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The Korean daily media headlines and humor

The Korean daily media headlines and humor

Monday, March 19, 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

/s/

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

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Interview with Ambassador Abida Islam of Bangladesh in Seoul

Bangladesh that won independence through the supreme sacrifice of the freedom fighters, will become a middle-income country by 2021

At a recent interview with The Korea Post, publisher of three English and two Korean-language news outlets, Ambassador Abida Islam of Bangladesh in Seoul said that the people of her country won their independence through the supreme sacrifice made by the three million martyrs’. She recalled with deep gratitude the greatest Bangalee of all time, Father of the Nation Bangabandhu Sheikh Mujibur Rahman, under whose undisputed leadership Bangladesh earned its independence. She also paid homage to two hundred thousand women who lost their innocence during that War and paid her tributes to four national leaders of Bangladesh, who led the War of Liberation and homage to all valiant freedom fighters.

President Moon Jae-in (right) received Letter of Credentials from newly accredited Ambassador Abida Islam of Bangladesh at the Presidential Mansion of Cheong Wa Dae on Jan. 31, 2018. It was immediately apparent at a recent interview with The Korea Post media that Korea and Bangladesh were now in good hands as far as prospect of substantially increased cooperation, friendship and interchange between the two countries were concerned.

(For further details, please visit:

http://www.koreapost.com/news/articleView.html?idxno=6264 (English edition) and/or http://www.koreapost.co.kr/news/articleView.html?idxno=34214 (Korean edition).

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

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

Bangladesh that won independence through the supreme sacrifice of the freedom fighters, will become a middle-income country by 2021

At a recent interview with The Korea Post, publisher of three English and two Korean-language news outlets, Ambassador Abida Islam of Bangladesh in Seoul said that the people of her country won their independence through the supreme sacrifice made by the three million martyrs’. She recalled with deep gratitude the greatest Bangalee of all time, Father of the Nation Bangabandhu Sheikh Mujibur Rahman, under whose undisputed leadership Bangladesh earned its independence. She also paid homage to two hundred thousand women who lost their innocence during that War and paid her tributes to four national leaders of Bangladesh, who led the War of Liberation and homage to all valiant freedom fighters.

CJ Logistics, Russia's FESCO ink partnership deal

CJ Logistics Corp. said Sunday it has signed a partnership deal with FESCO, a Russian transportation and logistics firm.The preliminary deal is expected to allow the logistics arm of South Korea's food and entertainment conglomerate CJ Group to do business using Russia's Trans-Siberian Railway, which will reduce costs for trade with Europe.Under the deal, CJ Logistics and FESCO will also jointly launch logistics businesses on the Trans-Siberian, the South Korean company said in a statement.Park Keun-tae, chief executive of CJ Logistics, said the company aims to provide a variety of logistics services by developing trade routes that link Asia to Europe. SEOUL, March 18 (Yonhap)

Top diplomats of S. Korea, Japan vow close coordination on N. Korea

The top diplomats of South Korea and Japan agreed Saturday to strengthen coordination amid a flurry of diplomacy with North Korea and pending bilateral issues, the South's foreign ministry said.South Korean Foreign Minister Kang Kyung-wha met with her Japanese counterpart, Taro Kono, in Washington on the margins of a three-day official visit here.They exchanged views mainly on North Korea and Seoul-Tokyo ties, with both sides agreeing the planned summits between Seoul and Pyongyang, and between Washington and Pyongyang, would become an important turning point in the impasse over North Korea's nuclear weapons program, the ministry said."To this end, they agreed to further strengthen the close cooperation and communication between South Korea and Japan, as well as between South Korea, the U.S., and Japan," it said in a press release.

