July 04, 2016

TheKorean daily media headlines and humor

Monday, July 4, 2016

Your Excellency:

Here are The KoreaPost notices and a 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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Special notice:

The official email of The Korea Post is (1) edt@koreapost.comand (2) korpost@chol.com.The personal email address of the Publisher-Chairman of The Korea Post is pub@koreapost.com.

The Korea Postdoes not assume responsibility for any messages transmitted to and/or fromthrough the use of any other email addresses. In such a case, pleaseadditionally transmit a copy to one of the above official email addresses of The Korea Post.

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Our heart-felt congratulations on your National Day in August!

Excellencies with the National Day coming in August,has our request for a full-fledged National Day interview brought to yourattention?

If not, please check with your secretary! We havemade an irresistibleoffer. Please scroll down to the bottom for full details.

(Please scroll down to the bottom for full details.)

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The Korea Post tours

The Korea Postcurrently has a very important tour for the ambassadors and spouses.

Asingle day tour of the 2016 Yecheon 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 Prime Minister Hwang Kyo-ahn on behalf of President ParkGeun-hye. Please check the full details of the Invitation at the bottom of thisHeadlines.

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

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

S.Korea Closely Watching N. Korea for Possible Provocation

South Korea’sJoint Chiefs of Staff (JSC) says it is closely monitoring movements of theNorth Korean military for a possible provocation.

USSanctions 5 Russian Firms for Helping N. Korea

Russian mediareported Friday that five Russian companies were put on the U.S. sanctions liston charges of providing North Korea with technologies concerning the productionof weapons of mass destruction.

S.Korea: No Korean Victim in Bangladesh Terrorist Attack

South Korea’sForeign Ministry has confirmed that no South Koreans were killed in a terroristattack in Bangladesh.

S.Korea Becomes 21st Member of Paris Club

XiCongratulates NK Leader on New Title, Calls for Advancing Ties

PMConcerned of N. Korea Terror Threats

S.Korea, Saudi Arabia to Set up Industrial Cooperation Committee

S.Korea Elected Chair of CODEX Ad Hoc Task Force

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

U.S.Democratic Party vows to bolster alliance with S. Korea, tackle N.K. nuclear,missile programs

The U.S.Democratic Party has released the final draft of its policy platform ahead ofthe upcoming presidential convention, vowing to bolster the alliance with SouthKorea and push back against North Korean aggression.

U.S.sends 2 nuclear bombers to fly in skies near S. Korea last month

The UnitedStates sent two B-52 nuclear bombers to fly in skies near South Korea lastmonth, military officials said Sunday, a move seen as a display of forceagainst North Korea.

N.K.seen doubling landmines in DMZ this year: S. Korean military

North Korea isbelieved to have almost doubled the number of landmines it has planted in theDemilitarized Zone (DMZ) that bisects the two Koreas this year from theprevious year, South Korean military officials said Sunday.

LotteGroup chief vows to cooperate with prosecutor probe

The chief ofSouth Korean business group Lotte said Sunday he will faithfully cooperate witha prosecutor probe into allegations that the group created illegal slush fundsand conducted shady business practices.

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

Englishfluency an unusual source of pride in Korea

Adirector-level official from a government body of commerce walks into aconference room. He is welcomed by a represent...

Complaintsabout school meals grow in Korea

A photo of aschool lunch at Bongsan Elementary School in Daejeon recently went viral andpromp...

3Munder fire for silence over problematic filter

Multinationalconglomerate 3M is remaining silent over its potentially toxic filters used inlo...

Convergingdigital and analogue worlds

The rise ofnew technology puts an end to the methods of today. This was what Seoul-basedaudio...

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

Repairingthe body's most complex joint 

The shoulderis considered the most complicated and unstable joint in the human body.Composed of ...

Militaryclosely watching for N.Korea's provocation 

The SouthKorean military has been closely watching North Korean troops for possibleprovocation, ...

Japanesewar flag emojis under fire 

New cartoonemojis from smartphone app “PhotoWonder” have been severely criticized forbeing remin...

Callsfor dialogue with NK rising in US 

President ParkGeun-hye will not budge on tightening the noose around North Korea until itgives up its nuclear weapons program. However, in the United States... 

Poorschool meals trigger public outrage 

Poor-qualitymeals at some schools have caused uproar from citizens, especially parents ofschoolc...

