PRESS DIGEST - South Korean newspapers - June 13
SEOUL, June 13 (Reuters) - The following is a summary of major South Korean newspapers on Friday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.
KOREA ECONOMIC DAILY
The main truckers' union decided to press ahead with a planned strike June 13 for an indefinite period, after last-minute talks with the government failed, the union announced. Also, the union said many non-union truckers were expected to join the walkout.
JOONGANG ILBO
The country's Fair Trade Commission has started to investigate large retailers such as Shinsegae (004170.KS), chairman Baek Yong-ho said.
DONG-A ILBO
The government has decided to invest an additional 5 trillion won ($4.8 billion) in infrastructure this year, it announced.
The opposition United Democratic Party will not join candlelit protests against the government from June 13, on concerns that they might develop into anti-U.S. demonstrations, the party announced.
MAEIL BUSINESS NEWSPAPER
Korea Life Insurance has become the first local insurer to receive approval to launch a business in Vietnam, and will start its operations there in the first half of 2009, the company announced.
Hyundai Asan, which runs tours to North Korea's Mt. Kumgang resort, postponed a planned Mt. Baekdu tourism project expected to start in May to 2009 due to a recent deterioration in bilateral relations, the company's CEO said.
