May 03, 2016
The Korean daily media headlines and humor
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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Special notices:
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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A quick roundup of major news stories from Korean media:
KBS (http://world.kbs.co.kr/english/news/)
Pres. Park, Iran's Supreme Leader Khamenei Agree to Cooperative Partnership
South Korean President Park Geun-hye and Iran’s Supreme Leader Ayatollah Ali Khamenei agreed to expand the sharing of science technologies, curb terrorism and reduce regional instability.
Jeju Airport Resumes Some Flights Amid Heavy Turbulence
Jeju International Airport partially resumed flights early Tuesday, after strong winds and air turbulence led to 16-hour delays.
Samsung Edges Apple in U.S. Smartphone Sales
Samsung Electronics has recaptured the top market share in U.S. smartphone sales.
Gov't Warns Reporters to Take Caution Along Sino-N. Korea Border
Pres. Park, Iran's Supreme Leader Khamenei Agree to Cooperative Partnership
Park Holds Summit with Iranian President
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Yonhap(http://english.yonhapnews.co.kr)
Singer U-ie, actor Lee Sang-yoon dating
Singer U-ie and actor Lee Sang-yoonare officially an item, their agencies said Tuesday.
Central bank's loans to support SMEs near W20 tln
Loans extended by South Korea's central bank to local lenders to support small and medium-sized firms have climbed to a record high, the central bank said Tuesday.
S. Korean shares open higher on Wall Street gains
South Korean stocks started higher Tuesday on strong sentiment in New York.
S. Korea's air passenger traffic hits record high in Q1
South Korea's air passenger traffic jumped to a record high in the first three months of the year on the back of an increase in outbound and inbound travelers and reduced fuel costs, government data showed Tuesday.
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The Korea Herald (http://www.koreaherald.com)
Korea-Iran summit paves way for $45.6b deals
South Korean President Park Geun-hye held landmark summit talks with her Iranian counterpart Hassan Rouhani on...
Victims say Oxy apology too late
Household goods manufacturer Oxy Reckitt Benckiser, which is blamed for over 103 deaths arising...
BOK softens stance on role in corporate restructuring
Monetary and fiscal policymakers here have been out of step on how to finance restructuring deb...
Tycoons in search of growth in Iran
A group of top Korean business tycoons -- including SK Group chairman Chey Tae-won, GS Group ch...
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The Korea Times (http://www.koreatimes.co.kr)
Bank of Korea pledges active role in restructuring
Bank of Korea (BOK) Governor Lee Ju-yeol said Monday that the central bank will supply more liquidity to the market to play an active role in the restructurin...
Taxpayers left holding the bag
The tug-of-war between the Finance Ministry and the Bank of Korea over how to finance the restructuring of shipping and shipbuilding industries appeared to en...
Incheon police to clamp down on illegal taxi and van drivers
Incheon Metropolitan Police Agency will launch a crackdown on taxi and van drivers who overcharge ...
Intervention in foreign exchange market will be limited
The U.S. government’s inclusion of Korea on its monitoring list of foreign exchange policies is ex...
Military academies lift drinking ban for cadets
Military academies have lifted a decades-old drinking ban for cadets - they now can drink alcohol away from their bases if they are out of uniform, officials ...
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DongAIlbo (http://english.donga.com)
Pres. Park seen wearing russari during her state visit to Iran
South Korean President Park Geun-hye, who paid a state visit to Iran on Sunday, is wearing a russari pursuant to Islamic law. Rus…
Shin Ji-eun wins in Texas for first LPGA Tour title
Victory came at last after 134 tries. After the game, Korean female golfer Shin Ji-eun called her mother through but hung up bef…
LG Display to supply touchscreens to Tesla
LG Display is supplying display panels to U.S. electric car maker Tesla's Model 3.According to display sources on Monday, LG Dis…
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ChosunIlbo (http://english.chosun.com)
Iranian President Slams N.Korean Nuke Program
Iranian President Hassan Rouhani on Monday distanced his country from North Korea and its nuclear program. "We are, in principle, opposed to any nuclear development," Rouhani said in a press conference with President Park Geun-hye.
More Koreans Make Their Own Millions
There are a growing number of self-made millionaires on Forbes magazine's list of Korea's 50 richest people released last week. Some 40 percent of the wealthiest Koreans are self-made, compared to only 18 percent a decade ago.
Big 3 Shipbuilders Win No Orders in April
Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries won no ship orders last month as they contemplated mass layoffs. Industry insiders on Sunday said the nation's top three shipbuilders won only three vessel orders during the first four months of this year.
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HankyorehShinmoon (http://english.hani.co.kr)
Two workers spend Labor Day in a “sky prison”
After nearly a year in aerial protest, two irregular workers suffer pain of separation from families
Former Pres. Roh’s humble abode opened to the public
“They all talked about how it was built to be as ‘big and ostentatious as the palace of Emperor Qin Shi Huang of China,’ but I’m not sure what part qualifies as a ‘palace.’ If you actually look around, it’s very plain - a lot like President Roh was when he was alive.”
What’s up with the air? S. Korea and US launch joint project to find out
Last month, fine particle concentrations in Seoul’s air were rated as “good” (PM10 10-30㎍/㎥, PM2.5 0-15㎍/㎥) on just four days out of thirty. Yellow dust on Apr. 22-24 sent PM10 levels into the “severe” category, while PM2.5 levels remained “normal.” Yet on the yellow dust-free days of Apr. 9 and 10, both PM10 and PM2.5 were rated as “severe.” Why the difference?