Investigationbegins on prosecutor's suicide 

The SupremeProsecutors’ Office (SPO) has launched an investigation into the suicide of ajunior prosecutor surnamed Kim, 33, which allegedly resulted from a ...

Assemblyseeks anti-nepotism rules 

The NationalAssembly plans to draw up regulations barring lawmakers from hiring relativesas their office staff this month amid escalating criticism over nep...

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DongA Ilbo (http://english.donga.com)

ISexpands its terror attack to Asia

ISIS militantsstormed an upscale a caf? in an area where many embassies are located in Dhaka,capital city of Bangladesh on Frid…

ArtistLee Woo-hwan in trouble for 'verified' fake paintings

"In 1978and 1979, I drew 30 to 40 pieces a day at maximum. Many exhibited works werenot even included in the work book. I used …

Semiconductorindustry takes vigor back in one year

The prices ofmemory semiconductor chips such as DRAM and NAND flash chips are showing signsof recovery after its plummeting pri…

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

FBI interviews Hillary Clinton about private emailserver

U.S. Democratic presidential candidate Hillary Clintonmet with FBI officials on Saturday about the use of a private email serverwhile she was secretary of state, campaign...

Voice recorders from crashed EgyptAir Jet repaired

The team investigating the May 19 crash of an EgyptAirjet said it expects audio will be obtained from the plane's damaged cockpitvoice recorder. Authorities hope the recordings...

U.S. markets make stunning rebound after Brexit

Most of the post-Brexit equity sell-off has now beenerased to close out the month of June and the first half of 2016. The Dow Jonesindustrial average is coming off three...

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

Seriousholes in S. Korean government’s management of fine dust emissions

Coal burningpower plants, cement factories, incineration plants, and other workplacesaround South Korea operate without any fine dust emissions standards. With theMinistry of Environment declaring ..

Daejeoncivic groups uneasy about downtown spent nuclear fuel testing facility

There isgrowing anxiety among citizens of Daejeon about tests that are scheduled to beginnext year involving spent nuclear fuel, which is a form of high-levelradioactive waste. Spent nuclear fuel ...

Chinesenewspaper warns travelers about the quirks of North Korea

With charteredflights from the Chinese city of Taiyuan in Shanxi Province to Pyongyang, NorthKorea, scheduled to begin on July 15, a Chinese newspaper has run an articleoffering warnings for Chines..

[Interview]“I’ll never give up my dream of reopening the Kaesong Complex”

The EmergencyAction Committee for the Kaesong Industrial Complex was awarded the 18thHankyoreh Unification Culture Prize. The awards ceremony, held at the Hankyorehbuilding on June 28, was attended..

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

NIS arrests two men for spying for Pyongyang

The National Intelligence Service (NIS) arrested twoSouth Korean men on espionage charges and is questioning…

Lotte’s Shin flies home to face a wideningprobe

Lotte Group Chairman Shin Dong-bin made a return to SeoulSunday, 23 days after his group was put under prosecutors’ investigation…

U.S. private pensions are attractive modelhere

A 59-year-old American named Michael Hechter left his jobfive years ago and now works as a consultant…

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

[Truth behind the Sewol: Control over KBSNews Coverage] Lee Jung-hyun, Cheong WaDae's Press Secretary at the Time of theSewol Accident Called KBS Newsroom and Demanded They Cut a Report

Saenuri Party lawmaker Lee Jung-hyun, who was the CheongWaDae senior secretary for public relations at the time of the Sewol accident,personally called the c···

Samsung Share Prices Rock at Rumors of Deathof Chairman Lee Kun-hee

Samsung Group shares went for a rollercoaster ride at therumor of Chairman Lee Kun-hee's death. At one point during the day, the shareprices of Samsung C&T s···

Kim Jong-un Voted as Chairman of the StateAffairs Commission: Domestically Strengthen 'One-Man Leadership,' InternationallyDisplay a “Ordinary Leadership”

On June 29, Kim Jong-un, chairman of the Workers' Partyof Korea ended the age of Chairman Kim Jong-il and declared the undisputed riseof the Kim Jong-un era.···

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

Korean Defense Industry Struggles WhileGlobal Industry Prospers

Korea's defense industry is struggling both at home andexport markets even though the world's defense contractors are enjoying thebest time since the 2008 global financial crisis. That's largely because of theaftermath of prosecutorial investigations on defense companies for possibleirregulariti... 

