May 02, 2016
The Korean daily media headlines and humor
Monday, May02, 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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Send your latest Embassy news releases toThe Korea Post for publication
Your Excellency:
Send your latest press release(s) in Korean to(www.koreapost.co.kr) for immediate publication and in Englishto korpost@chol.com.
They are published by the five media outletsof The Korea Post, including the Korean-language Internet newspaper, English website 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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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!
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A quick roundup of major news stories from Korean media:
KBS (http://world.kbs.co.kr/english/news/)
President Park Arrives in Iran
President Park Geun-hye arrived at Mehrabad International Airport in Tehran Sunday, launching her three-day state visit to the Middle East country.
S. Korea Records Current Account Surplus for 49th Straight Month
South Korea's current account surplus grew in March to more than ten billion U.S. dollars.
38 North: Unclear if N. Korea Will Conduct 5th Nuke Test
A U.S. website dedicated to reporting on North Korea said the likelihood of a fifth nuke test in North Korea remains uncertain in the run-up to the seventh Korean Workers’ Party congress on Friday.
Park to Press N. Korea to Follow Iranian Example
President Park Arrives in Iran
RFA: Some N. Koreans Aware of Mass Defection of 13 N. Koreans
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Yonhap(http://english.yonhapnews.co.kr)
S. Korea holds cooking event for Iranians
South Korea hosted a cooking event in Tehran over the weekend to give Iranians a rare chance to savor the taste of some of Korea's most popular foods, as the Asian country stepped up its foray into one of the world's least-tapped markets, organizers said Monday. Hosted by the state-run Korea Agro-Fisheries and Food Trade Corporation on Sunday, the "K-Food Cooking Class" was attended by 100 Iranians. The participants were selected among more than 350 applicants, the organizers said.
SK Telecom wins bid for 2.6 GHz band
South Korea's largest mobile carrier SK Telecom Co. has won its bid for two new bandwidths intended for faster and broader data services, the science ministry said Monday.
S. Korea holds cooking event for Iranians
South Korea hosted a cooking event in Tehran over the weekend to give Iranians a rare chance to savor the taste of some of Korea's most popular foods, as the Asian country stepped up its foray into one of the world's least-tapped markets, organizers said Monday. Hosted by the state-run Korea Agro-Fisheries and Food Trade Corporation on Sunday, the "K-Food Cooking Class" was attended by 100 Iranians. The participants were selected among more than 350 applicants, organizers said.
More firms subject to strict antitrust rules in April
The number of South Korean business groups' affiliates subject to restrictions on mutual investments and loan guarantees rose in April from the previous month, the antitrust watchdog said Monday.
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The Korea Herald (http://www.koreaherald.com)
Park embarks on first state visit to Iran
South Korean President Park Geun-hye embarked on the country’s first state visit to Iran on Sunday to tap int...
U.S. designation not to change Korea’s FX policy
The U.S. inclusion of Korea in the foreign exchange monitor list will not affect Seoul’s monet...
Korea moves to finance restructuring
Korea is expected to launch a task force comprising officials from finance and regulatory agenc...
Supermarkets slammed for promoting Oxy products
Local distributors Homeplus and Lotte Mart came under fire over the weekend for promoting Oxy R...
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The Korea Times (http://www.koreatimes.co.kr)
AmorePacific Q1 earnings jump 33% on robust overseas sales
South Korea's top cosmetics maker AmorePacific said Monday its first-quarter earnings jumped 33.1 percent on-year thanks to a strong performance in overseas m...
China on alert over North Korea's counterfeiting
China is on alert over North Korea’s attempts to forge its bills, as counterfeit Chinese notes are being circulated among travelers and merchants in some citi...
16 NK defectors charged with meth smuggling
Sixteen North Korean defectors and seven ethnic Koreans from China have been indicted on charges of smuggling methamphetamine into South Korea, the prosecutio...
'North Korea officials lied to Kim Jong-un about SLBM test'
Officials and scientists in North Korea may have lied to the nation’s leader Kim Jong-un that the country successfully test-fired a submarine-launched ballist...
New USFK commander vows readiness
The new commander of the United States Forces Korea (USFK) vowed to continue to be “ready to fight...
