Wednesday, July 12, 2017

Majulah~~~“妈祖啦”~~~前进吧,起来起来起来,谢妈祖保佑黑钱洗成白


Spore national anthem~~~Majulah Singapura
29th SEA Games~~~Majulah sukan untuk negara.
1MDB ~~~Majulah korupsi untuk negara
“妈祖啦”~~~前进吧,起来起来起来,谢妈祖保佑黑钱洗成白。
Maju不进则退作Ajumma

The Star Onlie: Wednesday, 12 July 2017 | MYT 11:49 AM
Read more at http://www.thestar.com.my/business/business-news/2017/07/12/singapore-banker-admits-to-money-laundering-in-1mdb-linked-case/#XqrtpWk2iC1PI5ly.99

SINGAPORE: Yeo Jiawei, a former banker serving the longest jail term in Singapore’s probes linked to 1Malaysia Development Bhd., admitted to money laundering.

Yeo, who also pleaded guilty Wednesday to cheating his former employer, was handed a 30-month term in December on charges of trying to tamper with witnesses in the probe.

The former BSI SA wealth planner’s admission of guilt comes after the Monetary Authority of Singapore wrapped up a two-year probe into fund flows related to the Malaysian investment fund. 

Prosecutors identified Yeo as a central figure linked to Malaysian financier Low Taek Jho, who was characterised by US investigators as the controller of a plan to drain billions from 1MDB.

The Malaysian fund, at the heart of several money laundering and corruption probes across the globe, has consistently denied any wrongdoing. 

Low has previously described his role with 1MDB as informal consulting that didn’t break any laws.

Yeo had referred to Low as “boss” and spent at least one night at his house, according to earlier court proceedings. Yeo said it was a misunderstanding that he worked for Low.

Singapore has imposed a total of S$29.1 million ($21 million) in penalties on eight banks as part of its 1MDB probes. Credit Suisse Group AG and United Overseas Bank Ltd. were among the firms that paid penalties.

BSI and Falcon Private Bank Ltd. were also ordered to shut their local operations. Five people, including Yeo, have been convicted in Singapore, the only country so far to have criminally charged bankers.

Yeo accumulated a net worth of S$23.9 million through “secret profits” in the 15 months after he left BSI in June 2014, prosecutors said in an earlier hearing. Yeo had said the money was earned legitimately. - Bloomberg
Read more at http://www.thestar.com.my/business/business-news/2017/07/12/singapore-banker-admits-to-money-laundering-in-1mdb-linked-case/#XqrtpWk2iC1PI5ly.99

Friday, March 31, 2017

Financing Development

This writing is a proposal for a financing solution that will increase private and/or public finance for development in Myanmar that uses the IDA Private Sector Window (PSW). Myanmar is listed as a fragile state which has a harmonized average CPIA (Country Policy and Institutional Assessment) country rating of 3.10.

·         What is the problem or issue that you are trying to solve?
My experience in Myanmar is that the country experiences power shortage. Even Yangon as a major city would have frequent power cutoffs especially during summer dry season when the hydropower dams are with low water level in their reservoir. Access to electricity remains a top priority for productivity and competitiveness in the Myanmar economy. One of the main challenges in attracting investments is the financial viability of the power sector, which critically depends on tariff policies both for gas supply to the power sector and for electricity distribution. Thus, it is important for the government and power industry to explore various financing resources that suit different appetites of risks, returns and terms in the infrastructure project such as power plants.

·      What are the reasons that the government, official aid provider or private sector would want to participate?
The government and the official aid provider would be the lead stakeholders for promoting “financing for development” where the act of providing funds for development purposes and the whole range of management activities would guide the allocation and use of those funds which would catalyze private funding interest if managed efficiently. IDA was replenished at a record level of $75 billion for FY18 and it would be good to have available fund to seed the growing interest and demand for infrastructure projects such as power plant in Myanmar.

