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PRESS DIGEST - South Korean newspapers - Nov 24
24 Nov 2009 00:16:00 GMT
Source: Reuters
SEOUL, Nov 24 (Reuters) - The following is a summary of major South Korean newspapers on Tuesday prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.

DONGA ILBO

After a meeting on Monday chaired by the prime minister on the new adminstrative centre of Sejong City, the government decided to label the controversial area a national industrial complex, offering tax cuts and other benefits to investors there.

The Korea National Tourism Organisation said the number of foreign tourists visiting Korea reached a record 7 million this year as of Monday, double the figure in 1994 when records were first taken. Around 39 percent of visitors were Japanese.

MAEIL BUSINESS NEWSPAPER

The President of Hungary, Laszlo Solyom, will visit South Korea from Nov 29 to Dec 2 and hold summit talks with President Lee Myung-bak.

Daesang Holdings <084690.KS>, a unit of food company Daesang Group, said on Monday that it had decided to branch into Indonesia's palm oil business by investing $130 million in a 11,130 hectare plantation in Kalimantan.

KOREA ECONOMIC DAILY

The health minister said Monday that the tipping point of the H1N1 influenza crisis had passed but that the ministry would continue to be wary of the disease.

THE KOREA TIMES

A summit with the president of Senegal and other African leaders on Monday led to President Lee pledging to double South Korea's official development assistance to the countries over the next three years.

($1=1151.2 Won)

((Writing by Christine Kim, editing by Jonathan Hopfner))

((seoul.newsroom@reuters.com; +82 2 3704 5677))


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Last updated:Tue Nov 24 00:19:39 2009