April 29, 2016

The Korean daily media headlines and humor

Friday, April 29, 2016

Your Excellency:

Here areThe Korea Postnoticesanda roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today:

/s/

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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Chairman Lee has a lot of up-to-minute hot information to be shared with Your Excellency. Do your esteemed country a favor and bring the two great countries closer together using Chairman Lee Kyung-sik of The Korea Post, who owns and operates five print and Internet news media, including Korean-languagewww.koreapost.co.kr, English www.koreapost.com and Korean-language newspaper http://pdf.koreapost.co.kr/14/1401.pdf. Use Chairman Lee and his five news outlets for the sake of your great country!

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Special notices:

Send your latest Embassy news releases toThe Korea Post for publication

Your Excellency:

Please transmit your latest press release(s) to edt@koreapost.com or korpost@chol.com for publication by the five media outlets of The Korea Post, including the Korean-language Internet newspaper (www.koreapost.co.kr), English website (www.koreapost.com) and the Korean-language newspaper (http://pdf.koreapost.co.kr/13/1301.pdf).

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman of The Korea Post

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A quick roundup of major news stories from Korean media:

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

UNSC Members Discuss N. Korean Missile-Launch Attempt

The United Nations Security Council(UNSC) is soon expected to issue a press statement to condemn North Korea for its attempts on Thursday to test-fire ballistic missiles.

Park Orders NSC to Maintain Readiness during Iran Trip

President Park Geun-hye has warned that if North Korea goes ahead with a nuclear test, it will be an unacceptable, grave provocation that compromises the security of Northeast Asia.

S. Korean, Russian Foreign Ministers Discuss N. Korea

Foreign Minister Yun Byung-se has met with his Russian counterpart and discussed immediate response measures by the United Nations if North Korea wages another provocation.

N. Korea Test-Fires 2 Musudan Missiles in Failure

S. Korea to Open Female Vocational Training Centers in Laos

Park: 5th Nuclear Test Cannot be Tolerated

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

Mega-hit Korean drama creates huge economic effect

South Korean national broadcaster KBS's latest smash-hit TV series has created a huge economic impact by contributing to exports, luring more foreign tourists and creating new jobs, a report showed Friday.

Actor Park Hae-jin to meet fans in Thailand in July

South Korean actor Park Hae-jin will take his upcoming Asian tour to Thailand in July, his publicist said Friday.

KT's Q1 net shrinks 23.3 pct

South Korea's telecom giant KT Corp. reported Friday that its first-quarter net profit dropped 23.3 percent from a year earlier on increased costs and slowing fixed-line telephony business.

'Y-Farm Expo 2016' opens to spearhead retire-to-farm movement

Yonhap News Agency, South Korea's key news service, on Friday kicked off an exposition designed to help urban dwellers retire to farms, providing visitors with various information on starting a new environment-friendly life.

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

Samsung proves resilience with earnings surprise

Tech giant Samsung Electronics has posted surprising earnings in the January-March period on the back of strong sales of...

Park warns against N.K. nuke test

President Park Geun-hye on Thursday warned North Korea against carrying out another nuclear tes...

Hyundai heir on mission to turn carmaker into 'mobility company'

This is the second of the two-part stories on what drove Hyundai Motor Group toward its 100-mil...

Park orders thorough probe into disinfectant case

President Park Geun-hye called Thursday for a thorough investigation into numerous deaths and i...

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

N. Korea's missile launch fails again 

North Korea test-fired what is presumed to have been a Musudan intermediate-range ballistic missile (IRBM) early Thursday from its east coast, but the launch ... 

Second Korean case of Zika linked to trip to Philippines 

The number of Koreans visiting the Philippines might significantly decrease following a second con... 

Coolest festival in town to run for 5 days 

The area near COEX in the Gangnam District of southern Seoul is being transformed into a huge stag...

Complaints grow in NK ahead of party congress 

Complaints and frustrations are increasing among North Koreans because the regime is forcing people to pay money and work night and day as part of preparation...

Will curtain rise on Busan film festival? 

