Dec. 2, 2015

The Korean daily media headlines and humor

Wednesday, Dec. 2, 2015

Your Excellency:

Here are The Korea Post notice and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea 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.

A round-up of the latest news published by the Korean media:

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

Park Calls for 'Global Citizenship Education' to Resolve Issue of Extremists

President Park Guen-hye has stressed the importance of "global citizenship education" as a way to resolve the issue of violent extremism exemplified in the recent terror attacks in Paris.

Park in Prague for Czech Republic, V4 Summits

Park Hopes Korean Art Will Console French

Park Visits Site of Terror Attack in Paris

Park, Putin Discuss Peace on Korean Peninsula

Park to Support New Climate Regime in Paris

Parties Agree to Pass Revised Budget Proposal for Next Year

S. Korea to Complete Administrative Procedures for FTA in 20 Days

Park in Prague for Czech Republic, V4 Summits

Parties Agree to Pass Revised Budget Proposal for Next Year

Gov't Defends 1Tln Won Fund for Farmers

S. Korean Mobile Carriers Provide Best Cell Phone Service in the World

KOSPI Rises Above 2000

Koreas to Discuss Joint Dictionary Project Next Week in China

S. Korean Catholic Bishops Visit N. Korea

Koreas to Exchange Delegate Lists Next Week for High-Level Talks

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

Current account surplus narrows on growing imports in Oct.

South Korea's current account surplus shrank from a month earlier in October as imports grew while the country's deficit in the service sector widened, preliminary data from the central bank showed Wednesday.

Samsung showcases web browsing tool for VR devices

Samsung Electronics Co. introduced Wednesday the beta edition of a web browsing program for its virtual reality (VR) devices, allowing users to access more content online.

S. Korean slugger Park Byung-ho signs with Minnesota Twins

South Korean slugger Park Byung-ho has signed his first Major League Baseball (MLB) contract with the Minnesota Twins.

S. Korea's pork, dairy imports from FTA partners jump in 2015

South Korea's pork imports from countries it has free trade agreements (FTAs) with have surged in 2015 due a fall in their prices overseas amid high local demand, data showed Wednesday.

S. Korea's ICT trade surplus highest among OECD members

South Korea's trade surplus in the ICT segment outpaced those of members of the Organization for Economic Cooperation and Development (OECD) in the first half, data showed Wednesday, posting robust performances despite the global economic slump.

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The Korea Herald (http://www.koreaherald.com)

Seoul eyes opportunities in yuan's SDR status

South Korea’s Finance Ministry expressed optimism Tuesday for an increase in the nation’s exports to China after the I...

Park urges Russia to support 6-party talks

South Korean President Park Geun-hye on Monday asked Russian President Vladimir Putin to help r...

Race underway to seal climate deal

A day after world leaders vowed to unite in a war on climate change, negotiators at the U.N. ta...

Park struggles to promote Northeast Asia Development Bank

In March 2014, President Park Geun-hye unveiled an ambitious plan to build a multilateral bank ...

Samsung eyes stability in reshuffle

Samsung Electronics on Tuesday named Koh Dong-jin, executive vice president in charge of mobile R&D, as t...

NPAD disappoints

The main opposition New Politics Alliance for Democracy’s former leader Rep. Ahn Cheol-soo ...

Risky medical practices

A clinic in Seoul has been identified as the source of a massive hepatitis C outbreak, raisi...

State-authored textbooks monopolize interpretation of public memory

The South Korean government’s move to publish state-authored textbooks mimics tactics used by ...

Rediscovering the beauty of Korean architecture

The snowy scenery of Buyongji viewed from Yeonghwadang in Changdeokgung Palace by Bae Bein-u (L...

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

Businesses up in arms over China FTA fund

The government’s plan to raise a 1 trillion won ($864 million) fund from businesses to support farmers and fishermen following ratification of a free trade agreement (FTA) with China in the National Assembly, Monday, is drawing ...

Coffee sellers enter era of limitless competition 

Koreans love coffee, so much so that you can see all kinds of coffee here - instant and brewed, canned or bottled, and at franchise shops and convenience stor... 

Elderly working population tops 10 mil. 

A record number of Koreans aged 50 or over are either working or searching for a job, government d...

Yuan expected to give Korea new opportunities 

The Korean economy is expected to become more closely tied with the Chinese economy following the International Monetary Fund’s (IMF) decision to include the ... 

UN chief strongest candidate in poll 

United Nations Secretary-General Ban Ki-moon would beat any other candidate in the 2017 South Kore... 