Private sector would want to participate in the infrastructure building in Myanmar so that they would ride the development waves in fulfilling their demand for proper risk and returns objectives be it long term or short term. When the market is reinforced by both Public and Private Financing and investment more and more market participant will be drawn to join the market and the projects and investment market will be commercially sustainable. Co-investment platforms that are structured at the national and multilateral levels will pool and help catalyze private capital, reducing individual investor costs for project preparation and execution. The credit enhancement and shared risks would also be draw the investors to participate in public loans and equity portfolios, or infrastructure funds and platforms.


·    What are the main obstacles currently standing in the way of unlocking financial opportunities? How would your solution overcome them? Consider the country context, if your proposal involves a specific country.

There are large amount of investible resources but not channeled to the fragile states. The main obstacles would be due to political risk, macroeconomic risks, local currency risk, commercial risk, transparency risk, market risk, project risk and etc.
Institutional investors need to step in to increase the capital needed for infrastructure project to kick-start financing pooling. The existing and emerging pools of capital such as sovereign wealth funds, insurance company resources and pension funds could be important financing sources for a fragile state such as Myanmar, particularly for large infrastructure and energy investments. In order to tap these sources, Myanmar government need to provide well prepared, bankable projects with suitable risk/return profiles.
Improvement on certainty with infrequent policy changes and reforms are needed to sustain private investments. This is especially pertinent to the long lived infrastructure sector. The lack of capacity among institutional investors to evaluate and monitor individual project risk in Myanmar need to be addressed with comprehensive official research information improvement as well.

Through policy advice, technical assistance and capacity building, MDBs and the IMF can support the Myanmar government efforts to increase available resources and spend them effectively. Through MDB policy support loans and IMF-supported programs, the institutions would be able to help Myanmar meet budgetary and balance of payments needs, supporting macroeconomic stability and growth. This includes domestic public resource mobilization, deepening of local financial and capital markets, and creating a conducive climate for private investment, both local and international.
For example, in order to unlock the hinterland potential of Myanmar, the Myanmar government should also seek help from sovereign wealth funds and pension funds, as newer sources of finance. This is because these public funds are with private sector return objectives and have long-term investment horizons that would be crucial to sustainable and long term stable development of Myanmar. With the available fund, the citizens living in the hinterland of Myanmar would be able to enjoy the development of power infrastructure as well as the economic improvement.


Case Study:

Kyaukphyu Special Economic Zone (abbreviated Kyaukphyu SEZ) is a 1,600 hectares (4,000 acres) Burmese special economic zone being developed on Kyaukphyu, Ramree Island, Rakhine State.  Kyaukphyu SEZ was first announced in September 2013. The project initially began as a joint venture between the Chinese and Burmese governments, but has since transitioned to private developers. The Myanmar press reported on the signing of an agreement between the consortium 26 May 2014 in Naypyitaw, led by CPG Consultants and PM Link, and the Kyauk Phyu Special Economic Zone Management Committee for the development of the master plan and management of the tender process for the Kyauk Phyu Economic Zone (SEZ). (Visit http://kpsez.org/about-kp-sez/ for more information)

The Myanmar government could have seek IDA assistance & grant, conditional loans & low-interest loans, and catalyze long term funding from foreign institutions, mobilize local resources as well as foreign loans, mezzanine loans, bonds, and equities to ensure a successful financing solution for the mega development which include a deep sea port, industrial zone and residential zone. The power industry needed to supply to the Kyauk Phyu SEZ especially the industrial zone would be another critical factor to ensure the success of the SEZ.  


Wednesday, March 15, 2017

《青天白日满地红》与我的中学校歌

今年才发现原来唱了那么多年的中学校歌是改自《青天白日满地红》。《青天白日满地红》也成为了中华民国的国旗歌。
https://www.youtube.com/watch?v=HTrZ9Sz4rLI
https://www.youtube.com/watch?v=p-9Z6gZAqxc

Saturday, January 7, 2017

RM50 million Budget Only for Chinese Vernacular Primary Schools in 2017?

Salam Curi-curi wang Malaysia.

