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Ada Liu (34) met Korean singer Hwang Chansung (24) when they were participants on the Chinese dating entertainment show “If You Love.”

She told the press, “I’m thankful that the program introduced me to someone who shines so much and makes my heart throb.”

“My boyfriend has met my parents, and my parents liked him.”

Chan-sung’s seniors at agency JYP Entertainment (whose owner is a nephew-in-law of fugitive ferry owner Yoo Byeung-eun) were quick to deny Hwang’s love for Liu with the implication that the relationship was only for publicity purposes for the Chinese Noona Market.

Chung Joo-won, The Korea Herald, 7 July 2014

In 2013, 1 in 6 marriages in Korea were Noona Marriages and TV dramas and songs that highlight this phenomenon have become popular marketing techniques for selling young Korean male entertainers into Chinese and Japanese Noona markets.

All the members of 2PM, except Minjun, have assiduously courted the Noona Market as can be seen from this transcript of an interview with Ginger Magazine.

Wooyoung: Age wise, it would be about 5 years older than me.

Taecyeon: It’s the same for me. I am okay with someone 10 years older.

Chansung: .I don’t care about age.

Junho: I don’t make a fuss over age too.

Nichkhun:  I love older women in general.

Minjun: Her outer appearance should be cute with a lovely smile. If on the inside, she has good judgement and is able to hold her own opinion then that’s perfect!

Following the failure of the City of Busan to persuade foreign theme park owners, such as Disney and Universal Studios, to invest in the designated tourism precinct in the east of Busan, Korean entertainment agencies are considering forming a consortium to construct Noona World, to attract Chinese and Japanese noonas to provide employment for young Korean men who often leave Busan to seek similar work in Seoul.  The consortium is also considering the formation of a super group to be called Noona Boyz.

 

Posted by Errol, filed under Economics, Scams. Date: July 6, 2014, 7:55 pm | No Comments »

According to data compiled by the Ministry of Security and Public Administration, the number of residents from outside the country came to 1.57 million as of Jan. 1, up 8.6 percent from a year ago and taking up 3.1 percent of the nation’s population of 51 million.

It marks the eighth consecutive year that the figure has risen on-year. The government started compiling related data in 2006.

Foreign residents refer to people staying in South Korea for longer than 90 days, naturalized South Korean citizens, marriage migrants and their children.

The ministry attributed this year’s growth to eased requirements for an Overseas Korean (F-4) visa and an increase in applications for permanent residency among ethnic Koreans with non-South Korean citizenship.

Of the foreign residents, nearly 539,000, or 34.4 percent of the total, are workers from abroad with no South Korean nationality.

Korea Herald 2 July 2014

Posted by Errol, filed under Economics, Law, Politics. Date: July 2, 2014, 1:20 am | No Comments »

Park Jin-young 02

42-year-old Park Jin-young married in October 2013 the second daughter of Yoo Byung-ho, the recently arrested younger brother of fugitive ferry owner Yoo Byung-eun.

As Park’s 62-year-old father-in-law is a key leader of the Salvation Sect cult, the prosecution is set to widen the scope of its probe into JYP Entertainment as part of its effort to verify a variety of charges against  73-year-old Yoo Byung-eun.

While investigators are looking into JYP’s bank accounts in coordination with the Financial Supervisory Service, some market insiders raised the possibility that the prosecution will soon summon Park.

Park has recently argued that he and his parents are not devotees of the Salvation Sect cult and he was paid nothing from the religious group.

JYP Entertainment agency also claimed that it has made no business partnership or cross-funding transactions with sister firms of Chonghaejin Marine Co., the operator of the tragic Sewol.

Meanwhile, foreign investors and corporate investors have continued to dump their stake in JYP Entertainment on the secondary KOSDAQ over the past few weeks.

While its closing price was 6,080 won ($5.96) per share on April 15, a day before the ferry tragedy, it has ranged between 4,200 won and 5,500 won won since. Foreigners’ shareholding ratio in the company has dropped to 0.42 percent, from 1.0 percent in early May.

By Kim Yon-se Korea Herald Canada Day 2014

Posted by Errol, filed under Crime, Economics, Law. Date: July 2, 2014, 1:10 am | No Comments »

성햔아

Sung Hyun-ah 성햔아 charged for (sic) prostitution

Korea Joongang Daily

June 25 2014

The Suwon District Court’s Ansan branch yesterday charged actress Sung Hyun-ah with prostitution and fined her 2 million won ($1,963).

In December, the 38-year-old actress was indicted for receiving money from a businessman in exchange for having sexual relations with him. The prosecutors stated that in 2010 the then 34 year old Sung met up with a man three times and received 50 million won (~ USD 50 000) in return. Sung countersued in January, according to press reports, and the first trial was held in February.

