Tuesday, December 1, 2020
Round-up of important news from major Korean dailies and from international media today
The Korea Post (http://www.koreapost.com/)
PM Modi inspires India to become pharmacy of the world
PM Modi undertook a 3-city tour to conduct an extensive review of the vaccine development and manufacturing process. He visited the Zydus Biotech Park in Ahmedabad, Bharat Biotech in Hyderabad and Serum Institute of India in Pune.
Two of these sites are where India is indigenously developing vaccines to fight COVID and one of these sites is where crores of vaccines to save the world will be manufactured.
He told the scientists that he chose to meet them face to face in order to boost their morale & help accelerate their efforts at this critical juncture in the vaccine development journey.
Hanmi Pharm joins hands with GC Pharma to develop new drugs for rare diseases
Hanmi Pharm and GC Pharma plan to jointly develop new global innovative drugs for rare diseases.
Hanmi Pharm and GC Pharma have signed a contract to jointly develop a next-generation innovative drug to treat LSD (Lysosomal Storage Diseases), a rare hereditary disease. They signed a memorandum of understanding (MOU) on R&D cooperation in February this year.
"LSD" is a rare disease in which "lysosome," a cell organ that removes damaged cell debris or unnecessary materials, continues to accumulate in the body for unknown reasons, causing serious metabolic diseases and leading to death.
Samsung Heavy Industries obtains orders for LNG carrier, S-Max oil carrier
Samsung Heavy Industries has signed a contract with a shipping company in Oceania to build one LNG carrier worth a total of 206.2 billion won (some $185 million). The vessel will be delivered by July 2023.
Samsung Heavy Industries said on Nov. 30 that it also won an additional order for an S-Max oil carrier. The contract amount is about 60 billion won ($54 million).
By winning the orders, Samsung Heavy Industries has increased its current order backlog for LNG carriers, the largest in the world, to 31. This year, Samsung Heavy Industries won orders for 13 of the 28 Suez Max-class oil carriers (including shuttle tankers) ordered worldwide.
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KBS (http://world.kbs.co.kr/english/news/)
S. Korea Enforces Toughened Social Distancing Rules
South Korea has started enforcing tougher social distancing measures as it battles a third wave of COVID-19.
Starting Tuesday, saunas, steam-bath rooms in bathhouses and nine kinds of indoor group exercise classes will be banned in the greater Seoul area. Year-end or New Year's parties at hotels, party rooms and guesthouses will also be prohibited.
The government will enforce the tougher measures for a week in Seoul, Gyeonggi Province and Incheon, while maintaining social distancing at the current Level Two. Areas outside the capital region will be placed under Level One-point-Five social distancing rules for 14 days.
Parties Respond to Latest Court Ruling against Ex-Pres. Chun
South Korean political parties on Monday offered their assessments of a court ruling against former President Chun Doo-hwan in a defamation case revolving around alleged shootings during the 1980 Gwangju pro-democracy uprising.
Earlier in the day, the Gwangju District Court sentenced Chun to eight months in prison, suspended for two years, for defaming a deceased activist who claimed to have witnessed the shootings, finding the testimony that troops fired at citizens on board helicopters to be reliable.
Ruling Democratic Party spokesperson Choi In-ho said in a statement that the suspended term does not live up to the public's expectations or corresponds to the pain suffered by the bereaved families and residents of Gwangju.
Pres. Moon Stresses Reform, Public-Oriented Mindset for Officials
President Moon Jae-in has called on public officials to prioritize service to the public and embrace reforms.
In a meeting with his senior and junior secretaries on Monday, Moon said it is time for public servants to take on a new mindset, embrace an era of rapid changes by placing community ahead of individual groups and serve the public.
He said unless South Korean public servants adopt a "radical will" to shed outdated practices and ways of thinking and seek change through reforms and innovation, the nation will lag behind in the fast-changing world.
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Yonhap (http://english.yonhapnews.co.kr)
S. Korea braces for 'toughest' virus battle in winter, people urged to follow antivirus curbs
The daily number of new coronavirus cases in South Korea stayed in the 400 range for the second day in a row Monday due apparently to less testing over the weekend, and health authorities warned that the country is bracing for the "biggest crisis" in the upcoming winter season.
