The Korean daily media headlines and humor
Wednesday, May 6, 2015
Here are The Korea Post notice, humor from a generous former Asian ambassador and a Korean business daily and a roundup of important headlines from all major Korean-language dailies, TV and other news media this morning:
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Humor from a generous former Asian ambassador
Santa buys a thermos flask
One day SANTA was sitting in his apartment when his doorbell unexpectedly rang. He answered the door and found a salesman standing on his porch with a strange object.
"What is that?" SANTA asked.
"It's a thermos," the salesman replied.
"What does it do?" asked SANTA.
"This baby," the salesman said, "keeps hot things hot and cold things cold."
After some deliberation SANTA bought one, deciding it would really help his lunch situation.
The next day he arrived at the plant where he works. Sure enough, all the other employees were curious about his new object.
"What is it?" they asked.
"It's a thermos," SANTA replied.
"What does it do?" they asked.
"Well," SANTA says in a bragging manner, "It keeps hot things hot and cold things cold."
"What do ya got in it?"
To which SANTA says, "Three cups of coffee and a lolly ice cream."
A woman was bragging to her neighbor about her son, a university student. "Our son is so brilliant, every time we get a letter from him we have to go to the dictionary," said a proud mom.
"You are lucky," the neighbor said. "Every time we get a letter from ours, we have to go to the bank!"
Lee Trevino, a Mexican-American, who attained his fame as a legendary golfer, had worked his way up from shoe shining and caddying.
Now retired, the erstwhile champion was one day mowing his front yard lawn.
A lady driving by in a Cadillac stopped in front of his house and asked, “what do you charge for that work?”
Well-known for his biting wit, the man said, “Well, I don’t get in cash. The lady in this house lets me sleep with her.”
The woman hurriedly sped off.
Baekje Historic Sites Likely to be Listed as UNESCO World Heritage
A South Korean region containing historic sites dating back to the Baekje dynasty era is expected to be added to UNESCO's world cultural heritage list.
Children's Day Marked in Various Events
S. Korea-Vietnam FTA Officially Signed
S. Korea Ranks 30th in Mother's Index
Foreign Minister Says NE Asia Must Face up to History
Banks Low on Deposit Interest, High on Loan Interest
Gov't to Invest W110 Bn in Promising Future Sectors
Household Loan Growth Reaches 9-Year High in March
N. Korea Asks for Seoul's Cooperation on DMZ Crossing
S. Korea Approves June 15 Committee's Meeting with N. Korean Officials
Gov't Calls for Swift Release of Detained S. Korean
Japanese Journalist: Comfort Women are Historical Truth
German Leaders Reflect on Past Ahead of WWII Anniversary
Cargo Ship Operated by S. Korean Firm Catches Fire Near Suez Canal
"200-million Won Given to Park's Election Camp Official"
Constitutional Court Upholds National Security Law
Paul McCartney's First Concert Held in
Korea Pavilion at Milan Expo Set to Promote
S. Korea's Technology Level Estimated at 78.4% of US
S. Korea, Chile to Boost Cooperation in Space Sciences
New Study Finds Phytoncide Levels Reach Highest in Morning
Park In-bee Wins Second LPGA Tour Title This Season in Texas
Korea-China Pair Wins World Table Tennis Championships
FIFA Women's World Cup Roster Unveiled
Civilian delegates of Koreas discuss plans for summit anniversary
Civilian representatives from South and North Korea held preparatory talks Tuesday on plans to jointly celebrate the 15th anniversary of a historic inter-Korean summit after Seoul eased cross-border exchanges.
S. Korea, India to hold summit this month
South Korean President Park Geun-hye and Indian Prime Minister Narendra Modi will hold talks later this month to discuss ways to boost bilateral ties, the presidential office here said on Tuesday.
S. Korea to build hydro power plant in Indonesia
South Korea's state-run power supplier said Tuesday it has started construction of a hydro power plant in Indonesia that will begin commercial operation in 2017.
China's growing trade power hurting S. Korean exports: report
China's growing competitiveness in international trade is causing South Korean exports to lose market share, which can spell trouble for Asia's fourth-largest economy, a report said Tuesday.
