Jan. 26, 2016
The Korean daily media headlines and humor
Tuesday, Jan. 26, 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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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:
From a Heart Surgeon's Diary :
Anxious patients & their dear ones always ask me a lot of odd questions.
But today the wife of one of my bypass patients made me speechless.
She asked me "Doctor, did you find any other woman in his heart?"
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KBS (http://world.kbs.co.kr/english/news/)
S. Korea's Q4 Growth Slumps at 0.6 Percent
Anchor: The South Korean economy grew zero-point-six percent last quarter. The annual growth rate for 2015 stalled at...
S. Korean Defense Minister Calls for Reviewing THAAD Option
Oceans Ministry to Create Maritime Forests
PM Vows Import Ban on Improper Food Imports
S. Korea's Q4 Growth Slumps at 0.6 Percent
S. Korea's Trade Terms Improve in 2015
KOSPI, KOSDAQ Close Higher as Oil Prices Recover
N. Korea Vows Closer Ties with Friendly Nations Against Int'l Sanctions
Gov't: N. Korea's Human Rights Can’t be Linked with Inter-Korean Ties
N. Korea Criticizes Lippert for Infringing on S. Korea’s Sovereignty
US State Secretary Kerry: N. Korea Threatens National Security Even for China
Victims of Wartime Sex Slavery Visits Japan
John Kerry Embarks on Asia Tour
Airport Operations Resume at Jeju after Heavy Snow
Jeju Airport Resumes Operations
Gov't Vows to Clamp Down on KCTU Strike
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Yonhap (http://english.yonhapnews.co.kr)
S. Korea's auto exports drop 8.3 pct in Q4
SEJONG, Jan. 26 (Yonhap) -- South Korea's automobile exports fell 8.3 percent in the fourth quarter of last year mainly due to weaker demand from China and Russia, customs data showed Tuesday.
Gov't to sternly punish habitual wage defaulters
SEOUL, Jan. 26 (Yonhap) -- The government said Tuesday it will sternly punish employers who habitually and intentionally do not pay salaries in a timely manner.
SK hynix's Q4 net plunges on weaker demand
SEOUL, Jan. 26 (Yonhap) -- South Korean chip giant SK hynix Inc. said Tuesday its fourth-quarter profit fell 46.3 percent from a year earlier due to falling shipments of dynamic random access memory (DRAM) chips and other major products.
Stock value of S. Korea's top 10 biz groups tumbles
SEOUL, Jan. 26 (Yonhap) -- South Korea's top 10 business groups saw the market value of their listed affiliates plunge this year mainly due to increased overseas volatility, data showed Tuesday.
Public officials to be promoted based on performance
Jeju airport in full operation to transport passengers
(LEAD) Gov't to sternly punish habitual wage defaulters
Tuesday's weather forecast
Gov't to sternly punish habitual wage defaulters
Kia Motors launches all-new K7 sedan
SK Telecom, Samsung to provide free smartphone rentals for..
Jeju airport in full operation to transport passengers
S. Korea's auto exports drop 8.3 pct in Q4
(LEAD) SK hynix's Q4 net plunges on weaker demand
Super Junior's Ryeowook to drop first solo album
Key players on mend for S. Korea, Qatar in Olympic footbal..
New LPGA season to kick off in Bahamas; S. Koreans eye ano..
(LEAD) Yonhap seeks to launch Russian-language service
Yonhap seeks to launch Russian-language service
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The Korea Herald (http://www.koreaherald.com)
Jeju Airport, airlines blasted over blizzard
SEOUL/JEJUDO ISLAND -- A nearly three-day airport shutdown on the southern resort island of Jejudo due to heavy snowfall...
Samsung unfazed by Haier-GE deal
Samsung Electronics on Monday said that Haier’s recent purchase of General Electric’s home ap...
Voyeurism still tricky to stamp out in South Korea
The number of sex crimes involving the taking of intrusive pictures of body parts increased dra...
Celltrion heralds new era for Korean pharmaceuticals
This is the first in a series of articles analyzing the top 10 companies by market capitalizati...
