April 27, 2016
The Korean daily media headlines and humor
Wednesday, April 27, 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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‘In case of another Korean war: Two Koreas will suffer most, China some, US war industries will have a good time’
“If another war should break out on the Korean peninsula, the biggest victims would be the two Koreas, and then China, but the United States would not suffer hat much, on the contrary, some war industrialists could even make a lot of money,” said a seasoned Chinese journalist in Seoul in an article recently contributed to The Korea Post for publication. See further details at /news/view.html?section=158&category=167&no=1267.
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Arbitration needed for the improvement of peace in the South China Sea
An article contributed to The Korea Post by the Ambassador the Republic of Philippines in Seoul offers a fresh view on the tense situation in the South China Sea region where the interests of the different countries converge. Visit:
/news/view.html?section=165&category=192&no=1268cast a
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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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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 Promises to Boost Communication in Remaining Term
Anchor: President Park Geun-hye has sat down with editors-in-chief from the nation's key media agencies.
CBS: Obama Places Priority on Protecting S. Korea
U.S. President Barack Obama has revealed his cautious position on the option of attacking North Korea, expressing concerns about possible damage South Korea and Japan could suffer in the event.
N. Korea to Hold Workers’ Party Congress on May 6
North Korea has announced it will hold its ruling Workers' Party congress in Pyongyang next Friday.
Park to Cooperate with China on N. Korea Issues
Park Open to Korean-Style Quantitative Easing
Park: Voters Chose 3-Party Assembly
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Yonhap (http://english.yonhapnews.co.kr)
S. Korea, U.S. sign space cooperation agreement
South Korea and the United States on Wednesday signed an agreement on space cooperation, paving the way for the allies' enhanced collaboration in the exploration of outer space.
Gov't to cut red tape to create more jobs
South Korea's top economic policymaker said Wednesday that the government will push to lift or ease all but core regulations as part of its package measures to boost employment "All government departments will raise the effectiveness of policies to ease regulations and create more jobs," Finance Minister Yoo Il-ho said.
Seoul to celebrate 100-day countdown to Rio Olympics by lighting landmark tower
Seoul will mark the 100-day countdown to the 2016 Rio de Janeiro Summer Olympics on Wednesday by illuminating its landmark tower in the Brazilian colors, the South American country's mission here said.
N. Korea to hold party congress on May 6
North Korea said Wednesday that its ruling Workers' Party of Korea (WPK) plans to hold its party congress late next week, a move expected to reaffirm North Korean leader Kim Jong-un's tighter grip on power.
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The Korea Herald (http://www.koreaherald.com)
Park to meet with party leaders after Iran visit
President Park Geun-hye said Tuesday that she will meet with the chiefs of leading political parties as soon as possible...
Restructuring drive kicks into gear
A slew of companies ranging from shipping, shipbuilding to petrochemicals and steel -- once Kor...
Suspicions grow over ultraconservative rallies
Amid snowballing suspicions over the government’s alleged involvement in pro-government rallie...
May 6 may be designated as holiday
The government is considering granting an extra day off on May 6, a day after the national holi...
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The Korea Times (http://www.koreatimes.co.kr)
N. Korea to hold party congress on May 6
North Korea said Wednesday that its ruling Workers' Party of Korea (WPK) plans to hold its party congress late next week, a move expected to reaffirm North Ko...
Yun to attend China-led security forum
Foreign Minister Yun Byung-se will attend a China-led regional security forum that will begin in B...
Military urged to develop nuclear submarine
The military is facing growing calls from the ruling Saenuri Party and some military experts to develop a nuclear-powered submarine as a countermeasure to Nor...
NK bolstering border security to prevent defections
North Korea is beefing up its border security while bolstering a crackdown on the use of mobile phones to prevent its people from defecting to the South, acco...
Workers will have 4-day break in May
The government plans to designate May 6 as an official holiday to give workers a four-day break starting from Children’s Day on May 5, which falls on Thursday...
