Mar.27, 2015

The Korean daily media headlines and humor

Friday, March 27, 2015

Your Excellency:

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

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

P.S.: 1. To see the desired site, press down the Control key and click the blue URL of the media.

2. If received by a person other than the intended recipient, please kindly convey the mail to His/Her Excellency.

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The Korea Post notice:

Your Excellency:

Please advise The Korea Post of the contact information of the Student Association of your country in Korea. Our email address is: edt@koreapost.com.

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Invitation for the Ambassadors for the Dangjin Tug-of-War Culture Festival

Invitation of the Ambassadors and to the Dangjin Tug-of-War Festival is two days earlier on Friday 10 April 2015.

Mayor Kim cordially invites Your Excellency and Madam, together with other Ambassadors and Madams, to the Opening Ceremony of the Dangjin Gijisi Tug-of-War Culture Festival on that day and a tour of the Hyundai Steel Plant, Cultural Assets of the Dangjin City and hands-on experience in various folk events. Two Deluxe 28-seat Limousine Buses have been reserved for the Excellencies and Madams for comfortable traveling.

Formal invitation has already been sent to each Excellency. In the vent of our transmission failure, please advise us at edt@koreapost.com, tel 2298-1740/2 or 010-5201-1740 for re-sending.

Note: Story and photos of the Dangjin Festival is at:

http://koreapost.koreafree.co.kr/news/view.html?section=165&category=192&no=879

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

The Korea Post phones: 2298-1745 or 2298-1740/2, mobiles 010-3388-1682 (Korean) and 010-5201-1740 (Chairman Lee Kyung-sik).

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Today’s humor:

Humor from a generous former Asian ambassador

May wish to give it a thought...

(... to whatever that is still available in your lives):

one. Give people more than they expect and do it cheerfully.

two. Marry a man/woman you love to talk to. As you get older, their conversational skills will be as important as any other.

three. Don't believe all you hear, spend all you have or sleep all you want.

four. When you say, "I love you," mean it.

five. When you say, "I'm sorry," look the person in the eye.

six. Be engaged at least six months before you get married.

seven. Believe in love at first sight.

eight. Never laugh at anyone's dream. People who don't have dreams don't have much.

nine. Love deeply and passionately. You might get hurt but it's the only way to live life completely.

ten. In disagreements, fight fairly. No name calling.

eleven. Don't judge people by their relatives.

twelve. Talk slowly but think quickly.

thirteen. When someone asks you a question you don't want to answer, smile and ask, "Why do you want to know?"

fourteen. Remember that great love and great achievements involve great risk.

fifteen. Say "God bless you" when you hear someone sneeze.

sixteen. When you lose, don't lose the lesson .

seventeen. Remember the three R's: Respect for self; Respect for others; and Responsibility for all your actions.

eighteen. Don't let a little dispute injure a great friendship.

nineteen. When you realize you've made a mistake, take immediate steps to correct it.

twenty. Smile when picking up the phone. The caller will hear it in your voice.

twenty-one. Spend some time alone.

Flying with Irish...

An Egyptian was sitting next to Paddy on a plane.

Paddy ordered a whisky.

The stewardess asked the Egyptian if he'd like a drink.

He replied in disgust "I'd rather be raped by a dozen whores than let liquor touch my lips!"

Paddy handed his drink back and said

"Me too, I didn't know we had a choice!"

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Top headlines of major news media of Korea this morning:

KBS (http://world.kbs.co.kr/english/news/)

Seoul to Join China-led AIIB

The South Korean government has announced its decision to join the China-led Asian Infrastructure Investment Bank (AIIB). Seoul's Finance Ministry said...

US Concerned About Standards and Transparency of AIIB

Prosecution: POSCO Slush Fund Given to "Higher-ups"

Seoul to Join China-led AIIB

US JCS Chief's Visit Draws Attention to Possible THAAD Discussion

Park Sends Condolences to Germany, Spain

Exhibition Hall for Products Made by S. Korean Firms in Gaeseong Park to be Set up in KINTEX

KOSDAQ Market Value Sees Growth of More than 30 Tln Won

KOSPI Down Nearly 1%

Seoul Adamant on May 24 Sanction on N. Korea

Firefighting Efforts Resume at DMZ

N. Korea Accuses US of Cheonan Sinking

US Concerned About Standards and Transparency of AIIB

34 S. Koreans Residing in Yemen Bombed by Arab Allies

At Least 14 Dead at Samsung C&T Construction Site in Vietnam

Prosecution: POSCO Slush Fund Given to "Higher-ups"