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

Moon Orders Gov't to Submit Constitutional Revision Bill Next Monday

President Moon Jae-in has ordered the government to submit its own proposal for a constitutional amendment next Monday.Jin Sung-joon, presidential aide for political affairs, said during a news briefing on Monday that Moon instructed the presidential office to prepare the government-led bill for submission next Monday.Jin said that the move is aimed at giving the National Assembly a final chance to produce its own bill ahead of the June local elections. The president earlier considered proposing the bill after his seven-day tour to Vietnam and the United Arab Emirates from Thursday. However, he reportedly decided to move up the date, accepting the parties' request to guarantee at least 60 days of deliberation at parliament.

Top Security Officials of S. Korea, US, Japan Hold Talks on N. Korea

Top security officials of South Korea, the U.S. and Japan held discussions on the "complete denuclearization" of North Korea and upcoming talks with Pyongyang. Presidential spokesman Kim Eui-kyeom told reporters on Monday that National Security Adviser Chung Eui-yong held the three-way meeting with his U.S. and Japanese counterparts Herbert McMaster and Shotaro Yachi in San Francisco over the weekend.The spokesman said that the security officials agreed on the importance of not repeating the countries' past failures and agreed to continue working together closely over the next few weeks.A senior presidential official said that in the San Francisco meeting, South Korean and American officials held intensive talks, sharing the results of South Korean special envoys' recent trips to China, Japan and Russia.

Sex Scandal-hit Ex-Governor Being Questioned for 2nd Time

Former South Chungcheong Province Governor An Hee-jung appeared before prosecutors for questioning for a second time on Monday over sexual assault allegations.As he headed into the Seoul Western District Prosecutors’ Office, An said he thought the sexual relations he had with his former secretary and another woman who filed a complaint against him were consensual. However, he was quick to add that it appears that the accusers didn’t think so and that he is deeply sorry. An said he would sincerely take part in investigations and will face whatever legal actions that are decided. He also apologized to his family and those who had supported him. Asked if he abused his power in sexually assaulting the women, An only said he would actively cooperate in the investigations.

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

Gov't to submit own proposal for constitutional revision on March 26

The government will submit its own bill on constitutional change to the National Assembly next week, the presidential office Cheong Wa Dae said Monday."The president has instructed Cheong Wa Dae to prepare the government bill for submission on March 26," Jin Sung-joon, aide to President Moon Jae-in for political affairs, told a press briefing.Cheong Wa Dae officials earlier said March 26 was the last day for the government to submit its own bill ahead of the June 13 local elections as the parliament requires at least 60 days for its deliberations. Additional time is apparently then needed to print voting cards. The move, however, is also aimed at pressuring the unicameral parliament to come up with its own proposal.The president has repeatedly expressed his willingness to withdraw the government bill, even after its submission, should the ruling and opposition parties reach an agreement on their own proposal in time."President Moon again asked the National Assembly to quickly discuss and reach an agreement on its own bill while expressing his position to respect such an agreement at the National Assembly," Jin said.

Ex-governor denies sexual assault charges, claims consensual sex

Former Chungcheong Province Gov. An Hee-jung on Monday rejected allegations of sexually assaulting his secretary and an employee at his political think tank, saying the relationships were consensual.An made the remark to reporters after arriving at the Seoul Western District Prosecutors' Office for questioning over charges that he forced the secretary and the think tank employee to have sex with him multiple times against their will."I think it was consensual, but the accusers say that's not the case. I apologize," An said. "I will undergo questioning by the prosecution with a sincere attitude and will gladly take corresponding punishment."An also said he's sorry to supporters and his family.It was the second time An has appeared at the prosecutors' office after voluntarily turning himself in for questioning on March 9.

Etude House's first store in Middle East opens in Dubai

South Korean cosmetics firm Etude Corp. said Monday the first store of its brand Etude House in the Middle East has opened in Dubai's largest shopping mall, as the company moves to expand its global market presence.The opening of the outlet at the Dubai Mall on Saturday marks Etude's first entry into the Middle Eastern market, according to the affiliate of South Korean cosmetics giant Amorepacific Group.Amorepacific has been accelerating its overseas push after suffering from weak earnings amid a sharp drop in the number of Chinese tourists in South Korea.Etude will open another store in Kuwait on Thursday and prepare to make inroads into Saudi Arabia by the first half of this year, it said.

