June17, 2016
The Korean daily media headlines and humor
Friday, June17, 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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The Korea Post currently has two very important tours for the ambassadors and spouses
(Please do not miss them!)
1. A one-night-two-day tour of Boryeong Mud Festival
Mayor Kim Dong-ill of the Boryeong City cordially invites the Excellencies and Madams to a two-day tour of the 19th Boryeong Mud Festival at the picturesque Daecheon Beach on Saturday-Sunday, 16-17 July 2016. Please scroll down to the end of this Headlines for further details.
2. A single day tour of the 2016 Yechon World Insect Expo
Mayor Lee Hyun-joon of the Yecheon County of Gyeongsangbuk-do Province cordially invites Your Excellency and Madam to attend the Opening Ceremony of the 2016 Yecheon World Insect Expo on Saturday July 30, 2016, which is attended by Prime Minister Hwang Kyo-ahn on behalf of President Park Geun-hye. Please check the full details of the Inviation at the bottom of this Headlines.
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A quick roundup of major news stories from the Korean media today:
KBS (http://world.kbs.co.kr/english/news/)
Return of Saenuri Defectors Leads to Cancellation of Gov't-Party Talks
The planned high-level talks between government and ruling party officials have been cancelled in the wake of the Saenuri Party's controversial decision to allow the return of defected lawmakers.
Uganda Reaffirms Will to Suspend Military Cooperation with N. Korea
Uganda has reaffirmed its intent to suspend military cooperation with North Korea.
According to Seoul’s defense ministry, South Korea and Uganda had their first bilateral intelligence exchange meeting in Seoul on Thursday, where the Ugandan side made the reaffirmation.
Defense Chief: N. Korea's 4th Nuke Test Showed Previous Approach Won't Work
Defense Minister Han Min-koo says North Korea's fourth nuclear test in January served as a frightening warning message that the North's nuclear issue can not be resolved through previous approaches.
Return of Saenuri Defectors Leads to Cancellation of Gov't-Party Talks
Uganda Reaffirms Will to Suspend Military Cooperation with N. Korea
Minjoo Lawmaker Proposes Bill to Raise Corporate Tax on Big Firms
Gov't to Install Solar Panels on Rooftops of 2,000 Schools
KOSPI Falls for 6th Straight Session
Seoul Sets Contingency Plan to Prepare for Brexit
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Yonhap (http://english.yonhapnews.co.kr)
Drama 'Signal' sees critical success in China
South Korean TV series "Signal" has done just as well in China as it did on its home turf, South Korea's content agency said Friday.
House committee passes legislation calling for N.K.'s designation as terror sponsor
A U.S. House committee on Thursday passed a bill calling for relisting North Korea as a state sponsor of terrorism.
Mariners' Lee Dae-ho knocks in 3 to end mini slump
Lee Dae-ho of the Seattle Mariners broke out of his mini slump with a big day at the plate.
N.K. nuclear program top 'blinking-red' problems: CIA chief
North Korea's nuclear program is one of the top "blinking-red" problems that should be highlighted at an intelligence briefing for the next U.S. president, along with cyberthreats and terrorism, the CIA chief said Thursday.
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The Korea Herald (http://www.koreaherald.com)
Lotte drops bid for DFA as probe widens
Lotte Group has given up its plans to acquire Duty Free Americas Inc., the largest duty-free operator in the U.S., amid ...
Hyundai Glovis pressured to use U.S.-registered vessels
Hyundai Glovis has once again turned down proposals by the US government to use ...
Saenuri readmits defectors
The ruling Saenuri Party announced Thursday that it would let elected defectors return to the p...
Shinsegae looks to tap overseas liquor market
The recent takeover bid by Korean retail giant Shinsegae Group for “Jeju Soju” last week prov...
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The Korea Times (http://www.koreatimes.co.kr)
N.Korea bans individual tours of China
North Korea has banned its citizens from touring China since March, the U.S.-based Radio Free Asia...
KOC bans swimmer Park Tae-hwan from Rio Olympics
The Korean Olympic Committee (KOC) has maintained its ban on swimmer Park Tae-hwan competing in th...
