The Korean daily media headlines and humor
The Korean daily media headlines and humor
  • Lee Kyung-sik
  • 승인 2018.02.06 11:03
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The Korean daily media headlines and humor

Tuesday, February 06, 2018

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


Round-up of important news stories from major Korean dailies today:

The Korea Post media ( in English, ( in Korean.

Ivanka likely to join closing ceremony of PyeongChang Olympics: CNN

Ivanka Trump, the daughter of U.S. President Donald Trump, will likely travel to South Korea later this month to attend the closing ceremony of the PyeongChang Winter Olympics, CNN reported Tuesday.Citing White House officials, CNN reported that Ivanka will lead a delegation for the closing ceremony of the Feb. 9-25 Winter Olympics, at the request of the president and the U.S. International Olympic Committee.

S. Koreans divided over verdict on Samsung's heir

The suspended prison term handed out to Samsung Electronics Vice Chairman Lee Jae-yong on Monday divided the South Korean public, with liberal critics arguing the verdict shows courts are too soft on business tycoons and conservative groups hailing it as a reasonable decision unaffected by public sentiment.The Seoul High Court had sentenced Lee to 2 1/2 years in prison with a stay of execution for four years on bribery and other charges stemming from a massive influence-peddling scandal that led to the ousting of former President Park Geun-hye.Lee was immediately freed from a period of incarceration lasting nearly a year.The case has been seen as a litmus test of South Korean courts' tolerance for owners of family-run chaebol. In many corruption cases in the past, courts sentenced tycoons to suspended or light terms, sometimes citing their contribution to the country's economy.Liberal civic groups protested the verdict.

Samsung heir released on suspended sentence in appeals trial

Samsung Electronics Vice Chairman Lee Jae-yong was released Monday after an appellate court handed him a suspended sentence dismissing most of his key charges in a bribery and corruption scandal that led to the ouster of former President Park Geun-hye last year.The Seoul High Court sentenced Lee to 2 1/2 years in prison with a stay of execution for four years. He was immediately freed from a nearly yearlong incarceration.The scion of South Korea's biggest conglomerate was sentenced to five years in prison on Aug. 25 for giving 8.8 billion won (US$8.1 million) to Park and her confidante, Choi Soon-sil, in return for government backing for the merger of two key Samsung units, a process that was deemed vital for his leadership succession.

Yeongam County Mayor Jeon honored with Korea CEO Leadership Award

Jeon Dong-pyeong, mayor of Yeongnam County in South Jeolla Province, has won the coveted “2018 Korea CEO Leadership Award” for two years in a row, which proves his dedication to innovative leadership in local administration. He was awarded the honor from the leading national daily, Joong-Ang Ilbo, on Dec. 21, 2017 at the Millennium Seoul Hilton with a number of government officials and journalists attending.The CEO Leadership Award is presented to “those who make great contributions to improving local communities by demonstrating exceptional leadership based on innovative management.” The award-presentation ceremony takes place in December every year.During three years and six months after being elected as the Yeongam County chief, Mayor Jean has recorded more results than before while getting the 60,000 Yeongam residents united firmly for the goal of creating a prosperous Yeongam County.” Of note, he has accomplished noteworthy results in almost all sectors including the four core development fields.

U.S. congressional study group on Korea to launch this week

A U.S. congressional study group focusing on South Korea will launch this week to help deepen ties between the allies, according to the organizers.

It will be the fourth such group to be launched by the Association of Former Members of Congress (FMC), a bipartisan nonprofit. The others focus on Germany, Japan and Europe, the FMC said in a recent press release.

The latest group will launch Tuesday with the co-chairs -- Reps. Ami Bera (D-CA) and Mike Kelly (R-PA) -- in attendance."We are excited to facilitate important dialogue between Members of Congress and their counterparts in South Korea, especially at this moment in the U.S.-Korean relationship," Pete Weichlein, CEO of FMC, was quoted as saying in the release.

