The Korean daily media headlines and humor

The Korean daily media headlines and humor

Wednesday, July 19, 2017

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:

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

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Cartoons and comic strips tell a lot more than words, and this has been especially true in

Korea. Here are some published today, which focus on the monetary embezzlement during

the past government involving the Korean defense industry.

Cartoon by Artist Kwon Beom-chul published by the liberal Korean-language daily,

HanKyoReh Shinmoon dated July 19, 2017

President Park Geun-hye (while in office) tells former Presidential Chief Secretary Woo Byung-

U, with a thumb-up sign, “You are number one!” The Suri

Cartoon by Kim Young-min, The KyungHyang Shinmoon

(Korean-language daily newspaper), dated July 19, 2017

Did they do this?

President Park riding a Surion Korean helicopter receives a box full of money named Confidential Fund.

In fact it is only of the many such boxes seen behind her seat.

The Korean-made helicopter, naturally, has a leaking roof, whenever it rains, meaning that in return for the bribes from the aviation industry the helicopters have to be defective.

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What’s ticking in Korea today?Here is a quick roundup of important news stories from the major Korean news media today:

The Korea Post media (www.koreapost.com) in English, (www.koreapost.co.kr) in Korean.

KBS (http://world.kbs.co.kr/english/news/)

President Moon Seeks to Raise Defense Budget to 2.9% of GDP

President Moon Jae-in said on Tuesday that he seeks to raise the portion of defense budget to the country’s Gross Domestic Product(GDP) by half a percentage point to two-point-nine percent during his term.

Moon disclosed the goal in a luncheon meeting with top military leaders at the presidential office, noting that his administration’s pursuit of dialogue with North Korea will be “meaningless” without overwhelming military forces over the North. Mentioning continuous provocations from the North, the president said national defense and security is an urgent issue for South Korea, urging the military leaders to do their best in reforming and strengthening the military.

"N. Korean Missiles Have Range to Reach US without Accuracy"

Vice Chairman of the U.S. Joint Chiefs of Staff General Paul Selva on Tuesday revealed his assessment on the North Korean ballistic missile program before the Senate Armed Services Committee. The analysis came in the wake of a missile launch earlier this month in North Korea. The Pyongyang regime claimed that it now possesses capabilities to mount a nuclear warhead on an intercontinental ballistic missile(ICBM). [Sound bite: General Paul Selva, Vice Chairman - US Joint Chiefs of Staff] "What the experts tell me is that the North Koreans have yet to demonstrate the capacity to do the guidance and control that would be required." (Sen. John Inhofe: "Yes. No, I was only referring to range.") "Yes, sir. On range, they clearly have the capability."

US Refuses to Confirm Prior Consultation on Seoul's Dialogue Proposal

The U.S. has refused to confirm that South Korea and the U.S. had prior consultation on Seoul’s dialogue proposal to North Korea. U.S. State Department spokesperson Heather Nauert said during a regular news briefing on Tuesday that she could not reveal any diplomatic conversations took place. [Sound bite: US State Department spokesperson Heather Nauert] "Overall we share the very same goal and that is a denuclearized Korean Peninsula. We both remain very concerned about the activities of the DPRK." Nauert said that the U.S. had a terrific visit from President Moon Jae-in recently and that South Korea is the U.S.’ great partner.

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Yonhap (http://english.yonhapnews.co.kr)

Senior diplomats of S. Korea, U.S, Japan to meet over policy, N. Korea

Senior diplomats of South Korea, the United States and Japan will meet here this week to coordinate their policies on issues including North Korea, the State Department said Tuesday. The meeting will bring together Ma Sang-yoon, director-general of the South Korean Foreign Ministry's policy planning bureau, Brian Hook, senior policy adviser to the U.S. secretary of state and director of policy planning, and Satoshi Suzuki, Japan's deputy foreign minister for foreign policy, on Wednesday. "The three plan to exchange views and coordinate policy on a wide range of issues, including the evolving situation in North Korea," the department said in a news release.

S. Korea, U.S. share goal of denuclearized Korean Peninsula: State Department

South Korea and the United States have the same goal of denuclearizing North Korea, the State Department said Tuesday amid speculation the allies disagree on inter-Korean talks proposed by Seoul.

