Dec. 7, 2015
The Korean daily media headlines and humor
Monday, Dec. 7, 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 Urges Ruling Party Leadership to Handle Economy-Related Bills
President Park Geun-hye met with the leadership of the ruling Saenuri Party on Monday and called for the swift passage...
S. Korea, US, Japan Agree to Strongly Deter N. Korean Provocations
New Korean CPR Guidelines Call for Chest Compression without Rescue Breathing
Political Camps Differ on Mass Anti-government Protest Saturday
NPAD Begins Efforts to Change Name
NPAD Accepts AhnCheol-soo's Reform Proposal
KOSPI Drops on Foreign Investors' Offloading
Finance Minister Calls for Reform of Social Insurance System
Government Debt Could Reach 38% to 62% of GDP in 2060
N. Korea Calls for End to Koreas' Confrontation in Political Systems
FAO Designates N. Korea as Food Emergency Country
Defectors' Satisfaction Drastically Falls After 10-years in South
S. Korea, US, Japan Agree to Strongly Deter N. Korean Provocations
US Police Discover Bombs, Ammunition at Home of San Bernardino Shooters
S. Korea, US, Japan Envoys Discuss North's Nuclear Program
Gov't Enshrines S. Korean Soldiers Killed During Korean War
310,000 Senior Citizens Newly Registered as Basic Pension Recipients
Study: Husbands, Wives Share Similar Diseases
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Yonhap (http://english.yonhapnews.co.kr)
U-23 football team opens training camp for Olympic qualifying tournament
The South Korean men's under-23 football team opened its training camp Monday in preparation for the Olympic qualifying tournament set next month.
Top policymakers urge passage of biz reform bills
South Korea's top policymakers called Monday for the speedy passage of business reform bills that they claim are critical for reviving the sluggish economy.
Court acquits civilian diver over colleague's death during Sewol tragedy
A local court on Monday acquitted a civilian diver accused of professional negligence over the death of his colleague during search operations around the sunken Sewol ferry.
Samsung unit to sell 1.2 tln won worth of shares
Samsung Engineering Co., the plant engineering unit of South Korea's top conglomerate Samsung Group, said Monday that it plans to raise 1.2 trillion won (US$1.03 billion) by selling new shares in a bid to improve its financial status.
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The Korea Herald (http://www.koreaherald.com)
Obama to urge Americans not to give into fear of terrorism
In a rare Oval Office address, President Barack Obama on Sunday night will urge Americans not to give into fear followin...
SKT’s merger plan enrage rivals
Mobile carrier SK Telecom’s desire to increase its presence beyond the mobile network industry...
Antigovernment rally ends in peace
On Saturday afternoon, tens of thousands of protestors peacefully marched through central Seoul...
Grotesque exposure of human condition
A figure, half-woman, half-bird, sits helplessly as if she has failed at several attempts to fl...
Matter of degree: Temperature
In climate math, the difference between 1.5 and 2 degrees is much greater than 0.5.Small nations say that...
Protest culture
Thousands of people from more than 100 labor, civic and farmers’ groups held a rally in the...
Fate of bar exam
Last week, the Ministry of Justice committed a folly typical of an immature government. It a...
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The Korea Times (http://www.koreatimes.co.kr)
Downsizing sweeps major companies
A growing number of major companies are slashing employee wages, dismissing older workers and refraining from hiring new ones in the face of unfavorable busin...
Indonesia to help Korea's expansion into ASEAN
Indonesia will provide opportunities for South Korea to expand its business ties with ASEAN, a vis...
Reliever Oh faces summons over gambling
The prosecution will reportedly summon Korean reliever Oh Seung-hwan, 33, this week to question hi...
Hyundai names Ioniq for eco-friendly fleet
Hyundai Motor has added the Ioniq to its fleet of hybrid and electric vehicles. The name combines ...
Meet Korea's tech-savvy older citizens
Korea's middle-aged and older population, who have a certain level of income and actively pursue t...
Year-end gatherings go 'Gangnam Style'
Gangnam is Seoul’s most popular area for year-end festivities, analytics show.
Korea becomes subcontractor factory of Chinese capitals
Formerly, Korean businesses relocated their manufacturing plants to China to make the most of cheap labor. Now, Chinese capitals are using Korean firms as sub...
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DongAIlbo (http://english.donga.com)
Paris attacks network is said to have U.K. links
The U.K. is put on emergency as it was observed that at least one suspect involved in the Paris attack is staying in the U.K. The Guardian reported on Saturday, citing counter-terrorism officials that “One of the...
Talks over constituencies falter with 8 days before candidate registration
The April 2016 general elections are fast approaching, but related laws have yet to be defined. Registration of preliminary candidates for the general elections will start on December 15, but rival parties have failed...
Personal obituary of Scott Weiland
The Joker in `Dark Night (2008)` and Eric Draven in `The Crow (1994)` strikingly resemble one another in every aspect. Both actors even died at an early age. Heath Ledger (1979-2008), who played the Joker, died of drug...
