Friday, June 24, 2022
Round-up of important news from major Korean dailies and from international media today
The Korea Post ( www.koreapost.com )
The Czech Honorary Consulate opens in Busan
The Czech Honorary Consulate in Busan opened at the KNN Tower in Haeundae, Busan on June 22 and started full-scale consular work. The opening ceremony was attended by Nexen Group Vice Chairman Kang Ho-chan, who was appointed as the Czech honorary consul, Head Kang Ui-gu of the Busan Consuls Group, Ambassador Gustav Slamechka of Czech in Seoul and staffers from the Czech Embassy.
UAE Embassy participates in ‘IGF 2022’
UAE Embassy announced that they had participated the ‘IGF 2022 (Imported Goods Fair 2022)’ opened at COEX Hall C for 3 days and began to promote its country’s various product in the earnest. On this day, H.E UAE Ambassador to Korea Abdulla Saif Al Nuaimi and related official from the embassy participated in the opening ceremony of UAE booth to announce the opening of the booth for promoting UAE products.
For children - safe cyberspace
Now many are literally sounding the alarm in connection with the bullying of children on the Internet. Cases of cyberbullying are on the rise. How to protect minors from this? How effective are legal safeguards? The Internet and social networks have become the most popular type of leisure activities, and for young people they have practically replaced live communication.
Chosun Ilbo (http://english.chosun.com)
Korea Reports 1st Case of Monkeypox
Korea reported its first case of monkeypox on Wednesday as the virus spreads around the world. The patient had a headache a day before arriving in Korea, felt tired and displayed skin lesions. He voluntarily reported to health authorities at Incheon International Airport and was taken to hospital. Health officials classified eight out of 49 people who were aboard the same plane as mid-level risks and 41 as low-level risks.
Yoon to Hold Trilateral Summit with Biden, Kishida in Madrid
President Yoon Suk-yeol will hold a trilateral summit with U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida on the sidelines of the NATO summit in Madrid next week. A presidential official on Wednesday told reporters that "the possibility is open" for a trilateral summit. Another official said, "The leaders will talk about trilateral security cooperation" focusing on North Korea's nuclear and missile threats.
New GM Korea CEO Pledges to Turn Carmaker Around by Next Year
New GM Korea CEO Roberto Rempel has promised that his company will reach breakeven point this year and make a profit from next year. "Now we are in the stage of a new chapter for GM in Korea, fulfilling our commitment made in 2018 and turning the spin towards growth with our confident strategy of strong export and multi brands in Korea," he told reporters Wednesday.
Joongang Ilbo (https://koreajoongangdaily.joins.com )
President Yoon Suk-yeol fumes over police appointments leak
President Yoon Suk-yeol said he was outraged over the police's premature announcement of a top-level reshuffle — which came before his own approval. Speaking to reporters at the Yongsan Presidential Office, Yoon said Thursday morning, "This could be considered a total lapse in state discipline or an absurd mistake that cannot be made by public officials."
Kim Jong-un discusses changes to front-line units
North Korean leader Kim Jong-un and high-ranking officials discussed changes to front-line military units during a major party meeting, state media reported Thursday amid speculation the regime could deploy tactical guided weapons and short-range ballistic missiles to frontline artillery units. According to an English-language report by the state-run Korean Central News Agency (KCNA), Kim presided over a meeting of the third enlarged session of the eighth Central Military Commission of the ruling Korean Workers’ Party on Wednesday
PPP chief left hanging on sex bribe discipline deliberations
The People Power Party's (PPP) ethics committee deferred for two weeks a decision on whether to take disciplinary action against Chairman Lee Jun-seok over allegations he received sexual services as a bribe and tried to cover it up. The ethics committee met at the National Assembly Wednesday evening to review whether Lee violated his duty to maintain the standards required of a party leader.
The Dong-A Ilbo (http://english.donga.com/)
Gov’t plans to change the 52-hour workweek rule
The government is reviewing to revise the 52-hour workweek rule by extending overtime hours that are currently regulated on a weekly basis to a monthly basis. Through the Future Labor Market Research Council that will begin operation in July, the government will conduct studies on flexible working hours arrangements and wage system reform based on job tasks and performances, thereby expediting labor reform.
MOEF reported how it will innovate public institutions to Yoon
It was confirmed that the ministry, which is formulating an innovation plan for public institutions, presented a direction for their innovation, reduction of manpower and welfare benefits of public institutions at a cabinet meeting attended by President Yoon Suk-yeol on Tuesday. The government is considered to start reining in the public institutions in earnest that are being managed in a lax manner.
