The Korean daily media headlines and humor
Wednesday, September 27, 2017
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
Korea Post Media
Tour of Jeongseon Arirang Festival has been cancelled due to lack of attendees.
Please join the Andong Mask Dance Drama Festival on the same day.
Excellency, the Tour of Jeongson Arirang Festival has been cancelled due to lack of attendees.
Please join the Andong Mask Dance Drama Festival on the same day, Friday-Saturday Sept. 29-39, 2917.
Here is the itinerary for the Andong Mask Dance Drama Festival:
0830 hours, Friday, 29 Sept. 2017: Meet at the Grand Hyatt Seoul (near the water fountain).
0900-1200 hours: Move to the Andong City by deluxe Limousine buses.
1200-1300 hours: Attend Luncheon at the Pungjeon Restaurant.
1300-1600 hours: Visit Hahoe Village and watch the Hahoe Byulsin-gut shaman rite.
1600-1800 hours: Tour Woryeonggyo Bridge
1800-2000 hours: Attend Opening Ceremony of the Festival and Daedong Madang Nori Mask dance Drama
2000-2100 hours: Attend Dinner hosted by Mayor Kwon Young-se of the Andong City.
2100-2200 hours: Check in at the Andong Grand Hotel
0800-1000 hours: Have Breakfast at the hotel.
1000-1200 hours: Tour Dosanseowon Confucian Academy.
1200-1400 hours: Have lunch at a traditional Korean restaurant.
1400-1600 hours: Visit the House of Korean Culture and view Tripitaka Koreana (consisting over eighty thousand printing wood blocks).
1600-1900 hours: Move back to Grand Hyatt Seoul.
For inquiries, please call Ms. Kim Su-a (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:
Trump Says 'Totally Prepared' to Use Military Options in N. Korea
U.S. President Donald Trump says that he is "totally prepared" to use military options in North Korea, although they are not preferred. Trump made the remark on Tuesday at a White House press conference with Spanish Prime Minister Mariano Rajoy Brey."We are totally prepared for the second option. Not a preferred option, but if we take that option, it will be devastating -- I can tell you that -- devastating for North Korea. That's called the military option. If we have to take it, we will."
US Imposes Sanctions on 8 N. Korean Banks, 26 Individuals
The U.S. has imposed sanctions on eight North Korean banks and 26 bank workers, beefing up pressure on the country over its nuclear weapons and ballistic missile programs.Treasury Secretary Steven Mnuchin said in a statement on Tuesday that the U.S. is targeting North Korean banks and financial facilitators acting as representatives for North Korean banks across the globe. The secretary said that the move further advances the U.S. strategy to fully isolate North Korea in order to achieve its broader objectives of a peaceful and denuclearized Korean Peninsula, adding the action is consistent with UN Security Council resolutions.
Former NIS Chief Questioned on Political Interference
Former National Intelligence Service(NIS) Chief Won Sei-hoon was summoned for questioning by prosecutors around 2 p.m. on Tuesday, on charges of misusing authority and government budget to back illegal political campaigns. Won is currently serving a four-year prison term for recruiting and running online cyber teams to sway public opinion in favor of conservative candidate Park Geun-hye during the 2012 presidential election, as well as suppressing criticism against the former Lee Myung-bak administration.
S. Korea ranks 26th in global competitiveness: WEF report
South Korea's ranking in global competitiveness remained unchanged this year as the improvement in the country's macroeconomic environment was offset by challenges in the labor and financial sectors, a report showed Wednesday. According to the report by the World Economic Forum (WEF), Asia's fourth-largest economy ranked 26th in the competitiveness index out of 137 countries surveyed in 2017. South Korea has maintained its ranking since it dropped from 25th in 2014.
Dunford says 'matter of time' before N. Korea can deliver nuclear weapon to U.S.
