May 02, 2014

The Korean daily media headlines and humor

Friday, May 02, 2014

Here are The Korea Post news, notice, humor from Korean-language economic dailies and a roundup of important headlines from all major Korean-language dailies, TV and other news media this morning:

/s/

Lee Kyung-sik
Publisher-Chairman
Korea Post Media
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The Korea Post News:
   Highlight topics in the April issue of The Korea Post

- Will South Korea go nuclear?
- 2017 Presidential Hopeful Chung Mong-joon forefront in demanding S. Korea’s nuclear armament.
- Polls show 64% of South Koreans wanting independent nuclear armament while 28% say no.
- With whom will China take sides between North Korea and NE Asian US allies in the face of imminent 4th N. Korean nuclear test?
- Pres. Park Chung-hee almost finished nuclear weapons in 1979, but he was killed. Who was behind the assassin widely suspected as henchman?
- How correct is the book, “Mugungwa Flowers Have Now Come Out,” concerning the collaboration between President Park Chung-Hee and noted Korean-born nuclear physicist, Dr. Benjamin W. Lee, and the real cause of their mysterious deaths?
- “South Korea can persuade the US, allies to acquiesce at its development of nuclear weapons as it’s for self-defense and survival from N. Korea nuke attack.”
- Wives of ambassadors show off their outstanding live flower arrangement works at Seoul Garden Club exhibition.
- Ambassadors, spouses attend Wangin Culture Festival of Baekje Dynasty (BC18-AD660) in Yeongam County, Jeollanam-do Province.
- Ambassadors, spouses join Dangjin Tug-of-War Culture Festival, visit Hyundai Steel and Catholic martyr Sacred Land.
- National Day, Armed Forces Day, wine-tasting, tourism promotion and various other functions hosted by Poland, Slovakia, Oman, Myanmar, Senegal and Bulgaria.
- President Park Geun-hye has a summit meeting with President Obama of the United States in Seoul for increased ROK-US cooperation.
- Korea and Australia are set to increase bilateral cooperation in trade and security areas.
- President Park: Korea plans to build a ‘Korea Street’ in Dresden in Germany.
- President Park visits the Netherlands and Germany
- President Park discloses plans for peaceful unification of the Korean peninsula.
- “The Demilitarized Zone will become the symbol of peace in Korea and the world: President Park.
- KEPCO dedicates 433MW gas-burning power plant in Mexico.
- SK Hynix develops world’s first highest-density module.
- Korea Agro-fisheries & Food Trade Corps set to increase export.
- Do you wish to have windmill power plants in your country? Why not cooperate with Korea Wind Energy Industry Association for technology and investment?
- Ambassador Krzysztov Majka of Poland receives an honorary doctorate from Keimyung University in Daegu.
- Gwangyang Port is equipped with such optimal environment for logistics business for domestic and international business organizations.
- Azerbaijan: Armenia invades Kalbajar of Azerbaijan, kills 511, captures 321, and displaces 58,000 persons.
- Simone Hearts of Vision Chamber Orchestra presents performance.
- Traveltalk: BBQ Happy Hour at the Oak Room Garden at Millennium Seoul Hilton?
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For subscription to the April 2014 issue of The Korea Post on Nuclear Armament of the Republic of Korea, please deposit US$12.00 (or KWN12,000) per copy in Kookmin Bank (KB), Account Number 095-01-0172-594, Account Holder: The Korea Post.
Also save US$24.00 (KWN24,000) by annual subscription which discounts the price to US$120.00 (KWN120,000) from the original price of US$144.00 (KWN144,000).
The regular subscribers who have already paid the subscription, need not apply for subscription until the expiry date.
Inquiries: Tel 02-2298-1740/2, 1745/6; Fax 02-2298-9506; Email edt@koreapost.com or korpost@chol.com.
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The Korea Post Notices:

The Ansan International Street Festival on May 3, 2014, to which we have invited the Excellencies and Madans, has been cancelled due to the sinking of the Sewol-Ho Ferry Ship. This is because most 300 students of the Ansan Danwon Highschool were on board of the ill-fated Ship and many of them have become the victims. We pray for the safe rescue of the missing students as well as our deepest condolences for the victims.
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We have stories and photos on the following events:
Yeongam Wangjin Culture Festival: /news/view.html?section=161&category=181&no=504Dangjin Tug-of-War Festival in English: /news/view.html?section=165&category=192&no=503Dangjin Tug-of-War Festival in Korean: http://koreapost.co.kr/bbs/board.php?bo_table=Korea_tour&wr_id=57Live Flower Arrangement Exhibition: /news/view.html?section=162&category=182&no=497----------

Is your National Day coming up soon? Or is the Head of State of your country visiting Korea soon?
You may have the portrait painting of your Head of State painted by a famed Korean portrait artist who has painted the portraits of President George W. Bush, President Lee Myung-bak at Cheong Wa Dae, President Park Chung-Hee, the then First Lady Park Geun-hye and various other most important persons of Korea and the world.
Please visit the following sites of The Korea Post Internet for sample paintings.
Please directly call Chairman Lee of The Korea Post at 010-5201-1740 for immediate contact with the artists.
For more photos, please visit:
http://koreapost.koreafree.co.kr/board/index.html?id=artgallery&no=3http://koreapost.koreafree.co.kr/board/index.html?id=artgallery&no=11http://koreapost.koreafree.co.kr/board/index.html?id=artgallery&no=1

▲ Above photo shows President Park Chung Hee (right) speaking with President Gerald R. Ford of the United
States at the Presidential Office of Cheong wa Dae in Seoul. President Ford visited Korea in November 1974.
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Humor from Korean economic dailies:

Seoul Kyungje

A bear, a lion and a chicken are talking about who is the hardest.
The bear says, "When I roar, the whole forest trembles."
The lion says, "When I roar, the whole jungle shakes with fear."
The chicken says, "All I have to do is cough and the whole world shits itself!!"

Hankuk Kyungje

Impetuous Reporters

A sedate English literary man was interviewed by the reporters on his arrival in New York.
Before leaving London he was warned that the impetuous American reporters would probably try to make a fool of him.
“Are you going to visit any night clubs during your stay here?” was the first question asked.
“Are there any night clubs here?” parried the literary man.
The next day he opened his morning paper. It said the visiting literary man was so curious about New York’s night life that his first question: “Are there any night clubs in New York?”
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KBS (http://world.kbs.co.kr/english/news/)

Park Orders Gov't to Put Budget Priority on Safety Measures
President Park Geun-hye has ordered the government to put the highest priority on enhancing safety measures in allocating budgets and human resources.

Chinese Tourists Expected to Revive Retail, Tourism SectorsAn influx of tourists from China are expected to visit Korea to enjoy the Chinese Labor Day break from May 1st to the 3rd. Competition is fierce among retailers to open the wallets of big spending Chinese tourists. The tourism industry hopes the neighboring country's holidays will give it a much needed boost in the wake of the tragic sinking of the Sewol ferry. Our Park Jong-hong reports.

Sewol Death Toll Hits 219, Search ContinuesSearch efforts are continuing for the 16th day for the missing passengers of the sunken Sewol ferry.
As of Thursday afternoon, the death toll stands at 219 and 83 remain unaccounted for as one more body was retrieved from the capsized ferry early in the day.

S. Korea's Consumer Prices Grow 1.5% in April

S. Korea's Exports Rise to Second Highest in April

N. Korea Criticizes S. Korea over Returned Cultural Assets

N. Korea, Russia Agree to Use Rubles in Settling Trade Transactions

N. Korea Vows to Continuously Boost Nuclear Deterrence

UNHRC to Review N.Korea’s Human Rights Conditions

2nd Comfort Women Statue in US to be built in Detroit in August

UN Chief Visits Altar in New York for Sewol Victims-----------------------------------------

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

Death toll rises to 213 from sunken S. Korean ferry
Divers ripped open one cabin door after another Thursday to search for more than 80 people missing in the sinking of a ferry 16 days ago, officials said, as prosecutors continued their probe to find out the cause of one of South Korea's worst maritime disasters.

