The Korean daily media headlines and humor
The Korean daily media headlines and humor
  • Lee Kyung-sik
  • 승인 2018.03.27 17:17
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The Korean daily media headlines and humor

Tuesday, March 27, 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:

If the Headlines are no longer desired, please advise us at: or

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.

Moon to visit S. Korean troops in UAE, meet ruler of Dubai

South Korean President Moon Jae-in was set to make a rare trip Tuesday to meet a South Korean military contingent in the United Arab Emirates under a program to help train UAE troops, followed by a meeting with the UAE prime minister and ruler of Dubai.The president will first travel to the base of the South Korean military unit, Akh, to meet its 138 service members, according to his office Cheong Wa Dae.The Akh unit has been stationed here since January 2011 to help train UAE troops and help protect South Korean residents in case of any armed conflicts here. While meeting South Korean residents in Abu Dhabi on Monday, the South Korean president partly confirmed his country's continued commitment to the joint training program, saying the countries will become brothers, as the name of South Korean unit, Akh, means brother in Arabic.

U.S. 'can't confirm' Kim's visit to China

The White House said Monday it can't confirm reports that North Korean leader Kim Jong-un is currently visiting Beijing.Japan's Kyodo news agency reported earlier that a high-ranking North Korean official appeared to have taken a train across the border, although it was unclear whether it was Kim.Bloomberg later cited three unnamed people as saying the visitor was indeed the North Korean leader."We can't confirm those reports. We don't know if they're necessarily true," White House deputy spokesman Raj Shah said during a regular news briefing.Kim is not known to have left his country since he took power upon the death of his father and then leader, Kim Jong-il, in late 2011.

Bulgaria celebrates her National Day and EU Presidency

Ambassador Petar Andonov of Bulgaria in Seoul said: “Third of March is our National Day and I am glad that you are here tonight to help us to mark it. On March 3rd 1878, or exactly 140 years ago, the Bulgarian statehood was restored after almost 500 years of Ottoman Empire rule and Bulgaria reappeared on the European political map.”Speaking at a reception he hosted at the Grand Hyatt Seoul on March 5, 2018 in celebration of the National Day of Bulgaria and the assumption of the EU Council chairmanship by Bulgaria, Ambassador Andonov stated, “In March 2018, exactly 140 years later, Republic of Bulgaria is holding the Presidency of the Council of the EU until June 30th for a first time since our accession to the EU in 2007.”



Bloomberg: Kim Jong-un Makes Secret Trip to China

Foreign media report that a high-ranking North Korean official, possibly North Korean leader Kim Jong-un, is visiting China ahead of Pyongyang's summits with Seoul and Washington.The official reportedly visited Beijing on Monday by a special train that had previously been used for former North Korean leader Kim Jong-il's China trip. Quoting unidentified sources, Bloomberg said on Tuesday that "Kim made a surprise visit to Beijing on his first known trip outside North Korea since taking power in 2011."Japan's Kyodo News said that an unidentified official appears to be visiting China, but it has yet to be confirmed whether the figure is North Korean leader Kim Jong-un.

UAE Likely to Sign $25 Bln Deals with S. Korean Firms

The United Arab Emirates(UAE) has expressed its intent to sign 25 billion dollars worth of deals with South Korean firms on its energy development projects.The presidential office said in a press release on Tuesday that President Moon Jae-in was given the UAE's assurance for the deals when he met with top officials following his summit with Crown Prince Mohammed bin Zayed Al Nahyan.The crown prince reportedly issued specific instructions to his aides including Khaldoon Al Mubarak, chairman of the Executive Affairs Authority of Abu Dhabi, regarding the deals after the summit. The UAE said that SK Group will take part in its crude oil storage project in the Fujairah area and Samsung Group will sign a three-point-five billion dollar deal with the UAE, with the two countries' economic cooperation reaching 25 billion dollars.