Ancient metal type unearthed at Gaeseong's Manwoldae 

A piece of metal type was unearthed at the site of Manwoldae, a medieval royal palace of the Gorye... 

Samsung opts for stability over change in top management reshuffle 

Samsung Group chose stability over change in its top management reshuffle for next year. 

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DongAIlbo (http://english.donga.com)

Paris terror attack suspect Salah Abdeslam believed to be Syria

Salah Abdeslam, the only one of the suspected Paris attackers known to have survived, is believed to have fled to Syria. CNN quoted Monday multiple sources at French intelligence authorities who said they think he`s... 

UFC Seoul: Kim Dong-hyun has sweeping victory

Kim Dong-hyun, (34, Team M.A.D., photo) the 7th ranked welterweight, has overwhelmed his opponent in the first UFC competition held in Korea. His strong desire for the championship title was evident. Kim defeated...

Japanese company develops fiber for `wearable cosmetics`

Japan has presented wearable cosmetics (photo) that keep skin moist by simply wearing it. According to Japanese media on Tuesday, Teijin, a Japanese fiber and textile company, has announced a new product on its...

Donggyo, Sangdo factions agree to unite to mend conflict by inheriting spirit of YS-DJ

The democratization campaign council (or Minchuhyeop), which the Sangdo-dong faction for the late President Kim Yong-sam (YS), and the Donggyo-dong faction for the late President Kim Dae-jung (DJ) had jointly...

IMF puts Chinese yuan in SDR currency basket

The International Monetary Fund has decided to include the Chinese currency in its Special Drawing Rights (SDR) reserve on Monday. The SDR is the right to draw foreign reserve currencies without collateral by...

Japanese company develops fiber for `wearable cosmetics`

Japan has presented wearable cosmetics (photo) that keep skin moist by simply wearing it. According to Japanese media on Tuesday, Teijin, a Japanese fiber and textile company, has announced a new product on its...

Forgery scandal over da Vinci`s La Bella Principessa 

Dong-A Sports Awards to honor players picked by colleagues

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ChosunIlbo (http://english.chosun.com)

Cab Driving Is Pyongyang's Most Lucrative Job

The best-paying job in Pyongyang's nascent capitalist economy is cab driving. Drivers working for state-run taxi firms submit half of their daily earnings to the company and take home the rest. >> Full Text

Aunt to Sue Defectors for Defamation

North Korean leader Kim Jong-un's aunt is suing several prominent defectors for defamation in Seoul, her lawyer Kang Yong-suk said Tuesday. Ko Yong-suk, the sister of Kim's mother Ko Yong-hui, has been living in the U.S. since she sought asylum there in 1998. >> Full Text

Young Generations Spend More on Clothes

Those born between the 1980s and early 2000s are emerging customers who lead the latest trends, spending more on clothes, a recent survey by Hana Financial Investment suggests. These young generations who often prefer online shopping tend to splurge on themselves and they are also keen on outdoor activities. >> Full Text

Korean Smartphones Get Cheaper as Chinese Brands Rise

Kim Jong-un 'Watched Failed Missile Test'

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HankyorehShinmoon (http://english.hani.co.kr)

National Assembly ratifies S. Korea-China free trade agreement

With ratification, there are concerns for domestic manufacturers due to expected increase in cheap Chinese imports

On Nov. 30, the South Korea-China free trade agreement was ratified by South Korea’s National Assembly.“Eliminating tariffs will help South Korean companies secure price competitiveness over companies from other countries in the Chinese market and will help South Korea maintain its number one rank in market share in imports to China. We are planning to take the necessary measures with all possible speed to enable the agreement to take effect within the year,” the South Korean government said.

Police say they’ll arrest all participants at this weekend’s big rally

Police have declared an upcoming second “popular indignation rally” on Dec. 5 to be “illegal” and are pledging to arrest all participants. The extreme measures are to involve a vehicle barricade around the planned site and the deployment of an “arrest squad” to carry out aggressive arrest operations. The plans are creating worries about large-scale clashes and arrests. .

Christian groups call for an end to “state violence and fear”

Christian groups have joined the Jogye Order of Buddhism in calling on police to permit “peaceful demonstrations” after the announcement of hard-line measures in response to a second “popular indignation rally” scheduled for Dec. 5. A group calling itself Pastors Calling for an End to State Violence and the Return of Democracy denounced the authorities’ measures in an emergency statement at a press conference on Nov. 30 at the Korea Christian Center in Seoul’s Jongno district. .