Russel: N.K. leader should look at Iran, negotiate away nuclear program
Kerry: N.K. leader 'questionable in terms of judgment'
Park: Zuckerberg thanks over youth employment fund
Defense Minister says THAAD deployment needs consideration
Efforts to improve financial infrastructure, credit rating approach
Seoul shares open bearish on weak corporate earnings
Top 10 biz group see stock value plunge
S. Korea grew at slower pace in Q4
[Foreigners Who Loved Korea] Stanley H. Martin, benefactor of the independence movement
Richard III gets suit of French porcelain
Egypt museum staff to face disciplinary hearing over Tut mask
KAIST professor heads new futures studies society
Ex-U.S. commander calls for reassessing U.S. 'extended deterrence'
[Newsmaker] Rouhani starts first post-sanctions tour
Progress slow on U.N. resolution on N. Korea
Kerry to press China to use more leverage on N. Korea
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The Korea Times ( http://www.koreatimes.co.kr)
NK nuke test overshadows Park's unification vision
President Park Geun-hye’s “unification bonanza” initiative seems to be losing momentum, especially...
Reps. Ahn, Chun form alliance
Independent lawmakers Ahn Cheol-soo and Chun Jung-bae agreed Monday to join forces for the general...
'US election to be pivotal for Koreans'
DALLAS - The U.S. presidential election in November is expected to be like no other. As the flamboyant candidates are currently challenging one another on a r...
Seoul city to restore palace walkway
A walkway around Deoksu Palace in central Seoul will be fully restored by the end of this year, ac...
Man gets suspended sentence for homosexual grope in sauna
Jeonju District Court has sentenced a man in Jeonju, North Jeolla Province to four months’ jail - ...
Police to give blood to overcome shortage
Police will hold a national blood drive in face of short supply, Yonhap reports. Blood donations d...
Jaguar launches new XJ sedan
Jaguar has launched its full-size XJ sedan, seeking to expand its presence in the segment where th...
LG Hausys ranked top-tier brand in China
LG Hausys, the country’s largest industrial materials firm, said Monday that it was ranked as a “t...
KT&G introduces Lamborghini brand cigarettes
KT&G has introduced the Tonino Lamborghini L6 cigarettes to appeal to the growing number of Korean...
Boys in the Kitchen named K-Rookies 2015 champs
Garage rockers Boys in the Kitchen emerged victorious as six bands wrapped up the 2015 K-Rookies p...
NMC chief thanks veterans of Jutlandia
Ahn Myoung-ock, chief of the National Medical Center, paid a special trip to Denmark to meet veter...
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DongAIlbo (http://english.donga.com)
US calls China for 'more things to deter N. Korea'
The U.S. government is raising the level of pressure on China, with Secretary John Kerry’s scheduled visit on Wednesday, calling …
Cho Seong-jin signs with Deutsche Grammophon
Cho Seong-jin who won the main prize at the recent Chopin Piano Competition in Poland has signed exclusive contract with world re…
Speaker Chung Eui-hwa announces he will not run for the general assembly
National Assembly Speaker Chung Eui-hwa announced that he will not be running for the 20th general elections. He has recently bee…
Snowboarder Lee Kwang-ki ranks sixth, highest for Korean players in World Cup
Lee Kwang-ki (23), a member of the Korean snowboard halfpipe team, ranked again the highest (sixth place) among Korean players ev…
N. Korea spreads a malicious code targeting Samsung
North Korea’s reconnaissance general bureau made a malicious code targeting Samsung Group in April last year. After massive attac…
Ex-minister blasts Kim Moo-sung for insufficient efforts to recruit talents
Choi Kyung-hwan, former deputy prime minister for economy and chief of the pro-Park Geun-hye faction, has returned to the ruling …
Park’s abrupt offer for 5-way talks
China has expressed objection as many as twice in a matter of just 10 days to President Park Geun-hye’s plans to address the Nort…
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Chosun Ilbo (http://english.chosun.com)
Jeju Airport Returns to Normal
Jeju International Airport returned to normal operations at noon on Monday, 42 hours after it was amid record snowfall, stranding 86,000 passengers on the resort island. The first planes to take off were an EastarJet flight carrying 149 passengers and a Korean Air flight carrying 404, both to Gimpo Airport in Seoul
Neutral Packaging Boosts Online Sales of Embarrassing Goods
More people are buying embarrassing products online that are sent to their homes in neutral packaging. From January to November last year, online shopping mall GMarket saw a 43-percent rise in sales of products that supposedly correct physical flaws.
Koreans Travel More as Visitor Numbers Dwindle
The combined number of inbound and outbound travelers here hit a record in 2015, but fewer tourists came while Koreans traveled more. The total hit 66.37 million, up 7.7 percent on-year, the Justice Ministry said Friday.