Government’s Youth Employment Measures

The government has unveiled a plan to tackle youth unemployment. It announced relevant measures in a meeting presided over by President Moon Jae-in on March 15. Today, we’ll discuss whether the new plan will effectively address the nation’s chronic youth unemployment amid a worsening job crisis that is described as an “employment cliff.” Here is Park Jeong-il, a member of the Presidential Committee of Job Creation and professor of the Department of Computer Science at Hanyang University, to explain the new measures in detail.


Yonhap (

Crown Prince of UAE says S. Korea lined up for US$25B projects

South Korean firms may expect to cinch up to US$25 billion in new energy development projects in the United Arab Emirates (UAE), Crown Prince Mohammed bin Zayed Al Nahyan has told the visiting South Korean president, South Korea's presidential office Cheong Wa Dae said Tuesday.The assurance was made in a bilateral summit Sunday between the UAE leader and President Moon Jae-in, according to Cheong Wa Dae officials.The amount was not offered in detailed projects, but in a sum, they said, adding the crown prince had specifically instructed UAE officials at the summit to make sure such an amount will go to South Korean firms.Such an instruction came shortly after the two leaders agreed to upgrade their countries' relationship to a "special strategic partnership."

S. Korea's icebreaker embarks on Antarctic mission to explore ice shelf melting

South Korea's icebreaker began an Antarctic mission Tuesday to explore a melting ice shelf and study its impact on climate change and the ecosystem, the operator of the science vessel said.The Araon left the southern New Zealand port town of Lyttelton to sail for the Larsen C ice shelf to examine the melting speed of the iceberg there, the Korea Polar Research Institute (KOPRI) said.The Larsen C ice shelf is the fourth-largest ice shelf in Antarctica, spanning an area of about 55,000 square kilometers, half the size of South Korea.Unlike thin layers of sea ice, ice shelves are floating masses of ice that can be hundreds of meters thick.The Southern Ocean region produces about three-quarters of the nutrients that sustain life in the rest of the world's oceans. The region is also home to most of the world's penguins and whales.

Gov't, ruling party agree to focus on creating jobs, cultural space through urban renewal

The government and ruling Democratic Party agreed Tuesday to focus on creating new jobs and cultural space for youths through an ongoing nationwide urban renewal project.The two sides held a policy coordination meeting to plan out a road map to implement the five-year "New Deal" project to refurbish underdeveloped communities by building infrastructure and welfare facilities, providing rental homes and remodeling dilapidated shops and factories.The project worth 50 trillion won (US$46.5 billion) is one of President Moon Jae-in's key election pledges."(The government) plans to provide funds and rental space at affordable rates to ensure that old public facilities, empty shops and abandoned factories will be used to create startups and cultural space for youths," Kim Hyun-mee, the minister of land, infrastructure and transport, said during a policy coordination meeting with the ruling party.


The Korea Herald (

S. Korea unable to confirm Kim's China trip

Cheong Wa Dae and government agencies on Tuesday said they were unable to confirm reports of North Korean leader Kim Jong-un‘s visit to China. Bloomberg on Tuesday reported Kim’s secret trip, citing three unnamed sources, while saying that the purpose and itinerary of his visit are not yet known.Japanese media also reported that a green train that is said to resemble one that North Korea‘s leaders had used on foreign trips has arrived in China.Despite the reports, the Seoul government has yet to confirm Kim's alleged visit as of early Tuesday.

Samsung aims to sell 1.5m QLED TVs this year

Samsung Electronics’ visual display unit has internally set a goal of selling 1.5 million quantum dot-based light-emitting diode TVs this year in order to make clear its top position in the global premium TV market, according to sources Monday. “Samsung’s target sales volume for the QLED lineup is 1.5 million, a notable increase from last year’s 1 million,” an industry source told The Korea Herald. “By selling more of these expensive larger-size TVs than before, Samsung wants to raise the average selling price of its total sales volume,” the source said. Considering that the South Korean tech giant has cut its annual TV sales volume from about 50 million to between 41 and 42 million units this year, the volume increase in the premium TV lineup suggest a shift in Samsung’s TV strategy. Compared to its thriving smartphone business Samsung has been struggling in the TV sector.