The country added 438 more COVID-19 cases, including 414 local infections, raising the total caseload to 34,201, according to the Korea Disease Control and Prevention Agency (KDCA). It reported three additional coronavirus fatality, bringing the total to 526.
Monday's figure is down from 581 on Thursday, 555 on Friday, 503 on Saturday and 450 on Sunday, the KDCA said. However, fewer tests are usually carried out on weekends compared with weekdays.
Gyms, saunas and other virus-prone facilities in capital area to shut down from Tuesday
South Korea will maintain the current social distancing level in the greater Seoul area but will raise antivirus curbs, including restricting additional gatherings and activities, starting Tuesday, health authorities said Monday.
Seoul, the surrounding Gyeonggi Province and the western port city of Incheon will be under the current Level 2 of the country's five-tier social distancing system for a week, according to the authorities.
However, antivirus curbs in all other areas will be elevated to Level 1.5 social distancing for two weeks from Tuesday, they said.
Court not to decide Monday on top prosecutor's suspension
A Seoul court said that it will not make a decision on Monday on a crucial injunction case that could affect the fate of South Korea's top prosecutor amid an escalating standoff with the justice minister.
Last week, Justice Minister Choo Mi-ae suspended Prosecutor General Yoon Seoul-youl from duty as she sought a disciplinary measure against him over six counts of alleged misdeeds, including collecting personal information of justices in charge of cases related to a former justice minister and suspected election interference by presidential officials.
Yoon sought a court injunction Wednesday to stop the unprecedented order from going into effect, and filed a lawsuit at the Seoul Administrative Court the next day.
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The Korea Herald (http://www.koreaherald.com)
Justice minister, top prosecutor continue battle in court
A hearing on Prosecutor General Yoon Seok-youl’s suit to suspend Minister of Justice Choo Mi-ae’s order removing him from duty was held Monday, kicking off the legal and procedural battle between the two. The court’s decision was expected late Thursday or early Friday.
On Nov. 24, Choo announced her decision to remove Yoon from duty, citing the results of a Justice Ministry audit. According to the ministry, the audit found a number of irregularities in Yoon’s conduct since taking office, including surveilling judges on politically sensitive cases including that of former Justice Minister Cho Kuk.
Choo also said the audit concluded that Yoon had interfered with the Justice Ministry’s audit of him, as well as with investigations concerning former Prime Minister Han Myoung-sook and alleged collusion between a journalist and a ranking prosecutor.
Daily case count could surge to 1,000 in a week or two: KDCA chief
Top South Korean health officials on Monday said months of hard work could crumble into nothing if the country fails to contain the latest wave of novel coronavirus infections, calling it the biggest challenge faced by the country since the disease first emerged here.
The Korea Disease Control and Prevention Agency’s chief Jung Eun-kyeong said in a news briefing that the daily case count could surge to 700-1,000 in a week or two based on the latest epidemiological analysis.
“As community transmissions run rampant, two essential rules to follow are: Getting tested when you feel sick with suspected symptoms, and minimizing your chances of exposure by avoiding gathering in the first place,” she said.
Foreign firms say biz environment deteriorated over past 3 years
Foreign-invested companies rated South Korea’s business environment as excellent overall, but were unsatisfied with the labor environment and the passive attitude of the authorities, survey showed Monday.
The Federation of Korean Industries conducted a survey for trade and investment officers as well as foreign economic organizations of the top 50 foreign investment countries in Korea about the business environment in the nation. The survey took place from Oct. 12 to Nov. 6.
While giving a good assessment overall with 71.4 percent saying the general business environment in Korea was “excellent,” the respondents gave biting reviews on the country’s regulatory systems and benefits for foreign investors.
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The Korea Times (http://www.koreatimes.co.kr)
Korea signs agreement with AstraZeneca for COVID vaccine
The government has signed an agreement with AstraZeneca to secure 25 million doses of its COVID-19 vaccine, two sources directly involved with the matter said Monday. They said SK Bioscience would handle the manufacture of the vaccine, known as AZD1222, for domestic distribution.