N.K.'s ceremonial leader to lead high-level delegation to S. Korea

North Korea announced Monday that it will send the communist nation's ceremonial head of state Kim Yong-nam this week to the PyeongChang Winter Olympics.Kim, president of the Presidium of the Supreme People's Assembly, is leading a "high-level delegation" to attend the opening ceremony of the games Friday, the Korean Central News Agency (KCNA) said in a one-paragraph report.It came hours after South Korea's government said Kim, who has long held the status of the North's No. 2 leader in its ostensible power hierarchy, will make a three-day trip here through Sunday for the Olympics.The North notified the South that the delegation will also include three officials and 18 supportive staffers, but it gave no details, according to the unification ministry.



N. Korea's Art Troupe to Arrive in S. Korea via Ferry Tuesday

A North Korean art troupe will arrive by ferry in South Korea on Tuesday for performances to mark the PyeongChang Winter Olympics.The Unification Ministry said that the North Korean ferry, Mangyongbong-92, is scheduled to arrive at the country's Mukho port in the eastern city of Donghae at 5 p.m. Tuesday.The ministry said that the ferry carrying the 140-member art troupe will meet a South Korean escort ship in the maritime border in the East Sea at around 9:30 a.m. and travel to Mukho port under convoy. Regarding concerns that the entry of the ferry may violate Seoul's sanctions against the North, the government said that it has decided to make an exception for the Mangyongbong-92 in a move to support the country's successful hosting of the PyeongChang Olympics.

'Lee's Presidential Office Operated Team to Sway Public Opinion'

KBS has secured military documents showing that the presidential office under the Lee Myung-bak government operated an internal team to sway public opinion in favor of the government on the Internet. According to the document released on Monday, an official at the Defense Security Command reported the online activities to Kim Chul-kyun, then presidential secretary for new media affairs in January 2010. Kim reportedly told the official that the presidential office was engaging in online activities regarding posts supportive of the government and advised that it's more effective to spread pro-government posts rather than to write comments in response to posts critical of the government.

Samsung Electronics' De-Facto Leader Walks Free with Reduced Prison Term

The Seoul High Court has issued a suspended sentence for Samsung Electronics' de-facto leader Lee Jae-yong, who stood trial on charges of bribing former President Park Geun-hye's longtime friend Choi Soon-sil to secure control over his company.On Monday, the court handed Lee a two-and-a-half year prison term suspended for four years, overruling a lower court's decision to slap him with a five-year prison term.The appeals court ruled that the free use of Samsung's horses and vehicles by Choi's daughter, as well as a transfer of some three-point-six billion won to Choi's consultancy firm were acts of bribery.However, the judges decided to drop charges of diverting funds overseas as well as using one-point-six billion won of Samsung's corporate funds to support Choi's Korea Winter Sports Elite Center.


Yonhap (

N.K. art troupe set to arrive in S. Korea for Olympic celebrations

A North Korean art troupe is set to arrive in South Korea by ferry Tuesday on a rare trip for performances to celebrate the PyeongChang Winter Olympics.The 140-member Samjiyon art troupe aboard the North Korean ship Mangyongbong-92 is scheduled to arrive at the South's Mukho port on the east coast around 5:00 p.m., according to Seoul's unification ministry.

North Korean vessels are not allowed to visit South Korea under Seoul's unilateral sanctions banning inter-Korean exchanges, which were imposed on May 24, 2010 to punish the North's sinking of a South Korean warship.

But the government has decided to make the art troupe's sea travel for the Winter Games an exception to the sanctions.

S. Korea faces 40 import restrictions from U.S.

South Korea faces far more import restrictions from the United States than any other country in a clear sign of growing American trade pressure on its ally, a trade body said Tuesday.Asia's fourth-largest economy was subject to 196 import regulations from the rest of the world as of Monday, with the U.S. taking up the lion's share of 40 cases, according to the Korea International Trade Association (KITA).Of the total American restrictions, 30 cases were anti-dumping investigations, with countervailing duties and safeguards coming to eight and two, respectively.By product, import restrictions on steel and metals were the highest at 28, followed by electrical and electronics with five. The remainder were in place for chemicals and textile products.

