중앙데일리

Koreans Head for Big Leagues

The Korean invasion of the Major Leagues has begun. With Park Chan-ho leading the way in 1994, Cho Jin-ho of the Boston Red Sox and Kim Byung-hyun of the Arizona Diamondbacks have followed. With Park scheduled to be the number two starter for the Dodgers and Kim assured of a spot on the bullpen, all eyes are on the Koreans. There are currently fourteen Koreans in the minor leagues. Despite the fact that Park is winless in the preseason, he i…

Apr 02,2000
Sex Offender‘s Name To Be Posted On the Internet

From July, those who have had sexual intercourse with teenagers or those who introduce teenagers to older men for sexual purposes will have their name, age, and work address posted on the Internet and in governmental newspapers. However, their photos will be kept undisclosed. On March 31, the Commission on Youth Protection, an organization under the prime minister, published its initial measures for the ‘Posting of Private Information of Se…

Mar 31,2000
Kim Jong-il Invites a Chinese Leader to North Korea

North Korea＇s General Secretary Kim Jong-il has reportedly sent a personal letter to Chinese leaders inviting one of them to North Korea, including President Jiang Zemin, through Foreign Minister Paek Nam-sun, who visited China recently. According to diplomatic sources in Beijing on March 30, Minister Paek delivered the letter to Prime Minister Zhu Rongji when they met on March 20. In the letter, General Secretary Kim emphasized the tradit…

Mar 30,2000
Ethnic Koreans from China Vanish during Visit to U.S.

Ethnic Koreans from China, who visited the United States at the invitation of Culver City, disappeared during their stay. Their whereabouts have remain unconfirmed for almost four months. A source at the U.S. State Department said Wednesday that 33 Korean-Chinese, who were invited to visit the United States from December 4-6 last year by the Sister Cities Committee of Culver City, have not returned to China as of March. The ethnic Kore…

Mar 29,2000
Kookmin Bank＇s Unionists File Suit to Nullify the Appointment of New Chief

Union members of Kookmin Bank filed a suit with the Seoul District Court Tuesday to nullify the appointment of Kim Sang-hoon as the new bank president and chief executive officer, claiming that a general stockholders＇ meeting never took place. They also applied for an injunction against Kim to suspend him from performing his duties as the new bank chief. The union claimed in the court petition, ＂Although the general stockholders＇ meeting was …

Mar 28,2000
Propositional Representatives- Just More Power For Leaders?

The Grand National Party is again mired in a heated dispute, this time over the selection of its candidates for proportional representation. It appears that party leaders still have not learned their lessons from the the so called ‘February 18 upheaval,’ which was caused by disputes over the nomination of regional representatives for the general election. Although this selection process didn‘t show many signs of previous scandals over bribery, it…

Mar 27,2000
Chung Mong-koo Holds Press Conference

Officials close to Chairman Chung Mong-koo held a press conference on March 26, under a veil of secrecy. The press conference was held at Seoul’s Chosun Hotel at 2:30 p.m., with reporters being informed only 30 minutes prior to its start. The secrecy was an attempt by Chung Mong-koo’s side to prevent interference from Chung Mong-hun supporters. False information of a delayed start was also planned by Chung Mong-koo’s advisors, causing some …

Mar 26,2000
AMCHAM Releases Annual Report on Korea＇s Business Climate

The American Chamber of Commerce (AMCHAM) released its annual report entitled ＂Improving Korea＇s Business Climate＂ Thursday, and demanded the easing of restrictions in 20 areas of interest and the elimination of import barriers. In the report, AMCHAM stated, ＂The Korean government promised to improve the negative perception towards imported cars when it signed a memorandum of understanding with Washington in 1998, but failed to keep its pro…

Mar 24,2000
Korean Government Expected To Sue U.S.

In response to U.S. measures against Korean-made line pipes, the Korean government is expected to take aggressive action and bring the case to the World Trade Organization (WTO). The U.S. decided in February to impose additional, successive tariffs of 11 to 19 percent on line pipes imported from all nations except Mexico and Canada for the next three years. The Ministry of Commerce, Industry, and Energy (MOCIE) revealed today that it has colle…

Mar 23,2000
Listed Manufacturers Record All-time High Profits

Manufacturing companies, listed on the local Korean stock exchange markets and whose fiscal year ends in December, recorded all-time high net profits (14.4 trillion Won) last year. The figure signifies that they reaped in a profit of 35 Won for every 1,000 Won worth of goods sold. The combined net profits of Samsung Electronics and LG Electronics were disproportionately high, however, which reached 5 trillion Won or one third of the entire amount…

Mar 22,2000

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