April 22, 2016

The Korean daily media headlines and humor

Friday, April 22, 2016

Your Excellency:

Here are The Korea Post notices 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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Include The Korea Post chairman in your Kakaotalk partner list for HOT NEWS!

His personal mobile phone number is 010-5201-1740.

Chairman Lee has a lot of up-to-minute hot information to be shared with Your Excellency. Do your esteemed country a favor and bring the two great countries closer together using Chairman Lee Kyung-sik of The Korea Post, who owns and operates five print and Internet news media, including Korean-languagewww.koreapost.co.kr, English www.koreapost.com and Korean-language newspaper http://pdf.koreapost.co.kr/14/1401.pdf. Use Chairman Lee and his five news outlets for the sake of your great country!

Many ambassadors are already Kakaotalk news sharers with Chairman Lee!

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‘Pottery art works’ created by the Excellencies and Madams at Yeongam

Shown in the photo below are the pottery works created by the ambassadors and other senior diplomats, some with their spouses, during their tour of the Yeongam County on April 7-8, 2016.

Creators of the art works, please send your driver to The Korea Post in Oksu-dong, a little distance beyond the UN Village, to claim the art works they have created during their tour of the Yeongam County.

The drivers can contact Ms. Kim Jung-mi at 010-3388-1682 or 2298-1740/2 to visit The Korea Post and claim the art works created by their Ambassadors and Madams.

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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/)

N. Korea Vows to Respond to Nukes with Nukes

North Korean Foreign Minister Ri Su-yong has protested against UN sanctions on his country, arguing its nuclear weapons program is only to counter American threats

US, China Reaffirm Strong Opposition to N. Korea's Nuke Tests

The chief delegates to the six-party nuclear talks of the United States and China have voiced strong opposition to North Korea’s nuclear tests and reaffirmed their determination to faithfully implement UN sanctions against the regime

Gov't Presses Hyundai Merchant Marine to Exert Last-Minute Efforts to Avoid Bankruptcy

Finance Minister Yoo Il-ho has warned that local shipping company Hyundai Merchant Marine will face court receivership if it fails to reach an agreement over rental fees for ships

US, China Reaffirm Strong Opposition to N. Korea's Nuke Tests

S. Korean, Japanese Lawmakers Launch Dialogue Channel

S. Korea Aims to Take 5% of Biotechnology Market Share

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

S. Korean shares open lower on U.S. losses

South Korean stocks opened lower on Friday, tracking overnight losses on Wall Street.

KOSPI regains key 2,000 level on strong foreign buying

South Korea's key stock index has broken through the psychologically important 2,000-point level this month thanks mainly to strong foreign buying and computer-aided non-arbitrage trading, industry data showed Friday.

BOK chief notes improvement but says recovery not in full swing

The chief of South Korea's central bank said Friday that uncertainties in the local and global financial markets have somewhat eased but whether such improvements will lead to economic recovery still needs to be seen.

Train derailment leaves one dead, five injured in port city of Yeosu

A passenger train derailed in southern South Korea early Friday, leaving a train driver dead and five passengers injured, police and rescue workers said.

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

Momentum builds for corporate reform

The two leading opposition parties on Thursday green-lighted the talks for corporate restructuring to overhaul the outda...

Korea’s pet culture evolves with more adoption, tailored care

Daniel Kim, who lives in Incheon, is a father of two -- both adopted and with their ages unknow...

Korea to celebrate Earth Day

The South Korean government and municipalities reaffirmed their efforts to contribute to global...

Luxury market on revolutionary path to openness, connectivity

Luxury has long been a subject of admiration and exclusivity.  Fashion products created with e...

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

Opposition party shifting to growth

The main opposition Minjoo Party of Korea (MPK) is shifting its focus from welfare to economic growth after its recent victory in the general election, where it overtook the ruling Saenuri Party as the National Assembly’s larges...

Train derailment leaves one dead, eight injured in port city of Yeosu 

A passenger train derailed in southern South Korea early Friday, leaving the engineer dead and eig... 

Hyundai Heavy to cut 10 percent of workforce 

Hyundai Heavy Industries Co., the world's largest shipbuilder by order backlog, will cut more than...

Foreign car brands hit for being stingy on donations 

Mercedes-Benz, Porsche and other foreign import car brands are found to be stingy in making social contributions, while sending the lion’s share of their earn... 

'Beer men' back in business after brouhaha 

Scrapping its initial plan, the government decided Thursday to continue to permit beer vendors to ... 

Hallyu, technology make Korea luxury hub of Asia 

Conde Nast International held its first Luxury Conference in Florence, Italy, last year, inviting ...

