The Korean daily media headlines and humor
The Korean daily media headlines and humor
  • Lee Kyung-sik
  • 승인 2017.09.18 17:31
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The Korean daily media headlines and humor

Monday, September 18, 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


Lee Kyung-sik


Korea Post Media


Your Excellency:

We have a very interesting Diplomat Tour coming up on Friday, Sept. 22, 2017

How would Your Excellency and Madam wish to see the exciting National Food Show to be presented by your Colleagues? On the opening day, the National Food Show is presented by the Madams of the Ambassadors of Iran and Azerbaijan on the Opening Day and by the Madams of the Ambassadors of Spain, Vietnam, Italy, the Philippines, Poland, Algeria, Egypt, Jordan on the following days.

Here is the final schedule of the Namyangju Slow Life International Food Festival for the Ambassadors and Spouses:

0900 hours, Friday, Sept. 2017: Meet at the Grand Hyatt Seoul (near the water fountain).

1000-1030 hours: Attend Opening Ceremony with Mayor and Mrs. Lee Seok-woo of the Namyangju City.

1030-1200 hours: Watch the Lee Sang-bong Fashion Show.

1200-1330 hours: Attend luncheon hosted by Mayor and Mrs. Lee of Namyangju City.

1330-1400 hours: Tour the Slow Life Festival exhibition.

1400-1500 hours: Attend a "Food Talk Show" of 10 Countries with Food and Dance.

1500-1600 hours: Tour exhbition booths of over 40 different countries of the world.

1600-1630 hours: Move back to Grand Hyatt Seoul.

Very Respectfully Yours


Lee Kyung-sik


The Korea Post media

For inquiries, please call Ms. Sua Kim (010-7584-5873) and/or Publisher-Chairman Lee Kyung-sik (010-5201-1740).

( )


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 ( in English, ( in Korean.


Moon to Embark on US Trip for UN Assembly

President Moon Jae-in is set to embark on a five-day trip to the U.S. to attend the UN General Assembly in New York. The president will seek cooperation from the international community on the North Korean nuclear issue through his speech at the UN and during summit talks with major countries. Alannah Hill has more.President Moon Jae-in will depart for the U.S. along with his wife Kim Jung-sook on Monday afternoon for his second trip to the U.S. since his inauguration in May. During his five-day trip through Friday, the president will deliver a keynote speech at the UN, calling for the world community's cooperation in implementing the UN Security Council sanctions against Pyongyang and explaining Seoul's North Korea policies.

Moon's Security Adviser: Pres to Work to Prevent Second Korean War

President Moon Jae-in's top security adviser says that South Korea, the U.S. and Japan are concerned about the possibility of a second Korean War and that Moon will work to prevent such an event. Chung Eui-yong, head of the National Security Office, made the remark in an interview with the German weekly Der Spiegel published on Saturday, expressing deep concern about the current security condition on the Korean Peninsula. Chung said that with the lack of dialogue channels between the two Koreas, any misunderstanding between low-level military officials in the chain of command could trigger military tension.

Moon, Trump Agree to Thoroughly Implement UN Resolutions

President Moon Jae-in spoke with United States President Donald Trump and agreed to thoroughly implement United Nations sanctions on North Korea.Presidential spokesman Park Soo-hyun said that during the phone call on Sunday morning, the two leaders sternly condemned North Korea’s latest missile provocation in the wake of the UN Security Council’s adoption of a new resolution over the North’s sixth nuclear test. In the 25-minute phone call, the two leaders reportedly agreed to further strengthen the close cooperation between Seoul and Washington and put tougher more practical sanctions and pressure to make Pyongyang realize its provocation will only lead to deeper diplomatic isolation and additional economic sanctions.


