Mar. 11, 2016
The Korean daily media headlines and humor
Friday, Mar. 11, 2016
Your Excellency:
Here are The Korea Post news and 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.
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President Park Geun-hye opens new office building of North Gyeongsang Province
With Governor Kim, Ambassador Malung, other dignitaries
President Park Geun-hye said that the Gyeongsangbuk-do Province has been playing a pivotal role in the development of the Republic of Korea and expressed her hopes that the relocation of the capital city of the Geyongsangbuk-do Province from Daegu to Andong City would contribute to the balanced development of not only the region but also the entire Republic of Korea. Then she said that relocation of the provincial capital would provide the people of the province with all the better living environment and happiness.
Speaking at the Opening Ceremony of the New Office Building of the Gyeongsangbuk-do Province in the Andong City, some 134 miles southeast of Seoul, on March 10, 2016 President Park said that specialized industries could be developed in the Gyeongsangbuk-do area fitting to the specific characteristics and requirements of the region as well as promotion of the traditional culture of the region.
The ceremony was attended by the leaders of the central and local governments, members of the Seoul Diplomatic Corps and prominent figures from the Korean society.
It began with a welcome speech by Governor Kim Kwan-yong of the Gyeongsangbuk-do Province. Kim said in part: “The Gyeongsangbuk-do Province is boldly moving out into the world. Based on the long history and excellent cultural assets, we have been performing a principal role in the national development and internationalization of Korea. Our province has been and is the center for the spiritual culture of Korea as seen in the Spirit of the Young Hwarang Warriors of the Silla Dynasty, the gentlemanship inherent in the local people, the safeguarding of the state and the Saemaeul New Community Movement.” (See excerpts from his speech at the end of this Article.)
President Park Geun-hye took special interest in the welfare and development of the province seemingly from the close relationship that she and her deceased parents had had with the region, which, in fact, has been considered the ‘power-seat’ region of President Park and her father.
In particular, she said in her impressive speech that the government will provide support and assistance for balanced development of the region and a new big leap forward through establishment of various industrial bases such as a Renovation Center for Creative Economy and a Regulation-free Zone that fits various strategic industrial strategies of the provincial region. (For further details, please visit: www.koreapost.com.)
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A quick roundup of major news stories from Korean media:
KBS (http://world.kbs.co.kr/english/news/)
N. Korean Leader Calls for More Nuclear Weapons Tests
North Korean leader Kim Jong-un has made it clear that his regime will continue to conduct more atomic tests and...
Seoul Nuclear Envoy: Time to Focus on Sanctions on N. Korea
S. Korean Figure Skater Wins Cup of Tyrol
Seoul Nuclear Envoy: Time to Focus on Sanctions on N. Korea
Gov't Denounces N. Korea's Declaration to Liquidate S. Korean Assets
Park: N. Korea Targeting S. Korean Gov't, People
Oceans Ministry Kick-Starts Drone Program
KOSPI, KOSDAQ Advance
Foreign Currency Deposits Fall to Lowest in 23 Months
N. Korea Declares Inter-Korean Economic Agreements Null and Void
N. Korea Claims Small Warheads with Photos
N. Korea Claims to Have Nuke Warheads
RFA: Senior N. Korean Envoy Visited Russia Before UN Sanctions
UN Chief Urges N. Korea to Adhere to UNSC Resolution
N. Korean Leader Calls for More Nuclear Weapons Tests
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Yonhap (http://english.yonhapnews.co.kr)
Park's regional tour focused on economy: presidential spokesman
President Park Geun-hye's latest trip to her political powerbase of Daegu was focused on the economy, not politics, an official said Friday.
Daewoo Shipbuilding given option to sell more stocks
Shareholders of Daewoo Shipbuilding & Marine Engineering Co., a troubled shipbuilder, on Friday approved a proposal to amend the company's articles of association in order to further increase new stock sales.
Singer Jun Jin to join KCON Japan
South Korean singer Jun Jin has been added to the star-studded line-up of this year's KCON Japan, his publicist said Friday.
Hyundai Motor to intensify efforts to improve shareholder interests
Hyundai Motor Co., South Korea's largest carmaker, said Friday that it will intensify efforts to enhance the interests of its shareholders this year through transparent and responsible management.