Japanese One-Price Shop to Sell Cheap Chinese Smartphone
Nuke Test Increases N.Korea's Isolation
4 Out of 10 Adults Read Less Than a Book a Year
Korea Moves Step Closer to Olympics After Barely Beating Jordan
Boarding-Pass Swap Passengers to Compensate Airline
Film About WWII Sex Slaves Tours U.S.
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Hankyoreh Shinmoon (http://english.hani.co.kr)
[Reportage] Gwangju Migrant Workers Center: For 20 years, a home away from the homeland
For two decades, Rev. Lee Cheol-woo and the GMWC have provided foreign workers with help, medical care, and a place to stay
SK, US, China play ping pong with responsibility of responding to NK’s nuclear test
The differences in Seoul’s, Washington’s, and Beijing’s ideas on how to respond to North Korea’s recent fourth nuclear test are coming into sharper relief.South Korea and the US’s calls for “forceful, comprehensive, and effective sanctions” are drawing an unenthusiastic response from China, while China’s idea of combining sanctions with efforts to ensure regional political stability and achieve dialogue and negotiation are failing to gain traction amid a hard-line climate in Seoul and Washington..
South Korean oil industry seeking ways to stop paying the “Asian premium”
“Is there any reason not to make joint purchases of crude oil?”“What’s stopping us from using crude oil to create a win-win situation for South Korea, Japan, and China?”This is what people in South Korea’s oil industry are saying about the “Asia premium” - the tendency for oil producing countries in the Middle East to charge Asian countries more for crude oil. Rather than focusing on the financial pros and cons of currently low oil prices, the industry is looking to come up with comprehensive ways to take advantage of this for the long term..
Celebrity chefs & “rice sommeliers” - convenience stores upgrade their prepackaged meals
Jjigae, a Korean stew, is now available in the prepared meal section at South Korean convenience stores. This is a pioneering product in a market where prepared meals contain dry food but no soup.With the lingering recession and more Koreans living by themselves, sales of prepared food in convenience stores have skyrocketed, and convenience store offerings are evolving at a rapid pace.
Hypochondria nation? South Koreans vastly understate their health
South Koreans rank fairly high among members of the Organization for Economic Cooperation and Development (OECD) in terms of expected lifespan, the objective index of public health. But the percentage of South Koreans who describe themselves as healthy, which is the subjective health rate, was the lowest of all OECD members..
[Anaysis] Ministry of Employment announces new guidelines for employee termination
On Jan. 2, the Ministry of Employment and Labor announced that it would be implementing the controversial “dual guidelines,” which will make it easier for companies to terminate poorly performing employees and to change workplace rules. Unlike a law or enforcement order, a government guideline can take force immediately, as long as it is approved by the minister in question..
Park proposes five-party talks to resolve issue of NK nuclear program
President Park Geun-hye directed administrative agencies on Jan. 22 to pursue a “five-party talks” framework without North Korea to resolve the issue of the country’s nuclear program.Park also publicly raised questions about the effectiveness of the current six-party framework used to address the issue. This marks the first time Park has publicly discussed a five-party framework excluding North Korea..
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JoongAng Ilbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)
Merger for Ahn guarantees split vote for liberals
Ahn Cheol-soo’s People’s Party merged with Rep. Chun Jung-bae’s People’s Conference, guaranteeing a split vote among liberals in the April general election. The merger also boosts Ahn’s party’s strength in Gwangju and the provinces of North and South Jeolla, intensifying his war against Moon Jae-in, leader of the main liberal opposition Minjoo Party of Korea...