The actress’s lawyer noted “there is nothing to say about the case,” and added that they will expose the truth on the final judgment day, Aug. 8.

Having debuted in 1994 as a runner-up for Miss Korea, Sung has since pursued an acting career and starred in some successful drama series.

But the celebrity’s path as an entertainer hasn’t been rosy; when she was 25 years old in 2001, she was sentenced to eight months in prison for drug use.

By Kim Hee-eun, contributing writer

In 2012 the Joseon Ilbo reported that: “Almost 60 percent of (the 111 actresses who responded to a survey by the Korean Women’s Development Institute) said they believed rejecting sexual advances would disadvantage their careers, and 48.4 percent said they had in fact lost out on appearances on shows because they refused.”

The prostitution allegedly occurred 3 times 4 years ago. Was there any forensic evidence still extant? Did the Korean businessman’s bank accounts show a deposit in Ms Sung’s accounts? Or did the court rely solely on the testimony of an admitted prostitution customer? How did the police find out? Was the Korean businessman boasting in a room salon and one of his seonbae hunted down Ms Sung was peremptorily rejected and in a fit of hwabyeong whinged to the Korea National Police?

Update

The Korea Times reported on 24 June 2014 that: “Prosecutors are seeking a 3 million won fine for the businessman, 49, identified only as Chae, and an 18-month jail term for another man, Kang, 40, who allegedly set up the actress with Chae.”

Was the set up arranged in a golf club?

The Korea Times also provided a photo.

Sung Hyun-ah 02

Posted by Errol, filed under Economics, K-girls. Date: June 24, 2014, 10:46 pm | 2 Comments »

The smell of desperation in the entertainment industry is more powerful than …?

Consider this tale: it is 2 pm in the south river section of the metropolis. Two young entertainers are sitting in the outer office of a TV producer, who is casting for a new soap opera: The Koffee Klown King, to be sponsored by Kimchi Koffee and Kreepy Krene.

The first girl, accompanied by her agent, is wearing green camouflage hotpants and a skimpy medium green singlet that displays her implants to advantage. The sounds of the latest pop hits are leaking from her modish earphones. Her golden heifer bobble earrings bop along to the tunes. The pert young thing sings in a teen group known as: Golfclub Villa Girlz.

The other girl, whose nose seems to have been sculpted by the same surgeon, is sitting demurely in a white blouse, pleated navy blue skirt and knee length white socks. Her mother, seated next to her, primly holds a French trombone case labelled Juillard and also sports a surgically enhanced nose.

Due to their similar appearance, the TV producer relies on his usual metric to decide between actresses aspiring to star in coffee commercials: a French roast examination.

He calls in the first girl’s agent and explains his dilemma and his demands. The agent quickly says: “My girl is sponsored by KK Donuts and last week she went to a famous golf club, going doggy style multiple times with the CEO of KKD and milking the full eight centimetres of the president of Kimchi Koffee Corporation with her pouty lips.”

The producer calls in the other aspirant’s mother to tell her that the other girl has the right specifications for the role.

The mother calmly informs the producer: “Au contraire, mon petit champignon. There is a fait accompli.”

“Last night my daughter was down on all fours while your company president rogered her from behind and the full eight centimetres of the KKC’s president was gobbled lustily by a younger one of my daughters in your president’s villa, while the rest of the golf club fapped furiously to the live feed of my youngest daughter servicing all the TV critics from famous university media outlets.”

The teenage secretary of the producer has overheard this interchange on the office intercom, he quickly minces into the producer’s office, girlishly flicks back his bangs, places his arms akimbo and mewls: “I have been pwactising Fwench with our company pwesident’s son for the last four months and scwewing the pooches of his lusty fwiends for two! I was pwomised the part!”

The TV producer slumps back in his chair, slaps his forehead and croaks: “Doh!”

A catfight ensues.

The bra ripping and panty tearing is captured on CCTV, stolen by security guards and twenty minutes of video is uploaded onto a website, where it is advertised for sale to over 18s by 3:00 pm.

By 3:30 pm a middle school boy has cracked the code and by midnight the video has been downloaded more times than Golfclub Villa Girlz’ latest youtube hit: “Getting groped by creepy old guys in the golfclub.

Posted by Errol, filed under Economics, finger chopping wacky, Music, Scams. Date: June 15, 2014, 5:41 am | No Comments »

“The International Finance Center (IFC) in Yeouido is struggling to attract tenants for its two newly-opened office towers, denting Seoul City’s ambitious plan to make it Northeast Asia’s financial hub.