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Dong AIlbo (http://english.donga.com)

IBM’s AI Watson learns Korean

Watson artificial intelligence (AI) will soon be able to understand Korean,” David Kenny, general manager of IBM Watson business…

'Creative economy is Korea's only growth engine,' says Pres. Park

Creative economy based on science technologies and ICT is a challenge that we must take on for our economic breakthrough and the…

N. Korea, U.S. deny plan for bilateral contact

North Korean Foreign Minister Ri Su Yong arrived in New York on Wednesday afternoon, starting his four-day trip to the United Nat…

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Chosun Ilbo (http://english.chosun.com)

N. Korean Personnel 'Killed' in Missile Test Failure

Technicians were killed or injured and a mobile missile launcher was damaged when a North Korean medium-range ballistic missile blew up in mid-air on April 15, according to a U.S. website.

Roh Moo-hyun's Home to Open to Public in May

The Roh Moo-hyun Foundation is opening the former president's home in Gimhae, South Gyeongsang Province to the public on May 1. Roh's widow Kwon Yang-sook already moved out of what was to be their retirement home to a nearby village last fall.

Filmmakers to Boycott Busan Film Fest

This year's Busan International Film Festival is in crisis due to a feud between the Busan city government and the film industry that began last year. Filmmakers and producers have clubbed together to defend the festival's autonomy and said Monday that they decided to boycott this year's event.

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Hankyoreh Shinmoon (http://english.hani.co.kr)

Right-wing groups received funding for pro-government demonstrations

Far-right and conservative-leaning groups have organized pro-government demonstrations in which they mobilized North Korean defector groups, drawing upon funding and support from the Federation of Kor..

UN rapporteur speaks out against comfort women descriptions in Japanese textbooks

A special rapporteur for the UN has expressed serious concern about the Japanese government’s attempts to influence how textbooks describe the issue of the comfort women for the Imperial Japanese Army..

9% of South Korea’s top 500 businesses are “zombie companies”

An analysis shows 9% of South Korea’s top 500 businesses are so-called “zombie companies” that have been unable to afford even interest payments with their operating profits over the past two to three..

Yellow Sewol ribbon coming to computers all around the world

The yellow ribbon used to symbolize mourning for the 304 people lost in the 2014 Sewol ferry tragedy now lives on as part of the Unicode character set shared by computers around the world. Sources wi..

USFK commander nominee says S. Korea could consider nuclear armament

The nominee to be the next Commander of US Forces Korea said South Korea would have to consider pursuing its own nuclear armament if the US did not provide coverage with its nuclear umbrella. The rem..

South Korea hits all-time low on press freedom ranking

South Korea fell ten spots to a historic low in a yearly press freedom index ranking by the international watchdog group Reporters Without Borders (also called Reporters Sans Frontieres, RSF). World ..

Over 15 years, drop in S. Koreans’ time spent on jobs

South Koreans’ workaholic lifestyle has undergone slight changes over the past 15 years, new data show. The differences include slightly more “essential time” for sleep, eating, bathing, and other su..

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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Ri’s New York visit sparks rumors about talks

North Korean Foreign Minister Ri Su-yong arrived in New York on Wednesday to sign a global climate agreement at the United Nations on Friday, an unusual move that

led to speculation that he may be making contact with U.S. officials there.

Liberal parties vow to cooperate on restructuringThe Minjoo Party of Korea said Thursday that it would create an in-house task force to cooperate…

Prospects are grim for youth unemployment

Korea’s youth unemployment rate, which was stuck in the double digits for the second month in a row in March…

China eyes more than just game companies

Korea’s tech industry was abuzz when TriBeluga, a new Chinese start-up accelerator, announced plans…

Seoul-based incubator straddles the Chinese and American tech scenes

TriBeluga, a two-year-old Chinese incubator based in Seoul, has a unique mission: to identify promising start-ups…

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The Kyunghyang Shinmoon (http://english.khan.co.kr/)

Korea Parent Federation’s Financial Source Disclosed, "Cheong Wa Dae Ordered the Demonstrations"

As circumstances point to the possibility of the Federation of Korean Industries (FKI) providing hundreds of millions of won to the Korea Parent Federation (KPF···

South Koreans Spend Only Six Minutes a Day Reading, Amount Free Time Remains Similar

The average South Korean eats breakfast for 24 minutes from 7:49 a.m. Breakfast started ten minutes later than fifteen years ago, but lasted two minutes longer.···

Can't the Visually Impaired Ride Roller Coasters?

Is it safe for the visually impaired to ride roller coasters in amusement parks? The court will make an unusual field inspection regarding this issue on April 2···

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

33 among Top 500 Firms are Zombies

As many as 33 out of Korea’s top-500 firms turned out to be “zombie companies” which failed to cover interest rate payments with operating profits for three straight years. CEO Score, a service tracking corporate performance, examined the interest coverage ratio of the 380 companies among the nat...

