The Korean daily media headlines and humor

Monday, August01, 2016

Your Excellency:

Here are The KoreaPost notices and around up 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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A rare chance to learn the latest constructiontechnology of Korea

Invitation of Excellencies to the Korea Institute of CivilEngineering and Building Technology

(On the scenic and environmentally clean Northwestern outskirtsof Seoul)

Iam pleased to inform Your Excellency that President Tai-sik Lee of the KoreaInstitute of Civil Engineering and Building Technology (KICT) of the Ministryof Construction cordially invites Your Excellency and Madam to a tour of theInstitute on Friday August 19, 2016.

Ifdesired, Your Excellency could be accompanied also by a construction- and/oreconomic officer of the Embassy. Please visit: /news/view.html?section=160&category=179&no=1327

Itrust that the Tour would provide Your Excellency with a rare opportunity tohave a glimpse into the advanced construction technology of Korea and that itwould be extremely conducive to the promotion of understanding and cooperationbetween Korea and your esteemed country in the area of construction. Theitinerary follows:

0830 hours Friday 19 August 2016: Meet at Grand Hyatt Seoul(near water fountain).

0830-0920 hours:Move by Limousine Buses to the Head Office of the Korea Institute of CivilEngineering and Building Technology in Ilsan northwest of Seoul.

0920 hours: VisitingExcellencies and Madams to be welcomed at the Entrance Hall.

0930-1120 hours:Introducing of visiting Excellencies and Madams and also the leaders of KICT.Welcome remarks, presentation of Plaque of Appreciation to the KICT presidentand memorial gifts to the visiting Excellencies and other diplomats.

1120-1130 hours: Photo session.

1130-1220 hours: Inspection ofvarious facilities, including BIM Room.

1230-1400 hours: Attend buffetluncheon attended also by the CEOs of small-medium industries.

1400 hours: Leave KICT for Grand Hyatt Seoul.

VeryRespectfully Yours

/s/

LeeKyung-sik

Publisher-Chairman

The Korea Post phones: 2298-1740/2, mobiles 010-3388-1682(Korean) and 010-5201-1740 (Chairman LeeKyung-sik).

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

Mobilephone of driver orsecretary:____________________.     Regrets:_____.

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Invitationto Samsung Semiconductor, LG Electronics, 2nd ROK Navy Headquarters andPyeongtaek City

Iam pleased to inform Your Excellency that Mayor Gong Jae-gwang of thePyeongtaek City of Gyeonggi Province, together with the CEOs of the SamsungSemiconductor and LG Electronics, and the Second ROK Navy Commander, cordiallyinvites Your Excellency and Madam to visit the two major electronics companiesof Korea and the ROK Navy Base as well as the Pyeongtaek City Government on Wednesday August 17, 2016.

Pleasevisit: http://koreapost.koreafree.co.kr/news/view.html?section=161&category=180&no=1324for detailed information on the Pyeongtaek City.

Theitinerary of the Tour is as follows:

0830hours Wednesday August 17, 2016: Meet at Grand Hyatt Seoul (near the WaterFountain).

0830-1000hours: Move by Limousine Buses to the Pyeongtaek City Government Hall.

1000-1100hours: Have tea with Mayor Gong Jae-gwang, see introductory video on Pyeontaekand photo session

1120-1200hours: Visit and insepct the production facilities of the Samsung SemicondcturPlant in Godeok.

1200-1330hours: Attend Luncheon (buffet) hosted by the Mayor of the Pyeongtaek City.

1330-1430hours: Visit and inspect the LG Electronics Plant in Pyeongtaek

1530-1630hours: Visit and inspect the Republic of Korea Navy Second Fleet Headquarters.

1700-1800hours: Visit the Information Hall of the Pyeongtaek Harbor.

1800hours: Leave Pyeongtaek City for Seoul (Grand Hyatt Seoul).

Lookingforward to the honor and pleasure of serving Your Excellency and Madam, Iremain

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:_____.

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

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

FormerMinjoo Adviser Hints at Return to Politics

A formeradviser to the main opposition Minjoo Party of Korea, SohnHak-kyu, says hefeels that he can't retreat any further and pledged to give back...

Gov'tIssues Travel Advisory for N. Korean-Russian Border, Places Alerts for OtherCountries 

The governmenthas issued travel alerts for a number of regions and countries including theNorth Korean-Russian border, Puerto Rico, the Virgin...