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DongAIlbo (http://english.donga.com)
Reckitt Benckiser to announce an apology on Monday
Oxy Reckitt Benckiser (now, RB Korea) will announce a public apology with a detailed compensation plan on Monday, with respect to…
N. Korean missile presumed to have exploded in mid-air
The firing of a submarine launched ballistic missile, which North Korea touted as a "great success," was actually a great failure…
Kim Kyung-tae shows strong performance in Japan Tour
Kim Kyung-tae (see picture), 30, of Shinhan Financial Group, who is playing in the Japan Golf Tour (JGTO), shows a very strong pe…
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ChosunIlbo (http://english.chosun.com)
N.Korea's Submarine-Launched Missile 'Blew Up'
A ballistic missile whose launch from a submarine on April 23 North Korea described as an "enormous success" in fact blew up in mid-air, a military officer here said Sunday. The missile flew about 30 km but exploded and split into several pieces, he said.
N.Korean Bank Robbery Nets W10 Million
North Korea is stepping up security after a bank robbery in the border city of Chongjin, North Hamgyong Province, Radio Free Asia reported Saturday. A source told RFA the branch of the North Korean central bank in the city was robbed on March 4.
Korean Footballers in Europe Struggle for Match Time
Many of the top Korean footballers playing in Europe have been sidelined in recent matches, causing concerns ahead of September's final Asian qualification round for the 2018 World Cup in Russia, as they are key players in the Korean national team.
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HankyorehShinmoon (http://english.hani.co.kr)
Shipping industry is sinking, and it may be the wives’ fault
Companies appointed wives to top posts after their husbands’ deaths even though they had no management experience
Government support is to corporations what milk is to a baby
“It’s like taking the milk away from a nursing baby.” Standing at an Apr. 1997 National Assembly hearing after revelations concerning nonperforming loans, then-Hanbo Group chairman Chung Tae-soo placed the blame for his group’s bankruptcy on a financial community and government that cut off its “milk” - namely financial support.
North Korea’s first Workers’ Party Congress in 36 years
On May 6, the 7th Congress of the Korean Workers' Party (KWP) will be held in Pyongyang, North Korea, 36 years after the 6th Congress in Oct. 1980. The long hiatus and the years of silence imply that there will be much to say at the congress. The outside world is keenly interested in the congress, given the high-stakes confrontation with North Korea and the international community following the North's fourth nuclear weapons test on Jan. 6 and its long-range missile launch on Feb. 7.
AhnCheol-soo rises to top preference for next year’s presidential election
AhnCheol-soo topped a survey on South Koreans’ preference for the next president.The software mogul and People’s Party co-leader led the monthly survey for the first time since Gallup Korea began conducting it in Aug. 2014.
All about the capital: end of an era as university alumni networks lose their clout
“After 18 years of struggle, we intend to discontinue our activities as a group. This is not because alumni networks no longer play a role in Korean society, but rather because the role that they play has changed. School ties no longer function as the main way to acquire power.” This is an excerpt from the declaration of disbandment read on Mar. 25 at the final general meeting of Anti-Hakbul, a group organized to combat the unofficial alumni networks, known as hakbul, that have long dominated South Korean society. Since its launch in 1998, the group has had a tremendous influence on South Koreans’ attitude toward education, calling for the standardization of universities and the breakup of Seoul National University, South Korea’s most prestigious university.
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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)
Park to sit with Iran’s Khamenei, discuss relations
President Park Geun-hye kicked off her four-day trip to Tehran on Sunday and is scheduled to meet with Iranian supreme leader, Ayatollah Ali Khamenei, on Monday to discuss how to improve bilateral ties. This marks the first state visit of a South Korean president to Iran since the two countries launched diplomatic ties in 1962…
3 Saenuri lawmakers seek the floor leadership
Three Saenuri Party lawmakers placed their bids on Sunday for the party’s floor leadership…
North’s recent sub launch was a failure
South Korean and U.S. intelligences sources concluded Sunday that the submarine-launched ballistic missile…
Big data is latest trend among fintech firms
Just a few years ago, Shinhan’s credit cards were just like any other, with reward programs…
For start-up Finda, information is hottest commodity
Thousands of financial products from commercial retail banks, savings banks, and securities companies exist…
KT increases its support for domestic start-ups
The mobile carrier KT announced on Sunday that it will ramp up support for early-stage start-ups…
U.S. places Korea on FX rate monitoring list
The United States put Korea and four other countries on its monitoring list in order to watch unfair exchange rate…
Labor union protests held across the country
This Sunday, Labor Day, was marked with thousands of labor union members marching in the streets in support of workers’ rights…
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The KyunghyangShinmoon(http://english.khan.co.kr/)
Japan Stresses that the Comfort Women Agreement Is an Exchange of 1 Bn Yen for the Demolition of the Comfort Women Statue: South Korean Government Claims, 'Arbitrary Interpretation'
The South Korean and Japanese governments are battling over the truth of whether last year's comfort women agreement includes the demolition of the comfort wom···
NIS 'North Korea Just Waiting for Kim Jong-un's Orders for a Nuclear Test'
On April 27, the National Intelligence Service (NIS) made a statement on the possibility of North Korea's fifth nuclear test and said, "They had practically c···
Prosecutors Question Shin Hyun-woo, Former CEO of Oxy, 'Unaware of Hazards... Apology to the Victims'
Prosecutors questioned Shin Hyun-woo (68), former CEO of Oxy Reckitt Benckiser (currently, RB Korea), which manufactured and sold the humidifier disinfectant th···
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The Korea Economic Daily (http://english.hankyung.com/)
KEPCO, KT, and Omni System to Form Consortium to Move into Iranian Smart Meter Market
In Iran where the West-imposed sanctions were recently lifted, Korean companies will move into the electric distribution and telecom infrastructure markets as well as the road and power plant construction markets. Korea Electric Power Corp., KT, and Omni System are set to begin the smart meter busin...