According to the sources, the size of the deal is known to be "a few million dollars." "The government agreed with AstraZeneca to secure a supply of its coronavirus vaccine," a government official said, asking not to be identified. "Other relevant details will be released within this week, at the earliest possible date."
The official said the value of the deal would be equivalent to those the pharmaceutical company recently signed with Thailand and the Philippines.
Health experts criticize government for applying lax social distancing regulations
Health experts are criticizing the government for applying "lax" social distancing measures following its decision to maintain the current Level 2 restrictions in Seoul and its surrounding areas despite the third wave of COVID-19 that is sweeping the country.
While admitting that the country is facing "the most serious situation since the first wave in March," the health authorities announced Sunday that they would not raise the level in the capital area, but would impose stricter quarantine measures on specific facilities only. They raised the levels of other regions in the country to 1.5 of the five-tier social distancing scheme.
Jacob Lee, a professor at Hallym University's Gangnam Sacred Heart Hospital, denounced the authorities' decision, saying that they were failing to provide the public with accurate information on the current situation, making people think that the situation is less serious than the first wave in March.
Gov't petitioned to resolve Seoul City-Korean Air disputes over airline-owned land
Korean Air has submitted a petition to the Ministry of Land, Infrastructure and Transport, asking Minister Kim Hyun-mee to resolve disputes between the airline and the Seoul Metropolitan Government (SMG) over a vacant lot located in central Seoul which is owned by the airline.
The national flag carrier said Monday that the petition was submitted last Friday. The move was taken by Korean Air a day after the planned signing of an agreement between the airline and the city government, arbitrated by the Anti-Corruption and Civil Rights Commission (ACRC), was cancelled and postponed indefinitely after the city government asked for some of the wording in the agreement to be changed.
The agreement called on the SMG to purchase the airline-owned 36,642-square-meter site in Songhyeon-dong in Jongno District through the Korea Land and Housing Corp. (LH). Under this measure, LH would purchase the land and pay the airline. Then, the city government would give another city-owned property to LH in exchange for the Songhyeon-dong site. The SMG is planning to create a public park on the land located east of Gyeongbok Palace.
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HanKyoReh Shinmun (http://english.hani.co.kr)
N. Korea concerned about starting over on US relations, NIS reports
North Korea is expressing concern about having to start over from scratch on its relations with the US, as the relationship established between leader Kim Jong-un and US President Donald Trump will be rendered useless with the inauguration of Joe Biden, the National Intelligence Service (NIS) reported on Nov. 27.
During a plenary session of the National Assembly’s intelligence committee that day, the NIS reported that there has been talk from North Korea about “things returning to the ‘strategic patience’ of the Barack Obama presidency,” according to Kim Byung-kee, the committee’s secretary from the ruling Democratic Party.
At the same time, the NIS also said Pyongyang has been “anticipating a more systematic approach than the Trump administration’s and looking forward to a possible summit after President-elect Joe Biden’s reference to meeting with Kim Jong-un,” he added. Explaining the meaning of a “systematic approach,” Kim said, “It means a ‘bottom-up’ approach based on reviews and policy research by officials rather than Trump’s style of unilateral ‘top-down’ decisions.”
Moon proposes “longer-term cooperation plans” to celebrating 30th anniversary of S. Korea-China relations in 2022
South Korean President Moon Jae-in proposed “developing longer-term cooperation plans in anticipation of the next 30 years for the 30th anniversary of South Korean-Chinese diplomatic relations two years from now” during a meeting on Nov. 26 with Chinese State Councilor and Foreign Minister Wang Yi, who was visiting South Korea for the first time in a year. Wang verbally shared a message from Chinese President Xi Jinping with Moon the same day.
Meeting with Wang at the Blue House that afternoon, Moon welcomed Wang’s decision to visit in spite of the COVID-19 pandemic.
“I am very pleased to see continued senior-level exchanges between our two countries even amid the difficult situation with COVID-19,” he told Wang, whom he asked to “share my warm regards with President Xi Jinping, who has shown on numerous occasions how deeply he values South Korea-China relations.”
Greater Seoul to shut down bathhouses, saunas, aerobics studios, year-end parties amid 3rd COVID wave
The South Korean government has decided to maintain its social distancing measures for the Seoul Capital Area (SCA) at Level 2 but with a few adjustments. Under the upgraded measures, saunas, public bathhouses, and aerobics studios will be closed down. The government has also announced a ban on any parties or gatherings — common at this time of year — of 10 or more people to slow down the spread of COVID-19 among young people.