Mark Lippert to be named new U.S. ambassador to SeoulU.S. President Barack Obama has chosen Mark Lippert, one of his closest aides, to be Washington's next ambassador to Seoul, multiple diplomatic sources here said Thursday.

Related StoriesLippert's role in trilateral security cooperation to be spotlighted

Park orders thorough review of safety budgetPresident Park Geun-hye said Thursday the government should put the highest budget priority on enhancing safety measures, underlining her commitment to make South Korea a safer place to live, after the deadly sinking of the ferry Sewol.

S. Korea calls for Japan's sincere apology over wartime atrocitiesSouth Korea called on Japan Thursday to offer a heartfelt apology over its past wartime atrocities as their badly frayed relations show no sign of improvement.

Lippert's role in trilateral security cooperation to be spotlighted
President Barack Obama's pick of a senior Pentagon official as his new envoy to Seoul is viewed as aimed at strengthening the Seoul-Washington alliance ..

Telecom ministry to allocate 2.5GHz spectrum in second halfThe telecom ministry said Thursday it plans to put up for auction the sole right to use the spectrum band of 2.5GHz, used for long-term evolution time-div..

N. Korea increases car, liquor imports from Hong Kong in 2013: reportNorth Korea increased imports of vehicles and alcoholic beverages from Hong Kong in 2013, despite an overall drop in bilateral trade, a South Korean report showed Thurs..
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The Korea Herald (http://www.koreaherald.com)

Sewol families’ anger directed at Blue HousePresident Park Geun-hye’s latest attempt to soften her public image has backfired, as questions were raised over whethe...

Probe into ferry Sewol finds cargo mishandledThe sunken ferry Sewol lacked features for holding cargo in place, investigators said Thursday....

Attention seekers invent stories after ferry disasterSouth Koreans’ frustration with narcissistic attention seekers has hit a fresh high after a fl...

Global deals a bitter pill for Korean drugmakersKorean drug makers, the bulk of them producers of generic drugs, may lose their footing in the ...

Citibank Korea union may strikeThe labor-management dispute at Citibank Korea appears to be deepening.The union has now voted for a stri...

Boosting reading cultureKoreans now seem simply too familiar with the criticism that they read too little. But a set...

Civil service reformDuring a Cabinet meeting Tuesday, President Park Geun-hye expressed deep regret over the fai...

MERS virus spreadingSaudi health authorities announced Wednesday two new deaths from the MERS coronavirus in the kingdom, where 16 more infections were also detected.The two new MERS deaths in Saudi bring the toll to 107...

KDB, Korea Finance Corp. merger faces U.S. protest: unionPlans for merging the state-run Korea Development Bank with the Korea Finance Corp. has recentl...

The world in ceramic jarsArtist Ko Young-hoon is a critically acclaimed pioneer of hyperrealism in Korea who has blazed ...
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The Korea Times (http://www.koreatimes.co.kr)

Coast Guard faces unsavory claims
The Coast Guard is facing one new allegation after another. It drew fire for its poor initial response to the sinking of the ferry Sewol, which was seen as contributing to the large number of casualties. Now it is being confront...

Japan's Abe denies German path
Japanese Prime Minister Shinzo Abe’s flawed perception of history has stretched to Germany, as he refused to follow in the European country’s footsteps in dealing with its wartime past. Thus, historical conflict between Korea, C...
Semo Group affiliates raided  
Investigators raided ten offices and houses linked to businesses of former Semo Group Chairman Yoo... 

Gov't puts priority on safety spending  
President Park Geun-hye said Thursday that her government will prioritize allocating more of the n... 

IOC shelves Moon's plagiarism case 
The International Olympic Committee (IOC) admitted that its investigation into Moon Dae-sung, 37, ... 

Koreans in US mourn Sewol victims 
NEW YORK - Korean expatriates from Los Angeles to New York have created temporary memorials in maj... 

Sewol to cast long shadow on economy  
The Sewol tragedy will have a longer and larger negative impact on the domestic economy than previ... 