With legislation, religious workers’ tax-free ride may end in 2018

The National Assembly Strategy and Finance Committee agreed on new legislation on Nov. 30 that would assess taxes on pastors, priests, Buddhist monks, and other religious workers as of 2018.The administration previously presented a bill for taxing religious workers to the National Assembly in 2013, but the legislation, which was intended to “eliminate a blind spot in tax law,” ended up delayed for two years over objections from politicians.

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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)

Park vows to meet emissions goal

She also unveiled plan to expand market for new energy industries

President Park Geun-hye pledged Monday during the global climate summit that Korea would meet its intended target for reducing greenhouse gas emissions and create a larger market for new energy industries with 500,000 new jobs…

Six new presidents named in Samsung reshuffle

Samsung promoted six vice presidents to president roles and changed the titles and responsibilities of nine existing executives…

Compensation plan for new FTA faces backlash

A package of compensation measures designed for the Korea-China Free Trade Agreement (FTA) came under fire on Tuesday…

Lawmaker blasted for book sales

An opposition party member is the subject of growing criticism for selling his book, a collection of poems, by setting up…

Kepco powers up Jordan and the Philippines

AMMAN, Jordan, and CEBU, Philippines - Korea’s state-run power company continues to expand overseas by beefing up the local electricity markets…

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

Korea’s Samsung Group carries out executive reshuffle

South Korea’s Samsung Group promoted Koh Dong-jin, executive vice president in charge of mobile research and development at Samsung Electronics Co., as the company’s president and new head of Mobile Communications Business, in its annual year-end appointments of senior executives on Tuesday.

S. Korea-China FTA makes Korea a FTA powerhouse

With China added following the ratification of a bilateral free trade agreement (FTA), South Korea would be the only economy in the ...

Doosan Group scion to head Doosan duty-free shop business

Doosan Group announced that Park Seo-won, vice president of the conglomerate’s advertising unit Oricom Inc., will co-head the new ...

E-Land Group to sell hypermarket unit Kim`s Club

South Korea’s retail giant E-Land Group Monday announced that it would sell its big-box chain store Kim`s Club through an open bid ...

KDB to auction off Daewoo Securities and KDB Asset Management on Dec. 21

State-run Korea Development Bank (KDB) announced that it will invite bidders on Dec. 21 for its offer of a 43 percent stake in KDB ...

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The KyunghyangShinmoon(http://english.khan.co.kr/)

Ratification of the South Korea-China FTA, Was It Reviewed Thoroughly?

The National Assembly ratified the South Korea-China free trade agreement (FTA). Lawmakers passed the agreement after a year since the leaders of the two countr···

?'Got Rid of the Pressure from 'Gangnam Style' and Recalled Why I Became a Singer'

"I never knew it would take so long. I think that's how big the pressure and burden from 'Gangnam Style' was." The singer Psy (39) released his seventh al···

?Make the VIP Uncomfortable, Be the First to Be Censored

According to an analysis, the Park Geun-hye government seems to be more thorough in censoring contents related to the president and her father (former President···

The World's Fate Lies on the UN Climate Change Conference?

From November 29 (local time) until December 11 can be the most important two weeks in the history of mankind. The United Nations Framework Convention fo···

[Editorial] The Incomprehensible Discourtesy of President Park on the Occasion of YS’s Funeral Ceremony

President Park Geun-hye did not attend the funeral ceremony for former President Kim Young-sam yesterday, which was conducted as a state funeral. Instead, she c···

Cohesion and Harmony’ to Achieve: A Challenge YS Left Behind on His Final Journey

On November 26, former President Kim Young-sam, commonly known as YS, found a final resting place. Kim led anti-dictatorship and pro-democracy struggles in h···

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The Korea Economic Daily(http://english.hankyung.com/)

Korea-Vietnam and Korea-New Zealand FTAs Ratified in Parliament

Together with the Korea-China free trade agreement, the National Assembly ratified on November 30 other FTA deals including those between Korea and Vietnam and Korea and New Zealand, as well as a free trade agreement in the investment and service sectors with Turkey. Once the free trade agreement wi...

Park-Putin Hold Summit Meeting to Discuss Rajin-Hasan Project and Other Common Issues

President Park Geun-hye, currently in Paris to take part in the annual Conference of Parties (COP) of the UN Framework on Climate Change, held a summit meeting with Russian President Vladimir Putin on November 30 to discuss ways for further cooperation between the two countries. The latest summit me...

E-Land Group Plans to Sell Kim’s Club

E-Land Group has decided to sell Kim’s Club, a grocery store chain with annual sales of 1 trillion won. This is part of E-Land Group’s strategy to improve its financial standing by liquidating non-essential business units, as well as to focus on overseas retail business and SPA fashion brands. E-L...