South Korea wants to hold military talks with the North on Friday to discuss ways to ease tensions on their shared border. It also wants to hold Red Cross talks on Aug. 1 to resume reunions of families separated since the 1950-53 Korean War. White House Press Secretary Sean Spicer said Monday current conditions are "far away" from those needed to reopen inter-Korean dialogue. Seoul responded that it consulted the U.S. and other nations on the proposal in advance.

Senior diplomats of S. Korea, U.S, Japan to meet over policy, N. Korea

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The Korea Herald (http://www.koreaherald.com)

How will minimum wage raise affect foreign workers?

Deen Islum, a 34-year-old worker from Bangladesh, now expects his life here to improve, as South Korea’s minimum wage is set to increase by 16.4 percent next year. “I think the minimum wage hike would be good for me. When I asked my boss to raise the wage, the boss has refused it,” Islum told The Korea Herald. “The legal minimum wage hike will allow me to take home more money.” Islum said that he does a very “difficult” job at a stone processing factory, spending some 11 hours a day at work and taking only Sundays off because the current wage is just “too low.”

Government seeks to expand chemical castration

South Korea is moving to expand the scope of chemical castration to make those convicted of phone camera voyeurism and attempted rape subject to the punishment. Under the current law, convicted sex offenders can be sentenced to chemical castration for up to 15 years for assaulting minors under the age of 16. A revision bill, which passed the Cabinet on Tuesday for submission to the parliament, would add more offenses, including the abovementioned two, to the list of sex crimes punishable by the measure. Chemical castration involves administering medication -- either via injection or tablets -- to reduce libido and temporarily prevent the ability to have an erection. The effects are reversible when the person stops taking the drug. South Korea became the first Asian country to introduce it in 2011, after several high-profile sex crimes against minors.

‘Samsung not enthusiastic about AI speaker’

Samsung Electronics may not launch an artificial intelligence speaker anytime soon due to marketable issues, said a source familiar with the matter. There has been growing speculation over whether Samsung will soon roll out an AI speaker, following reports of its development of one powered by voice assistant Bixby. The project codenamed Vega has reportedly progressed for more than a year. “Samsung currently does not view Al speakers as marketable, as the global market is already dominated by unbeatable Amazon and the Korean market is too small to make profits,” an anonymous source told The Korea Herald.

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The Korea Times (http://www.koreatimes.co.kr)

Moon initiates anti-corruption drive

The Moon Jae-in government has initiated inspections and audits into key projects carried out under the previous conservative administrations and corruption allegations involving them. It plans to revive a "trans-government anti-corruption consultative body" as part of Moon's election campaign pledge to clear out "deep-rooted evils." Moon will preside over the consultative body comprised of chiefs of the National Intelligence Service, the prosecution, the National Tax Service and other major government organizations. The main opposition Liberty Korea Party (LKP), which was the ruling party under the two former presidents, claims the move is political retaliation. The prosecution searched the files of Korea Aerospace Industries (KAI), the country's sole aircraft developer and manufacturer, last week, signaling a full-scale inspection into corruption allegations in the defense industry. KAI allegedly made an illicit profit of 24 billion won ($21 million) by inflating the costs for the government project to develop the new Surion utility helicopter.

'Blind hiring can be seed of hope,' says vice presidential spokesperson

Korea, which is home to many international companies, has long been criticized for hiring practices that fall far below international standards. However, the government is finally taking a major step to change the country's highly intrusive and discriminative recruitment practices. Early this month, it announced that it will implement "blind hiring" for all public jobs by September. Ko Min-jung, vice presidential spokeswoman and former news anchor, thinks the new policy can be a "seed of hope" for young jobseekers, just like it was for her 13 years ago.

Wage costs for migrant workers to rise by W1.1 trillion

Small- and medium-sized enterprises (SMEs) will likely spend an additional 1.1 trillion won on labor costs for foreign workers due to last week's minimum wage hike. A panel of labor, management and government representatives on Saturday settled next year's minimum wage at 7,530 won ($6.7), a 16.4 percent jump from 6,470 won this year. Including wage hikes for foreign workers, SMEs' labor costs are expected to grow to over 16 trillion won in 2018 from the initially expected 15.2 trillion won, according to the Korea Federation of SMEs. The organization estimated that labor costs for foreign workers at SMEs in the manufacturing sector will increase from 7.72 trillion won this year to 8.8 trillion won next year.

