May, 09 2014

The Korean daily media headlines and humor
Friday, May 9, 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:

▲ North Korea seen from the Chilseong-dae Observatory of the Hwacheong County.

The Korea Post organizes a tour for the Ambassadors and their spouses to the 3rd World Peace and Security Literature Festival in Hwacheon County of Gangwon Province (one and half hours from Seoul) on Friday June 6, 2014. It includes a visit to the Seven Star Observatory on the DMZ where the guests can look over what’s going on in North Korea north of the DMZ through large, special binoculars. For further details, please visit /news/view.html?section=161&category=181&no=534For application for DMZ entry clearance, the host would appreciate an early confirmation of acceptance of invitation. For further details on registration and reservation, please call Ms. Kim Jeong-mi (Korean) or David (English) at 2298-1740/2 or 1745/6.
Individual Invitation has already been faxed to each Excellency and we would appreciate it if the RSVP at the bottom of the invitation would be filled in and faxed back to us at the earliest convenience.
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What’s in store in the April issue of The Korea Post?

There are many interesting stories and photos, including untold stories and photos on:

Will South Korea go nuclear?

Who killed President Park Chung-Hee and Dr. Benjamin W. Lee? To what stage had President Park and Dr. Lee arrived in their development of nuclear weapons? Why did they die a sudden mysterious death in connection with their effort to make nuclear weapons?

Many wives of the ambassadors are floral artists. See their wonderful works at the Garden Club meeting.

Scroll down to the bottom for further details on the contents of the controversial stories in the April issue of The Korea Post.
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Humor from Korean economic dailies:

Seoul Kyungje

Two professors chat:
"I often experience that ideas come to my mind when I'm already in bed. Does it happen to you as well?"
"Sure, that is why I always take a pen and a blocknote to my bed."
"And I take my secretary with me to the bed."

Hankuk Kyungje

Aerobics Instructor
The woman was talking to a new acquaintance at a dinner party, and the conversation got around to unemployment.
“You know, it’s really sad,” she said. “So many people are out of work, and here I am living off the fat of the people.”
“How do you manage that?” the woman asked.
Her voice lowered to a whisper, the other woman replied, “I’m an aerobics instructor for those who are struggling to lose weight.”
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KBS (http://world.kbs.co.kr/english/news/)

S. Korea Confirms Drones Sent From N. Korea
The Defense Ministry confirmed all three small drones found near the inter-Korean border in March and April were sent from North Korea.

Parties Elect New Floor Leaders
The ruling and main opposition parties elected new floor leaders on Thursday.
The Saenuri Party selected Rep. Lee Wan-koo, as its new floor leader. Lee is a three-term lawmaker close to President Park Geun-hye.

Japanese-American Lawyers Support Comfort Women Statue in Glendale
Anchor: More Americans are opposing a lawsuit seeking to remove a statue honoring victims of Japan's wartime sex slavery in Glendale, California. An association of Japanese-American lawyers has become the latest group to join efforts to keep the statue, saying the lawsuit's plaintiffs have distorted historical facts.
Our Kim In-kyung has more.

S.Korea's Exports of Electronic Customs Clearance System Top $100Mln

'S.Korea's GDP to Decrease 0.08 Percentage Points Due to Ferry Disaster'

KOSPI Ends Higher Despite Foreign Selling

S.Korea Reaffirms Position Against Lifting NK Sanctions

Gov't to Help N.Korean Escapees Save Money

Former NSA Chief Warns of N.Korean Cyber Attacks

S.Korea Tops in Global Education System Rankings
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Yonhap (http://english.yonhapnews.co.kr)

Bad weather hampers search efforts on sunken ferry
Bad weather delayed recovery efforts on the sunken ferry Sewol on Friday, lowering hopes that weak tidal currents would help along the search for more than 30 people still missing in the deadly sinking three weeks ago.

Samsung Electronics ranks No. 3 among preferred workplaces in world: Randstad
South Korea's tech giant Samsung Electronics Co. was named as the third most preferred workplace among global job seekers, a Dutch researcher said Friday, reflecting its rising presence in the world.

Hardline female lawmaker elected floor leader of opposition party
A hardline female lawmaker was elected the floor leader of the main opposition party Thursday, becoming the first woman in the country to hold the post.

Tensions will grow without 6-party talks: pro-Pyongyang media
A failure to revive the long-stalled six-party talks on ending North Korea's nuclear weapons program would aggravate the security situation on the Korean Peninsula, a pro-N..

N. Korea in final stages of nuclear test preparations: Seoul's defense chief
South Korean Defense Minister Kim Kwan-jin said Thursday that North Korea has made all necessary preparations for its fourth nuclear test and is waiting for ..

S. Korea to set up monument in Myanmar marking deadly bombing
South Korea plans to build a monument next month dedicated to victims of the 1983 bombing in Yangon, which was a botched attempt by North Korea to assassinate the South's t..

