The Korean daily media headlines and humor
The Korean daily media headlines and humor
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May 10, 2016

TheKorean daily media headlines and humor

Tuesday,May 10, 2016

Your Excellency:

Here are The KoreaPost notices and a roundup of important headlines from all major Korean-languagedailies, TV and other news media of Korea today:


Lee Kyung-sik


Korea Post Media

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Aquick roundup of major news stories from Korean media:


KimJong-un Named WPK Committee Chairman

North Korea’sWorkers’ Party of Korea(WPK) finished its four-day congress on Monday, namingKim Jong-un to a newly-created highest position of the party.

Park:N. Korean Nuclear Proclamation Threatens World Peace 

President ParkGeun-hye has addressed North Korea’s self-declaration as a nuclear weaponsstate, saying that it poses a threat to peace and stability on the KoreanPeninsula and around the world.

S.Korea’s Male Smoking Rate Drops Below 40%

Recentstatistics show that the smoking rate for South Korean men fell below the 40percent mark for the first time since officials began compiling related data in1998.

Park:N. Korean Nuclear Proclamation Threatens World Peace

N.Korea Expels BBC Journalist for Disrespectful Reporting of Kim Jong-un

S.Korean Opposition Parties Criticize Kim Jong-un's Remarks


Yonhap (

Militaryprobe underway over alleged N. Korean hacking into navy vessel builder

South Korea'smilitary counter-espionage service has opened an investigation into an allegedNorth Korean hacking attack on Hanjin Heavy Industries & Construction Co. akey builder of naval warships, officials said Tuesday.

Threepublic energy firms saddled with debts

South Korea'sthree major energy-related public companies are to pay back more than 8trillion won (US$6.8 billion) in debts maturing this year, which stemmed fromtheir heavily leveraged investments in overseas energy assets, government datashowed Tuesday.

S.Korea to control e-cigars in anti-smoking policy

The SouthKorean government announced a package of anti-smoking measures on Tuesday thatwould affect electronic cigarettes as well.

SamsungHeavy may unveil restructuring scheme next week

Samsung HeavyIndustries Co., one of the country's Big Three shipyards, may roll out its ownrestructuring plan next week in the face of mounting pressure from creditors tomap out such measures, industry sources said Tuesday.


The KoreaHerald (

Seoulto bolster defense after N.K. reaffirms its nuclear ambitions

With NorthKorea moving to adopt new ruling party rules to declare itself a “nuclear-armedstate,” the South Korean go...

Shiptrio face W2.2tr wall of debt

Korea’s threemajor shipbuilders face a 2.2 trillion won ($1.9 billion) wall of debt due next...

Parkfaces mounting calls for changes to tax system

In a meetingwith senior journalists last month, President Park Geun-hye reiterated herobjecti...

Parkfaces challenge in creating North Korea legacy

Relationsbetween the two Koreas are set to go farther downhill as no freshreconciliatory gest...


The KoreaTimes (

NKleader named chairman of Workers' Party 

North Koreanamed leader Kim Jong-un chairman of the Workers’ Party at the party’s seventhcongress aimed at consolidating his grip on power, NHK said Monday.

China'sXi sends congratulatory letter to N. Korea's Kim Jong-un 

ChinesePresident Xi Jinping has sent a congratulatory letter to North Korean leaderKim Jong-un, who has been given the new title of the chairman of the Work...

Southto reinforce capability of preemptive strikes 

The militarysaid Monday that it will prioritize strengthening its capabilities forconducting preemptive strikes on the North’s nuclear and missilefacilitie... 

'Homedoctors' for foreign investors 

Recently Ivisited Brazil and Chile at the invitation of the Inter-American DevelopmentBank. The ... 

BIFFends dispute with host city 

The BusanInternational Film Festival (BIFF) and its host city Busan MetropolitanGovernment (BMG)...


Dong AIlbo (

Gov'tannounces enforcement ordinances of the anti-corruption act

Publicservants, school faculty, journalists and media personnel will be subject tofines if they were treated a meal costing mor…

Insurancecost for iPhones to be raised by 50%

iPhone’scellphone insurance premium to reimburse customers for the damage or loss ofthe device is expected to rise by around 50…

SaudiArabia makes major cabinet reshuffle

Saudi Arabia,which had announced a drastic economic development plan dubbed "Vision2030" that calls for overcoming of "addictio…


Chosun Ilbo (

Kim Jong-un Gets Grand New Title

North Korean leader Kim Jong-un was given the title ofchairman of the Workers Party at a congress that ended Monday. The title wasfirst awarded to nation founder Kim Il-sung in 1949 but abolished in 1966.

