pension
Hefty penalty fees for air ticket cancellations to be abolished
N. Korea`s No. 2 man seen reinstated for possible dealing with China
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ChosunIlbo (http://english.chosun.com )
Regional U.S. Fleet Beefs Up Arsenal
The U.S. has deployed a state-of-the-art guided-missile destroyer and nuclear-powered attack submarine to the 7th Fleet based in Yokosuka, Japan. The 7th Fleet is part of the Pacific Fleet and currently the largest naval grouping the U.S. deploys overseas
N.Korean Hardliner to Helm Office Dealing with S.Korea
The elderly North Korean hardliner behind the sinking of a South Korean Navy corvette has apparently been appointed to lead the Workers Party office dealing with cross-border affairs. Kim Yong-chol replaces Kim Yang-gon, who died in a car accident
Pensions Fall Far Short of Basic Needs
As Koreans live longer, more people are signing up for private pension plans, but payouts fall far short of what is needed to cover basic necessities. According to Samsung Life Insurance on Monday, 227,000 people received monthly private pensions last year, which averaged a mere W350,000
N.Korea Drops 1 Million Propaganda Flyers
Only Half of Judicial Graduates Find Jobs Straight Out of School
Consumers Warm to Cheaper Smartphones
Latest Cyber Attack Traced to N.Korea
Cold Spell Raises Health Risks for Frail, Elderly
Unruly Air Passengers Face Tougher Penalties
Teen Figure Skater Signs with Kim Yu-na's Agency
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HankyorehShinmoon (http://english.hani.co.kr )
Young people increasingly at risk of poverty
OECD identifies the problem as a threat to member countries, but a poor social safety net and stagnant job market make it especially acute in South Korea
US ambassador’s protests over pending change to Foreign Legal Consultant Act stir debate
The US ambassador to South Korea visited the head of the National Assembly Legislation and Judiciary Committee on Jan. 18 to argue for revisions to a pending amendment to the Foreign Legal Consultant Act.Ambassador Mark Lippert was also among several foreign diplomatic officials in South Korea who visited committee chair Lee Sang-min on Jan. 7 after the amendment passed the committee’s legislative subcommittee earlier that day..
Abe hints at no settlement payment unless comfort woman statue is removed
Will the Japanese government pay the 1 billion yen (US$8.30 million) it promised in an agreement it reached with the South Korean government on Dec. 28 about the comfort women issue even if the statue of a young girl symbolizing the comfort women is not removed from its current location in front of the Japanese embassy?“It’s important for both sides to trust each other and to make good on what they have promised to do for each other,”.
[interview] Former FTC head Kang Cheol-gyu: “South Korean society is losing its way”
“If you look at the history of humanity, free social mobility, checks and balances, and trust and the rule of law have led social development. But over the past three years, the Park administration has ignored the lessons of history and gone in the opposite direction of social development,” said Kang Cheol-gyu, 71, former chair of the Fair Trade Commission under President Roh Moo-hyun..
[Interview] Baatar Enkh prepares to return to Mongolia as its first Catholic priest
“I’d like this to be a just world of humane love, one where we transcend things like religion, nationality, ideology, and philosophy so that everyone can be happy.”These were the remarks by Mongolia’s first Catholic priest, Baatar Enkh, as he prepared to return to Ulaanbaatar on Jan. 18 after graduating from Daejeon Catholic University..
Academic paper details cost of President Lee Myung-bak’s cronyism
A recently submitted academic paper argues that former president Lee Myung-bak’s connection with Korea University and Hyundai Engineering and Construction influenced the area of public procurement during Lee’s presidency, resulting in between 0.21% to 0.32% of damage to the yearly gross domestic product (GDP).In a doctoral dissertation called “Political Connections and Allocative Distortions” recently submitted to the London Business School, David Schoenherr concluded that companies connected with Lee,.
In bid to pressure China, US to send top two diplomats to Beijing within a week
On Jan. 27, US Secretary of State John Kerry will be visiting China. With the UN Security Council expected to pass a resolution imposing sanctions on North Korea at the end of this month or the beginning of the next, the US appears to be concentrating its energy on a dual strategy of pressuring and persuading China on the sanctions, which cannot be effectively implemented without China’s cooperation.On Jan. 15, the US State Department officially announced Kerry’s plans to visit China.
