Oct. 06, 2014
The Korean daily media headlines and humorMonday, Oct. 06, 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 news:
From left: Charge d’Affaires and Mrs. Jason Manuel Castro Olivares of El Salvador, Ambassador and Mrs. Manuel Lopez Trigo of Costa Rica, Xinhua News Agency Sports News Director Xu Jiren, Publisher-Chairman Lee Kyung-sik of The Korea Post, Mrs. Hakcal, Ambassador Hakan Okcal of Turkey, Co-Chairman Kim Sung-hoon of the Gwangju World Kimchi Festival, Ambassador Legnany of Uguguay, Mayor and Mrs. Yoon Jang-Hyun, Mrs. Zofia Majka (wife of the Polish ambassador), President Mrs. Kim Bok-ryeo of the Institute of Royal Cusine of Korea, Mayor Park Won-soon of Seoul City, a Guwangju City official, Mrs. Pinilla, Ambassador Tito Saul Pinilla Pinilla of Colombia, daughter of Ambassador and Mrs. Pinilla and Chinese Consul General Zhang Xiamomei for Gwangju.At 21st Gwangju World Kimchi Culture FestivalSeoul Mayor Park helps globalize Kimchi in impeccable English Mayor Park Won-soon of the Seoul Special City extended a helping hand in globally promoting Korean Kimchi explaining in an impeccable English the health-promoting ingredients of Kimchi to the ambassadors and their spouses at the 21st annual Gwangju World Kimchi Culture Festival in Gwangju Metropolitan City on Oct. 4, 2014. The Korea Post organized the tour for the ambassadors and spouses to Gwangju to attend the opening ceremony of the Festival and visit to the 2014 Gwangju Art Biennale.Speaking to the ambassadors at a luncheon hosted by Mayor Yoon Jang-hyun of Gwangju Metropolitan City in Gwangju, Mayor Park said that Gwangju was a ‘City of Taste, Art and Democracy’ and disclosed that Mayor Yoon Jang-Hyun of Gwangju City and he were good friends working together as social civic activists in the past. Presently Mayor Park is the front-runner at most of the opinion polls on the next Presidential hopefuls. (For further details, please visit /news/view.html?section=161&category=181&no=671.)-------------------------------------------
The Korea Post notices:
Invitation to the Nostalgic 70-80s Gwangju Chungjang Town FestivalThere is only one day left to the above Festival on Wednesday 8 October 2014. Whoever has missed the chance of application for attendance at the above Festival, please read the summary below and full details of Invitation at the end of this Headlines.
Venue: Chungjang town, Gwangju Metropolitan City, Travel by AirlinesTime/Date: 1300-2030 hours, Wednesday 8 October 2014Events: Attend Opening of Theme Street of the nostalgic 1970s-80s, tour Asian Culture Center, Chungjang Festival Dinner, Opening ceremony of the Chungjang Culture Festival: Tour various interesting sights of the 1970s and 80s at the Chungjang Street in Gwangju Metropolitan City.I am pleased to inform Your Excellency that Mayor Roh Hee-yong of the Dong-gu Town of the Gwangju Metropolitan City, cordially invites Your Excellency and Madam to the 11th 7080 Gwnangju Chungjang Recollection Festival on Wednesday 8 October 2014. Further details are at the end of this Headlines.(For further details, please visit /news/view.html?smode=&skey=7080&x=0&y=0§ion=161&category=181&no=659)-------------------------------------------
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
A travelling salesman was passing through a small town when he saw a little old man sitting in a rocking chair on the stoop of his house. The little old man looked so contented that the salesman couldn't resist talking to him. "What is your formula for a long and happy life?" the salesman told him."I smoke six packs of cigarettes a day, I drink a quart of bourbon every four hours and six cases of beer a week.I never wash and I go out every night," the little old man replied. "My goodness," exclaimed the salesman, "that's just great! How old are you?" "Twenty-five."
Hankuk Kyungje
KnowhowWhen a business man found that his office safe had jammed, he called the nearby prison and asked whether any of the inmates might know how to open it. Soon, a convict and a prison guard showed up at the office. The inmate spun the dials, listened intently and calmly opened the safe door. “I’m much obliged,” said the business man. “How much do you figure I owe you?” “Well,” said the prisoner, “the last time I opened a safe, I got $35,000.”-----------------------------------------------
KBS (http://world.kbs.co.kr/english/news/)
US Officials came to Seoul on the heels of a delegation from PyeongyangTwo senior United States officials arrived in Seoul on Sunday afternoon for talks concerning the bilateral alliance and other issues.
