- Australian beef producers are having a tough time now that they have to face increased American competition in South Korea and lower demand in Japan.
- Apple's iPad will be available in South Korea by June.
- China says the undervalued yuan is not to blame for its trade surplus.
- South Korea is the one major economy where men are not the ones bearing the brunt of unemployment in the bad economy. "Real unemployment" hits 10.36%.
- LG Chemical will spend $1.8 billion to build a plant that produces the materials in LCD displays. Meanwhile, the ROK government will spend 12 billion won on R&D for electric vehicles.
- South Korea's life insurance market may grow to world's fifth largest in five years.
- Small companies in South Korea are upbeat about exports this year.
- One in five sex offenders is a university grad (Chosun Ilbo story here).
- The Ministry of Food, Agriculture, Fisheries, and Forestry has released a book on how to put together a hanshik (Korean food) restaurant. Except they spell it hansik, because everyone wants to hear the word "sick" when they eat food. Maybe they should call it hanchic. Alert the KNTO!
- Yonhap has a piece on the soldiers who man the fences on the southern side of the DMZ.
- Pyongyang has named a trade expert as its #2 man in dealing with Seoul.
- Tension has arisen between Tokyo and Seoul as the latter wants a major concession to be given in exchange for a visit by President Lee to Japan in April.
- Kim Yuna is getting F's at Koryŏ (Korea) University. Straighten up and fly right! (CSI story here)
- Police are declaring the next three months a crackdown period on major sex crimes, with the goal of bringing to justice sex offenders still at large.
- On the golden anniversary of the March 15 incident, President Lee declares the Masan protests of 1960 to be "the starting point of democracy in South Korea." Which is guaranteed to piss off everyone not in Masan.
- The Ministry of Health and Welfare is subsidizing eye surgery for 2350 seniors.
- Spread of H1N1 "swine flu" infections has dropped dramatically in past few weeks.
- For the past five years, South Korea has been the world's third largest arms importer.
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