The Korean daily media headlines and humor

The Korean daily media headlines and humor

Friday, June 3, 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

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Preview of the Letter from the Publisher of the June issue of The Korea Post

The Korea Post is at your service

There are a total of 111 resident embassies in Seoul and each country has her National Day which is celebrated with a reception at a five-star hotel banquet hall in Seoul with an attendance of around 300 to over 1,000 Korean and international guests.

Many of the embassies also celebrate the anniversary day of the establishment of diplomatic relations with Korea, and the range and scale of celebration and guest attendance are more or less the same?though some are smaller in scale.

The Korea Post media has recently sold one of its real estate properties (valued at some US$2 million), and is planning to use the fund in the expansion of its activities.

One of them is to support the National Day functions of the embassies in Seoul and other similar events of the embassies such as hosting of seminars and celebration of the diplomatic anniversaries.

As is widely known, The Korea Post media, established 31 year ago in 1985, now operates a total of five media units, namely two Korean-language news media and three others in the English language. The five news outlets can fully cover such functions for the benefit of the embassies and various segments of Korean society with an eye to promoting the relations and cooperation between Korea and these countries.

The Korea Post has been covering the tourist industry for the past 31 years, and has a good measure of knowledge concerning the tourist hotels and, in this regard, can play a very useful role of match-making between the hotels and the embassies wishing to celebrate their National Days and other auspicious events.

All the prestigious hotels need a good measure of publicity and such requirements can be very adequately met by the five media units of The Korea Post, which could substantially bring down the cost of event to be charged by the hotels.

The Korea Post can also adequately cover the most important guests at the diplomatic receptions which they really appreciate and this is all the more so in the case of the business leaders with strong business interest in the host countries. The National Day functions offer a very good opportunity to shed light on the strong points of these companies for the audience both in Korea in the countries they operate their business.

Why only the Korean companies? The Korea Post, which has two powerful Korean-language media, one real time-updated Internet media (www.koreapost.co.kr) and one regular-sized Korean-language newspaper (http://pdf.koreapost.co.kr/15/1501.pdf) published twice a month--as well as the English media (www.koreapost.com). They are very useful and much-needed news media that the expatriate business companies in Korea can utilize to their heart’s content?as far as The Korea Post is a foreigner-friendly media as well as a server of the diplomats.

So why not use The Korea Post for your national day functions and other news publicity requirements?

The Korea Post is at your service. Use them.

Send your news stories/pix to edt@koreapost.com.

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A quick roundup of major news stories from the Korean media today:

KBS (http://world.kbs.co.kr/english/news/)

UK Bans Transactions of 15,000 Euros with N.Korean Banks

Anchor: The British government announced further financial sanctions on North Korea a day after the U.S. government designated the North as a “primary money laundering concern” under the Patriot Act. The U.K. will ban the transfer of money equivalent of more than 15-thousand euros to North Korean financial institutions

Seoul: No Planned Talks on THAAD at Shangri-La

South Korea has denied media reports from the U.S. that Seoul and Washington will discuss a possible deployment of a U.S.-led missile defense system to South Korea during a security summit in Singapore.

China Expresses Opposition on Unilateral Sanctions Against N. Korea

China says that it opposes the United States' unilateral sanctions against North Korea imposed under U.S. domestic law, referring to Washington's decision to designate the North as a "primary money laundering concern."

S. Korea to Join Paris Club

Seoul: No Planned Talks on THAAD at Shangri-La

Saenuri Party Launches Interim Leadership Committee

Number of Nat'l Pension Subscribers to Drop from 2017

KOSPI, KOSDAQ Close Higher on Thursday

S. Korean Economy Grows 0.5% in Q1

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

S. Korea, U.S. have no plan to discuss THAAD at defense chiefs' meeting: Seoul

South Korea's defense ministry on Friday said the issue of deploying a U.S. advanced missile defense system on South Korean soil will not be discussed at the upcoming meeting of the two countries' defense chiefs.

S. Korea's foreign exchange reserves shrink in May

South Korea's foreign exchange reserves fell slightly from a month earlier in May due partly to a cut in the value of non U.S. dollar assets, central bank data showed Friday.

Clinton underscores 'power of allies,' warns of dangers of Trump

Democratic presidential candidate Hillary Clinton said Thursday the United States is stronger and safer thanks to the "power of allies," warning that her Republican rival, Donald Trump, would significantly weaken the relationships.

U.S. leaves out N. Korea from terrorism sponsors list

The United States left out North Korea from its latest list of states sponsoring terrorism Thursday, despite persistent calls for putting Pyongyang back on the list.

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

U.S. proposes new N.K. sanctions for money laundering

The newly proposed U.S. financial restrictions on North Korea are expected to hamper the North’s access to the global...

Overtime still seen as sign of diligence in Korea

For 26-year-old office worker Lee Hye-ri, it seems like a far-fetched dream to exercise and enj...

