Feb. 15, 2016
The Korean daily media headlines and humor
Monday,
Your Excellency:
Here are The Korea Post news 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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KBS (http://world.kbs.co.kr/english/news/)
Survey: Nearly Half of S. Koreans Back Hardline N. Korea Policy
A survey has shown that close to half of South Koreans support a hardline North Korea policy.
UN Chief Most Favored Presidential Candidate
Park's Approval Rating Marks 46%
Seoul Raises Alert on Possible Pyongyang Cyber Attack
'70% of Gaeseong Wages Flowed into N. Korea's Ruling Party'
Unification Ministry: S. Korea Tracked, Analyzed Use of Gaeseong Salaries
S. Korean Navy Discovers Fuel Tank of N. Korea's Long-Range Missile
Park to Explain Gov't Plans for Gaeseong Complex Shutdown
Moody's: Gaeseong Shutdown to Negatively Affect S. Korea's Sovereign Rating
Low Oil Prices Drive Down S. Korea's Import Prices
Study: 64 S. Korea-Made Goods Had Largest Market Shares
'70% of Gaeseong Wages Flowed into N. Korea's Ruling Party'
N. Korea Defense Minister Issues Threat
S. Koreans Leave Joint Factory Park in N. Korea
Lawmakers from 41 Countries Gather to Discuss Peace on Peninsula
NYT Urges S. Korea, US, China, Japan to 'Constrain' N. Korea
S. Korea, EU Agree on Need for Strong Sanctions on N. Korea
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Yonhap (http://english.yonhapnews.co.kr)
Seoul city to attach certification mark to corporate taxis
The Seoul metropolitan city said Monday it will attach certification marks to more than 2,500 taxis providing good service, while discontinuing subsidies to "unkind" taxis as part of its efforts to improve taxi service quality.
S. Korean firms pick Hanoi as top investor-friendly Asian city
South Korean corporate officials consider Hanoi the best investor-friendly city among 10 peers in China, Vietnam and three other Asian countries, a poll showed Monday.
Growth of bank household loans slows in Jan.
Growth of South Korean banks' household lending slowed sharply in January from a month earlier as a recent U.S. rate hike weakened consumer spending here, central bank data showed Monday.
S. Korea's M2 money supply inches down in Dec.
South Korea's M2 money supply shrank slightly from a month earlier in December, marking the first on-month drop in over a year, central bank data showed Monday.
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The Korea Herald (http://www.koreaherald.com)
Gaeseong money claim fuels dispute
Controversy is snowballing after Seoul claimed the majority of its investment in a joint factory park has been funneled ...
Pyongyang launches new ICBM unit: sources
North Korea has formed a new military unit to deploy a road-mobile intercontinental ballistic m...
BOK expected to hold steady on rate
Korea’s central bank is widely expected to freeze interest rates at the current record-low lev...
MERS caregivers still suffer months later in South Korea
For months, Kim Gyeong-ae, a nurse at Seoul National University Hospital, has not been able to ...
Conservative icon of American law
During the three decades he spent on the bench, Supreme Court Justice Antonin Scalia ...
Citizens’ question
The possibility of additional provocations by North Korea appears rising in the wake of the ...
Rate cut is gamble
More and more securities firms are raising the possibility that the Bank of Korea’s Monetar...
Sri Lanka fetes independence, interdependence with Korea
The Sri Lankan Embassy held a National Day reception in early February to celebrate the 68th an...
Networks’ pilot programs hit and miss during holiday
The three major broadcast networks in Korea launched pilot programs over the Lunar New Year hol...
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The Korea Times (http://www.koreatimes.co.kr)
Seoul calls Gaeseong park conduit for weapons program
The government said Sunday that 70 percent of the wages paid to North Korean workers at the Gaeseong Industrial Complex (GIC) were used for the development of weapons and to buy luxury goods for leader Kim Jong-un. Unification M...
Breathing new life into dying lung patients
Breathing is something most people take for granted every day. But for patients with severe lung d...