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

S. Korean, US and Japanese security chiefs vow to avoid past mistakes

Seoul’s National Security Office chief Chung Eui-yong met with his US and Japanese counterparts and agreed on close collaboration on denuclearization of the Korean Peninsula, Cheong Wa Dae revealed Monday. According to Cheong Wa Dae spokesman Kim Eui-kyeom, Chung met with US National Security Advisor H. R. McMaster and Japan’s Shotaro Yachi in San Francisco in a trilateral meeting held in San Francisco on Saturday and Sunday. The three nations’ top national security officers discussed the upcoming inter-Korean and US-North Korea summits, and ways to bring about denuclearization of the North.“The attendants agreed on the importance of avoiding past mistakes (in dealing with North Korea), and to continue close collaboration over the coming weeks,” Kim said.

Kang confident of US troop presence in S. Korea

South Korea’s top diplomat said that she is confident of Washington’s commitment to the alliance and the troop presence in the country during an interview with a US media outlet aired Sunday, as the allies seek to boost coordination amid a diplomatic opening with North Korea. Foreign Minister Kang Kyung-wha said on CBS News’ “Face the Nation” that US President Donald Trump’s apparent threat to remove US troops from South Korea over a trade dispute “raises eyebrows,” but the country remains “absolutely confident of the American commitment to the alliance and the troop presence in our country.”

Prosecution to determine soon whether to seek arrest warrant for ex-President Lee

Prosecutors are expected to decide as early as Monday whether to seek an arrest warrant for former President Lee Myung-bak accused of bribery and other charges.Lee, president from 2008-2013, is suspected of taking about 11 billion won ($10.3 million) in bribes from the state intelligence agency, businesses and others. He's also accused of embezzlement and abuse of power.In particular, prosecutors have been looking into fresh suspicions that Lee received about 200 million won in bribes ahead of the 2007 presidential election from a Buddhist monk seeking Lee's influence in establishing a Buddhist university.Prosecutors questioned Lee for 21 hours on Wednesday and Thursday. He became the country's fifth former president to be questioned by prosecutors.

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

Gov't to submit own proposal for constitutional revision on March 26

The government will submit its own bill on constitutional change to the National Assembly next week, the presidential office Cheong Wa Dae said Monday."The president has instructed Cheong Wa Dae to prepare the government bill for submission on March 26," Jin Sung-joon, aide to President Moon Jae-in for political affairs, told a press briefing.Cheong Wa Dae officials earlier said March 26 was the last day for the government to submit its own bill ahead of the June 13 local elections as the parliament requires at least 60 days for its deliberations. Additional time is apparently then needed to print voting cards.The move, however, is also aimed at pressuring the unicameral parliament to come up with its own proposal.The president has repeatedly expressed his willingness to withdraw the government bill, even after its submission, should the ruling and opposition parties reach an agreement on their own proposal in time.

Sweden has been requesting Americans' release from N. Korea

Sweden has consistently worked on behalf of the United States to request the release of three Americans detained in North Korea, a White House official said Sunday.CNN reported that the issue of the detainees was discussed in depth during last week's meetings in Stockholm between top North Korean and Swedish diplomats."Sweden is our protecting power, so they naturally make these requests for us, and have been doing so," the National Security Council official told Yonhap on background.Sweden serves as an intermediary between the U.S. and North Korea as the two do not have diplomatic relations with each other.The three American detainees -- Kim Dong-chul, Tony Kim and Kim Hak-song -- have been accused of espionage or "hostile acts."

North Korea safe from #MeToo?

Many North Korean women are subject to sexual assaults in their workplaces, especially in the military, where superiors exploit their power to rape their female juniors, according to a human rights advocate group.This means the secretive state is still far from the #MeToo Movement that has affected politics, culture and all other sectors in the South.The Database Center for North Korean Human Rights said last week that more than 34 percent of 70 North Korean defectors in the South said they had suffered sexual abuse or heard about victims when serving in the North Korean military.Women make up one-third of the 1.28 million North Korean military personnel. Females who jointly serve with the men in medical, communication and artillery units are vulnerable to sexual assault because the country has low awareness about women's human rights, a source said.