Politicians are putting new spins on the conflict between the organizing committee of the Busan International Film Festival (BIFF) and city officials.

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

North Korea botches yet another missile test

The South Korean military authorities announced that North Korea appears to have botched the launch of a Musudan Intermediate Ran…

Chinese president vows to ‘fully implement’ U.N. sanctions on N. Korea

Chinese President Xi Jinping said Thursday that Beijing will “fully implement” United Nations sanctions against North Korea’s nuc…

Park Byong-ho blasted his fifth homer of the season

Park Byung-ho of the Minnesota Twins has blasted his fifth home run of the season.At a match against the Cleveland Indians held a…

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

2 More N.Korean Missiles Fizzle

North Korea fired a couple of medium-range ballistic missiles on Thursday, but the first crashed into the sea and the second also failed, according to military officials here. The Musudan missile is theoretically capable of hitting U.S. military bases on Guam in the West Pacific.

Seoul Warns It Will Ramp Up Cross-Border Propaganda

Seoul will step up its propaganda broadcasts at the border if North Korea conducts another nuclear test, it warned Thursday. "If the regime crosses the line with another nuclear test we'll step up measures that the regime finds uncomfortable" such as propaganda broadcasts, a senior official here said. The military wants to broadcast for longer and sharpen the messages. 

Korea Circuit to Host Int'l Supercar Race

Some 140 drivers will race each other in Ferraris, Lamborghinis, McLarens, Porsches and other supercars at the Asia Festival of Speed in Yeongam, South Jeolla Province in mid-May. AFOS is in its third year. The first race in 2014 drew just 10,000 spectators, but the 2015 event attracted 13,000.

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

To keep with the times, Dongdaemun merchants learning Chinese

Short programs allow merchants to learn useful expressions without being aware from their stores for long

Comfort women statue still a sticking point in S. Korea-Japan agreement

The governments of South Korea and Japan are at loggerheads about whether the agreement they reached on the comfort women on Dec. 28 of last year addresses the question of removing the statue symbolizing the comfort women from in front of the Japanese embassy in Seoul.On Apr. 27, Tokyo expressed the official position that the removal of the statue is implied in the agreement. Considering that this directly contradicts remarks President Park Geun-hye made during a luncheon the previous day with newspaper editors-in-chief and newsroom directors

One “last lullaby” as a pieta is unveiled as apology to Vietnam War victims

A scale model for a so-called “Vietnam pieta” was unveiled on Apr. 27 next to a comfort women statue in front of the Franciscan Education Center in Seoul.With a Vietnamese name meaning “last lullaby,” the 1.5-meter-high statue shows a mother cradling a baby in her arms. Actual bronze pieta statues based on the model are erected in Jeju’sGangjeong village and the BinhHoa area of Binh Son, a district in Vietnam’s QuangNgai Province.

North Korea’s recent rocket was same type as Dec. 2012 launch

It was confirmed that the long-range rocket that North Korea fired on Feb. 7 was essentially the same type of rocket as the Eunha-3 fired in Dec. 2012.“The long-range missile that was fired recently and the long-range missile that was fired in 2012 were found to be identical in all comparable respects, including the first-stage engine nozzle, the length and diameter of the middle stage and the acceleration motor that we recovered,”

North Korea announces Party Congress for May 6

North Korea formally announced on Apr. 27 that it will be holding its seventh Workers’ Party of Korea (WPK) congress on May 6.The congress, which Pyongyang said in October would be held sometime around “early May,” is the first in the 36 years since the sixth event in Oct. 1980. This year’s event comes amid heavy international sanctions on the North in the wake of its fourth nuclear test on Jan. 6.

Former US official differs with ruling party floor leader’s quest for nukes

The Saenuri Party’s floor leader is facing a backlash after advocating South Korea’s nuclear armament in an Apr. 27 meeting with a former US official.The comments by floor leader Won Yoo-cheol, who has made similar statements in the past, were the result of a single-minded focus on the North Korea threat while ignoring the fact that Washington’s basic East Asia policy position is opposed to nuclear proliferation. The official in question was also a specialist in nonproliferation and arms reduction..