The chairman of the U.S. Joint Chiefs of Staff said Tuesday it is only a matter of a "very short time" before North Korea can strike the U.S. with a nuclear weapon. "We should assume today that North Korea has that capability and has the will to use that capability," said Marine Gen. Joe Dunford during a Senate hearing on his reappointment. While there are still technical elements the regime must overcome, he said, "I view those as engineering solutions that will be developed over time.""Whether it's three months or six months or 18 months, it is soon, and we ought to conduct ourselves as though it is just a matter of time, and a matter of very short time, before North Korea has that capability."
Banks' loan delinquency rate edges up in August
The delinquency rate of South Korean banks' won-denominated loans edged up in August, due to a slight rise in people who could not pay off their debts, government data showed Wednesday. The rate for bank loans more than 30 days overdue stood at 0.5 percent at the end of August, up 0.02 percentage point from a month earlier, according to the data by the Financial Supervisory Service (FSS). Compared to a year ago, however, the rate was down 0.37 percentage point, it said.
The Korea Herald (http://www.koreaherald.com)
NK failed to detect US warplanes off east coast: NIS
North Korea appears to have failed to detect a flight by US bombers near its airspace on Saturday, undermining the feasibility of Pyongyang’s latest threats against the US, lawmakers said Tuesday. On Monday, North Korean Foreign Minister Ri Yong-ho claimed that the US has declared war on his country, and that US military planes will be shot down should they approach North Korea airspace.
According to members of South Korean parliamentary intelligence committee, however, North Korea may be incapable of detecting US Air Force maneuvers near its borders.
Korea fights back against ‘revenge porn,’ digital sex crimes
Penalties and preventative measures against digital sex crimes are to be strengthened, the government and the ruling Democratic Party of Korea said Tuesday. Details of the measures were finalized at the government-ruling party meeting held Tuesday to prevent digital sex crimes. The plans come weeks after President Moon Jae-in highlighted the need for measures to counter the increase in such crimes including videos and images being taken without consent, and such materials being circulated online.
SK seeks ‘deep change’ for overseas expansion, growth
SK Group, the second-largest conglomerate by asset, has relied more on domestic demand through its cash cow units including SK Telecom, the nation’s largest telecom giant, and SK Innovation, a leading energy firm. But in recent years the group has been seeking overseas expansion, acknowledging its limit of being a major player in the domestic market. And for SK, future technologies from cloud computing to electric vehicles are the keys for its growth at home and abroad.
The Korea Times (http://www.koreatimes.co.kr)
Fears growing over US-N. Korea armed conflict
North Korea's threat to shoot down U.S. bombers in response to the flyby near its coast of two B-1B Lancer bombers escorted by six F-15C fighters is causing fears over the possibility of the United States and North Korea stumbling into an accidental military clash. Accusing U.S. President Donald Trump of declaring war on the North by tweeting that the Kim Jong-un regime "won't be around much longer," North Korean Foreign Minister Ri Yong-ho said Monday that his country has the right to implement self-defense countermeasures including shooting down the aircraft.
Government to cut fine dust 30% by 2022
The government said Tuesday it will spend 7.2 trillion won ($6.3 billion) to reduce fine dust emissions by 30 percent from the current levels by 2022. "We have had many measures to improve air quality," said Environment Vice-Minister Ahn Byeong-ok. "But they failed because they were sporadic, unable to bring about comprehensive change. That is what we are aiming at in these plans." President Moon Jae-in made the 30-percent reduction pledge during his campaign, and kicked off a special task force to devise comprehensive plans after his inauguration.
Chuseok holiday filled with performances for families
The record-long Chuseok vacation won't bore performance-goers, as arts centers will offer a plethora of events to enjoy -- as usual. It may be the perfect opportunity for those who aren't leaving the city to conquer more of the exhibitions and performances on their checklists. Some of the hottest exhibitions at the Seoul Arts Center (SAC) will disappear after the Chuseok holiday, so make sure not to miss them. The "Vogue Like a Painting" exhibition will run only until Oct. 7. It features 100 beautiful fashion photographs extracted from the fashion magazine Vogue over the past 125 years.