Saenuri Chief: May 24th Sanctions Must Not be Scrapped UnconditionallyThe head of the ruling Saenuri Party has stressed that the so-called May 24 sanctions against North Korea should not be suspended or scrapped unconditionally.
Experts Say Tokyo Should Intervene in US Military's Usage of Bases in Japan Japanese experts claim that the Japanese government’s intervention is necessary when the U.S. military uses its bases in Japan in the event of an emergency on the Korean Peninsula.
S. Korea to Give Incentives to Firms that Invest in Facilities Amid Weak Yen
KOSPI Drops for 6th Straight Session on Foreign Selling
Won Appreciates 2nd Fastest of 13 Major Currencies over Past 2 Weeks
Experts Say Tokyo Should Intervene in US Military's Usage of Bases in Japan
US Author Urges Abe to Apologize for Sex Slavery
UN Chief Welcomes High-level Inter-Korean Contact----------------------------------------
Yonhap (http://english.yonhapnews.co.kr)
S. Korea prepares for full-scale talks with N. Korea The South Korean government began preparations Sunday for high-level talks with North Korea to maintain momentum from a landmark visit by top North Korean policymakers to the South, officials here said.
Korea's FX reserves slip for 2nd month in Sept.South Korea's foreign exchange reserves declined for the second month in a row in September, due mostly to weakening currencies, central bank data showed Monday.2014/10/06 08:38
N. Korea shuts down 5-MW reactor: think tank North Korea is believed to have shut down its sole plutonium-producing nuclear reactor either for refueling or maintenance purposes, a U.S. think tank said Sunday, citing commercial satellite imagery. 2014/10/06 07:37
Prosecutors look into Korindo Group owner's alleged tax evasion South Korea's state prosecutors said Sunday they are looking into the allegation that the head of Korindo Group, based in Indonesia, has evaded taxes. 2014/10/05 22:37
Lee Mi-rim earns 2nd LPGA win of year in Beijing Lee Mi-rim earns 2nd LPGA win of year in Beijing South Korea's Lee Mi-rim picked up her second LPGA Tour win of 2014 in Beijing on Sunday, coming from behind to take the Reignwood LPGA Classic. 2014/10/05 18:08Related Stories---------------------------------------------
The Korea Herald (http://www.koreaherald.com)
Talks build momentum for inter-korean thawAn inter-Korean agreement Saturday to resume high-level dialogue has created much-needed momentum for a thaw in cross-bo...
N.K. adds to Asian Games surprisesAs the Asian Games ended their 15-day run in Incheon on Saturday night, it was not the dominanc...
Samsung Electronics likely to continue earnings declineSamsung Electronics, the nation’s top electronics company, is expected to rattle the market on...
H.K. standoff reflects rifts in societyThe story of Chief Executive Leung Chun-ying, Hong Kong’s top leader, is a rags-...
Visit by N.K. officials hogs limelightThe 17th Asian Games Incheon 2014 that ended on Saturday surprised the world ― not just for its spectacu...
N.K.’s turnaroundIt came in a somewhat dramatic way, yet the agreement between South and North Korea to reope...
Finding right KB chiefKB Financial Group has announced the names of eight candidates for the top post of its holdi... Helping students make connections across fieldsAs humanity progresses into the 21st century, the ability to cross between previously unrelated...
‘Korea should no longer expect trickle-down effect’South Korea should no longer expect a “trickle-down” of benefits from conglomerates and the r...----------------------------------
The Korea Times (http://www.koreatimes.co.kr)
Why did they come? A surprise visit by a powerful trio of North Korean officials leaves many questions unanswered. First, why did not one but three top officials come? Hwang Pyong-so, the vice chairman of the powerful National Defense Commission, ... Kim Jong-un fully in charge S-N rivalry to ease for now 3 N.Korean bigwigs on same trip U.S. officials arrived in Seoul for talks on N. Korea, security issues PyeongChang may learn big lesson from Incheon The just-ended Incheon Asian Games offers a lesson for organizers of the 2018 PyeongChang Winter Olympics: prepare well or face the consequences. First of all, Incheon failed to secure funding from the central government. As a r...
Harmful substances in toothpaste More than 60 percent of all toothpastes in the Korean market contain potentially harmful substances that are banned in some parts of Europe and the United Sta...
Samsung pressures Microsoft on anti-competition grounds Microsoft (MS) recently disclosed that Samsung Electronics was trying to enlist the help of Korea’s Fair Trade Commission (FTC) to reduce its royalties paymen...