Chinese People Account for Largest Portion of Naturalized Korean Citizens

S. Koreans, Foreign Residents to Launch Joint Neighborhood Patrol

Concert Held at Deoksu Palace For 1st Time

Joseon Seal in US to be Returned to S. Korea

Two S. Korean Films Listed on Top 10 Foreign

S. Korea Launches New Multipurpose Satellite into Space

S. Korea's New Science Satellite Launched into Space

S. Korean Researchers Develop Artificial Fingerprint

Chung Grabs First Korean Win in 7 Years at Pro Tennis Tour

Swimmer Park's Suspension Won't Affect 2016 Olympic Hopes

Park Tae-hwan Suspended for 18 Months

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

U.S. House speaker invites Abe to address joint session of Congress

U.S. House Speaker John Boehner on Thursday announced his invitation for Japanese Prime Minister Shinzo Abe to speak at a joint meeting of Congress next month, saying he is "proud to host this historic event." The April 29 speech will make Abe the first Japanese prime minister to address a joint session of Congress.

U.S. withholds comment on S. Korea's decision to join AIIB

The United States on Thursday withheld comment on South Korea's decision to join the Chinese-led regional development bank AIIB, only expressing hope that members will work toward having the institution embrace transparency and high standards.

N. Korea denies involvement in nuke power operator hacking

North Korea again denied its involvement in a series of data leaks at South Korea's nuclear power operator and rebutted Seoul's interim probe results that accused the communist regime of conducting the hacking attacks.

Top U.S. military officer arrives in S. Korea for defense talks

The top U.S. military officer arrived in South Korea on Thursday for talks with his counterpart on boosting the bilateral alliance, Seoul officials said, amid keen attention on whether the two sides will discuss the possible deployment of an advanced U.S. missile-defense system here.

China urges 'prudent' decision over U.S. missile in S. Kor..

Ex-U.S. military worker nabbed for alleged hit-and-run

N. Korea claims arrest of two S. Korean spies

N. Korea denies involvement in nuke power operator hacking

N. Korea vows tougher deterrence against THAAD deployment

S. Korea stays firm on N. Korea sanctions

NS Shopping goes public on Seoul bourse

Seoul shares open higher on chemicals, steelmakers

Less than half of foreign companies in S. Korea paid corpo..

Suspended swimmer Park Tae-hwan to speak in press conferen..

S. Korea football coach Stielike not looking to make excus..

Hanwha Eagles give Mitch Talbot Opening Day starting nod

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The Korea Times (http://www.koreatimes.co.kr)

Latest News : N. Korea vows tougher deterrence against THAAD deployment

Korea to join AIIB Korea will join the China-led regional development bank as one of its founding members, the Ministry of Finance announced Thursday. The ministry said in a statement the decision to join the Asian Infrastructure Investment Bank...

Park says 'Never again' on Cheonan sinking anniversary

President Park Geun-hye ordered the military, Thursday, to never allow North Korea to repeat an attack similar to the torpedoing of the ROK Navy frigate Cheonan in 2010. “The government should strengthen the nation’s defensive c...

Slump dodges senior government officials, lawmakers

Despite the economic slump, most top government officials, lawmakers and judges saw the value of their assets increase last year. They were mostly helped by the recovering real estate market. According to the Government Public E...

Kia aims to use Mexico as beachhead for Latin America 

Hyundai-Kia Group Chairman Chung Mong-koo visited the construction site for Kia Motors’ new plant ...

Two Merrill Lynch officials face probe over botched Harvest deal 

Two former and incumbent Merrill Lynch officials are facing an investigation in connection with the state-run Korea National Oil Corp. (KNOC)’s failed investm... 

Park's name may be removed from swimming arena 

Incheon Metropolitan City (IMC) officials are mulling whether to remove Park Tae-hwan’s name from ...

US scholar hits Japan for history distortion 

A U.S. historian has criticized the demands of Japanese scholars that a U.S. history textbook publisher alter the description of Japan’s sexual enslavement of...

Taxmen under probe for corruption 

Police said Thursday they are questioning tax officials over suspicions they received bribes from several businessmen.

Police crack down on 'Bacchus ladies' 

Police have booked 30 elderly people - 15 men and 15 women - for engaging in soliciting sex at a park near Jongmyo Shrine in central Seoul, a popular resting ... 

Park's Singapore trip marks rarity 

President Park Geun-hye’s March 29 visit to Singapore is a rarity in Korean diplomacy. No incumben... 

LGBT artist to stage latest protest in Seoul 

Seoul-based artist Heezy Yang, 26, will hold his latest performance in support of LGBT rights this... 