DongA Ilbo (http://english.donga.com)
SK invests 113.8 billion won in North American G&P company
SK Holdings, the holding company of SK Group, enters the shale gas gathering and processing (G&P) business in the United States. SK Holdings on Tuesday announced that it “decided to invest over 100 million dollars (around 113.8 billion won) in Eureka Midstream Holdings, a G&P company based in North America. SK Holdings, through its U.S. corporation Plutus Capital, will sign a stock purchase agreement on this Wednesday.”
Joseon kings' footsteps passing through Heunginjimun
Imagine a king's procession, passing through Heunginjimun Gate to travel outside of the Joseon capital city of Hanyang. The Museum of Hanyang under the Seoul Museum of History is holding an exhibition called "Heunginjimun Gate Sees the King off," to shed new light on the eastern gate of Hanyang by looking at royal ceremonies. The exhibition mainly focuses on King Yeongjo's state funeral in 1776 and King Gojong's visit to the royal tomb in 1872. The exhibition consists of two parts: ”The King's Last Road" and "Visit to the Royal Tomb: In Memory of the Late King." The first part portrays King Yeongjo's funeral bier passing through Heunginjimun Gate toward Wolleung, a royal tomb where Yeongjo is buried.
Aaron Judge hits 50th home run to break MLB rookie record
The era of Aaron Judge has begun. The monstrous rookie of the New York Yankees has set a new record for the rookie home run record. On Monday local time, Yankees' 25-year-old right fielder added two home runs and recorded the 50th home run of the season in the baseball game against the Kansas City Royals in New York. He surpassed the 49 home runs recorded in 1987 by Mark McGwire, a then-rookie of the Oakland Athletics. McGwire hit 70 home runs in 1998, setting the record for the most home runs in a season, before San Francisco's Barry Bonds hit 73 in 2001 to set the current record.
Chosun Ilbo (http://english.chosun.com)
U.S. Mulls Naval Options Against N.Korea
The U.S. is considering sending an aircraft carrier group into North Korean waters if there are any further provocations from the renegade regime. A government source on Monday said the U.S. is considering "a wide range of options" in addition to the latest show of force when B-1B bombers buzzed the North Korean coast. "This includes a U.S. aircraft carrier group crossing over the Northern Limit Line." The NLL is the de facto maritime border separating the two Koreas drawn up unilaterally by the U.S. at the end of the Korean War.
Fitch Rating Firm Assess N.Korean Risk
The credit ratings firm Fitch sent a representative to South Korea on Monday for three days of talks with government officials about the country's credit valuation.
The talks are usually held before the firm assesses the sovereign credit rating of a country but this time seem aimed at assessing the risk of escalating tensions between North Korea and the U.S.
A Fitch representative is scheduled to visit the Unification Ministry, which oversees affairs related to North Korea, whereas normally staff would meet with officials from the Ministry of Strategy and Finance, Financial Supervisory Service and Bank of Korea.
N.Korea Bolsters Military Bases on Frontlines
North Korea has bolstered its war footing since its latest nuclear test on Sept. 3, including reinforcing frontline military bases.
The North usually keeps the turrets of its frontline observation posts closed, but now they have been opened, which the South Korean military regards as a sign of heightened readiness for war.
Bareun Party lawmaker Kim Young-woo of the National Assembly Defense Committee told the Chosun Ilbo on Friday that Defense Minister Song Young-moo was briefed on this during his recent visit to a frontline unit. "There have been instances where North Korea opened and closed the turrets in order to allow ventilation, but it is rare for them to remain open for almost 20 days," Kim said.