Through education, parents learn to say “I’m sorry” and “thank you”
Ms. Park, a 43-year-old mother of three, heard her oldest son say something recently that broke her heart. The memory had faded, but she found herself thinking of a time a few years before when she had caned the boy.“We were so poor back then, and I was having a tough time. I’m sorry,” she said in reply.
Shipping industry is sinking, and it may be the wives’ fault
The South Korean shipping industry is on the verge of going under, and it blames its current financial difficulties on external factors, including a downturn in the global shipping industry. But internal management failure may have been an even more devastating factor. The industry may have brought the crisis on itself by allowing group chairmen’ wives to become chairs of the board of directors after their husbands’ death without assessing their management ability, to employ a dictatorial management style dependent on close associates and to indulge in a variety of dubious practices aimed at lining their own pockets.
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.
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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)
Tehran wants a Korean Peninsula without nukes
Iranian President Hassan Rouhani promoted a nuclear-free Korean Peninsula following a summit with South Korean President Park Geun-hye, sending a message to North Korea to give up its atomic weapons program. “We want a change on the Korean Peninsula,” Rouhani said in a joint press conference with Park following their summit at the Saadabad Palace…
Local Oxy CEO is harangued by victims’ kin
Reckitt Benckiser Korea apologized for the poisonous humidifier sterilizer it sold from 2001 to 2011 and vowed…
North’s money men leave China
Some 50 key North Koreans doing business in China are finding new footholds in Southeast Asia…
New technologies allow more payment options
It is no surprise anymore that you can carry 20 to 30 plastic cards in your smartphone and pay online or offline…
Card companies say they’re not going anywhere despite the advances
Does the popularity of mobile payment services spell doom for the conventional card industry?…
Account surplus grows
One day after the U.S. Treasury Department put Korea on its watch list for large current account surpluses…
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The KyunghyangShinmoon(http://english.khan.co.kr/)
Negative Perception of Labor: The Problem Starts from Primary and Secondary Education
The South Korean society's perception of labor and laborers is negative. It is probably because South Koreans did not receive proper education on the value and···
Park Geun-hye Government's Dual Citizenship and Double Standards
In the Park Geun-hye government, diplomats with children who have dual nationality cannot be the head of a diplomatic mission. Diplomats whose children had dual···
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···
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The Korea Economic Daily (http://english.hankyung.com/)
Prez. Park's Iranian Visit Clinches $46 Bil. Orders
The state visit to Iran by President Park Geun-hye is estimated to have won a total of US$45.6 billion worth of projects. Ahn Jong-beom, Senior Presidential Secretary for Economic Affairs, said in a briefing on May 2 after a summit meeting between Ms. Park and her Iranian counterpart President Hassa...
Setting up Branches or Subsidiaries in Iran Would Become Easier
It would become easier for Korean companies to set up branch offices or subsidiaries in Iran. The Ministry of Strategy and Finance plans to revise the regulation on foreign currency exchange transactions, effective from May 2, aimed at allowing domestic companies to carry out capital transactions th...
Korea EximBank, KSURE to Extend $20 Bil. Financial Guarantees in Iran Projects
South Korean President Park Geun-hye’s visit to Iran was accompanied by heads of Korea’s three major state banks, namely the Export-Import Bank of Korea, Korea Development Bank, and Industrial Bank of Korea. It was rare that the President’s state visit is accompanied by heads of state-run banks. ...
From Worthless Mudflat to Ecological Garden...Success Story of Suncheon City
Upon taking office in July 2007 as Mayor of Suncheon City in South Jeolla Province, Cho Choong-hoon held several rounds of meetings with his people in the city government to come up with measures to revive the local economy. At the time the small seaside town with a population of 200,000 had a few s...
SKC-Mitsui Chemicals JV Completes Polyurethane Plant in Mexico
SKC Inc. announced on May 1 that its joint venture with Japan’s Mitsui Chemicals called MCNS completed a polyurethane system house in Monterrey in northeastern Mexico on April 29. The completion ceremony was attended by about 100 executives and local dignitaries, including Samuel Pe?a Guzman...
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AJU Business Daily(http://eng.ajunews.com/korea)
Military academies lift ban on alcohol and smoking off campus
South Korean military academies have lifted a strict, decades-long ban on cadets wearing civilian clothes and drinking alcohol off campus, military authorities said Monday. …
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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/ )
BOK Gov. vows to take active role in push for corporate restructuring
The Bank of Korea (BOK) will take an active role in pushing for ongoing corporate restructuring led by state-owned banks, BOK Governor Lee Ju-yeol said on Monday, adding “corporate ...
British Reckitt Benckiser’s Korean unit offers official apology over deaths
Oxy Reckitt Benckiser Korea, a Korean unit of British consumer goods company Reckitt Benckiser, made a formal apology to all the ...
Hanjin Shipping to begin creditor-led workout program this week
Hanjin Shipping Co., South Korea’s largest container carrier, is expected to undergo a creditor-led restructuring program on ...
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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),
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(5) An English e-daily (/rankup_module/rankup_notice/notice_list.html)
Send your news releases and feedback:
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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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