Oct. 02, 2014
The Korean daily media headlines and humorThursday, Oct. 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-sikPublisher-ChairmanKorea Post Media-------------------------------------------
The Korea Post notices:
Finally Tomorrow is the 14th Sancheong Medicinal Herb Festival on Friday 3 October 2014. Remember we are going by Limousine Bus instead of KTX due to train-limousine exchange that takes time? So the meeting place is at Grand Hyatt Seoul instead of KTX VIP Lounge.Partly cloudy skies are forecast for the Sancheon County area on that day with a high of 26 degrees centigrade and a low of 16.The meeting time is 0810 hours, Friday 3 October 2014 at Grand Hyatt Hotel (Water Fountain) at 0810 hours Friday 3 October 2014.For the Excellencies and other senior diplomats, for whom the reservation has not yet been made the contact phones are 010-5201-1740 (English and Korean), 010-3388-1682 (Korean callers) and 010-3481-1101 (English callers).A copy of Invitation for the Excellencies and Senior Diplomats are at the end of this Headlines.-------------------------------------------
Ambassadors (or deputies) invited to 14th Sancheong Medicinal Herb Festival on Oct. 3, 2014
How to live long and in good health: Find your answer in Oriental medicine
Everyone wishes to live long and in good health. One way to attain the wish is to look for ways to realize it. The Western medicine directly attacks the diseases, say Oriental medical doctors, while, in contrast, the Oriental medicine tones up the body of man and strengthens his/her Gi (energy) and immune system against diseases. The Oriental medicine mostly comes from medicinal herbs normally found in remote mountains?although some are cultivated. In particular, rare and extremely expensive medicinal herbs such as Sansam (wild ginseng) are found in untrodden places of intractable mountain terrains and one root of it sells for tens of several millions of Won (around US$50,000) and, in some cases, Sansam is ‘priceless.’ Wild ginseng cannot be cultivated. If it were, it would not bear the same medicinal efficacy. Hence the exorbitant price.
▲Leaders of the Sangcheong County and important guests ignite a Large Herb Medicine Concoction Bowls.
The Sancheong County of Gyeongsangnam-do Province is located at the foot of the famous Jiri Mountains of Korea now preserved as National Park, which are noted for the discovery of these rare medicinal plants that grow in deep valleys and on steep slopes that do not allow human access. There are a total of over one thousand different kinds of health-promoting medical plants discovered living in the Jiri Mountains of the Sancheong County.The governments of the Sangcheong County and Gyeongsangnam-do Province started co-hosting the Sancheong Medicinal Herb Expo 14 years ago with the support of the Ministry of Agriculture, Food & Rural Affairs and various other organizations of the Central Government to introduce a wide variety of health-promoting medicinal herbs. And it is the 14th year this year which the local governments have been co-hosting the rare event. In particular, this year Mayor Heo Gi-do of the Sangcheong County and Governor Hong Jun-pyo of the Gyeongsangnam-do Province are inviting the ambassadors and other senior members of the Diplomatic Corps with their spouses to attend the Opening Ceremony of the Festival with a view to introducing the value of the rare medicinal herbs to them and their countries. And The Korea Post is organizing the Tour for the Ambassadors and senior diplomats. (Formal invitation has already been faxed to the ambassadors and a copy is attached at the end of this Headlines. In case of our transmission failure, the meeting place is the VIP Lounge on the 3rd Floor of the KTX Seoul Station and the meeting time is 0840 hours Friday 3 October 2014. Please call Chairman Lee at 010-5201-1740 for reservation or 010-3388-1682 in case of Korean callers. Regular phones are 2298-1740/2.)
▲Re-enactment of the King’s receipt of Dongeui Bogam (Joseon Dynasty’s famed Oriental Medicine Book compiled by famed Korean doctor, Heo Jun.
The hosts have a special program offering a checkup on the Gi (Energy) of distinguished guests (eg, ambassadors and spouses) and diagnosing of health-enhancing tonic. For the ladies (family members of the ambassadors and other senior diplomats), the hosts have an Oriental medical massaging program good for the skin as well as for maintaining the optimum level of body weight. They also have an Oriental health callisthenic and dance program.Another special program for the ambassadors and families is a visit to the Hyeminseo (erstwhile traditional Korean Medical Clinic) of the Joseon Dynasty operated by the noted Oriental Medicine Doctor Heo Jun (1939-1615, author of Dongeui Bogang [Principles and Practice of Eastern Medicine, or literally ‘Oriental Medicine Treasure Book’]). Hyeminseo (惠民署) means ‘Benevolence Extending Office’ which is a Joseon Dynasty state-operated medicinal clinic first established in the 14th Year of King Sejo (1466) of the Joseon Dynasty (1392-1909).