HanKyoReh Shinmun (http://english.hani.co.kr)
Blue House knew of B1-B flight into NK airspace
On Sept. 25, the Blue House announced that President Moon Jae-in had previously discussed the particulars of the show of force carried out by an American B-1B strategic bomber in North Korean airspace above the East Sea on the night of Sept. 23 with the US during his visit to New York. After a controversy arose about the US’s “unilateral show of force,” the Blue House emphasized “robust cooperation between South Korea and the US.” But by consenting to the B-1B’s northernmost flight, which increased tensions on the Korean Peninsula, Moon appears to have contradicted the emphasis he has placed on maintaining stability. During his keynote address before the UN General Assembly, he said, “We must ensure that tensions are not raised excessively and that peace is not destroyed by an unplanned military clash.”
North Korea threatens to shoot down American aircraft in latest verbal salvo
North Korea announced that it considers US President Donald Trump’s threats against it a “declaration of war” and plans to invoke its powers of self-defense. Visiting the US for a UN General Assembly session, North Korean Foreign Minister Ri Yong-ho held a press conference on the evening of Sept. 25 in front of the Millennium Hilton UN Plaza hotel in New York City. “By declaring last weekend that our leadership ‘won’t be around much longer,’ Trump ultimately made a declaration of war,” Ri said. “This is something that was said by a sitting US President, which makes it clearly a declaration of war,” he added. Ri went on to note that the UN Charter “recognizes the self-defense authority of individual member nations.”
North Korea added to Trump’s travel ban
The Trump administration has added North Korea to a list of countries subject to an anti-immigration executive order limiting or banning entry to the US. Trump announced the addition of North Korea to the travel ban list in a presidential proclamation on the evening of Sept. 24. “North Korea does not cooperate with the United States Government in any respect [in terms of information about those attempting entry] and fails to satisfy all information-sharing requirements,” the proclamation stated. In the proclamation, Trump stated the terms as applying to “immigrants and non-immigrants” - effectively banning entry to the US for all North Korean nationals.
JoongAng Ilbo (http://koreajoongangdaily.joins.com/)
Trump ‘declared war’ on North, says top envoy
North Korean Foreign Minister Ri Yong-ho said Monday in New York that his country had the right to shoot down U.S. strategic bombers even if they weren’t in its airspace because U.S. President Donald Trump had “declared war” through an earlier statement on Twitter. Speaking to reporters outside his hotel before flying home, Ri, who had been in New York for the United Nations General Assembly, said Trump’s tweet suggesting the North Korean leadership won’t be around much longer turned a war of words into “real action,” stressing it was “clearly a declaration of war” because the threat came from the White House chief.
Creditors take over control of Kumho Tire
Creditors of Kumho Tire decided to reject a turnaround plan submitted by the company earlier this month. Instead, a group of creditors led by the state-run Korea Development Bank will take control of the effort to rescue the beleaguered tire company. “Considering various factors such as the [possible] effectiveness and the feasibility of the turnaround plan presented by Kumho Tire, [the creditors] have decided it may be insufficient to resolve the management crisis the company is facing today,” said the state-run bank through a statement on Tuesday. “As a result, [the creditors] have agreed to proceed with a creditor-led normalization plan.”
Delegation to go to Beijing for party’s congress
Korea will send a delegation to the upcoming national congress of China’s Communist Party, a move intended to mend a diplomatic rupture and rebuild trust with the neighboring superpower. Rep. Park Byeong-seug, a fifth-term lawmaker of the Democratic Party, will lead the delegation to the most important political event in China this year. The 19th national congress of the Communist Party will take place in Beijing on Oct. 18. “The upcoming party congress will define the next five years of Chinese President Xi Jinping,” Park said Tuesday in a telephone interview with the JoongAng Ilbo. “It will be an opportunity to deliver a congratulatory message to the new Chinese leadership and have a discussion about Korea-China relations.”
The KyungHyang Shinmun (http://english.khan.co.kr/)
Independent Military Action by the US, Was South Korea's Opinion Reflected?
