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The Korean daily media headlines and humorMarch 29, 2016

The Korean daily media headlines and humor

Tuesday, March 29, 2016

Your Excellency:

Here are The Korea Post notice and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today:

/s/

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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Invitation to the DagjinGijisi Tug-of-War Festival (UNSESCO Cultural Heritage)

Your Excellency:

I am pleased to inform Your Excellency that Mayor Kim Hong-jang of the Dangin City cordially invites Your Excellency and Madam to the DangjinGijisi Tug-of-War Festival (UNESCO Cultural Heritage) on Friday April 8, 2016. The Korea Post organizes the tour at the invitation of Mayor Kim, which also includes a visit to the famed Hyundai Steel Mill.

/news/view.html?smode=&skey=tug-of-war&x=11&y=9&section=165&category=191&no=912

Schedule follows:

0820 hours Friday April 8, 2016: Meet at Grqand Hyatt Seoul(near Water Fountain).

0830-1100 hours: Move by Limousine Bus to Dangjin by picturesque West Coast Expressway, visiting the Hyundai Steel Plant on the way to Dangjin.

1100-1140 hours: Visit the Gijisi Tug-of-War Museum.

1200-1340 hours: Luncheon at the Hyundai Steel Guest House hosted by Major and Mrs. Kim Hong-jang of the Dangjin City.

1400-1420 hours: Wear traditional Korean costumes of the King, General and Court ladies.

1430-1640 hours: Have hands-on experience in various local cultural events, including participation in the Gijisi Tug-of-War and Rice wine- and Sake-making.

1700-1830 hours: Move back to  Seoul arriving at Grand Hayatt Seoul by 6:30 p.m.

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

The Korea Post phones: 2298-1745 or 2298-1740/2, mobiles 010-3388-1682 (Korean) and 010-5201-1740 (Chairman Lee Kyung-sik).

RSVP: Yes, my spouse and I will attend_______. I will attend alone_______.

Mobile phone of driver or secretary:_________________________.     Regrets:_____.

(Please mark the blank spaces above and below with an X or Tick and revert to edt@koreapost.com.)

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Special Notices:

Send your latest Embassy news releases toThe Korea Post for publication

Your Excellency:

Please transmit your latest press release(s) to edt@koreapost.com or korpost@chol.com for publication by the five media outlets of The Korea Post, including the Korean-language Internet newspaper (www.koreapost.co.kr), English website (www.koreapost.com) and the Korean-language newspaper (http://pdf.koreapost.co.kr/13/1301.pdf).

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman of The Korea Post

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A quick roundup of major news stories from Korean media:

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

Park to Hold Talks with Leaders from U.S. China, Japan at Washington NSS

President Park Geun-hye will leave for Washington on Wednesday to attend the Nuclear Security Summit and hold a series...

Consumer Sentiment Improves for the First Time in 4 Months

Pyeongchang Olympics Open Instagram Account

Park to Hold Talks with Leaders from U.S. China, Japan at Washington NSS

S. Korea Condemns Terror Attack in Pakistan

Defense Chief Instructs Rocket Battalion to Punish N. Korean Provocations

Consumer Sentiment Improves for the First Time in 4 Months

Finance Minister Vows Intensive Fiscal Reforms

KOSPI, KOSDAQ Close Lower

Gov't: Harsher Threats Due to Loyalty Competition

S. Korean Aid Group Delivers TB Medicine to N. Korea

N. Korea Threatens Attack on Seoul

Pakistan Bombing Leaves 72 Dead, 300 Wounded

S. Korea Clinches Sixth Straight Abilympics Win

US Senator Protests S. Korea's Medicine Pricing Policies

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

Rival parties launch campaign committees, head into full-scale election mode

Ruling and opposition parties launched campaign committees Monday for next month's parliamentary election and went into full-fledged election mode.

The April 13 polls will elect a total of 300 lawmakers for a four-year term, with 253 of them to be selected through direct elections and the remaining 47 proportional representation seats to be allocated to parties according to the numbers of votes that they receive overall.

Lippert rejects Trump accusations that S. Korea gets defense free ride

U.S. Ambassador to Seoul Mark Lippert on Monday dismissed accusations by Republican presidential front-runner Donald Trump that South Korea is paying little to keep American troops on its soil.

S. Korea to lower barrier on permanent residency visa for professionals

South Korea will relax requirements for issuing permanent residency visas for foreigners who are specialized in research and development, the government said Monday.