GM Korea stops taking orders for 2014 Malibu diesel
GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., said Thursday that it stopped taking new orders for its popular Malibu diesel midsize sedan due to supply problems.
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The Korea Herald (http://www.koreaherald.com)

Seoul finds ‘smoking gun’ proving N.K. sent drones
Seoul’s Defense Ministry said Thursday that its probe team had secured the “smoking gun” confirming that the three cr...

Samsung SDS to go public this year
Samsung SDS, an information technology services affiliate of Samsung Group, announced Thursday ...

Rival parties elect new floor leaders
Rep. Park Young-sun took over as floor leader of the New Politics Alliance for Democracy Thursd...

Plan to boost KDB’s clout through restructuring worries banks
A woman walks past the Korea Development Bank headquarters in Seoul. (Bloomberg)After years of ...

Thailand’s first female leader ousted
BANGKOK (AFP) ― Ultimately undone by Thailand’s courts, Yingluck Shinawatra labored under claims she wa...

Compensate leprosy victi...
It is good news that a district court ordered the government to compensate victims of discri...

As lax as ever
The tragic sinking of the Sewol ferry has set off alarm bells over society’s safety problem...

North Korean infant mortality surges to 3.3 percent
North Korea’s infant mortality rate topped 33 deaths per 1,000 live births in 2012, a study showed Thursday, reflecting the country’s chronic food shortages and lack of widespread, adequate health c...

Film fest promotes promising projects
JEONJU, North Jeolla Province ― Aside from film screenings and talk sessions with cineastes fr...

Beauty of math in art
“GRIB 4” (Bernar Venet Studio)Mathematics and art may seem irrelevant in the world of contemp...
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The Korea Times (http://www.koreatimes.co.kr)

No surprises Hong Myung-bo left
K League Classic standouts Lee Myung-joo and Cha Du-ri off his Korean squad for the World Cup in Brazil, while Park Chu-young recovered enough from injury to make the team. Park, the little-used Watford vetera...

After Sewol, parents' hug gets a bit tighter
For many mothers and fathers, the Sewol tragedy is serving as an occasion to appreciate their children. Asked if her feelings for her child had changed since the April 16 ferry sinking, Kim Hyeong-mee, 42, a government official,...
Burying them in our hearts (3) 
The following is the final in the Our hearts are with you series regarding the Sewol ferry tragedy... 

Numbers involving Sewol still unreliable  
The Coast Guard revised the numbers of rescued and missing from the sunken ferry Sewol Thursday, a... 

'

NK sent spy drones'  
The defense ministry concluded Thursday that all three unmanned aerial vehicles (UAVs) that recent... 

Visa, MasterCard painted into corner 
Korea’s credit card firms are bolstering efforts to expand their global networks to reduce their r... 

Chief of Sewol ferry operator arrested  
A joint prosecution-police investigation team arrested Kim Han-sik, CEO of Chonghaejin Marine, the... 

NK's nuclear test a challenge to China: FM  
Foreign Minister Yun Byung-se said another North Korea nuclear test would be seen as a challenge t... 
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Dong A (http://english.donga.com)

S. Korea confirms three drones flew from N. Korea
Three small drones found crashed near the inter-Korean border in March and April were all sent from North Korea, South Korea`s defense ministry said Thursday. According to the Ministry of National Defense, a team of... 
Won reaches the highest level in almost six years
The electronic notice board shows won/dollar exchange rate at the 1,022 range Wednesday afternoon at the Korea Exchange Bank headquarters in central Seoul. The won closed at 1,022.5 per dollar, reaching the highest...
China closely chases Korea in design capability
“When I went to a business trip only several years ago, chief design officers or executives at local companies asked me for advice. Today, they want to meet American or European design experts than Korean designers....

Most world cities are highly polluted, WHO says
Air quality in most cities around the world fails to meet the guidelines of the World Health Organization for safe levels. The WHO announced on Wednesday that its study on air quality covering 1,600 cities across 91...

Gov`t to introduce ferry safety supervisors
The Ministry of Oceans and Fisheries plans to introduce ferry safety officers who would be in charge of safety on coastal ferries ? a system modeled after flight safety officers on airliners. "In consideration of the...
Korea announces 2014 World Cup squad 

Lee Yong-dae joins national badminton team to recover reputation 

U.S, Britain belatedly set out to help rescue kidnapped Nigerian girls 

Consumer sentiment slumps after ferry disaster 
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Chosun Ilbo (http://english.chosun.com)

Fears Mount for Safety of Search Divers
The accidental death of a volunteer diver at the scene of the ferry disaster off the southwest coast has focused attention on the safety of Navy, Coast Guard and civilian divers who are working around the clock to retrieve the bodies of victims. >> Full Text

N.Korean Leader Getting Fatter
North Korean leader Kim Jong-un is getting fatter, leading to rumors that he is suffering from stress and symptoms of heart disease, Free North Korea Radio reported Wednesday. The rumors say Kim has been suffering the symptoms since the execution of his uncle Jang Song-taek and has been treated for them since January. >> Full Text