U.S. Vice President Pence leaves for PyeongChang Olympics

U.S. Vice President Mike Pence left Monday to visit Japan and South Korea, where he will attend the Olympics and deliver a message of resolve against North Korea's nuclear weapons.Pence left Washington after holding a closed-door meeting with President Donald Trump at the White House. The five-day trip comes as tensions persist over North Korea's pursuit of a nuclear missile capable of striking the U.S.Speaking in Pittsburgh, Pennsylvania, Friday, the vice president said he will use his trip to the Winter Olympics in PyeongChang, South Korea, to make clear that "all options are on the table" to deal with the North Korean threat."We will continue to bring all economic and diplomatic pressure to bear until North Korea permanently abandons its nuclear and ballistic missile programs once and for all," he said.


The Korea Herald (

NK art troupe set to arrive in S. Korea for Olympic celebrations

A North Korean art troupe is set to arrive in South Korea by ferry Tuesday on a rare trip for performances to celebrate the PyeongChang Winter Olympics.The 140-member Samjiyon art troupe aboard the North Korean ship Mangyongbong-92 is scheduled to arrive at the South's Mukho port on the east coast around 5:00 p.m., according to Seoul's unification ministry.

North Korean vessels are not allowed to visit South Korea under Seoul's unilateral sanctions banning inter-Korean exchanges, which were imposed on May 24, 2010 to punish the North's sinking of a South Korean warship.

Lee Jae-yong gets suspended sentence, released in appeals trial

Samsung Electronics Vice Chairman Lee Jae-yong was freed Thursday, as a Seoul appeals court cleared him of major charges and handed down a suspended sentence. The Seoul High Court overturned a lower court’s five-year sentence and handed down two years and six months in prison suspended for four years for bribery -- rejecting the special counsel’s argument that it was linked to his succession. Prosecutors had maintained a 12-year prison term for Lee.The 50-year-old scion of the biggest conglomerate in South Korea was immediately released after nearly a year behind bars following his detention in February last year.

Prospects of NK-US talks appear grim: experts

Expectations for direct contact between North Korea and US during the PyeongChang Winter Olympics appear to be dim even as Pyongyang announced it is sending Kim Yong-nam, ceremonial head of the communist state, to South Korea during the international sporting event.Pyongyang informed Seoul on Sunday night that Kim, president of the Presidium of the Supreme People’s Assembly, will head its high-level delegation to participate in the opening ceremony of the Feb. 9-25 Games. US Vice President Mike Pence will also be present at the event.South Korea has sought to use the Olympics to bring North Korea and the US to a long-stalled talks on the North’s denuclearization, but experts point out that it is unlikely that Pyongyang and Washington will hold “meaningful” talks on the sidelines of the Olympics as both


The Korea Times (

Bitcoin falls below 8 million won in Korea

Bitcoin, the world's most famous cryptocurrency, fell Tuesday below 8 million won ($,7,300) in Korea.According to Upbit, one of the largest local cryptocurrency exchanges, as of 9 a.m., bitcoin dropped to 7.9 million won, a major drop from 8.4 million won from midnight.This came after Chinese media reports that authorities will increase their efforts to restrict cryptocurrency trading there, especially those who try to move overseas following Beijing's ban on initial coin offerings in September.

Moon says PyeongChang Olympics will boost inter-Korean peace

Moon Jae-in reaffirmed his efforts Monday to make the upcoming Winter Olympic Games here a success, saying the event will mark the start of establishing peace in the region.The remarks came in the 132nd session of the International Olympic Committee (IOC), held in Gangneung, a coastal city located 230 kilometers east of Seoul."Now, the IOC and the Republic of Korea are joined here together with the opening of peaceful and safe Olympic Games that we have worked together for just before our own eyes," the president said in a congratulatory speech marking the start of the annual IOC meeting.

Samsung heir freed

Samsung Electronics Vice Chairman Lee Jae-yong was released from prison, Monday, after an appellate court overturned a lower court ruling in a corruption trial stemming from the scandal that removed former President Park Geun-hye from office. Seoul High Court Judge Cheong Hyung-sik reduced Lee's original five-year prison term that followed a bribery conviction to two-and-a-half years suspended for four years. Lee was released from custody 353 days after he was indicted for "offering" 43.3 billion won ($38.5 million) to Park and her longtime confidant Choi Soon-sil in return for political favors to help him consolidate control of the Samsung Group amid the deteriorating health of his bedridden father, Chairman Lee Kun-hee. Cheong said Lee did not seek illicit favors to advance his interest as group leader in return for the money, nor did the firm under his direction have any reason to seek comprehensive favors from the former president, key charges a lower court recognized.