S. Korea to stage military drill to defend Dokdo
Seoul's nuclear envoy says no precondition for 'explorator..
S. Korean student detained in N.K. says he wanted his arre..
Civilian delegates of Koreas discuss plans for summ..
S. Korean student held in North seeks better inter-Korean ..
Images show N. Korea's new satellite command next to Kim's..
YG Entertainment head tops list of stock-rich celebrities
S. Korea to build hydro power plant in Indonesia
S. Korea, Vietnam sign bilateral FTA
Dramatic away victory puts FC Seoul in AFC Champion..
Suwon finishes second in group at AFC Champions League
K-pop star Kim Hyun-joong to enlist in Army
YG Entertainment head tops list of stock-rich celebrities
Korean nuke bomb victims report to be released in Japan
The Korea Times (http://www.koreatimes.co.kr)
Some ministries will have new English names
The government plans to change the English names of some government ministries and agencies that sound strange or puzzling to foreigners.
Korea, Vietnam sign FTA
Korea and Vietnam signed a free trade agreement (FTA) in Hanoi, the trade ministry said Tuesday.
Lotte World aquarium, theater may reopen
The aquarium and theater in the second Lotte World will likely reopen soon after five months follo...
Pension bill is result of political convenience
The civil servants’ pension reform bill agreed to by the rival parties has fallen far short of expectations, triggering a fierce backlash.
BMW Korea nurturing global talents
BMW Korea has elevated its status in the BMW Group with impressive sales records and introducing v...
SK Telecom launches new wearable
SK Telecom launched Tuesday a new wearable device, the Smart Band, to add greater value to users’ ...
Chelyabinsk ready for taekwondo champs
Chelyabinsk will be in the spotlight when the 2015 World Taekwondo Championships take place in the...
Sohn's Seoul address prompts rumors of political comeback
Sohn Hak-kyu, a retired politician who last year went to live in the southern city of Gangjin in S...
North Korean Returnees
Most Koreans want unification between the two Koreas to happen sooner rather than later.
Paid Android Games could lead in 2018
The Android platform is expected to surge past iOS in revenue in coming years, thanks to growing d...
DongA Ilbo (http://english.donga.com)
Marine father and two sons donate 115 times
A Marine father and two sons are practicing their love for the needy, having donated blood for more than 110 times. Yoo Seung-gook, the father, is a self-employed in Gangwon Province. He served military service in the...
Cable TV VOD’s CEO: ‘1 trillion won in sales in 5 years is realistic target’
“We will do our best to achieve 1 trillion won (930 million U.S. dollars) in sales in 2020, and 2 trillion won thereafter.” This means that the CEO aims to increase sales of his company that posted less than 200...
Bae Yong-joon becomes the stock-richest celebrity
Amid the rally of KOSDAQ market this year, celebrities` share values underwent a huge change. Bae Yong-joon, an actor who elevated Korean Wave to new levels, beat SM Entertainment head Lee Soo-man to become most...
Gunmen in cartoon event shooting linked to Islamic terrorist group
One of the two suspects of the Muhammad cartoon contest shooting in Texas was prosecuted for allegations related to an Islamic terrorist organization, the FBI said on Monday. Elton Simpson, 30, one of the gunmen who...
Dodgers transfer Ryu Hyun-jin to 60-day DL, can`t return until May 27
The Los Angeles Dodgers on Tuesday (Korea time) moved Ryu Hyun-jin from the 15-day disabled to the 60-day disabled list. This means Ryu can`t return to the mound until May 27. Manager Don Mattingly said Ryu`s timeline...
Park In-bee aims ‘career Grand Slam this season’
Park In-bee, 27, likes wearing white clothes on the last day of a tournament. Ahead of the final fourth round of the North Texas Shootout of the US LPGA tour on Monday, she was agonizing over whether to wear white...