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DongAIlbo (http://english.donga.com)

U.S. Congress urges caution Trump administration's KORUS FTA amendment

U.S. Congress has called on the Trump administration to take caution on discussions over the amendment of the Korea-U.S. free trade agreement. It is a warning signal to the Trump administration, which unilaterally pushed for amending the free trade agreement. Some analysts say that the issue is getting more complicated with political and economic interests if the Congress adds intervention in the trade deal negotiation.

LG Display emerges as No. 1 producer of large-size automotive displays

LG Display ranked the world No. 1 both in production and sales revenue for large-size automotive displays measuring five inches or larger in the first quarter of this year. According to the global market survey firm IHS on Tuesday, LG Display shipped 4.041 million large-size display panels for automobiles in the first quarter to account for 16.8 percent of the market. The Korean firm became the world’s No. 1 by beating AUO of Taiwan, which shipped 3.883 million units (16.1 percent). They were followed by Innolux of Taiwan, which delivered 3.578 million units (14.9 percent), and Sharp of Japan, which shipped 2.9 million (12.1 percent).

Chungmuro Musical Film Festival opens this weekend

A festival where people can enjoy hit musical movies such as "La La Land" and the "Phantom of the Opera" will be held in Seoul. The Jung-gu Cultural Foundation said Tuesday that it will hold Chungmuro Musical Film Festival as (CHIMFF) at Chungmu Art Center, Dongdaemun Design Plaza and CGV Myeongdong from July 22 through 30. CHIMFF is the first and only musical film festival in the world. It was chosen as the Festival of the Year by the Seoul Metropolitan Government. The keyword of this year's CHIMFF is Bob Fosse. CHIMFF will introduce "All that Fosse," a tribute event to commemorate the 90th birthday of Bob Fosse, the top choreographer and musical film director in the 20th century. "Chicago," a musical-turned movie, will also be shown.

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ChosunIlbo (http://english.chosun.com)

Workers Use Less Than Half of Paid Holidays

Korean workers are entitled to an average of 15.1 days of paid holidays but in fact use only about half or 7.9 days, a survey suggests. One in every three workers cannot afford to take more than five days off a year and 11 percent cannot afford even a day's leave. The findings are based on a poll of 1,000 workers aged 20-59 who have worked in their jobs for more than a year by the Korea Institute for Industrial Economics and Trade. Some 44.8 percent blamed a suffocating working environment for forgoing their leave, and 43.1 percent a heavy workload and lack of substitutes. But forgoing their holidays led to unhappiness (49.9 percent), stress and low efficiency (38.5 percent) or health problems (33.3 percent). Workers in major OECD member states enjoy an average of 20.6 days of paid holidays a year, and most take over 70 percent of that.

Cheong Wa Dae Unearths More Park-Era Documents

Cheong Wa Dae on Monday said that additional documents have been found in the presidential office that potentially incriminate ex-President Park Geun-hye. But officials did not reveal specifics citing the need for a legal assessment. "We found additional documents in a cabinet in the office of the presidential secretary for political affairs on July 14, when the discovery of the first trove of documents was announced," presidential spokesman Park Soo-hyun told reporters.

Choi Soon-sil Claims Prosecutors Pressured Her Daughter

Ex-President Park Geun-hye's confidante Choi Soon-sil claimed Monday that prosecutors coerced her daughter into testifying against her in the bribery trial of de facto Samsung chief Lee Jae-yong last week.

During her own trial on Monday, Choi said, "Prosecutors must have threatened and pressured my daughter to leave me behind." "Prosecutors must reveal what they did to my daughter after taking her away in a car at 2 a.m.," she added.