Virtual rally participants call for free speech
More than 100 people flocked into a small studio in Seoul, Friday and Saturday.
Chocolate imports reach all-time high
Koreans have developed a liking for imported chocolate, figures show.
POSCO desperate to court foreign investors
POSCO is desperate to court foreign equity investors, many of whom have disposed of or reduced the...
Hyundai tops auto sales in Vietnam in 2015
Hyundai Motor and its smaller sibling Kia Motors were the top sellers of vehicles in Vietnam last ...
E-Land to establish tourism joint venture with China's Wanda
E-Land said Sunday that it will setup a joint venture here with China’s Wanda Group to bring more ...
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DongAIlbo (http://english.donga.com)
Pope meets with Russian Orthodox Patriarch in Cuba
“We are brothers, not competitors. No crime may be committed in God’s name. Nothing is more important than the responsibility of …
National Museum of Korea tries to restore its damaged reputation
“It is said that few museums have failed with Egypt exhibition.”Kim Yeong-na, director of National Museum of Korea, said at a rec…
Korean researchers find new light on cancer development and its spread
A domestic research team has found a new mechanism that is related to the cause and metastasis of cancer. A biological sciences te…
Seoul, Washington, Tokyo should cooperate to change Beijing's attitude
Chinese Foreign Minister Wang Yi urged his South Korean counterpart Yun Byung-se on Friday to be "discreet" in taking security-re…
Magical story of Harry Potter
Joanne K. Rowling is going to publish "Harry Potter and The Cursed Child I and II," nine years after the publication of the prequ…
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ChosunIlbo (http://english.chosun.com)
N. Korea Launches Intercontinental Missile Command
North Korea has launched a new brigade in charge of intercontinental ballistic missiles, a government source here said Sunday. The source said the brigade comes under a special command supervising all missile units. >> Full Text
USFK Deploys Another Patriot Missile Battery
The U.S. Forces Korea has deployed another PAC-3 Patriot missile battery that can intercept ballistic missiles at a low altitude, it said Saturday. The Patriot battery arrived on Feb. 8 from the 11th U.S. Air Defense Artillery Brigade in Texas. >> Full Text
McDonald's to Serve Premium Burgers and Beer
McDonald's will open its first store in Korea that serves premium hamburgers and draft beer. The company said Sunday that the premium restaurant will open in Seongnam, Gyeonggi Province next Monday with a seating capacity of 90. >> Full Text
N. Korea 'Built Mock-Up of Seoul for Military Training'
More Pre-Screening of Visitors to Prevent Terror Attacks
Korea's Top-Ranked Products Keep Dwindling
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HankyorehShinmoon (http://english.hani.co.kr)
Missile defense systems expert says THAAD could prove useless
The propellant explosion technology seen in N. Korea’s latest rocket launch can render the interceptor unable to identify a potential warhead
A expert in missile defense systems said the propellant explosion technology seen in North Korea’s recent long-range rocket launch on Feb. 7 could render useless the Terminal High Altitude Area Defense (THAAD) system South Korea and the US have all but officially decided to deploy on the Korean Peninsula.
Defense Ministry will “not consider the positions of other countries” in THAAD decision
The Ministry of National Defense announced plans to form a joint working group (JWG) with the US as early as next week to discuss the deployment of a Terminal High Altitude Area Defense (THAAD) system with United States Forces Korea (USFK). The JWG’s establishment will mean the beginning of full-scale discussions on the timeline and site for deployment. Attention is now focusing on the ministry’s reasons for saying it would “not consider the positions of other countries” .
Closing of Kaesong Industrial Complex increases risk of military confrontation
The closing of the Kaesong Industrial Complex ? which had functioned as a sort of military buffer zone on the western side of South Korea’s border with North Korea ? has increased the likelihood of a military clash between the two armies. Furthermore, the severing of all direct lines of communication between the two sides has severely diminished their ability to manage unexpected clashes. .