▲Sancheong Arirang (famous Korean folksong) is presented by the Choir of the Sancheong Elementary School at the opening of the Festival.
Everyone keeps some potted plants or an indoor landscaped garden in their living room, and uses chemical fertilizers. The Sancheong County Government has special plant nutrient that is many times more effective than regular fertilizers in the preservation and promotion of health of the potted plants.For further details and photos concerning the Festival, please visit: /news/view.html?smode=&skey=Herb medicine&x=11&y=11§ion=163&category=189&no=622.-------------------------------------------
The Korea Post notices:
Commercial Ministers, Counsellors, Officers:
Thank you for your warm interest in the separate English- and Korean-language Internet editions of The Korea Post. The Korean-language Internet edition is presently undergoing a massive renovation for the adequate accommodation of the increasing publicity needs of the trade/economic sections of the foreign embassies in Seoul.Both the English Korean Internet editions are allocating substantially large space to accommodate the publicity needs of the trade, investment and other economic affairs of the different countries for the promotion of cooperation in the trade, investment and other economic areas. For this purpose please email us (edt@koreapost.com or korpost@chol.com) your press releases on the following or other subjects:
1. Scheduled visit of your trade, investment or other economic delegation to Korea and full details about the delegation, including members and purpose of visit.2. Scheduled visit of other delegations from your country3. Scheduled Trade or Industrial Fairs of exhibitions in your country, to which Korean participants are welcome.4. Do you also have any major art or other cultural exhibitions in your country where you wish to invite Korean participants?5. Do you have bilateral economic commission meetings in Korea coming soon? Any plan to encourage Korean participation in such meetings? 6. If you have whatever other events or meetings coming soon where Korea’s participation is desired, please elaborate on them and email them to the above addresses.
The contact information of The Korea Post is:Tel 2298-1740/2, Fax 2298-9506010-3386-1682 Ms. Kim Jung-Mi for Korean callers010-5201-1740 Chairman Lee Kyung-sik (for English)Email address: edt@koreapost.com----------------------------------------
The Korea Post opens Korean-language Business-Economic Internet editionI am pleased to inform Your Excellency that The Korea Post is renovating its Korean-language Internet on a massive scale to contribute to the promotion of trade and economic cooperation between your esteemed country and Korea.The new Korean-language Internet edition will primarily accommodate the publicity needs of the Commercial-Economic Section of your esteemed Embassy for the Korean audience as well as the business community.In connection with this effort, we would like to secure the following information for prompt communication between the Korean-language Internet of The Korea Post and your Commercial-Economic Section:
Name of Commercial-Economic Officer(s)Email addressTelephone, fax and mobile phone numbersMailing address for regular mail such as complimentary copies of The Korea PostAny other information considered by the Embassy to be useful between the Embassy and The Korea Post.
The contract information of The Korea Post is:Tel 2298-1740/2, Fax 2298-9506010-3386-1682 Ms. Kim Jung-Mi for Korean callers010-5201-1740 Chairman Lee Kyung-sik (for English)Email address: edt@koreapost.com----------------------------------------
Here is today’s ration of humor from Korean-language business dailies of this morning:
Seoul Kyungje
Why are married women heavier than single women?Single women return home at night, see what's in the fridge and go to sleep. Married women return home, see what's in the bed and go to the fridge.
Hankuk Kyungje
InspectionWhen an American army unit’s chow hall was visited by a team of inspectors, soldiers noticed that the food was better than usual and that there were even smiles on the servers’ faces. As they were preparing to leave after eating their meal, one of them, a woman sergeant, called an inspector over. “Yes, sergeant,” the inspector said, “Do you have a question?” “Well, sir,” she replied, “We were wondering if you would like to come back more often.”-----------------------------------------------
KBS (http://world.kbs.co.kr/english/news/)
Park: Setting Foundation for Unification is Also Military's DutyPresident Park Geun-hye has called on the South Korean military to enrich the lives of North Korean people and cement a foundation for a peaceful Korean unification.
38 North: N. Korea Completes Construction Program in Sohae Launching StationA North Korea analysis Web site says the communist state has completed a major construction program that had been ongoing since late last year to upgrade the Sohae Satellite Launching Station.
