“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 »

 

Scooter on the sidewalk

Ran over me

The cops just looked

Don’t care ‘bout me

.

They only thinking of a restaurant

that’s got glass tables

They can watch the girls

While they are …ing

.

Scooters on the sidewalks

Cops just can’t stop it

.

Every day all over the country

It’s just like Vietnam

Don’t give a stuff about

the humble pedestrian

.

Only care about themselves

Just a thousand reflections

of their own sweet selves, selves, selves

 

Scooters on the sidewalks

Scooters on the sidewalks

Scooters on the sidewalks

 

Tossing out pamphlets

Of girls sitting on glass tables

Doing things for ajeossi

 

Ajeossi laps it up

And says it’s fun

Gets on the table

Drops his daks

And waves his bum

.

 

Scooter man on the sidewalk, admiring his reflection, in his wing mirror, scooter man …

Posted by Errol, filed under Battle Report, Crime, finger chopping wacky, Funny, Law, Music, Technology. Date: October 2, 2012, 4:36 am | No Comments »

“North Korea’s state-run media has issued rare criticism of a Chinese mining company that accused it of being a “nightmare” to do business with.

Chinese firm Xiyang was working on an iron ore venture, but said it stopped after facing unreasonable demands.

Xiyang failed to honour investment promises and was to blame, KCNA news agency says.

A North Korean spokesman issued a statement carried by the Korean Central News Agency (KCNA) saying that Xiyang “is chiefly to blame from the legal point of view”.

“It [Xiyang] has carried out only 50% of its investment obligations though almost four years have past since the contract took effect,” the spokesman said.

Xiyang said it invested more than $37m (£23.32m) on the project, but shelved it after North Korea asked for significant changes to the contract.

The company also said that North Korea violated its own investment laws, telling Reuters news agency that it had been “cheated”.

“They just don’t have the conditions for foreigners to invest. They say they welcome investment but they don’t have the legal or social foundations,” Wu Xisheng, vice-general manager, told Reuters.”

BBC 5 September 2012

Posted by Errol, filed under diplomacy, Economics, finger chopping wacky, Funny, Law, Politics, Scams. Date: September 5, 2012, 8:17 am | No Comments »

“Kang signed a contract with SM C&C on Aug. 17. According to the agency, Kang is reportedly mulling over a return to programs including SBS’s “Star King”, which he hosted before he announced a tentative retirement following a tax evasion scandal.”

Rachel Lee, Korea Times, 23 August 2012

Posted by Errol, filed under Funny. Date: August 23, 2012, 5:52 am | No Comments »

Male rights group Man of Korea has demanded an injunction on the sale of Baek Ji-young’s new song “Good Boy.”

According to the organization yesterday, the group filed for the injunction because the new track “denigrates Korean men.”

“The song contains lyrics that portray a relationship in which a female is older and suggests that her boyfriend is as stupid as a dog and needs to be tamed,” the organization said on its official Web site.

“In one part of the song, the way that the boyfriend talks back is likened to barking and biting the owner. The song denigrates Korean men.”

Carla Sunwoo. Joongang Daily, May 23, 2012

Baek Ji-young is a woman of conviction, her current beau is nine years younger. Woof woof … or should that be: “Down boy!”?

Is Baek’s beau’s answer to Donna Summer’s hit, “Love to lick you baby!”?

Haven’t heard the song yet … but I guess the lyrics are something along those lines.

백지영의 멋진 연하 남자친구 배우 ‘정석원’씨 입니다

백지영의 멋진 연하 남자친구 배우 ‘정석원’씨 입니다

Posted by Errol, filed under Funny, K-girls, Music. Date: May 23, 2012, 5:59 am | No Comments »

Far Side of the DMZ rocket scientists

Malnutrition is not a great help when building a nation of rocket scientists.

The minimum height requirement for the North Korean military has been cut to 145 cm. i.e. Shorter than the average South Korean middle school girl.

Barbara Demick, Los Angeles Times, April 13, 2012

Posted by Errol, filed under Anti-Americanism, finger chopping wacky, Funny, Science, Technology, War on Terror. Date: April 13, 2012, 9:54 pm | No Comments »

More powerful than Michael Stipe.

An Egyptian Islamist MP has resigned from the radical Al-Nour party and from parliament after claiming he had been attacked by gunmen to cover up for plastic surgery to his nose, the party says.

Plastic surgery is considered forbidden by ultra-conservative Salafists.

Trying to keep up with the wave.

Posted by Errol, filed under diplomacy, finger chopping wacky, Funny, Science, Technology. Date: March 5, 2012, 9:16 pm | No Comments »

김병만

Comedian Kim Byung-man from popular comedy show “Gag Concert” has revealed that he is registered to marry his girlfriend, a single mom who is older than him.

Joongang Ilbo, November 30, 2011

Credit to the funnyman, he’s better looking than Lee Hyori’s new beau, who is more funny looking than funny.

이효리의 애인

Posted by Errol, filed under Funny, K-girls. Date: November 30, 2011, 1:33 am | No Comments »

SBS has been running a series of inconsequential sidekicks for Yoo Jae-seok. The more inconsequential the better, lest a temporary replacement replaces Kang Ho-dong in the hearts and minds of gagmen addicts.

강호동과 유재석

강호동과 유재석

Lee Chul-ho (sic)* of the Joongang Ilbo puts in an online plea for the return of his idol.

Lee Chul-ho (sic) then has a gratuitous (and apparently irresistible for Joongang crew members) shot at Ahn Cheol-soo, by claiming that building a company from nothing is less experience than being a salesman for an already established construction company, in the middle of a building boom.

* Chul vs Cheol. One is 21st C spelling and t’other is old-style.

Ahn is well on the way to forming 안민당.

Posted by Errol, filed under Funny, Language, Politics. Date: November 19, 2011, 1:10 am | No Comments »

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