Korea wins bronze medal at Bobsleigh World Cup
The Korean bobsleigh team comprising Won Yoon-jong (30) and Seo Young-woo (24), who acquired the bronze medal at a World Cup for the first time in the two-man competition last month, have garnered the bronze in two...
Jogye Temple in trouble due to Han with no intention to end his refuge
Jogye Temple is beset by worry as Han Sang-gyun, the head of the Korean Confederation of Trade Unions (KCTU), is not leaving the sanctuary even after the date (Dec. 6) when temple’s Buddhist association demanded him to...
Samsung Electronics unveils Galaxy A in China
Samsung Electronics has announced Thursday that within two weeks, it will roll out the three models of the 2016 "Galaxy A" (pictured), a low-and mid-priced smartphone, allowing the use of its mobile payment service...
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ChosunIlbo (http://english.chosun.com)
Korean Women Have Children Later Than Anywhere Else
Korean women have their first child later in their lives than women in any other country. And as more and more Korean women put off marriage until they grow older, an increasing number are opting to have no children at all. >> Full Text
Korea to Develop Stealth Attack Drone
Seoul hopes to develop an unmanned stealth attack aircraft that can carry out precision strikes on North Korea's long-range artillery and mobile missile launch vehicles, according to a source. The military source said the government has selected 31 defense projects for research until next year. >> Full Text
Punters Lap Up Cheaper Coffee
The coffee market in Korea is heating up as even convenience stores are getting into the business by selling brewed coffee at affordable prices. Convenience store chain 7-Eleven recently started selling freshly brewed coffee for just W1,000 a cup. >> Full Text
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HankyorehShinmoon (http://english.hani.co.kr)
Instead of violent protest, a “masked ball” breaks out in the heart of Seoul
Protesters find clever ways to poke fun at ruling party’s mention of terrorism and push to ban face coverings
A national rally held on Dec. 5 for the recovery of injured farmer Baek Nam-gi and the “restoration of democracy and welfare” saw citizens flooding the streets in masks of various shapes and colors. The marchers prepared their own masks as a response to efforts by the administration and ruling Saenuri Party (NFP) to pass legislation banning face coverings. The event ended up a “masked ball” of sorts in downtown Seoul, as the masked participants marched to the sounds of singing and folk music played by farmers.
An economic “punching bag”? South Korea taking hits on all sides
With South Korea losing its advantage over its trading rivals - China in the area of technological edge and Japan in the area of price competitiveness - there is increasing fear that the country is being reduced to a punching bag that is taking hits from both sides.On Dec. 6, the Federation of Korean Industries (FKI) released the results of a survey of 30 organizations and associations in leading domestic industries - including semiconductors, automobiles, machinery, steel, and petroleum - that compared the competitiveness of South Korea, China, and Japan. .
Critical article earns The Nation a creepy call from the S. Korean general consulate
The South Korean consulate general in New York City called and emailed The Nation magazine to protest an article it had printed criticizing the Park Geun-hye administration’s demonstration suppression tactics, a journalist is claiming. Tim Shorrock, the freelance contributor who wrote the piece, posted the allegations on his Facebook page on Dec. 4. Shorrock wrote a piece that ran in the weekly’s Dec. 1 edition titled “In South Korea, a Dictator’s Daughter Cracks Down on Labor.” .
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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)
Anti-gov’t rally is a model of peaceful protest
More than 10,000 antigovernment demonstrators peacefully marched through central Seoul Saturday for the second demonstration in a month against the Park Geun-hye administration and its policies. In contrast to expectations that the gathering would turn violent like on Nov. 14,...
Ahn refuses to retract call for an NPAD convention
Opposition Rep. Ahn Cheol-soo gave party leader Moon Jae-in an ultimatum on Sunday to accept his demand for a party convention to elect a new leadership for the party…
Hanwha heir apparent is promoted
Kim Dong-kwan, the eldest son of Hanwha Group Chairman Kim Seung-youn, has been promoted to executive vice president of Hanwha Q Cells less than a year…
Shunned borrowers have new friend in web banks
People marginalized by major financial institutions because of their low credit rating - such as housewives and university students who don’t have regular incomes…
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MaeilKyungje (neutral-oriented conservative, economic/business): (http://news.mk.co.kr/english/)
Fixed-income securities look more promising next year
Given the global economic fundamentals, fixed-income securities seem to be more promising than equities next year, said Michael G. ...
LG Electronics to move European head office from London to D?sseldorf
South Korea’s LG Electronics Inc. will move its European head office from London, U.K,, to D?sseldorf, Germany, to bolster ...
Shinhan Investment caught up in face-losing naked short sale attempt on EO
Shinhan Investment, a unit of Shinhan Financial Group, is under fire for its dubious involvement in a possibly naked short sale ...
New display emitter likely to replace LED and OLED
A Korean research team led by Lee Tae-woo at POSTECH has successfully developed a perovskite light emitting diode (PeLED) that could ...