S. Korea condemns terrorist attack in Pakistan

South Korea's Foreign Ministry on Monday strongly condemned a terrorist attack in the eastern Pakistani city of Lahore that left dozens of people dead and hundreds injured, vowing to step up efforts to stamp out terrorism.

China gives muted reaction to Trump's foreign policy comments

China gave a muted reaction on Monday to comments by Republican presidential front-runner Donald Trump that if he was elected the U.S. president, he would consider letting South Korea and Japan build their own nuclear weapons.

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

Cheong Wa Dae steps up security checks

President Park Geun-hye on Monday called for airtight defense readiness and “dominant” deterrence against North Korea ...

South Korea's foreign worker policy founders

Foreign workers in South Korea are concentrated in labor-intensive industries despite growing c...

SKT, Samsung to build IoT hub

Korea’s largest network operator SK Telecom said Monday it will team up with Samsung Electroni...

Valuation worries weigh on Medytox

This is the fifth in a series of articles analyzing the top 10 companies by market capitalizati...

Lydia Ko takes 11th LPGA Tour title

Lydia Ko won the Kia Classic on Sunday at Aviara, reaffirming her position as the top player in the world...

Attraction and carelessn...

Many Korean universities claim to be going global. However, it seems that most of them are s...

China’s chip challenge

A Chinese manufacturer is poised to pour $30 billion of investment into the semiconductor bu...

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

Trump's remarks fuel debate over S. Korea's nuclear armament

Analysts said that it is noteworthy that the U.S. political heavyweight has raised the possibility of the South's nuclearization. But they dismissed Trump's remarks as part of his "surreal and populist" campaign rhetoric. "His m...

S. Korea trounces Algeria again in football friendly 

The South Korean men's Olympic football team beat Algeria 3-0 for their second straight victory ov... 

Hazing rituals for freshmen still rampant on campus 

It’s no secret that excessive drinking and sometimes violent hazing happen at welcoming parties fo... 

'Comfort women' file petition to nullify Korea-Japan accord

A group of former “comfort women” has filed a petition with the Constitutional Court, arguing that... 

N. Korean leader's sister marries scientist, report says 

Kim Yo-jong, the younger sister of North Korea leader Kim Jong-un and a key member of the ruling W... 

Minjoo raises calls for alliance 

The main opposition Minjoo Party of Korea (MPK) asked the minor opposition People’s Party and Just...

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

Taliban’s Easter suicide bombing rips through a children’s park

On Sunday (local time), a suicide bombing suspected to have been perpetrated by Taliban took place at a children’s play area in L…

Kim Jong Un's sudden change of tack toward down-to-earth approach

First Secretary of the Workers’ Party of North Korea Kim Jong Un, who had been bent on drills designed to strike the South Korean…

Lydia Ko wins Kia Classic, targets ANA Inspiration

Lydia Ko (19) and Park In-bee (28), who are ranking first and second in the world, respectively, said unanimously “The biggest ga…

SNU Law School to offer a full scholarship to low-income students

The Seoul National University School of Law will offer a full scholarship to students who are from the lowest 50 percent of house…

Seniors account for 25% of bankruptcies early this year

The so-called "bankruptcy in retirement" is becoming rampant, which means more seniors are getting poor because they cannot find…

Ahn Chul-soo reports largest amount of assets among lawmakers

Ahn Chul-soo, co-leader of the minor opposition People’s Party, is the richest lawmaker in the 19th National Assembly, seeing his…

Political turmoil between Cheong Wa Dae and Saenuri Chairman Kim Moo-sung

The ruling Saenuri Party’s Chairman Kim Moo-sung has announced on Thursday that he would not confirm the nominations for five con…

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

Gov't to Waive Entry Ban for Illegals Who Leave Voluntarily

Illegal immigrants will be temporarily exempted from a re-entry ban if they voluntarily leave the country, the Justice Ministry said Sunday. But the ban will be extended to five years for those who fail to leave, and their employers will also be punished. >> Full Text

Divorcing Parents to Attend Mandatory Classes

Parents who want to divorce will have to take parenting classes before they go their separate ways, the Seoul Family Court said Sunday. The measure goes into effect in May. Failure to attend the classes will result in the divorce application being denied. >> Full Text