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Chosun Ilbo (http://english.chosun.com)

S.Korea to Take More Discreet Delivery of New Fighter Jet

The military is toning down a handover ceremony for a batch of new F-35A state-of-the-art fighters from the U.S. as an inter-Korean summit looms. The jets, which cost W7.3 trillion, are intended to counter the nuclear and missile threat from North Korea (US$1=W1,067). The event will be held at the Lockheed Martin plant in Fort Worth, Texas on March 28. Air Force Chief of Staff Lee Wang-keun and Jeon Jei-guk, the chief of the Defense Acquisition Program Administration, both abruptly canceled plans to attend. "Neither can attend the ceremony," a military spokesman said. "Lee must stay in the country to maintain military preparedness while [President Moon Jae-in] is on an overseas trip, and Jeon will accompany the president."

Pyeongchang Paralympics Draw to a Close

The Winter Paralympics in Pyeongchang ended with a celebration at the closing ceremony on Sunday, after a 10-day run in which athletes proved that disabilities are no barriers to them.The first Winter Paralympics in the country received a great response from the public. The organizing committee said some 345,000 tickets were sold and some 742,000 people visited to look around Pyeongchang and nearby Gangneung.

To Avoid Overeating, Choose Foods That Take Time to Digest

Certain meals leave us wanting more to eat, while others leave us full for a long time. This is because some foods take longer to digest than others, resulting in varying levels of satiation. We feel hungry when our stomach is empty. Eating foods that take longer to move through the stomach keep us feeling full for longer, preventing us from overeating. Fat, for example, stays in the stomach longer than carbohydrates do. Carbohydrates stay in the stomach for about three hours, while it takes six hours to digest fat. Lean meats help us feel full for longer, but foods with a high level of saturated fat such as deep-fried food and snacks have a detrimental effect on our health, as they are high in calories and boost the level of lipids in the blood.

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HanKyoReh Shinmun (http://english.hani.co.kr)

Parts suppliers in Incheon area suffer as GM Korea cuts back on orders

One month after GM’s announcement of its plan to shutter a factory in Gunsan operated by GM Korea, the shock has spread beyond Gunsan in North Jeolla Province to the Incheon area, the location of GM Korea’s corporate headquarters and its Bupyeong factory. This factory is GM Korea’s biggest operation, with the capacity to produce 500,000 vehicles a year. Needless to say, the factory has an outsized impact on the local economy. When I visited Incheon’s Namdong Industrial Park on Mar. 14, there were few signs of its past energy. GM has reduced its orders by as much as 50%, landing a body blow on these factories and sending their utilization rate plummeting.“Because of the GM crisis this year, sales have declined by 20%, and sometimes as low as 50%. At this rate, we’re all going to go out of business,” admitted Mun Seung, CEO of Daseong, a company that has been manufacturing automobile parts at Namdong Industrial Park for 25 years.

South Korean lonely death phenomenon chiefly affecting middle-aged people

With one of the world’s highest rates of elderly poverty and an explosive increase in the number of single elderly households, one might conclude that dying alone is a problem chiefly for elderly South Koreans in their sixties and over. But statistics show the shadow of lonely death looming more heavily over middle-aged people in their forties and fifties than those over 60. It is a phenomenon unique to South Korea – precedents are difficult to find even in Japan, which was first to deal with the “lonely death” issue.“The Japanese are astonished to learn that lonely death in South Korea is mostly a phenomenon among people in their forties and fifties,” said Song In-ju, a researcher at the Seoul Welfare Foundation studying lonely deaths in South Korea. Lonely deaths are not often seen among middle-aged people in Japan, where the concept of lifelong employment still holds strong. With South Korea’s low retirement age and a continued failure to revise its welfare system, middle-aged people enter a high risk group for lonely death upon early retirement.