“It’s all over.” - Kaesong tenant companies face the loss of jobs, contracts, and credit ratings
“The primary duty of the state is to protect the lives and assets of its citizens. Are we not citizens of the Republic of Korea? What needs to be clearly addressed is the fact that our government suddenly decided to suspend operations at the Kaesong Industrial Complex, notified the tenant companies of this without any deliberation and put this into effect immediately. The government ought to pay us reasonable compensation; all this talk about covering the cost of insurance
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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)
More Patriot missiles deployed in South Korea
The United States has temporarily deployed an additional Patriot missile battery in South Korea to counter North Korea’s provocations after the regime’s fourth nuclear test and a long-range rocket launch. The increased weaponry comes as North Korea continues to develop its mobile KN-08 intercontinental ballistic missiles that have the capability to reach mainland United States…
70% of cash sent to Kaesong was used on weapons
The South Korean government has determined that 70 percent of the cash that flowed into the Kaesong Industrial Complex was diverted to help finance…
Businesses are urged to delay bills at complex
Yoo Il-ho, deputy prime minister for economy and finance minister on Sunday asked the business community to delay invoices on small and mid-size companies…
Automaker’s crash course in customer relations
The event could have been described as a crashing success in a bid to capture the hearts and minds of potential customers in Korea.…
Koreans back closure of Kaesong: poll
As Seoul beefs up punitive measures against Pyongyang after its fourth nuclear test in January and launch of a long-range ballistic missile last week…
Gov’t to test at-home care for terminally ill patients
The Ministry of Health and Welfare announced Sunday that a number of medical facilities across the country will soon provide hospice services…
Psychological child abuse difficult to identify and punish
The abuse began in 2011. A 40-year-old stepmother in Yeosu, South Jeolla, became enraged when her 9-year-old stepdaughter refused…
North Korea halts abduction probe
TOKYO - North Korea has reacted angrily to new sanctions announced by Japan over its recent rocket launch and said in response…
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The KyunghyangShinmoon(http://english.khan.co.kr/)
Backlash of the Argument for a Female President
Hillary Clinton's speech acknowledging her defeat felt quite lonely. Hillary said, "I still love New Hampshire" smiling brightly and her supporters shouted, ···
Complete Rupture, Even the Hotline Is Down: Back to the Military Confrontation of the 1970s
North Korea declared that it would deport South Koreans and freeze assets on February 11, a day after the South Korean government notified them of the decision ···
Government Severs Inter-Korean Relations to Cut Money Flow to Pyongyang
The South Korean government decided to suspend all operations at Kaesong Industrial Complex as a part of sanctions against North Korea for its nuclear test and ···
Korean Wave
[Lee Dae-geun's Column] Five Characteristics of Park Geun-hye's···One of the questions most frequently asked after North Korea's fourth nuclear test was whether or not our government had a solution to
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The Korea Economic Daily (http://english.hankyung.com/)
Homegrown Private Equity Firms Putting Lots of Assets out on the Market
VIG Partners (formerly Vogo Fund) is currently negotiating with Affinity Equity Partners, a Hong Kong-based private equity firm, to sell off the Korean unit of Burger King. Korea's homegrown private equity firms including VIG Partners are selling many of their corporate assets for which they acquire...
Banks to Compete Head-on with Securities Firms in Selling Discretionary ISA Products
From now on banks will be able to sell individual savings account products. Beginning on March 14, banks and securities firms will start marketing their individual savings account products that will combine equity-linked securities and exchange-traded funds, as well as installment savings accounts, ...
Shenzhen Grows Faster Than Any Other Cities in China
Shenzhen, the world's capital of electronic parts and components, is being rapidly transformed into a center for high-tech high value-added products such as 3D printers, drones, and robots, the Wall Street Journal reported on February 13. For example, Shenzhen Rapoo Technology, the producer of keybo...
