June 22, 2016

TheKorean daily media headlines and humor

Wendesday,June 22, 2016

Your Excellency:

Here areThe KoreaPostnoticesanda roundup of important headlines from all major Korean-languagedailies, TV and other news media of Korea today:

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

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

TheKorea Post currently has two very important tours for the ambassadors andspouses

(Please do notmiss them!)

1.A one-night-two-daytour of Boryeong Mud Festival

MayorKim Dong-ill of the Boryeong City cordially invites the Excellencies and Madamsto a two-day tour of the 19th Boryeong Mud Festival at the picturesque DaecheonBeach on Saturday-Sunday, 16-17 July 2016. Please scroll down to the endof this Headlines for further details.

2.A single day tour of the 2016 Yechon World Insect Expo

MayorLee Hyun-joon of the Yecheon County of Gyeongsangbuk-do Province cordiallyinvites Your Excellency and Madam to attend the Opening Ceremony of the 2016Yecheon World Insect Expo on Saturday July 30, 2016, which is attended by PrimeMinister Hwang Kyo-ahn on behalf of President Park Geun-hye. Please check thefull details of the Inviation at the bottom of this Headlines.

Humor from a friendly former Ambassador inKorea:

A little fun economicsto lighten up your day....

Wife to her accountant husband: What is inflation?

Husband: Earlier you were 36-24-36. But now youare 48-40-48.

Though you have everything bigger than before,your value has become less than before. This is INFLATION .

Economics isnot that difficult if we have the right examples

Interviewer: What is Recession?

Candidate: When "Wine & Women" getreplaced by "Water & Wife." That critical phase of life is calledRecession!

Accountancyfact

What is the difference between Liability andAsset?

A drunk friend is liability.

But, a drunk girlfriend is an asset.

In apolygamous society:

Economist beautifully explained two reasons forhaving two wives.

A- Monopoly should be broken.

B- Competition improves the quality of service.

If you have one wife, she fights with you.

If you have two wives, they will fight for you.

Feel the difference & decide

Disclaimer: Sender is not having any suchexperience and not responsible for any side effects..

Wondering

When you are in love,

Wonders happen.

But once you get married,

You wonder what happened.

Secret formulafor married couples

"Love One Another"

And if it doesn't work, bring the last word in themiddle!

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

Aquick roundup of major news stories from the Korean media today:

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

N.Korea Test Fires Additional Ballistic Missile

Seoul's JointsChiefs of Staff says North Korea has test fired another mid-range ballisticmissile from its east coast on Wednesday following an unsuccessful attempt afew hours earlier.

ObamaExtends Economic Sanctions on N. Korea for 1 Year

U.S. PresidentBarack Obama has extended executive orders imposing sanctions on North Koreafor one more year.

MinbyunFiles Petition to Recuse Judge Over Hearing on Defectors

The Lawyersfor a Democratic Society, or Minbyun, has filed a petition to remove a judgefrom dealing with a case on 12 North Korean defectors and whether it is legallyacceptable for the government to keep them under its protection.

N.Korea Test Fires Additional Ballistic Missile

N.Korea Fails Again in Launching Musudan Missile

PartiesReact to Gov't Decision to Scrap Airport Project

Planto Build New Airport in Gyeongsang Region Scrapped

KOSPIRises; KOSDAQ Flat

ExportsFall 12.8% Between June 1-20

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

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

U.S.urges N. Korea to refrain from missile test

The UnitedStates urged North Korea on Tuesday to refrain from another missile test afterSouth Korea warned that the communist nation appears to be preparing to testits Musudan intermediate-range ballistic missile after four successivefailures.

Obamaextends executive orders imposing sanctions on N. Korea

U.S. PresidentBarack Obama on Tuesday extended executive orders imposing sanctions on NorthKorea, saying the communist nation poses an "unusual and extraordinarythreat" to the U.S.

Bidensays Japan can go nuclear 'virtually overnight'

Japan iscapable of going nuclear "virtually overnight," U.S. Vice PresidentJoe Biden said, as he spoke about a conversation he had with Chinese PresidentXi Jinping in which he urged Beijing to do more to rein in North Korea.

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

The KoreaHerald (http://www.koreaherald.com)

Whatit takes to be a K-pop fan

Following foursexual assault claims last week against Park Yoo-chun of boy band JYJ, a groupo...

Disputeboils over court hearing on defectors

About twomonths after fleeing their oppressive homeland, 12 former workers of a NorthKorean r...

Women’spresence in politics still limited

While the 20thNational Assembly has the highest proportion of seats held by women in itshisto...

