Jan. 27, 2016

The Korean daily media headlines and humor

Wednesday, Jan. 27, 2016

Your Excellency:

Here are humor from one of the former ambassadors who served in Korea and 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:

The Golf Club Presidency:

An old man asks his wife: "Martha, soon we will be married 50 years, and there's something I have to know.

“In all of these 50 years, have you ever been unfaithful to me?"

Martha replied, "Well Henry, I have to be honest with you.Yes, I've been unfaithful to you three times during these 50 years, but always for a good reason."

Henry was obviously hurt by his wife's confession, but said, "I never suspected. Can you tell me what you mean by 'good reasons'?"

Martha said, "The first time was shortly after we were married, and we were about to lose our little house because we couldn't pay the mortgage. Do you remember that one evening I went to see the banker and the next day he notified you that the loan would be extended?"

Henry recalled the visit to the banker and said, "I can forgive you for that. You saved our home, but what about the second time?"

Martha asked, "And do you remember when you were so sick, but we didn't have the money to pay for the heart surgery you needed? Well, I went to see your doctor one night and, if you recall, he performed the surgery at no charge."

"I recall that," said Henry. "And you did it to save my life, so of course I can forgive you for that. Now tell me about the third time."

"Alright," Martha said. "Do you remember when you ran for president of your golf club, and you needed 73 more votes?"

Henry fainted...

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

S. Korean Men's Football Team Wins Berth to 8th Olympic Campaign

The South Korean men’s football team has won a berth to the 2016 Rio de Janeiro Olympics, defeating Qatar in the...

President Park Geun-hye Mulling Visit to Iran

Justice Ministry Vows to Intensify Anti-Bribery Efforts

President Park Geun-hye Mulling Visit to Iran

Justice Ministry Vows to Intensify Anti-Bribery Efforts

Main Opposition Chair Moon Jae-in to Resign Wednesday

S. Korean Ports Processed Record Cargo Volume in 2015

Gov't Reveals Road Map to Commercialize Drones

KOSPI, KOSDAQ Lose on Foreign, Institutional Selling

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

UNICEF Warns of Mass Malnutrition Among N. Korean Children

Victims of Wartime Sexual Slavery Demand Abe's Personal Apology

Kerry: N. Korea Threatens National Security Even for China

25 Ferries Remained Stranded Due to Cold Snap

Court Dismisses Conspiracy Theory Surrounding Cheonan Sinking

Jeju Airport Operates in Full Swing After Heavy Snow

Administration to Inspect Korean Cultural Assets Abroad

January 26 Designated as Day for Seoul Students' Human Rights

Korean Monochrome Paintings to be Shown at LA Art Show

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

Park mulling visiting Iran: official

President Park Geun-hye is considering visiting Iran, an official said Wednesday, as Iran has emerged as a land of opportunity following the lifting of international sanctions.

ABS issuance soars in 2015 on new state loan program

The issuance of asset-backed securities (ABS) in South Korea nearly doubled in 2015 from a year earlier on the back of sharp growth in sales of government-led mortgage funds, the financial watchdog said Wednesday.

S. Korea's consumer sentiment sinks further in Jan.

South Korean consumers' sentiment continued to deteriorate from a month earlier in January with more people expecting their income and overall economic conditions to further decline down the road, central bank data showed Wednesday.

Convenient transportation, accommodation to draw crowds to Suwon

With geographical proximity to the country's capital Seoul and accommodations in good hands, Suwon city is prepared to host crowds in celebration of the 220th anniversary of Hwaseong Fortress, city officials said Wednesday.

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

Korea clinch 8th straight Olympic football berth

South Korea clinched a record eighth straight Olympic men's football berth on Tuesday with a 3-1 victory over Qatar at t...

Missile shield dispute rekindled

The plan by South Korea and the U.S. to set up a real-time missile-related intelligence-sharing...

Korea to buttress biological medicine, cosmetics exports

As part of efforts to boost the local biopharmaceutical industry and exports, the Ministry of ...

Park vows to end graft, child abuse

President Park Geun-hye on Tuesday renewed her pledge to root out corruption, claiming that the...

Deutsche Bank trader sentenced to jail

On Nov. 11, 2010, with just 10 minutes for the stock market to close in Seoul, three traders in Hong Kong...

Speaker’s proposal

National Assembly speaker Chung Ui-hwa has come up with a proposal to amend the controversia...

Dismissal guideline

The government’s controversial guidelines on general dismissals and rules of employment hav...

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

Korea slipping into mire of low growth

Korea’s full-year gross domestic product (GDP) growth came in at 2.6 percent last year, the lowest in three years, deepening worries that the country is entering an era of low growth. The economy grew 0.6 percent from a quarter ...

S. Korea clinch 8th straight Olympic football berth 

South Korea clinched a record eighth straight Olympic men's football berth on Tuesday with a 3-1 v...