WorldInsect Expo Yecheon Opens 

FormerMinjoo Adviser Hints at Return to Politics

Gov'tIssues Travel Advisory for N. Korean-Russian Border, Places Alerts for OtherCountries

Poll:3 out of 4 S. Koreans Support Overseas Troop Dispatch

KOSPICloses the Week Lower; KOSDAQ Rises

Gov'tWhite Paper Acknowledges Poor Leadership during MERS Outbreak

Survey:CJ Cheiljedang Most Preferred Workplace by Students

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

S.Korea's exports tumble 10.2 pct on-year in July

South Korea'sexports fell by more than 10 percent in July, with the rate of declinereturning to double digits after single digits in May and June, the tradeministry said...

S.Korea's current account surplus hits record high in June

South Korea'scurrent account surplus soared to a record high in June as an increased surplusin the goods balance helped offset a widening service account deficit, datashow...

SwimmerPark Tae-hwan arrives in Rio for shot at redemption

South Koreanswimming star Park Tae-hwan arrived in Rio de Janeiro for the Olympics onSunday, hoping for a shot at redemption after a tumultuous build-up to hisfo...

KeyClinton adviser calls for greater contingency planning on N. Korea

The UnitedStates and South Korea should step up planning for potential instability inNorth Korea, a former senior U.S. diplomat and currently a key foreign policyadv...

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

Emailsof Seoul officials hacked by N. Korea: prosecution

Emails ofdozens of South Korean defense and diplomatic officials and journalists havebeen hacked by North Korea this year, and the prosecution is looking intowhether any state secrets have been leaked, the prosecution said Mond...

U.S.Army secretary to visit Korea

U.S. Secretaryof the Army Eric Fanning is due in South Korea on Monday on a trip thatincludes a visit to the U.S. Army unit set to operate the THAAD missile defensesystem to be deployed by the Asian ally.Fanning's three-day tri...

KeyClinton adviser calls for greater contingency planning on N. Korea

The UnitedStates and South Korea should step up planning for potential instability inNorth Korea, a former senior U.S. diplomat and currently a key foreign policyadviser to Democratic presidential nominee Hillary Clinton has sa...

SwissAmbassador retires before National Day

SwissAmbassador JorgAloisReding finished his diplomatic career in late July after 35years of Foreign Service at various departments and overseas missions of theSwiss Confederation. At the embassy reception Tuesday in Seoul, w...

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

Howdo we know that we know? 

Seriousefforts initiated to uncover mysteries of human brain. 

Conflictescalates over EwhaNight College

Around 100students at EwhaWomans University continued their sit-in for the fourthconsecutive da... 

N.Korean general 'defects with $45 million' 

A North KoreanGeneral allegedly fled the repressive state in mid-July with more than $40million... 

Studentdrowns after banana boat passenger knocks him into water 

A collegestudent has drowned after a rider on a water tube being towed by a speedboat -also know... 

DidGoogle drop its 'don't-be-evil' philosophy? 

For Google, amonopoly may not seem inherently evil or wrong. Otherwise, watchers ask why thesear... 

Drunksout of control in sweltering heat 

Korea issuffering from sweltering summer heat and so are police who have to deal withthe drunks. 

N.Korean students study more than counterparts in South 

North Koreanstudents spend more hours studying major subjects - Korean, English, math andscience... 

Freshmenhumiliated and degraded at National University of Singapore 

Students atone of Asia’s top colleges, the National University of Singapore (NUS),subjected fres...

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

Moreparents request for the replacement of a homeroom teacher

As teacherslose power in classroom and students and their parents have increased awarenessabout their rights, more and more req…

Subsidiariesof state-run companies increased in numbers

State-runcompanies have established over 300 subsidiaries for the past six years.Although the government announced that it woul…

Oxyplans to pay up to 350 mil. won in compensation to victims

Oxy ReckittBenckiser has finalized and announced compensation plans that call for paymentof 350 million won (313,000 U.S. dolla…-------------------------------------------------------------------------------------------------------

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

Mercury Soars to 36 Degrees

Temperatures climbed above 36 degrees Celsius in somesouthern parts on Sunday as the record summer continued unabated. Heatadvisories were issued for most parts except the eastern part of GangwonProvince.

Korea Suffers Brain Drain

Academics are turning their back on Korea even as thecountry requires more highly educated workers in the tech sector to keepabreast of the Chinese. The ChosunIlbo and the Biological Research InformationCenter polled 1,005 science and engineering PhD holders and found that 47percent would prefer to work abroad.

Samsung, LG Post Bumper Q2 Earnings

Samsung Electronics' operating profit returned to the W8trillion range in the second quarter of this year as all of its businessdivisions performed well (US$1=W1,126). It was the first time in around twoyears that quarterly operating profit rose above W8 trillion.