Majority of South Koreans feel that North Korean attitude is changing

As the dialogue phase that began during the Pyeongchang Winter Olympics continues with the upcoming inter-Korean summit and the North Korea-US summit, more than half of respondents in a recent public opinion poll felt that North Korea’s attitude has changed.The poll, which was carried out by Gallup Korea from Mar. 13 to 15 on 1,003 adults around South Korea, had a sample error of ±3.15 percentage points and a reliability level of 95%. When respondents in the poll, which was published on Mar. 16, were asked about North Korea’s attitude, 53% said it had changed and 34% said it had not. That was nearly double the percentage (28%) of respondents who thought that North Korea had changed when Gallup carried out a poll between Jan. 2 and 4, immediately after North Korean leader Kim Jong-un expressed his desire to engage in inter-Korean dialogue during his New Year’s address.

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JoongAng Ilbo (http://koreajoongangdaily.joins.com/)

North Korean diplomat heads to Finland

Choe Kang-il, a senior diplomat handling North American affairs in North Korea’s Foreign Ministry, was seen at a Beijing airport on Sunday en route to Finland for a two-day meeting with former American and South Korean officials that is expected to thaw tensions between the reclusive regime and the United States.South Korea’s Foreign Ministry scarcely made any mention of the talks, which are set to kick off on Monday in Helsinki, Finland’s capital, but Finnish media quoted Finland’s Foreign Ministry describing the “unofficial talks” as mainly academic in nature and said Choe would meet Kathleen Stephens, who formerly served as U.S. ambassador to South Korea. A South Korean government official who spoke on the condition of anonymity told the JoongAng Ilbo on Sunday that Choe was recently promoted from deputy director general for North American affairs to director general after Choe Son-hui left the position to become vice foreign minister.

Hyundai, Kia cars probed for faulty airbags

The U.S. National Highway Traffic Safety Administration is investigating several Hyundai and Kia models for faulty airbags that could affect roughly 425,000 vehicles, the government agency said in a report Saturday.The models under investigation include Hyundai’s 2011 Sonata and Sonata Hybrid sedans, as well as Kia’s 2012 and 2013 Forte sedans and Forte coupes. The probe comes after six crashes - four with the Sonata and two with the Forte - left four dead and six injured when the frontal airbags in those vehicles failed to deploy. The accidents took place between 2012 and 2017, though the agency did not provide exact dates.Hyundai Motor suspects that electrical overstress shorted the computer system which controls airbag deployment, preventing it from inflating. The component was manufactured by a German auto parts supplier, ZF-TRW.

Korea’s employment gender gap is 4th-highest

Korea has the fourth-highest gender gap in labor force participation among member countries of Organization for Economic Cooperation and Development (OECD), which is primarily due to the large number of married Korean women who quit their jobs after giving birth.The gender gap in labor force participation is 20.5 percent in Korea, which is higher than the OECD average of 16.4 percent in 2016, according to data from the organization. Countries with higher gender gaps than Korea include Turkey, Mexico and Chile. The central bank noted that Korea and other Asian countries like Japan show an abrupt drop-off in female participation in the labor force, which indicates that many women leave their jobs after age 30.

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The KyungHyang Shinmun (http://english.khan.co.kr/)

Will the Prosecution Service Also Summon First Lady Kim Yoon-ok?

Kim Yoon-ok (71, photo), the first lady of former President Lee Myung-bak (77) is expected to be questioned by the Prosecution Service as circumstantial evidence suggests that she received approximately 500 million won from Lee Pal-sung, former chairman of Woori Financial Group in addition to the US$100,000 (100 million won) from the National Intelligence Service (NIS).According to the authorities on March 15, Kim Hee-jung, the former president’s personal secretary told the prosecutors that in 2011 he received over 100 million won provided by Won Sei-hoon, former director of the National Intelligence Service and delivered it to the first lady’s assistant. Former President Lee also admitted to having received the money during the questioning the previous day. The Prosecution Service also believes that most of the 2.2 billion won that former Chairman Lee Pal-sung gave to the former president was the slush funds of Sungdong Shipbuilding, and that of these funds about 500 million won was delivered to the first lady. Sungdong Shipbuilding was subject to a corporate workout in 2010, but it was able to avoid court receivership until recently due to support from the Export-Import Bank of Korea, a government-managed bank. Prosecutors suspect that the former president may have exerted influence in this process. An official from the Prosecution Service said, "Former President Lee's statement implied that he was not aware of this."