Yonhap (

S. Koreans' charge falls short at LPGA season's final major

South Korean contenders' charge fell short at the LPGA Tour's final major championship of the season here on Sunday. Kim Sei-young was the top finisher from the South Korean contingent at the weather-shortened Evian Championship at par-71 Evian Resort Golf Club in Evian-les-Bains, France, where she tied for sixth at seven-under 206. Kim ended two strokes out of the playoff between Brittany Altomare and Anna Nordqvist. Nordqvist beat Altomare with a bogey on the first playoff hole, the par-four 18th, to claim her second career major title. Kim had five of her six birdies on the back nine en route to shooting a 68 on Sunday. She could well have joined the playoff if not for the double bogey at the par-four 10th.

President Moon to embark on trip to New York for U.N. assembly

President Moon Jae-in was set to embark on a five-day trip to New York on Monday to attend the U.N. General Assembly and hold talks with other leaders on how to rein in North Korea's evolving nuclear and missile provocations. His trip follows North Korea's sixth nuclear test on Sept. 3 and a series of missile firings. The presidential office Cheong Wa Dae said earlier Moon will hold a luncheon and summit with the leaders of the United States and Japan in New York on Sept. 21. The official, speaking on condition of anonymity, said the communist state's continuing provocations will likely top the agenda for the three-way summit.

Operating margin of top 100 listed firms slows over 3 years

South Korea's top 100 listed companies have seen their average operating margin lose steam over the past three years amid a slowdown in overall business conditions, a market tracker said Monday.The average operating margin of the leading firms stood at 5.48 percent for the 2014-2016 period, lower than the comparable figure of 5.8 percent from 2007-16, according to The figure refers to the ratio of operating income to sales and serves as a key barometer of a company's profitability. Of the total, 63 companies, including top-cap Samsung Electronics Co., saw their three-year median hover below the average for the past decade, with seven out of the top 10 companies suffering setbacks.


The Korea Herald (

Seoul, Washington agree on ‘stronger, more practical’ pressure on Pyongyang

Seoul and Washington will seek “stronger, and more practical” measures against North Korea, South Korea’s presidential office said Sunday. According to Cheong Wa Dae, President Moon Jae-in and US President Donald Trump agreed to cooperate more closely and to work with the international community to further raise the pressure on Pyongyang. “(Moon and Trump) agreed to bring stronger and more effective sanctions and pressure to make the North Korean regime realize that provocations will bring tougher diplomatic isolation, and economic pressure that will (put the regime) on the path to ruin,” Cheong Wa Dae spokesman Park Soo-hyun said.

Korean car sales keep sliding in China

The sales of South Korea’s two largest automakers, Hyundai Motor and Kia Motors, continued to plunge in China last month amid growing competition in the local market, as well as the prolonged political tension between China and South Korea over the deployment of a US missile defense system. Hyundai Motor and its sister company Kia Motors last month sold a total 76,010 vehicles in China, compared to 124,116 units in August last year, according to the companies’ data.
Hyundai Motor’s sales in August this year declined by 35.4 percent to reach 53,800 units, and Kia Motors’ sales dropped by 45.5 percent to mark sales of 23,200 units.

What ‘operationally ready’ Hwasong-12 means

North Korean leader Kim Jong-un on Saturday declared the intermediate-range Hwasong-12 missile operationally ready, a day after test-firing it at a normal angle over Japan’s northern island of Hokkaido. This is the missile with which the communist regime had earlier threatened to contain the Pacific island of Guam, a key US military outpost about 3,400 kilometers from Pyongyang. The Korea Herald looks into what an “operational Hwasong-12” means in the North’s missile capacities, as well as for South Korea, the US and other allies.


The Korea Times (

Moon, Trump, Abe summit may include military options on North Korea

The leaders of South Korea, the United States and Japan may discuss possible military options against North Korea when they meet Thursday on the sidelines of the U.N. General Assembly (UNGA) session in New York, analysts said Sunday. The joint summit will take place as North Korea has ignored all international sanctions against its nuclear and missile provocations since July 6 when President Moon Jae-in last met U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe in Germany while attending the G20 summit. They had vowed to put maximum pressure on the North to bring it back to dialogue for denuclearization, only to see Pyongyang carrying out its sixth nuclear test and a series of ballistic missile launches afterwards.