Stranded flown out of Jeju around the clock
A mass exodus from the southern resort island of Jeju began Monday afternoon by tourists stranded after snow closed the airport and forced ferries to stop running…
Little relief at the pump because taxes remain
Crude prices have collapsed, but drivers in Seoul aren’t getting the kind of break at the pump they would like.…
Nation gets first crowdfunding platform
As of 6 p.m. on Monday, Marine Techno, a cosmetics company that specializes in products made from marine collagen,…
Samsung SDI spins off its chemical unit to Lotte group
Samsung SDI’s shareholders Monday officially approved spinning off the chemical business so the company can concentrate on…
New kind of loan for jobless endures some teething pains
A college student in his 20s, who recently finished his mandatory military service, was in urgent need of money for his tuition…
Eximbank to focus on struggling industries
The Export-Import Bank of Korea will transform from an “exporter supporter” to an “industry overseer” in order to help manage corporate risk…
Investigator loses defamation suit
A Seoul court on Monday found a former investigator into the sinking of the Cheonan warship guilty of defaming the military by claiming…
Chinese pair who fled airport are apprehended
Incheon International Airport announced Monday that two Chinese nationals broke through local security systems last week to illegally…
Daiso gets Xiaomi Redmi 3
Xiaomi’s trending Redmi 3 smartphone will be sold in vending machines at select Daiso retailers starting at 12 p.m. on Jan. 27. …
Korea’s tech exports were third-biggest in the world
Korea’s information and communications technology (ICT) exports in 2015 were the third-largest in the world, thanks to mobile phones …
Markets rise on hopes of further easing
Seoul’s main bourse rebounded along with other Asian markets as oil prices bounced back above $30 a barrel…
A hotel stuck in limbo
Building a hotel with a traditional Korean theme in Jangchung-dong, central Seoul, has been the center of Hotel Shilla’s expansion plan since 2012.…
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The Kyunghyang Shinmoon(http://english.khan.co.kr/)
Korean Confederation of Trade Unions Go on Strike Today: Government Vows to Respond Strictly to Illegal Strike
On January 22, the government announced its two major measures to ease requirements to allow layoffs of weak performing workers and to allow revisions to employ···
[After NK's 4th Nuclear Test] Cheong Wa Dae 'Retreats' Within a Day after Suggesting 5-Party Talks: Relations with China Likely to Chill
On January 22, President Park Geun-hye argued the uselessness of the six-party talks and mentioned the need for five-party talks excluding North Korea. Her ···
Humanitarian Concerns on the US House’ North Korea Sanctions Act
The recently passed North Korea Sanctions Enforcement Act (H.R. 757) in the House was originally a strongly worded statement prohibiting any transactions with t···
[Editorial] [Childcare Crisis, Now Reality] President Triggers Childcare Crisis and Claims State Provided Full Childcare
The childcare crisis that people had been concerned about is becoming reality particularly at kindergartens, but President Park Geun-hye continues to remain lai···
Perhaps We Watched Too Many 'Cooking Shows' on TV: Elementary Students Answer, 'A Chef Rather than a Judge or a Doctor'
Four out of ten students in grades 4-6 answered that they wanted to become a celebrity or sports star. The percentage of students who answered that they wanted ···
Government-Led Petition in the 21st Century to Pressure the National Assembly
After President Park Geun-hye joined in the street petition to urge lawmakers to pass bills to stimulate the economy, some criticized that the government-led pe···
'It's Hard to Answer Consistently in the Personality Test, Isn't It?' Hypnosis Training Taking Advantage of Anxious Job Seekers
"These days, the personality test is critical in the recruitment process of large companies. Surprisingly, the companies filter out many possible recruits with···
[Annulment of Tripartite Agreement] Federation of Korean Trade Unions, 'Judgment on Anti-labor Candidates in General Elections' 5 Major Labor Bills Lose Momentum
The Federation of Korean Trade Unions declared the annulment of the tripartite agreement on January 19, four months after the agreement was reached, and it look
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The Korea Economic Daily ( http://english.hankyung.com/ )
[Global Investment War] Why Pension Funds Shun Domestic Infrastructure Investment Projects
The National Pension Service made three investments in domestic infrastructure projects last year. This is the lowest number since 2010. As for the Korea Teachers' Credit Union, there was no new infrastructure investment in 2015. The last one it made in an infrastructure project was in relation to a...
Corporate Direct Financing Volume in 2015 Rises 7.5% from 2014
The volume of funds raised by corporations last year by way of direct financing, including stocks and bonds, increased 7.5 percent from the previous year. According to the Financial Supervisory Service on January 26, the total amount of funds raised through direct financing in 2015 was 131,114.3 bil...
Korea EximBank to Supply 75 Tril. Won Credit This Year
Korea EximBank will supply credit of 75 trillion won (US$62.7 billion) this year including 57 trillion won in loans and 18 trillion won in guarantees. This is 5 trillion won lower than last year's planned volume of credit. Lee Duk-hoon, president of Korea EximBank, said this on January 25 in a press...
Korea Loses Top Position to Thailand as Asia's No. 1 Destination for Chinese Tourists
Thailand has attracted more Chinese tourists than Korea did, emerging as Asia's No. 1 travel destination for Chinese tourists. According to tourism industry sources on January 24, the number of Chinese tourists who visited Thailand last year totaled 7,934,791 , up 71.1 percent from 4,636,298 a year ...