Discussions on the Declaration of the End of War, Will It Include Denuclearization?

The government gathered a team to prepare for the North-South Korea summit just forty days ahead, and the topic of interest is now on the summit agenda. In particular, the problem is how the government will reflect previous agreements between the two Koreas including the agreement to promote the declaration of the termination of hostilities and the denuclearization of the Korean Peninsula in the current new environment ahead of the first ever summit between North Korea and the United States. Cheong Wa Dae is urging the preparation team to focus on the denuclearization of the Korean Peninsula, a permanent peace system, and the joint prosperity of the two Koreas, which President Moon Jae-in presented in a meeting with his senior secretaries and advisors last week. In other words, preparations for the inter-Korean summit will also be made within this range.

Lee Myung-bak Stands Before the Law: Apologized to the People, But Denied Allegations

Former President Lee Myung-bak (77) appeared before the Prosecution Service and was questioned as a suspect on bribery charges on March 14. This happened five years after he retired as the president in February 2013. Lee has become the fifth former president to be questioned by prosecutors after his retirement following former presidents Roh Tae-woo, Chun Doo-hwan, Roh Moo-hyun and Park Geun-hye. Reportedly, former President Lee denied his involvement and instructions on most of the charges including bribery during the questioning this day.

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

Summit resurrects idea of building inter-Korean highway

It has been shelved every time when tensions between South and North Korea grew, but the idea of restoring a severed cross-border traffic route came back, buoyed by an agreement to hold an inter-Korean summit in April.North Korean leader Kim Jong-un surprised the world by agreeing to hold an inter-Korean summit at the truce village of Panmunjom in the middle of the demilitarized zone which has split the Korean peninsula since the 1950-53 Korean War.Kim's peace overture has fueled expectations on a possible inter-Korean detente as well as the resumption of stalled exchanges and trade across the border, although South Korean President Moon Jae-in was cautious about any quick rapprochement.

LG Display showcases sound-generating OLED lamp at trade show

LG Display has showcased sound-generating lighting products using organic light emitting diodes (OLED) at a trade fair in Germany. The products called Crystal Sound OLED (CSO) were unveiled Sunday at the annual Light & Building 2018 in Frankfurt. using CSO, LG said realistic sounds can be played at museums and other experience zones.LG Display said its products can create emergency light and sounds together to guide people. LED Inside, a China-based LED market specialist, estimates the global smart lighting market will reach 13.4 billion US dollars by 2020.

Researchers develop OLED medical patch for fast wound healing

South Korean scientists have developed a medical patch using organic light emitting diodes (OLED) that could heal wounds fast by stimulating biochemical skin reaction.The OLED medical patch has been jointly developed by researchers from the state-run Korea Advanced Institute of Science & Technology (KAIST) and Seoul National University Bundang Hospital. The researchers said that if the strength of emitted light is controlled, the OLED patch can be used to treat skin cancer, dementia and depression.Medical devices using LED are bulky and create too much heat, increasing the risk of low-temperature burns. Because of such demerits, they are used like a fixed lamp without being adhered to the skin. The OLED patch is just about one millimeter thin and can be applied to anywhere.