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

The KoreaTimes (http://www.koreatimes.co.kr)

N.Korea fails with 5th missile test-launch: military 

A statementfrom South Korea's Joint Chiefs of Staff gave no further details on the launchfrom near the east coast city of Wonsan. 

DirectorHong, actress Kim allegedly having affair 

Director HongSang-soo and actress Kim Min-hee have allegedly been having an affair for abouta ye... 

Podcastertakes chance on Korea 

When radiobroadcaster Chance Dorland came to Korea in 2013, he found the local Englishbroadcast ...

Armyto establish future commission 

The Army plansto establish a team to look into possible future threats to national security,Army Chief of Staff Gen. Jang Jun-gyu said Tuesday.

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

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

N.Korea prepares for fifth firing of Musudan missle

South Koreanand Japanese authorities have detected Tuesday signs of North Korea preparingto fire the Musudan, an intermediate r…

SamsungElectronics to spend .2 billion to lay footprint in U.S. IoT market

SamsungElectronics is partnering with U.S.-based Intel, the world's largest non-memorychip maker, to launch National IoT Strate…

InnoDesign partners with U.S. and French 3D firms to foster designers

Korea's designfirm Inno Design has partnered with French 3D software firm Dassault Systemsand U.S. 3D printer maker Stratasys t…

Soroswarns Brexit would trigger Black Friday immediately

Ifthe U.K. votes to leave the EU, it will have a ‘Black Friday’ immediately.”Legendary hedge fund manager George Soros warned …

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

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

Another N.Korean Missile Test Fails

North Korea tested two Musudan medium-range ballisticmissiles in early hours of Wednesday. The Joint Chiefs of Staff here said thatthe North fired one missile at around 6:00 a.m. and the other one two hourslater in Wonsan, Kangwon Province. The first launch appears to have failed.

Lung Cancer to Remain the Deadliest Form

Lung cancer will continue to top the list of cancerdeaths in Korea for the coming 16 years, according to a study. A team atKangwon National University College of Medicine recently published research onestimated cancer deaths for the 2028-2032 period in the Journal of KoreanMedical Science. 

Gulf Airlines Slash Prices to Lure Fliers toEurope

Emirates Airline and Qatar Airways are selling round-triptickets to Paris and London with a stopover for just W550,000 to W700,000. Thisis just one-third of the W1.65-1.78 million Korean Air and Asiana Airlinescharge on direct flights to European cities.

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

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

Parentsfretting over cervical cancer vaccinations for elementary school girls

A womansurnamed Kim, 47, who has a daughter in the sixth grade of elementary school,has recently been worrying about her daughter’s vaccination. The government hasrecently started providing free va..

Inthe place where they underwent forced surgeries, Hansen’s patients testify Inthe place where they underwent forced surgeries, Hansen’s patients testify

The hospitalgallery was filled with about 80 Hansen’s patients, and a heavy silence settledover the court as Kim Bok-ja (74, not her real name) testified. “When I wentwhere the hospital told me to..

Whyis the government hiding away N. Koreans who defected from restaurant?

An apparentlyunprecedented situation is unfolding as the South Korean government insists onhiding away the waitresses involved in a group defection in April from a NorthKorean restaurant in China. ..

NISbumbles claim about South Korean being targeted by ISIL

South Korea’sNational Intelligence Service (NIS) claimed that the Islamic State of Iraq andthe Levant (ISIL) included a South Korean on a list of targets for terroristattacks, but the agency believ..

SouthKorea in a tough spot over Google’s request for map data

Seoul is in aquandary over Google’s request to allow South Korean map data to be takenoverseas. If it agrees, it risks being accused of special treatment towardGoogle and discrimination against dom..

Policescuttle minimum wage hunger strike in front of National Assembly

Officials withYeongdeungpo Police Station in Seoul evicted the president and two members ofthe Part-Time Workers’ Union from the premises of the National Assembly on June20 - the fifth day of a hun..

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

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

New airport vow is scaled down to expansionplan

President Park Geun-hye’s decade-long promise to build anew international airport in the southeastern region of the country was reducedTuesday to a more cost-effective plan to expand the existing airport in Busan.The Ministry of Land, Infrastructure and Transport announced Tuesday afternoonthat it will expand Gimhae International Airport instead of building a newfacility in the southeastern region, based on a feasibility study conducted bya French company… .

Restaurant defectors skip Seoul court hearing

A Seoul court held a hearing Tuesday after a group oflawyers challenged the legitimacy of the South Korean…

Visa amnesty creates a Korean ‘brawn drain’

An amnesty program for overstaying foreigners is havingan unexpected consequence: Korea is suddenly short…

Tencent buys Clash of Clans game studio

Tencent Holdings will lead a group buying control ofgamemaker Supercell for $8.6 billion, getting its hands on…

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

TheKyunghyangShinmoon (http://english.khan.co.kr/)

LongestServing Minister of Patriots and Veterans Affairs Park Sung-choon, What Did HeDo During the Five Years and Four Months?