S. Korea Beats Japan to Move to Finals in Mens, Women's Basketball South Korea has made it to the finals in both men's and women's basketball, beating Japan at the Incheon Asian Games.
KOSPI Falls Below 2,000
Daum Kakao Announces Official Launch
Trade Surplus Continues for 32nd Mnth in September
US, India Call for N. Korean Denuclearization
Seoul, Washington Not in Sync over THAAD Deployment
S. Korea, Japan to Hold Vice-Ministerial Strategic Dialogue Wed.----------------------------------------
Yonhap (http://english.yonhapnews.co.kr)
U.S. deputy defense secretary stands by comments on THAAD U.S. Deputy Secretary of Defense Robert Work stands by comments he made about a possible deployment of a THAAD missile defense battery to South Korea, his office said Wednesday, a day after Seoul's defense ministry refuted his remarks. 2014/10/02 06:17
N.K. completes upgrade of rocket launch pad, conducts ICBM engine test North Korea has completed the expansion of its main rocket launch site on the country's northwest coast and a new rocket launch could come before the end of the year, a U.S. think tank said Wednesday. 2014/10/02 05:31
N. Korea conducts new engine test for KN-08 ICBM: think tank North Korea is believed to have carried out yet another engine test of its new intercontinental ballistic missile, the KN-08, a U.S. think tank said Wednesday, citing recent satellite imagery. 2014/10/02 03:31Related Stories
S. Korean carmakers' sales jump 8.24 pct in SeptemberCar sales by South Korean automakers jumped in September from a year earlier, fueled by the popularity of new models and consumer demand for steady sellers, industry data showed Wednesday.2014/10/01 17:30---------------------------------------------
The Korea Herald (http://www.koreaherald.com)
‘Korea, U.S. in talks over THAAD missile defense’A senior U.S. defense official confirmed Tuesday that Washington was considering deploying an advanced missile defense s...
Assembly back in businessThe National Assembly began sailing forward Wednesday after the latest compromise between rival...
South Korea gears up to tackle weakening yenThe Korean government plans to unveil a set of measures, including tax and financial support to...
Busan festival to feature 314 filmsThe 19th edition of the Busan International Film Festival will roll out the red carpet for a sl...
Daum Kakao eyes growth as platform providerDaum Communications and Kakao Corp. have joined forces and are looking ahead to an era in which everythin...
Economic shot in the armIn yet another measure aimed at accelerating economic recovery, the government will delay ta...
Assembly gets to workThe National Assembly finally returned to work after 151 days of not deliberating or passing... WWF calls for ‘greener’ Korean economyWith its persistent overconsumption and energy-intensive industry, Korea should step up efforts...
Montblanc inspires future generations of patronsOffering patrons a stage to show how supporting arts and culture can make a better world is a s...----------------------------------
The Korea Times (http://www.koreatimes.co.kr)
Incheon Asian Games: Were they worth it? In a special podcast, host Steve Miller is joined by Korea Times reporters Kim Tae-jong and Kwon Ji-youn to take a closer look at the 2014 Incheon Asian Games.
S-N tension spills into Asian Games The participation of North Korean athletes in the Asian Games here is apparently reflecting the current high level of inter-Korean tension.
Gangnam aims to double visitors to 10 mil. by 2018 Gangnam District in southern Seoul is aiming to attract 10 million foreign visitors by 2018 by tak...
Korea, Japan hold vice minister-level dialogue Korea and Japan held a vice minister-level strategic meeting in Tokyo amid frayed bilateral relations over the “comfort women” issue, the foreign ministry sai...
S. Korean women rout Japanese to snatch handball gold The South Korean women’s handball team won gold after routing Japan 29-19, Wednesday, at the Inche...
Controversy taints home team victories Indian boxer Sarita Devi stood on the podium during the medal ceremony at the Seonhak Gy...
Korean dominance in taekwondo slips South Korean taekwondo athletes have failed to deliver at international events, including those on...
Track and field medals remain elusive South Korea has shown again at the ongoing Incheon Asian Games that they are not competi...
S. Korea wins 10 gold medals in one day South Korea bagged 10 gold medals at the Incheon Asian Games, Tuesday, the country’s biggest one-d...-----------------------------------
Dong A (http://english.donga.com)
Damage from Japan`s volcanic eruption worst since WW II Japanese media reported on Wednesday that a rescue operation on its fourth day since the volcanic eruption of Mount Ontake in Japan resulted in the discovery of 12 additional hikers whose heartbeat had stopped. The... N. Korean synchronized swimming team performs North Korean synchronized swimmers float fellow players above water Monday at the Incheon Asian Games women`s team freestyle match held at the Munhak Park Tae-hwan Aquatics Center. Six players under water are supporting... KOSPI falls below 2,000 amid strong-dollar, weak-yen move The Korea Composite Stock Price Index (KOSPI), Korea’s benchmark index, fell below 2,000 in two and a half months due to the strong dollar and the weak yen against the Korean won. The KOSPI plummeted 28.44 points (1.41...