Seoul apartment prices slide for four consecutive weeks
The apartment prices in Seoul have been on downward trend for four consecutive weeks, with a bigger drop, especially in Songpa and Gangdong districts. The downward trend is likely to continue for a while, as further interest rate hike is expected and concerns for global economic recession are looming large.
Maeil Business News Korea (http://www.pulsenews.co.kr/)
USD-KRW breaks 1,300 for the first time in 13 yrs despite intervention
The South Korean won fell below 1,300 threshold against the U.S. dollar for the first time in 13 years, despite interventionist efforts from authorities, on multiple downside from continued foreign flight from Korean capital markets, yen’s downfall, and widening trade deficit.
S. Korea highly reliant on grain imports improvising every way to survive grain crisis: minister
Seoul will up government grain reserve and overseas networks while improvising what can be done to survive strong grain prices that are likely to persist into next year, said Chung Hwang-keun, the Minister of Agriculture, Food, and Rural Affairs. The government is devising grain readiness for lengthened surge in grain imports and repeated food challenges from climate changes
Seoul going all-out to restore nuclear reactor supremacy
Calling the policy to phase out of nuclear power under the last government “foolish”, South Korean President Yoon Suk-yeol on Wednesday vowed to restore the country’s reactor supremacy through multibillion-dollar procurements annually and R&D investment for the goal of exporting 10 reactors by 2030. He reconfirmed reversal of reactor phase-out policy by visiting a reactor factory site of Doosan Enerbility
HanKyoReh Shinmun (http://english.hani.co.kr)
Yoon slams Moon’s nuclear phaseout as “idiotic,” pledges to reinvest in nuclear power
With the South Korean government proclaiming a major renaissance of the nuclear power industry, President Yoon Suk-yeol stressed that his administration will “actively help out so workers can get excited about their work” while visiting a nuclear power parts supplier in Changwon, South Gyeongsang Province, on Wednesday.
Japanese event commemorating Jeju April 3 Incident draws hundreds
“Who was it who said to kill the islanders? The times were like madness. Fished out from the sea, your voices ring out in the heavens today, 74 years later. Oh sleepless souls, oh era of wandering, oh noble hearts that were traded for lives. God of the Halla winds, come to us here.” The words of a poem of remembrance in Japanese by Zainichi Korean Kim Sun-ae quietly echoed through the setting for a commemorative talk and ceremony for the 74th anniversary of the Jeju April 3 Uprising and Massacre.
Seoul hints at trilateral summit with US, Japan during NATO summit
South Korean President Yoon Suk-yeol is scheduled to speak for three minutes on the North Korean nuclear issue at a NATO summit taking place in Madrid, Spain, on June 29–30. The presidential office also said there was the “possibility of a trilateral South Korea-US-Japan summit on the topic of security cooperation during this period.”
The KyungHyangShinmun (http://english.khan.co.kr/)
South Korea Successfully Launched First Aviation Satellite on June 23
South Korea succeeded in launching the first aviation satellite for the Korea Augmentation Satellite System (KASS). On June 23, the Ministry of Land, Infrastructure and Transport announced, “We have successfully launched the first aviation satellite for the Korea Augmentation Satellite System (KASS) to provide accurate location information services throughout the entire country.”
Serious Accident Punishment Act Enforced, But 15 Workers Died in Sites Overseen by Local Governments This Year
Since the Serious Accident Punishment Act was enforced, fifteen workers died in accidents that occurred in construction projects ordered or directly carried out by upper and lower-tier local governments. On June 23, the Ministry of Employment and Labor announced that after analyzing the status of serious accidents that occurred in the first half of this year, they confirmed that from January 27
Nervous 15 Minutes: Nuri Smoothly Soared into the Sky
At exactly 4 p.m. June 21, when the countdown for the second launch of Nuri reached zero, a thundering roar boomed from Naro Space Center in Goheung, Jeollanam-do. The reporter dashed out of the press center set up about 3 km away from the launch pad and looked up into the sky. Nuri quickly shot up into the sky, so fast that just ten seconds after liftoff, one had to tilt one’s head as far back as possible to keep his eyes on the rocket.