Minister ofPatriots and Veterans Affairs Park Sung-choon is once again in the center of apolitical debate as a man of conflict. The three opposition parties--···

TheGovernment Put the Twelve NK Defectors in Danger

The spotlightis once again on the employees of Ryugyong Korean Restaurant, a North Koreanrestaurant in Ningbo, Zhejiang Province, China. The North Korean work···

Deathof a Sewol Diver Reveals the Heavy Responsibility of the State

Kim Gwan-hong,a civilian diver who took part in the search operations after the tragicsinking of the Sewol, left this world when his coffin was carried out of···

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

The KoreaEconomic Daily (http://english.hankyung.com/)

Insurers Increase Their Overseas InvestmentBalance by More Than 50%top news

Korea's insurance companies are increasing theirinvestment overseas by more than 50 percent this year from last in order toovercome the situation of low interest rate. Including securities firms andasset management firms that are doing the same, the balance of overseasinvestment by institutional...

Korea and India to Increase Trade Items forTariff Elimination

Korea and India will seek to expand the areas for tariffelimination by revising the bilateral Comprehensive Economic PartnershipAgreement. The Korean Ministry of Trade, Industry, and Energy said that it helda CEPA ministerial joint commission meeting on June 18 in New Delhi and agreedto the pact...

Hanjin Shipping Starts Returning Ships ItChartered at High Price

Hanjin Shipping will start returning the ships itchartered when the charter price was high, from next month along with thetermination of its charter contracts. According to industry sources on June 19,Hanjin Shipping will return one 4,500-TEU containership in mid-July. The ship waschartered in 2...

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

AJUBusiness Daily (http://eng.ajunews.com/korea)

Rightswatchdog rules against campus rules on TOEIC

South Korea'sstate human rights watchdog has ruled against a controversial ban on collegestudents who were forced to stay in a campus dormitory for scoring low gradeson their English language test. Ten freshmen at a university special…

Obamaextends sanctions against Pyongyang: Yonhap

US PresidentBarack Obama extended executive orders imposing sanctions on North Korea,saying the communist nation poses an "unusual and ext…

Jejuisland endorses deer hunting for three more years

South Korea'ssouthern resort island of Jeju has extended an officially sanctioned hunt forroe deer by three year

Pyongyangtest-launches new medium-range missile

North Koreatest-fired a suspected medium-range missile Wednesday from a base on the eastcoast but the launch appeared to hav

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

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

TATIAS: Korean Jewelry brand attractscustomers globally with its unique ...

A Korean titanium jewelry specialty mall, TATIAS(www.tatias.com), is entering the global market to grow as an internationalbrand as it offers unique designs and competi...

SK Hynix to Push Its D-RAM Technology as NextGlobal Standards

SK Hynix has presented its D-RAM technology asinternational standards to respond to 3D CrossPoint Memory of Intel and Micron.Although its technology is slower...

Samsung Electronics to Look for FutureBusinesses from Its Materials and ... Jun 21, 2016 Share 

Samsung Electronics is looking for its future businessesin its materials and components such as IoT platforms, Quantum-Dot (QD)materials, packaging solutions and others. It ...

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

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

Koreaopts to expand Busan’s Gimhae Airport instead of adding a new airport

Underscoringthe political dilemma for a conservative party with its roots in GyeongsangProvince amid intensifying conflict ...

SamsungSDS turns down minority shareholders’ request to boost stock price

Samsung SDSCo., information and communication technology (ICT) services unit of SamsungGroup mulling spinning off its ...

HSCEI-basedfutures to be listed on KRX late this year

Futures ofHang Seng China Enterprises Index (HSCEI), the major index that tracks theperformance of Chinese enterprises (H-shares) listed in Hong Kong and includedin the Hang Seng ...

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

The Korea Post is at your service.

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

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

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

(2) A KoreanInternet (www.koreapost.co.kr),

(3) An EnglishInternet (www.koreapost.com),

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

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

Sendyour news releases and feedback:

Sendthe Embassy news releases to edt@koreapost.comforpublication by all its five media units, including one Korean (www.koreapost.co.kr)and one English (www.koreapost.com)Internet dailies, which are updated real-time.(Call 010-5201-1740 forfurther details.)

Specialnotices:

Sendyour latest Embassy news releases toTheKorea Post for publication

Your Excellency:

Send your latest press release(s) in Korean to(www.koreapost.co.kr) for immediate publication and inEnglishto 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).