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The Korea Herald (http://www.koreaherald.com)
North Korean leader orders more nuclear tests
North Korean leader Kim Jong-un has ordered his officials to get ready to carry out nuclear attacks and conduct more nuc...
The science of conservation
Since 1964, some 120 pottery pieces have been kept in national artifact storage with other reli...
Inter-Korean ties hang by thread
Relations between the two Koreas appear to be hanging by a thread as Pyongyang declared plans t...
Samsung starts Galaxy S7 smartphones sales in Korea
Samsung Electronics started selling its latest high-end smartphones -- Galaxy S7 and the Galaxy...
Lula charged in money laundering probe
Brazilian state prosecutors on Wednesday filed money laundering charges against ex-pre...
Iran summit needed
South Korea’s two major flag carriers have engaged in a tight rivalry to garner exclusive a...
Pact with Putin
In November 2013, President Park Geun-hye held a summit with Russian President Vladimir Pu...
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The Korea Times (http://www.koreatimes.co.kr)
Kim Jong-un orders more nuke tests in readiness for nuclear attacks
North Korean leader Kim Jong-un ordered his military officials to get ready to carry out nuclear attacks and conduct more nuclear tests, the North's state media said Friday. Kim stressed the need to further develop nuclear weapo...
OKTA will expand Korea's global footprint
SINGAPORE - The head of the World Federation of Overseas Korean Traders Associations (World-OKTA) ...
N. Korea's provocations reflect Kim's nervousness
North Korea’s continuous provocations reflect its leader Kim Jong-un’s nervousness over internatio...
Confusing rules leave foreign schools unsupervised
Confusing regulations on foreign schools have left them mostly unsupervised by local education authorities, enabling irregularities in the management of schoo...
Audi protester claims airbag did not work
An Audi vehicle owner has been protesting for more than a week by leaving his half-destroyed car i...
Murder victim 'had chopstick and spoon jammed in mouth'
An African man who has applied for refugee status killed an employee at a PC cafe in Gwangju on We...
UN panel press Japan over sex slavery
A U.N. panel on women’s rights has asked Japan to offer a sincere apology for its sexual enslavement of women before and during World War II.
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DongAIlbo (http://english.donga.com)
Beijing to inspect all air cargo from and to North Korea
China is strengthening sanctions on cargo leaving and entering North Korea by land, sea and even air to implement United Nations …
Korean novelist shortlisted for Man Booker International Prize
Korean novelist Han Kang, 46, has become the first Korean writer to be longlisted for the prestigious Man Booker International Pr…
Kim Jong-in’s overhaul drive fizzles out
The line-up for the April 13 general elections is becoming clearer with the nomination process of the ruling and opposition parti…
Korea mulls quota for screening domestic art films
The government plans to introduce a system for mandating movie theaters to fill part of their screening time with domestic arthou…
Samsung Electronics to launch phone upgrade scheme
Samsung Electronics will launch "Galaxy Club," a new phone upgrade plan, on Friday when its new flagship Galaxy S7 models go on s…
'China will not sit idle,' says foreign minister Wang Yi
China's Foreign Minister Wang Yi said Tuesday China won't adhere to six-way talks to resolve Korean Peninsula issues including th…
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ChosunIlbo (http://english.chosun.com)
N. Korea to Liquidate S. Korean Assets
North Korea on Thursday lambasted South Korea's decision to pursue its own sanctions against the North and vowed to liquidate South Korean assets in the Kaesong Industrial Complex and Mt. Kumgang. >> Full Text
N. Korea Lobs Short-Range Missiles into East Sea
North Korea fired two short-range missiles into the East Sea on Thursday in a show of protest against the ongoing joint military drills between South Korea and the U.S., the Joint Chiefs of Staff here said. The missiles are presumed to be Scuds. >> Full Text
Computer Beats Go Champion Again
Baduk or go champion Lee Se-dol was defeated again on Thursday by Google DeepMind's proto-artificial intelligence program AlphaGo. Lee conceded defeat in the second round of a best-of-five match at the Four Seasons Hotel in Gwanghwamun, Seoul. >> Full Text
Korea, U.S. to Stage Drills with Commonwealth Countries
Korean Flag Carriers Vie for Flights to Tehran
U.K. Slaps More Sanctions on N. Korea
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HankyorehShinmoon (http://english.hani.co.kr)
S. Korea and US butting heads with China and Russia over tensions
Source of contention is Seoul’s choice to tackle nuclear issue through sanctions alone, without dialogue
The governments of South Korea and US on one side and China and Russia on the other have been moving in different directions since the United Nations Security Council (UNSC) adopted Resolution 2270 imposing what have been called the strongest sanctions in history against North Korea. With Seoul and Washington focusing on pressuring Pyongyang with joint military exercises and their own independent sanction plans, Beijing and Moscow are sounding the alarm over tensions on the Korean Peninsula.