Korea halves investments in China

Korean companies have reduced their investments in China by nearly half this year as it has become difficult to do business there amid Beijing's growing economic retaliation against Korea's deployment of a U.S. missile defense system.
Suffering a prolonged sales slump in China, a number of major Korean companies, including Lotte Mart and Orion, are reportedly not only downsizing their direct investments but also considering restructuring their business operations there or even a withdrawal from the market. According to the Bank of Korea, Sunday, foreign direct investment (FDI) in China marked a 5.6 percent growth in 2015 compared to the previous year, but decreased by 0.2 percent last year. Between January and July this year, FDI in China was down by 6.5 percent from a year ago.

Moon urged to foil Kim's 'sidelining' strategy

President Moon Jae-in should thwart North Korean leader Kim Jong-un's attempt to sideline South Korea, according to William Brown, an adjunct professor at the Georgetown School of Foreign Service. To that end, he called on Moon and his administration to reinforce ties with the U.S. and Japan, while beefing up missile capabilities to counter the North's provocations. This advice came amid growing concerns that North Korea's continued provocations, particularly following its sixth and biggest nuclear test, have opened a rift in the South Korea-U.S. alliance.


DongA Ilbo (

Moon, Trump agree on tougher sanction on Pyongyang

“We should increase pressure on North Korea so that the North Korean regime realizes that it will enter the path toward collapse as Pyongyang continues provocations. President Moon Jae-in held his fifth call since his inauguration with U.S. President Donald Trump on Sunday and reached agreement to that effect. President Moon mentioned path to collapse meaning the demise of the Kim Jong Un regime, as he shared consensus with the Trump administration, which has been angered by the North’s provocations.

iPhone X’s Face ID raises privacy questions

The new iPhone X’s facial recognition system “Face ID” raises questions since Apple unveiled the phone on last Tuesday (local time). Washington politicians continue to express concerns over the exposure of personal information. Senator Al Franken of Minnesota sent a letter to Apple CEO Tim Cook with some questions on the privacy and the security of the Face ID feature to explain the company’s measure on the protection of personal information in detail.

N. Korean nuke issue heats up Chinese public opinions

As North Korea continues to show rapid improvements in nuclear and missile technologies, more and more debates on policies designed towards the Korean Peninsula are gaining heat in China, the aiding country to the reclusive nation. The debate openly held to the public are led by scholars and former officials, and issues range from responsibilities of North Korea, ways to deal with the crisis from the neighboring peninsula, stopping crude oil transfer to the North, the rationale behind the retaliating response to THAAD deployed in South Korea.


Chosun Ilbo (

Moon, Trump Agree on Stronger N.Korea Sanctions

President Moon Jae-in and his U.S. counterpart Donald Trump on Sunday agreed to impose stronger sanctions on North Korea. In a telephone conversation, the two leaders "agreed to strengthen cooperation and exert stronger and practical sanctions so that it realizes provocative actions leads to further diplomatic isolation and economic pressure," Cheong Wa Dae spokesman Park Soo-hyun told reporters. Moon and Trump discussed responses to the North's latest nuclear test and the launch of a Hwasong-12 intermediate-range ballistic missile on Friday.

Most Young People Want Small Weddings But End up Going Big

Eight out of 10 single young men and women want a small wedding but only five percent actually manage to get what they want, a poll suggests. The Korea Consumer Agency polled 1,000 single men and women and 1,000 married men and women in August. In the unmarried group, 79,6 percent said they want a small wedding, but only 5.4 percent amongst the married respondents said they had one. Nine out of 10 unmarried respondents said they want to invite only their families and close friends, but in reality 56.4 percent of married respondents managed to limit their guest list.