VeryRespectfully Yours

/s/

LeeKyung-sik

Publisher-Chairmanof The Korea Post

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

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

Hispersonal mobile phone number is 010-5201-1740.

ChairmanLee has a lot of up-to-minute hot information to be shared with YourExcellency. Do your esteemed country a favor and bring the two greatcountries closer together using Chairman Lee Kyung-sik of The Korea Post, who owns and operates five print and Internet newsmedia, including Korean-languagewww.koreapost.co.kr, English www.koreapost.com and Korean-languagenewspaper http://pdf.koreapost.co.kr/14/1401.pdf. Use Chairman Lee and hisfive news outlets for the sake of your great country!

Manyambassadors are already Kakaotalk news sharers with Chairman Lee!

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

Invitationto a two-day tour of Boryeong Mud Festival

Iam pleased to inform Your Excellency that Mayor Kim Dong-ill of the BoryeongCity cordially invites Your Excellency and Madam to a two-day tour of the 19thBoryeong Mud Festival at the picturesque Daecheon Beach (some 119 miles southof Seoul) on Saturday-Sunday, 16-17 July 2016. It was designated by theGovernment as the Best Festival of the Republic of Korea.

Theitinerary is as follows:

DayOne: 1200 hours, Saturday 16 July 2016: Meet at Grand Hyatt Seoul (by the waterfountain)

1200-1400hours: Move to Boryeong City by Limousine bus. High-quality lunch box served onthe bus.

1400-1500hours: Check in at the Westopia Tourist Hotel.

1500-1620hours: Watch street parade at the Dongdae-dong Rotary.

1620-1800hours: Have hands-on experience in mud festival activities.

1800-1930hours: Attend welcome dinner in honor of the ambassadors and spouses.

1930-2200hours: Attend opening ceremony and watch opening ceremony performances.

2200hours: Check in at the hotel for the night.

DayTwo: 0800-0900 hours, Sunday 17 July 2016: Breakfast at the hotel, and checkout.

0900-1200hours: Visit Ongma-jeon Pavilion, Seongju Castle Site, Seongju Mountain Restand Recuperation Forest, Cypress Forest, and tour Gaehwa Art Park.

1200-1300hours: Farewell luncheon at the Gaehwa Art Park Reception Hall and presentationof Plaque of Appreciation to the Mayor by the Dean of the visiting members ofthe Seoul Diplomatic Corps. (The Plaque will be prepared by The Korea Post.)

Pleaseindicate your interest in the following space:

Yes,we___(I alone___) will attend. Emergency cellphone number____________________

Contactphones of The Korea Post: 2298-1740/2, mobile 010-3388-1682 (Ms. Kim Jeong-mifor Korean callers) or 010-5201-1740 (Chairman Lee for English callers).

VeryRespectfully Yours

/s/

LeeKyung-sik

Publisher-Chairman

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

Invitationto the 2016 Yecheon World Insect Expo

Iam pleased to inform Your Excellency that Mayor Lee Hyun-joon of the YecheonCounty of Gyeongsangbuk-do Province cordially invite Your Excellency and Madamto attend the Opening Ceremony of the 2016 Yecheon World Insect Expo onSaturday July 30, 2016, which is attended by Prime Minister Hwang Kyo-ahn onbehalf of President Park Geun-hye. Please visit: /news/view.html?section=161&category=181&no=1303for details of the Expo.

Theitinerary of the Tour is as follows:

1330hours Saturday 30, 2016: Meet at Grqand Hyatt Seoul (near the Water Fountain).

1330-1630hours: Move by Limousine Buses to Main Venue of the Inspect Expo.

1630-1700hours: Visit the Main Theme Hall of the Expo, Amusement Park, IndustrialPavilion, and the Parblue Garden.

1700-1715hours: Move to the Dinner Banquette Hall of the Yecheon Wedding Hall.

1715-1815hours: Attend Dinner hosted by Mayor and Mrs. Lee Hyun-joon.

1830-1900hours: Attend the Opening Ceremony of the 2016 Yecheon World Insect Expo.

1900-2200hours: Move back to Seoul arriving at Grand Hayatt Seoul.

VeryRespectfully Yours

/s/

LeeKyung-sik

Publisher-Chairman

TheKorea Post phones: 2298-1740/2, mobiles 010-3388-1682 (Korean) and010-5201-1740 (Chairman Lee Kyung-sik).

RSVP:Yes, my spouse and I will attend_______. I will attend alone_______.

Mobilephone of driver or secretary:_________________________.     Regrets:_____.

(Pleasemark the blank spaces above and below with an X or Tick and revert toedt@koreapost.com.)

저작권자 © The Korea Post 무단전재 및 재배포 금지