There are 6.65 mil. Chinese in Malaysia and the government allocates yearly funding for these vernacular primary school at RM7.5 (USD 1.76 per year) per Chinese head count. Wonder how much is allocated for the other vernacular schools types.

Btw a Starbucks coffee will cost RM20 a cup now. The currupted MO1 get RM2.6 bil. in his account.



http://www.themalaymailonline.com/malaysia/article/chinese-primary-schools-to-get-rm50m-after-jan-19-minister-says


Tuesday, March 1, 2016

Citizen Engagement in Carbon Tax Initiative

Social problem:
Greenhouse gas (GHG) emissions due to human activities are the main contributors to global climate change. This a problem should not be ignored but the current carbon credit mechanism introduced under the Kyoto Protocol has not shown much improvement in term of getting the less developed or developing countries to adopt better but more expensive technology which reduces GHG emission. Developing countries are able to earn certified emission reduction (CER) credits through emission reduction projects under Kyoto Protocol driven initiatives. The price of the carbon credits has been low due to less demand from the developed countries. In order to increase the demand of carbon credit, a form of carbon tax should be levied against entity/organizations which contribute to the GHG emission above a certain limit. Entities may purchase carbon credit to offset their GHG emission in order to reduce the carbon tax. This in turn will generate demand and prices of carbon credit and helping less developed countries to adopt more efficient technology.


Objective of citizen engagement initiative:
To call for all global citizens to address their support to carbon tax and carbon credits. This will lead to positive change in reducing GHG emission.


Key players:
  1.    The governments of developed and developing countries should spearhead this initiative and they are best placed to do so because carbon tax may increase the country’s treasury income and encourage their citizens to be more energy conscious. Although the carbon tax would increase the cost of doing business for the whole industries, the benefits of education and environment conservation are priceless especially when we are potentially facing the treat of non-reversible climate change due to GHG emission.
  2.   The target audience would be the global citizens. Participants are recruited by propaganda and social media.
  3.    I will partner with NGO, countries’ Ministry of Environmental and United Nation Framework Convention on Climate Change.


The initiative works by:
  1.    Using blog and social media to reach my objectives because social media ride on internet without borders or at least less barrier than other means of tools such as regional press, paid mass media and etc.
  2.     My chosen tools enable me to use free internet and website to address my view and opinions as well as gather public’s views and comment to my initiatives.
  3.      A good initiative that has real benefit to the public and our beloved earth will eventually grow into a rolling snowball that will actually pushing the governments to take into consideration of the people’s voices.



Risks and opportunities:
The risks of this initiatives will be that it could invite attack from stakeholders especially those who are rich and benefitting from GHG emission related business. When social cause does have conflict of interest with business, thing’s get complicated and ugly especially when it involves billions of money. Strategy such as sincere research and understanding from the public can be used to gain support for priority of global sustainability.
The opportunities are that the initiatives would create a bigger market for saleable carbon credit and create jobs for the people while increasing the global productivity and efficiency among other. The carbon tax collected could be used for developing sustainable projects and building the capacity of human resource and education.


Success:

If this initiative is successful, we will see that the carbon tax actually encourage the demand and hence growth of global carbon credit market which can be measured on size of the market and the rise of the price of carbon credit. The stability of carbon credits’ prices would help and encourage less developed or developing countries to adopt more efficient technology or method instead of the usual old way that generate huge GHG emission. One carbon credit represents a tonne of carbon dioxide (or equivalent gases) removed or reduced from the atmosphere from an emission reduction project, which can be used, by governments, industry or private individuals to offset damaging carbon emissions that they are generating. The emission reductions would not have occurred without the combined initiative that the carbon credits provide.


游子,幼子,柚子与浪子的区别

游子与浪子的区别在于游子逢节赶回家,浪子逢春不归家。

幼子与浪子的区别在于幼子蓄发辫子拔,浪子留发一大扎。

柚子与浪子的区别在于柚子健胃润肺达,浪子未见人为他。

Saturday, June 20, 2015

Pursue High-Speed Rail Project under Public Private Partnership Scheme

A high-speed rail (HSR) linking Kuala Lumpur (KL), the capital of Malaysia and Singapore was proposed by private sector both in the 1990s and year 2006 but was shelved due to high cost.