KOGAS Target Price Downgraded to 50,000 Won due to Delay in Mozambique Field
Meritz Securities said on February 15 that the gas field development project under way in Mozambique by Korea Gas Corp. is delayed and adjusted its target price down to 50,000 won from 70,000 won. But it kept the investment opinion of "buy" based on the judgment that it will be able to achieve an op...
POSCO to Build Large-scale Lithium Production Plant in Argentina
POSCO, Korea's largest steel supplier, will build a plant in Argentina to produce lithium, the main ingredient of rechargeable batteries. The company said on February 15 that it held on the previous day a groundbreaking ceremony in the country's northwestern province of Salta, with 20 dignitaries in...
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AJU Business Daily(http://eng.ajunews.com/korea)
Seoul accuses Pyongyang of diverting Kaesong wages to leader's fund
A shadowy body controlling North Korean leader Kim Jong-Un's slush fund was thrown into the spotlight Monday after Seoul accused Pyongyang of diverting income earned in a susp…
South Korean shares drop further as fears grip global market.
South Korean shares slid further Friday after they suffered its biggest fall in more than 3-1/2 years in the previous day, battered by a global selloff of r…
[UPDATES] North Korea seals off Kaesong complex
[Aju News DB] North Korea sealed off an inter-Korean joint industrial zone Thursday, condemning South Korea's decision to shut it down as a "dangerous" provocation which is tantamount to th…
North Korea in festive mood to celebrate rocket launch
North Korea has drawn hundreds of thousands of citizens into the streets of Pyongyang for a hero's welcome to scientists involved in its long-range rocket launch, state …
[UPDATES]South Korea shuts down Kaesong industrial park
South Korea on Wednesday announced the shutdown of an inter-Korean joint industrial zone near the border in retaliation for North Korea's dauntless push for nuclear and missil…
Doubt over North Korean missile technology
South Korea on Tuesday expressed doubt over North Korea's ability to produce a useful intercontinental ballistic missile after tracking its latest rocket
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ETNEWS(http://english.etnews.com/)
LG Electronics to Introduce New Tone Plus Product at MWC 2016
LG Electronics made an announcement on the 14th that it is going to introduce a new neckband Bluetooth headset tone plus product called ¡®HBS-1100¡&...
SK Telecom Exchanges Memorandum of Understanding with Ericsson about De...
Development of trial network, which is to verify 5G mobile telecommunication technology and performance of service, is about to start. SK Telecom made an announcement...
G2Touch Distinguishes Itself in Touch Markets
A South Korean business is receiving attention for changing dynamics in large touch-screen markets that are dominated by Taiwanese businesses. Although number of demands...
LG Electronics’ Best Shop Emerges As Charging Stations for Electric Vehicles
It is possible now to charge electric vehicles at all of LG Electronics¡? Best Shops regardless of types and manufacturers of electric vehicles. According to industry on the 14th, LG Electronics¡? di
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MaeilBusinessNewsKorea (http://www.pulsenews.co.kr/ )
Samsung Engineering sells 99.9 percent of new shares in rights offering
Samsung Engineering Co., an engineering unit of South Korea’s large conglomerate Samsung Group, sold 99.9 percent of the new shares ...
European investors keep up longest selling spree and likely to continue for
Foreign investors have been net-selling Korean shares for the longest period ever - 37 straight trading days - and leading the ...
Daewoo International discovers gas at its well off Myanmar
South Korea’s trading firm Daewoo International Corp. said it has discovered gas at its well off Myanmar last month, which is ...
Orion reaps record high profit in China for 2015
South Korean confectionery maker Orion Corp. reported record earnings in China last year, solidifying its position in the country’s ...
N. Korea expels S. Korean nationals in Kaesong Industrial Complex
North Korea Thursday announced it has put the Kaesong Industrial Complex under military control and expel South Koreans from the ...
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The Korea Post news:
3D customized total replacement and stem cell treatment
YonseiSarang Hospital stands out in specialized treatment of joint patients
What part of the body is most frequently used in man’s every-day life?