The flight of the U.S. B-1B strategic bombers in the airspace north of the Northern Limit Line (NLL) in the East Sea on September 24 continues to create ripples. Cheong Wa Dae stressed that the latest operation was conducted after close cooperation with the U.S., but the government's explanation was not enough to silence the suspicions on whether the voice of the South Korean government had any significant influence on the U.S. military action, which directly affects peace on the Korean Peninsula.
Anyone Who Bothered MB, Progressives and Conservatives Alike, Were Targets of Attacks
On September 25, it was confirmed that the National Intelligence Service (NIS) under the Lee Myung-bak government had launched an all-out attack on anyone who criticized former President Lee members of the ruling and opposition parties, conservatives and progressives, politicians, scholars, journalists, etc. On the form of online comments. Earlier, it was revealed that "Won Sei-hoon's NIS" targeted opposition party members and progressive figures, but this was the first time that the intelligence service's online attacks on ruling party members and conservative figures who did not "fit" the taste of the government, such as Hong Jun-pyo, Won Hee-ryong, and Kwon Young-se, were revealed.
President Moon All In on Preventing a War, While NK and US Bounce in Unpredictable
Despite President Moon attendance at the United Nations (UN) General Assembly and busy bilateral meetings over the course of five days, nothing changed in regards to security on the Korean Peninsula. The American and North Korean leaders exchanged harsh words displaying the worst possible situation, whose future is unpredictable, overshadowing President Moons UN speech stressing peace. A U.S. strategic bomber staged a military demonstration and passed the Military Demarcation Line into international airspace over North Korea’s east coast for the first time since the Korean War. The United States enforced a secondary boycott on North Korea for the first time since it
The Korea Economic Daily (http://english.hankyung.com/)
POSCO Completes Steel Wire Service Center in the U.S.
POSCO, Korea's largest steel maker, has completed on September 22 the construction of a steel wire service center in Jeffersonville, Indiana, with an annual capacity of 25,000 tons. The plant will supply steel wire goods to be used for bolts, nuts, and bearings to auto parts companies. Started in April last year, the service center cost the company US$20.9 million to build. The high-quality steel materials produced in the new plant will be supplied to companies like Simplex Korea, Taeyang Metal Industrial, Nissan, and Fontana.
Industry Panics over Prospect of Rising Subcontract Worker Disputes
As the government pronounced illegal on the practice of companies relying on subcontract workers for a long time such as the cases in Paris Baguette and Mando-Hella, the whole industry in shock. This is not just restricted to manufacturers but is spread to services and the food franchise industry as well. The corporate sector expected on September 24 that companies like Tous Les Jours, Samsung Electronics service centers, and LG U+ will likely face the same problem any time soon after the Ministry of Employment and Labor made a decision on dispatch workers. An official with a large corporation said that he is worried that the government may pressure his company to hire all dispatch workers as full-time regular employees.
Gov't Decides to Give $8 Mil. Aid to North Korea...Timing to Be Announced Later
The government has decided to give support to North Korea worth US$8 million in programs helping its vulnerable people including children and pregnant women indirectly through international organizations. It, however, has not decided when to start sending money and exactly how. This is interpreted as a choice to deflect criticism that it is undertaking an aid project at a time when North Korea is causing an international storm by launching a series of missile tests. On September 21, the government held a consultative meeting for inter-Korean exchange and cooperation and approved an agenda to provide $8 million to programs such as those for North Korean mothers and children' health and nutrition by way of the UNICEF and the World Food Program.
AJU Business Daily (http://eng.ajunews.com/korea)
Toilet use allowed during civil-service exams first time in S. Korea
During South Korea's civil-service exams, nobody has been allowed to use toilets regardless of gender for decades, despite incessant debate about human right violations. To avoid an embarrassing situation when nature called, those who want to become public servants had to use buckets placed at the back corner of exam rooms in the 1980s.Until recently, the so-called "urine pouch", a plastic bag containing a substance which turns solid when it meets moisture, has been used. Men had to take care of themselves while supervisors covered female applicants with an umbrella. Only the disabled and the pregnant were allowed to visit toilets during the 140-minute exams.
