May 26, 2016

The Korean daily media headlines and humor

Thursday, May 26, 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/)

S. Korean President Vows to ‘Stand’ as Reliable Partner to Ethipoia

South Korean President Park Geun-hye has vowed to stand as Ethiopia’s reliable partner on its path towards growth and development.

UN Ban Implies Possible Presidential Bid in 2017

Anchor: UN Secretary General Ban Ki-moon has made comments that he could run in the 2017 presidential race in South Korea, in his first visit to Korea since coming here one year ago. Ban said he would “contemplate and decide on his role as a South Korean citizen” once his eight-year tenure ends in December.

Park Arrives in Ethiopia

President Park Geun-hye has arrived in Addis Ababa in the first leg of her trip to Africa and France

UN Ban Implies Possible Presidential Bid in 2017

S. Korean President Vows to ‘Stand’ as Reliable Partner to Ethipoia

Park Arrives in Ethiopia

S. Korea to Host AfDB General Meeting

Samsung Electronics Hints at Counter-Suit Against China's Huawei

STX Shipbuilding to be Placed under Court Receivership

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Yonhap (http://english.yonhapnews.co.kr)

Samsung adds patents across globe to prepare for disputes

The number of patents registered by South Korea's Samsung Electronics Co. in the United States last year jumped nearly two-fold from six years ago, a company official said Thursday, as the tech player battles for an upper hand in the ongoing global patent wars.

Doosan Bears' offense firing on all cylinders

For all its advanced statistics and complicated strategies, baseball can actually come down to a simple formula: If you score more runs than your opponent, you win.

Salaries at top tier firms more than double of bottom tier: data

Employees at South Korea's top 30 percent of companies in terms of sales are getting paid more than double the salaries of their counterparts in the bottom 30 percent, according to an analysis released on Thursday.

Renault Samsung to unveil face-lifted SUV in Sept.

Renault Samsung Motors Co., the South Korean unit of French automaker Renault S.A., is expected to unveil a face-lifted version of its QM5 SUV in September in the country, industry sources said Thursday.

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The Korea Herald (http://www.koreaherald.com)

STX Shipbuilding likely to face court receivership

Creditor banks said they have begun discussing whether to put Korea’s midsized shipbuilder STX Offshore & Shipbuilding ...

Ban hints at possible run for president

U.N. Secretary-General Ban Ki-moon on Wednesday gave a strong indication that he may decide to ...

Banks set to suffer from exposure to troubled shipbuilders

As the specter of bankruptcy rises for Korea’s shipbuilders, concern is growing over local ban...

Korean women fight morning-after pill rule

About two years ago, Jeong Yu-jin faced an unexpected predicament. After having unprotected sex...

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The Korea Times (http://www.koreatimes.co.kr)

Air Force website shut down after hacking attack

The website of the Air Force has remained shut down since it was hacked about two weeks ago, officials said Wednesday.

No-tip trend emerging in US 

DALLAS - Planning a trip to the U.S. this summer? Not a fan of tipping? 

Foreigners dial into Yongsan for cheap used phones 

Seoul’s Yongsan district, which used to be Korea’s mecca for electronics, has become popular among... 

Helping babyboomers to prepare for post-retirement life 

In his 2015 essay about living as a novelist, Japanese writer Murakami Haruki mentions the need of...

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Dong AIlbo (http://english.donga.com)

China's Huawei files patent lawsuits against Samsung

China's Huawei has sued Samsung Electronics for patent infringement in the U.S. This is the first time that a Chinese company has…

Records of Korean, Japanese outcast groups’ cooperation named UNESCO world heritage items

Records of exchanges during Japan’s colonial rule of Korea between groups that fought against discriminations the two countries h…

Doubled CCTV and 24-hour monitoring in Han River Park

The security level of the Han River Park areas in Seoul will be significantly strengthened. The number of CCTVs in the parks will…

Park Tae-hwan postpones meeting with KOC twice

Chances are now higher that swimmer Park Tae-hwan’s bid to participate in the Rio de Janeiro Olympics will end in failure. Park

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Chosun Ilbo (http://english.chosun.com)

3 N.Koreans Fled from Restaurant in Weinan

Three North Koreans who recently defected from China worked in a restaurant in Weinan, Shaanxi Province, it emerged Wednesday. The three had earlier worked in a North Korean restaurant in Shenyang, Liaoning Province but moved to Weinan a few months

Sanctions Slash Chinese Imports of N.Korean Products

China's imports of North Korean products declined more than 20 percent last month compared to the same period of 2015 as Beijing began to implement UN Security Council sanctions against Pyongyang. According to statistics by the Korea International Trade Association, China imported US$161 million worth of North Korean products in April.

How to Persuade Children to Read

Persuading children to read has always been an uphill struggle, but never more so than in an age of constant digital overload. This is forcing schools to think outside the books or face producing a generation of functional illiterates.

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Hankyoreh Shinmoon (http://english.hani.co.kr)

Int’l Booker winner Han Kang says “this is just the beginning”

After being awarded the Man Booker International Prize, South Korean writer Han Kang stressed the untapped potential of Korean literature. “Good translators of Korean literature like Deborah Smith, w..

UN Resolution mandates that Ban Ki-moon from running for president

The United Nations officially adopted a resolution restricting secretaries-general from taking government positions immediately after stepping down, it was confirmed recently. The discovery comes am..