Chosun Ilbo (

N.Korea Wants to Defy Sanctions by Sending Orchestra by Ferry

North Korea on Sunday night tested the waters by telling South Korea that it will send the 140-member Samjiyon Orchestra by ferry even though sanctions ban ships from the North.North Korea's Mangyongbong-92 cruise ship would not only bring the performers to South Korea but serve as their accommodation during the Winter Olympics in Pyeongchang. South Korean sanctions imposed on May 24 ban all North Korean ships from South Korean ports, but the government said it will make an exception this time.

N.Korea Hits Back at Criticism of Military Parade

North Korea came back swinging at international condemnation of its plan to stage a military parade on the eve of the Winter Olympics in Pyeongchang.

"If you are that frightened by our event to commemorate the founding of our military on Feb. 8, why did you not schedule the Olympics some other time?" fumed the state-run Rodong Sinmun daily on Saturday. For the last 40 years, North Korea has celebrated the founding of its military on April 25. It only announced on Jan. 22 that the day will now be moved to Feb. 8. Even North Korean calendars for this year still mark April 25 as the anniversary. "South Korea's puppet conservative party should fault the U.S. military scheme that deploys anti-nuclear submarines around the Korean Peninsula, rather than picking a quarrel with us," the paper thundered.

Samsung Chief Walks Free on Appeal

An appeals court on Monday overturned a five-year prison sentence for Samsung chief Lee Jae-yong and gave him a suspended sentence instead.

The Seoul High Court sentenced Lee to two-and-a-half years in jail for corruption suspended for four years. Former Samsung executives Choi Ji-sung and Jang Chung-gi were also both given suspended sentences. The court accepted that Samsung bribed ex-President Park Geun-hye and her confidante Choi Soon-sil but said there is insufficient evidence that Lee actively sought favors from them. It added there was insufficient proof that the billions Samsung gave to Park and Choi by various avenues all constituted straight-up bribes.


HanKyoReh Shinmun (

North Korean official delegation to attend Pyeongchang Olympics opening ceremony

A North Korean delegation of around 20 members to attend the opening ceremony of the Pyeongchang Winter Olympics on Feb. 9 has been finalized, with Supreme People’s Assembly Presidium presented Kim Yong-nam as leader. With the announcement coming on the heels of similar delegation decisions by the US and Japan, attention is now turning to the members’ plans during their South Korea visit. The Blue House, White House, and Prime Minister’s Office of Japan already appear to be working to shape the agenda and climate of the approaching “Pyeongchang meetings,” availing themselves of opportunities to actively state their positions.

Trump’s revision of US nuclear policy draws criticism

The Trump administration is being accused of lowering the threshold for the use of the nuclear weapons to include retaliation even for non-nuclear strikes in its Nuclear Posture Review released on Feb. 2. According to US news outlets and the text of the report – the first in eight years published by the Department of Defense – the Trump administration said it would consider the use of nuclear weapons to protect the US and allies only in “extreme circumstances,” including “significant non-nuclear strategic attacks.” While it did include the qualifiers “significant” and “extreme,” US news outlets read the message as signaling that the US may use nuclear weapons even in cases where it is not attacked with nuclear weapons.

Unified Korean women’s hockey team hits the ice for debut match

The unified Korean women’s hockey team played a warm-up match against Sweden on Feb. 4 at the Seonhak International Ice Rink in Incheon. The Korean team lost to the 5th-ranked Swedes by a score of 1-3, with South Korean forward Park Jong-ah scoring for the host nation. Arirang was played as the unified Korean team’s anthem prior to the match, and the crowd waved Unification flags and gave passionate support to the team throughout. Coach Sarah Murray seemed pleased with the team’s performance saying afterward, “Being added 12 days ago and not getting to practice together all that much, [the North Koreans] played our system pretty well, so I’m proud of them.” Pak Chol-ho, the North Korean coach who is assisting with the team said that the game showed that Koreans “can do anything if they do things as one.”


