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The Korean daily media headlines and humorMarch 31, 2016

The Korean daily media headlines and humor

Thursday, March 31, 2016

Your Excellency:

Here areThe Korea Postnoticesanda 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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There are only six days to inspect the Hyundai Steel Plant and take the Dangjin Tour on April 8!

Please don’t miss the bus!

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

Your Excellency:

The countdown has begun and now there are only seven days to the important Tour of Hyundai Steel and Dangjin for the Excellencies and Madams. See what Hyundai and Dangjin have for the promotion of prosperity of your country through economic-industrial-tourism cooperation!

1. Meet, have luncheon with the CEO and leaders of the famed Hyundai Steel, explore business opportunities with your country.

2. Have hands-on experience in the 600-year-old traditional Korean game of Tug-of-War.

3. It is UNESCO Culutural Heritage.

I am pleased to inform Your Excellency that Mayor Kim Hong-jang of the Dangin City cordially invites Your Excellency and Madam to theDangjinGijisi 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§ion=165&category=191&no=912

Here is the interesting schedule:

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 with the Management of the Company.

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/)

Pres. Park Embarks on US Trip to Attend Nuclear Security Summit

President Park Geun-hye embarked on a trip to the United States and Mexico on Wednesday.

Official Campaigning Begins for General Elections

Revised Bill to Ease Regulation on S. Korean Universities' Overseas Campuses

Pres. Park Embarks on US Trip to Attend Nuclear Security Summit

BOK Chief: S. Korea's Growth Rate May Not Reach 3%

S. Korea Tops World Ranking in R&D Spending Portion

Gov't to Stress Need for Multilateral Currency Swaps at G20 Meeting

'Pressure Rather than Dialogue Needed to Make North Korea Change'

N. Korea Fires Short-Range Projectile

N. Korea Blames US Ahead of Nuclear Security Summit

Daily NK: N. Korea Uses Trains to Smuggle Foreign Cash

Washington Reiterates Need to Deploy THAAD in S. Korea

Hijacker of Egyptian Plane Arrested; Passengers Released Unharmed

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

S. Korea's industrial output rebounds 2.4 pct on-year in Feb.

South Korea's industrial output rebounded in February to snap a three-month losing streak on a rise in the chips and chemicals sectors, a government report showed Thursday.

Production in the mining, manufacturing, gas and electricity industries gained 2.4 percent last month from a year earlier, according to the report by Statistics Korea. Compared with a month earlier, industrial output also rose 3.3 percent.

BMW to recall 3,296 sedans for airbag problems

BMW Korea Co., the local unit of the German carmaker, will recall a combined 3,296 of the 3 series and 5 series sedans for problems with their airbags as part of the company's worldwide recall plan, the South Korean transportation ministry said Thursday.

S. Korea's manufacturing sentiment hits 5-month high for April

South Korean manufacturing companies' business sentiment for April hit a five-month high with both large and smaller firms expecting improved conditions down the road, a poll showed Thursday.

White House rejects Trump's idea of allowing S. Korea to go nuclear

The White House on Wednesday rejected Republican presidential front-runner Donald Trump's idea of allowing South Korea to go nuclear in response to North Korean threats, saying it could give Pyongyang justification for its nuclear development.

N. Korea key topic for Obama-Xi summit: White House

North Korea will be a key topic when U.S. President Barack Obama holds a summit with Chinese President Xi Jinping this week, the White House said Wednesday.

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

Seoul rolls out weapons plan to counter N.K. threats

South Korea on Wednesday announced plans to introduce new weapons to counter nuclear and missile threats from North Kore...

Korea’s justice system fails foreign rape victims

When AirdreMattner decided to join a pub-crawl with her friends to meet new people in Seoul, t...

Koreans becoming more prone to rage

Kim Myung-hun (not his real name), a 29-year-old worker at one of South Korea’s biggest home s...

KOSPI surpasses 2,000 on dovish Yellen

U.S. Federal Reserve Chair Janet Yellen’s dovish remarks that it will go slow with interest ra...

Hanwha hits Doosan DST target

Hanwha Techwin has been chosen as a preferred bidder for Doosan DST by Doosan Group and DST’s sales mana...

Job inheritance

The Ministry of Employment and Labor has found that a quarter of the nation’s corporations ...

Vulnerable pensions

The government has unveiled a set of measures to improve the long-term sustainability of the...

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

Korea’s justice system fails foreign rape victims

When AirdreMattner decided to join a pub-crawl with her friends to meet new people in Seoul, t...

Koreans becoming more prone to rage

Kim Myung-hun (not his real name), a 29-year-old worker at one of South Korea’s biggest home s...