 

Hyundai and Kia Go All-out for Soft-landing of Their High-end Brand Genesis

Hyundai Motor and Kia Motors set 2016 as the year of qualitative growth and decided to launch an aggressive business drive. In order to soft-land their high-end brand Genesis, Hyundai Motor and Kia Motors plan to focus on the ensuring successful launch of the EQ900 while strengthening the brand iden...

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AJU Business Daily(http://eng.ajunews.com/korea)

S. Korea lowers MERS alert level to lowest

[AJU NEWS DB] Korean Ministry of Health and Welfare has lowered Middle East Respiratory Syndrome (MERS) alert level to its lowest, Tuesday. MERS patients were first recognized in Korea las…

Goyang City installs ‘Stop Smoking Bells’ in public areas

Stop Smoking Bell [Courtesy of Goyang City] Goyang City had installed “Stop Smoking Bells” in Non-smoking areas such as bus stops and parks. The City announced on Sunday. Total of 28 bells…

North Korea may have failed SLBM launch

[AJU NEWS DB] ? South Korean military suspected the test fire launching of North Korean submarine-launched ballistic missile (SLBM) which was scheduled on Saturday have failed. According to…

North-South plan Vice-Minister level talks in December

North and South Korea have agreed to hold talks at the vice-minister level next month in another attempt to improve their frosty ties. The vice-minister-level talks will be held on Dec. 11 at the industrial park in the North Korean city of Kaesong…

Former university professor jailed for forcing student to eat feces

[AJY NEWS DB] ? An expelled South Korean university professor was sentenced to 12 years in prison on Thursday for habitually beating his pupil and forcing him to eat

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ETNEWS(http://english.etnews.com/)

LG Starts Power Sale on Its TVs

LG Electronics made an announcement on the 30th that it will start ¡®LG TV Power Sale¡?, which will sell 30 different kinds of premium TVs suc...

Performance of South Korean Semiconductor and Display Equipment Industr...

As domestic foreign semiconductor element and display panel industries are aggressively extending their production lines this year, equipment industries are also receivin...

There Will Be Exchange Markets for Waste Electric Car Batteries

Because it is expected that there will be many old and junk batteries starting from 2018 due to expansion of supplies of electric cars, market standards to recycle ol...

South Korean Government Pushes for Development Project of First Quantum Computer

South Korean Government is pushing for a long-term project to develop Quantum Computer that is thousands times faster than Super Computer. It is planning to secure all of industries¡? capabilities in finance, medicine and communication by securing major Quantum Computer¡?s technologies that even give advanced countries hard time to develop. Accor...

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Special Notices:

Photo shows President Soon-Heung Chang of Handong Global University (fifth from left, front row) with ambassadors and other visiting members of the Seoul Diplomatic Corps (SDC), including Ambassador Mme Natallia Zhylevich of Belraus (dean of the visiting members of the SDC), fourth from left the same row With Ambassador and Mrs. Sylvestre Kouassi Bile of Cote d’ Ivoire (third and second from left, front row).

And Ambassador Roballo of Argentina (sixth from left, same row) and Ambassadors Mohamed Abdi Gello of Kenya (on the right of the rear row).

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“Why not try to change the world?”

Ambassadors, senior diplomats visit Handong Global University in Pohang

Ambassadors Natallia Zhylevich of Belarus, Kouassi Bile of Cote d’Ivoire, Jorge Roballo of Argentina and Mohamed Abdi Gello of Kenya and 20 other senior diplomats, including the charges d’affaires, visited Handong Global University in Pohang City on the Southeast Coast of Korea on Nov. 12, 2015 at the invitation of President Soon-Heung Chang of the University.

The tour, organized by The Korea Post, included also a visit to POSCO and a cruise ride around the harbor of the Pohang City.

The Korea Post has been organizing tours for the ambassadors and other senior members of the Seoul Diplomatic Corps for the past 30 years, but it must be said that the one hosted by Handong Global University is one of the most impressive in terms of the interest on the part of the host who met the guests with a true heart and warm welcome.

President Soon-Heung Chang of the University made such an excellent arrangement out of respect and special regard for the distinguished international guests by asking his Vice President Simon Kang(Administrative Affairs) and Professor JinwonAhn (School of Management and Economics) to come all the way from Pohang to Seoul to welcome and escort the ambassadors and other senior diplomats to comfortably visit his University.

The tour of the Handong Global University was a truly memorable one where many outstanding features of the University continuously surprised the visiting ambassadors and the other senior diplomats. For further details, visit:

/news/view.html?section=161&category=181&no=1119.

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