Perhaps it comes in the order of neck, waist, shoulders and legs. Many people complain pain in the neck that comes from the fast-increasing use of smart phones. Then come the patients who complain pain in the neck that comes also from excessive use of smart phones.
Also on the fast increase are people suffering from obesity from lack of exercise who complain pain in the waist and knee joints. People who spend much time on computers also complain pain in the shoulders.
(The Korea Post is organizing a tour of for the ambassadors and madams to this Hospital on Friday March 4, 2106 where the diplomats are offered a free medical check-up. Please scroll down to the end of this article for a detailed itinerary. Please scroll down to the end for a detailed article and more photos on the Hospital?Ed.)
Dr. Koh Yong-gon, CEO and president of YonseiSarang Hospital
These working people are treated at the neurosurgery and orthopedic departments of the hospitals.
There are so many hospitals in Korea that treat patients suffering from joint and spine problems and naturally competition among them is very keen.
Among them is the YonseiSarang Hospital in Seoul. This hospital was established by the graduates of Yonsei University in Seoul, a most prestigious private university in Korea, and has been growing very fast in spite of the keen competition among hospitals. YonseiSarang specializes in the treatment of patients suffering from joint and spine problems. The Hospital is one of the largest in Korea that specialize in the treatment of patients suffering from joints and spine.
Established in 2003, the Hospital has a motto and slogan reading, “We provide the best treatment and give hopes to the patients!” Thus the Hospital tries to free the patients from the pains and worries of their spine and joint.
The YonseiSarang Hospital is well known not only among the Seoulites but also the people in the countryside. This is why a large number of patients visit the Hospital also from all parts of the country.
PresidentKoh Yong-gon (M.D.) of the Hospital makes it a rule to visit the patients in the countryside once or twice each month, who have undergone treatment at his hospital, to see how they are faring after their treatment at his hospital as well as providing the local people with medical consultation.
The Hospital has doctors specializing in the many different fields such as knees, shoulders, feet, spine and various other parts of the human body and this is why the Hospital is so widely known among the patients for fast recovery from their problems.
The YonseiSarang Hospital is located in the Gangnam District south of the Han River in Seoul, and has a staff of a total of over 300 persons, including 20 doctors.
Two main buildings of the YonseiSarang Hospital in Gangnam District in Seoul
The Hospital makes substantial investments in R&D, which makes distinction from otherhospitals covering spine and joints.
President Dr. Koh says: “We have developed a ‘3D customized total replacement system’ which has substantially improved the existing system--solving various problems in the existing system.” He said, “Furthermore, the YonseiSarang Hospital is known for the largest number of papers published overseas on the subject of ‘autologous adipose stem cell’ which is a system where cell is extracted from the patient’s buttocks, abdomen and thighs (where there is much fat) and injecting them into the knee joint.”
“Thus,” says Dr. Koh, “We have successfully differentiated ourselves from other hospitals in terms of superiority of the doctors’ competence and skills.”
Furthermore, the YonseiSarang Hospital has an International Medical Treatment Team making itself an internationalized hospital and public relations efforts are being made for a wider dissemination of this information.
Dr. Francesco Perdisa from Bologna University in Italy (fourth from right) poses with the doctors of the YonseiSarang Hospital at the time of his visit to the Hospital for a joint research on stem cell.
As a result of this development, an increasing number of patients are visiting from various countries of the world, including Russia, Kazakhstan, Mongolia, China and the United States. The Hospital is also preparing to establish in various countries of the world rehabilitationcenters and cell treatment centers for the treatment of the local patients.
At present, the Hospital has coordinators who speak fluent foreign languagessuch as Russian and Mongolian as well as English, which greatly helps in eliminating languages barriers faced at the time of treating patients of different nationalities.
CEO Dr. Koh (right) poses with Dr. Allan Mishra from Stanford University during a joint research
Also, doctors come to the Yonsei Hospital from various countries of the world, including Indonesia, Germany and Mongolia to learn the advanced medical skills from Yonsei. The YonseiSarang Hospital also concluded a medical cooperation agreement with various hospitals in Italy, Japan, China and Malaysia.