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

NongHyup forges local partnership to make inroads into China

South Korea’s National Agricultural Cooperation Federation (NongHyup) has joined hands with China’s largest cooperative body to supply agricultural products and food materials in the vast consumer market.NongHyup Hanaro Distribution said on Friday that it has signed a memorandum of understanding with All China Federation of Supply and Marketing Cooperatives and state-owned Sinotrans Tianjin Co. to forge a strategic partnership. All China Federation of Supply and Marketing Cooperatives is a state organization in China with 200,000 primary members and 3.4 million employees that is similar to NongHyup combined with the retail department of Korea’s Ministry of Agriculture, Food and Rural Affairs.

Daelim Energy begins operation of wind power facility in Pakistan

Daelim Energy Co., South Korea’s energy and infrastructure development company affiliated with Daelim Industrial Co., said on Friday it has embarked on the commercial operation of a wind power facility in southwestern Pakistan, more than a year after it broke ground for the $130 million wind farm in November 2016. The company said on Friday it has kicked off the operation of the Hawa Wind Project, a 50-megawatt power facility with 29 wind power generators. The facility in Sindh Province in Pakistan is expected to produce 204 gigawatt hours of energy every year, which is enough to serve 56,000 households.

DB Group wins back FIS System

South Korea’s DB Group is buying back an entire stake in IT service provider FIS System at 94.9 billion won ($88.8 million) three years after it was forced to sell the business amid corporate restructuring. DB Inc., the group’s holding entity, said Friday that it inked an agreement with local private equity firm BK A&Z Co. to purchase a 100 percent stake in FIS System at 94.9 billion won by exercising its call option. The group plans to complete the acquisition in mid-May. DB Group, formerly Dongbu Group spun off its IT service unit in December 2014 and sold FIS System to BK A&Z in the following month as part of a group-wide restructuring effort.

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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 Times www.nytimes.com inytletters@nytimes.com

Wall Street Journal www.wsj.com support@wsj.com,service@wsj-asia.com

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

The Times www.thetimes.co.uk help@timesplus.co.uk

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

Chinese People's Daily www.people.com.cnkf@people.cn

China Daily www.chinadaily.com.cn circulation@chinadaily.com.cn

GwangmyeongDaily www.gmw.cn webmaster@gmw.cn

Japan's Yomiuri www.yomiuri.co.jp japannews@yomiuri.com

Asahi www.asahi.com customer-support@asahi.com

Mainichi www.mainichi.jp

Le Monde www.ilemonde.com

Italy LaRepubblica www.quotidiano.repubblica.it vittorio.zucconi@gmail.com

Germany Frankfurter AllgemeineZeitung www.faz.net anzeigen.ausland@faz.de

SüddeutscheZeitung www.sueddeutsche.de forum@sueddeutsche.de

Australia Brisbane Times www.brisbanetimes.com.au syndication@fairfaxmedia.com.au

Sydney Morning Heraldwww.smh.com.au

Colombia Reports http://colombiareports.com

Bogota Free Planet http://bogotafreeplanet.combfp@bogotafreeplanet.com

El Universal http://www.eluniversal.com.mx/english

Andes http://www.andes.info.ec/en

Ecuador Times http://www.ecuadortimes.net

The Jordan Times https://www.jordantimes.com

LSM.lv http://www.lsm.lv/en

The Baltic Times http://www.baltictimes.comlithuania@baltictimes.com, estonia@baltictimes.com, editor@baltictimes.com

El Pais http://elpais.com/elpais/inenglish.html

Philippine Daily Inquirer https://www.inquirer.net

Daily News Hungary http://dailynewshungary.com

Budapest Times http://budapesttimes.hu

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

Azerbaijan: https://www.youtube.com/watch?v=OR8CBpcQ4WM

Sri Lanka: https://www.youtube.com/watch?v=hByX92Y2aGY&t=22s

Morocco: https://www.youtube.com/watch?v=jfFmp2sVvSE

And many other countries.

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TO ERR ON THE SAFER SIDE!

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For quick response, call Chairman Lee directly at 010-5201-1740 or reporters at 010-3388-1682 or 010-7584-5873.

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Lee Kyung-sik  edt@koreapost.com

<저작권자 © 코리아포스트, 무단 전재 및 재배포 금지>

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