Crown Prince of UAE says Korea lined up for $25b projects

South Korean firms may expect to cinch up to $25 billion in new energy development projects in the United Arab Emirates, Crown Prince Mohammed bin Zayed Al Nahyan has told the visiting South Korean president, South Korea's presidential office Cheong Wa Dae said Tuesday.The assurance was made in a bilateral summit Sunday between the UAE leader and President Moon Jae-in, according to Cheong Wa Dae officials.The amount was not offered in detailed projects, but in a sum, they said, adding the crown prince had specifically instructed UAE officials at the summit to make sure such an amount will go to South Korean firms.Such an instruction came shortly after the two leaders agreed to upgrade their countries' relationship to a "special strategic partnership."


The Korea Times (

Kim Jong-un makes surprise visit to China: reports

North Korea leader Kim Jong Un has visited China, Bloomberg reported on Monday citing three unnamed sources, in what would be his first known overseas trip since taking power in 2011 and ahead of a potential summit with U.S. President Donald Trump.Details of his visit including its purpose and itinerary were not yet known, Bloomberg said.Japanese media reported earlier on Monday that a high-ranking Pyongyang official appeared to have arrived by train in Beijing. Kyodo, citing sources close to the matter, said the visit of the official was intended to improve ties between Beijing and Pyongyang that have been frayed by North Korea's pursuit of nuclear weapons and China's backing of tough sanctions against North Korea at the United Nations Security Council.

Cryptocurrencies to be available at 6,000 outlets in Korea

South Korea's leading crypto exchange and a mobile payment service provider will work together to make virtual currencies available at thousands of outlets here. The partnership was made on Monday between crypto exchange Bithumb and Korea Pay's Service, operator of mobile payment service Pay's. About 200 franchise brands will allow customers to use the service to pay at 6,000 outlets across the country. Among the brands are desert cafe Sulbing, Cafe Droptop, seafood buffet restaurant Todai and candle store Yankee Candle. The two companies will work to make virtual currencies available at 6,000 outlets in the first half of the year and 8,000 by the end of the year. "We have taken a landmark step," a Bithumb official said. "We will try hard to set up an environment in which cyptocurrencies are used extensively."

Barakah plant to give South Korea opportunity for more development projects

President Moon Jae-in said Monday the nuclear power plant being built by Korean companies in Barakah in the United Arab Emirates (UAE) will be a stable supply of energy for the country and become a next-generation growth engine for Korea.He said the successful construction will give Korea a better chance to win another bid for a nuclear plant project in Saudi ArabiaMoon celebrated the completion of the construction of the UAE's first nuclear reactor at the construction site at the invitation of Crown Prince Mohammed bin Zayed Al Nahyan. Some 200 officials from the two governments and related companies took part in the ceremony.The reactor is the UAE's first and also the first for a Korean company to build overseas. Korea won the bid for the $18.6 billion project to build four reactors at the end of 2009. The construction of the remaining three is slated for completion in 2020, and then the nuclear plant will generate 25 percent of the UAE's total electricity demand.


Chosun Ilbo (

Kim Jong-un 'on Secret China Visit'

North Korean leader Kim Jong-un or someone close to him is believed to be on a secret state visit to China. Security has been heightened around a 100 m radius of the Great Hall of the People in Beijing, while a convoy of 20 luxury sedans has been spotted including cars owned by the North Korean Embassy.Earlier on Monday, Japanese media reported that a special train from North Korea was captured on camera arriving at Beijing Station under heavy protection. The 21-carriage train was painted green with yellow lines. Armed police were stationed along the railroad. The NNN cable channel reported that the train was "very similar" to the one used by former North Korean leader Kim Jong-il when he visited Beijing back in 2011.

N.Korea Asks for S.Korea's Help in Softening up U.S.

North Korea is highly suspicious of the U.S.' position ahead of a scheduled summit in May and no longer confident whether the meeting will take place. At dinner with South Korean officials last week in Helsinki, Finland, Choe Kang-il, a deputy director general for North American affairs at North Korea's Foreign Ministry, expressed deep suspicion and said, "I am not sure whether the North Korea-U.S. summit will take place. We ask the South Korean government to mediate," according to sources who were present at the dinner. The unofficial meeting in Helsinki was to have paved the way for more concrete summit preparations. One diplomatic source said, "North Korea was busy trying to verify the U.S.' intentions. They were particularly surprised to see the U.S. maintain maximum pressure even after accepting the summit offer."