Seoul City signed a contract with AIG Real Estate allowing the latter to use the IFC site for 99 years in return for paying annual rent. From 2006 to 2010, AIG did not pay rent but from 2011 through 2017, it is required to pay 1 percent of the site’s appraised value.”

If Asia is a bicycle wheel, then the Hub of Asia is presumably Hong Kong.

Korea is on the rim.

Lee Hyo-sik, Korea Times, 26 November 2012

A Korean woman had more success in the Korean courts than Lone Star in dealing with Korean financial products, as is related in the following story.

A 35-year-old Korean woman met a 33 year old Korean man through a friendly movie-going group in May 2010.

They dated until March 2011 then married in July 2011, after the Korean man artfully pretended that he had graduated from the economics departments of a leading private university in Seoul, was working for a trading company and had an apartment in Sillim-dong in southern Seoul.

After demanding a divorce the woman took the case to court and was awarded compensation of 67 million won ($60,000), including money spent on the wedding.

Korea Times, 26 November 2012

Posted by Errol, filed under Crime, Economics, finger chopping wacky, Funny, K-girls, Law, Scams, Verus Historia. Date: November 26, 2012, 5:53 pm | No Comments »

“A Korean court recently denied the request of the Korean Medical Association (KMA) to ban the Oriental Medicine Doctors Union from changing its name to the Association of Korean Medicine.

Oriental medicine doctors had been using the name the Association of Korean Oriental Medicine, but they changed the name to the Association of Korean Medicine in March … the KMA is adamant that the names are easily confused.”

Yoon Ja-young, Korea Times, 23 November 2012

People all over the Korean Peninsula laughed this off saying: “Do you think Koreans are so gullible? What next? You think people can be conned into believing that Starpreya is the same as Starbucks? Or that BMW Room Salon is Bavarian Motor Werke Room Salon? Totally, laughable. Everyone knows that this is just a marketing gimmick. Like saying a Hyundai has lower fuel consumption than a Honda.”

Posted by Errol, filed under Economics, finger chopping wacky, Funny, Law, Scams, Science. Date: November 24, 2012, 2:46 am | No Comments »

“Almost 60 percent of (the 111 actresses who responded to a survey by the Korean Women’s Development Institute) said they believed rejecting sexual advances would disadvantage their careers, and 48.4 percent said they had in fact lost out on appearances on shows because they refused.”

That means approximately 20% (11.6% of 60%) always provided sexual favours for Korean bosses to get jobs, and the other 40% sometimes didn’t provide sexual favours for some chaebol bosses and thereby sometimes lost jobs but got jobs at other times?

“Chaebol bosses were cited as the most common group of people seeking sex with the stars, cited by 43.9 percent of respondents, followed by TV producers and directors with 38.6 percent.

Among aspiring actresses surveyed, 72.3 percent were forced to go on a diet and 58.7 percent said they were told to have plastic surgery.

“Each year, 48,000 aspiring actresses graduate from various acting schools in major cities, and there is no way of telling how many more women are hired by small talent agencies,” a National Human Rights Commission official said.”

Chosun Ilbo, 5 November 2012

Posted by Errol, filed under Crime, Economics, K-girls, Law, Verus Historia. Date: November 4, 2012, 7:35 pm | 1 Comment »

“Korea has a nasty habit of denying the existence of a problem, which actually feeds the problem and makes it bigger. Only when the problem bloats to a point where it could blow up for everyone to see will bureaucrats budge and throw an enormous amount of taxpayer money at it to extinguish the threat. I think this is happening with the household debt situation,’’ said Gongpil Choi, senior economist at the state-run Korea Institute of Finance (KIF), in a recent telephone conversation.

The core of the problem, he says, is that around 80 percent of Korea’s private-owned assets are in real estate.

To restore the health in consumer activity, it is critical to convert real estate assets into buying power, Choi said. However, property market fragility and precarious family finances suggest that households may not have the mettle to withstand a process of deleveraging.

“The deleveraging could trigger a dramatic fall in asset values, which then may paralyze the country’s financial system and batter the real economy into a long-term recession. The negative feedback on asset holders will be significant and the implosion could result in a wealth polarization much worse than the actual difference in income,’’ Choi said.

To combat the disastrous vortex of softening economic activity and spiraling debt, Korea is in desperate need of political honesty.

Korea Times, 14 October 2012

http://koreatimes.co.kr/www/news/biz/2012/10/123_122230.html

 

Posted by Errol, filed under Economics, Politics. Date: October 14, 2012, 7:47 pm | No Comments »

Achieved because of, or in spite of, our political “leadership”?

Posted by Errol, filed under Economics. Date: October 8, 2012, 8:34 pm | 1 Comment »

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