The Korean daily media headlines and humor

The Korean daily media headlines and humor

Tuesday, June 7, 2016

Your Excellency:

Here areThe Korea Postnoticesanda 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

--------------------------------------------------------------------------------------------------------

The Korea Post notice:

Tour of Gangneung on June 10, 2016 cancelled due to lack of participation

As we have already sent out our cancellation notice, the tour of the Gangneung city on June 10, 2016 has been cancelled due to lack of application for participation.

--------------------------------------------------------------------------------------------------------

Juicy humor from one of the kind-hearted former ambassadors in Korea from Central Asia

Investment risk
Boss hired a sexy secretary and 10 days later he committed suicide by jumping from his 27th floor office.

Police: "Who was there at that time in the room?"

Secretary: "I was there."

Police: “What happened? Why did he commit suicide?”

Secretary: “He was a good man. One day he bought me a fur coat for W4,000,000.

Then he bought me a diamond necklace for W4,500,000, then he bought me a diamond ring for W50,000,000.

Today he asked me to spend the night with him. I told him I charge just W500,000 a night!
Moral:"Investments are subject to market risk, check the market rate before investing.”

--------------------------------------------------------------------------------------------------------

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.

--------------------------------------------------------------------------------------------------------

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

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

Parties Not Expected to Meet Tuesday Deadline for Selecting Speaker

Rival parties are still struggling to agree on the next parliamentary chief and committee chairmen.

With the official deadline for electing speaker and two deputy speakers expiring on Tuesday, or seven days after the term began, a plenary session is supposed to be held at 10 a.m..

IAEA: N. Korea Could Have Resumed Reprocessing Plutonium

Anchor: The International Atomic Energy Agency(IAEA) says it has found traces that North Korea could have restarted reprocessing spent nuclear fuel at its key facility to secure plutonium for nuclear weapons. The findings are in line with assessments by the U.S. Director of Intelligence and other experts.

Vice Foreign Minister: Top Diplomats' Meeting in Cuba to Lead to Official Outcome

Parties Not Expected to Meet Tuesday Deadline for Selecting Speaker

Parties in Deadlock over Speaker, Committee Chairmen Appointments

Overseas Spending by S. Koreans Up 12.9% in Q1

S. Korea's Imports of Iranian Oil Doubled Following Lifted Sanctions

US Requests Huawei to Submit Export Data Involving Sanctioned Regimes

--------------------------------------------------------------------------------------------------------

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

Lotte Chemical bids for U.S. chemicals firm Axiall

Lotte Chemical Corp., a major chemicals maker, said Tuesday that it has submitted a bid to take over a U.S.-based chemicals firm to expand its business portfolio.

Overseas sales of Kia's Sportage SUV hit monthly record in May

Kia Motors Corp., South Korea's second-largest carmaker, saw its sales of the Sportage SUV around the globe hit a record high last month thanks to strong demand for its latest model, industry data showed Tuesday.

Venture firms' exports drop on global slump

Exports by South Korean venture companies fell this year for the first time in three years, stung by the continued sluggishness of the global economy, data showed Tuesday.

BOK forecast to hold key rate steady for June: poll

South Korea's central bank is widely expected to hold its key rate steady in June, a poll showed Tuesday, amid what economists called mild signs of recovery and a looming U.S. rate hike.

--------------------------------------------------------------------------------------------------------

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

Korea, Cuba break ice for ties

South Korea’s Foreign Minister Yun Byung-se on Sunday expressed hopes of expanding diplomatic, cultural and economic ex...

Korea pushed to balance trade with U.S.

Concerns are rising here over what has been deemed as increasing U.S. pressure on Korea to do m...

Park urges unity in Memorial Day speech

President Park Geun-hye paid respect to the nation’s fallen soldiers during a Memorial Day c...

BOK to weigh timing of rate cut

In light of weak economic data, sketchy corporate restructuring plans at home and fluctuating e...

--------------------------------------------------------------------------------------------------------

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

Danes strike late but Korea not too down

An injury-time goal gave Denmark a 1-1 tie with Korea at Bucheon, Monday evening, and top spot in this four-nation Olympic invitational tournament. The host was second in the competition going into the game just outside Seoul. T...

Systematic support necessary to nurture quality translators

To have more of its literary works recognized by the world, Korea needs systematic support to nurture quality translators. Novelist Han Kang’s recent winning of the prestigious Man Booker International Prize with “The Vegetarian...