Incheon City to Build Small Airport in Baengnyeong Island

The Incheon metropolitan city government will try to create a public transportation network that would make it easy to reach islands off the city within one hour. As part of this plan, the city government will build a small airport in Baengnyeong Island, the island 190 kilometers west of Incheon, so...

Gongcha Korea Tries to Break Jinx of Smoothie King and Mister Pizza

Can Gongcha Korea, which recently announced it would acquire the Taiwanese headquarters, break the jinx of Smoothie King and Mister Pizza? Currently the Korean unit of Gongcha, the tea franchise, is negotiating with the head office after signing a memorandum to purchase the 100-percent stake in Roya...

4 Bidders Participate in Sambu Construction Deal

In a deal to acquire Sambu Construction, a contractor under a workout program, four bidders have taken part in including domestic construction firms. According to investment banking sources on April 21, Deloitte Anjin LLC, the underwriter to the deal, has received four letters of intent. The seller ...

KT&G Stock Hits Record High Due to Better-than-expected 1Q Results

The stock price of Korea Tobacco & Ginseng Corp. has surged on the back of better-than-expected financial results. On April 21, KT&G was closed at 119,000 won, up 4.39 percent from the previous day. The stock was once as high as 121,500 won, hitting a record-high level.The former tobacco and ginseng...

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

Seoul snorts at Pyongyang's demand for direct interview with defectors

Seoul rejected Pyongyang's proposal Thursday that a direct interview should be arranged for the families of 13 workers who have deserted their state-cont…

Blindness undermines UN sanctions against North Korea: expert

UN sanctions aimed at curbing North Korea's nuclear and missile programs have been undermined by "blindness" shown by countries like Namibia to illicit activities by the nuc…

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

Samsung Electronics Partners Up with VeriFone

Samsung Electronics¡? mobile payment service called ¡®SamsungPay¡? is going to work with world¡?s biggest POS manufacturer called VeriFone. It seems that these two businesses will work together from

Chinese Display Panel Manufacturers Start to Invest into OLED Facilit...

Chinese display panel manufacturers are thinking about using their investments that are originally planned to be used for LCD facilities for OLED facilities. They are...

DASAN Networks to Become a Business That Makes $881 Million in Sales...

DASAN Networks announced its plan to become a business that will make $881 million (1 trillion KRW) in sales within 3 years. By using an opportunity that it gaine...

Boeing Expands Purchase of South Korean Carbon Fibers and OLEDs

South Korean material and components such as Hyosung and

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Maeil Business News Korea (http://www.pulsenews.co.kr/ )

Hyundai Heavy Industries said to cut 10% of workforce, streamline organization

Hyundai Heavy Industries Co., the world’s largest shipbuilder, is expected to cut its workforce and streamline the organization as preemptive measures to survive the protracted slump in the global shipbuilding industry.

Institutional investors dump Samsung Heavy Industries’ corporate bonds

Institutional investors have dumped their corporate bond holdings of South Korea’s Samsung Heavy Industries Co. amid growing ...

EURO STOXX 50-based futures to be listed on KRX

The Korea Exchange (KRX), the operator of South Korea’s stock market, said Wednesday that it has signed an agreement with its ...

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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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Humor from a kind-hearted former Central Asian ambassador:

Who is poor?

A wealthy woman goes to a saree store and tells the boy at the counter, "Bhaiya, show me some cheap sarees. It is my son's marriage and I have to give to my maid."

After sometime, the maid comes to the saree shop and tells the boy at the counter, "Bhaiya, show me some expensive sarees. I want to gift my Mistress on her son's marriage."

Poverty is in the mind or in the purse?

Who is rich?

Once, a lady with her family was staying in a 3-star hotel for a picnic. She was the mother of a 6-month-old baby.

"Can I get 1 cup of milk?" asked the lady to the 3-star hotel manager.

"Yes, madam," he replied.

"But it will cost 100 bucks."

"No problem," said the lady.

While driving back from hotel, the child was hungry again.

They stopped at a road side tea stall and took milk from the tea vendor

"How much?” she asked the tea vendor.

"Madam, we don't charge money for kid's milk," the old man said with a smile.

"Let me know if you need more for the journey."

The lady took one more cup and left.

She wondered, "Who’s richer? The hotel manager or the old tea vendor?”

Sometimes, in the race for more money, we forget that we are all humans.

Let's help someone in need, without expecting something in return.

It will make us feel better than what money can.

Coffee never knew that it would taste so nice and sweet, before it met milk and sugar.

We are good as individuals but become better when we meet and blend with the right people...

Stay connected.

"The world is full of nice people... If you can't find one... Be one.

(Editor’s note: Contribute the humor of your country or region and help your incumbent and former colleagues in Korea chuckle and remember you. Send the traditional and/or current humor of you country or region to edt@koreapost.com or korpost@chol.com to be shared with your colleagues and Korean friends.)

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