The YonseiSarang Hospital plans to establish for the first time among the joint-spine hospitals in Korea a Stem Cell Institute to free the knee-joint patients from their pain and anxiety and to help them have new hopes. At this hospital, cell is extracted from the fatty part of the human body such as buttocks and abdomen and injected into the joints of the patients, especially the senior citizens, who suffer much pain due to aged and over-taxed cartilage. The injected cells cause regeneration of the cartilage. Extensive studies and researches are being conducted at the Hospital in that area.
At present, the new method is being used for the patients suffering from knee bone problems but the range of its use is expected to be expanded to the shoulders, spine and other parts of the human body.
A researcher of Stem Cell Instituteis doingan experiment.
Another epochal development of treatment method is through the use of ‘tailor-made’ 3D man-made joint, which was developed for the first time in Korea. The artificial joint enhances the accuracy of operation as it is done after completely checking the state of the patient.
In contrast with the existing man-made joint where the ready-made joints are used, the newly developed 3D order-made joints are created through the use of a new method where the joint of the patient is ‘reconstructed’ based on MRI photography where the patient’s knee bone is reconstructed through 3D printing. This helps the creation of an artificial knee bone that is best fit to the patient.
The new method reduces the possible complication to the minimum compared with the existing method, and substantially reduces the operation time. The life span of the man-made joint, too, is more than 25 years compared with the 15 years of the existing ones. This is why the new artificial joints at the YoniseiSarangHospitalare very popular among the knee patients.
Patients from Russia, Kazakhstan and Uzbekistan at the entrance of the YonseiSarang Hospital
Too, the YonseiSarang Hospital is equipped with special rehabilitation center facilities where the patients experience much shorter period of rehabilitation compared with other hospitals. This greatly helps the patients shorten the period of rehabilitation as well as the recovery period of the patents after operation. The patents greatly appreciate this and many of them have written letters of appreciation to the doctors who have treated them.
The RehabilitationCenterof the YonseiSarang Hospital is making preparations to enter Ulan Baatar, the capital city of Mongolia, in 2016 and this will be extended to Kazakhstan and Russia.
Mongolian staff members at the YonseiSarang Hospital booth at the 2015 Mongolian International Health Fair.
The Hospital has been selected by the Ministry of Health and Welfare as a Joint-specializing Hospital and a Globalized Hospital for Overseas Operations.
The Hospital has also won a Grand Prize in the field of joints for three consecutive years in the Medical Korea program organized by the Ministry of Health and Welfare from 2009 to 2011.
The YonseiSarang Hospital continues to make extended efforts to maintain the status of the most qualified hospital in the treatment of joints and spine.
Rehabilitation Center at the YonseiSarang Hospital
A doctors from Siloamal Int'l Hospital in Indonesia visited the YonseiSarang Hospital to discuss the possibility of a joint research with the YonseiSarang Hospital.
Invitation to the Ambassadors and Spouses to the Tour of YonseiSarang Hospital
CEO & Doctor Koh Yong-gon of YonseiSarang Hospital in Kangnam District south of the Hann river cordially invites
the Ambassadors and their Spouses to a tour of various facilities of his Hospital on Friday March 4, 2026. Itinerary follows:
10:00-1200 Hours: Arrive at Hospital, introduction between the host and guests, presentation of a memorable gift to each
Ambassador, video showing on Hospital, tour of hospital facilities, medical check-up for diplomats,
question and answer session and various other interesting programs for the ambassadors and madams.
10:10-1330 Hours: Luncheon hosted by the CEO-President for the ambassadors and madams
1330-1700 Hours:Tour of various facilities of the Hospital and medical consultations.
For questions on the Tour, please call Ms. Kim Jung-mi at 2298-1740/2, 010-3388-1682, or
Chairman Lee Kyung-sik at 010-5201-1740 (English)