June 24, 2016

TheKorean daily media headlines and humor

Friday,June 24, 2016

Your Excellency:

Here areThe KoreaPostnoticesanda roundup of important headlines from all majorKorean-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 special notice:

For thecountries celebrating their National Day in July 2016, The Korea Post has already transmitted awritten request for an extensive interview with the ambassador for publicationin all its five media units, including:

The Englishmonthly and the Korean-language newspaper (totaling 20 pages equivalent to 80magazine pages) as well as the real-time updated Korean-language Internetedition (www.koreapost.co.kr) are ready to fully serve Your Excellency through theirthree English and two Korean-language news publications.

In case of ourtransmission failure, please advise us at edt@koreapost.com orkorpost@chol.com.Or call Chairman Lee at 010-5201-1740 or Ms. Kim Jong-mi at 010-3388-1682. Ourregular phones are Tel 2298-1740/2, fax 2298-9506.

Publication ofa Special Report on your esteemed country, I am sure, would greatly contributeto significantly increasing bilateral cooperation in the political, economicand various other areas.?Ed.

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TheKorea Post tours

The Korea Postcurrently has two very important tours for the ambassadors and spouses

1.A one-night-two-day tour of Boryeong Mud Festival

Mayor Kim Dong-ill of the Boryeong City cordially invites theExcellencies and Madams to a two-day tour of the 19th Boryeong Mud Festival atthe picturesque Daecheon Beach on Saturday-Sunday, 16-17 July 2016. Please scroll down to the end of this Headlines forfurther details.

2. A single day tour of the 2016 Yechon WorldInsect Expo

Mayor Lee Hyun-joon of the Yecheon County ofGyeongsangbuk-do Province cordially invites Your Excellency and Madam to attendthe Opening Ceremony of the 2016 Yecheon World Insect Expo on Saturday July 30, 2016, which is attended by Prime Minister Hwang Kyo-ahn onbehalf of President Park Geun-hye. Please check the full details of theInviation at the bottom of this Headlines.

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

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

UNSCAdopts Press Statement Denouncing N. Korea's Missile Launches

The UNSecurity Council on Thursday adopted a press statement strongly condemningNorth Korea's test-launches of two Musudan intermediate-range ballisticmissiles.

WashingtonConfirms No Contact between U.S., N. Korea in Beijing

Washington hasconfirmed that there was no contact between the U.S. and North Korea duringthis week's annual security forum of the six countries involved in long-stalledtalks over North Korea's nuclear programs.

SeoulCourt Endorses Arrest of Volkswagen Korea Executive

A South Koreancourt has issued an arrest warrant for an executive of the local unit ofVolkswagen for his alleged role in the German carmaker's emissions-riggingscandal.

Seoulto Send Letter to ICAO, IMO Expressing Concerns Of Pyongyang's Missile Tests

NECProposes Legal Revisions to Improve Elections

SaenuriUrges Prosecution to Clarify Allegations on People's Party Rep.

ProbeFinds Daewoo Shipbuilding's Accounting Fraud Near 5 Tln Won

MinisterUrges for Swift Introduction of Extra Budget

No.of Flights Between Incheon and Paris to Increase

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

Samsungreleases new Gear Fit 2

SamsungElectronics Co.'s newest wearable fitness tracker went on sale in South Koreaon Friday, featuring multiple functions like a "personal trainer."The Gear Fit 2 got off to a smooth start, drawing largely positive feedbackfrom consumers and media.

S.Korea welcomes U.N. condemnation of N.K. missile launches

South Korea onFriday welcomed the U.N. Security Council's adoption of a press statementcondemning North Korea's ballistic missile launches earlier this week.

S.Korea's trade promotion agency sets up trade center in Ivory Coast

South Korea'strade promotion agency said Friday that it has opened a trade center in IvoryCoast in the latest efforts to make inroads into the West Africa market.

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

Koreansturn cold shoulder on Lotte amid drama

When Kim Li-nafirst heard about the prosecution’s probe into Lotte on the alleged creationof...

Kiatops U.S. car quality survey

The nation’ssecond-largest automaker Kia Motors topped a car quality survey by theU.S.-based...

Arare look at Joseon king's funeral

Preparing afuneral for a Joseon king required many steps.  Ittook five to seven months to pr...

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

UNSecurity Council strongly condemns N. Korea's missile test 

The U.N.Security Council on Thursday adopted a press statement strongly condemningNorth Korea's latest missile tests, saying they contribute to the communis...

Hallyuis magnet for int'l tourists to Seoul 

Hallyu, or theKorean cultural wave, is the top reason foreign tourists visit Seoul, and morewant to experience local people’s lives and Korean traditions ra...

TrashingEnglish channel 

The governmenthas turned Arirang TV, the state-subsidized global all-English channel withgreat potential for projecting Korea's soft power, into a political... 

Taekwondowill be more thrilling, colorful at Rio Olympics 

Taekwondodebuted as a demonstration Olympic sport at the 1988 Seoul Games and became anofficial ...