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

Xi says he won’t stand for ‘war or chaos’ in Korea

Chinese President Xi Jinping said Beijing will not allow “war or chaos” on the Korean Peninsula at a regional foreign ministers meeting on Thursday amid heightened tension in the region as Pyongyang shows signs it may conduct another nuclear test…

Second Zika case slips by authorities; patient rests

A second Korean man was found to be infected with the Zika virus, but it took a week after his symptoms…

Gov’t gives tax incentives for R&D

The government unveiled a series of measures including tax benefits to encourage the private sector…

Phone mix pays off for Samsung

Samsung Electronics announced Thursday that it posted 6.68 trillion won ($5.87 billion) in operating profit…

HHI drops 60 executives as part of rebuilding

Hyundai Heavy Industries Group will cut 25 percent of executives from its shipbuilding affiliates…

30,000 more affordable housing units planned

As deposits on jeonse (lump-sum rental contracts) show little sign of easing, the government…

LS pursues new business in Japan, Germany

LS Group Chairman Christopher Koo is traveling halfway across the world this month to find a new growth engine for the company…

Posco signs deals to export its tech to Iran

Posco is looking to enter the Iranian market through exports of its proprietary technologies…

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

Japan Stresses that the Comfort Women Agreement Is an Exchange of 1 Bn Yen for the Demolition of the Comfort Women Statue: South Korean Government Claims, 'Arbitrary Interpretation'

The South Korean and Japanese governments are battling over the truth of whether last year's comfort women agreement includes the demolition of the comfort wom···

NIS 'North Korea Just Waiting for Kim Jong-un's Orders for a Nuclear Test'

On April 27, the National Intelligence Service (NIS) made a statement on the possibility of North Korea's fifth nuclear test and said, "They had practically c···

Prosecutors Question Shin Hyun-woo, Former CEO of Oxy, 'Unaware of Hazards... Apology to the Victims'

Prosecutors questioned Shin Hyun-woo (68), former CEO of Oxy Reckitt Benckiser (currently, RB Korea), which manufactured and sold the humidifier disinfectant th···

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

ACRC Reviews Plan to Revise Anti-bribery Law-mandated Gift Limit upward to 100,000 Won

The Anti-corruption & Civil Rights Commission is currently reviewing a plan to revise details of the so-called Kim Young-ran law, the anti-bribery law which will go into effect from September this year, including the upper limit of gifts' value to be received by public officials on occasions of trad... 

AIIB to Invest up to $1.5 Bil.in Asia SOC

The Asian Infrastructure Investment Bank, a Chinese version of the World Bank, plans to invest up to US$1.5 billion in the establishment of social overhead capital in Asia this year, the first year of its operation. Such investment will likely to be made mainly in Southeast Asian countries, includin...

Samsung C&T Reports Earnings Shock

Following the loss recorded in the fourth quarter of last year, Samsung C&T reported another loss for the first quarter of this year. In the January-March period of this year, Samsung C&T recorded more than 400-billion-won operating profit. This is an earnings shock, given that analysts had expected...

Tax Refund Stocks Gain Attention amid Evolution in Chinese Tourism

The preference of Chinese tourists visiting Korea is shifting from large group-based tour toward small groups or individuals traveling to enjoy Korean lifestyle. Domestic tax refund stocks are expected to benefit from this trend. In a report titled “Evolution in Chinese Tourism” issued on April 27...

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

Pyongyang faces tougher punishment despite humiliating missile test failure 

The wreckage of North Korea's long-range rocket fired in February.[Yonhap News Photo] North Korea faces tougher international punishment for provocative acts despite its humiliating … 

North Korea's failed test of second medium-range missile: South 

The wreckage of North Korea's long-range rocket fired in February.[Yonhap News Photo] ? North Korea carried out the second test of a suspected medium-range ballistic missile for two weeks Th… 

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

Samsung Electronics Looks at Generation beyond Smartphones

¡°In the future, phones won¡?t be just your daily devices but rather they will be a route that leads us to whole different experiences.¡± said President Ko Dong-jin of Samsung Electronics¡? Wireless B

SK Innovation to Increase Production Capability of Lithium Battery S...