Korea willing to establish ties with Cuba

South Korean Foreign Minister Yun Byung-se said Seoul is willing to establish diplomatic ties with Cuba during ministerial talks in Havana, Sunday. Yun, South Korea’s first foreign minister to visit Cuba, met with his Cuban coun...

--------------------------------------------------------------------------------------------------------

DongAIlbo (http://english.donga.com)

First S. Korea-Cuba foreign ministers’ meeting held in Havana

South Korean Foreign Minister Yun Byung-se held a bilateral meeting with his Cuban counterpart, Bruno Rodriguez, at the Palace of…

Czech Republic national football team loses to Korean team

The Czech Republic national football team is in shock following its loss to Korean national team ahead of the Euro 2016 that star…

Korean shipbuilders’ CGT closes with Japan's

While Korean shipbuilding industry is facing the most difficult times ever, its remaining volume orders reached the closest with …

A pioneer to romanticism era with chaconne

"Chaconne" is a type of musical composition popular in the baroque era.Chaconne is a variation on a repeated short harmonic progr…

-------------------------------------------------------------------------------------------------------

ChosunIlbo (http://english.chosun.com)

Defections from N.Korea Start Rising Again

Some 590 North Korean defectors arrived in South Korea in the first five months of this year, 16 percent more than in the same period last year, the Unification Ministry said Sunday. Numbers dwindled over past years from 2,706 in 2011 to 1,276 in 2015

More Defectors Open Their Own Business

Only around 1,200 out of some 26,000 North Korean defectors who live here own a business. That puts the proportion at 4.9 percent, far fewer than the 15.4 percent among born-and-bred South Koreans.

Best Hidden Parks for Picnics in Seoul

There are many great places in Seoul for a picnic including the Han River, Olympic Park and Seoul Forest, but some are still not known to many. Here are a few to check out this summer. Yongsan Park offers a wide open grass field and a path leading to the National Museum of Korea, making it a great place for kids.

-------------------------------------------------------------------------------------------------------

HankyorehShinmoon (http://english.hani.co.kr)

[News analysis] S. Korea-Japan hashing out plans for more military cooperation

Following Shangri-La Dialogue in Singapore, two sides stepping up bilateral and trilateral cooperation with US

The specifics of South Korea and Japan’s defense cooperation plans are coming into sharper focus following the 2016 Shangri-La Dialogue (Asia Security Summit) in Singapore from June 3 to 5.

Yun Byung-se makes first-ever S. Korean Foreign Minister visit to Cuba

Yun Byung-se became the first South Korean Minister of Foreign Affairs in history to visit Cuba.His visit could be a turning point in negotiations toward the normalization of relations between Seoul and Havana.

Fed up fishermen on Yeonpyeong Island seize Chinese vessels themselves

Fishermen from Yeonpyeong Island, near the city of Incheon, seized two Chinese fishing boats that were illegally operating around the Northern Limit Line (NLL).

[Interview] Gangnam murder “could be an opportunity for South Korean society”

Slovenian philosopher and sociologist Renata Salecl, a visiting professor at Yeshiva University in the US, attended an academic conference in South Korea on her first visit to the country

--------------------------------------------------------------------------------------------------------

JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)

Top envoys from Korea, Cuba hold historic meeting

South Korean Foreign Affairs Minister Yun Byung-se sat down for a face-to-face meeting with his Cuban counterpart Bruno Rodriguez here on Sunday, the first foreign ministerial meeting between the two countries in nearly six decades. The 75-minute closed-door meeting was held on the sidelines of the seventh summit of the Association of Caribbean States (ACS), which ran for three days since Friday…

Exodus of investors picks up at Saemangeum

The biggest public development project ever in Korea’s history, the Saemangeum reclamation project…

Cheating Volkswagons may be forced off roads

All 125,522 Volkswagen diesel cars with rigged emissions systems could be banned from Korean roads…

Naver, mobile firms launch app store

Korea’s three mobile carriers and Naver, the No. 1 search engine in Korea, have teamed up on an app store…

--------------------------------------------------------------------------------------------------------

The KyunghyangShinmoon(http://english.khan.co.kr/)

[Gangnam Station Bathroom Murder] Two Ji-wons Leading Anti-Misogyny Movement, 'An Equal Society Is the Safest Society'

On the morning of June 1, a ministerial meeting on law and order was held at the Seoul Government Compound in Jongno-gu, Seoul. The ministers were there to disc···

Saenuri Party 'Regulations on Grilled Mackerels and Pork BBQs to Fight Fine Dust?'