Nursing school blamed for age discrimination A private nursing school in South Chungcheong Province has been given a “warning” from the National Hunan Rights Commission (NHRC) for discriminating against ...
Rare diseases rise at alarming rate With the record-breaking number of Koreans traveling abroad, new cases of rare diseases have been on the rise in recent years, the nation’s health control cen...
'Patent holders should be respected' Innovation is only possible if patent holders’ rights are properly respected because no benefits m...-----------------------------------
Dong A (http://english.donga.com)
Seoul grants ‘humanitarian stay’ to Syrian asylum seekers It is confirmed that the Korean government has granted en masse permission for humanitarian stay in Korea to a large number of Syrian asylum seekers this year. According to the Justice Ministry on Sunday, the number of... Hong Kong protesters, police face off Hong Kong protests continue against Chinese authorities’ plan to vet Hong Kong election candidates for the Chief Executive post. Two Hong Kong police officers are struggling with a young male protester on... Ladbrokes bet on Kenyan or Japanese authors for Nobel prize Ladbrokes, one of the U.K.`s largest books, is always watched in the season when the winner of the Nobel Prize in literature is announced. This is due to its selecting a highly likely candidate and computes the odds,...
Hyundai-Kia’s cumulative sales in China surpass 9 million Cumulative sales of Hyundai and Kia Motor Group in China have surpassed 9 million units in 12 years since Hyundai and Kia respectively established a local production base in China in 2002. "Hyundai Speed," representing...
Pyongyang expected to display sincerity in dialogue North Korea used the card of a surprise visit to South Korea by its three top officials from the ruling party, military and government, including Hwang Pyong-so, its No. 2 man and vice chairman of the National Defense... Matt Kemp`s late homer lifts Dodgers over Cardinals
Turkey to launch military actions to defend Syrian border of Kobani
Ryu Hyun-jin to start Game 3 of NL Division Series ----------------------------------------------
Chosun Ilbo (http://english.chosun.com)
Out of 10 Retired Athletes Have Trouble Finding JobsMany retired athletes have a tough time finding a job and adjusting to their new life, according to a straw poll. Less than half are involved in sports after retirement, as coaches, trainers, managers of sports facilities or administrators. >> Full Text
Changeable Weather a Godsend for Clothes RetailersThe high temperature fluctuations Korea is experiencing every day have resulted in the unusual phenomenon of boosting sales of both summer and winter clothes. Retailers up and down the country are thanking their lucky stars for the unexpected boom. >> Full Text
Inflation Below 2% for 23rd MonthInflation hovered below two percent level for the 23rd-straight month in September. According to data released by Statistics Korea on Wednesday, inflation rose just 1.1 percent compared to September 2013. This year, consumer prices rose just 1.7 percent in June, 1.6 percent in July and 1.4 percent in August, far below the Bank of Korea's inflation cap of between 2.5-3.5 percent. >> Full Text
More S.Koreans Than Ever Support Reunification
N.Korea Sends Chilly National Day Message to China
Cheap Chinese Phone Challenges Samsung High-End Product
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Hankyoreh (http://english.hani.co.kr)
University instructor struck down for ‘impure lectures’Former NIS director Won Sei-hoon was exonerated of breaking Election Law, but Yoo So-hee was convicted “She took advantage of her position to support an opposition candidate in the election.”Yoo, 47, who used to lecture in the sociology department at Yeungnam University, stood in the dock, accused of violating Article 85 of the Public Official Election Act. This is the same article that Won Sei-hoon, former director of the National Intelligence Service (NIS), was charged with violating. But while the court cleared Won of charges, it found Yoo guilty.
‘When I ejaculated on her thigh…she seemed to like it’Burberry is the name of one of Great Britain’s most famous brands of trenchcoat. Burberry coats are functional items tailored to the country’s often rainy and damp climate. For cool-weather wear, they are remarkably lightweight and practical.
Chinese investment is taking over Jeju IslandFrom iconic Mt. Halla to its beaches and cafes, Jeju Island has been thronged by Chinese tourists recently. In the five years since 2009, the amount of land bought by Chinese nationals has soared by nearly 300 times. Meanwhile, the building of tourism and recreation facilities all over the island by Chinese real estate developers continues to raise concerns about eyesores and environmental damage. Can a middle ground be found where both Chinese businesses and the local community benefit?