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HanKyoRehShinmoon (http://english.hani.co.kr)

Pres. Moon setting his N. Korea policy with proposal for talks

On July 17, the government of President Moon Jae-in proposed holding inter-Korean military talks to halt hostile activity on the military demarcation line, and Red Cross talks to organize a reunion of families divided by the Korean War. Significantly, Seoul proposed talks to Pyongyang without making any of the stipulations that Moon had previously made, such as waiting for the right conditions or insisting that North Korea halt its provocations and show its willingness to denuclearize. Coming 11 days after Moon unveiled his “Berlin Declaration” in Germany on July 6 as a blueprint for his North Korean policy, the proposals appear to reflect the government‘s resolve to simultaneously resolve the North Korean nuclear issue and restore inter-Korean relations in an attempt to relax tensions and bring peace to the Korean Peninsula.

North Korea could look to add items to military talks agenda

After the South Korean government simultaneously proposed military talks and Red Cross talks on July 17, North Korea is likely to be focusing on how to respond. Seoul is expecting North Korea to respond in the affirmative. “If North Korea is sincere about seeking peace on the Korean Peninsula and the development of inter-Korean relations and respecting past inter-Korean agreements - including the July 4 Joint Statement, the Inter-Korean Basic Agreement, the June 15 Joint Statement and the Oct. 4 Summit Statement - then it must respond positively to our sincere proposal,” said Unification Minister Cho Myung-gyun. “We expect that the North will respond positively,” agreed Vice Defense Minister Suh Choo-suk while he was proposing military talks on the same day.

Ethnic Koreans in Japan shut out from visiting their homeland

Do you know about the “Chosen-seki” nationality in Japan? This is the label that Japan gave to Koreans (that is, people from the Korean Peninsula) who were living in Japan after it surrendered to end World War II and its colonial rule over Korea came to an end. The Chosen-seki have no connection with North Korea (despite the similarity of the two words in the Korean language). During the presidencies of Kim Dae-jung (1998-2003) and Roh Moo-hyun (2003-08), these Chosen-seki (ethnic Koreans in Japan that have neither Japanese nor South Korean nationality) were basically allowed to freely visit South Korea. But during the subsequent nine years of conservative governments (from 2008-16, under presidents Lee Myung-bak and Park Geun-hye), they were effectively denied access to their homeland. Not only the Chosen-seki but also civic groups, legal experts and scholars are asking the administration of President Moon Jae-in to reform the system.

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JoongAngIlbo (http://koreajoongangdaily.joins.com/)

Kang wants task force to study pact with Japan

Minister of Foreign Affairs Kang Kyung-wha said she will set up a task force to review what the term “final and irreversible” means in the 2015 deal between Seoul and Tokyo to resolve the issue of the Japanese military’s wartime sexual slavery. In an exclusive interview with the JoongAng Ilbo at the government complex in central Seoul on Monday, a month after she was made Korea’s first female foreign minister, Kang said she would personally oversee the task force created by the Ministry of Foreign Affairs, which would also include non-governmental experts.

Samsung and KT vow to boost their recruiting

In response to the Moon Jae-in administration’s push to generate more jobs, Samsung Electronics and KT on Tuesday promised to beef up their new hires in the latter half of the year. Other major businesses are expected to follow Samsung’s lead. Kwon Oh-hyun, vice chairman of Samsung Electronics, made the announcement as he walked out of a meeting of 15 major companies and Lee Yong-sup, vice chairman of a presidential committee devoted to generating jobs. The Korea Chamber of Commerce and Industry, the lobbying group representing local businesses, arranged the meeting to discuss job policies.

KAI subcontractors raided in kickback probe

Prosecutors Tuesday morning raided five subcontractors of the nation’s sole aircraft manufacturer, Korea Aerospace Industries (KAI), on suspicion of inflating the costs of their products or services and bribery.

Dozens of investigators descended on the offices of subcontractors in cities including Jinju and Sacheon in South Gyeongsang to secure hard drives, mobile phones, account books and documents amid allegations that KAI gave kickbacks to subcontractors. Last Friday, investigators raided KAI’s headquarters in Sacheon and other offices in Seoul, launching a Seoul Central District Prosecutors’ Office probe into allegations that KAI inflated expenses for developing military aircraft and pocketed gains of at least tens of billions of won.

