May 25, 2016
The Korean daily media headlines and humor
Wednesday, May 25, 2016
Your Excellency:
Here are The Korea Post notices and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today:
Very Respectfully Yours
/s/
Lee Kyung-sik
Publisher-Chairman
Korea Post Media
P.S.: 1. To see the desired site, press down the Control key and click the blue URL of the media.
2. If received by a person other than the intended recipient, please kindly convey the mail to His/Her Excellency.
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A quick roundup of major news stories from the Korean media today:
KBS (http://world.kbs.co.kr/english/news/)
STX Shipbuilding to be Placed under Court Receivership
STX Offshore and Shipbuilding Company will be placed under court receivership.
The company’s creditor bank, the Korea Development Bank(KDB), revealed the decision during a meeting in Yeouido, Seoul on Wednesday.
Park Administration Reviews Whether to Veto Hearing Rule amid Opposition Warnings
Anchor: The opposition camp is pressuring the president not to veto the recent revision to the National Assembly Law that makes it easier for parliamentary committees to hold hearings on pending issues. While the administration is now reviewing the legality of the bill, an aide to President Park Geun-hye said that she could make a decision on the matter during her current trip overseas.
Our Bae Joo-yon has more.
Park Administration Reviews Whether to Veto Hearing Rule amid Opposition Warnings
Assembly Speaker Believes Pres. Park Won't Veto Hearings Bill
Unification Ministry: Private Inter-Korean Exchanges Inappropriate for Now
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Yonhap (http://english.yonhapnews.co.kr)
Defense Minister to attend regional summit to discuss NK nuclear, regional issues
South Korea's defense chief will leave for Singapore early next month to attend a regional security meeting where he will exchange views on North Korea's nuclear provocation and other mutual issues, Seoul's officials said Wednesday.
PM calls for measures to bolster safety for women in wake of Gangnam stabbing
Prime Minister Hwang Kyo-ahn on Wednesday said the country will come up with measures to better protect women and vulnerable citizens from crimes, as the recent stabbing of a female in southern Seoul sparked a public outcry for more security.
IMF team to visit Seoul for annual meeting
A team of officials from the International Monetary Fund (IMF) will visit South Korea this week to assess its economic conditions and exchange opinions on economic, financial and fiscal policies, the finance ministry said Wednesday.
Rights watchdog to recommend government tighten corporate ethics
The state human rights watchdog on Wednesday said it will recommend the government require state-funded corporations to consider a human rights factor in their operations, a move to shore up corporate ethics. The decision came amid the prosecution's sprawling investigation into the toxic humidifier disinfectant case that sparked intense criticism against businesses that churn out products despite their potential health risks.
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The Korea Herald (http://www.koreaherald.com)
HMM's fate in hands of chartered fleet owners
Creditor banks of Hyundai Merchant Marine were widely likely to approve a 760 billion won ($638 million) debt relief pla...
Gender war intensifies amid mourning for murder victim
On Sunday afternoon, hundreds of people gathered to mourn the death of a 23-year-old woman outs...
Blue House considers veto of hearing bill
The government and ruling party stepped up their moves to dissect and deter an eleventh-hour bi...
Ministry backs reports of more N.K. defections
Following last month’s mass defection from China, some workers at another North Korean restaur...
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The Korea Times (http://www.koreatimes.co.kr)
State think tank castigates industrial restructuring process
“There are neither dominant principles nor a control tower,” a state think tank said Tuesday, commenting on the government’s industrial restructuring policy.
N. Korea leader Kim Jong-un seeks husband for sister
North Korean President Kim Jong-un is setting up a matchmaking contest to marry-off his younger si...
Sellers of faulty electronic cigarettes arrested
Police have nabbed dealers who imported over 1 million allegedly defective electronic cigarettes. Global nonproliferation not optimistic due to N. Korea: US think tank
Prospects for progress in global nonproliferation efforts are not bright due to North Korea's continued pursuit of its nuclear program, the U.S. think tank Co...
Ban Ki-moon hides behind ambiguity
U.N. Secretary-General Ban Ki-moon remains tightlipped over speculation that he may run in the 201...
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Dong AIlbo (http://english.donga.com)
US-Vietnam leaders to cooperate for NK denuclearization
The U.S. and Vietnam have agreed to work together to tackle the North Korean nuclear issues.U.S. President Barack Obama and Vietn…
Rangers' Choo Shin-soo suffers injury in return game from injury
Texas Rangers slugger Choo Shin-soo (34) suffered injury again in the first game since his return from injury, and was thus exite…
Ambassador to Italy receives the first Premio Simpatia as a Korean
South Korean Ambassador to Italy Lee Yong-joon (see photo) has received the “Premio Simpatia 2016" award from the Rome city gover…
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Chosun Ilbo (http://english.chosun.com)
Switzerland Bans Exports of Luxury Goods to N.Korea
Switzerland last week banned the sale of 25 luxury goods to North Korea. The 25 items announced by the Swiss Federal Department of Economic Affairs, Education and Research more than double a list of 12 mandated by the UN Security Council.