US considering sending THAAD missile defense to South KoreaThe Pentagon is discussing the South Korean deployment of a key missile defense system component with Beijing and Moscow in addition to Seoul, the US Deputy Secretary of Defense Robert Work said on Sept. 30.-----------------------------------------------
Joong Ang (conservative): (http://koreajoongangdaily.joinsmsn.com/)
North Korean delegation makes a rare visit High-level team met with officials, attended Asian Games’ closingStalled relations between the two Koreas saw a major breakthrough over the weekend as North Korea sent its top leaders to the South and agreed to restart high-level government talks. In a surprise visit, a North Korean delegation arrived at the Incheon International Airport… .
Army is getting multiethnic, tooWhen the reveille sounded at 7 a.m. at the barracks of the Invincible Sword Unit last Wednesday, Private First Class Park Cheol-in got up quickly and headed to duty…
Amazon’s foray cows local online retailersAmerica’s Black Friday might appear to have nothing to do with a young stay-at-home mother living in Seoul. But the beginning of the holiday shopping season happened …
Old habits persist at fireworks showOn a highway along the Han River on Saturday evening, a long line of cars sat idle on the side of the road despite signs hung by police that stated that any vehicles parked…
Yoo’s account manager to be sent back to SeoulKim Hye-kyung, who handled money for the late patriarch of the family that owned the doomed Sewol ferry, will be extradited to Korea from the United States sometime this week,…
Female ROTC programs see a rise in competition“Chung-seong!” (Loyalty!) The military rallying cry echoed throughout the Reserve Officers’ Training Corps (ROTC) dormitory at Sookmyung Women’s University…---------------------------------
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....
[Table]Currently Index of Major Country in ASIAThis is Index of Major Country in ASIA. [table] Index of Major Country in ASIA ... ----------------------------------------------
Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
Seoul-Pyongyang relations come across watershed Seoul-Pyongyang relations come across watershed-image The inter-Korean relations are seeing an unexpected wind of change. Vice marshal Hwang Pyong-so, vice chairman of North Korea’s highest governing organization National Defense Commission, and the Workers` Party of Korea secretaries Choe Ryong-hae and Kim Yang-gon, boarded a plane, flew via the direct route above the Yellow Sea and visited South Korea Saturday, on the day of the Incheon Asian Games’ conclusion and the eighth anniversary since the two.....10.05.2014
Artifact market comes back to life
PEF taking over small family businesses unable to fi..
Banks poised to pursue relationship ban..
‘Choinomics’ losing steam, industrial..
Gov’t sits idle on weakening yen
Samsung devises emergency strategies fo..
Invitation to the Nostalgic 70-80s Gwangju Chungjang Town FestivalVenue: Chungjang town, Gwangju Metropolitan City, Travel by AirlinesTime/Date: 1300-2030 hours, Wednesday 8 October 2014Events: Attend Opening of Theme Street of the nostalgic 1970s-80s, tour Asian Culture Center, Chungjang Festival Dinner, Opening ceremony of the Chungjang Culture Festival; tour various interesting sights of the 1970s and 80s at the Chungjang Street.I am pleased to inform Your Excellency that Mayor Roh Hee-yong of the Dong-gu Town of the Gwangju Metropolitan City, cordially invites Your Excellency and Madam to the 11th 7080 Gwnangju Chungjang Recollection Festival Wednesday 8 October 2014.Schedule follows:1300 hours, Wed. 8 October 2014: Meet at VIP Lounge 3rd Fl. Gimpo Korean Airlines.1325-1425 hours: Move from Seoul to Gwangju Airport.1500-1530 hours: Coffee break and refreshments.1600-1650 hours: Attend Opening Ceremony of Theme Street and tour various interesting sites of the 1970s and 80s at the Chungjang Street.1710-1800 hours: Tour of Asian Culture Center.1800-1850 hours: Attend Gala Dinner of the Chungjang Festival.1900-1930 hours: Attend Opening Ceremony of Chungjang Festival.2045-2135 hours: Board Asiana Airlines plane for Gimpo Airport.A slight change could occur to the schedule depending on the traffic situation of the day.)Very Respectfully Yours/s/Lee Kyung-sikPublisher-ChairmanRSVP:Yes, we will attend (with spouse)_______. I (alone) will attend_______. Regrets:_______.
Mobile phone number of Korean secretary or driver __________________.The Korea Post phones: David (English) 010-3481-1101, Ms. Kim (Korean)010-3388-1682, Chairman Lee 010-5201-1740. Regular phones 2298-1745/6.