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
Chosun Ilbo (http://english.chosun.com)
Lonely Teens Embrace Imaginary-Friend App
Virtual friends have become a fad among lonely or socially awkward adolescents. Over 4 million people have downloaded an app allowing users to chat with an imaginary friend on their mobile device, and 70 to 80 percent of them are in their teens. >> Full Text
Poorer Children More Prone to Ill-Health, Academic Failure
The income of parents has a measurable effect on the mental health and academic performance of children, according to data from ChildFund Korea. The lower the parent's income, the worse the health of the child. >> Full Text
Work Program Cuts Medical Bills for the Elderly
The working elderly spend W550,000 less on medical expenses a year than the retired, according to a report. The report by the Seoul National University found that annual medical expenses of senior citizens who took part in a work program offered by the Ministry of Health and Welfare shrank by W545,994 last year. >> Full Text
Kim Jong-un Won't Attend Moscow Victory Celebrations
100,000 Chinese Tourists Expected Over Long Weekend
Inter-Korean Trade Hits Record Despite Sanctions
KEPCO Completes Record-Breaking Power Plant in Jordan
Incheon Named Best Airport for 10th Straight Year Jeonju Film Fest Opens
Hankyoreh Shinmoon (http://english.hani.co.kr)
[News analysis] South Korean diplomacy accused of being “adrift” without a paddle
Some even calling for Foreign Minister’s resignation as Seoul is left out of new US-Japan honeymoon
South Korean diplomacy is under heavy fire for being “adrift” and lacking bearings. Some lawmakers are even calling for the resignation of its chief representative, Ministry of Foreign Affairs Yun Byung-se. But with the Ministry continuing to maintain that nothing is amiss, a shift in policy continues to look unlikely.Its defense of its current diplomatic strategy continues even a US visit by Japanese Prime Minister Shinzo Abe last week that seems to bear out fears about a new honeymoon between Washington and Tokyo leaving Seoul out in the cold.
Pres. Park says she’s “very disappointed” with bipartisan agreement on pension revision
President Park Geun-hye said she was “very disappointed” in the Public Officials Pension Act revision that was recently the subject of a bipartisan agreement.“The revision plan fails to meet the expectations that the public initially had,” Park said while presiding over a meeting of senior secretaries at the Blue House on May 4. .
South grants approval for first preliminary contacts with North in five years
North and South Korea are having their first preliminary contacts in five years for a joint event to mark the 15th anniversary of the June 15 Joint Declaration of 2000.“We have granted approval for preliminary direct contacts for a joint inter-Korean event for the June 15 Joint Declaration as requested on Apr. 30 by the ‘preparatory committee for joint Korean events for the 70th anniversary of independence,’” the Ministry of Unification said on May 4. .
Mondelez International claims “Philadelphia” as a trademark
A multinational corporation that makes “Philadelphia cheesecakes” that are not even produced in the city of Philadelphia is trying to keep a South Korean company from importing “Philadelphia cheesecakes” that actually are produced in Philadelphia. Represented by Kim & Chang, South Korea’s largest law firm, this multinational threatened not only to sue the importer but also to bring criminal charges against it. .
Police stepping up violent crackdowns on protestors
Police are ramping up their tactics against demonstrations over the Sewol ferry sinking. Having already made use of bus barricades, they have now added tear gas (capsaicin) cannons to their arsenal. Civic groups blasted the police for what they called “excessive use of force.” .
Revisions mean national pension program emerging as next contentious social issue
In addition to agreeing to restructure the pension program for civil servants, the ruling and opposition parties have also reached an agreement on strengthening the national pension program by raising the nominal income replacement rate from 40% to 50% by 2028. The national pension program is set to be the next social issue that politicians will have to tackle. .
Six years after layoffs, Ssangyong workers keep passing away
On Apr. 8, 2009, Ssangyong Motors announced the layoffs of 2,646 workers. That same day, an irregular worker surnamed Oh with one of the automaker’s subcontracting companies took his own life. The following May 27, another worker surnamed Eom dropped dead from a cerebral hemorrhage. The same day, the Ssangyong chapter of the Korean Metal Workers’ Union held a press conference in front of Ssangyong’s factory in Pyeongtaek, .
Government denies recognition to sexual minority rights group
The South Korean government has denied an application for official recognition from the Beyond the Rainbow Foundation, the country’s first group established to advocate the rights of sexual minorities, the Hankyoreh confirmed on May 3.“On Apr. 29 - six months after we requested permission to be recognized - the Ministry of Justice sent us an official document notifying us that our request had been rejected,” the foundation said. .