Late-Shift Workers More Prone to Depression, Disease
Workers pulling late shifts are twice as prone to depression as people working from nine to five, a study finds. A team of researchers found that one in 10 people who work 24-hour shifts feel depressed for more than two weeks out of every year.
Images of Samsung's Latest Smartwatch Leaked
Images of Samsung's new Gear Fit 2 smartwatch were leaked on Monday a week ahead of the official release. The leaked images appeared on a twitter account of a mobile developers' club, with the caption "Gear Fit 2 to be released in June."
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Hankyoreh Shinmoon (http://english.hani.co.kr)
Questions abound ahead of Obama’s visit to Hiroshima
On May 18, I was sitting in a bar in Fukushima-cho - a Hiroshima neighborhood where many Japanese of Korean descent live - across from Kim Jin-ho, director of the Hiroshima Prefecture Association for ..
A living witness to the horrors of atomic bombs
Junko Ichiba, 60, is a living witness. Chairperson of the Association of Citizens for the Support of South Korean Atomic Bomb Victims, she has fought for more than three decades to address the issue o..
Seoul’s stubborn refusals on inter-Korean talks
The Park Geun-hye administration’s biggest slogan in dealing with the North Korean nuclear issue since Pyongyang’s fourth nuclear test on Jan. 6 and rocket launch on Feb. 7 has been that “denucleariza..
Tesla working with South Korean firm on self-driving cars
A South Korean automobile parts manufacturer is reportedly working with Tesla Motors to develop a safety system for self-driving cars. On May 23, multiple sources in the automobile industry said that..
Response to murder shows danger facing women, and their strength
“I was lucky to survive” - this is one of the phrases used to mourn the 23-year-old woman who was brutally murdered by a man she didn’t know simply for being a woman. The phrase encapsulated the feeli..
Memorial to Gangnam murder victim moved to Seoul City Hall
The memorial to a murdered woman that was located outside exit 10 of Gangnam Station in Seoul has been relocated to Citizens Hall at Seoul City Hall. The city of Seoul announced on May 23 that it has..
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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)
Politicians let off steam on restructuring issue
Politicians are meddling in the restructuring of the shipping and shipbuilding industries by encouraging the government to support workers that may be laid off - and seeking punishment for bad managements in the industries. The ruling Saenuri Party and the Ministry of Strategy and Finance…
North Koreans in China asking for help for defection
About 20 North Koreans in China have asked a non-governmental group in Seoul to help them defect to South Korea…
Ministry ramps up toxicity tests on products
The Ministry of Environment called on some 8,000 companies to submit in June complete lists of chemicals…
90 billion won ‘smart factory’ planned
The government and private enterprises such as Hyundai Motor plan to invest 90.9 billion won ($76.3 million)…
Samsung unit gets a biosimilar nod in U.S.
Samsung Bioepis has taken one step closer to entering the United States, the world’s biggest pharmaceutical market…
Recovery, returns of gov’t funds see falls
Amid the ongoing controversy over the size of the bailout for the struggling shipbuilding and shipping sectors…
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The Kyunghyang Shinmoon (http://english.khan.co.kr/)
Secretary-General Ban for President? Politicians Dubious
UN Secretary-General Ban Ki-moon (72) is shaking domestic politics once again. It all began when Ban arrived in South Korea after a year on May 25. His visit ca···
[Editorial] South Korea Should Consider Proposing Inter-Korean Talks for Denuclearization
Yesterday, the Ministry of National Defense replied to a notice from North Korea's Ministry of the People's Armed Forces suggesting working-level talks betwee···
[7th Anniversary of the Death of Former President Roh Moo-hyun] Opposition Politicians Come Together: Pro-Roh Politics Put to the Test
Opposition politicians will come together at the memorial on the 7th anniversary of the death of former President Roh Moo-hyun. On May 22, the Minjoo Par···
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The Korea Economic Daily (http://english.hankyung.com/)
KDI Adjusted 2016 Economic Growth Rate Downward to 2.6% from 3.0% Earlier
＆nbsp; The Korea Development Institute said Korea's economic growth rate this year would be 2.6 percent. In a report "1H 2016 Economic Forecast" published on May 24 by the state-run economic think tank, the institute predicted the nation's economic growth rate would fall short of 2.6 percent this year, 0.4...
Public Hearing on Kim Young-ran Law to Be Held
The Anti-Corruption & Civil Rights Commission will hold a public hearing on the enforcement ordinance of the so-called Kim Young-ran law to go into effect by September at 2 pm on May 24 at Post Tower in Seoul's downtown. As all interested parties, including beef producers and florists who are expect...
Hyundai to Develop EV with Driving Distance of 400 km by 2020
Hyundai Motor will develop an electric vehicle that can drive up to 400 kilometers in one charge by 2020. This is in response to Tesla Motors' launch next year of the Model 3 that can run up to 346 kilometers. According to automobile industry sources and foreign media reports, Hyundai will increase ...