[Market Insight] Korean Firms Keep ReceivingUnpaid Accounts Receivable from Iranian Clients

Korean companies that had outstanding accounts receivablewith Iranian firms are collecting debts one by one after economic sanctionsagainst the Islamic republic were lifted in January this year. According toinvestment banking industry sources on July 3, Daekyung Machinery &Engineering, an Ulsan...

"Mid- & Low Price" Serves asKeyword for Smartphone Market in First Half

In the first half of this year, Korea's smartphone marketshowed a transition from premium phone-centered competition toward the risingpopularity of mid- and low-priced models. Consumers showed more affectiontoward mid- and low-priced models as these models became increasingly diverse.Starting f...

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AJU BusinessDaily (http://eng.ajunews.com/korea)

Lottefounder's daughter questioned by prosecutors

South Koreanprosecutors questioned the 74-year-old daughter of Lotte Group's ailing founderFriday in an investigation into corruption and illegal business activities bythe country's fifth-largest family-run conglomerate. Lotte Foundat…

MoreNorth Korean landmines along border

An old NorthKorean landmine found near the inter-Korean border. North Korea is believed tohave almost doubled the number of landmines it has …

SouthKorea's auto sales up 11 pct in first half

Auto sales inSouth Korea surged 10.9 percent in the first half of this year from a yearearlier, industry data showed Friday, an increase that could…

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

Strengthens Its Online Business

Samsung Electronics is going to strengthen its onlinedistribution and is currently making preparations by recruiting merchandisers(MD) from home shopping malls and onlin...

Chairman of SK Group Orders Complete Overhaulfor CEOs of SK Group’s...  

Chairman Choi Tae-won of SK Group has ordered completeoverhaul for

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

LGElec retools its mobile unit on sluggish sales of G5

South Korea’sLG Electronics Inc. announced on Friday creation of new position called“program management officer (PMO),” as ...

S.Korea to debut 11 tn won recapitalization fund for state lenders

The SouthKorean government is ready to kick off an 11-trillion-won ($9.59 billion)recapitalization fund designed to replenish ...

Foodapp provider Woowa Brothers rises as sure win for venture capitals

South Korea’sventure capital managers IMM Investment Corp. and Stonebridge Capital Inc.reaped about 25 billion won ($22 ...

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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:

(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 inEnglishtokorpost@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).

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!

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-language

www.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!

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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 Grand 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.)

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Ourheart-felt congratulations on your National Day in August!

Alas! It is already that time of the month againwhen The Korea Post busily preparesfor the publication of a National Day Special Report for the countries withtheir National Day falling next month. Here is our request for an interview theExcellency with the National Day falling in the month of August:

Our heart-felt congratulations on the National Dayof your esteemed country in August this year!

The Korea Post, 31 years old this year, publishes:(1) an English print monthly (www.koreapost.com), (2) a real-timeKorean-language Internet newspaper (www.koreapost.co.kr), (3) a Korean-languageprint biweekly newspaper (http://pdf.koreapost.co.kr/14/1401.pdf), (4) anEnglish e-daily, and (5) an English e-daily newsletter.

At this time, I would like to have an extensiveinterview with Your Excellency for a Special Report on your country in ourAugust 2016 issue (published at the end of the preceding month by all the abovefive media units. On the assumption of Your Excellency’s kind consent, Ipresent our interview questionnaire as follows:

1. What are the important developments scheduledbetween Korea and your country, including the possible visit of your Head ofGovernment to Korea.

2. What is the volume of bilateral trade, its outlookin the next 12 months?

3. What are your competitive fields of industryand products attractive to Korea and what are Korean products and services thatyour country might wish to import?

4. Who are the Korean companies (other thanJaebeol business groups) actively engaged in the promotion of economiccooperation between Korea and your esteemed country?

5. What are the areas in your country where youwant Korean companies to invest and what are the areas where you wish yourbusinessmen to invest in Korea?

6. Please introduce your Head of Government indetail, including major achievements.

7. What is your view of Korea and the Koreanpeople before and after your arrival here?

8. What are the attractive tourist destinations ofyour country?

9. Please introduce yourself in detail, includingyour career, family and hobbies.

10. Please add whatever other details that wemight have left out from the questionnaire.

After your answers to the above basicquestionnaire are ready, I would like to visit Your Excellency in person withmy photographer and editor for photo-taking and whatever other details becomeavailable in the course of the interview. Our phone numbers are 2298-1740/2 andmy personal cell phone is 010-5201-1740.

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