USFK to Practice Evacuating Civilians All the Way to U.S.

The U.S. Forces Korea will practice the mass evacuation of American civilians from South Korea next month, the Stars and Stripes military daily reported last Thursday. "It will transport a group of about 100 volunteers all the way to the United States this year in what is believed to be a first," the paper said citing a source. The noncombatant evacuation operation will be held on April 16-20 during the annual joint South Korea-U.S. military exercises.The U.S. military holds such evacuation exercises twice a year, involving mostly family members and civilian contractors. But during previous drills, they were evacuated to Yokota Air Base west of Tokyo, whereas this time they will be transported all the way to the U.S. mainland.


HanKyoReh Shinmun (

High-level inter-Korean talks to take place on Mar. 29

High-level inter-Korean talks to prepare for an anticipated 2018 inter-Korean summit in late April will be taking place on Mar. 29 at the Tongilgak building on the North Korean side of the Panmunjeom Joing Security Area.“On the morning of Mar. 24, the North agreed over the Panmunjeom liaison channel to our Mar. 22 proposal to hold high-level talks to prepare for the summit,” a Ministry of Unification senior official said on Mar. 25“The North will be sending a three-member delegation led by Committee for the Peaceful Reunification of the Fatherland (CPRF) chairman Ri Son-kwon, and agreed to continue discussing practical matters over the Panmunjeom liaison channel,” the official added.

[Special Features Series: April 3 Jeju Uprising, Part II] The April 3 Exodus

Amid the Jeju Uprising in 1948, many islanders fled to Japan and mainland South Korea. Some left because they were tired of life on the island; others were whisked away from the “island of death” by their mothers or grandmothers as only children and eldest grandchildren. As the military and police’s punitive operation intensified, parents smuggled their children out to save their lives – knowing they would never see them again.These were the beginnings of what has become known as the “April 3 Exodus.” Jeju residents risked their lives on boats across stormy waters. Life in an unfamiliar land was difficult – but at least they had escaped death. Some had siblings who remained on Jeju or scattered to live in Japan, the US, and North Korea. Even after learning of their parents’ deaths back home, they could only mourn – but not return.

South Korea, US appear to be in final stages of KORUS FTA amendment negotiations

“These are just the second round of talks, so there’s a long way left to go. It looks like we’re going to need to have more negotiations,” said South Korean Trade Minister Kim Hyon-chong soon after the second round of KORUS FTA amendment negotiations on Feb. 1.Despite Kim’s implication that a deal between the two sides was still far off, recent progress in South Korea-US Free Trade Agreement (KORUS FTA) amendment negotiations suggests that a final resolution may be imminent. The dramatic turnaround may mean a deal is in sight three months after the negotiations began on Jan. 5, with the abrupt emergence of steel tariff exemptions as a trade issue and the KORUS FTA becoming directly linked to the steel issue.“Minister for Trade Kim Hyun-chong and KORUS FTA chief negotiator Yoo Myung-hee held late-stage negotiations in Washington through Mar. 24. They’re almost finished,” a senior official at the Office of the Minister for Trade (OMT) told the Hankyoreh in a Mar. 25 telephone interview.


JoongAng Ilbo (

Seoul clinches new trade deal with Trump

Korea will give wider access to imported American cars in exchange for an exemption from higher U.S. tariffs on its steel exports, according to Korea’s trade minister. But it has kept the U.S. from prying open the agricultural market. “The revision of the Korea-U.S. FTA [free trade agreement] has been settled ‘in principle,’” said Kim Hyun-chong, Korea’s trade minister, on Monday as he announced the results of his four-week visit to the United States at a press briefing at the government complex in Seoul.