Adobe urges Korea to spend more for digital education 

BALI, Indonesia - Adobe believes governments and institutions worldwide should adopt new ways of e... 

TmaxSoft aims at becoming global leader in database business 

TmaxSoft, Korea's leading software firm specialized in middleware and database software, said it w... 

Chung Hyeon seizes 1st tour-level win in Miami 

Chung Hyeon, former Wimbledon Junior finalist and current world No. 121, notched his first ATP Wor... 

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DongA Ilbo (http://english.donga.com)

Pre. Park urges N. Korea to abandon provocations and nuclear program on Cheonan anniversary

South Korean President Park Geun-hye strongly called for change in North Korea’s stance by saying, “I hope North Korea abandons its reckless provocations and belief that nuclear weapons can protect it.” In a ceremony... 

Samsung’s washing machine wins quadruple crowns by Consumer Reports

Samsung Electronics’ washing machine has topped in four evaluation criteria for washing machines by U.S.-based non-profit organization Consumer Reports. This is the first time for a single electronics brand to top four...

S. Korean national soccer squad on lookout for Cha Doo-ri`s successor

The South Korean national soccer team will have an evaluation match against Uzbekistan at 8:00 p.m. on Friday at the Daejeon World Cup Stadium. The 72nd FIFA ranked team Uzbekistan is evaluated as being a level lower...

Germanwings crash: 16 high school students are dead

The crashed Germanwings plane had a wide range of passengers including German high school students and opera singers. They were on their way back from a language program or an opera in Spain, according to the AFP. ...

Main opposition leader visits Marine Corps unit

"At the time of the torpedo attack on the (South Korean) warship Cheonan, a North Korean submersible sneaked into (the South Korean waters) and ran away after striking the vessel, but the (South Korean) Navy failed to...

Tech-heavy KOSDAQ market extends its rally

The tech-heavy KOSDAQ market is extending its rally. Helped by net buying by institutional and foreign investors, the KOSDAQ Index topped 650 for the first time in six years and nine months. The main KOSPI also broke a...

Controversies over N. Korean leader’s call for ‘highest-level’ talks 

Ki Sung-yueng, Son Heung-min as promising Korean soccer players 

New year’s wishes change over time 

Samsung’s mobile phone beats Apple to top ACSI 

Actor Lee Jung-jae reported to be in a relationship with Daesang heiress 

N. Korean leader shows willingness to hold inter-Korean summit 

U.S. military base in Yongsan bans civilian drones, model aircrafts 

Japanese police on 14-year manhunt for cruel murderer

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

More N.Koreans Escape for Freedom Than Food

Most North Koreans who flee the country seek freedom from oppression rather than escape from hunger. The findings contradict claims by some sections of South Korean society who see North Korean defectors as mainly economic migrants. >> Full Text

Back Trouble Top Reason for Hospitalization

A dislodged disc in the lower back was the No. 1 reason why most Koreans were hospitalized last year. Some 279,327 people went to hospital for lumbar disc herniation last year, according to health insurance data from 2010 to 2014 by the Health Insurance Review & Assessment Service. >> Full Text

Park Tae-hwan Still Hopes to Compete in Olympics

The head of the Korea Swimming Federation told reporters Wednesday that disgraced swimmer Park Tae-hwan is eager to compete in the Summer Olympics in Rio de Janeiro next year. Lee Ki-heung was speaking on return from a disciplinary hearing at FINA, the international swimming governing body in Lausanne. >> Full Text

N.Korea Blames U.S. for Cheonan Sinking

LG Continues Reign of World Washing Machine Market

European Luxury Brands Slash Prices in Korea

Kosdaq Reaches Six-Year High

Ryu Hyun-jin to Rest After MRI Reveals Good News

Kang Jung-ho Sent to Minor Leagues

After Poor Spring Training National Football Team Ready to Face Uzbekistan

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Hankyoreh Shinmoon (http://english.hani.co.kr)

National incomes rising, but households are tightening their belts

Despite some growing numbers, gains not reaching households as poor economic conditions hinder consumption

National incomes are set to reach US$30,000, but it doesn’t feel like there’s much difference between the increase in my income and the inflation rate. I never know when I could be out of a job, I have to prepare for retirement, and I have to start repaying the principal on my mortgage soon. So of course I’m cutting down on my spending as much as possible.”

High-ranking US officials on the way to Seoul, with THAAD not on official agenda

US Joint Chiefs of Staff Chairman Gen. Martin Dempsey is arriving for a visit to Seoul on Mar. 26. Newly appointed US Secretary of Defense Ashton Carter is also scheduled to visit sometime in early April. The successive visits by high-ranking US defense officials is drawing renewed attention to the possibility of a Terminal High Altitude Area Defense (THAAD) anti-missile system being deployed on the Korean Peninsula.