`Begin Again` tops 3 mln Korean viewers in 50 days The film by director John Carney "Begin Again" has drawn over 3 million viewers in Korea in just 50 days after the release. According to Korean Film Council, the movie drew a cumulative 3,000,751 viewers as of... Choreographer confident for Son Yeon-jae`s winning gold medal
North Korea poised to join top 10 in Incheon Asiad
Korea`s new football coach Uli Stielike names his first players----------------------------------------------
Chosun Ilbo (http://english.chosun.com)
Cheap Chinese Phone Challenges Samsung High-End ProductChinese startup OnePlus rolled out a smartphone called OnePlus One in May this year which costs just W350,000, less than half of the W890,000 for a Samsung Galaxy S5. Yet the OnePlus One broadly matches the specs of the Galaxy S5 and HTC One. >> Full Text
2 Koreas to Face Off in Men's Football FinalThe men's football final in the 2014 Asian Games in Incheon will be a showdown between the two Koreas. South Korea beat Thailand 2-0 in the semifinal on Tuesday thanks to goals by Lee Jong-ho and Jang Hyun-soo. South Korea has not surrendered a single goal in six matches. >> Full Text
Overlooked U.S. Comedy a Surprise Hit in Korea"Begin Again" has become the most commercially successful independent film of all time in Korea. The film, which stars Keira Knightley, attracted 39,805 viewers on Monday alone, bringing the total to 2.94 million. >> Full Text'
Kim Jong-nam Surfaces in Paris
A Bumper Year for Overseas Construction Orders
Asiad Organizers Bring in Arabic, Russian Interpreters-------------------------------------------
Hankyoreh (http://english.hani.co.kr)
After long negotiations, compromised special Sewol Law likely to be passedVictims’ families still dissatisfied with compromise, arguing for greater role in selection of special prosecutorThe main issue of the special Sewol Law that the Saenuri Party (NFP) and the New Politics Alliance for Democracy (NPAD) agreed to on Sept. 30 is that all of the candidates for the special prosecutor who will investigate the Sewol tragedy and prosecute those responsible for it will be people that both parties have agreed to, and that the president will make the final appointment from the list of candidates.
Gangwon Province residents saying no to nuclear power in their scenic backyardGangwon Province is uniting in opposition to nuclear power plant construction.The campaign has expanded from the city of Samcheok, the designated site of a new nuclear power facility, to include 18 city and county councils in the province, the governor, and various civic groups. Particularly noteworthy is the widespread opposition to the central government‘s nuclear power expansion plans, not just from residents and political parties but from local government heads and council members.
Study calls for surcharge to support residents near nuclear power plantsA recent study is drawing attention with calls for a new system requiring residents of areas far away from nuclear power plants to pay an additional usage fee beyond their utility costs in order to provide for safety measures for people living in the power plant regions.
Libraries stocking book in subway stations and on smartphonesLibraries are seeking new ways to move beyond the shelves and stock books in subway stations and on smartphones.Gwanak District Office in Seoul is operating a U-Library in a subway station at which visitors can check out and return books. Beginning with Seoul National University Station on line 2 in 2011,
Study: little connection between marital status and buying sexMarital status made no difference in the practices of habitual “johns” with histories of more than ten visits to sex workers, a survey shows. Analysts said the findings undermine the argument that sex work should be legalized to provide an “outlet” for the sexual urges of unpartnered men.-----------------------------------------------
Joong Ang (conservative): (http://koreajoongangdaily.joinsmsn.com/)
Won, Kospi damaged by weakening yen‘As the low inflation period is expected to continue, the central bank should take preemptive action.’Stark differences in monetary policy directions of major economies caused Korea’s currency to sharply depreciate and its securities market to tumble yesterday, a sign that the country’s economic recovery is not going smoothly.The country’s main bourse Kospi plunged below the 2,000 mark … .