NK gives first official response to SK’s resumption of propaganda broadcasts
North Korea attacked South Korea’s recently resumed loudspeaker propaganda broadcasts on Jan. 15 as a “totally irrelevant provocation” that has “nothing to do with” the former’s recent nuclear test.The comments in a statement by a spokesperson for the North Korean Ministry of Foreign Affairs mark the first response from an official government agency since the broadcasts were resumed on Jan. 8..
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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/ )
Three-way labor pact crumbles
The grand compromise among the government, labor and employers on reforms of the labor market has fallen apart as labor decided to break the agreement, accusing the government of trying to pull a fast one on two sensitive issues. The Federation of Korean Trade Unions (FKTU) said Tuesday it was walking away…
Moon vows to quit and entreats liberals to unite
Proposing an electoral alliance with his rival liberal politicians, the leader of the largest opposition party, Moon Jae-in, said Tuesday he will step down…
Cheap oil pulls down the producer price index
Korea’s producer price index in 2015 plunged 4 percent from a year earlier, posting the largest fall since the data was first collected in 1990…
Chinese policy makers face tough year ahead
China’s economy slowed in December, capping the weakest quarter of growth since the 2009 global recession, as the Communist leadership struggles …
Abe denies forcing of sex slaves again
Prime Minister Shinzo Abe repeated remarks that denied the Japanese government forced Korean women into wartime sexual slavery despite the two countries…
Cold spell is set to last into Monday
The Korea Meteorological Administration forecast Tuesday that the nationwide cold spell will persist until Monday, culminating on Sunday…
EU envoy praises FTA but expresses worries over legal act
The new European Union Ambassador Gerhard Sabathil lauded the bilateral free trade agreement (FTA) that entered into full force on Dec. 13,…
Impasse spurs Saenuri to revise Assembly law
The ruling party has taken an unconventional step to revise the law governing the operation of the National Assembly …
130.6 billion won saved from phishing
The government prevented a total 130.6 billion won ($107.8 million) from being transferred to scammers last year as part of stepped up efforts to crack down…
Kospi ends its four-day losing streak
Seoul’s main bourse ended its four-day losing streak on Tuesday despite gloomy economic data released by China earlier in the day…
Revolving door in duty-free is challenged
Ever since Lotte Duty Free was stripped of a license to run a duty-free shop at Lotte World Mall in Jamsil, southern Seoul, last November…
Environment Ministry hits VW’s CEO with charges
The Ministry of Environment filed criminal charges against Volkswagen Korea CEO Johannes Thammer for not obeying the ministry’s demand …
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The Kyunghyang Shinmoon(http://english.khan.co.kr/ )
"Tzuyu Incident" Causing Ripples: Pop Industry with Eyes Overseas "Still Much to Learn"
The South Korean pop culture industry observing the so-called "Tzuyu incident" seems quite baffled. There had been several incidents where domestic companies ???
Norwegian State Fund with Assets of 1 Qn Won Will Not Invest in Five Korean Companies: Why?
Government Pension Fund Global (GPFG, Norway-owned investment fund), the world's largest sovereign wealth fund with assets of 1 quadrillion won is not investing in five South Korean companies includi???
[Editorial] A Mentor of Our Times: The Death of Shin Young-bok and the Value of Solidarity
A twenty-seven year old man was put in prison. After twenty years and twenty days, he was released into the world. By then he was a middle-aged man soon to turn???
Child Protection Policy, Just Loud Slogans: Malfunctioned When Rescue Was Needed
The case of A (7), who was discovered four years after his body was damaged and frozen in Bucheon-si, Gyeonggi Province showed a hole in the child abuse protect???
[2016 Report of Economy Ministries] 'Uncertain Stock Market & Slow Economy' Questions of the Effectiveness of Export Strategy Dependent on China
During the joint report by economy-related ministries on January 14, the government proposed to stimulate our economy by balancing domestic demand and exports, ???
[After NK's 4th Nuclear Test - Korean Peninsula in Rough Waters] 'To Woo and To Press' Mixed Message to China Likely to End in Disappointment
In her address to the people, President Park Geun-hye strongly requested China to pressure North Korea. She called China a "partner," and stressed how close t???
[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 ???
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The Korea Economic Daily ( http://english.hankyung.com/ )
Gap between Youth and Total Unemployment Rates Widened Further in 2015 to 5.6%
Due to the continuously rising youth unemployment rate, the gap between the total jobless rate and that for the youth has widened to a record level since 2000. Given the labor market rigidity and the current low-growth trend, major employers will likely hire a fewer number of college graduates and t....