JoongAng Ilbo (

Appeals court sets Lee Jae-yong free from prison

Lee Jae-yong, the de facto leader of Samsung Group, was released from prison after 353 days when an appeals court reduced a five-year prison term for bribery to a suspended sentence.The Seoul High Court announced the verdict and sentence on Monday, overturning some earlier convictions. Although it upheld the conviction that Lee bribed Park Geun-hye when she was president, it ruled that he did so because Park demanded the bribes, and not because he was seeking favors from her administration. As part of the presidential scandal that led to Park’s removal in 2017, the 49-year-old tycoon and four former Samsung executives were indicted in February 2017 for having offered or promised bribes to Park and her friend Choi Soon-sil.

Delegation from North to be led by its head of state

North Korea has chosen Kim Yong-nam, technically its head of state, to lead a high-level delegation to the PyeongChang Winter Games this week, a sign that the regime is emphasizing pomp and ceremony at the international gathering instead of sending a nitty-gritty negotiator.Officials from Pyongyang told their South Korean counterparts through the Panmunjom hotline late Sunday night that Kim would cross the border with three other delegates and 18 support staff, without providing any further names, according to the South’s Unification Ministry.The group plans to stay in the South from Friday, when the Olympics kick off, to Sunday.

Prosecutors call MB ‘main suspect’

Former President Lee Myung-bak ordered the nation’s main intelligence agency to divert funds to the Blue House during his presidency, the prosecution said Monday as it indicted Lee’s key aide as an accessory to the alleged crime. Kim Baek-jun, former general affairs secretary at the Blue House, was indicted on charges of receiving bribes and incurring losses to the state coffers. Kim, detained on Jan. 17, will remain in the prosecution’s custody. In Kim’s indictment, the prosecution identified Lee as the principal suspect in the alleged misappropriation of funds of the National Intelligence Service (NIS), and said Kim was an accomplice. With that labeling, Lee is destined to face an investigation and probable indictment as the main suspect in the Blue House’s practice of misusing secret operations funds of the NIS.


The KyungHyang Shinmun (

"Amendment vs. Preservation" "Socialist Amendment": Ruling and Opposition Parties Engage in a "War of Perspective"

The ruling Minjoo Party of Korea finalized its draft amendment of the Constitution, which has put the amendment discussions in full swing. The ruling party is pressing the opposition by turning the issue into a debate between constitutional amendments versus preservation, to which the Liberty Korea Party is fighting back arguing that the ruling party's amendment is secondary and that it is a socialist amendment. Other opposition parties that have supported the ruling party's efforts for a referendum in June are now voicing different views on the direction of power restructuring, complicating the situation surrounding the constitutional amendment.

Lower the Voting Age to 18 and Allow Children to Start School at 7”

Liberty Korea Party floor leader Kim Sung-tae (60) announced that he agreed to lowering the voting age from the current nineteen to eighteen.This day, as he addressed the National Assembly as a representative of a negotiating body, Kim said, "As a political party seeking social reforms in order to fulfill its responsibility to the future generation, the Liberty Korea Party will not neglect lowering the voting age and expanding equal rights in our society."He suggested lowering the voting age to eighteen and also lowering the age at which children enter school to seven. Kim said, "We can resolve the concerns of politics invading our schools due to the younger voting age by lowering the age at which children start school." He also said, "Having children start school a year earlier will prevent eighteen-year-old voters from voting in their school uniforms, and it can greatly ease the burden of childcare shouldered by the parents."

We Support Woo Won-sik's Efforts to Seek a Social Agreement

the Minjoo Party of Korea floor leader Woo Won-sik suggested establishing a social solidarity committee in the National Assembly including the ruling and opposition parties and all socioeconomic actors. While addressing the National Assembly as a representative of a negotiating body, he said, "The purpose of a grand social agreement is to reach a high level of social consensus on policies overall, including labor, welfare, regulations and taxes." He further said, "The social solidarity committee should actively reflect the diverse voices of the field including representatives of the younger generation, women, temporary workers, non-labor workers, small and medium-sized enterprises (SMEs), and small store owners, and the ruling and opposition parties should also take part." In other words, Woo called for the representatives of various fields to come together and seek a solution to the challenges we face and draw a blueprint for a new country. It's a good suggestion.


