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The Korean daily media headlines and humorJan. 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 ...

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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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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 (www.koreapost.co.kr),

(3) An English Internet (www.koreapost.com),

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

(5) An English e-daily (/rankup_module/rankup_notice/notice_list.html)

Send your news releases and feedback:

Send the Embassy news releases to edt@koreapost.com for publication by all its five media units, including one Korean (www.koreapost.co.kr) and one English (www.koreapost.com) Internet dailies, which are updated real-time. (Call 010-5201-1740 for further details.)

코리아포스트  webmaster@koreapost.com

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