More multicultural youths stuck out of education, employment or training
One out of every five youths (15 to 24 years old) in multicultural families in South Korea are neither going to school nor working, a recent study shows. Such people are referred to as “NEETs,” an acronym for “not in education, employment or training.”While the number of children in multicultural families has increased around eight-fold over the past 10 years, this suggests that many of them have been unable to fully adjust to South Korean society.
US seeking to cool speculation about peace agreement with Pyongyang
Seoul and Washington are moving to counter speculation about possible US discussions of a peace agreement with North Korea and differences with South Korea on North Korea policy in the wake of a meeting in Washington late last month between US Secretary of State John Kerry and Chinese Foreign Minister Wang Yi.Speaking at a Feb. 23 press conference after the meeting, Kerry responded to Wang‘s idea for pursuing denuclearization together with discussions toward a peace agreement by saying, “What we need is for the DPRK to understand that it can . . .
North Korea talks about shoring up nuclear ability
North Korean leader Kim Jong-un’s remarks on Mar. 9 about the North “achieving nuclear warhead standardization” picked up where Pyongyang left off in remarks made after its third nuclear test in Feb. 2013. At that time, it said it had “carried out [the test] safely and perfectly using a miniaturized, lightweight atomic warhead.” In May 2015, it said its “nuclear strike means have long since earned the stage of full-scale miniaturization and diversification.
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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)
Machine 2, human 0 in Go series
Lee Se-dol, left, a Go champion competing against Google DeepMind’s computer program AlphaGo, and Demis Hassabis, CEO of Google DeepMind, speak to the press after the second match in a series of five...
Park visits Daegu just 5 weeks before election
A little over a month ahead of April’s general election, President Park Geun-hye headed to Daegu, where many of her loyalists are planning to run…
North shoots 2 missiles, seizes South’s assets
North Korea fired two short-range ballistic missiles into the sea off its east coast early Thursday and declared it was liquidating all South Korean assets…
Samsung’s cheapest S7s go on sale today
Samsung Electronics’ next-generation flagship smartphones, the Galaxy S7 and S7 Edge, go on worldwide sale today as much as 88,000 won…
Ship and air links to Iran are slowly being reknit
Sea and air routes between Korea and Iran will be normalized following the lifting of economic sanctions.…
AlphaGo’s win sparks interest in AI companies
Interest in artificial intelligence (AI) soared on Thursday after Korea’s famed Go player Lee Se-dol lost his second match against Google’s AI computer algorithm AlphaGo…
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The KyunghyangShinmoon(http://english.khan.co.kr/)
[A Game of Go: Lee Se-dol vs.AlphaGo] Artificial Intelligence Defeats Man
* Lee Se-dol resigns after 186 moves in the first match against AlphaGo * AlphaGo team, "We landed it on the moon!" It sent shivers down one's spine. It ···
[A Game of Go: Lee Se-dol vs. AlphaGo] Shocking! An Event that Requires an Exclamation Point
* After watching the match between Lee Se-dol and AlphaGo What a shock: Lee Se-dol resigns the match! This incident deserves an exclamation point like this. ···
[Government Releases Separate Sanctions Against North Korea] Rajin-Khasan Project Suspended: Government Plays All Cards Except for Military Response
On March 8, the South Korean government designated forty individuals and thirty organizations of North Korea and a third country involved in the development of ···
UN Criticizes South Korea and Japan’s Comfort Women Agreement
The United Nations (UN) Committee on the Elimination of Discrimination against Women released its position on the comfort women agreement signed by South Korea ···
'Party for Women' Where Did the Pledge Go?