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

U.S.House Democrats stage sit-in over gun control legislation

DemocraticParty members of the U.S. House of Representatives are staging a sit-in for anindefinite period from 11:30 a.m. Wedne…

Peripheralunderdogs advance into knockout stage in Euro 2016

Among the fiveteams participating in the UEFA Euro 2016, four of them survived the groupcompetition to advance into the tournam…

Volkswagenplans to recall 3.7 mil. cars in Germany

Volkswagenheld its first annual meeting Wednesday since the emission cheating scandaloccurred in September last year and announ…

Rep.Kim Bu-gyeom announces he will not run for party chairmanship

Rep. KimBu-gyeom of the Minjoo Party of Korea announced on Thursday his decision not torun in the upcoming chairman election. A…

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

Kim Jong-un Claims Missiles 'Can Strike U.S.

'North Korean leader Kim Jong-un claimed his country'smissiles can strike the U.S. in the Pacific. "We have the sure capabilityto attack in an overall and practical way the Americans in the Pacificoperation theatre," the official KCNA quoted him as saying.

U.S. Condemns N.Korean Missile Launch

The White House on Wednesday condemned North Korea'slaunch of two mid-range ballistic missiles, calling it a "flagrantviolation" of the North's international obligations. If the missiles havethe touted range of 3,000-4,000 km they could strike U.S. military bases inGuam. 

Police to Step Up Drunk-Driving Crackdown

The Seoul Metropolitan Police Agency on Wednesday pledgedto intensify a crackdown on drunk driving, increasing patrols from three tofour hours and starting at different times to keep drivers alert.

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

Dialoguein Beijing becomes chance to denounce N. Korea’s missile launch

The NortheastAsia Cooperation Dialogue (NEACD) kicked off in Beijing on June 22 withparticipants including chief and vice negotiators for the countries in theSix-Party Talks on North Korea’s nuclea..

Thegoal of North Korea’s obsession with the Musudan missile

Even afterseveral previous launches of the Musudan missile had failed, North Korealaunched two more missiles on June 22, showing how dedicated it is to achievinga successful launch. North Korea re..

NorthKorea launches two missiles…were they “successful”?

On the morningof June 22, North Korea launched what were presumed to be two Musudanintermediate range ballistic missiles. These were the fifth and sixth Musudanmissiles (Hwasong 10) that it has lau..

.

Inaging South Korea, even the companies aren’t “young”

” With growthmoving out of reach of “young” companies, South Korean companies are rapidlyaging, a new report says. According to a report titled The Weakening Vitality of South KoreanCompanies” that..

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

Musudan succeeded, North says

North Korea bragged Thursday that a successfulintermediate-range Musudan missile test a day before put U.S. military forcesin the Pacific within its range. It also said the missile had reached analtitude of over 1,400 kilometers (870 miles), signifying that it has conqueredthe technology necessary for a missile re-entering the earth’s atmosphere fromspace. The international community rushed to condemn Pyongyang’s latestprovocation… .

Koreans too worried to wed or raise children

Fewer Koreans are getting married and having babies asfuture economic conditions continue to be uncertain…

Lawyer pays homage to a forgotten French herofrom the Korean War

Kim Soung-soo, a 73-year-old lawyer, made a pilgrimage toParis last year to honor one of the lesser-known heroes…

Marketing makes difference to Japanesevisitors to Korea

Last Thursday, a cafe near Umeda Station in Osaka, Japan,began filling up with office workers…

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

TenYears of Conflict over New Airport Triggered by the Government: Let the"Wise Public" End It

As thegovernment decided to expand the Gimhae Airport on June 21, plans to constructa new airport in the Yeongnam region have been scratched out. The heated d···

RulingParty Suggested, "Leave Cheong Wa Dae out of the SewolInvestigation," The MInjoo Party "Refused"

On June 22, inconnection to extending the investigation period for the special Sewolcommittee, the Minjoo Party of Korea floor leader Woo Sang-ho said, "Wer···

'WeNeed a City for People to Live in, Not a City for Investors,' Lecture byWorld-Renowned Scholar Harvey

"We don'twant to create a city for investors. We need a city for people to livein." David Harvey, 81, a distinguished professor at the City Universityo···

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

Korea Ranked No. 4 in Terms of Dependence onChina...

A study said Korea is fourth highest in the world interms of the degree of dependence on the Chinese economy. For this reason, theKorean economy is likely to be hit hardest if the possibility of China's hardlanding materializes. According to reports of Yonhap News, McKinsey GlobalInstitute relea... 

Sharp to Challenge Samsung and LG byProducing OLED Panels 2016-06-24 10:30

Sharp Corp. of Japan will start producing OLED panels,organic liquid crystal display panels used in TVs and smartphones, from nextyear. This is a challenge to the incumbents like Samsung Electronics and LGElectronics that are currently dominating the global OLED market. According tothe Nikkei As...