Health considerations fuel Korea’s probiotics market

Like many others, Lee Jun-sung, a 33-year-old office worker living alone in Seoul, spends most ...

VW Korea may start recall in summer

A representative from the Korean unit of emissions-rigging scandal-marred German carma....

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

New sanctions target slave funds of NK leader

Washington's latest financial sanctions against North Korea will be effective in preventing Pyongyang from pocketing money from "slave workers" abroad, officials and experts said Thursday.

Revealing N. Korean documentary gets New York premiere 

A documentary that offers a glimpse of life inside North Korea will premiere in New York next mont... 

White tiger is 2018 PyeongChang Olympics mascot 

The white tiger, a mythological creature in Korean folklore, will be the official mascot for the 2... 

Plastic surgery clinics fight 'ghost surgery' suspicions 

More plastic surgery clinics are moving to restore the industry’s reputation in the face of “ghost... 

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

Ex-Bill Clinton adviser says Hillary might not be the nominee

Bernie Sanders, who has declared that he will not drop out of the race for the Democratic Party’s presidential nomination, is rai…

Google AI creats 80-second piano song

Having demonstrated the power of artificial intelligence (A.I.) with AlphaGo, Google has revealed its first accomplishment of AI …

N. Korea offers high interest rates on deposits to secure funds

North Korea is encouraging its people to save money, offering high interest rates in an apparently desperate attempt to secure fu…

Seoul Plaza transformed into red tennis court

The Seoul Plaza, which used to be covered with green lawn, has turned into a tennis court in red. The special court is made for

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

N.Korean TV Boasts of Missile Success

North Korea state TV on Wednesday broadcast footage of a ballistic missile launched from a submarine in April. In a propaganda program titled, leader Kim Jong-un is seen watching the missile spouting flames and soaring into the air.

U.S. Envoy Demands Easing of Korean Trade Curbs

U.S. Ambassador Mark Lippert on Wednesday criticized Korea's trade practices in unusually blunt terms. "There is widespread recognition that there are too many business regulations that are unique to Korea," Lippert told a forum at the Institute for Global Engagement.

Workers Say No to Forced Weekly Drinking Sessions

Staff at Daewoo Engineering and Construction believe the traditional Korean after-work gatherings are still necessary but should not ruin their Friday nights, and once a month is enough. Daewoo polled 1,604 staffers on May 9-22.

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

[News analysis] High-ranking North Korean official meets with Chinese President

On June 1, Chinese President Xi Jinping met a delegation led by Ri Su-yong, vice chairman of the central committee of the (North) Korea Workers’ Party (KWP), who had come to Beijing to report on the r..

UN group urges Hyundai Motor to comply with labor regulations

A United Nations Human Rights Office working group on business and human rights commented on the situation at Hyundai Motor, where a conflict is raging over the establishment of a union for partner bu..

Era of recessionary trade surplus may be about to end

South Korea’s recessionary trade surplus era may be coming to an end, as slack exports were found to have cut heavily into April‘s trade surplus numbers. While the surplus amount previously increased..

Seoul confirms defection of three more North Korean restaurant staff

The South Korean government officially confirmed on June 1 that three waitresses from overseas North Korean restaurants recently arrived in South Korea, including two who fled a restaurant in China’s ..

US all but designates North Korea as a “primary money laundering concern”

The US Treasury Department has all but officially designated North Korea a “primary money laundering concern.” Washington may be attempting to achieve a similarly powerful effect with its sanctions t..

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

U.S. ratchets up finance sanctions on Pyongyang

The United States on Wednesday designated North Korea a “primary money laundering concern,” its newest way of freezing it out of the international financial system to curb its nuclear and missile programs. South Korea quickly lauded the move, predicting it will have a more “far-reaching effect” than previous financial sanctions…

China-North Korea ties get some momentum

North Korea managed to take the chill off relations with China after a meeting between North Korean senior envoy Ri Su-yong…

Kakao snooped on websites shared in chats

Kakao has come under fire for mishandling private information obtained from the chat rooms of 40 million people…

Earthquake fears lead to new codes for construction

The Ministry of Land, Infrastructure and Transport said on Tuesday that it will tighten standards on structural…

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

[Editorial] Has the Government Taken Its Hands Off State Affairs? Policies in Chaos with No “Control Tower”

Citizens continue to post notes with their messages following the murder of a twenty-something woman near Gangnam Station and the death of a nineteen-year-old c···

China's Xi Jinping Meets with North Korea's Ri Su-yong: “Restore NK-China Relations"

Chinese President Xi Jinping met with Ri Su-yong, vice chairman of the Workers' Party of Korea's Central Committee and the North Korean delegation at the Grea···

Guui Station, Gangnam Station, Sewol: Citizens’ Lives Increasingly Impoverished, While Government Remains Without a Solution

"I came here to remember the victim, because it did not feel like someone else's affair," one citizen spoke, at Guui Station, Seoul where a nineteen-year-old···

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

Genesis to Show off Its Second Luxury Model "G80"

Genesis, the upscale car brand of Hyundai Motor, has launched its second luxury model "G80" on June 2. Genesis unveiled in the Busan International Motor Show 2016 held in Busan's BEXCO convention center a full-size sedan G80 and G80 Sports. The G80 is a facelift model for the Genesis that is sold un...