President Park Geun-hye announced several pledges concerning women during the last presidential election and cried out the slogan, "a world where women are pro···
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The Korea Economic Daily (http://english.hankyung.com/)
BOK Keeps Interest Rate Unchanged in March...Takes Wait-and-see Attitude
The Monetary Policy Committee of the Bank of Korea has decided to keep the interest rate unchanged in its March meeting. This is nine months in a row in which the central bank monetary authorities maintained the current interest rate level since July last year. The committee held a regularly schedul...
Top 30 Business Groups to Expand Investment despite Tough Situations
Korea’s top-30 business groups, including Samsung, Hyundai Motor, SK, and LG, decided to increase their R&D spending by 5.2 percent this year compared to a year ago. Despite expectations that the business environment will get more difficult this year, they decided not to stop preemptive investment...
Household Debts Surge 3 Tril. Won Last Month
Despite the Korean government’s measures to keep household debts in control, the debt balance continued upward trend last month. According to the Bank of Korea on March 9, the banking industry’s balance of household debts amounted to 644.2 trillion won at the end of last month, up by 3 trillion wo...
[Market Insight] Bidding War Surrounding Logen Co. Gets under Way
A bidding war surrounding Korea's No. 4 package delivery company Logen Co. is under way quietly. Ahead of the preliminary bidding to be scheduled on March 17, global delivery companies like DHL and UPS have selected legal advisors. According to investment banking sources on March 10, DHL and UPS hav...
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AJU Business Daily(http://eng.ajunews.com/korea)
South Korean actor Song comes back to Japanese fans
South Korea actor Song Il-gook will come back to Japanese fans, years after televisions there blurred his name for his involvement in a thorny territorial …
[UPDATES] Crusty Pyongyang fires missiles, freezes South Korean assets
North Korea's state control center screen shows a rocket launch[Courtesy of Xinhua News] North Korea went crusty Thursday, firing missiles into the sea and unveiling punitive steps to shatt…
Pyongyang imports surveillance and detection devices: Amnesty
[Courtesy of Xinhua News] Amnesty International on Wednesday accused North Korea of importing modern surveillance and detection devices to tighten its stranglehold on the use of communication t…
North Korea claims to have miniaturized nuclear warheads
[Courtesy of Xinhua News] ? North Korean leader Kim Jong-Un praised scientists for having miniaturized nuclear warheads successfully to fit on ballistic missiles and create a "true" deterrent, s…
South Korea bans entry of third-country ships from North Korea
[Aju News DB] Any third-country cargo ships coming from North Korea will not be allowed to enter South Korean ports as a follow-up to fresh sanctions imposed by the
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ETNEWS(http://english.etnews.com/)
Semiconductor Industry to Already Go through Negative Growth in 2016
Global semiconductor market is recording a negative growth rate already in this year due to slow growth of Chinese economy and oil producing companies¡? econ...
Saean Releases Luxury Electric Sports Vehicle
Electric sports vehicle (model name: ED-1) that is manufactured by Saean (CEO Lee Jung-yong) was introduced for the first time on the 10th.
Flexible OLEDs for Automotive Are Still under Process of Developmen...
Although there is a huge amount of interests on markets for OLED for automotive, display industry is having difficulties to keep up with high performance level. Because...
Store Price of Galaxy S7 to Be Lower Than Store Price of Galaxy S6
Samsung Electronics is going to release Galaxy S7 and S7 Edge on the 11th. Store prices of Galaxy S7 32GB and Galaxy S7 64GB are going to be$694 (836,000 KRW) and $730 (880,000 KRW) respectively whil
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MaeilBusinessNewsKorea (http://www.pulsenews.co.kr/ )
Johnson & Johnson to hold strategy meeting in Seoul
Reflecting the rising power of the Korean biomedicine and healthcare sector, global pharmaceutical behemoth Johnson & Johnson is ...
Korean restaurant community in a bustle as mysterious Michelin visitors drop by
The mysterious inspectors from the Michelin Guide, the world’s oldest and the most recognized reference to dining out run by ...
AlphaGo’s first win against Korean champion opens new chapter in AI
The first stunning win by the strongest Go software ever to be developed against the best living player in one of the ...
S. Korea’s Dongbu Steel creditors opt to sell off Dangjin plant’s hot-rolled
Creditors of Dongbu Steel Co., a cash-strapped steel manufacturer of South Korea, decided to separately sell off the company’s ...
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