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The KyungHyangShinmoon (http://english.khan.co.kr/)

Proposes Military & Red Cross Talks with North Korea] Restore Channel for Dialogue with 1+1 Talks: Government Embarks on "Berlin Initiative"

On July 17, the government simultaneously suggested that the two Koreas engage in military talks to cease hostile activities and Red Cross talks for a reunion of separated families this chuseok. This is the first time since the launch of the Moon Jae-in government that South Korea has proposed inter-Korean talks to Pyongyang. This is the first follow-up measure to implement the ideas that President Moon Jae-in presented in his "Korean Peninsula Peace Initiative (Berlin Initiative)" in Germany on July 6. If North Korea accepts the proposal, inter-Korean government talks will resume for the first time in a year and seven months, since the last inter-Korean vice ministerial-level talks in December 2015. It will be the first military talks in 33 months, since a private meeting in October 2014. North Korea's response to the latest proposal will be a means to predict inter-Korean relations and will also be a critical factor in determining the political situation on the Korean Peninsula.

President Moon Waves "Anti-Corruption Flag" and Leads Efforts to Eradicate Corruption

In a meeting with the Cheong Wa Dae senior secretaries and advisers on July 17, President Moon Jae-in fiercely criticized corruption in the defense industry and ordered his staff to restore the anti-corruption "control tower" that was in operation during the Roh Moo-hyun government. At the time of the Roh Moo-hyun government, this group, which was named the Council of State Agencies Against Corruption, was formed following a presidential order in 2004, but it held its ninth and final meeting in April 2007. Cheong Wa Dae said that the purpose of reinstating this council was to improve the nation’s corruption perceptions index (CPI), which had dropped under the conservative governments.

Chinese Human Rights Activist Hu Jia, Recipient of the Sakharov Prize, "The Communist Party Banned Us from Making a Grave. I Regret that the Korean Government Did Not Release a Comment"

Liu Xiaobo, a Chinese human rights activist and the recipient of the Nobel Peace Prize is now a handful of ashes. The Chinese authorities cremated his body on July 15, two days after he died of liver cancer, and let his urn sink into the sea. The authorities announced that they cremated the body after "humanitarian consideration," but Liu's wife, Liu Xia had reportedly opposed the cremation and she refused to appear at the press conference when the authorities announced the cremation.

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The Korea Economic Daily (http://english.hankyung.com/)

Fair Trade Commission Sets out to Investigate Essential Item Costs of Franchise Businesses

The Fair Trade Commission will investigate profit margins of essential items sold to franchisees by franchise companies. In addition, all franchisers will from now on disclose whether they take rebates from suppliers when they receive such items. Kim Sang-jo, Chairman of the competition watchdog, announced on July 18 measures to keep unfair practices of the franchise business to a minimum in a press briefing held in the Sejong government complex. This is in line with his remarks upon taking up the top job that he would make sure to rectify high-handed manners of franchisers.

More Gas Station Owners Show Willingness to Switch to Self-service Stations

After the government decided to increase the minimum wage growth rate for the next year by 16.4 percent, the number of gas stations that intend to switch to self-service stations is fast on the rise. An official with the Korea Oil Station Association said on July 18, "We have been getting a lot of inquiries from gas station owners whether they can get the association's subsidies if they switch to a self-service one." On average it costs 100 million won for a full-service filling station to turn into a self-serve one. Nonetheless, more and more gas stations are moving toward self-service ones due to higher labor cost.

Samsung Pay Joins Hands with PayPal

Samsung Electronics forged a business tie-up with the world's largest online payment service PayPal as a way to promote the uptake of its mobile payment service Samsung Pay. Samsung announced on July 17 that it will expand the Samsung Pay service under the partnership with PayPal which is used by more than 200 million people worldwide. The Samsung Pay users who register their PayPal accounts with Samsung Pay, can make online and offline payments just like those who register their credit cards or debit cards. When making offline payments through a PayPal account, users should select PayPal instead of credit or debit cards for payment on the list of payment methods.