The HSR can reduce the travel time between KL and Singapore to 90 minutes and will bring huge economic and social benefits to both countries.  In year 2013, both governments agreed to cooperate and share the huge investment required for the HSR project.

The HSR project could be developed as a public-private partnership (PPP) scheme to tap the private fund and gain the efficiency of private sector.


-          What is the infrastructure problem that the PPP is trying to solve?
-          Currently, the KL – Spore route is serviced by 3 main modes of transport: air, road and an existing intercity rail network. The travel time between the two neighbours is about four hours by car.
-          According to Malaysia’s Land Public Transport Commission (SPAD), there is a need to improve connectivity between the two countries. The currently traffic congestion is acute and the capacity of the Causeway has exceeded 33%.
-          The HSR project cannot be fully funded by either government or private sector alone due to its huge upfront capex and long gestation period. Realistically, a substantial amount of government assistance is required in the form of either soft loans or grants.
Source: SPAD


-          What services are to be provided and are these services affordable?
-          It will greatly reduce the travel time between the two neighbours to 90 minutes from about four hours by car.
-          HSR is an efficient and safe mode of transport.
-          The HSR project does not only transporting people but also act as an economic catalyst to further develop and spur new modern townships and economic activities along the lines that will cross towns in southern part of peninsular Malaysia .

 
Source: SPAD


-          What are the reasons that the private sector would want to participate?
-          PPP would enable the private partner to capture the benefit of the ‘whole-life’ approach to operation and maintenance
-          PPP scheme enables long-term profitable concession thus garners local and international interest. The routes relevant for the Southern Corridor HSR saw strong growth with the total travel market growing from 5.47 million passenger-km in 2005 to 7.45 million passenger-km in 2011.
-          The HSR is dubbed as South-East Asia’s most ambitious infrastructure project and the region’s first HSR along a 340km link. Being selected as the private partner in this PPP project would form a good profile for the private parnet for future jobs and tenders.
-          The HSR project has the supports from both private and public sectors because the HSR project is economically sensible and politically acceptable.
-          Private sector with experience in building and operating the HSR line would produce better outputs with broader perspectives toward the project life cycle (LCC). LCC considerations give flexibility to the designer, builder and operator opportunity to be more efficient.
Source: SPAD


-      How should these risks be allocated? Consider the country context in judging the risks and who should take them.

-          The development cost of high-speed rail (HSR) project could possibly be divided between the two governments based on geographical location of the project’s infrastructure, which is reportedly more than RM38bil.
-          As HSR service would be an alternative mode of transportation other than road transport and air transport, using a user-fee PPP would be more appropriate than availability-based PPP.
-          The private party is usually allocated the risk of demand for use of the HSR, in addition to the risks of design, finance, construction, and operation.
-          In view that the HSR project would benefit not only the HSR users but would also contribute to the development of economic and social aspects identified as economically viable, the HSR demand risk may be allocated partially to the public authority that may share the risk by underwriting a minimum level of usage and provide subsidy.
-          long-term risk transfer can be achieved in the PPP structure, especially as to maintenance risk. This is because it may be cheaper for the Design, Build & Operate (DBO) contractor to walk away than to deal with a long-term problem with maintenance costs.
-          because the debt funding is not provided or guaranteed by public-sector, private lender’s discipline over the process is intact
-          construction, completion and maintenance risks remain with the private sector
-          Tapping the private sector’s strengths in securing finance, technical expertise, construction knowhow and operation experience in a PPP project would ensure that specific risks are allocated to those who best handle it.




Tuesday, June 16, 2015

High Speed Rail and Public Private Partnership (PPP)

A high-speed rail (HSR) linking Kuala Lumpur, the capital of Malaysia and Singapore was proposed in the late 1990s but was shelved during the Asian financial crisis due to high cost. In year 2006, private investor began to lobby the two governments, raise funds and plan the project but the Malaysian government halted the project again citing high-costs of over RM 8 billion (US$ 2.5 billion).