Goldman Sachs to Handle Lotte Mart Sell-off in China
Lotte Mart has chosen Goldman Sachs to manage the sell-off of its 99 stores in China as chicanery and an unofficial boycott caused it billions in losses. Until recently Lotte had planned to sell off only the worst-hit stores in China, but now it seems they will all go. "Although we have not reached a decision on the scale of the asset sell-off, we are not ruling out the possibility of selling all Lotte Mart stores in China," a staffer said.


HanKyoReh Shinmun (

Samsung faces difficult choices over reforming owner-management model

“We will reflect on the mistaken practices of the past and accept what has been said about Samsung . . . working to become a company that inspires trust and hope.” This was part of the open apology to the public issued by Samsung in 2006 in connection with the so-called “X-file scandal.” Since taking over in 1987, Samsung Electronics chairman Lee Kun-hee, part of the second generation of managers from the ruling Lee family, made great contributions to the group’s astonishing management performance and the development of Samsung into South Korea’s leading global IT business.

Structural reforms needed to avoid long term economic stagnation

“Bold structural reforms alone are the only source for South Korea’s future growth. The question is how we overcome resistance from vested interests.” This was the message from Bank of Korea (BOK) Monetary Policy Board member Cho Dong-chul at an international seminar organized on Sept. 7 by the BOK, the Ministry of Strategy and Finance, the International Monetary Fund (IMF), and the Peterson Institute for International Economics.

Calls for government-led reform of chaebol gaining steam

Samsung Electronics vice chairman was sentenced to five years in prison last month in his first trial on bribery charges. It was the first example of actual prison time for a member of the Lee family that controls South Korea’s leading chaebol.

“With their demands to put an end to old vices, the citizens who took to the streets in the candlelight protests realized that government-business collusion was at the root of them,” said Seoul National University Graduate School of Public Administration professor Park Sang-in.


JoongAng Ilbo (

Kim seeks ‘equilibrium of real force’ with U.S.

North Korea once again pointed the finger at the United States Saturday while bragging about its latest missile launch, claiming that the test was aimed at “calming down the belligerence” of Washington’s military threat. Leader Kim Jong-un was quoted as saying that his country’s “final goal” was to “establish the equilibrium of real force with the U.S. and make the U.S. rulers dare not talk about military option for the DPRK,” according to an English version of the dispatch, reported via the state-run Korean Central News Agency (KCNA). DPRK is short for North Korea’s official name, the Democratic People’s Republic of Korea.

Moon and Trump discuss bolstering South’s military

The leaders of South Korea and the United States agreed Sunday to bolster their cooperation to counter North Korea’s escalating nuclear and missile provocations, particularly Seoul’s plan to improve its military capabilities to deter Pyongyang’s threats by introducing advanced U.S. weapons. President Moon Jae-in and U.S. President Donald Trump had a 25-minute phone conversation on Sunday to address the latest North Korean missile launch. The Kim Jong-un regime fired an intermediate-range ballistic missile Friday morning from the Sunan International Airport north of Pyongyang; the missile flew about 3,700 kilometers over Japan and landed in the northern Pacific.

China’s investment in Korea plunges by 44%

Last week Lotte started to take steps to pull out of China, following a similar move from its rival Emart earlier this year, as Korean retailers have been suffering heavily from China’s retaliation against the deployment of a U.S.-led antimissile system in South Korea. But it is not only Korean businesses in China that have been facing hardship. It turns out China has been cutting back heavily on its foreign direct investments in Seoul.


The KyungHyang Shinmun (

President Moon Says No to the Redeployment of Tactical Nuclear Weapons and to the Development of a Nuclear Program
설명: September 14, President Moon Jae-in said, "I do not agree that South Korea needs to develop our own nuclear weapons or relocate tactical nuclear weapons in the face of North Korea's nuclear threat." Ahead of the General Assembly of the United Nations, President Moon sat with an interview with CNN at Cheong Wa Dae this day and said, "To respond to North Korea by having our own nuclear weapons will not maintain peace on the Korean Peninsula and could lead to a nuclear arms race in northeast Asia, hindering peace and stability in this region."