Gov't to Reduce Restrictions Near DMZ
The Defense Ministry wants to narrow the civilian control line south of the demilitarized zone, it said Wednesday. After a meeting chaired by Vice Defense Minister Baek Seung-joo, a ministry official said, "We're considering adjusting the civilian control area in a way that ensures troops stationed in the area can carry out military operations." >> Full Text

Fewer N.Korean Defectors Reaching South

New York Senate Approves 'East Sea' Name

Won Rises to Highest Level Since Financial Crisis

Probe Confirms Former Prosecutor General's Love Child
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Hankyoreh (http://english.hani.co.kr)

In each other’s company, Danwon students laid to rest
Family members grieving over Sewol tragedy hope students can be together in their next lives
The 17-year-old girl, surnamed Park, was a second year student in Class 3 at Danwon High School in Ansan, Gyeonggi Province, when she lost her life in the Sewol ferry sinking last month. Next to the wooden urn holding her remains is another containing the remains of a 16-year-old boy surnamed Lim. Lim, a member of Class 4, had been a close friend of Park’s.

Young KBS journalists decry their network’s sinking
Young reporters at the KBS network put out a statement calling for a “big debate” with news bureau executives and reporters to reflect on coverage of the Sewol ferry sinking.

Except in Seoul, Sewol sinking not affecting support ahead of June 4 elections
Running contrary to most observers’ predictions that the sinking of the Sewol ferry would have a large effect on the June 4 local elections, the outcome of several recent public opinion polls have not shown significant difference with that of polls before the disaster.

One year later, sexual assault case stuck in its tracks
May 8 marks one year since former Blue House spokesperson Yoon Chang-jung sexually assaulted an intern at the South Korean embassy in Washington D.C., and there are questions about why it is taking so long for American investigators to move forward with the case.

Universities becoming ‘industry’ instead of ‘education’
“I reject a university where injustice is rampant.”
It was the afternoon of May 7, and a university student was shouting at the main gate of Chung-Ang University in Seoul’s Heukseok neighborhood. The university has undergone rapid restructuring since it was acquired by the Doosan Group in 2008. Now it has begun making “incursions” into areas that have hitherto been up to the students themselves to decide. Students who have criticized the moves have reportedly been stigmatized and repressed.

“Yellow envelopes” offer hope to dismissed Ssangyong workers
“During the layoffs in 2009, I was one of the survivors,” the man said, meaning that he had not been fired. “But I thought that I could lose my job at any time, and the same thing could happen to my son. I joined the strike to stop that kind o...

Students gathering en masse to remember their lost friends
“They’re saying that we’re being paid to carry the candles? We will never forget the Sewol.”
Overwhelmed with grief over the sinking of the Sewol ferry, high school students around Ansan, Gyeonggi Province are holding a large candlelight vigil in the hope that the deaths of the Dangwon High School students will not be in vain. High school students in the region had already been visiting memorials and attending candlelight vigils organized by civic groups,
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Joong Ang (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Won rate to squeeze export profits
Chaebol have hedging mechanisms but small companies will suffer
Major exporters like Samsung Electronics and Hyundai Motor say they can handle the seemingly unstoppable rise of the Korean won against the dollar …

Joint probe says drones came from North Korea
The government said three unmanned aerial vehicles (UAV) that crashed in South Korea were definitely sent by North Korea …

Verbal duel on nuclear test by North at the UN
South Korean Foreign Minister Yun Byung-se warned Pyongyang of “the most serious consequences” if it continues …

Samsung SDS announces IPO plans
Samsung SDS, the IT service arm of Samsung Group, yesterday announced it will go public this year. …

Basel III bonds’ success is good news for banks
Debut Basel III-compliant bond sales by Korean lenders reflect improved confidence among regulators and investors …

New challenge by Pantech, Sony
Pantech, Korea’s smallest mobile phone maker and Japanese electronics maker Sony both debuted new smartphones in Seoul …
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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/)

Frail consumption imperils Korean economy
South Korea’s private consumption and investment have further chilled following the Sewol disaster in April as economic indicators for the first quarter (Q1) came in well below forecasts.Moreover, concern is rising that the won’s drastic appreciation would deal a blow to exports. In the aftermath of the internal and external economic troubles, the Korea Development Institute (KDI) and Korea Institute of Finance (KIF) are downgrading Korea’s growth .....

Economic indicators paint mixed picture for regional..

Poll: 53% of experts predict jump in housing prices ..

2014 Seoul Money Show attendants expect..

Intellectual property rights account de..

S. Korean manufacturing faces ‘perfect..

Failure to follow manual leads to massi..
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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:

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

▲ Secretary General Ban Ki-moon of the United Nations
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▲ Former President Jimmy Carter of the United States (left) and First Lady Mrs. Carter.

▲ Founding Chairman Koo In-hoi of the LG Business Group

The late former President Deng Xiaoping of China

President Kim Il-sung of North Korea (right) and Rev. Moon Sun-myung of the Unification Church                                                                                                                                                                 of the Republic of Korea (South) embrace with each other when the latter visited Pyongyang.

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