North Korea pledges support for Women’s DMZ Peace March
North Korea has announced plans to support a walk across the Demilitarized Zone (DMZ) by female peace activists from around the world.The [North] Korean Central News Agency reported on May 2 that the “2015 international women’s march for the unification and peace of Korea will be held in May.”
JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
Some tariffs cut in Vietnam FTA
Taxes to be reduced on home appliance and cosmetics exports
Korea agreed to a free-trade deal with Vietnam that will gradually cut tariffs on domestic home appliance and cosmetics exports to the Southeast Asian nation, the Ministry of Trade, Industry and Energy announced on Tuesday. …
Program offers patriotic look at Dokdo’s history
Growing up in Australia, Lee Yowmin concedes she knew very little about Dokdo, the disputed islets that Korea administers but which Japan claims. …
On diplomatic scale, Seoul comes out on bottom
In his book “The Grand Chessboard: American Primacy and Its Geostrategic Imperatives” (2000), Zbigniew Brzezinski, who served as the U.S. National Security Adviser …
Doosan Group rose from humblest of beginnings
Park Seung-jik, nicknamed Maeheon, is the founder of Doosan Group, the oldest Korean conglomerate with the longest history. …
Memories of Maeheon and Yeongang
Maeheon Park Seung-jik is a legendary self-made man who accumulated fortunes from nothing since the beginning of foreign trade. …
Car sharing takes off from Jeju to Seoul
When Kim Ji-man told his friends that he was planning on quitting his job at an investment bank to create Korea’s first carsharing business, they tried to stop him. …
Expert says nuclear education key
Korea recently struggled with the controversial decision by the nation’s nuclear authority to keep the country’s second-oldest reactor, operating since 1983, …
North lashes out at commentary
North Korea blasted South Korean Unification Minister Hong Yong-pyo, claiming, in a direct rebuttal to a remark he made criticizing the regime’s denial of its abduction …
After betrayal comes hope for a better future
A few days after I briefed Park Chung Hee on the arrest of Hwang Tae-song, a self-proclaimed secret envoy from Pyongyang, Peer de Silva, …
Longer lifespan complicates pension, welfare systems for seniors
Kim In-bae retired from a major company six years ago and recently got a new job at a small company because his pension was running out. …
Parents look overseas for Children’s Day presents
Many parents purchased Children’s Day presents directly from overseas rather than from local retailers, data compiled by Korea’s major online shopping portals showed.…
Choi calls on ADB to support infrastructure
Finance Minister Choi Kyung-hwan called for the Asian Development Bank (ADB) to raise more funds to support infrastructure development in Asia. …
Imperial whisky adds top brand to list of achievement
Pernod Ricard’s Imperial whisky has been picked as a top brand by the Korea Customer Surprise Brand Index, the company said. …
Maeil Kyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
S. Korea, Vietnam conclude bilateral FTA
South Korea and Vietnam officially concluded a free trade agreement on Tuesday. The two countries who are under the Korea-ASEAN FTA, are expected to expand bilateral t.. ...05.05 17:13
Seoul Money Show to be held at COEX from next Wednesday to Friday
Steve Brice, head in charge of global investment strategy of Standard Chartered, would appear in the opening session on the first day of the ‘2015 Seoul Money Show,’.. ...05.05 16:09
Global car makers waging electric vehicle battle in S. Korean market
Global finished vehicles manufacturers are waging battle for electric vehicles in the South Korean market. More and more companies would not only increase car sales to.. ...05.05 13:59
Korean currency rises most among other currencies
The Bank of Korea announced on Monday that South Korean current account surplus in March recorded $10.3 billion in March, up 41.9 percent from $7.3 billion year-on-yea.. ...05.05 11:20
Gov’t looking to fill some top military positions with administrative civ..
South Korean government is seeking to fill some high-ranking military positions including warship and missile introduction directors with administrative civil servants.. ...05.04 17:58
Park says deal on pension reform for civil servants falls short of public ..