Samsung Welstory to Move into $26 Bil.Chinese Foodservice Market 2016-06-24 09:54

Samsung Welstory, Korea's largest food catering servicefirm, will move into the fast-growing foodservice distribution business inChina. The company said on June 23 that it signed an agreement with Japan'slargest food distributor Gokubu Group and China's state-run farm goods companyYinlong

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

Kimhails 'successful' launch of missile capable of hitting US

North Koreanleader Kim Jong-Il hailed the "successful" test-launch of missilesthat could hit any US targets in the Pacific, vowing to step up the developmentof nuclear weapons, Pyongyang's state media reported Thursday. The launch on …

Policefind source for rumor of Lee Seung-gi and his se…

Lee Seung-gigetting baptized at a boot camp chapel in Nonsan, Chungcheong Province [OnlineCommunity]] Police have found and identified a person as the source …

Kimchiincluded on Rio Olympic menu: Yonhap

The organizingcommittee of the Rio de Janeiro Olympics has included kimchi, the traditionalKorean side dish of fermented cabbage with a variety o…

VolkswagenKorea executive arrested over emissions scan…

An executiveof Volkswagen's unit in South Korea was arrested Friday in a probe into theGerman auto giant which has been accuse…

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

SK Telecom and Ericsson Secure Equipment forDemonstrative Network of 5G

SK Telecom and Ericsson had finished developing equipmentfor demonstrative network of 5G and have succeeded in demonstrating it. Thisequipment will be applied for demonstrative network of 5G that i

Pincraft Engineering Develops World’sThinnest Wireless Charger  Jun 24, 2016Share 

A small South Korean company has developed a world¡?sthinnest rapid wireless charger for Smartphones. While it has same performanceas any Smartphone manufac...

Ministry of Trade, Industry and Energy toPush for Preliminary Feasib...  Jun 24,2016 Share 

Ministry of Trade, Industry and Energy (MOTIE) isstarting a preliminary feasibility study project that is worth $263 million(300 billion KRW) to develop new techno...

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

HyundaiMerchant Marine indicates progress in talks to join 2M alliance

South Korea’sHyundai Merchant Marine Co. is likely to join the world’s largest shippingalliance 2M instead of ...

Koreatoughens disclosure rules for short-selling position

Individual andinstitutional investors would have to report to financial authorities theirshort-selling details if their ...

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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:

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Sendyour news releases and feedback:

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Specialnotices:

Sendyour latest Embassy news releases to TheKorea 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

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

His personal mobile phone numberis 010-5201-1740.

Chairman Lee has a lot ofup-to-minute hotinformation to be shared with YourExcellency. Do your esteemed country a favor and bring the two great countries closer together using Chairman LeeKyung-sik of The Korea Post, who ownsand 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 greatcountry!

Manyambassadors are already Kakaotalk news sharers with Chairman Lee!

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Invitation to a two-day tour of Boryeong MudFestival

I am pleased to inform Your Excellency that Mayor KimDong-ill of the Boryeong City cordially invites Your Excellency and Madam to atwo-day tour of the 19th Boryeong Mud Festival at the picturesque DaecheonBeach (some 119 miles south of Seoul) on Saturday-Sunday, 16-17 July 2016. Itwas 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 GrandHyatt 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-dongRotary.

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

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

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

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

Day Two: 0800-0900 hours, Sunday 17 July 2016: Breakfast atthe hotel, and check out.

0900-1200 hours: Visit Ongma-jeon Pavilion, Seongju CastleSite, Seongju Mountain Rest and Recuperation Forest, Cypress Forest, and tourGaehwa Art Park.

1200-1300 hours: Farewell luncheon at the Gaehwa Art ParkReception Hall and presentation of Plaque of Appreciation to the Mayor by theDean of the visiting members of the Seoul Diplomatic Corps. (The Plaque will beprepared by The Korea Post.)

Please indicate your interest in the following space:

Yes, we___(I alone___) will attend. Emergency cellphonenumber____________________

Contact phones of The Korea Post: 2298-1740/2, mobile010-3388-1682 (Ms. Kim Jeong-mi for Korean callers) or 010-5201-1740 (ChairmanLee 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 LeeHyun-joon of the Yecheon County of Gyeongsangbuk-do Province cordially inviteYour Excellency and Madam to attend the Opening Ceremony of the 2016 YecheonWorld Insect Expo on Saturday July 30, 2016, which is attended by PrimeMinister Hwang Kyo-ahn on behalf of President Park Geun-hye. Please visit:/news/view.html?section=161&category=181&no=1303for 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 ofthe 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 theYecheon Wedding Hall.

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

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

1900-2200 hours: Move back to Seoul arriving at GrandHayatt 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 willattend alone_______.

Mobile phone of driver or secretary:_________________________.     Regrets:_____.

(Please mark the blank spaces above and below with an X orTick and revert to edt@koreapost.com.)

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