Government Decides to Support International Organization's Humanitarian Aid to North Korea: Opts for Principles in a Conflict Between Principle and Reality
The South Korean government decided to give US$8 million to an international organization's humanitarian aid project in North Korea according to the Moon Jae-in government's basic policy on North Korea, which aims to promote humanitarian aid to North Korea regardless of the political situation or relationship. The U.S. and European countries also provide humanitarian aid to North Korea through international organizations, and such actions do not violate the UN Security Council resolution on sanctions against the hermit state.

"There Is More to Be Done" U.S. Presses China to Implement Sanctions on North Korea
After the United Nations Security Council adopted Resolution 2375 on sanctions on North Korea, the U.S. once again took aim at China, pressuring Beijing to strictly implement the sanctions. China repeatedly stressed the need to resolve this issue with negotiations. Meanwhile, diplomatic officials from the U.S. met with their counterparts in China and Russia.


The Korea Economic Daily (

Petrochem Industry to Invest 10 Tril. Won in Daesan Industrial Complex

The Daesan petrochemical industrial zone in Seosan, South Chungcheong Province, will transform into an advanced chemical industrial complex. The nation's major petrochemical companies may invest up to 10 trillion won in this area.

On September 14, S-Oil, Lotte Chemical, Hanwha Total, South Chungcheong provincial government, and Seosan city gathered in Lotte World Tower and signed a memorandum to create a Daesan specialized industrial complex. Currently the area is home to large petrochemical producers such as Lotte Chemical and Hanwha Total.

Gov't Not to Raise Lawsuit against China with WTO...Pushes for $8 Mil. Aid Package with North Korea

The government is pushing forward with a plan worth US$8 million to help out vulnerable people in North Korea. Meanwhile it won't raise a lawsuit against China with the World Trade Organization in relation to the latter country's retaliatory measures after Korea's decision to deploy the Terminal High Altitude Area Defense (THAAD) anti-missile defense system in its soil. Baek Tae-hyun, spokesperson for the Ministry of Unification, said on September 14, "We are reviewing a plan to give $8 million at the request of United Nations organizations including the United Nations Children's Fund and the World Food Program."

Hanwha Chemical an Unexpected Beneficiary of Coal Price Hike

As international coal prices are on the rise, Hanwha Chemical's prospect is getting brighter. That's because the Korean company uses naphtha to produce polyvinyl chloride (PVC) while its rivals in China are largely based on coal, which will make it more price competitive vis-a-vis the Chinese chemical producers. According to Korea Resources Corp. and chemical industry sources on September 10, the freight-on-board (FOB) price of bituminous coal out of the Chinese port of Qinhuangdao was US$95.06 as of September 1 per ton from $81.58 on June 2, up 16 percent in three months. Accordingly, the supply of PVC has strained with its price rising. The average PVC price in Asia has increased about 10 percent to $955 as of September 7 from $868 in June.


AJU Business Daily (

S. Korea takes unusual action to respond with missile to N. Korean missile

On a prior order from President Moon Jae-in, South Korea's military took rare and strong steps to fire a ballistic missile in a simulated strike on the origin of North Korea's missile launch that followed tough UN sanctions prompted by Pyongyang's fresh and powerful nuclear test. The South fired a Hyunmoo-2A missile into waters off the east coast, six minutes after the North launched a ballistic missile that flew the about 3,700 kilometers (2,294 miles) over the territory of Japan after reaching a maximum altitude of 770 km.