Areas outside the SCA will be placed under Level 1.5 restrictions with the exception of Busan, Yeongseo (Gangwon Province), South Gyeongsang Province, South Chungcheong Province, and North Jeolla Province, which will upgrade to Level 2 measures.
Prime Minister Chung Sye-kyun headed a meeting of the Central Disaster and Safety Countermeasure Headquarters (CDSCH) on Nov. 29 to confirm these new restrictions.
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Chosun Ilbo (http://english.chosun.com)
N.Korea Building 'Coronavirus Wall'
North Korea on Sunday said it is building a wall along the border with South Korea to stem the spread of coronavirus. The Trump-inspired folly aims to put the blame on coronavirus infections in the crackpot country squarely on South Korea and is likely designed for propaganda purposes rather than any practical use.
The official [North] Korean Central News Agency said "sturdy blockade walls" were set up along the inter-Korean border and people are "abiding by mandatory procedures" and "immediately responding to the slightest abnormal phenomenon."
Earlier this month, a North Korean civilian crossed over the border to defect to South Korea, but even without the wall the demilitarized zone remains largely impenetrable while the border with China, though sealed, remains more porous and the epidemic probably reached the North from there.
Pyongyang Medical School 'Sold COVID Drugs on the Side'
The top medical school in Pyongyang lambasted by North Korean leader Kim Jong-un last week for "non-socialist" practices apparently diverted and sold coronavirus drugs among other instances of corruption.
A source said officials at Pyongyang Medical University were nabbed diverting COVID drugs from the university hospital's warehouse and selling them at exorbitant prices to patients with symptoms.
"Patients who don't have the money got no medication and their symptoms worsened," the source said. But the source said university officials who are Workers Party members are also being punished for failing to come up with adequate quarantine measures and accurately reporting an increase in COVID-19 patients.
China Claims Victory in Kimchi Wars
In its latest bid for world domination, China has had its own version of kimchi certified with the International Organization for Standardization.
That at any rate is how the propaganda rag Global Times understands it, crowing that Chinese kimchi has become the "standard" for the international market and Korea has been put to shame.
What is true is that there is a spicy pickled cabbage dish from Sichuan that is quite similar to kimchi.
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The Dong-A Ilbo (http://english.donga.com/)
Biden hires all-female White House press team
U.S. President-elect Joe Biden announced Sunday the list of a seven-member press team comprised of all females. The domain for female officials will likely to expand further under the Biden administration as a number of non-white female officials are expected to join his economy team, which will be unveiled soon.
The transition committee appointed Jen Psaki as Mr. Biden’s first press secretary, the center of the communications team and the mouth of the president. The 42-year-old mother with two children served as chief of public affairs and spokesperson of the State Secretary under the Obama administration. Kate Bedingfield, the communications director of the Biden campaign, will serve as the White House’s communications director. The former mouthpiece of the Motion Picture Association of America is also the mother of two kids.
Pres. Moon’s plan to provide rice to N. Korea is canceled
A project to provide rice to North Korea, which was launched after the Moon Jae-in administration took office with about 13 billion won budget, was canceled a year and a half later due to North Korea’s rejection. The Unification Ministry announced that it will give up its plan to provide 50,000 tons of rice to North Korea through the World Food Programme (WFP) and withdraw the project budget. While the ministry proposed a plan to provide rice and fertilizer to the North next year, the resumption of the inter-Korean cooperation seems challenging as North Korea refused to accept any support from the South.
The South Korean government decided to provide rice to the North through the WFP in June last year and transferred 11.77 million dollars to the international organization for project management expenses, such as the shipping and distribution of rice and monitoring. The is the first attempt by the current administration to provide rice to the North and the first of kit kind since 5,000 tons of rice was given to the North by the South Korean government in 2010. The government first considered direct support, but chose an indirect method through an international organization due to North Korea’s refusal to discuss.