"We Don't Consider Daewoo's Closure as Part of Shipbuilding Restructuring"...FSC Chairman
Yim Jong-yong, Chairman of the Financial Services Commission, said, "We are not considering any move to restructure Daewoo Shipbuilding through government-led artificial consolidation of businesses." He said this on April 29 in a forum with business editors of major newspapers, adding, "The governme...
Korea Designated as a Monitoring Country for Possible Exchange Manipulation by U.S. Treasury
Yoo Il-ho, Deputy Prime Minister for Economic Affairs and Minister of Strategy and Finance, said of the U.S. Department of Treasury putting South Korea on its monitoring list for possible foreign exchange rate manipulation, "Monitoring is what the U.S. government is doing all the time. There won't b...
Korea's Exports Falls for 16th Straight Month, Down 11.2% in Apr.
Korea's exports amounted to US$41 billion last month, down 11.2 percent from a year ago, dropping for the 16th consecutive month, the longest decline in the nation's history. The nation's imports also fell, with the country sustaining a "recession-type surplus" for the 51st straight month. Accordin...
Samsung Electronics Tops 50% Share in Latin America's UHD TV Market
Samsung Electronics announced on May 1 that it held a seminar on quantum dot technology, a key resolution technology for Samsung's high-end SUHD TV, in Mexico City, the capital of Mexico on April 27. The event was attended by many executives from six Latin American countries, including Mexico, Chil...
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AJU Business Daily(http://eng.ajunews.com/korea)
Splinter party leader Ahn cited as leading presidential candidate: poll
South Korea's maverick politician AhnCheol-soo has emerged as the front-runner in the presidential race next year with his political clout expanded by …
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ETNEWS(http://english.etnews.com/)
Samsung Electronics develops 3rd Generation 14-Nano FinFET LPC Process
Samsung Electronics is introducing its 3rd 14-nano FinFET system semiconductor process that has lower electricity consumption and production cost than previous cost. It is planning to expand its new
LG Innotec Develops All-in-One Glass Fingerprint Recognition Module
All-in-one glass fingerprint recognition module in which sensor is not exposed to outside is developed. Because only glass is seen from outside, it seems that it wil...
LG Electronics Releases New LG Studio Products in the U.S.
LG Electronics is speeding up process of its built-in business in the U.S., which is the world¡?s biggest premium household appliance market. LG Electronics made...
SK Innovation to Increase Production Capability of Lithium Battery S...
SK Innovation is planning to increase production capability for LiBS (Lithium Battery Separator), which is a major component of a secondary battery, by 50%. Based ...
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MaeilBusinessNewsKorea (http://www.pulsenews.co.kr/ )
Shinsegae Group starts to separate management of Shinsegae Department Store and E-Mart
South Korea’s leading retail conglomerate Shinsegae Group would start to separate management of E-Mart Inc., a retail unit of the group, and Shinsegae Department Store through stock ...
Gov’t to offer public facilities at basic rate during extended weekend
South Korea’s public training premises and accommodation facilities across the nation will be opened to the public during an ...
Consumers could buy Galaxy S7 with airline mileages
South Korea’s tech behemoth Samsung Electronics Co. joined hands with wireless carrier SK Telecom Co. and passenger carrier ...
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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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