Government research institute slams ongoing corporate restructuring

A senior analyst at the Korea Development Institute, a government-funded research institution, candidly expressed his disapproval of how the government and creditors are handling corporate restructuri..

Seoul says more North Korean restaurant staff will defect

The South Korean government confirmed reports on May 24 that staff at a North Korean restaurant in China hoped to leave for South Korea in the wake of another group defection last month. Speaking at ..

Baby boomers stuck supporting their elderly parents and adult children

A 63-year-old man surnamed Lee and his wife, who live in Goyang, Gyeonggi Province, both have jobs. Lee was head of the overseas branch of a construction company, but he was retired early and started ..

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JoongAng Ilbo (conservative): (http://koreajoongangdaily.joinsmsn.com/)

Ban Ki-moon’s return home parsed politically

UN Secretary General Ban Ki-moon landed in Jeju Island Wednesday on a highly anticipated visit as his homeland ponders whether he will make a run for the presidency next year. The 71-year-old UN chief arrived in Jeju Island Wednesday afternoon and attended a meeting with senior journalists arranged by the Kwanhun Club…

Saenuri attempts to avert schism

Factional leaders of the Saenuri Party agreed to a ceasefire to save the ruling party from splitting…

Diesel price pits ministries against each other

Disagreement reigns between government departments over whether to raise the price of diesel to discourage…

Current crisis ‘bitter medicine’ for shippers

Lim Kitack, secretary-general of the United Nations International Maritime Organization (IMO), said the current debt crisis…

Lee calls for change in method to calculate GDP

Bank of Korea Gov. Lee Ju-yeol has stressed the need to improve methods to calculate gross domestic product (GDP)…

STX to go into receivership after second salvage plan fails

Troubled shipbuilder STX Offshore & Shipbuilding will go into receivership as there is no sign that a further cash bail-out…

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The Kyunghyang Shinmoon (http://english.khan.co.kr/)

I Am Scared of South Korea

Let’s take a look at a few things that happened recently in our country. Ten days ago, Seolhyun and Jimin of the girl band AOA released an apology for failing ···

Government’s Information Policy on North Korean Defectors Changes after the Parliamentary Elections

Another group of employees of an overseas North Korean restaurant left the workplace and escaped to a third country. This happened only forty days after twelve ···

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···

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The Korea Economic Daily (http://english.hankyung.com/)

Who Is Responsible for Collapse of the Shipbuilding Empire?

Korea's shipbuilding industry, once the world's largest, is in irreversible decline. The government and Korea Development Bank said on May 25 that they would push for a workout program to STX Offshore & Shipbuilding instead of the currently ongoing voluntary agreement with creditors. Although the fa...

Huawei Files Lawsuit against Samsung in American and Chinese Courts

Huawei Technologies Co. Ltd., China's largest mobile device manufacturer and the world's biggest telecom equipment supplier, has raised a lawsuit against Samsung Electronics for infringing upon its smartphone patents. This is the first time for a Chinese company to challenge Samsung in a patent suit...

E-Land Kim's Club to Be Acquired by KKR of the U.S.

E-Land Group will sell the 70-percent stake in Kim's Club, its discount store unit, to American private equity firm Kohlberg Kravis Roberts (KKR & Co.) at about 400 billion won. Although the retail group wanted to sell off all of the 100-percent stake, it decided to retain 30 percent

Naver Stock Price Flies High

Naver’s stock price is flying high and is about to join the top-five rank in terms of market capitalization. Naver shares were closed at 694,000 won on May 24, up 0.58 percent from the previous trading day. Over the past three months, Naver’s share price rose 19.65 percent. During this period, for...

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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/)

South Korean Government to Start Two Verification Projects for Dron...

South Korean Government is starting a verification project to promote drone industry and to find new business models. It is planning to use drones to examine pow...

LG Electronics to Release 77-inch LG Signature OLED TV in July

LG Electronics is releasing $38,030 (45 million KRW) 77-inch TV, which is supposed to be next OLED TV model for LG Electronics¡? ultra-premium brand calle...

AliPay to Start Major Businesses in South Korea

It is seen that AliPay is current working on employee scouting project with South Korea¡?s credit card companies in VAN and IT business fields to enter ...

NPS Develops World’s Biggest Graphene Synthetic Equipment

A small South Korean company has succeeded in developing a world¡?s biggest 70-inch graphene synthetic equipment. Graphene is a new material that has 100 times faster electron movement speed than sil

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Maeil Business News Korea (http://www.pulsenews.co.kr/ )

Korean creditors opt for court receivership for STX Offshore & Shipbuilding

STX Offshore & Shipbuilding, Korea’s fourth largest shipbuilder, is headed for court management after the shipbuilder failed to ...

Hanjin Shipping’s dry bulk carrier held hostage in South Africa due to

A dry bulk carrier that South Korea’s ailing shipper Hanjin Shipping Co. services on a sea route in South Africa is reportedly ...

Hyundai Motor readies 200-mile EV to challenge Tesla Model 3

South Korean auto behemoth Hyundai Motor Co. will develop a pure electric vehicle (EV) as a formidable challenger to ...

Rosy outlook for Hanwha Q Cells on rising solar power demand in U.S.

Hanwha Group’s solar energy business that has been generating profit for four consecutive quarters is expected to fare even ...

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Special notices:

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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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Include The Korea Post chairman in your Kakaotalk partner list for HOT NEWS!

His personal mobile phone number is 010-5201-1740.

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

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