LG Energy Solutions to be launched
“LG Energy Solutions,” the battery unit of LG Chem that has been spun off, will be launched on Tuesday. By offering a comprehensive set of battery-related services from battery production to reuse, the new company aims to surpass China’s CATL and Japan’s Panasonic to become the number one energy solutions provider in the world.
According to a source from the battery industry on Monday, LG Chem PresidentKim Jong-hyeon will be appointed as the CEO of LG Energy Solutions in a board meeting on Tuesday, hailing a new beginning. Lee Chang-sil, who has been in charge of the business side of the battery unit, will become the CFO of the company and lead the IPO efforts. About 6,600 employees in the battery unit will be also transferred to the new company on Tuesday.
The goal of LG Energy Solutions is to get a fair evaluation of the company and become a top player in the market. It aims to make 30 trillion won in sales by 2024. It is already on its way to surpassing last year’s sales of 8.35 trillion won with its sales to September at 8.227 trillion won. Its growth is expected to accelerate with orders worth 150 trillion won to deliver.
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The KyungHyang Shinmun (http://english.khan.co.kr/)
In February 1981, Gwangju Saw Chun Doo-hwa Smile
A parade of cars including a black vehicle with a phoenix emblem symbolizing the president in the place of a license plate rolled down the street. A man in the back seat of the black vehicle rolled down the window and waved with a bright smile. The parade of cars were running down Geumnam-ro in Dong-gu, Gwangju, where numerous people died from the gunfire of soldiers at the time of the May 18 pro-democracy movement in 1980.
The man waving his hand to the citizens of Gwangju like a war hero was former President Chun Doo-hwan (89) cited as the man responsible for the May 18 massacre. The image of Chun proudly “marching” down Geumnam-ro was captured on February 18, 1981, nine months after the bloody suppression of the people by the military.
On November 29, the Kyunghyang Shinmun requested the disclosure of information and obtained 69 pictures of Chun’s visit to Gwangju during his term in office from the Presidential Archives of the National Archives of Korea. The pictures of Chun were shot by the photographer in the Public Relations Bureau of the Office of Public Information at the time.
Saunas and Aerobics Studios Closed for 1 Week
The government decided to maintain the level-2 physical (social) distancing in the Seoul metropolitan area. Instead, the government will temporarily suspend the operation of intense group exercise (GX) facilities, such as aerobics studios, and saunas, where there is a high risk of transmission, until further changes to the level of physical distancing. The government will raise the physical distancing level to 1.5 in all areas outside the greater Seoul area for two weeks.
On November 29, the government announced that the newly adjusted level of physical distancing would be enforced for a week beginning December 1. However, local governments with a high risk of transmission, such as Busan, the western Gangwon region (Yeongseo), Gyeongsangnam-do, Chungcheongnam-do, and Jeollabuk-do, decided to take preemptive measures and raise the level of distancing to level 2.
In the past week, a daily average of 416.0 cases of COVID-19 were confirmed in South Korea, already exceeding the requirement to raise the level of physical distancing to level 2.5. However, the government said that it also took into consideration the fact that most of the cases were concentrated in the greater Seoul area as well as the economic impact a level 2.5 distancing could have.
583 COVID-19 Cases Confirmed in a Day, Number of Cases Could Grow Exponentially by Year End
The number of new daily cases of COVID-19 jumped from somewhere around 300 to nearly 600 in just a day. Clusters of over 50 cases were confirmed in just 1-2 days after the first case was detected in various places in our daily lives, such as military bases and aerobics classes. A number of such transmission clusters emerge in a day. The basic reproduction number, which shows how many people are infected by one confirmed patient, has exceeded 2. The government expects to confirm 400-600 new cases a day until early next month, when we will see the effects of the tightened physical (social) distancing.
The Central Quarantine Headquarters announced that as of midnight November 26, authorities confirmed 583 new cases of COVID-19 from the previous day. This was 201 more than the previous day's number of 382. This was the first time in over nine months, since March 6 (518 cases), when the first outbreak occurred centered on the Daegu and Gyeongsangbuk-do region, that authorities confirmed more than 500 new daily cases. Authorities confirmed 213 cases in Seoul, the biggest number in the city since the COVID-19 outbreak first began in South Korea.