Aging population trying to figure out just how much money retirees need

How much money is needed to guarantee a decent retirement? This question must be answered before any kind of agreement can be reached on a proposal to revise the public servants’ pension plan. Thus far, the ruling and opposition parties and the Korean Government Employees’ Union (KGEU) have been unable to reach a compromise on the proposal.

An unprecedented number of S. Koreans saying “Ah! My back!”

A rapidly growing number of people are suffering from problems with their spinal discs, a recent study shows. Over the past five years, the number of patients who have been hospitalized for disc ailments has increased by 70%, making discs the most common reason for hospitalization today.

Oral history captures the lives of elderly that lived Korea’s turbulent history

The house where Kim Ok-soon, 85, has been living for 60 years is located right next to Naksan Park, in Seoul’s Jongno District, which young people have recently began flocking to.

Contaminated US military bases need an explanation, not an alibi

Two former US military bases were officially returned to South Korea on Mar. 13 after an agreement by the South Korean government that did not require environment cleanup efforts by USFK, it was belatedly confirmed recently. The two bases, Camp Castle in Dongducheon, Gyeonggi Province, an...

Japanese embassy video promotes questionable depiction of postwar aid

A promotional video posted to the website of the Japanese embassy to the United States is attracting controversy.

The video claims that the Japanese government laid the groundwork for Asian economic growth with its postwar development aid.

German economist pokes holes in S. Korean plans to imitate labor reforms

During a press conference in Dec. 2014, Choi Kyung-hwan, Deputy Prime Minister and Finance Minister, focused on government efforts to restructure the labor market and described the Hartz reforms in Germany as an ideal model.

Large corporations soak up money, while households drown in debt

In 2014, the cash reserves at publically traded chaebol subsidiaries ballooned by nearly 40 trillion won (US$36.12 billion), topping 500 trillion won (US$451.49 billion). This calculation only includes listed subsidiaries at South Korea’s 10 biggest chaebol.

Return of hookup website Ashley Madison sparks a debate on freedom of speech

Ashley Madison is back - and the seductive website’s return is touching off a heated debate over freedom of online expression and its limits.

Ashley Madison is a dating site launched in Canada that mainly caters to married people, using the slogan “Life is short. Have an affair”. Its arrival in South Korea briefly became a cause celebre, before it being shut down in Apr. 2014 by the Korea Communications Standards Commission (KOCSC) for “abetting adultery.”

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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Park remembers Cheonan with warning

On fifth anniversary of attack, president tells Pyongyang to behave

North Korea must abandon the idea that nuclear weapons will protect its regime, President Park Geun-hye said Thursday, urging Pyongyang to stop reckless provocations. As the country commemorated

Thursday the fifth anniversary of the sinking of the South Korean warship Cheonan,…

Seoul agrees to join the Beijing-led AIIB project

Korea has finally decided to join the China-led Asia Infrastructure Investment Bank (AIIB), the Korean Ministry of Strategy and Finance said Thursday. …

In major shakeup, 2 Navy vice-admirals sacked

Two active-duty three-star vice admirals of the Navy were removed from their posts as of Thursday, a source from the National Defense Ministry told the JoongAng Ilbo.…

New connections at IDB meeting

BUSAN - Businessmen, renowned economists and high-ranking government officials gathered for the start of the annual meeting of the Inter-American Development Bank…

Mexico plant will boost Hyundai’s sales abroad

Hyundai Motor Group Chairman Chung Mong-koo, who is on a five-day business trip to America, visited the construction site of a Kia Motors plant under construction in Mexico…

Calls for changes in U.S. textbook seen as ‘charade’

An American historian denounced calls by a group of Japanese scholars for a U.S. publisher to revise a description in its textbook concerning Japan’s forced mobilization …

Authorities investigate fatal collapse

Authorities looking into a fatal collapse this week at a construction site in Yongin, Gyeonggi, dispatched investigators to the scene Thursday to determine the cause of the accident…

PM Lee reprimands absent ministers

Prime Minister Lee Wan-koo reportedly admonished Foreign Minister Yun Byung-se for being absent from a meeting last week over which he was presiding, …

Consumers feel left out of low-interest loan plan

While the government-promoted mortgage program has become a big hit, complaints are rising among people with less financial capability and lower credit levels. …

Jitters abroad bring Kospi down 0.99%

Seoul’s primary stock market closed at 2,022.56 on Thursday, 20.25 points or 0.99 percent down from the previous day. Analysts said that drops in global markets …