President Park Geun-hye Monday said a recent deal by the rival political parties on pension reform for civil servants fell short of public expectation. The rival part.. ...05.04 17:40
C&M to first sell high-revenue generating SOs
C&M, put up for sale in the merger and acquisition market, will first sell five system operators (SOs) in Seoul, which are generating high revenues. According to inv.. ...05.04 14:44
S. Korea logs current account surplus for 37th month
South Korea’s current account surplus has been in the black for 37 consecutive months. At the current pace, the chances are high that it will break the record of 38-m.. ...05.04 11:11
Table PC business set for worst-ever decline
Tablet PC, which was the major pillar that drove the mobile era along with smartphone is rapidly collapsing. According to a US-based market research firm Strategy An.. ...05.03 17:19
About one-third of listed firms enjoy earnings surprise in Q1
Most of South Korean listed companies reported better-than-earnings for the first quarter this year. According to a local financial information providers Sunday, of .. ...05.03 14:49
The Kyunghyang Shinmoon (http://english.khan.co.kr/)
Pension Reform Expands to Debate over National Pension
The ruling and opposition parties agreed to pass the revised Government Employees Pension Act in the regular parliamentary session on May 6. It was an agreement···
[Korean Diplomacy Lost] 'South Korea-Japan Relations Can Improve Only When Comfort Women Issue Is Resolved' The Government Building Its Own Obstacles
After the Park Geun-hye government launched in 2012, South Korea and Japan have not once been able to hold a summit. The bilateral relations between the two···
U.S.-Japan Display Reconciliation for Common Interests: TPP and Keeping China in Check
Japanese Prime Minister Shinzo Abe ended his official trip to the United States as he moved to San Francisco after handling his schedules in Washington D.C. inc···
Yang Gwon-mo's Column] Why Can't the Opposition Party Win?
The opposition party was utterly defeated in an election held shortly after the tragic accident of the Sewol, and it was defeated once again in an election held···
Abe Never Mentioned the Comfort Women
Japanese Prime Minister Shinzo Abe offered his condolences to the American victims of World War II, but did not mention the comfort women before a joint meeting···
[Editorial] April 29 By-Elections: A Warning to Moon Jae-in's New Politics Alliance for Democracy
The by-election for lawmakers on April 29 ended in a complete victory for the Saenuri Party. The Saenuri Party claimed victories in all three constituencies in ···
Desperate Move by the 'Queen of Elections,' President Park Appears Center Stage One Day Before the Election
A day before the April 29 by-elections, President Park Geun-hye appeared center stage in the race between the ruling and opposition parties. In a message read b···
[Another 'Honeymoon' for U.S. and Japan] Yoo Seong-min Criticizes, 'Failure of the Park Geun-hye Government's Foreign Policy'
On April 28, Saenuri Party floor leader Yoo Seong-min, 57, criticized, "Our government lacks a strategy in its relations with Japan and the U.S. and its diplom···
The Korea Economic Daily (http://english.hankyung.com/)
Korean Insurers Purchase Chinese Bonds Worth over 10 Tril. Won Since Last Year
Korea's institutional investors are buying up dollar-denominated corporate bonds issued by Chinese companies in large amounts. The volume of bonds purchased by Korean insurance companies since last year was in excess of 10 trillion won. That's largely because Chinese corporate bonds pay 0.5-1.0 perc...
Busan's LCT Project to Be Resumed
The construction of "LCT," a 101-story high-rise building to be erected in Busan's Haeundae will be resumed. LCT PFV, the lead developer of the project, said on May 4 that it has signed Sammi Construction, a local contractor, after enlisting POSCO Engineering & Construction in April while cancelling...
LG Chem's Daesan Plant Boasts High Operational Efficiency
It has been ten years since the Daesan plant of LG Chem became part of LG Group affiliates. The plant had been under the ownership of Hyundai Petrochemical until 1997 when it was handed over to creditors after the Asian financial crisis and then later sold to LG Chem. For the past ten years, the pla...
Korea Midland Power Breaks Ground for Hydroelectric Power Plant in Indonesia
Korea Midland Power Co. held a groundbreaking ceremony on May 5 for the Semangka Hydroelectric Power Plant Project in Tanggamus District, Lampung Province in Indonesia's Sumatra. The 55-megawatt power plant is the second hydroelectric power plant to be built overseas for Korea Midland. The project w...