President's photo with old lady stirs dispute  
A photo of an elderly woman seemingly consoling President Park Geun-hye at an official memorial al... 
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Dong A (http://english.donga.com)

Poll shows high public dissatisfaction with party politics
In a symbolic case indicating South Koreans` public distrust of politicians, condolence flowers sent by President Park Geun-hye, high-ranking government officials and politicians to the official mourning altar for the... 
Pres. Park consoles bereaved families
President Park Geun-hye offers words of condolences while visiting the official mourning center for victims of the Sewol ferry accident, which has been installed at Hwarang Park in Ansan, Gyeonggi Province on Tuesday....
President says safety should be priority in budget allocation
President Park Geun-hye ordered on Thursday to “allocate a budget for changing the national safety framework and provide financial and human support by priority.” Through the comment, the president makes it clear that...
Hillary Clinton leads Jeb Bush in a hypothetical matchup 

A mom’s heartbreaking diary after the Sewol accident 

Two young Korean golfers grab PGA and LPGA titles 

Amid rain, portraits move to a new memorial site 

Assisted by sister, Noh Seung-yul charms PGA 

Brazilian media introduces unique demands by countries for World Cup 

Pitcher Ryu to seek 4th win anew at game against Colorado-----------------------------------------------

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

How Long Will Sewol Search Efforts Continue?Search efforts continued on the sunken ferry Sewol on Wednesday focusing on 65 of the 111 cabins that are the most likely to contain passengers. Some 44 of the 65 cabins have been searched so far since the tragic accident off the southwest coast. >> Full Text

Survivors Pay Their Respects to Ferry Disaster VictimsAround 70 of the 74 students from Danwon High School, who survived the tragic ferry accident off the southwest coast on April 16 paid their last respects to their schoolmates at an official memorial altar for the victims in Ansan on Wednesday. >> Full Text

China to Overtake U.S. as World's Top Economy This YearChina is expected to overtake the U.S. to become the world's largest economy this year, the Financial Times said on Wednesday citing the World Bank's International Comparison Program. The report forecast the Chinese economy will grow to US$16.73 trillion, surpassing the $16.65 trillion of the U.S. >> Full Text

Abe Says Japan Can't Emulate Germany Over Wartime Guilt

Kim Jong-un's Aunt Reappears on TV

Samsung, LG Phones See Below-Average Growth in Q1

LG to Launch New Flagship Smartphone This Month

Park Ji-sung to Host Charity Match for Ferry Victims

Lee Young-ae Remembers Victims During Hanbok Show with Cartier
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Hankyoreh (http://english.hani.co.kr)

Surviving Danwon students hope for one last chance to see their friends
After going through arduous ferry tragedy, students will take part in psychological healing process
“Hey, guys . . . we just wanted to see you once last time.”
 It was the last day of an April that was crueler than most. The sky was painfully, almost offensively blue. Beaming faces stared out from the funeral portraits, blissfully unaware of the sobbing of their friends. They were the faces of young lives cut brutally short, before they ever had the chance to blossom.

April passes with no North Korean nuclear test
April passed without the fourth North Korean nuclear test that the South Korean Ministry of National Defense and other security and intelligence agencies had been predicting.
But signs still point to tensions drawing out into the long term, with North Korea seemingly holding off on the issue of nuclear testing. While the likelihood of an imminent test has decreased, the North is unlikely to give up the test option for good.

Pres. Park receives rough response at memorial to Sewol victims
President Park Geun-hye delivered condolences for the victims of the Sewol ferry sinking, but not an apology. Angry family members of the missing passengers screamed and pounded their chests, and the commemorative flowers sent by the President were discarded once she left the site.

What we really need is a “remodeling of the President”
Fourteen days after the sinking of the Sewol ferry, President Park Geun-hye has come out with a public apology and a list of actions to take, including creating a new “national safety agency” to coordinate rescue operations in cases of major disaster. But the format and content hardly seem to warrant the name “apology.” As expected, Park opted to apologize indirectly, at a Cabinet meeting, rather than facing the public directly. There has been talk in the Blue House about her considering a formal apology to the public once the recovery is finished, but even that is beyond comprehension.