AK Plaza beats Galleria in sales

The landscape of the department store industry is shifting, as Aekyung Group’s department store AK Plaza has emerged as a new major player,…

Ballparks strike out with KBO regulations

New food and beverage regulations are pushing food vendors to cook up new ideas at baseball games. As the 2015 professional baseball season starts on Saturday, …

Jay Y. Lee holds meeting with Citic’s chairman

Samsung said Thursday it agreed to step up a partnership in the financial industry with Citic Group, China’s state-owned investment company, after Jay Y. Lee,…

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Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)

S. Korea, China and Japan in fierce competition over Latin America

South Korea, China and Japan are in fierce competition over the economic territory of Latin America which is emerging as a new market. Chinese President Xi Jinping a.. ...

S. Korean youth heading abroad to land jobs

Today’s South Korean young generation is jokingly nicknamed the ‘give-up-three generation,’ who have to give up employment, marriage and childbirth. Many of the you.. ...

Samsung agrees to expand cooperation with CITIC Group

Lee Jae-yong, vice chairman of Samsung Electronics, met with Chang Zhenming, chairman of CITIC Group, in Beijing on Wednesday and they agreed to expand cooperation in .. ...

Park says will build up war deterrent force based on S. Korea-US alliance

South Korean President Park Geun-hye said on Thursday, “the government would expand the national defense capacity and build up strong war deterrent force based on the.. ...

Experts say let the rich spend money as they want: poll

The super rich in South Korea, who are supposed to act as a catalyst for stimulating domestic consumption, are still tightening the purse strings. In a survey on the.. ...

Kori 1 nuclear reactor decommissioning likely

“The government is leaning towards accepting what Busan citizens want about the Kori 1 unit issue.” The remark was made by the ruling Saenuri party chairman Kim Mo.. ...

 

Money not circulating well despite lower interest rate

The pace of money velocity, or how fast the money supply turns over, set a fresh low again. This means that money released on the market has not flowed into the real e.. ...

 

Seoul set to host UN office on human rights in N. Korea

A United Nations office on North Korea’s human rights is due to open at Seoul Global Center Building in Jongno-gu, Seoul, in the first half this year. According to d.. ...

 

Troubled Dongbu Group puts chairman in dire position

Kim Jun-ki, chairman of Dongbu Group, who had been absorbed in semiconductors and seel-making for a long time but eventually gave them up, was placed in a dire situati.. ...

 

POSCO to sell Finex steel-making plant to India

POSCO is accelerating its push to export the new steel-making technology FINEX steel-making plant to India. Specifically, the plant first constructed based on FINEX te.. ...

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The Kyunghyang Shinmoon (http://english.khan.co.kr/)

Kim Soo-hyun in China, Lee Kwang-soo in South East Asia, Psy in South America:

Selling the Korean Wave, Marketing Strategy Customized for Each Country "I'll take them (black spots, freckles and fatigue) away for your skin. You should be pretty." The alien Do Min-jun did not just steal the hearts of TV viewe···

[Editorial] Removing Facilities and Agencies Responsible for Major Accidents Will Not Guarantee Safety

There is a big flaw in the response to safety accidents by the Park Geun-hye government and the Saenuri Party. They tend to focus on makeshift measures rather t···

How the Park Geun-hye Government Responds to Disasters: Close It or Remove

It On March 24, the government and the Saenuri Party decided to promote measures to close down unregistered camping sites after a fatal fire broke out at a camping···

In the book, In Search of Happiness:

Understanding an Endangered State of Mind, American clinical psychologist John F. Schumaker criticizes the formula that con···

Japan, 'Abe Statement, a Separate Issue from the South Korea, China, Japan Trilateral Summit'

apan expressed its discomfort after South Korea and China cited the contents of Japanese Prime Minister Shinzo Abe's statement on the 70th anniversary of the e···

[Editorial] A Look at the Justice Party which Adopted a Progressive Platform Based on 'Reality'

South Korea has a political system dominated by two major parties. The two parties show little difference in ideology and political views, yet South Korean poli···

South Korea, China, Japan Come out Empty-handed:

Just Reconfirmed General Principles at the First Ministerial Meeting in Three YearsThe foreign ministers of South Korea, China and Japan, which have repeatedly stood in confrontation and conflict with each other due to different interpretation···

New Party Platform of the Justice Party 'Progressive in Reality Rather than in Ideology'

On March 22, the Justice Party enacted a new party platform. At the center of the party's creed, the Justice Party realistically and specifically stated the di···

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