S. Korean Won Hits 13-yr Low; Kospi, Kosdaq Close At Annual Low
The South Korean won closed at one-thousand-301-point-eight against the U.S. dollar, surpassing the one-thousand-300 won mark for the first time in nearly 13 years. The local currency ended the day at its weakest since July 13, 2009. Korean stocks fell to its lowest this year for the second consecutive day on Thursday amid lingering concerns over high inflation and a global economic slowdown.
Labor Ministry Announces Blueprint for Labor Market Reforms
The labor ministry has announced its blueprint for labor market reforms as it seeks to follow through on President Yoon Suk Yeol's pledge for reform. In a briefing on Thursday morning, labor minister Lee Jeong-sik explained in detail the directives for the labor market which were first introduced in the Yoon administration's first economic policy objectives.
S. Korea, U.S. Top Brass Reaffirm Combined Defense Posture
Top military officials in South Korea and the United States have discussed the security climate on the Korean Peninsula. According to Seoul’s Joint Chiefs of Staff(JCS), JCS Chairman Gen. Won In-choul and his U.S. counterpart Gen. Mark Milley held virtual talks on Thursday and agreed their nations' joint defense posture is more solid than ever before.
Yoon slams premature announcement of police reshuffle
President Yoon Suk-yeol expressed outrage Thursday that a reshuffle of senior police officials was announced prematurely before receiving his approval, saying it amounted to a "disturbance of national discipline." Police released the names of new senior superintendents general on Tuesday evening, only to reverse seven of them two hours later.
As rainy season begins, downpours hit Seoul, other cities
Heavy rain pounded Seoul and northern parts of the country Thursday, marking the start of the one-month annual rainy season, the state weather agency said. More than 100 millimeters of rain had fallen in Gyeonggi Province, Incheon and Gangwon Province as of 9:00 p.m., the Korea Meteorological Administration (KMA) said.
New COVID-19 cases below 10,000 for 14th day amid slowing omicron
South Korea's new coronavirus cases stayed below 10,000 for the 14th straight day Thursday amid a steady omicron downtrend, though the country remains vigilant against any potential virus resurgence. The country reported 7,497 new COVID-19 infections, including 92 cases from overseas, bringing the total caseload to 18,305,738, the Korea Disease Control and Prevention Agency (KDCA) said.
The Korea Herald (http://www.koreaherald.com)
North Korea’s COVID-19 crisis: How bad is it and what’s next after May wave
South Korean public health experts said in a forum Wednesday the true scale of North Korea’s COVID-19 outbreak could be double the numbers reported, with possibly 100 times more deaths, even in an optimistic scenario. The forum was co-organized by the Korean Sharing Movement and other organizations in the health care sector including the Korea Medical Association.
N. Korean military discusses changes to operational plan, frontline forces’ mission
The North Korean military on Wednesday discussed how to revise an operational plan and missions of front-line units at a key meeting, which experts view as preparations that would allow tactical nuclear weapons to be deployed along the inter-Korean border.
Ex-Deputy Prime Minister Cho Soon dies at 94
Former Deputy Prime Minister Cho Soon, a renowned economics expert who served as the first publicly elected mayor of Seoul, died of natural causes on Thursday at the age of 94. Cho died at around 3:38 a.m. Thursday while under treatment at the Asan Medical Center in Songpa-gu, southern Seoul.
The Korea Times (http://www.koreatimes.co.kr)
North Korea delays nuclear test due to pressure from China, fear of backlash: experts
North Korean leader Kim Jong-un has yet to press the nuclear button, despite urgent warnings from South Korean and U.S. intelligence authorities that the North has completed preparations for another nuclear test. Diplomatic observers agree that a nuclear test is still imminent. But they believe the delay may be due to pressure from China or because Pyongyang is weighing the possible political repercussions.
World of 'hanji' unfolds in southern Italian city of Bari
A colorful "hanji" wonderland has unfolded in the Italian port city of Bari. The exhibition, "Hanji: Paper of Life," which runs until July 25 at a museum that is housed within the massive 13th-century fortress, Castello Svevo, introduces the traditional Korean paper made with the inner bark of the mulberry tree from its centuries-old production process to its bright-colored contemporary paper handicrafts.
Yoon angered by police releasing unapproved reshuffle announcement
President Yoon Suk-yeol lashed out at the Korean National Police Agency on Thursday for releasing unapproved documents regarding a police reshuffle before it had been finalized, saying it is either "a disturbance of national discipline" or "a nonsensical error" by government officials. "I picked up the story from a news article and looked it up to find out what had actually happened.
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