KOGAS CEO Says “Low Oil Price Era Cannot Last for More Than 2 Years”
Lee Seung-Hoon, CEO of the state-run Korea Gas Corp., said “The low oil price era will end within less than two years.” In an interview with the Korea Economic Daily, he said, “To be better prepared for the upturn in the global oil prices, we should continue overseas resource development.” He ex...
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AJU Business Daily ( http://eng.ajunews.com/korea )
Cyber alert heightened against North Korean hackers
[Aju News DB] North Korea is suspected of having stepped up a cyber attack on South Korea with malicious e-mails since the nuclear-armed country claimed to have tested a hydrogen bomb earlier…
US student detained in North Korea for 'hostile' acts
North Korea on Friday announced the arrest of a US college student as the United Nations Security Council is working on a new resolution for tougher sanctions against the communist state over its nuclear test this month.. Warmbier Otto Frederick, …
Turbulence on the horizon of Korean peninsula
[Aju News DB] The Korean peninsula heads for a turbulent confrontation as South Korea locked the horns with North Korea Friday over its latest nuclear test which has led to a spike in cross-bor…
North Korea military backed by 300 drones
[Aju News DB] North Korea has strengthened its military surveillance force with a fleet of 300 drones, which are still relatively unsophisticated but could present a security challenge for Sout…
Kim Jung-un's right-hand man resumes public activity
[Courtesy of Xinhua] Choe Ryong-hae, once seen as North Korean leader Kim Jong-Un's right-hand man, has resumed his public activities, ending his three-month absence which once fuelled wild…
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…
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…
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ETNEWS (http://english.etnews.com/)
Smartphones’ Dual-Cameras Focus on Functions Rather Than Pixels
Suppliers of Smartphones¡? parts are competing each other to develop better next-generation technologies such as wide-angle photographing, 3D photographing, iris recognition and others because flagship Smartphones¡? cameras now focus more on functions rather than number of pixels. As rear-camera¡?s specification is reaching 16 million and...
South Korean Government and Electric Vehicle Industry Settle on Plan...
South Korean Government and electric vehicle industry, which had opposed each other regarding who should be the main agent for supplying charging infrastructures for e...
CrucialTec Rises Again with Its Fingerprint Recognition Technology
There is a business that is writing a dramatic story by being world¡?s number 1 business with just single part of Smartphone and falling to the ground with t...
Competition for Taxi Service to Begin as SK Telecom Manages T-Map
SK Telecom is managing ¡®T-Map¡? on its own to strengthen its platform business even more. Because SK Telecom is going to manage T-Map Taxi also, ...
Samsung and LG Join Hands for Next-Generation TV Markets
Samsung Electronics and LG Electronics, which are leading global TV markets, are not only competing in good faith but they are also focusing on strategic cooperation f...
LG Electronics and SBS Totally Localizes ATSC 3.0 for the First Time in the World
Staff Reporter Kim, Dongwook | gphoto@etnews.com
Gen.3 14 and 16-Nano FinFET Semiconductor Processes to Be Mass-Produced Soon
Samsung Electronics and TSMC are competing each other in introducing Gen.3 14 and 16-nano FinFET system semiconductor processes and they are focusing on reducing amoun...
LG Innotec to Promote Material and Element As Its Next-Generation Driving Forces
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 of Audi Volkswagen Korea for Submitting Insufficient Business Plan on Recall
Ministry of Environment made a criminal accusation against President Johannes Thammer of Audi Volkswagen Korea for submitting insufficient business plan on correcting flaw...
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Maeil Business News Korea (http://www.pulsenews.co.kr/ )
Samsung Electronics rank top seller in N. American home appliances market in
Samsung Electronics Co., South Korea’s consumer electronics giant, ranked as No. 1 seller for the first time in the North American ...
Performance-based pay system a must for Korean banks
Gone are the good old days when salaries automatically rose annually according to their working years for Korean bankers who for ...
S. Korea`s commercialization of HEMU trains likely delayed due to price
Negotiations between Hyundai Rotem Co. and Korea Railroad Corporation (Korail) to begin commercial operation of South Korea’s first ...
Cosmax gets FDA certification to export sun protection products
Cosmax Inc., a South Korean cosmetics developer and manufacturer, said on Monday it has received both product and consumer health ...
S. Korea’s potential growth may fall to below 2% within 10 years
South Korean private think tank predicted the country’s potential growth rate that already fell into the 2-3 percent range may fall ...
KEB Hana Bank introduces wage reform to include ability-based system
KEB Hana Bank, one of South Korea’s top lenders, plans to cut down wages of high-paid junior employees who have failed to get ...
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