Moon sends assembly charter amendment bill

President Moon Jae-in sent his constitutional amendment bill to the National Assembly on Monday, kicking off a 60-day countdown for the legislature to consider and vote on the proposed changes, including a new presidential system. According to the Blue House, Moon used an electronic approval system while in the United Arab Emirates to approve the submission of the bill, which his cabinet passed earlier in the morning. The bill aims at making a wide range of changes, including introducing a four-year presidential system with a possibility of re-election for a second consecutive term. “I made a pledge to the nation that a national referendum to amend the Constitution will take place in time with the June local elections,” Moon said in a statement read by his spokesman Kim Eui-kyeom. “To keep the promise, I am exercising the right, bestowed by the Constitution to the president, to submit an amendment bill.”

Bolton accuses North of buying time with talks

John R. Bolton, an American hard-liner on North Korea policy who was named President Donald Trump’s new national security adviser last week, accused Pyongyang of trying to “slow-roll the negotiations” with Washington to buy more time for its nuclear weapons development, saying the regime had only a “limited number of things” to do to strike the United States with nuclear warheads.“I think we have to look at what North Korea’s motivation is here,” Bolton, a former ambassador to the United Nations, said Saturday during an interview with Cats Roundtable, a radio podcast. “I think they’re very worried that they’ve got a different president in the White House…They’re worried about the pressure that the president has already put on.”


The KyungHyang Shinmun (

Prosecutors to Question MB in Prison for the First Time, "We Won't Ask the Same Questions"

Former President Lee Myung-bak (77, photo) will be questioned at the detention center for the first time in three days since his arrest. Prosecutors plan to question him in prison several times during the former president's remaining time at the detention center.On March 25, the Seoul Central District Prosecutors' Office announced that prosecutors would question former President Lee in the interrogation room at the Seoul Eastern Detention Center in Munjeong-dong, Seoul at 2 p.m. on March 26. Shin Bong-su, chief prosecutor of the High-Tech Criminal Investigation Department 1, and another prosecutor with some investigators will question the former president.Chief Prosecutor Shin has been investigating the former president's criminal allegations concerning DAS, including the embezzlement of 34.8 billion won of corporate funds.

President Proposes Constitutional Amendments, But Will the National Assembly Neglect Its Responsibility?

Cheong Wa Dae announced that President Moon Jae-in would propose the constitutional amendments on March 26 as scheduled. When the amendment is approved in the cabinet meeting this morning, President Moon will send the amendment to the National Assembly through the electronic approval system from the United Arab Emirates (UAE) and approve the announcement of the president's proposal to complete the procedures involved in proposing the constitutional amendment. This will be the first proposal of a constitutional amendment in thirty years, since the Constitution was last amended in 1987. But the National Assembly, which should be at the center of discussions on constitutional amendments, continues to engage in a tense battle of nerves up until the eve of the proposal. The ruling Democratic Party of Korea claimed that the door opened for constitutional amendments with the president's proposal, but the major opposition, the Liberty Korea Party made an opposing argument, calling for the opposition parties to come together in joint action. We find it devastating to witness how irresponsible the National Assembly and the ruling and opposition parties can be.

Lee Myung-bak Arrested: Fourth Former President to Be Prosecuted

Former President Lee Myung-bak (77) was arrested on March 22 for allegedly receiving 11 billion won in bribes and embezzling 35 billion won. This day, the former president expressed his intention not to attend the hearing on his arrest warrant and was later arrested at his home and detained at a detention center when his arrest warrant was issued.Thus former President Lee has become the fourth former president to be arrested for corruption during his term in office following former presidents Roh Tae-woo, Chun Doo-hwan and Park Geun-hye. Former President Lee was arrested a year after former President Park's arrest for the abuse of state authority, and now the decade under the conservative governments of Lee Myung-bak and Park Geun-hye will go down in history disgraced, as a time of regression.