[Market Insight] UP Chemical Looks for New Owner after BASF Deal Falls through
BASF, the world's largest fine chemical maker, has given up its bid to acquire UP Chemical Co., Korea's supplier of precursors for the semiconductor production. Instead, a domestic firm is trying to take over UP Chemical. According to investment banking sources on January 19, BASF recently delivered...
Foreign Tourists to Korea Falls 6.8% in 2015, First in 12 Years
In a race to let in more foreign tourists, Korea was overtaken by Japan for the first time in seven years since 2008. According to the Korea Tourism Organization in January 19, the total number of foreign visitors to Korea last year was 13,231,651, down 6.8 percent (960,000) from the previous year. ...
CJ to Invest 1 Tril. Won to Build "K Culture Valley"
CJ E&M consortium plans to invest 1 trillion won to build a Korean Wave-themed multi-complex "K Culture Valley," consisting of multi-performance halls, a theme park, and a hotel, within the Hallyu World in Goyang in the northwest of Seoul. The construction will begin next month for completion by the...
Will Galaxy S7 Bring Rebound for Samsung Electronics Stock?
The share price of Samsung Electronics, which boasts the largest market capitalization in the Korean stock market, is getting weaker. So far this year, its share price has dropped by 10.63 percent. The pace of decline accelerated after Samsung’s fourth-quarter financial results (operating profit of...
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AJU Business Daily( http://eng.ajunews.com/korea )
Uber comes back in South Korea with premium Black service
[Aju News DB ] After a change of tack aimed at jumping regulatory hurdles, US cab-hailing app operator Uber said Tuesday it was restarting its flagship luxury sedan service Uber Black in Seoul,…
Low oil price leads more S.Koreans to travel abroad, and buy larger cars
[Photo by Namkung Jin-woong=timeid@ajunews.com] Oil price had reached its lowest point in South Korea and it is affecting the everyday life of Koreans. Travelers who go abroad are the most be…
Tougher punishment on disruptive air passengers
[Aju News DB] South Korea will impose tougher punishments on disruptive air passengers under a revised aviation law prompted by the infamous "nut rage" case involving the daughter of Kore…
Korea border strewn with propaganda leaflets
North Korean TV announcer speaks on hydrogen bomb test[courtesy of Xinhua News] The tensely guarded inter-Korean border has been strewn with leaflets from both sides along with the ear-spli…
China voices willingness to join UN debate on sanctions against North Korea
China on Friday expressed its willingness to join a United Nations debate on punishing North Korea over its latest nuclear test which has raised cross-border tension on the Korean peninsula, officials said. China took a resolute stance against Nor…
North Korea's new nuclear reactor sparks fresh concern
[Courtesy of Xinhua News] Recent satellite imagery shows North Korea's experimental light water reactor is "edging closer" to becoming operational, fuelling concerns it could be used to pro…
S.Korean Military wards off UAV near military demarcation line
UAV operated by U.S. military [Courtesy of General Atomics] An unmanned aerial vehicle (UAV) suspected of North Korean origin was detected at the military demarcation line between South Kore…
Youth unemployment rate hits record high
Students are looking for job listings at a job bulletin board located at Kunkook University [Photo by Namkung Jin-woong=timeid@ajunews.com] South Korea’s youth jobless rate (ages from 15 to…
President Park calls for China’s help to punish North Korea’s nuclear test
[Courtesy of Bluehouse] South Korean President Park Geun-hye on Wednesday pressed China to play a key role in imposing strong international sanctions on North Korea for what Pyongyang said wa…
North Korean leader calls for the "detonation of more powerful H-bomb in the future."
[Courtesy of Xinhua News] North Korean leader Kim Jung Un called for the "detonation of more powerful H-bomb in the future,’ days after Pyongyang claimed it had successfully tested hydrogen b…
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ETNEWS( http://english.etnews.com/ )
Samsung Electronics to Mass-Produce Ultra-Fast Speed HBM2 D-RAM
Samsung Electronics made an announcement on the 19th that it is going to mass-produce HBM2 (High Bandwidth Memory 2) which is 7 times faster than D-RAM that has the fastest speed currently. HBM D-RAM, which uses TSV (Through Silicon Via) technology, is a product that has faster processing speed compared to wire package. TSV is a high-tech packaging technology that ...