North’s message to China ho-humNorth Korean leader Kim Jong-un sent a congratulatory message to Chinese President Xi Jinping to mark the 65th anniversary of the founding of the People’s Republic of China,…
High ambitions for the Daum, Kakao marriageKorean Internet titans Daum and Kakao formally merged yesterday in hopes of creating a mobile lifestyle…
Relatives disgruntled with Sewol bill agreementAfter the two main political parties reached a compromise Tuesday night on the special bill for investigating the sinking of the Sewol, which ended nearly five months of paralysis…
Altering Constitution urged by repsThe 150-day legislative paralysis ended Tuesday with an agreement by the ruling party and opposition on a special law to investigate the Sewol sinking,…
U.S. envoy introduces reshuffled policy teamThe Barack Obama administration’s newly reorganized North Korea policy team is transitioning seamlessly in Washington, according to Glyn Davies,…
Korea and U.S. stances on Thaad still don’t jibeThe United States is talking with Korea on the possible deployment of an antiballistic missile defense system to counter North Korean threats, a top U.S. defense policymaker said…---------------------------------
Edaily (http://eng.edaily.co.kr/Stock/)
[Table] Today’s Stock Market BriefThis 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 upKOSPI & 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 ASIAThis 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 upKOSPI & KOSDAQ Index KOSPI slightly up 0.62%(11.89p) to 1,931.41p at 14:01. KOSDAQ slightly up 0....
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[Midday]KOPSI 1,931.82p( 12.30p) slightly up, KOSDAQ 545.52p( 3.73p) slightly upKOSPI & KOSDAQ Index KOSPI slightly up 0.64%(12.30p) to 1,931.82p at 13:01. KOSDAQ slightly up 0.... ----------------------------------------------
Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
Banks poised to pursue relationship banking with SMBs Retail banks such as Shinhan Bank, Woori Bank and Hana Bank will sign relationship banking agreements with small and mid-sized businesses (SMBs) and make an equity investment as early as this month. Banks will provide diverse forms of assistance to the companies such as giving three-year or longer loans at more advantageous rates and offering financial management consulting.Banks have recently developed a ‘guideline on relationship banking for shared.....10.01.2014
‘Choinomics’ losing steam, industrial output in Au..
Gov’t sits idle on weakening yen
Samsung devises emergency strategies fo..
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Invitation to 14th Sancheong Medicinal Herb Festival
(For longevity, good health through strong immunity)
Man wishes to live long--and in good health. Western medicine directly attacks diseases. In contrast, Oriental medicine tones up the human body, mind, Gi (energy) and immunity against all kinds of diseases. It is important to cure diseases but is is far more important to keep the body strong enough to stay away from diseases.Against this backdrop, Mayor Heo Gi-do of the Sancheong County of Gyeongsangnam-do, cordially invites Your Excellency and Madam to the 14th Sancheong Medicinal Herb Festival on Friday 3 October 2014. It is a very rare event and I hope that Your Excellency and Madam can make it. If Your Excellency has another appoint, Madam could excellently represent your country and Your Excellency. Details follow:
Name of Festival: 14th Sancheong Medicinal Herb Festival Venue: Sancheong County, Gyeongsangnam-do Time/Date: 0850-2040 hours, Friday 3 October 2014 Special note: Have rare experience in exercising Gi, visit Medicinal Herb Theme Park with Pilgrimage Route of Joseon Dynasty Doctor Heo Jun, experience foot bath and visit Guheong Royal Tomb. Schedule:
Schedule follows0810 hours, Friday 3 October 2014: Meet at Grand Hyatt Hotel (Water Fountain) at 0810 hours Friday 3 October 2014.0830-1140 hours: Move from Seoul to the Sancheong County of Gyeongsangnam-do.1200-1300 hours: Attend welcome ceremony and international buffet luncheon hosted by Mayor and Mrs. Heo.1330-1520 hours: Have rare experience in exercising Gi (Oriental energy), visit Medicinal Herb Theme Park with Pilgrimage Route of Joseon Dynasty Doctor Heo Jun, experience foot bath and visit Guheong Royal Tomb.1530-1730 hours: Tour various interesting sites of the Medicine Herb Festival, including Jeonggangdeul Medicinal Herb Farm, Dongeui Bogam (Eastern Medicine Book) Museum, Hyeminseo (Joseon Dynasty Hospital), Sancheong Oriental Medicine Clinic, and various other traditional Korean folk events related with Oriental medicine.1730-2040 hours: Move by Limousine bus from Sancheong back to Seoul (Grand Hyatt)A slight change could occur to the schedule depending on the traffic situation of the day.)
/s/
Very Respectfully YoursLee Kyung-sikPublisher-Chairman