Anxiety mounts among working moms over strike planned by kindergartens

Anxiety is mounting among South Korean working moms over a rare strike planned by thousands of private kindergartens or nursery schools which have demanded greater state subsidies and support to ride out their financial crisis caused by a chronic low birthrate. An association of some 4,100 private kindergartens plans to stage a one-day general strike on September 18 and a five-day work stoppage from September 25. It warned of more trouble unless their demands are met. The education ministry argued the actual number of striking schools would be far smaller than expected, based on a quick survey that failed to allay concerns among working moms. The ministry promised to house private school pupils at state facilities for temporary care.

Investors react positively to Lotte Mart's withdrawal from China

The stock of Lotte Shopping, a key unit of South Korea's fifth-largest Lotte Group, soared more than seven percent with investors reacting positively to the reported sale of troubled supermarkets in China. Lotte shopping rose 7.05 percent in midday trading to 235,500 won (208 US dollars). Market watchers gave a positive assessment of Lotte Shopping's decision to pick Goldman Sachs to manage the sale of Lotte Mart stores in China. It's not clear whether the group hopes to sell all or part of its hypermarket business.

Maeil Business News Korea (

S. Korea’s Hyundai launches new Genesis luxury sedan G70

South Korea’s Hyundai Motor Co. launched its highly anticipated Genesis G70 luxury performance sedan in Seoul on Friday, hoping to increase its presence in the luxury segment. Athletic elegance is represented in the exterior styling with a prominent crest-type grille, character lines extending from the hood emblem and pronounced air intakes. Genesis designers employed premium materials throughout, including quilted leather door panels and Nappa leather seats that further add to the dynamic yet elegant interior.

Unauthorized international schools still in business in Korea despite crackdown

Despite the education authority’s massive crackdown on unauthorized international schools in South Korea, many of them are still in business by evading the law. According to multiple sources on Friday, EtonHouse Prep, an unauthorized international school in Hannam-dong, central Seoul, is currently recruiting new foreign teachers and local students although its license was suspended by the Seoul Metropolitan Office of Education in July.

Samsung Elec forms $300mn to fund autonomous driving tech

Samsung Electronics Co., South Korean tech giant, world’s leading memory chip and consumer electronics maker, eying automotive electronics as new growth engine has launched a $300-million fund that will invest in advanced auto technologies. Samsung Electronics announced on Thursday that it has created a new $300-million fund dubbed Samsung Automotive Innovation Fund that will invest in startups and developers of automotive and autonomous driving technologies such as smart sensors, machine vision, and safety solutions.


What’s ticking around the world at this second?

See what the world media around the world have to report:

USA Today

The New York Times

Wall Street Journal,

Financial Times

The Times

The Sun

Chinese People's Daily

China Daily


Japan's Yomiuri



Le Monde

Italy LaRepubblica

Germany Frankfurter AllgemeineZeitung


Australia Brisbane Times

Sydney Morning

Colombia Reports

Bogota Free Planet

El Universal


Ecuador Times

The Jordan Times

The Baltic Times,,

El Pais

Philippine Daily Inquirer

Daily News Hungary

Budapest Times


The Korea Post is running video clips from the different embassies.


Sri Lanka:


And many other countries.Here are ‘irresistible’ tours for the Ambassadors and Madams.

Please do not pass up the rare opportunity to experience the

genuine local governer’s hospitality for the Diplomats!

For reservation, please call Ms. Sua Kim at 2298-1740/2 or 0107584-5873


Sept 22, 2017: Namyangju Slow Food Festival (meet at Grand Hyatt at 0900 hours)

Sept 24, 2017: Songpa Hanseong Baekje Culture Festival (meet Grand Hyatt at 1 p.m.)

Sept 29, 2017: Andong Mask Dance Drama Festival (meet at Grand Hyatt at 0830 hours)

Sept 29, 2017: Jeongseon Arirang Culture Festival (meet at Grand Hyatt at 0830 hours)

Oct 13, 2017: Yecheon Bow-Arrow Festival (meet at Grand Hyatt at 0830 hours)

Oct 13, 2017: Cheorwon 'Glami Health Kingdom' tour (meet at Grand Hyatt at 0830 hours)

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