Government stopping citizens from setting up Sewol memorials
In defiance of government orders to erect only one altar to the victims of the Sewol disaster in each municipal or provincial office, civic groups are taking action to build memorials outside, in areas frequented by many people.

Broadcasters paint rosy picture of Pres. Park’s condolences
President Park Geun-hye faced harsh complaints from the families of the victims in the Sewol disaster when she visited the government memorial for the victims in Ansan, Gyeonggi Province, on Apr. 29, and the three main broadcasters are under fire for fail...
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Joong Ang (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Navy’s divers grounded day after ferry accident
Defense Ministry says Coast Guard led search
On the morning after the capsizing of the Sewol ferry, the Coast Guard prevented elite Navy divers from searching for survivors for 15 hours. …

Safety spending will be boosted
The government will boost its public safety budget to try to prevent another tragedy like the sinking of the Sewol. …

Doomed Sewol carried three times its cargo limit
A team investigating the cause of the capsizing of the 6,825-ton ferry Sewol said that the doomed ferry carried cargo over three times …

Reshuffle reinforces Samsung
Senior executives at the Corporate Strategy Office of Samsung Group have been sent en masse to Samsung Electronics …

KT shows biggest profit drop of top three carriers
KT, the nation’s second-largest mobile carrier, announced yesterday its operating profit plunged 58.6 percent in the first quarter …

Finance minister, banks pull out of ADB meeting
The ongoing national mourning over the Sewol tragedy is affecting Korea’s participation in international events. …

Hyundai Group selling LNG business to pay debt
Hyundai Group, the nation’s 21st largest conglomerate, which is suffering a liquidity crunch, is preparing to pay back debt …
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Edaily (http://eng.edaily.co.kr/Stock/)

[Table] Today’s Stock Market Brief
This is a stock market brief of Today. [table] Total stock market id="" width="570...

[Closed]KOSPI 1,934.94p( 15.42p) slightly up, KOSDAQ 546.83p( 5.04p) slightly up
KOSPI & KOSDAQ Index Closed KOSPI closed slightly up 15.42p( 0.80%) at 1,934.94p from yesterday. KOS...

[Table]Currently Index of Major Country in ASIA
This is Index of Major Country in ASIA. [table] Index of Major Country in ASIA ...

[Midday]KOPSI 1,931.41p( 11.89p) slightly up, KOSDAQ 546.56p( 4.77p) slightly up
KOSPI & KOSDAQ Index KOSPI slightly up 0.62%(11.89p) to 1,931.41p at 14:01. KOSDAQ slightly up 0....

[Table]Currently Index of Major Country in ASIA
This is Index of Major Country in ASIA. [table] Index of Major Country in ASIA ...
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Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)

S. Korean manufacturing faces ‘perfect storm’
The competitiveness of the South Korean manufacturing sector, a backbone industry of the country’s economy, is being threatened by a ‘perfect storm.’ The Europe and US are widening the gap with Korea by combining the strong capacity for producing hardware with software and service. Meanwhile, China’s manufacturing industry has boosted its innovation capacity and is about to snap at Korea’s heels. A prime example is Chinese IT company Xiaomi Tech,.....05.01.2014

Failure to follow manual leads to massive loss of li..

Park apologizes to public over Sewol ferry disaster

Seoul’s IT growth engine Seoul Digital..

S. Korean PM resigns over ferry disaste..

Obama visits Seoul for summit talks on ..

S. Korea lacks unified communication sy..

Banks’ personnel, branch growth bucks ..
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The Korea Post notice:

Here are more portrait paintings by Artists Chung Hyung-Mo and Kim Dong-Hyun:

▲ Prime Minister Winston Churchill of the United Kingdom

▲ Founder Chairman Lee Byung-chul of the Samsung Business Group

Artist Kim Dong-Hyun (right) poses with Cartoonist Ranan Raymond Lurie of The New York Times.

Secretary General Ban Ki-moon of the United Nations

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