Petrochem Industry to See Better Financial Results in 2Q
Korea's major petrochemical companies are posting improved financial results for the first quarter after suffering from losses due to the plunge in oil prices in the latter half of last year. For example, the operating profit of Lotte Chemical for the quarter was 177.9 billion won, up 217.6 percent ...
AJU Business Daily (http://eng.ajunews.com/korea)
Children join 'coin donation campaign' for victims of Nepal earthquake
LET'S HELP VICTIMS OF NEPAL EARTHQUAKE: Children throw coins during a campaign event at the Cheonggye Plaza in central Seoul Sunday to help the victims of earthquake in Nepal. The United Nations s…
Pedestrian-only street opens along Sejongdae-ro in central Seoul
Children aboard a "Tayo bus" react in a pedestrian-only street in Gwanghwamun, central Seoul, Sunday. The Sejongdae-ro area becomes a pedestrian-only street from 9 a.m. to 6 p.m. on the first and thir…
Sales at high-end retailers jump nearly 60%, thanks to influx of Chinese tourists
INFLUX OF 'YOUKE': A signboard in Chinese characters is erected in the hip and trendy Garosu-gil street in Sinsa-dong, southern Seoul, Friday, the first day of the Labor Day holiday. The numbe…
Jeonju International Film Festival opens
2015 JIFF: Actress Jung Joo-yeon arrives to attend the opening ceremony of the 16th Jeonju International Film Festival (JIFF) Thursday at the Jeonju Sports Stadium. Under the theme of “Jeonju in Sprin…
Actress Kim Sae-ron draws attention with cute charms at Jeonju International Film Festival
CUTE CHARMS: Actress Kim Sae-ron draws attention with her cute charms as she arrived to attend the opening ceremony of the 16th Jeonju International Film Festival (JIFF) Thursday at Jeonju Sports Stad…
Jeonju International Film Festival to screen 200 films
JIFF OPENS: Actress Son Yeo-eun arrives to attend the opening ceremony of the 16th Jeonju International Film Festival (JIFF) Thursday at the Jeonju Sports Stadium. The 2015 JIFF, under the theme of “J…
Asan Medical Center holds event for patients from Middle East
MEDICAL TOURISM: An Arab child puts halal food on a plate during the "Arab Night," an event Asan Medical Center's international department held for patients from Middle East countries, including S…
S. Korea's consumer inflation rate remains below 1% level for 5 straight months
South Korea's consumer inflation rate remained below the 1 percent level for the fifth straight month in April, government data showed Friday. Consumer prices grew 0.4 percent in April from the…
Jung Hae-in appeared in KBS2 TV drama 'Blood'
ROOKIE ACTOR: Jung Hae-in, who appeared in the recently ended KBS2 TV series "Blood," poses for the camera before holding an interview with The Aju Business Daily newspaper at its headquarters in Jung…
Actress Soohyun appears in Hollywood blockbuster 'The Avengers: Age of Ultron'
South Korean actress Soohyun, also known as Claudia Kim, who plays the role of Dr. Joe in the Hollywood action blockbuster "The Avengers: Age of Ultron," poses for the camera during an interview with …
Another gas leak accident at SKhynix within a month
A gas leak accident happened on the 30th at SKhynix M14 fabrication facility, which is located in Icheon, Gyeonggi-do province. This accident happened on the 10th...
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LG Electronics, “G4 Is A Single Masterpiece”…Sales Goal of 12 Million For This Year
LG Electronics set global sale goals for the strategy smartphone ¡®G4¡? at 12 million. They will push ahead from the start with a shocking price of ...
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SK Telecom To Build 5G Test Bed in T OpenLab During The Third Quarter
SK Telecom(Chairman Jang, Dong-hyun) held the ¡®5 G Forum¡? on the 28th with HP, Ericsson, Intel, Samsung Electronics, etc. at the Euljiro headquar...
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LG Innotek Record Business Profit Of 64.4 Million Dollars For First Quarter... 19% Increased Compared To Previous Quarter
Thanks to the increase in sales of the high performance camera module, LG Innotek have reached a business profit of 64.4 million dollars for the first quarter, which ...
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