Russia to Cut Banking Ties with N.Korea

Russia is expected to freeze all financial transactionswith North Korean banks and halt imports of minerals under fresh sanctionsadopted in March, TASS reported last week. Moscow recently drafted apresidential decree to close subsidiaries, branches, and joint ventures ofNorth Korean banks. 

Top Chefs Showcase Korean Cuisine in New York

Five top Korean chefs are heading to New York to showcaseKorean cuisine in this year's World's 50 Best Restaurants event in June. W50Bis among the most famous restaurant rankings alongside the Michelin Guide.


Hankyoreh Shinmoon (

Seekingdialogue as a way out of inter-Korean morass

Kim Jong-un’srecent address included mentions of past inter-Korean agreements andtrust-building measures

Sorry,Trump: South Korea actually covers more like 70% of US troop stationing costs

With DonaldTrump - now confirmed as the US Republican Party’s candidate for president -arguing that other countries should pay the entire cost of stationing US troopson their soil, attention is turning to the percentage and the total amount ofSouth Korea’s contribution to the cost of hosting US troops on the KoreanPeninsula.

Seoulsays N. Korea’s call for talks is “insincere propaganda”

While NorthKorean leader Kim Jong-un called for military talks between North and SouthKorean and emphasized “denuclearization of the world” during the 7th Congressof the Korean Workers’ Party (KWP), on May 8 the Blue House and relatedministries mostly disparaged the party congress as representing neitherprogress nor sincerity.

Nospecific measures to mend fences with US at North Korean congress

North Koreanleader Kim Jong-un’s business summation report at the Korean Workers’ Party(KWP) congress on May 6-7 included a pledge to “improve and normalizerelations” with “countries that respect [North Korea’s] autonomy and treat usfavorably, even if they have been in hostile relations with us in the past.”

Russiainternational efforts to enforce financial sanctions on North Korea

Russia hasannounced plans to take measures needed for the enforcement of financialsanctions as part of United Nations Security Council Resolution 2270 (UNSCR2270), which was adopted in March in the wake of North Korea’s fourth nucleartest in January.

Surveyfinds that to be happy, South Koreans need to have work

Until theirlate 30s, South Koreans get happier with age, but starting at age 40, thistrend reverses, a new study finds. Happiness also increases with income, butthis stops after a certain point.This analysis of South Koreans’ happinessappeared in a report titled “Work and Happiness (I),” published in MonthlyLabor Review on May 6. The report was prepared by researchers at the KoreaLabor Institute, the Korea Institute for Industrial Economics and Trade and theKorean Women’s Development Institute.


JoongAng Ilbo (conservative): (

NorthKorea congress gives Kim Jong Un new title of chairman

North Korea'sruling-party congress on Monday announced a new title for Kim Jong Un, partychairman, in a move that highlights how the authoritarian country's firstcongress in 36 years is aimed at bolstering the young leader. Less than a thirdof the more than 100 foreign journalists invited for the historic congress werepermitted to attend…

Pyongyangejects BBC crew for being negative

North Koreaexpelled three BBC crew members on Monday after it found the network’s coverageof the country…

U.S.,China discuss North freeze

The UnitedStates and China have been holding behind-the-scenes discussions on bringing…

Twoyears on, Samsung heir has put his brand on group

When LeeJae-yong, the vice chairman of Samsung Electronics and de factocommander-in-chief of Samsung Group…

HHIbegins restructuring cutbacks

Therestructuring of Korea’s shipbuilding and shipping companies started on Mondayas Hyundai…


The KyunghyangShinmoon (

KimJong-un Calls for Peace and "Global Denuclearization" While Keeping aFirm Grip on Nuclear Weapons

There were notraces of a search for new political and economic policies at the 7th Congressof the Workers' Party of Korea, a party congress held for the firs···

Husbands’Contribution in Housework Remains the Same Even as Wives Earn More and WorkMore

A study foundthat the hours South Korean men spend doing housework is not significantlyinfluenced by the hours their wives spend at work and the contribution ···

Hillaryand the 'Old Boys'

The Republicancandidate for the U.S. presidency, Donald Trump recently announced his foreignpolicies, which followed a strictly isolationist route, revealing ···


The KoreaEconomic Daily (

Kim Young-ranLaw May Go into Effect without Major Revisions

From now on,government officials who are treated with food from someone with which theyhave business relationships will be fined if the food costs more than 30,000won (US$25.53). In addition, they will be prohibited from receiving gifts worthmore than 50,000 won and cash gifts of more than 100,0... 

RetailersFast Emerging as Agents of Export

Lock &Lock, a Korean supplier of food storage containers, has become the No. 1 sellerof plastic containers in China since moving into the market in 2004 through CJO Shopping, a home shopping channel operator. There are more than 200 suchbrands that have jumped to the status of major exporters wi...