SK Innovation is planning to increase production capability for LiBS (Lithium Battery Separator), which is a major component of a secondary battery, by 50%. Based ...

Yields of Samsung Display’s LCD Business to Stabilize Again in Second ...

Samsung Display is predicting that yields of its LCD business, which reduced greatly as it applied new method in last first quarter, will be normalized again sometime dur...

FUNNYLOVE: 100% made-in-Korea family looks boasting qua...

An online brand specializing in ¡°family looks,¡± FUNNYLOVE (www.funnylove.co.kr) is steadily gaining popularity. FUNNYLOVE started as a small off...

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MaeilBusinessNewsKorea (http://www.pulsenews.co.kr/ )

Galaxy S7 sales brighten Samsung’s Q1 earnings

Tech giant Samsung Electronics announced on Thursday its consolidated operating profit for the January-March period reached 6.68 trillion won ($5.86 billion), up 11.7 percent from a year ...

Troubles of Korean shipping sector translate into the banking sector

Domino insolvencies of mid-sized shippers from a prolonged global slump in the industry that even threaten viability of bigger ...

Samsung Electronics to buy back $1.8 bn worth shares

South Korea’s tech giant Samsung Electronics Co. will buy back its shares worth about 2 trillion won ($1.8 billion) in the ...

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The Korea Post is at your service.

The Korea Post is 31 years old this year and has 5 media units. They are all at your service.

The Korea Post, established 31 years ago in 1985, operates five news media outlets, two in the Korean language and three in English. They are all at your service. You can email all your English and Korean press releases and feedback for free publication to edt@koreapost.comor korpost@chol.com. The five media outlets are:

(1) A Korean print newspaper (http://www.koreapost.co.kr/pdf/list.php),

(2) A Korean Internet (www.koreapost.co.kr),

(3) An English Internet (www.koreapost.com),

(4) An English print monthly (http://koreapost.koreafree.co.kr/magazine/index.html), and

(5) An English e-daily (/rankup_module/rankup_notice/notice_list.html)

Send your news releases and feedback:

Send the Embassy news releases to edt@koreapost.comfor publication by all its five media units, including one Korean (www.koreapost.co.kr) and one English (www.koreapost.com) Internet dailies, which are updated real-time.(Call 010-5201-1740 for further details.)

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Humor from a kind-hearted former Central Asian ambassador:

Who is poor?

A wealthy woman goes to a saree store and tells the boy at the counter, "Bhaiya, show me some cheap sarees. It is my son's marriage and I have to give to my maid."

After sometime, the maid comes to the saree shop and tells the boy at the counter, "Bhaiya, show me some expensive sarees. I want to gift my Mistress on her son's marriage."

Poverty is in the mind or in the purse?

Who is rich?

Once, a lady with her family was staying in a 3-star hotel for a picnic. She was the mother of a 6-month-old baby.

"Can I get 1 cup of milk?" asked the lady to the 3-star hotel manager.

"Yes, madam," he replied.

"But it will cost 100 bucks."

"No problem," said the lady.

While driving back from hotel, the child was hungry again.

They stopped at a road side tea stall and took milk from the tea vendor

"How much?” she asked the tea vendor.

"Madam, we don't charge money for kid's milk," the old man said with a smile.

"Let me know if you need more for the journey."

The lady took one more cup and left.

She wondered, "Who’s richer? The hotel manager or the old tea vendor?”

Sometimes, in the race for more money, we forget that we are all humans.

Let's help someone in need, without expecting something in return.

It will make us feel better than what money can.

Coffee never knew that it would taste so nice and sweet, before it met milk and sugar.

We are good as individuals but become better when we meet and blend with the right people...

Stay connected.

"The world is full of nice people... If you can't find one... Be one.

(Editor’s note: Contribute the humor of your country or region and help your incumbent and former colleagues in Korea chuckle and remember you. Send the traditional and/or current humor of you country or region to edt@koreapost.com or korpost@chol.com to be shared with your colleagues and Korean friends.)

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