PRESS DIGEST - South Korean newspapers - Dec 1
SEOUL, Dec 1 (Reuters) - The following is a summary of major South Korean newspapers on Monday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.
DONG-A ILBO
About 900 South Korean travelers who flew to Thailand by low-budget airlines are still caught up at the airport amid anti-government protests and are expected to return to South Korea on Monday or Tuesday, the foreign ministry said. Another 2,700 travelers who used domestic airlines left Thailand on November 28th.
South Korea's total amount of exports next year will increase by 10.3 percent from this year to about $490 billion, the Korea Trade-Investment Promotion Agency (KOTRA) said.
KOREA ECONOMIC DAILY
The government plans to set up a body for corporate restructuring, according to a government official.
Liquefied petroleum gas (LPG) suppliers have raised gas prices for December due to the South Korean won's falling value.
Korea Asset Management Corp (KAMCO) is set to spend 1 trillion won ($681.1 million) on buying bad loans related to project financing from savings banks within this year, according to a government official.
The sale of the Millennium Seoul Hilton hotel was cancelled according to industry sources.
MAEIL BUSINESS NEWSPAPER
Samsung Electronics Co Ltd (005930.KS) revised down its mobile phone sales target in 2009 to 223 million units from 242 million. LG Electronics Inc. (066570.KS) also cut next year's sales target to 106 million units from 119 million, according to industry sources.
THE KOREA TIMES
Prime Minister Han Seung-soo said in a speech at a UN development financing conference in Doha that the South Korean government plans to triple its official development aid (ODA) by 2015.
Five textbook publishers said they would revise controversial parts of their textbooks in response to the government's demand to fix content deemed "left-leaning," according to an education ministry official.
($1=1468.0 Won)