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Dong AIlbo (http://english.donga.com)
N. Korea likely sees technological progress in its SLBM
The Submarine-Launched Ballistic Missile (SLBM) test-fire conducted by Pyongyang on last Saturday seems to have shown technologic…
King Gojong’s study Jibokjae Hall to become a public library
Jibokjae Hall of Gyeongbok Palace, which used to be the study of King Gojong during the Korean Empire, will reopen as a small pub…
Kim Jong Un admits missile launches are against Washington’s attitude
Fujimoto Kenji (photo), former chef of late Kim Jong Il (Kim Jong Un’s father) revealed on Tuesday that Kim Jong Un has admitted …
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Chosun Ilbo (http://english.chosun.com)
Obama on Why U.S. Won't Destroy N.Korea
U.S. President Barack Obama on Tuesday said his country has the military means to destroy North Korea but it will not do so due to the humanitarian cost and the impact on neighbor South Korea.
Park to Take Army of Business Execs to Iran
President Park Geun-hye will be accompanied by some 240 business executives when she visits Iran soon, Foreign Minister Yun Byung-se told reporters Monday. The government hopes the visit will yield US$10 billion worth of business projects. That is by far the biggest onslaught of Korean executives during any state visit.
Gov't Offer Flushes Out W500 Billion in Hidden Overseas Assets
A government offer of leniency for people who hide their wealth overseas flushed out W512.9 billion worth of hidden income and assets, the Ministry of Strategy and Finance said Monday.
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Hankyoreh Shinmoon (http://english.hani.co.kr)
NIS directed right-wing groups pro-government propaganda activities
Intelligence agency has a long history of being co-opted to push the government’s right-wing agenda
Right-wing group at the center of a tangled web of illicit funding
Amid accusations that the Korea Parent Federation (KPF) used 120 million won (US$105,700) of indirect funding from the Federation of Korean Industries (FKI) for pro-government demonstrations, more evidence has been uncovered that the Korea Parent Federation mobilized closely affiliated or dubious missionary foundations and volunteer organizations to rustle up donations from large corporations..
Obama says he doesn’t take North Korean offer “seriously”
US President Barack Obama said on Apr. 24 that he did not “take seriously” North Korean Foreign Minister Ri Su-yong’s proposal to halt nuclear testing in exchange for a suspension of joint South Korea-US military exercises.Obama’s response came while fielding questions about the North’s recent submarine-launched ballistic missile (SLBM) test on Apr. 23 and Ri’s proposal in a joint press conference after a summit with German Chancellor Angela Merkel in Hannover..
North Korea could attempt additional SLBM launches
North Korea’s submarine-launched ballistic missile (SLBM) showed some technical advancements in its Apr. 23 launch. But the South Korea military said on Apr. 25 that with the test failing to confirm the desired performance, Pyongyang could attempt an additional launch in the near future for additional verification.Following the launch, North Korea said that all of the technical indicators amply satisfied the demands..
S. Korean shipping firms may be left out of international alliances
Restructuring at South Korean companies Hanjin Shipping and Hyundai Merchant Marine could lead to their exit from international shipping alliances.With shipping companies around the world teaming up in various ways for international transportation, the two companies’ absence from the alliances would have serious ripple effects on the South Korean economy..
Does North Korea’s submarine-launched ballistic missile signal another nuke test?
At 6:30 pm on Apr. 23, North Korea fired a submarine-launched ballistic missile (SLBM) in the East Sea, northeast of Sinpo in North Hamgyong Province.South Korea’s Joint Chiefs of Staff said that the missile only traveled 30km, far short of the minimum 300km range of an SLBM, while the US Strategic Command said the missile posed no threat to the continental US. In contrast, North Korean leader Kim Jong-un claimed during “field guidance” on Apr. 24 that the missile launch was a “great success.”