The primary objective for the HSR is to reduce the travel time between Kuala Lumpur and Singapore to 90 minutes. The HSR project will bring huge economic and social benefits as well as development potential to both countries.  In year 2013, both Malaysia and Singapore governments agreed to cooperate and share the huge investment required for the HSR project, which is reportedly more than RM 38 billion.

According to Malaysia’s Land Public Transport Commission (SPAD), private participation is expected and that the public-private partnership (PPP) scheme could rely more on government financial support as the development cost is relatively high.

1. Risk allocation
As HSR service would be an alternative mode of transportation other than road transport and air transport, using a user-fee PPP would be more appropriate than availability-based PPP. The private party is usually allocated the risk of demand for use of the HSR, in addition to the risks of design, finance, construction, and operation.
In view that the HSR project would benefit not only the HSR users but would also contribute to the development of economic and social aspects identified as economically viable, the HSR demand risk may be allocated partially to the public authority that may share the risk by underwriting a minimum level of usage and provide subsidy.

2. Successful factor
If PPP approach is opted, HSR project of this size would require huge commitments from the private and public sectors both financially and politically. Tapping the private sector’s strengths in securing finance, technical expertise, construction knowhow and operation experience in a PPP project would ensure that specific risks are allocated to those who best handle it. Different incentive structure in private sector and public sector would generally incentivize the private sector to be more efficient in delivering their service and with higher value for money applicable in PPP.

Although the HSR project has not yet started, the commitment from the government of both countries including the setting-up of Land Public Transport Commission (SPAD) shows that political champion to this PPP project is well secured.

Like other Mass Rapid Transit system currently under the purview of SPAD, it is believe the HSR project would be successfully executed through a transparent and competitive bid process, and well managed with the right mix of global and local experts.

3. Should it be done as PPP?
In my opinion, the HSR project should be done as a PPP. It has the supports from both private and public sectors because the HSR project is economically sensible and politically acceptable. As the government is facing tight fiscal condition that would not allow full public procurement, a PPP approach would be suitable to this HSR project.

PPP would allow private sector player to participate in the design, build, finance, operate and transfer (DBFOT) of the HSR project for real efficiency gains. Private sector with experience in building and operating the HSR line would produce better outputs with broader perspectives toward the project life cycle (LCC). LCC considerations give flexibility to the designer, builder and operator opportunity to be more efficient.



Monday, November 25, 2013

Myanmar Waves


The current version of Lonely Planet (2013) for Myanmar is out of date. The book advised travelers not to change at the airport exchange booth as the official rate is less than a tenth of the black-market rate.

However, this is no longer the case. Now, you can change not only USD, but also Singapore Dollars, Euro, and Japanese Yen at the airport exchange booth with good rates. One thing remain is that your USD bills must be in crunchy or new without folds. USD 100 bill will get a better exchange rates than smaller bills. To-date as in November 2013, USD $1 = Kyat 969 ; SGD $1 = Kyat 774.

I have tried the Myanmar food at good restaurant as well as roadside stalls. Hygiene is an issue here as most of the roadside stalls do not have direct clean water supply but they take it from somewhere else. Thus, the food seller would minimize the water usage and wash the cups and plate in the same container repeatedly. So far, i have only experienced once in which i had one whole day diarrhea after consuming a plate of noodles at a food stall next to a cinema near Park Royal, Yangon.


Looks nice? It caused me farted the whole night and went to toilet first time at 3am in the morning and 2nd at 4am, 3rd at 430am and subsequently the next whole day.






These 3 photos above were taken at Feel Restaurant near Pyidaungzu Yeiktha Street.









Monday, October 17, 2011

Volunteering that Makes Us Smile

Volunteering that Makes Us Smile Know Korea / Know Korea

2011/10/17 09:49

복사http://blog.naver.com/korea_brand/10121582215

Volunteering that Makes Us Smile

It is said that taking care of teeth from your childhood is very important. A recent study shows that taking proper care of teeth prevents the heart disease. The basic is to brush teeth in a proper way and scale teeth on a regular basis. But there are many people who cannot afford it. A charity group has been doing a service for those since long ago.