On June 2, the Saenuri Party pulled the brakes on government measures to fight fine dust. The ruling party made clear that it opposed raising the price of diese···

[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···--------------------------------------------------------------------------------------------------------

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

Samsung Group Governance Structure-related Stocks Fluctuate Sharply

The share price of Samsung SDS plunged amid the news that it would split its cash-cow logistics business. In contrast, the stock price of Samsung C&T which is expected to take over the logistics business of SDS surged. As Samsung Group’s governance structure shakeup is still underway, the stock pri...

Competition Gets Fiercer in the SSD Market

Competition is heating up among Korea, the United States, China, and Japan in the solid-state drive (SSD) market. The SSD is now enjoying popularity as a next-generation storage device. Samsung Electronics is now leading the world's SSD market, while the No. 2 player Intel is formulating a strategy ...

[Market Insight] Dongbu Group's Chairman to Spend 6 Bil. Won of His Money to Keep Dongbu Daewoo within His Group

Kim Joon-ki, chairman of Dongbu Group, will spend about 6 billion won of his own money to keep Dongbu Daewoo Electronics within the group's orbit. This is the sixth time for him to dip into his own pocket since 2009 when the group's restructuring effort began in earnest. According to investment bank...

"Steel Overproduction Erodes Health of the Global Economy"...U.S. Treasury Secretary

The United States and China, the world's top two countries in terms of output, have clashed surrounding issues like the oversupply of steel, North Korea's nuclear ambitions, and the South China Sea dispute. Jacob Lew, the U.S. Treasury Secretary, said in the opening ceremony for the 8th U.S.China S...

Top 10 Business Groups See Their Market Cap Fall by 11 Tril. Won This Year Korea’s top-ten business groups (excluding state-run enterprises) saw their combined market capitalization fall by about 11 trillion won this year. According to financial information provider FnGuide on June 4, the combined market cap of the nation’s top-ten business groups totaled 633.9 trillion ...

--------------------------------------------------------------------------------------------------------

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

IAEA accuses Pyongyang of reprocessing nuclear fuel: Yonhap

North Korea could have started reprocessing spent nuclear fuel to harvest plutonium for nuclear weapons, the International Atomic Energy Agency

US to discuss sanctions with China against Pyongyang: Yonhap

The United States will talk to China to make sure that it carries out sanctions on North Korea, including the latest "money laundering concern"

--------------------------------------------------------------------------------------------------------

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

Huawei prepares Lawsuit against Samsung before 3years ago

It is revealed that Huawei has been making a thorough preparation since 2013 to fight against Samsung Electronics regarding patents. Not only did Huawei purchased patents from global IT businesses su...

APP to Enter Indian Market with Atmospheric-Pressure Plasma Equipment

APP, a South Korean business that specializes in atmospheric-pressure plasma equipment, is entering Indian markets.

UNIST and PowerPlaza to Develop Foldable Electric Vehicles

UNIST (Ulsan National Institute of Science and Technology) and PowerPlaza are going to join hands to develop foldable electric vehicles.

--------------------------------------------------------------------------------------------------------

MaeilBusinessNewsKorea (http://www.pulsenews.co.kr/ )

Samsung SDI expected to supply batteries to Tesla

South Korea’s Samsung SDI is expected to supply batteries to Tesla Motors Inc., an American electric vehicles manufacturer. According to the industry on Sunday, Tesla and Samsung SDI have ...

Hyundai Motor signs MOU on hydrogen electric vehicle revitalization with Air

South Korea’s Hyundai Motor Co. announced on Sunday that it Saturday signed a memorandum of understanding with Air Liquide ...

Hansol Chemical shares up 40 percent in 3 months on expectation of new

Hansol Chemical Co.’s share price has been on the rise amid bearish mood of other chemical companies. Shares of the chemical ...

Samsung Electronics to take up 15% of Kospi’s market capitalization

South Korean tech giant Samsung Electronics Co.’s market capitalization in the aggregate value of the main Korea Composite ...

SK Engineering tapped to renovate oil refining facility in Iran

South Korea’s SK Engineering & Construction Co. has signed a contract to launch a feasibility study for a $20 million ...

--------------------------------------------------------------------------------------------------------

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 Englishto korpost@chol.com.

They are published by the five media outletsof 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

--------------------------------------------------------------------------------------------------------

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!

--------------------------------------------------------------------------------------------------------