AJU Business Daily (

Summit reveals S. Korean strategy to reduce reliance on superpowers

The summit between President Moon Jae-in and his Vietnamese counterpart, Tran Dai Quang, revealed a strategy to use the Southeast Asian country as a springboard for South Korea to reduce its heavy trade and economic reliance on China and the United States.The summit on Friday in Hanoi comes amid growing concerns over a possible trade war between Washington and Beijing that could hurt exports of South Korean goods.In response to Chinese President Xi Jining's trademark "One Road and One Belt" initiative that focuses on connectivity and cooperation between Eurasian countries, Moon has unveiled his own initiative called "New South Policy" to enhance ties with Southeast Asian countries and India.For his initiative, Moon has picked Vietnam as the most important strategic partner among ten members of the Association of Southeast Asian Nations (ASEAN).

Conservative ex-president Lee Myung-bak arrested for alleged corruption

South Korea's conservative ex-president Lee Myung-bak landed in jail for alleged corruption and other illegal activities, becoming the country's fourth national leader to be imprisoned, as his disgraced successor is on trial for her role in a massive corruption scandal.Prosecutors escorted Lee out of his home into a detention center in eastern Seoul after a Seoul court issued an arrest warrant shortly before midnight Thursday. Like his jailed successor, Park Geun-hye, Lee was housed in a solitary cell.Lee, a former Seoul mayor who served as president from 2008 to early 2013, faces multiple charges including bribery, embezzlement, tax evasion, breach of trust and abuse of power.Lee, 76, has denied any wrongdoing, describing the probe as political retaliation for the death of his predecessor, Roh Moo-hyun, who threw himself off a mountain cliff in 2009 following a humiliating probe into alleged corruption involving his family.

China emerges as key topic in Samsung shareholders meeting

China was a major topic at a meeting of Samsung Electronics shareholders Friday, with top executives responding to a flurry of questions over how to head off a daunting challenge by Chinese smartphones, microchips and displays.It was Samsung's first shareholders' meeting since Vice Chairman Jay Y. Lee, the virtual head of South Korea's largest conglomerate, was released in February with a suspended jail sentence that ceased a year-long state of the leadership vacuum. Lee stayed away as part of his low-key publicity campaign. Kwon Oh-hyun, the chairman of Samsung's board of directors, took the helm and said in an opening speech: "This year the proliferation of protectionism and geopolitical risks will increase uncertainties in our business environment, and our company faces a new challenge because of a rapid paradigm shift in the IT industry."


Maeil Business News Korea (

Hankook Tire in $349 mn capex plan to expand production in Hungary

South Korea’s leading tire maker Hankook Tire Co. will expand its production capacity in Hungary for truck and bus tires to meet growing demand in the European market. Hankook Tire announced in a disclosure on Monday that its Hungarian subsidiary Hankook Tire Hungary will invest 378.2 billion won ($349 million), 6.3 percent of its consolidated equity capital, from this year to 2020 to expand the facility manufacturing truck and bus tires. The tire maker supplies to a number of European car makers including luxury cars of Mercedes-Benz, BMW and Audi. “The investment will be made with the Hungarian subsidiary’s own capital, and additional investment will be determined after discussion,” said an official from the company.

Samsung Group heir Lee on first overseas trip since jail release

Jay Y. Lee, vice chairman of Samsung Electronics Co., has resumed his public activity 45 days after his jail term was suspended with an overseas business trip to Europe in an attempt to reconstruct and solidify the South Korean tech giant’s network with its global business partners. The heir of the Samsung empire had spent nearly a year in jail on bribery charges linked to impeached former Korean president Park Guen-hye. An appeals court reduced his jail term to two and a half years with four-year probation in February. Lee’s case has been referred to the Supreme Court.

S. Korea further opens auto market to U.S. for steel tariff exemption

South Korea agreed to widen its automobile market to U.S. producers while defending the agricultural front in the partial revisit to the 2012 bilateral free trade agreement in return for winning permanent exemption from Washington’s sweeping new tariffs on steel imports. Seoul’s trade representative Kim Hyun-jong, upon returning from a month-long marathon negotiation in Washington, said Monday that the two countries have reached an agreement on amending the six-year-old trade pact and will sign a revision to the deal soon. The revised agreement comes less than three months since the talks began upon Trump’s order to fix what he called a “horrible” and “job-killing” deal. To become valid, the new deal must be approved by legislatives of the two countries.


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