The joy in Volunteer Work


< Annual meeting for better volunteering> (Source: Yollin Dental Society)

Yollin Dental Society was established in 1999 to volunteer for poor neighbors. It is blowing a fresh breeze into many dentist groups in Korea. The targets are those who abandoned, seniors who live alone, and Korean-Chinese. Well, the Yollin Dental Society is busy enough to go to different places everyday that needs their help.

Then, how do they volunteer? Once the dentist license holder becomes a member of Yollin Dental Society, he gets a volunteer-schedule on a regular basis. Considering his/her schedule, the next step is to apply in advance. It is also good for building friendship among volunteers.

Kim Seong Moon, the newly elected president of Yollin Dental Society, said that the progress of the volunteer group cannot be made by just one or two persons’ efforts. He emphasized that passion and devotion from each person are the keys to achieve the progress and strengthen the friendship among members.

To Abroad!



(Source: Health Korea)

Yeolin dentist group went abroad for a volunteer work for the first time this year. Kim prepared for international volunteer with passion. The original plan was to set up clinics abroad in order to provide Korean medical services for people in developing countries. They are planning another overseas volunteering project on a regular basis in the near future.

The first destination was Indonesia. As it is a first international project, they already conducted a field trip, and did a lot of research. Finally, 25 dentists flew to Indonesia for a volunteer work from 29th of July to the 3rd of August. They treated factory workers and neighbors at factory of Dada Korea in Laya 76 km away from Jakarta. 309 patients were treated through the volunteer work.

Arrived very late, the dentist group set up the equipments until dawn and started to treat patients from the next morning. The situation was not so good. Mostly, they extracted and scaled teeth for local people, which continued for six days. In addition, they did a skin care and nail care for female workers and opened flee market with Korean items they brought from Korea. Of course, it was very popular.


(Source: Asia Economy)

The president of the group said, “More than 700 people wanted to be treated but only 300 people had opportunities due to the schedule. But I’m very glad to get things done without any accident.”

Yollin Dental Society marked 11th anniversary. Two hundred volunteers have treated seven thousand people so far. They have grown up as one of the most famous volunteer groups with six clinics in Korea.

Dental care is very important but it costs a lot of money. Until now, dental care was not affordable to low income class. However, we have Yollin Dental Society, and it seems that they will be the strong supporters.

Tuesday, October 4, 2011

Fall Foliage Trip to the South

Article picked from
http://blog.naver.com/korea_brand/10120391749

Starting from the North to the South, whole place is changing its color as it gets closer to the end of autumn. Autumn leaves turn red when the weather gets cold, so mountainous Gangwon-do become the first place of autumn leaves. When you look down from the sky, leaves descend to the South and finally stop at Jeju island.

Shall we move on to the South?

Foliage Trip to Mt.Palgong

Mt.Palgong, which is located in Daegu, is always popular among many people. You don’t need to spend much time and money to enjoy the autumn leaves. The mountain is said to be the most beautiful in late October.

Trip to autumn leaves starts at the entry to the Mt.Palgong. 1,300 gingko trees are lined up along six kilometer long road between Gongsan tunnel and School, which is very popular car driving course. Going down the road after tunnel, you will be amazed at gingko trees. It is fantastic to see golden wave of gingko trees.

When you turn to Dongwha temple at Baekan intersection, you’ll meet the line of gingko trees. After passing by school, you’ll meet maple trees. It is simply beautiful.

Plus, Mt.Palgong belt way is very popular among drivers for the beauty of its maple trees. The whole mountain is full of red color when the fall reaches its peak. You’ll definitely be amazed.