Trump says 'totally prepared' for military option: Yonhap
U.S. President Donald Trump said he is "totally prepared" to use military options in North Korea, although they are not preferred. Trump's remark came in response to North Korea's threat a day earlier to shoot down approaching American bombers even in international airspace."We are totally prepared for the second option. Not a preferred option, but if we take that option, it will be devastating -- I can tell you that -- devastating for North Korea," he said at a White House press conference with Spanish Prime Minister Mariano Rajoy Brey. "That's called the military option. If we have to take it, we will." Trump has taken a hard-line stance toward Pyongyang's nuclear weapons and ballistic missile programs, saying repeatedly that all options are on the table to deal with the recalcitrant regime.
Cabinet endorses action plan to curb hidden cameras targeting women
South Korea's cabinet, chaired by President Moon Jae-in, worked out measures to curb crimes taking furtive pictures with secret or hidden cameras targeting young women at company bathrooms, public restrooms and other private places.The cabinet called for regular inspection of subways and other public facilities to detect hidden cameras, advanced technology using bid data that could block the distribution of illicit footages and pornographic material in real time, and tight regulations on imports and sales of cameras modified for illegal purposes. State regulators will be allowed to delete or block illegal online footages more easily and quickly while internet service providers will be asked to do so. Distributors will face tough punishment.
Maeil Business News Korea (http://www.pulsenews.co.kr/)
KDB to place Kumho Tire under creditor-led workout program
South Korea’s second largest tire maker Kumho Tire Co. goes under creditors’ management and debt relief to seek business turnaround after its much-delayed sale to a Chinese rival fell through. Kumho Tire’s main creditor Korea Development Bank (KDB) and other creditor banks questioned the feasibility of the self-rescue plan handed in by the management that failed to specify how it planned to raise 630 billion won ($554 million) to pay back lenders and make necessary investment. Kumho Tire’s losses have been snowballing as it lost customers due to uncertainties about its outlook once it goes under Doublestar Tyre of China, which until last year fell behind the Korean company in manufacturing capacity and global sales rank.
Samsung Elec pioneers in mass producing automotive Eufs
Samsung Electronics Co. said Tuesday it has embarked on the mass production of the 128-gigabyte (GB) automotive embedded Universal Flash Storage (eUFS) for the first time in the industry. The eUFS is considered the next-generation NAND flash memory succeeding the embedded Multi-Media Card (eMMC) currently used in mobile devices such as smartphones. It has started replacing eMMC in premium smartphones thanks to its faster processing speed. The Korean tech giant, which is also the world’s largest chip maker, first ventured into the eUFS market after mass producing the mobile 128-GB eUFS for smartphones in January 2015. Now with the launch of the automotive eUFS, the company has become the first chip maker that can mass produce it, moving a step closer to lead the eUFS sector.
Hyundai Heavy Industries wins $800 million deal to build ore carriers
South Korea’s largest shipbuilder Hyundai Heavy Industries Co. said on Tuesday that it has bagged a 908.6 billion won ($800 million) order from a Seoul-based shipping firm to build 10 very large ore carriers (VLOC), making it the largest single deal in five years. The latest order comes as a relief for the shipyard and its two affiliates Hyundai Samho Heavy Industries Co. and Hyundai Mipo Dockyard Co. that have asked their employees to take paid leaves to cope with a severe drop in workloads. Under the $800 million deal with Polaris Shipping Co., Hyundai Heavy Industries will build 325,000-ton VLOCs and deliver them in phases until 2021. Each vessel will be 340 meters long, 62 meters wide, and 29.8 meters high.
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Philippine Daily Inquirer https://www.inquirer.net
Daily News Hungary http://dailynewshungary.com
Budapest Times http://budapesttimes.hu
The Korea Post is running video clips from the different embassies.
And many other countries.