- Due to tighter credit conditions, lots of construction companies especially in non-metropolitan area are in danger of going bankrupt, stoking fears that there might be lack of apartments next year.

- It is reported that the government is mulling over sending electricity directly to Anbyeon and Nampo areas where the two Koreas agreed to build a ship building complex. But it will cost Seoul hundreds of billions of wons.

- After Lee Yong-Chul, former legal advisor to president, revealed that he was bribed in cash from Samsung but return the money, Samsung appears to be at a loss as to how to respond to another bombshell and only briefly announced that the company didn’t order its employee to bribe him.

- Lawyer Lee Yong-chul said in the interview with the paper, “there must be many people who also want to talk about Samsung’s illegal activities. And I think there must be someone who secures evidence just like I did.”

- Lee Yong-chul is to have a press briefing at 2:00 this afternoon.

- As early as 2009, SKoreans can visit Pyongyang via a tour program, Hyundai Asan said. Yoon Man-joon, president of Hyundai Asan, said “the North understands Pyongyang should be included in the Mt. Baekdu tour in order to produce higher profits.”

- Forty rank-and-file members break away from the Grand National Party to announce their support for Lee Hoe-chang.

- Namkwang, the construction company, is in talks with Pyongyang to set up a joint construction company which combines Seoul’s capital and construction skills and the North’s cheap labor.

- Outgoing Prosecutor General Chung Sang-myung is in agony over the Samsung bribery scandal and the BBK stock manipulation, the two cases that have huge influence on the country. He said, “being a prosecutor is very inhuman and I often contemplate whether the last 30 years as a prosecutor was real.”

- The FSS is to launch an investigation into Woori Bank over Samsung’s opening bank accounts under its employees without their knowledge.