(Source:Yonhap News)

Hiking is the best way to enjoy the autumn of Mt.Palgong. There are many hike ways in the mountain such as Buin temple road, Gatbawi road and Dongwha temple road. Some buddhists pray toward Buddha statue at Gatbawi. This buddha statue was made in Shilla dynasty and became known as praying site for education, health, occupation, and baby boys. Many people come to this site to pray for their own wish every day.

Trekking to the Autumn of Mt.Jiri

Mt.Jiri is the second highest after Mt.Halla of Jeju island. This mountain is huge. There are so many famous and beautiful sites in the mountain. Autumn leaves of this mountain are as beautiful as other mountains.

Autumn leaves start to turn red in late September at Mt.Jiri. It is not well-known but you can enjoy autumn leaves earlier than any others in southern part.

Foliage of Mt.Jiri will start in 5th of October at Cheonwang peak, about 15th at main line, between 20th and 25th at Pia valley and three or four days later than Pia valley at Baemsa valley. If you want to get the most beautiful scenery, you should go up to Cheonwang peak. The most beautiful hike way is between Sesok and Chunwang Peak.

Cho-Sik, a scholar of Joseon dynasty, said “Don’t tell anybody that you’ve seen foliage without seeing the foliage of Pia valley. Foliage of Jikjeon is one of ten beautiful sceneries in Mt.Jiri. Pia Valley is famous for hike way of foliage. Foliage hiking in Pia valley starts at Seongsamjae and continues to Nogodan and descends to Pia valley or moves forward to Baemsa valley. This hike way has so beautiful scenery that many people take this way.

Foliage in Baemsa valley is as beautiful as Pia valley. Pia valley is famous for foliage whereas Baemsa valley is famous for valley itself. Baemsa valley is nine kilometer long and colorful leaves harmonize with that valley. Foliage spreading from Banseon complex to Ganjangso is regarded as the most beautiful scenery in Baemsa valley.



(Source: Korea Tourism Organization)

There are some other foliage sites to see in Mt.Jiri. Various hike ways have been developed since long time ago. Shall we take a trip to Mt.Jiri?

Mt.Dyuryun, the Harmony of a thousand years history and the beauty of the Mountain

Duryun mountain, which is located at the southernmost peninsula, is full of evergreen broadleaf and deciduous broadleaf. There are some national treasures such as Daedun temple, Pyochung temple, the bell of Tapsan temple and so on.

Duryun mountain is well known for camelia and foliage. The valley is two kilometers long from the group facilities complex to the temple. The latest foliage, regarded as one of the most beautiful autumn scenery, can be seen there.



(Source:Daeheung Temple Wesite)

The best scenery of this mountain is a maple tree forest of the way to Daehung temple. Take a walk through the temple gate. You’ll refresh yourself. Maple forests and camellia can be seen. Trees are like tunnel. When you cross a bridge, there is tunnel of maple trees.

Let’s walk through the yellow and red gingko trees and maple forest and keep going up along the car road. Mountain is covered up with yellow and red wave. Crossing valley and bridge, you’ll meet Youseondang and backdrop of foliage which are the highlight of the journey. The last of the journey is the road up to Daehung temple.

Maple Leaves of Mt.Halla, the Southernmost of Korea

Foliage of Mt.Halla in Jeju island is not as well known as other sites. The famous sites are Wanggwanneung, Mansae hill, road between Youngsil rest area and Byeongpung rock area, road 1100 and 516. In particular, uniquely shaped 500 rock pillars stand at Youngsil rest area and Byeongpung rock area. The area is probably the most beautiful site.

Youngsil of Mt.Hallan is easy to access for all walks of life. Youngsil course starts at pavilion. Road to Youngsil is flat, however, the pine trees and maple forests along the road will lead you to the unique landscape. Walking a little further up, you can have good scenery of foliage. Maple forest starting under the Byeongpung rocks continues to gate of the hike way. It is magnificent.

Another joy of Jeju trip. If you have a plan to go to Mt.Halla, do not miss autumn foliage in Youngsil.


(Source: Yonhap News)

How was the journey? Autumn is right at the corner. Shall we take a walk and breathe in the forest of autumn foliage?