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AJU Business Daily (http://eng.ajunews.com/korea)

Chinese retaliation will continue in first half of next year

We can learn a lesson from how Japan has overcome its row with China over Diaoyudao (Senkaku Islands in Japanese) in September 2012, as China's retaliation for the deployment of a THAAD battery in South Korea showed a similar pattern. Despite time lags, we can gauge the impact of China's retaliation and what scenarios will be possible if we compare these two situations. Timing is proper because we can find a common ground -- the Chinese boycott targeting new cars and consumer goods come with a sharp drop in the number of inbound travelers.

Popularity of Japanese beer jacks up up total market share of foreign brands

Imported beer led by Japanese brands beat local brands in South Korea for the first time this year, garnering a combined market share of 51.1 percent, business data showed. Japanese beer is popular among young people in South Korea, topping the list of best-selling foreign brands, according to an annual survey published by Lotte Mart, a major discount chain run by South Korea's Lotte Group. Helped by their soaring popularity, foreign brands have boosted their combined market share in South Korea to 34.5 percent in 2015 and 40 percent last year.

Samsung to recover gold and other metals from recalled Note 7s

After a brown study for months, Samsung decided to recover valuable resources from recalled Galaxy Note 7s. In its recycling process, the tech giant hopes to retrieve about 157 tons of metals including gold, silver, cobalt and copper. "We will separate reusable parts such as OLED display modules, memory chips and camera modules to use them as service resources and sell the rest," Samsung said in a statement Tuesday. "Thorough this recycling project, about 157 tons of metals such as gold, silver, cobalt and copper are expected to be recovered and we are to think of a way to make use of the metals."

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Maeil Business News Korea (http://www.pulsenews.co.kr/)

Samsung Elec ramps up 8GB high-bandwidth memory capacity

Samsung Electronics Co. said Tuesday it was ramping up capacity for second-generation, or 8GB (bytes per second) high-bandwidth memory (HBM2) - costly, high-performing, and power-efficient memory mostly used to power machine-learning data centers and supercomputers - to meet growing demand for their applications in graphic cards and network systems. The world’s largest memory chipmaker that became the first in the industry with capacity of mass-producing the second-generation HBM, a multi-stack of DRAM dies, in June last year will make the chips take up more than half of the total output in high-performance memory by the first half of next year. It also would release an upgraded version in the 8GB HMB2 based on new designing and processing technology in the second half of this year.

Naver releases official version of AI-based translation app Papago

South Korea’s internet portal giant Naver Corp on Wednesday will release the official version of its artificial intelligence(AI)-based multilingual machine translation service Papago capable of translating long text with up to 5,000 words. It had introduced the beta version in August last year. Naver said on Tuesday that it would release Papago application upgrade for android-based and iPhone smartphone users on Wednesday. After the upgrade, Papago’s one-time translation capability will be expanded from up to 200 words per text to 5,000 words or the same as that of Google’s Translate app. It will also introduce Papago for computer users that tend to have greater demand for translating longer text like a piece from news articles and research papers on the same day.

Hanil Cement completes buyout of Hyundai Cement to rank No.1 in Korea

Hanil Cement Co. completed acquisition of Hyundai Cement Co. to ascend to the top rank in the Korean cement industry. The consortium of Hanil Cement and LK Investment Partners delivered full 622.1 billion ($552.2 million) payment for a controlling stake of 84.56 percent stake or 14.17 million shares of Hyundai Cement from 32 creditors, including Korea Development Bank and Hana Financial Investment Co. The two companies formed HLK Holdings, a special purpose company, to acquire the shares. The buyout makes Hanil the country’s leading cement company with domestic shipment of 11.17 million tons, overtaking Ssangyong Cement Industrial Co. of 9.91 million tons.

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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 Timeswww.nytimes.com inytletters@nytimes.com

Wall Street Journalwww.wsj.com support@wsj.com,service@wsj-asia.com

Financial Times www.ft.com ean@ft.com

The Timeswww.thetimes.co.uk help@timesplus.co.uk

The Sun www.thesun.co.uk talkback@the-sun.co.uk

Chinese People's Dailywww.people.com.cn kf@people.cn

China Dailywww.chinadaily.com.cn circulation@chinadaily.com.cn

GwangmyeongDailywww.gmw.cn webmaster@gmw.cn