China's CSIC to Streamline Its 6 Shipyards into 3 in the Face of Global Downturn
China Shipbuilding Industry Corp., one of the two biggest state-run shipbuilding companies in China, will undertake a restructuring move to consolidate six shipyards under its wings into three. This is widely interpreted as a sign that China's shipbuilding industry is cutting down on excess capacity...
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AJU Business Daily (http://eng.ajunews.com/korea)
Seoul mayor opposes UN chief joining presidential race
Seoul city mayor Park Won-soon expressed his guarded opposition Wednesday to UN Secretary-General Ban Ki-moon running for South Korea's presidential election next year, …
Chinese trade with North Korea shrinks due to sanctions: Yonhap
China's imports of North Korean goods nosedived 22.3 percent on-year in April, data showed Tuesday, after tightened UN sanctions against Pyongyang have started to bite. …
More North Korean workers desert restaurant in China
A group of North Korean workers deserted their restaurant in China this month, South Korea's unification ministry said Tuesday, in an apparent attempt to …
Chinese publicity chief hails South Korea trip as successful
Liu Qibao, China's publicity chief is in conversation with South Korea's parliamentary speaker Chung Ui- hwa [Namkung Jinwoong=timeid@] ? China's publicity chief Liu Qibao hailed…
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ETNEWS (http://english.etnews.com/)
Aladdin Lights to Enter North American and European Markets
Aladdin Lights (CEO Choi Sung-ho) is exporting flexible LED lighting equipment to North American and European markets and has recently signed a contract with Zyligh...
SKT to Implement Fastest Speed Based on LTE
SK Telecom is going to start providing speed of 500Mbps in June and has announced its vision of achieving 1Gbps with only LTE through 5-Band CA (Carrier Aggregation...
LG Display to Supply Dual-Edge OLEDs to China
LG Display is jumping into Edge (curved) OLED display markets for Smartphones and it is predicted that this will break monopolistic structure that was created by Samsung ...
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Maeil Business News Korea (http://www.pulsenews.co.kr/ )
U.S. FDA accepts to review license for Samsung Bioepis’ Remicade copycat drug
Samsung Bioepis Co., a biotechnology research and development unit of Samsung Group, announced on Tuesday that the U.S. Food and ...
KDI cuts Korea’s 2016 GDP outlook to 2.6 percent
State-run think tank Korea Development Institute (KDI) slashed its forecast on this year’s economic growth to 2.6 percent from ...
BOK-led capitalization plan of corporate restructuring picks up
The plan to have the Bank of Korea (BOK) come up with the funding for state banks in their efforts to finance corporate ...
Korea’s cable TV operator D’Live may fall under creditor management
D’Live Co., the third largest cable TV service provider in South Korea, is on the verge of falling into the hands of 21 ...
Korean state utility firm KEPCO to pull out from non-core businesses
South Korea’s state-owned electricity company Korea Electric Power Corp. (KEPCO) plans to shut down its non-core businesses ...
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Your Excellency:
Send your latest press release(s) in Korean to (www.koreapost.co.kr) for immediate publication and in English to korpost@chol.com.
They are published by the five media outlets of The Korea Post, including the Korean-language Internet newspaper, English website and the Korean-language newspaper (http://pdf.koreapost.co.kr/13/1301.pdf).
Very Respectfully Yours
/s/
Lee Kyung-sik
Publisher-Chairman of The Korea Post
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Chairman Lee has a lot of up-to-minute hot information to be shared with Your Excellency. Do your esteemed country a favor and bring the two great countries closer together using Chairman Lee Kyung-sik of The Korea Post, who owns and operates five print and Internet news media, including Korean-languagewww.koreapost.co.kr, English www.koreapost.com and Korean-language newspaper http://pdf.koreapost.co.kr/14/1401.pdf. Use Chairman Lee and his five news outlets for the sake of your great country!
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The Korea Post now has a new Vice Chairman
Resume of Vice Chairman Choi Nam-suk of The Korea Post
The Korea Post continues to expand its staff strength, and most recently welcomed Mr. Choe Nam-suk as its Vice President. He is now second in command at The Korea Post publishing five media units, 3 in English and 2 in the Korean language. A brief personal resume of Vice Chairman Choe follows:
Name in Full: Choe Nam-Suk (Mr.)
Date of Birth: January 4, 1949
Education: Seoul National University (Major: English & English Literature)
Military Service: Foreign Liaison Officer (1st Lieutenant)
Headquarter Office, ROK Air Force
Major Social Career:
1984-1989: Account Director, Oricom Marketing, Communications Agency
1990-1994: Director in Charge of Public Relations, Halla Business Group
1995-2000: Vice President, Int'l Affairs, Iksan, Advertising Group
2002-2014: Executive Director, The Economic Report, English Economic Monthly
2016: Vice Chairman, The Korea Post Media Group