Ultra-right netizens probed over false rape details
Members of right-wing online community “Ilbe Storehouse” are under investigation for allegedly spr...
N. Korea falls well short on food for its people
North Korea doled out 360 grams of food daily to each citizen in April and May, 60 percent of the ...
N. Korea bans individual trips to China since March: report
North Korea has not allowed its people to make individual trips to China since March, a U.S-based media report said Thursday, citing sources in the reclusive ...
Online bus ticket service lacks foreign language support
The website for inter-city express buses should offer multiple language services to help foreign tourists buy bus tickets online, the nation’s top business lo...
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DongAIlbo (http://english.donga.com)
KOC reconfirm?s a ban on Park Tae-hwan’s joining Rio Olympics
The Korean Olympic Committee has reconfirmed on Thursday that it would not allow Park Tae-hwan to participate in the 2016 Rio Oly…
Hanwha Total completes 40,000-ton LNG tank
Hanwha Total said on Wednesday that it completed a 40,000-ton LNG tank at its Daesan Plant in Seosan City, South Chungcheong Prov…
Relinking the severed Gyeongwon Railroad ceases
It was confirmed that the government has tentatively stopped the reconnecting project of Gyeongwon Railroad (linking Yongsan in S…
Lotte Korea and Japan work hand in hand to enter African snack market
For the first time among Korean confectionaries, Lotte Confectionery has entered African snack market. The company plans to sell …
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ChosunIlbo (http://english.chosun.com)
Moviegoers Prefer Older Stars, Watching Alone
Hwang Jung-min and Kim Hye-soo have been named the most popular actor and actress in an email survey by the Chosun Ilbo and ticketing site Max Movie. Kim was also voted best actress, while best actor went to Song Kang-ho. All three are all in their 40s.
Are Chinese Smartphones Stealing a March on Samsung?
The technology of Chinese smartphones is starting to overtake market leaders. They are rolling out smartphones with groundbreaking features to grab a bigger slice of the premium market dominated by Samsung and Apple.
Are Chinese Smartphones Stealing a March on Samsung?
The technology of Chinese smartphones is starting to overtake market leaders. They are rolling out smartphones with groundbreaking features to grab a bigger slice of the premium market dominated by Samsung and Apple.
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HankyorehShinmoon (http://english.hani.co.kr)
Kim Jong-un orders closure of amusement park in Pyongyang
An amusement park in Pyongyang is being demolished less than four years after its completion, Japanese media reported on June 15. Yonhap News and other South Korean outlets also reported the day befo..
Singaporean artist comes to Gwangju to “archive the archivist”
“I came to the villages, which brought back old childhood memories as I saw all the old things here.” Singaporean artist Koh Nguang How, 54, explained the approach he adopted for the work in his exhi..
Almost half of S. Korean parents consider themselves “edu-poor”
Four of 10 office workers who have children think of themselves as “edu-poor,” a recent survey found. “Edu-poor,” a South Korean neologism deriving from the words “education” and “poor,” is a nod to t..
China announces additional items banned from export to North Korea
China announced additional items on June 14 for a ban on export to North Korea following a recent United Nations Security Council resolution. The list was presented through the Chinese Ministry of Co..
Youth from across Asia share experiences and visions of transforming their villages
“Imagine it. You’re a pregnant woman. Every day you have to walk two kilometers up a steep hill to go work all day long in the field. And now it’s almost time to give birth.” This story was shared by..