Mid-sizedShipping Firms Report Strong Results

A group ofKorea’s mid-sized container lines such as Korea Marine Transport Corp., SinokorMerchant Marine, and Heung-A Shipping achieved record-breaking results lastyear. There is an analysis that unlike Hanjin Shipping and Hyundai MerchantMarine which entered a creditor-led debt restructuring p...

PanOcean Reborn as Cash Cow with Annual Profit of 200 Bil. Won

“Byacquiring Pan Ocean, we gained a foothold to grow into a grain major likeCargill of the United States.” This was what Kim Hong-kuk, chairman of HarimGroup, said during his interview with the Korea Economic Daily in late 2014when the group was named as the prime negotiator for the acquisitio...

KICto Pick GPs among Local Firms, First in History

KoreaInvestment Corp. plans to select local asset management and securities firms asgeneral partners responsible for operation of its overseas alternativeinvestment. This would be the first time for the sovereign wealth fund, whichinvests only in foreign assets, to pick local companies as its GP...


AJUBusiness Daily (

NorthKorean leader given new top party title  

North Koreaannounced a partial change in its ruling party structure and membershipTuesday, honouring its autocratic leader Kim Jong-un with a new top title toconsolidate … 

Anti-graftlaw fuels fresh debate in South Korea  

Governmentofficials and businesspersons hold up a written anti-corruption pledge. SouthKorea was embroiled in a fresh wave of debate Monday after the enforcementordinan… 



SouthKorean Consumers Show Skeptical View Towards iPhone SE

South Korea¡?stelecommunication industry is skeptical towards whether or not Apple¡?s iPhoneSE can succeed in South Korean market because many Smartphone users are alreadyhave become familiar with 

SouthKorean Artificial Intelligence Go System to Compete against Human 

AI (ArtificialIntelligence) Go system called ¡®Dol Baram¡?, which was developed with SouthKorean technologies, is competing against human. 9 dan ...

G2touchto Supply Touch IC to BOE for Laptops

South Korea¡?sventure company is supplying touch IC to BOE, which is a Chinese displaymanufacturers. Touch IC is a semiconductor chip that makes touch inp...

SouthKorea Is the First One to Commercialize 4-Band LTE-A

4-Band LTE-A,which increases speed by tying up 4 frequencies through


Maeil BusinessNews Korea ( )

SKHoldings C&C to offer IBM Watson services in Korea

SK HoldingsC&C Co. will introduce IBM’s Watson cognitive services in South Korea inpartnership with IBM in a bid to expedite the adoption of cognitive andartificial intelligence (AI) ...

S.Korean banks may have to set aside massive loan loss provisions

South Korea’sbig name shipbuilders such as Hyundai Heavy Industries Co. and DaewooShipbuilding & Marine Engineering Co. ...

S.Korean food maker Pulmuone wins over tofu major markets through localization

South Korea’s foodmanufacturer Pulmuone Co. has become the world’s top tofu producer by winningover the world’s oldest and ...


The Korea Post is at your service.

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

The KoreaPost, established 31 years ago in 1985, operates five news media outlets, twoin the Korean language and three in English. They are all at your service. Youcan email all your English and Korean press releases and feedback for freepublication to edt@koreapost.comor five media outlets are:

(1) A Korean printnewspaper (,

(2) A KoreanInternet (,

(3) An EnglishInternet (,

(4) An Englishprint monthly (,and

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

Sendyour news releases and feedback:

Send theEmbassy news releases to edt@koreapost.comforpublication by all its five media units, including one Korean ( one English ( dailies, which are updated real-time.(Call 010-5201-1740 forfurther details.)


Humor from a kind-hearted formerCentral Asian ambassador:

Who is poor?

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

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

Poverty is in the mindor in the purse?

Who is rich?

Once, a lady with herfamily was staying in a 3-star hotel for a picnic. She was the mother of a 6-month-oldbaby.

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

"Yes, madam,"he replied.

"But it will cost100 bucks."

"No problem,"said the lady.

While driving back fromhotel, the child was hungry again.

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

"How much?” sheasked the tea vendor.

"Madam, we don'tcharge money for kid's milk," the old man said with a smile.

"Let me know if youneed more for the journey."

The lady took one morecup and left.

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

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

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

It will make us feelbetter than what money can.

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

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

Stay connected.

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

(Editor’s note: Contributethe humor of your country or region and help your incumbent and formercolleagues in Korea chuckle and remember you. Send the traditional and/orcurrent humor of you country or region to or to be shared with your colleagues and Korean friends.)


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