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

Businessoffshoring makes a u-turn as the government encourages “reshoring”

Effects ofluring South Korean companies home have so far been limited, with expertspointing to importance of value added production

[Column]Hypocrisy is the essence of the Trump phenomenon

In the publicsphere, hypocrisy is often a necessary evil. As seventeenth-century Frenchauthor La Rochefoucauld wrote, “Hypocrisy is the homage vice pays tovirtue.”Even on a personal level, hypocrisy is significant in the sense that itreinforces the moral standards that society as a whole must uphold.

Toface down corporate chains, independent coffee shops band together

Lee Woo-yong,48, who had been handling business and administrative matters for a Buddhisttemple since his twenties, had chosen not to drink coffee. It had always struckLee as a symbol of the frantic pace of our modern lives.

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

Ewha university students stage 4-day sit-in

Hundreds of students at EwhaWomans University inSeodaemun District, western Seoul, have been occupying one…

Gov’t to examine chaebol owners fortransgressions

Starting today the owners of the country’s leadingconglomerates - including Samsung’s Lee Kun-hee…

Hyundai Motor takes time off to lift economy

Hyundai Motor Group is introducing various programsduring the summer vacation season this month…

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

[Log In] The “Rebellion” of the Chaebol withNo Dreams

Ran (Rebellion), a film by the master Japanese filmdirector Akira Kurosawa, is an adaptation of Shakespeare's King Lear set in 16thcentury Japan during the S···

[Editorial] Hasty Launch of Comfort WomenFoundation: No Reconciliation, No Healing

The Reconciliation and Healing Foundation, a foundationfor the comfort women in the Japanese military, officially launched on July 28.This comes seven months ···

Chief Prosecutor Drives a “Rank-and-File”Prosecutor to His Death: Supreme Prosecutors' Office, 'Not Subject to CriminalPunishment'

Chief prosecutor Kim Dae-hyeon (48), who drove KimHong-yeong, a prosecutor at the Seoul Southern District Prosecutors' Office, totake his own life had resort···

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

Premium Smartphones Back in Fashion

Competition surrounding premium-brand smartphones isexpected to flare up again in the smartphone market which was recently swept bylow- and mid-priced models. Samsung Electronics is set to ignite the premiumcompetition with its latest Galaxy Note 7 model, which will be followed byApple's iPhone...

Hyundai, Kia Motors Top in Terms of DomesticProduction Ratio

Among the world's major auto makers, Hyundai Motor andKia Motors turned out to have the highest domestic production ratio. Accordingto industry sources on July 31, the two Korean car makers produced 7,988,479units in 2015, of which 44.8 percent or 3,556,862 units were produced at home.This dome...

Semicon Equipment and Materials StocksBenefit from Strength of Samsung and SK Hynix

As the pace of DRAM price decline has decelerated and theworld's major chip makers increased their 3D NAND investment, expectations aregrowing about the semiconductor industry's recovery. On July 29, SamsungElectronics and SK Hynix showed strength while semiconductor equipment andmaterials stock...

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

Somefans denounce HyunA's new MV 'How's this?' as too …

HyunA was backas South Korea's iconic K-pop sexy queen with her summer season comeback track"How's this?".In less t…

Pyongyangblamed for hacking emails of South Korean off…

Prosecutors accused North Korean hackers Monday of staginga cyberattack this year on emails of South Korean government officials,researchers…

Samsungchairman couple gets more equities this year: Yo…

Equity assetsowned by Samsung Group Chairman Lee Kun-hee and his wife soared 1.6 trillionwon (1.4 billion US dollars) in the past seven months help…

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

[Global e-shopping]ARDEN BIKE WEAR: targetingthe world-market with its made-in-Korea bike wear

Either to work or as part of one’s leisure time, riding abicycle is not out of the ordinary any more. It is now embedded in one’severyday activities, thus many people are looking for bike wear for

Commission for South Korean Robo-Advisors toBe More Expensive than American Robo-Advisors

It is seen that Robo-Advisors that South Koreanconsulting companies put out have higher commission and higher membership costthan American Robo-Advisors because market is not formed as it is suppose

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

JWPharmaceutical to raise $106.7 million for drug development, financial

South Korea’sJW Pharmaceutical Corp. is expected to raise as much as 120 billion won ($106.7million) to cover the cost of...

AJNetworks expands heavy equipment rental service abroad

Buoyed bysteady overseas growth, AJ Networks Co., a South Korean company that rentslifting devices and IT equipment, plans to...

GSRetail names 2 investment funds to co-own G Square

GS Retail Co.,a retail unit of Korean conglomerate GS Group, has gained speed in the plan tosell spacious shopping center G ...

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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:

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!