Seoul pressures China with THAAD 

South Korea’s changing stance on the THAAD missile defense system reflects growing worries here about China’s two-faced approach toward North Korea and its nu... 

Budget carriers slammed for poor response at Jeju

Low-cost carriers (LCC) are under fire for their poor handling of passengers stranded at JejuInte...

Gov't seeks disclosure of cigarette chemicals 

Tobacco makers and importers may have to disclose all the ingredients in cigarettes as part of the government effort to control the harmful effects of tobacco...

Former sex slave victims demand Abe's apology 

Two former Korean victims of sexual slavery before and during World War II called for Japanese Prime Minister Shinzo Abe to apologize to the wartime victims d... 

Crucial week for Lee's MLB move 

Former Fukuoka SoftBank Hawks slugger Lee Dae-ho’s destination, which has been up in the air this ...

Introduction of anti-domestic violence law proposed 

Violence against intimate partners, mostly men against women, is becoming more vicious and frequent.

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

NK uses S. Korean subway control system as hacking foothold

It was found that North Korea hacked the homepage of a South Korean company that is in charge of the production and management of…

Secrets of Universal Studio's success

Universal Studio in Los Angeles has become a popular tourist area after turning into a theme park in 1984 from a filming site. It…

Ads in NFL Games: million per 30 seconds

The cost for a 30-second commercial in the NFL championship this season has surpassed 5 million U.S. dollars. It is an 11.1 perce…

Backseat seatbelt usage reduces traffic death toll by 15 percent

Back seat belt use rates in Korean highways have risen significantly during the past year. This seems to have contributed to the …

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…

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

U.S. to Send Attack Drones to S.Korea

The U.S. wants to deploy cutting-edge attack drones in South Korea this year to improve defenses against North Korea. A source said Washington is pushing for the deployment of the MQ-1C Gray Eagle with the U.S. Forces Korea this year and already conducted tests of the drone at its Gunsan airbase here last year. >> Full Text

Pair Who Sneaked Through Airport Security 'Looking for Work'

A Chinese couple who sneaked through security at Incheon International Airport last Thursday came to Korea looking for work, investigators said Tuesday. Immigration officials on Tuesday said the pair, a man and a woman, are husband and wife and paid a broker 120,000 yuan for jobs in Korea. >> Full Text

Court Sides with Broadcast Watchdog in Censuring TV Soap

A court upheld a decision by the broadcasting watchdog to censure a TV soap opera. The Seoul Administrative Court said disciplinary measures taken by the Korea Communications Commission over the soap "Apgujeong Midnight Sun" were "fair and legitimate." >> Full Text

Kia Rolls Out New K7 Sedan

More Seniors Looking for Part-Time Work to Pay the Bills

Jeju Airport Returns to Normal

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

Foreign press chafes at poor treatment, communication from Park administration

Overseas media outlets are denied the same access to the Blue House and government agencies that the domestic press gets, creating a climate of mistrust

The Park Geun-hye administration’s reputation for uncommunicativeness is becoming a serious issue not just on the domestic political scene, but for the foreign press as well.Many foreign reporters have been steaming over what they perceive as discriminatory or poor treatment since the start of the year. Some foreign news sources had lent support for democracy in South Korea by alerting the rest of the world to the situation during its previous military dictatorships, when the domestic press was subject to harsh controls.

[Interview] “Japan is now at a serious disadvantage” in Dokdo territorial dispute

If South Korea were to accept Japan’s proposal to let the UN’s International Court of Justice (ICJ) settle the two countries’ territorial dispute over the island of Dokdo - called Takeshima in Japan - which country would the court side with?While Japan may seem confident, it could never win on an empirical or logical basis, thinks Park Byoung-sup, 74, a Korean-Japanese researcher on the Dokdoissue.“During the negotiations between South Korea and Japan to normalize their diplomatic relations - back in 1954, I think - .

Park administration backtracks on suggestion of “five-party talks” after cool reception

The Blue House is going all out to put out the diplomatic firestorm ignited by President Park Geun-hye’s recent statements about shutting Pyongyang out of discussions on the North Korean issue and pursuing “five-party talks” instead.In her comments during a Jan. 22 policy report to the president by the Ministries of Foreign Affairs, National Defense, and Unification, Park stressed the importance of forceful sanctions and dismissed the previous six-party framework as fruitless. .

Member of Cheonan investigation taskforce given suspended sentence

A district court has given a suspended sentence to Shin Sang-chul, former manager of a website called Surprise and former member of the joint military and civilian taskforce that investigated the sinking of the Cheonan corvette. Shin had alleged that the South Korean government and military had faked the cause of the Cheonan’s sinking.