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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
Park rules out a coalition, refuses to reshuffle
President Park Geun-hye said Tuesday that she will meet with the leaders of the three main political parties to seek better cooperation with a liberal-controlled legislature, but rejected suggestions of a coalition government or a reshuffle…
Former Oxy CEO brought in for questioning
Shin Hyun-woo, former CEO of Reckitt Benckiser Korea, was summoned by prosecutors Tuesday for questioning…
Gov’t takes on failing shippers and shipbuilders
The government said it will not force any mergers in the troubled shipbuilding and shipping industries…
More clients bank on robo-adviser future
Quarterback Investments, an automated financial investment algorithm start-up, has attracted nearly 10 billion…
Critics say automated services don’t have enough data to be reliable
While all eyes are on new automated investment services, or so-called robo-advisers, some experts…
Economic growth slows to 0.4%
The Korean economy grew 0.4 percent in the first quarter, the slowest in nine months, largely due to sluggish…
‘N’ brand in high gear after success at off-road rally
Hyundai Motor is a step closer to winning the individual and team competition at the World Rally Championship…
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The Kyunghyang Shinmoon (http://english.khan.co.kr/)
635,000 Worked for "Passion Wages"
During the three years after the launch of the Park Geun-hye government, workers working for "passion wages (low wages compensated by an opportunity to gain ex···
Cheong Wa Dae Claims “Individual” Action Once Again
On April 25, Cheong Wa Dae referred to the allegations that Heo Hyeon-jun (47), senior administrator at the office of the secretary for public communications re···
China's Economy Peaks amid a Global Recession: “Export Korea” Stranded
South Korea's shipbuilding industry, once the world number one, and the shipping industry, which transports exported goods, are now at a crossroads for surviva···
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The Korea Economic Daily (http://english.hankyung.com/)
"Kim Young-ran Law Needs to Be Reviewed"...Prez.
President Park Geun-hye said of the Kim Young-ran law, the anti-bribery law which will go into effect from September this year, "I am worried it may stifle the economy too much. I'd like the new National Assembly to review the law again." She said this on April 26 in a luncheon with chief editors of...
China’s Debt Level Hit Record High
China’s net debts, including those owed by households, companies, and government, reached an all-time high at 237 percent of the nation’s GDP, the Financial Times reported on April 25. The financial daily reported that China’s net internal and external debts totaled 163 trillion yuan as of March ...
Hyundai Heavy Turns to the Black in 1Q...First Time in 10 Quarters
Hyundai Heavy Industries has succeeded in turning to the black in the first quarter. This is the first time for the company to report a positive profit in ten quarters. The company said in a regulatory filing on April 26 that its quarterly consolidated operating profit was 325.2 billion won, up from...
Kakao to Issue 230 Bil. Won Exchangeable Bonds
Kakao plans to issue 230 billion won worth of exchangeable bonds by leveraging its shares of Loen Entertainment which it acquired early this year. This will come after Kakao issued 250-billion-won convertible bonds earlier. With the issuance of exchangeable bonds, Kakao expects to be able to reduce ...
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AJU Business Daily (http://eng.ajunews.com/korea)
SK Hynix to mass produce 3D NAND chips
SK Hynix reported poor earnings for the first quarter on Tuesday but unveiled plans to boost sales by starting mass production of 3D NAND flash chips in the second half o…
South Korea president hints at 'quantitive easing' to spur growth
South Korean President Park Geun-hye hinted Tuesday at a policy shift to opt for a fiscal stimulus package called "quantitative easing" to spur
Hyundai's Q1 profit down due to poor sales in emerging markets
South Korea's top automaker Hyundai Motor vowed Tuesday to launch new models in Russia and other strategic points abroad as a business slump in emerging markets undercut…
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ETNEWS (http://english.etnews.com/)
Samsung Electro-Mechanic. Co., Ltd.’s Performance Receives Little Effec...
Although Samsung Electronics released its new-application Smartphone called ¡®Galaxy S7¡?, Samsung Electro-Mechanics Co., Ltd. still recorded low perfo...
Hyundai Motor Company to Expand Its Lineup of Electric Vehicles Soo...
After Hyundai-Kia Motor Company starts to mass-produce its electric vehicle called IONIQ in this June, it is going to release an electric vehicle that can drive for...
South Korean Government to Start National Project on Developing Art...
AI (Artificial Intelligence) semiconductor chip, which resembles a structure of human brain, will be developed by South Korean Government as a national project. It ...
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Maeil Business News Korea (http://www.pulsenews.co.kr/ )
Creditors reject Hanjin Shipping’s self-rescue plan and defer bailout
Creditor banks on Monday struck down a self-rescue package drawn up by Korea’s largest shipper Hanjin Shipping Co. in return for reprieve in debt obligation, calling it insufficient as it ...
Restructuring of Hanjin Shipping more challneging than that for Hyundai Merchant
Both Hanjin Shipping Co. and Hyundai Merchant Marine Co. (HMM) are in hot water, but they are different from each other in a ...
One shot act paving the way for Korea Inc. restructuring
The overcapacity Korean Inc. is finally set to go on much-delayed streamlining through the momentum of Hanjin Shipping Co.’s ...
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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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