Samsung SDS to Spin off Its Logistics Business to Merge with Samsung C&T Trading Unit

Samsung SDS is pushing forward with a plan to separate its logistics unit from the IT solution services division. It is likely that the spun-off logistics business would be merged with Samsung C&T. According to Samsung Group on June 2, Samsung SDS will hold a board of directors meeting next week to ...

KT Wins Triple Crown in Asia Comm. Awards 2016

KT Corp., Korea's major telecom service operator, said on June 2 that it won a triple crown in the Asia Communication Awards 2016 held in Singapore on the 1st. The annual event is organized by Britain's telecom industry media and research company Total Telecom, which announces winners in 16 categori...

"Sales Goal of New QM6 Set at 5,000 a Year"...Renault Samsung

Park Dong-hoon, Renault Samsung Motors president, said on June 2 in the Busan International Motor Show 2016, "The new QM6 will be produced in our Busan plant beginning in late September and sold 5,000 units a month from then on." He added, "The compact crossover SUV QM6 is bigger than the QM5 and it...

Cheil Worldwide-Publicis Deal Ends in a Failure

Samsung Group’s attempt to sell Cheil Worldwide ended up in a failure. Samsung has been in talks with France’s advertising group Publicis, the world's third-largest advertising agency, for sale of Cheil Worldwide since late last year. Samsung plans to form an alliance with other global ad agencies...

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AJU Business Daily (http://eng.ajunews.com/korea)

Clinton accuses Trump of weakening alliance: Yonhap

Democratic presidential candidate Hillary Clinton said the United States is stronger and safer thanks to the "power of allies," warning that her Republican rival, Donald …

Pyongyang designated as 'money laundering concern': Yonhap

The US Treasury Department designated North Korea as a "primary money laundering concern", a powerful sanction designed to cut off the communist nation from the internati…

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ETNEWS (http://english.etnews.com/)

Hyundai Motor Group and KIA Motors Corporation to Have 28 Eco-Frien... Jun 02, 2016 Share 

Hyundai Motor Group and KIA Motors Corporation are planning to develop 16 eco-friendly vehicles for next 4 years and have total of 28 eco-friendly vehicles by 2...

5G Service during Pyeongchang Winter Olympics to Be 33 Times Faster t... Jun 01, 2016 Share 

During demonstrative service of 5G mobile telecommunication at 2018 Pyeongchang Winter Olympics, more than 10Gbps of service will be implemented through mobile devices t...

SK Telecom Becomes the First Business in the World to Commercialize 500MbpsJun 02, 2016 Share

A generation where one can download a 1GB movie with a Smartphone in just 16 seconds has just opened. SK Telecom has commercialized world¡?s fastest LTE speed at 500Mbps. It is predicted that a comp

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

Korean prosecutors seize Audi, VW cars for emission rigging

The South Korean prosecution has confiscated hundreds of Audi and Volkswagen vehicles as part of its investigation into Audi ...

Bad debt at Korean banks surges to 15-year high

South Korean banks are saddled with questionable loans of more than 31 trillion won ($26.2 billion), a 15-year high amid ...

KDB okays Samsung Heavy Industries’ self-rescue plan

State-run Korea Development Bank (KDB) on Wednesday gave a go-ahead to Samsung Heavy Industries Co.’s self-rescue plan that ...

DSME reviewing to spin off defense unit and sell stake in bulk

South Korea’s large shipbuilder Daewoo Shipbuilding & Marine Engineering Co. is reviewing to spin off its specialized defense ...

Pan Ocean on recovery track to sign 1-year shipping order from Posco

South Korean bulk carrier Pan Ocean Co. has won a series of shipping contracts in just a year after its graduation from court ...

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The Korea Post is at your service.

The Korea Post, established 31 years ago in 1985, operates five news media outlets, two in the Korean language and three in English.

They are all at your service. You can email all your English and Korean press releases and feedback for free publication to edt@koreapost.comor korpost@chol.com. The five media outlets are:

(1) A Korean print newspaper (http://www.koreapost.co.kr/pdf/list.php),

(2) A Korean Internet (www.koreapost.co.kr),

(3) An English Internet (www.koreapost.com),

(4) An English print monthly (http://koreapost.koreafree.co.kr/magazine/index.html), and

(5) An English e-daily (/rankup_module/rankup_notice/notice_list.html)

Send your news releases and feedback:

Special notices:

Send your latest Embassy news releases toThe Korea Post for publication

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!

Many ambassadors are already Kakaotalk news sharers with Chairman Lee!

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