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Maeil Business News Korea (http://www.pulsenews.co.kr/)
S. Korea revises up GDP growth in Q3 to 2.1% from 1.9%
The South Korean economy grew 2.1 percent on quarter in the third quarter, faster than earlier guidance of 1.9 percent on bigger facility investment.
The country’s real gross domestic product (GDP) expanded 2.1 percent in the June-September period in the strongest third-quarter performance in 11 years, the Bank of Korea reported Tuesday.
This is up from the 1.9 percent growth estimated in October. Facilities investment growth turned out to be 1.4 percentage points higher, construction investment 0.5 percentage point higher and private consumption 0.1 percentage point higher.
Samsung Engineering wins $1.07 bn methanol plant order in Malaysia
Samsung Engineering Co., the construction and engineering unit under South Korea’s Samsung Group, has won a $1.07 billion deal to build a methanol production plant in Malaysia.
In a regulatory filing on Monday, Samsung Engineering disclosed that it received a letter of intent from Malaysian petrochemical company Sarawak PetChem SDN BHD for a $1.07 billion contract to build a plant that is capable of producing 5,000 tons of methanol on a daily basis in Bintulu, located in eastern part of Sarawak in Malaysia.
Samsung Engineering will carry out the methanol plant project on an engineering, procurement, and construction (EPC) basis with an aim to complete the construction by 2023.
Korea’s industrial activity and domestic demand turn negative in October
South Korea’s industrial activity and domestic demand drooped in October after a brief rebound in the previous month.
The seasonally adjusted mining and manufacturing output in October fell 1.2 percent from a month ago in a sharp retreat from the 5.5 percent rise in September, Statistics Korea reported Monday. Against a year ago, it was down 2.2 percent.
Factory operation averaged 73.7 percent in October, down 0.2 percentage point versus the previous month. Inventory levels fell 0.9 percent on month and 0.1 percent on year.
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What’s ticking around the world at this second?
See what the world media around the world have to report:
USA Today www.usatoday.com aallman@gannett.com
The New York Times www.nytimes.com inytletters@nytimes.com
Wall Street Journal www.wsj.com support@wsj.com, service@wsj-asia.com
Financial Times www.ft.com ean@ft.com
The Times www.thetimes.co.uk help@timesplus.co.uk
The Sun www.thesun.co.uk talkback@the-sun.co.uk
Chinese People's Daily www.people.com.cn kf@people.cn
China Daily www.chinadaily.com.cn circulation@chinadaily.com.cn
GwangmyeongDaily www.gmw.cn webmaster@gmw.cn
Japan's Yomiuri www.yomiuri.co.jp japannews@yomiuri.com
Asahi www.asahi.com customer-support@asahi.com
Mainichi www.mainichi.jp
Le Monde www.ilemonde.com
Italy LaRepubblica www.quotidiano.repubblica.it vittorio.zucconi@gmail.com
Germany Frankfurter AllgemeineZeitung www.faz.net anzeigen.ausland@faz.de
SüddeutscheZeitung www.sueddeutsche.de forum@sueddeutsche.de
Australia Brisbane Times www.brisbanetimes.com.au syndication@fairfaxmedia.com.au
Sydney Morning Herald www.smh.com.au
Colombia Reports www.colombiareports.com
Bogota Free Planet www.bogotafreeplanet.com bfp@bogotafreeplanet.com
El Universal www.eluniversal.com.mx/english
Andes www.redaktionstest.net/andes-info-ec/
Ecuador Times www.ecuadortimes.net/
The Jordan Times www.jordantimes.com/
LSM.lv www.lsm.lv/
The Baltic Times www.baltictimes.com lithuania@baltictimes.com, estonia@baltictimes.com, editor@baltictimes.com
El Pais https://english.elpais.com/
Philippine Daily Inquirer www.inquirer.net/
Daily News Hungary https://dailynewshungary.com/
Budapest Times www.budapesttimes.hu/
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The Korea Post is running video clips from the different embassies.
Azerbaijan: www.youtube.com/watch?v=OR8CBpcQ4WM
Sri Lanka: www.youtube.com/watch?v=hByX92Y2aGY&t=22s
Morocco: www.youtube.com/watch?v=jfFmp2sVvSE
And many other countries.
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