Per-Capita Income Drops for 1st Time in 6 Years

Korea's per-capita gross national income fell for the first time in six years last year as growth plunged below three percent and the won weakened. Per-capita GNI has been stuck below US$30,000 for 10 years, leaving the country floundering in a middle-income trap. >> Full Text

N. Korea Practices Artillery Strike on Cheong Wa Dae

Asiana to Impose Penalty for No-Shows

Korea, China Mark 100 Days of FTA

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

Household income falls as a portion of S. Korea’s GDP

OECD report finds South Korea has the second-largest drop in household income among member states

Household income has sharply declined as a portion of South Korean gross domestic product (GDP) in the past twenty years. The findings mean households account for a lesser portion now in terms of economic growth distribution. A recent report by the Organization for Economic Co-operation and Development (OECD) titled “Economic Policy Reforms 2016: Going for Growth” examined the rate of increase in household income as a portion of GDP for its member states between 1995 and 2013 or 2014.

Lawyers group constitutional complaint over comfort women agreement

On Mar. 27, MINBYUN-Lawyers for a Democratic Society filed a complaint with South Korea’s Constitutional Court objecting to the comfort women agreement reached recently by South Korea and Japan’s foreign ministers. In the complaint, MINBYUN is representing 29 former comfort women and 41 relatives of the comfort women (both surviving and deceased).

100 years of Korean-Japanese experiences come to the stage

“Who am I? What do I do? Am I Japanese, am I Korean - or am I South Korean? South Korean . . . can you judge a person simply by nationality? They say I’m a member of the race, but it doesn’t feel that way with me at all. I came to hate myself for the way I had my nationality and became so servile in front of Japanese people.”These lines spoken by the Korean-Japanese character Dong-hee offer a glimpse at the kind of lives people like him have experienced. The April 3 Uprising in Jeju,

North Korea threatens attack if Pres. Park doesn’t apologize for “treason”

North Korea threatened a strike against the Blue House if President Park Geun-hye does not issue a public apology for “treason.”In an “ultimatum” released on Mar. 27, the long-range artillery force of the North Korean People’s Army large combined unit described “the attempt to harm our ‘military first’ Sun” as “an unforgivable crime.”

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

Incheon welcomes Chinese tour group of 5,400

An overpowering smell of freshly fried chicken filled the air on Incheon’s Wolmido as thousands of Chinese tourists gathered Monday for a taste of Korea’s most popular snack combination, chimaek, or chicken and maekju (beer)…

New technology plan cuts a path to rapid progress

The government has unveiled a new plan to help regions specialize in targeted industries by offering…

Saenuri promises pain if indies are supported

The ruling party vowed on Monday to punish any member who supports candidates who left the party to run…

Now Korea wants China’s FDI

Expectations are high that the Korea-China Free Trade Agreement (FTA) will be good for exports…

U.S. Congress members visit Hyundai Motor

Members of the U.S. Congress visited the Namyang R&D center of Hyundai Motor, the nation’s No. 1 automaker…

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

A War of Numbers: Saenuri 150 Seats, The Minjoo 130 Seats, People's Party 40 Seats

■Saenuri Party Faces Side Effects from Horrible Candidate Nominations: Claim Opposition Parties Are Holding Them Back The Saenuri Party has loosely sutured ···

Incheon Screams for Joy Thanks to Generous Youke Who Ordered 3,000 Chickens for a Chicken & Beer Party

At 2 p.m. on March 27, Seoksan, an abandoned rocky mountain once a quarry until 1994, located in Songdo, Yeonsu-gu, Incheon was crowded with youke (Chinese tour···

[April 13, 2016 Parliamentary Elections] [Editorial] Is President Park Taking Advantage of the North Korean Factor to Avoid the People's Judgment in the Elections?

Yesterday, President Park Geun-hye said that North Korea threatened to strike Cheong Wa Dae and ordered tighter vigilance nationwide. Senior Cheong Wa Dae Secre···

The Worst Candidate Nominations by the Saenuri Party Triggering a “Seal Demonstration” by the Party Leader

Saenuri Party leader Kim Moo-sung announced that the party will not nominate candidates in five constituencies including lawmaker Yoo Seong-min's constituency.···

[D-20 to Parliamentary Elections: Yoo Seong-min Leaves Saenuri to Run as Independent] On the Eve of Candidate Registration, Yoo Holds a Dagger to the Pro-Park Responsible for Worst Candidate Nominatio

Saenuri Party lawmaker Yoo Seong-min (58, East 2 District, Daegu) announced his departure from the party and his bid as an independent on May 23, a day before c···

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

Banks Increasingly Rely on Loans for Their Profitability

Both banks and savers are finding it hard to park their money in profitable investment destinations. Since the Monetary Policy Committee of the Bank of Korea cut the benchmark interest rate to 1.75 percent on March 12 last year, the low 1-percent level interest rate regime has been in place. The com...