LG Innotec to Promote Material and Element As Its Next-Generation ...
LG Innotec is going to promote material and element businesses as next-generation driving forces and has set a goal of making $166 million (200 billion KRW) in sales f...
Ministry of Environment to Make Criminal Accusation Against President ...
Ministry of Environment made a criminal accusation against President Johannes Thammer of Audi Volkswagen Korea for submitting insufficient business plan on correcting flaw...
Will Naver Make More Than $2.48 Billion in Sales This Year?
Naver has opened up generation of $2.48 billion (3 trillion KRW) in yearly
Hyundai Chooses SUV As a Fuel Cell Vehicle That Will Be Mass-Produced in 2018
Hyundai chose SUV as a fuel cell electrical vehicle (FCEV) that will be mass-produced in 2018. Hyundai¡?s goal for mileage for FCEV that will be mass-produce...
Yeil Electronics Develops Device That Causes Noise for Plug-in Vehicles
Range of vibration speaker technology¡?s application is being expanded to automobile industry due to emergence of VESS (Virtual Engine Sound System) that is ...
‘5G Generation’ to Come Faster Than Expected
Expected time for commercialization of 5G mobile communication is going to be earlier than 2020 which is the predicted year initially. South Korean mobile telecommun...
Samsung Electronics to Mass-Produce Gen.2 14-Nano FinFET LPP Process Chip and Use It for Galaxy S7
Samsung Electronics is planning to mass-produce Gen.2 14-nano FinFET process chip. This chip, which reduces electricity consumption while having high performance level...
SK Hynix to Make Its Biggest Investment Ever in 2016 and Make Preemptive Move to Overcome Difficulties
SK Hynix is going to invest about $4.96 billion (6 trillion KRW) for its facilities this year, and this amount is its biggest ever since company¡?s establi...
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Maeil business news Korea (http://www.pulsenews.co.kr/ )
China’s Haier brings half-priced televisions into the South Korean market
Qingdao Haier Co., China’s leading manufacturer of household appliances, said on Monday that it was releasing high-definition LCD ...
SK Chemicals develops electrolyte additive for rechargeable battery
SK Chemicals Co., a chemical unit of South Korea’s large conglomerate SK Group, Tuesday announced it is ready to commercialize an ...
Former World Bank director named as KIC chief executive
Korea Investment Corporation (KIC) said on Monday that Eun Sung-soo, former executive director of the World Bank, has been named as ...
DSME launches the first of 15 icebreaking LNG vessel fleet for Russia
South Korea’s leading shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) on Monday celebrated the launch of its first ...
Hyundai, Kia sales hit fresh highs in Europe
South Korea’s largest automaker Hyundai Motor Co. and its sister company Kia Motors Corp.’s combined sales in Europe reached a ...
U.S. approval decision near on Celltrion’s biosimilar
Celltrion’s expansion into the world’s largest pharmaceutical market appears to be just around the corner.Celltrion announced ...
S. Korea’s producer prices post biggest dip on record
South Korea’s producer prices in 2015 fell by the most on ...
Competition to take over Doosan DST intensifies
The race to acquire Doodsan Group’s defense arm Doosan DST is heating up as ...
Korea`s potential growth rate pared to 2.5%: new Korean Economic ...
South Korean policymakers must face up to the reality that ...
Former World Bank director named as KIC chief executive
Korea Investment Corporation (KIC) said on Monday that Eun ..
SK Gas to sell stake in SK Advanced to PIC
Kuwait’s Petrochemical Industries Company (PIC) will join a propane ...
Hyundai, Kia sales hit fresh highs in Europe
South Korea’s largest automaker Hyundai Motor Co. and its sister company Kia ...
DSME launches the first of 15 icebreaking LNG vessel fleet
South Korea’s leading shipbuilder Daewoo Shipbuilding & ...
China’s Haier brings half-priced televisions into the
Qingdao Haier Co., China’s leading manufacturer of ....
2016 Korea Grand Sale begins ahead of New Year’s Day
The South Korean government-led mega discount event will ...
S. Korea gets closer to commercial use of manganese nodules
The Ministry of Oceans and Fisheries announced on Monday ...
Senior age insecurity the biggest worry for Koreans
Koreans are most concerned about housing during their 20s ...
S. Korean President announces senior-level government post
South Korean President Park Geun-hye on Friday carried out ...
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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).
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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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