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The KyunghyangShinmoon(http://english.khan.co.kr/)
After 22 Days of Absence, DPRK’s Hwang Pyong-so Is Still Strong
There were rumors that something must have happened to North Korean official Hwang Pyong-so (66, photo), director of the Korean People’s Army General Political···
Court Says “The Police Must Not Prejudge Violence and Damage,” Preventing Abuse of Public Authority
The court decided that the Second General Rally of the People should be allowed because the police’s notice to ban the massive rally was against the Constituti···
[Paris Climate Change Conference] Renewable Energy Accounts for Only 1.1% in South Korea: The Lowest among OECD Countries
South Korea had the lowest proportion of renewable energy in its total energy supply among the thirty-four member countries of the Organization for Economic Coo···
The Kindergarten Lottery: A Battle for Childcare?
At 2:30 p.m. on December 2, public kindergartens in Seoul all selected its students by lots. I arrived thirty minutes early, but the audio-video room of ···
[Kim Sang-jo's Comments on the Economy] Entrepreneurship after 'Have You Tried It?'
Last week, there were celebrations throughout all Hyundai affiliates in commemoration of the centennial anniversary of the birth of the late Honorary Chairman C···
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The Korea Economic Daily(http://english.hankyung.com/)
Health Insurance Fund Surplus Reaches 17 Tril. Won
This year's surplus in the national health insurance scheme is estimated at about 3 trillion won. This is largely due to people's increasing reluctance to visit doctor's office even when they are sick coupled with a lowered incidence of new cancer patients. According to the National Health Insurance...
KDB to Inject 450 Bil. Won New Fund into STX Shipbuilding
The Korean government and the Korea Development Bank decided to inject an additional fund of 450 billion won into the debt-ridden STX Shipbuilding. This is interpreted as a move for the government to let all of the nation's financially weak shipyards live, including Daewoo Shipbuilding & Marine Eng...
Hyundai Glovis Becomes Nation's Largest Logistics Firm
Hyundai Glovis, a logistics arm of Hyundai Motor Group, is expected to achieve the export of US$5,366.3 million this year, up 12 percent from the previous year. The improved performance is largely due to a higher export figure for knock-down car kits, complete cars, and sea freights. Despite the sev...
Korea Not in Sandwiched Position but in Sand-bagged Position
Unlike the past decade when Korea stayed ahead of China in technological competitiveness and Japan in price competitiveness, the nation now appears to be in a sand-bagged position rather than being sandwiched due to China's rise in technological development and Japan's advantage from the weak yen. T...
Dongkuk S&C Biggest Beneficiary of U.S. Solar Market Boom...HI Investment
HI Investment & Securities said on December 7 that Dongkuk S&C would be the biggest beneficiary of the resurgence of the U.S. solar power market and began the coverage on the stock by proposing a target price of 5,800 won. Gil Jae-shik, analyst of HI Investment, said, "The rising installed capacitie...
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AJU Business Daily(http://eng.ajunews.com/korea)
Korean men do least housework among OECD countries
[Namkoong JIn-woong=timeid@ajunews.com] According to a study result by Korean National Statistical Office, released on Monday, Korean male does 45 minutes of housework daily. The hours were t…
S. Korea military to develop stealth UAV
Grey Eagle Attack UAV [Courtesy of General Atomics] ? South Korean Military plans to develop Unmanned Aerial Vehicle (UAV) as a form of counter attack to North Korea’s long-range artillery, th…
South Korean activists protest labor policies in peaceful weekend rally
Tens of thousands of activists peacefully marched through downtown Seoul on Saturday for the second massive rally in less than a month to protest against the governm…
President Park May Name New Finance Minister Next Week
[Courtesy of Blue House] Speculation is heating up who will be South Korea’s new finance minister. South Korea’s leading newspapers reported on Friday President Park Geun-hye is expected t…
Korean men more likely to die of cancer than women
[AJU NEWS DB] Korean men’s life expectancy has closed its gap with the women’s over the years but still, they are more prone to cancer compared to women. The Korean
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ETNEWS(http://english.etnews.com/)
South Korean Venture Company Develops Force Touch Technology
Force Touch technology that provides new user experience (UX) by recognizing strength of force that is exerted when Smartphone screen is pressed is developed for...
Inexpensive South Korean Sports Drones Will Be Released in 2016
Inexpensive South Korean sports drones that cost between $172 and $258 (200,000 KRW and 300,000 KRW) will be released in 2016. They are ideal for ¡®D-...
Google Uses South Korea’s Charging Technology for Development of Self-D...
It is confirmed that South Korean medium to small-sized business¡?s charging infrastructure for electric car is being used for Google¡?s project of de...
Security Experts Tend to Believe More of Foreign Analysis than Government Announcement on Potential Hacking from North Korea
Although number of potential hackings from North Korea is increasing, it appears as even experts in information protection do not trust related information. Although they are vigilant in North Korea¡?s capabilities in cyber warfare, they are very suspicious of governmental abuse.
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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 MmeNatalliaZhylevich of Belraus (dean of the visiting members of the SDC), fourth from left the same row With Ambassador and Mrs. SylvestreKouassi 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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The Korean daily media headlines and humor
“Why not try to change the world?”
Ambassadors, senior diplomats visit Handong Global University in Pohang
Ambassadors NatalliaZhylevich 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,
/news/view.html?section=161&category=181&no=1119.
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