Prez. Park's Mexican Visit to Take Historic High Number of Economic Delegates

President Park Geun-hye will make a state visit to Mexico for four days between April 2 and 5 and discuss ways to expand trade and investment with her counterpart. A total of 145 delegates from the business community will accompany the President to make business deals in the Central American nation...

China in Talks with South America's Mercosur for FTA

China is working to sign a free trade agreement with Mercosur (Southern Common Market) in South America. In contrast, the Korean government had completed a joint study for an FTA in 2007 but has not progressed further. With five full members including Argentina, Brazil, Paraguay, Uruguay, and Venezu...

Incheon Enjoys "Youke" Boom

Back in January, Songdo Convensia in Incheon had pleasant worries over the lending of its international event venue. As two large-scale international events were to be held there concurrently, the convention center should have selected only one of them. The schedule of the event for a group of tour...

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

Propaganda leaflets sent to North Korea

Members of Free Fighters For North Korea are preparing balloons which would carry propaganda leaflets to North Korea [Courtesy of Free Fighters For North Korea] South Korean activists said Mo…

North Korea threatens US with propaganda video

North Korea threatened the US with a propaganda video released on Saturday, sending out a message that if the US continues provoking, the North will not hesitate to stri…

President Park's approval rating down ahead of election

South Korean President Park Geun-hye posted a ten percent increase in her personal wealth, but her performance approval rating suffered a four-percent …

North Korea stages 'largest ever' live-fire drill: KCNA

North Korean troops, watched by leader Kim Jong-un, have staged their largest-ever live-fire drill, vowing to turn South Korea's capital into a sea of flames and …

Court dismisses defamation suit filed by Kim's aunt

A Seoul court has dismissed a defamation suit filed by the US-based aunt of North Korean leader Kim Jong-Un through a South Korean lawyer

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

Financial Services Commission to Openly Test Robo-Advisor in July

South Korean Government is going to manage test zone of Robo-Advisors starting from July. This action was taken to broaden range of consumers¡? choices before...

South Korean Government to Invest $27.9 Million in Developing Origin...

South Korean Government is investing $27.9 million (32.6 billion KRW) in developing original neuroscience technologies, which is 35.5% increase from last year. By s...

Samsung Electronics to Invest $300 Million for Construction of R&D...

Samsung Electronics is going to invest $300 million into Hanoi, which is the capital of Vietnam, to construct a R&D

Samsung Electronics to Start Mass-Producing 18-Nano D-RAM

Samsung Electronics has surpassed ¡®unbreakable barrier¡? of D-RAM fine processing technology and started mass-producing 10-nano range D-RAM for the first time in the world. Other domestic and foreig

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MaeilBusinessNewsKorea (http://www.pulsenews.co.kr/ )

LG Elec unveils LG Signature lineup in Korea

South Korea’s LG Electronics Inc. on Monday officially launched LG Signature, its luxury appliance brand, at home in a bid to improve the company’s brand awareness and reputation amid intensifying competition from Chinese electronics makers that have been making fast inroads in the global electronics market with affordable products with improved quality.

Doosan Group Chairman Park Jeong-won promises aggressive business management

Doosan Group Chairman Park Jeong-won has vowed to take a bold approach to ensure the group`s business to take a leap again on ...

S. Korea’s E-land names KKR as preferred bidder for Kim’s Club

South Korean retail giant E-land Group said Monday that it named New York-based private equity firm (PEF) KKR & Co. L.P. as the ...

Young members of Korean conglomerates’ founding families engage in IT to

South Korea’s family-controlled conglomerates are taking notice of the synergy innovative information technology (IT) creates ...

S. Korea’s Kumho Asiana Group Chairman readies his son Park Se-chang for

Kumho Industrial Co., the de facto holding company of South Korea’s large conglomerate Kumho Asiana Group, appointed Park ...

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The Korea Post is at your service.

The Korea Post is 31 years old this year and has 5 media units. They are all at your service.

The Korea Post, established 31 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.comor 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.comfor 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.)

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