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

Economy barely grew in the last quarter of 2015

Is the Korean economy running out of steam? Concerns are mounting that near-zero percent growth in the final quarter of 2015 might signal an even weaker economy this year. With a weak improvement in domestic consumption, the Korean economy grew only 0.6 percent in the last three months of 2015 compared to the previous quarter...

Defense chief says Thaad must be considered

Minister of National Defense Han Min-koo said Monday that Seoul needs to seriously consider the deployment of a U.S.-led Terminal High Altitude Area Defense…

Japan group pressures U.S. state on textbooks

Despite an agreement late last year between Seoul and Tokyo to resolve the issue of Japan’s forcing of Korean women into sexual slavery during World War II…

Exports to China should expand: Trade Ministry

The government urged small and midsize businesses to exploit the Korea-China free trade pact to sell cosmetics, food, baby products and fashion products…

Business group calls for less regulation to revive economy

A top business lobbying group representing conglomerates on Tuesday called together some 70 politicians from both ruling and opposition parties…

Kotra report identifies 99 futuristic products

A flying suit, an umbrella that dries instantly and a machine that can chill a can of beer in just two minutes. …

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

Lack of Order in Diplomatic Decision-Making Exposed with President Park's "Five-Party Talks Fiasco

"President Park Geun-hye's proposal of "five-party talks" excluding North Korea on January 22 ended as just another incident. Yesterday, a senior official at ···

[After the Comfort Women Agreement] "We Came to Japan Since Abe Would Not Come to Apologize"

For the first time since South Korea and Japan released their agreement on the comfort women issue at the end of last year, two elderly victims visited Japan to···

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 WaDae '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···

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

Shanghai Stock Market Loses 6.4%...Tumbles below 2,800

China's stock market tumbled again on January 26, with the Shanghai Stock Market Composite Index moving below the 2,800 level. On the day, the Shanghai index was closed at 2,749.79, down 6.42 percent from the previous day. In terms of closing price, this is the lowest level in 13 months since Decemb...

Google Tax to Have Huge Impact on 800 Domestic Firms

Due to the impact of so-called Google tax, a levy on company profits that are routed through "contrived arrangements" to tax havens, Korea's 800 or so companies are under siege. That's because the range of firms to be subject to the new law, originally expected to be limited to large multinationals,...

LG Electronics' VC Business Achieves First-Ever Profit in 4Q

LG Electronics' vehicle components business which is responsible for car parts-related business, achieved its first-ever profit in the fourth quarter of last year. LG announced on January 26 that its VC division posted sales of 520.4 billion won and operating profit of 9.7 billion won for the fourth...

Samsung Electronics to Set up VR Studio in New York

Samsung Electronics plans to open a virtual reality (VR)-dedicated studio in New York. Marc Mathieu, CMO of Samsung Electronics America, said during his participation in the Sundance Film Festival held in Park City in Utah on January 22, “We plan to open a VR studio in New York City. The studio wil...

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

Pleasure boat sunk in Hangang River

[Captured image from Twitter] A pleasure boat sunk in Hangang River on Tuesday, near Sungsoo Bridge. A total of 11 people were rescued without casualty. Stern of the ship started to sink a…

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

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

DongbuHiTec Makes Good Performance That Results in Withdrawal of Publ...

DongbuHiTec, which is a semiconductor contract manufacturing (foundry) business, had made its greatest performance last year and had made its first annual net profit sinc...

Samsung SDI to Let Go of Chemical Business and Invest $2.51 Billion i...

Samsung SDI is planning to sell its chemical business sector and strengthen its battery business for electric vehicles. Its plan is to invest $2.51 billion (3 trilli...

South Korean Government and Electric Vehicle Industry Settle on Plan...

South Korean Government and electric vehicle industry, which

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MaeilBusinessNews Korea (http://www.pulsenews.co.kr/ )

LG Electronics’ Q4 operating profit up on brisk sales of premium TVs, home

South Korea’s consumer electronics giant LG Electronics Inc. reported 349 billion won ($289.62 million) in operating profit for the ...

SK Hynix’s Q4 operating profit down 29% on quarter and 41% on year

Amid shrinking demand for memory chips, SK Hynix Inc., the world’s second largest memory chipmaker, saw its fourth-quarter operating ...

S. Korea’s GDP grows 2.6% for full 2015, slowest in three years

South Korea’s economy expanded 2.6 percent last year, the slowest pace since 2.3 percent growth in 2012 due to the double whammy of ...

Samsung SDI to invest $2.5 bn in automotive battery business for next 5 years

Samsung SDI Co. seeks to beef up its automotive battery business by investing total 3 trillion won ($2.5 billion) for the next five ...

S. Korea after-school education company Daekyo to see sales recover on Chinese

Daekyo Co., South Korea’s leading after-school language and math education provider that has suffered from waning sales due to a ...

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