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JoongAngIlbo(conservative): (http://koreajoongangdaily.joinsmsn.com/)
Saenuri votes to accept back reps who walked out
The Saenuri Party welcomed back lawmakers who abandoned it to run independently in April’s general election, including Rep. Yoo Seong-min, a high-profile political enemy of President Park Geun-hye. The interim leadership of the Saenuri Party, headed by an acting chairman, Kim Hee-ok, held a meeting Thursday morning to discuss the issue of reinstating seven lawmakers who left the party after being denied nominations to run in April…
Subway workers are still hustling
It’s 1:30 p.m. on a Saturday. Two mechanics hurry to a malfunctioning platform door at Sillim Station…
Layoffs at Samsung pick up pace
Samsung Group, a main driver of the Korean economy, is shedding workers. Some 2,800 employees…
Lotte scion’s brother denounces him again
Shin Dong-joo, the ousted leader of Lotte Holdings and eldest son of Lotte Group founder Shin Kyuk-ho…
LG U may face fines for disrupting probe
The Korea Communication Standards Commission (Kocsc) discussed penalties on Thursday against LG U …
U.S. official denies pressuring Korea on trade
The United States is not pressuring Korea on trade relations, a U.S. government official said in Seoul…
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The KyunghyangShinmoon (http://english.khan.co.kr/)
Reviewing the Parliamentary Hearing and Corporate Tax Now that the Opposition Has the Majority
There is something serious about the movements among the opposition parties, which won the majority of the parliamentary seats, as the twentieth National Assemb···
Oxy Lays off Temporary Workers and Subcontracted Workers Due to Financial Difficulties
The nationwide boycott of Oxy products has led to financial woes for the company, and that is having an impact on the workers. Workers dispatched to sell Oxy products have been forced to resign and te···
Crack Down on Chinese Fishing Boats That Refuse to Withdraw: More than Just a Warning
The military and the Coast Guard seized two Chinese fishing boats that had entered neutral waters near the mouth of the Han River on June 14. The crack down was···
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The Korea Economic Daily (http://english.hankyung.com/)
Samsung Electronics Acquires U.S. Cloud Service Firm Joyent
Samsung Electronics said on June 15 that it has agreed to acquire Joyent, Inc., a San Francisco-based company specializing in cloud computing services, in response to the rising demand for cloud services such as the Internet-of-Things. Rhee Injong, chief technology officer of the Mobile Communicatio...
KOSDAQ Margin Debt Hit Year’s High
The number of people who invest in the KOSDAQ over-the-counter market by borrowing money is increasing. According to the Korea Financial Investment Association on June 15, the balance of KOSDAQ margin debt amounted to 4,006 billion won on June 14, hitting this year’s high. This figure is more than ...
3.5 Mil. to Be Laid off Once Chinese Industry Begins Excess Capacity Restructuring
A study said up to 10 percent of production capacity must be cut in order for Chinese industry to regain its balance in six "excess capacity" industries including steel and coal. According to the South China Morning Post on June 16 based on a research report published recently by UBS, China's six in...
Success Story: Korea Yakult's Electric Cart for Delivery Ladies
It was December 2014 when Korea Yakult introduced the first electric carts for "delivery ladies" as a way to improve its door-to-door sales service. There were many detractors in the beginning as the cart, which cost 8 million won (US$6,800) a piece, was too expensive to justify the investment. None...
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AJU Business Daily (http://eng.ajunews.com/korea)
Luxury foreign brand watches and jewelery confiscated from former Daewoo shipyard official
[A police showroom on the southern island of Geoje shows luxury foreig…
Hanjin Group boss uses private wealth for capital increase
?Hanjin Group boss Cho Yang-ho and his family have agreed to donate their personal wealth and…
Samsung shipyard reveals cut in workforce and wages
Heavy Industries, a troubled shipbuilding arm of South Korea's…
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ETNEWS (http://english.etnews.com/)
Global Automotive Manufacturers Start to Equip Telecommunication Modules i...
A generation where people can freely use wireless internet through data network in a vehicle is nearing soon. Not only people will be able to check traffic report...
KT to Establish More than 90% of Telecommunication and Broadcasting Ne...
KT is going to establish more than 90% of telecommunication and broadcasting network for 2018 Winter Olympics by end of this year so that it can implement world&iex...
Refurbished iPhones Start to Infiltrate into South Korea’s Cellphone...
Apple¡?s refurbished iPhones are spreading throughout South Korean markets and this is a result of ¡®premium and inexpensive phones¡? beco...
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MaeilBusinessNewsKorea (http://www.pulsenews.co.kr/ )
LG Innotek to pay factory workers based on performance
LG Innotek Co., an electronic device components making unit of South Korean conglomerate LG Group, said on Thursday that it will ...
