Today in Korean history (March 16)
Mar 16, 2017
•1963 -- Park Chung-hee, the then acting president of South Korea after rising to power through a military coup in 1961, proposes a referendum for a presidential election. The announcement brings fierce criticism from opposition parties and civic activists, as the former general had promised to hand over power to a civilian administration.

•1982 -- The South Korean government decides to convert the former headquarters of the Japanese colonial government into a national museum. The former colonial building was demolished in 1995.

•1983 -- KorAm Bank, the first U.S.-Korea joint venture bank, opens.

•1994 -- The government allows the sales of mineral water.

•2003 -- Thich Nhat Hanh, a Vietnamese Buddhist monk and human rights activist, visits South Korea.

•2006 -- A South Korean reporter is released after a one-day abduction in the Gaza Strip. Yong Tae-young, the Dubai-based correspondent for KBS, South Korea's state-funded television station, was kidnapped from a hotel in the northern beach area of Gaza by a group of gunmen believed to be linked with the Popular Front for the Liberation of Palestine.

•2009 -- A terrorist bomb goes off in Yemen's city of Syoun (Sayun), killing four South Korean tourists and injuring three others in the city located some 500 kilometers east of capital Sanna.

•2010 -- South Korean President Lee Myung-bak appoints Kim Choong-soo, ambassador to the Organization for Economic Cooperation and Development, as new governor of the Bank of Korea and successor to Lee Seong-tae.

Source:Yonhap News

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