AJU Business Daily (

Appeals court releases Samsung's virtual head with suspended jail sentence

The de facto leader of South Korea's largest conglomerate, Samsung, restored his freedom Monday after an appeals court handed down a suspended jail sentence on charges stemming from a corruption scandal involving an ousted ex-president.The Seoul High Court sentenced Samsung Electronics Vice Chairman Jay Y. Lee, 50, to two years and six months with a stay of execution for four years. He was arrested on February 17 last year after ex-president Park Geun-hye was ousted.The son of Samsung's bed-ridden group head Lee Kun-hee was given a five-year prison sentence in August for embezzling company funds to bribe the ex-president's crony, Choi Soon-sil, who has been at the center of the scandal and indicted for coercing business leaders to donate money to her business entities.

No signs of ballistic missiles for N. Korean military parade: 38 North

North Korea has mobilized a small group of artillery pieces and armored fighting vehicles for a military parade this week, but there are no signs of ballistic missile or unmanned aerial vehicle launchers on the ground, according to 38 North, the website of a U.S. research institute.Based on the analysis of fresh satellite images, Joseph S. Bermudez Jr. said in his analysis published by 38 North that as of February 5, about 13,000 troops were seen practicing in the replica of a square at an airport in Pyongyang. "However, only a small group of artillery pieces and armored fighting vehicles are visible," he said.Military equipment can be stored at nearby facilities, but there are "still no signs" of ballistic missile or UAV launchers on the parade ground or at the heavy equipment storage area, said the American expert in North Korea's missile development.

S. Korea releases new smart mobility service for foreign visitors to Pyeongchang

To provide foreign visitors with an easy access to Olympic venues, South Korea has released "GO Pyeongchang", a smartphone app which provides integrated mobility services.The Ministry of Land, Infrastructure and Transport said in a statement Monday that "GO Pyeongchang" provides perfect mobility services by utilizing every resource including integrated services with other apps such as navigation apps, taxi-hailing apps and bus information apps.The app will also divert traffic into different routes to prevent traffic jams in the eastern ski resort of Pyeongchang, the main Olympic venue. Previously, visitors to Pyeongchang had to go through a hassle of using different kinds of apps, switching back and forth to find right information.


Maeil Business News Korea (

Kosdaq plunges 4.6% on Monday on concerns over speedy rate hikes in U.S.

The Korea Securities Dealers Automated Quotation (Kosdaq), South Korea’s secondary stock market, closed down by more than 4 percent on Monday, its steepest fall since the Brexit turmoil in June 2016, amid growing concerns over faster-than-expected rises in interest rates in the United States.The Kosdaq closed 4.59 percent or 41.25 points lower on Monday at 858.22, posting its worst decline since June 24 2016, when the tech and bio-heavy index plunged 4.76 percent after Britain voted to leave the European Union. The country’s benchmark stock index Kospi also fell 1.33 percent or 33.64 points from the previous session to close at 2,491.75 on Monday.

FSC to ease regulations to allow more operations of specialized banks

South Korea’s top financial regulator is seeking to ease regulations to allow operations of more specialized banks such as K-bank and Kakao Bank - the country’s two Internet-only banks that launched services last year. Choi Jong-ku, chairman of the Financial Services Commission (FSC), unveiled such plan at a conference on Monday at Yonsei University in northern Seoul, along with other measures to ease licensing regulations in the financial industry. Under the plan, the FSC will establish an institutional groundwork to allow operations of more specialized banks by breaking down licensing criteria and measures. The regulator plans to approve operations of customized banks according to their duties and roles. An unnamed FSC official said that “details are yet to come.”

Samsung heir Lee freed after appeals court suspends sentence

Jay Y. Lee, heir to South Korea’s top conglomerate and one of the world’s biggest technology makers Samsung Electronics, walked out as a free man on Monday upon serving nearly a year in prison after a South Korean appeals court acquitted him of most of the key charges in the most scandalous bribery scandal that removed former president Park Geun-hye out of office. The Seoul High Court on Monday reduced Lee’s five-year term sentenced in the lower court on Aug. 25 to 2 and a half years with four-year probation, immediately making him a free man as he had been detained since Feb. 17 last year.


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