KOSPI surpasses 2,000 on dovish Yellen

U.S. Federal Reserve Chair Janet Yellen’s dovish remarks that it will go slow with interest ra...

Hanwha hits Doosan DST target

Hanwha Techwin has been chosen as a preferred bidder for Doosan DST by Doosan Group and DST’s sales mana...

Job inheritance

The Ministry of Employment and Labor has found that a quarter of the nation’s corporations ...

Vulnerable pensions

The government has unveiled a set of measures to improve the long-term sustainability of the...

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

President Park arrives in Washington for nuclear security summit

President Park Geun-hye arrived in Washington on Wednesday (local time) to attend the nuclear security summit. It is her first ov…

U.S. to deploy THAAD in S. Korea despite China’s objection

Ahead of the fourth Nuclear Security Summit to be held in Washington D.C. on Thursday (local time), U.S. Deputy Secretary of Stat…

Kim Hyun-soo excluded from 25-member roster

Kim Hyun-soo of the Baltimore Orioles has been excluded from the 25-member roster of his team for the season’s opener after all. …

Late football legend Cruyff's family chooses 'soccer' over 'motherland'

Will the name of Johan Cruyff, "legendary player of total soccer" who died on Thursday last week, return to his motherland of the…

Samsung Pay starts in China, competes with Apple

Samsung Electronics said Tuesday it launched its mobile payment service Samsung Pay in China by partnering with China's largest c…

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…

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

Giant Chinese Tour Groups Pour into Korea

A growing number of massive tour groups from China are pouring into Korea. Kicking off the flood of visitors this year were 6,000 sales reps for a cosmetics and health supplement outfit. They arrived here earlier this week aboard 158 airplanes as part of a bonus trip. >> Full Text

Diesel Emissions Fingered in Toxic Smog

Smog blanketing Korea on Tuesday contained up to four times the usual level of tiny PM2.5 toxic particles that penetrate deep into the lungs. Part of the smog is blown into the Korean Peninsula from China, but experts say the main culprit is diesel car emissions here. >> Full Text

Gov't Files Complaint Against Mercedes-Benz

The government has asked prosecutors to investigate Mercedes-Benz for allegedly selling cars with transmission specs that differ from what it reported to authorities. The Ministry of Land, Infrastructure and Transport filed a complaint with prosecutors Tuesday against Mercedes-Benz. >> Full Text

N.Korea Fires Projectile into Inland Area

3 Out of 4 Korean Billionaires Inherited Their Wealth

Half of Gangnam Rentals Now Let for Monthly Charge

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

Civic group filing lawsuit against NIS over data collection

Plaintiffs hope that lawsuit will “blaze a trail” over NIS’s collection of individuals phone records

On Mar. 28, civic group People’s Solidarity for Participatory Democracy (PSPD) announced that it would be making a freedom of information request and filing a lawsuit for damages against state institutions including the National Intelligence Service (NIS) and the police and prosecutors that have viewed individuals’ telecommunications data.

At Nuclear Security Summit, Pres. Park to meet with leaders of US, China, Japan

The Nuclear Security Summit, which will take place in Washington, D.C., from Mar. 31 to Apr. 1, offers the leaders of South Korea, the US, China and Japan their first opportunity to convene since North Korea’s fourth nuclear test. During a series of meetings, these leaders will discuss how to respond to North Korea‘s nuclear program.

Navy files suit for losses against locals that opposed naval base in Jeju

The South Korean Navy is demanding damages from local groups and residents in Jeju Island for “taxpayer losses” incurred by their opposition to the construction of a new naval base.The groups targeted include the village association of Gangjeong in the city of Seogwipo.

At second Sewol hearing, victims’ families bristle as crewmembers “can’t remember”

It was the morning of Mar. 28, and the second hearing was being held for the special fact-finding commission into the sinking of the Sewol ferry [in Apr. 2014]. For an instant, there was tension in the air of the multi-purpose hall on the eighth floor of Seoul City Hall, where the hearing was taking place.When the crew of the Sewol entered the hall for the hearing, there was a stir from the gallery. Crewmembers including Lee Jun-seok, the captain, and Kang Won-sik, the first mate, were wearing their blue prison garb, along with hats and masks to cover their faces.