S. Korean gov’t to apply tighter FX liquidity regulations on banks
Korean banks will face tougher requirement in stocking up liquid and convertible assets in foreign currency from next year to ...
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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
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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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Invitation to a two-day tour of Boryeong Mud Festival
I am pleased to inform Your Excellency that Mayor Kim Dong-ill of the Boryeong City cordially invites Your Excellency and Madam to a two-day tour of the 19th Boryeong Mud Festival at the picturesque Daecheon Beach (some 119 miles south of Seoul) on Saturday-Sunday, 16-17 July 2016. It was designated by the Government as the Best Festival of the Republic of Korea.
The itinerary is as follows:
Day One: 1200 hours, Saturday 16 July 2016: Meet at Grand Hyatt Seoul (by the water fountain)
1200-1400 hours: Move to Boryeong City by Limousine bus. High-quality lunch box served on the bus.
1400-1500 hours: Check in at the Westopia Tourist Hotel.
1500-1620 hours: Watch street parade at the Dongdae-dong Rotary.
1620-1800 hours: Have hands-on experience in mud festival activities.
1800-1930 hours: Attend welcome dinner in honor of the ambassadors and spouses.
1930-2200 hours: Attend opening ceremony and watch opening ceremony performances.
2200 hours: Check in at the hotel for the night.
Day Two: 0800-0900 hours, Sunday 17 July 2016: Breakfast at the hotel, and check out.
0900-1200 hours: Visit Ongma-jeon Pavilion, Seongju Castle Site, Seongju Mountain Rest and Recuperation Forest, Cypress Forest, and tour Gaehwa Art Park.
1200-1300 hours: Farewell luncheon at the Gaehwa Art Park Reception Hall and presentation of Plaque of Appreciation to the Mayor by the Dean of the visiting members of the Seoul Diplomatic Corps. (The Plaque will be prepared by The Korea Post.)
Please indicate your interest in the following space:
Yes, we___(I alone___) will attend. Emergency cellphone number____________________
Contact phones of The Korea Post: 2298-1740/2, mobile 010-3388-1682 (Ms. Kim Jeong-mi for Korean callers) or 010-5201-1740 (Chairman Lee for English callers).
Very Respectfully Yours
/s/
Lee Kyung-sik
Publisher-Chairman
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Invitation to the 2016 Yecheon World Insect Expo
I am pleased to inform Your Excellency that Mayor Lee Hyun-joon of the Yecheon County of Gyeongsangbuk-do Province cordially invite Your Excellency and Madam to attend the Opening Ceremony of the 2016 Yecheon World Insect Expo on Saturday July 30, 2016, which is attended by Prime Minister Hwang Kyo-ahn on behalf of President Park Geun-hye. Please visit: /news/view.html?section=161&category=181&no=1303 for details of the Expo.
The itinerary of the Tour is as follows:
1330 hours Saturday 30, 2016: Meet at Grqand Hyatt Seoul (near the Water Fountain).
1330-1630 hours: Move by Limousine Buses to Main Venue of the Inspect Expo.
1630-1700 hours: Visit the Main Theme Hall of the Expo, Amusement Park, Industrial Pavilion, and the Parblue Garden.
1700-1715 hours: Move to the Dinner Banquette Hall of the Yecheon Wedding Hall.
1715-1815 hours: Attend Dinner hosted by Mayor and Mrs. Lee Hyun-joon.
1830-1900 hours: Attend the Opening Ceremony of the 2016 Yecheon World Insect Expo.
1900-2200 hours: Move back to Seoul arriving at Grand Hayatt Seoul.
Very Respectfully Yours
/s/
Lee Kyung-sik
Publisher-Chairman
The Korea Post phones: 2298-1740/2, mobiles 010-3388-1682 (Korean) and 010-5201-1740 (Chairman Lee Kyung-sik).
RSVP: Yes, my spouse and I will attend_______. I will attend alone_______.
Mobile phone of driver or secretary:_________________________. Regrets:_____.
(Please mark the blank spaces above and below with an X or Tick and revert to edt@koreapost.com.)