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

Saenuri chairman to step down after election

The ruling Saenuri Party Chairman Kim Moo-sung announced Wednesday he will resign early from his chairmanship immediately following the April 13 general election…

40-somethings hold swing vote

People in their 40s hold the swing vote in many constituencies in the upcoming April 13 general election…

Defense plan for 2017-2021 focuses on North threats

As Pyongyang continues to develop its submarine-launched ballistic missiles (SLBM), the South Korean…

DSME may have cooked its books in 2013, 2014

Daewoo Shipbuilding & Marine Engineering (DSME) has revised its earnings reports for 2013 and 2014 due to…

Hyundai Securities decision put off again

The announcement of the winning bid for Hyundai Securities is being delayed again, as the third and smallest bidder…

Sulwhasoo opens the largest cosmetics boutique in Korea

Sulwhasoo, a luxury brand from top cosmetics producer AmorePacific, opened an independent boutique…

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

Girls, Enjoying Unexpected Popularity among Girls

"Vote for your girl." Produce 101, which was first aired on Mnet last January, has recorded high ratings amidst a stream of controversy due to its provocat···

[Editorial] The Truth of the Sewol: Hearing Testimonies Confirm Need for Special Prosecutor

April 16 will mark the second anniversary of the Sewol tragedy, which took the innocent lives of 304 people. It was an overwhelming tragedy caused by the greed ···

[April 13, 2016 Parliamentary Elections] The Gap Between the Rich and the Poor Widens Even When It Comes to Voter Turnout

Gim (58) has hardly ever taken a break from work during the thirty years that she has been married. She was practically forced to work because she couldn't rai···

Wives Suffering from Depression Because of Retired Husbands and an Aging Society

A wife with a retired husband is 70% more likely to suffer from depression than a wife whose husband still goes to work, whereas the impact of a wife's retirem···

[D-16 to April 13, 2016 Parliamentary Elections: Ruling and Opposition Parties Enter Election Mode] A War of Numbers: Saenuri 150 Seats, TheMinjoo 130 Seats, People's Party 40 Seats

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

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

No. of ISA Signees Surpasses 1 Mil. within 17 Days

The number of people who have signed up for newly offered individual savings account products has surpassed 1 million within only 17 days, said the Financial Services Commission on March 30. According to the financial regulator, the number of those who enrolled in ISA plans that have been on offer s...

Market for Larger-sized New Apartment Homes Revives Thanks to Twixters

The market for larger-sized apartment houses bigger than 85 square meters (915 sq.ft) is slowly reviving after years of too many unsold units. Real estate market experts explained this is because of the rise of "twixters," an army of young adults who are not financially independent and live with the...

Ulsan to Set up Solar Plant to Supply Power to 3,400 Households

Korea Hydro & Nuclear Power Co. announced on March 29 that it will build a 5-megawatt-class solar power plant at a 90,000-square-meter abandoned site in the neighborhood of Shin-Gori No. 3 and 4 nuclear reactors in Ulsan. The solar power plant will have the capacity of supplying electric power suffi...

Warehouse-type Outlet Stores Grow Faster Than Online Malls

Unlike large discount stores whose sales remain stalled, giant warehouse-type discount stores are enjoying a robust growth in sales. This type of discount stores are emerging as a new growth engine for the retail industry as they attract an increasing number of consumers on the back of price competi...

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

Pyongyang's solid-fuel engine appears to be real: US expert

North Korea's recent solid-fuel rocket engine test appeared to be "real and successful", representing a step forward in its ballistic missile program, a US…

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…

[AJU VIDEO] North Korea threatens US with propaganda video

[DPRK Daily] 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

[Courtesy of the presidential Blue House] South Korean President Park Geun-hye posted a ten percent increase in her personal wealth, but her performance approval

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

LG Siltron Withdraws from LED and Solar Energy Wafer Businesses

LG Siltron, which is an unlisted wafer production company of LG Group¡?s affiliate, was able to convert its loss into surplus in 2 years. It withdrew fr...

JUNGBU ESCHEM Co., Ltd. Enters Coating Market for Automobiles and H...

JUNGBU ESCHEM Co., Ltd, which is a business that specializes in coating for mobile devices, is newly entering coating and adhesive markets for automobiles and househol...

SM Instrument’s to Export Its Sound Cameras

Sound camera that is developed by a South Korean company is receiving attention globally because demands for devices that can measure even quiet sound have rapidly incr...

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

Hanwha Techwin selected as preferred bidder for Doosan DST

Hanwha Techwin Co., a defense arm of South Korean large conglomerate Hanwha Group, was picked as the preferred bidder for Doosan ...

Eugene Group’s hostile takeover attempt of Tongyang fails

South Korea’s Tongyang Inc. successfully foiled a hostile takeover attempt from Eugene Group, the country’s ready-mixed ...

LG Display to make turnaround in Q2 on rebounding panel price

LG Display Co., South Korea’s leading panel maker, is expected to have fared better than originally feared in the first quarter ...

E-Land Group should raise more than $1.2 bn from business sales to maintain

E-Land Group, a South Korean retail chain, is fighting off debt by selling key businesses but it will have to raise more than ...

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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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