The Korean daily media headlines and humor

TheKorean daily media headlines and humor

Wednesday, August 10, 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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Oppositionparties say: “President Park didn’t learn her lesson from the last elections.”

Ruling Saenuri Party taps pro-Park LeeJung-hyun as new chairman

The ruling Saenuri Party tapped Rep. Lee Jung-hyun, whohas won three consecutive terms at the National Assembly, as its new chairman atits national convention in Seoul on Aug. 9, 2016.

This is the first time a conservative party has elected aman from the traditionally opposition-strong Southwestern Jeolla provincialregion as its leader.

Lee won a total of 44,421 votes, defeating Joo Ho-young (ananti-Park lawmaker) who got 31,946 votes. The national convention also tapped fiveSupreme Council members.

Reps. Cho Won-jin, Lee Jang-woo, Kang Seok-ho and ChoiYeon-hye were elected to form the Supreme Council.

Most of the newly elected leaders are considered to bethe loyalists supporting President Park Geun-hye.

Here are media responses from the major Korean-language newspapersthis morning (Aug. 10, 2016):

Chosun Ilbo(independent, conservative):

Can herealty give a shot in the arm of the decliningruling party?

The national convention of the ruling Saenuri Partystarted in a factional competition, and ended in that state.

Newly elected Chairman Lee Jung-hyun is the first rulingconservative party leader who hails from the southwestern Jeolla provincialregion as an elected lawmaker. He was elected three times from his Jeollaprovincial constituency which is a barren region for the ruling camp.

However, Lee’s political career is substantially in his capacityas a secretary of President Park. He is widely known as a right-hand man ofPresident Park.

In fact, four out of the five newly elected members ofthe Supreme Council of the party are classified ‘Pro-Park men.’

Viewing this, it is very doubtful if the people, thevoters, would think that the Saenuri Party has really ‘changed’ after the humiliatingdefeat in the last elections.

On the contrary, there are possibilities that the people,the voters, would say, “Why Saenuri hasn’t learnt a lesson!”

If the Saenuri Party should try to continue to run out ofthe love of the people, there would be no future for the party.

Joong-Ang Ilbo(independent, conservative):

It dependents on pro-Park faction’s ability to give uphegemonism

The conservative party tapped a man from the Jeollaprovincial region as its new leader for the first time in the history ofconservative ruling party. One could attach a special meaning to the new development.Newly elected Chairman Lee Jung-hyun said, “Right from this moment, there willno longer be a ‘pro-Park’ or a ‘non-pro-Park’ faction, but we will all gotogether!”

However, if he wants to honor his statement, he mightneed to carry out sweeping reforms of the party, completely renovating theorganization.

He should try to establish a proper Party-Cheong WaDaerelationship, try to do away with such bad practices as ‘blackmailing relatedwith party nomination’ and other practices that are harmful to the party.

The party should also remember that the intransigent attitudeon the part of President Park brought about the defeat of the party in the lastelections.

Dong-A Ilbo(opposition-oriented independent):

Newly elected Chairman Lee should try to put an end tothe ‘age of eunuch’

The Saenuri Party suffered a humiliating defeat in thelast elections on April 13 because of the Pro-Park hegemonism. Looking at theparty giving its power to four pro-Park leaders out of the total five tells thepeople that the party hasn’t learnt a lesson from the last elections.

If the Saeunuri Party really wants to win the heart ofthe people, it should try to be able to say ‘no’ to such pro-Park leaders asSeo Chung-won and Choi Kyung-hwan?and even to President Park herself, ifnecessary.

Newly elected Chairman Lee declared, “Our party shouldeven be prepared to die to live!”

We trust that to honor his declaration he should try toseek the rebirth of the party establishing the party policies to meet therequirements of the times. Fate of the Park Geun-hye government hinges on howthe new chairman can properly steer the ruling party in the present politicalarena which is controlled by the opposition parties.

Hankyoreh Shinmoon(opposition-oriented):

Worries and requests from a Presidential secretary-turnedparty leader

The leading group of the ruling Saenuri Party, namely theSupreme Council members Cho Won-jin, Lee Jang-woo and Choi Yeon-hye, was formedsubstantially with the pro-Park leaders of the party.

One would call it a ‘Brilliant rebirth of the pro-Park Faction.’

It is true that the choice of the Saenuri Party members,who chose Rep. Lee Hung-hyun as their leader, must be respected.

However, if newly elected Saenuri Chairman Lee reallywants to meet the wishes of the people as well as the party members, he shouldtry to take a resolute attitude toward the President and Cheong WaDae.

Perhaps the first job he should try to tackle might be tosolve the problem of the controversial Chief Secretary Woo Byung-woo of thePresident. It would become the determining factor of his ability to run hisjob. If he really wants the success of the Park government, he should try tolearn correctly what the people really want, and say it to the President?tryingto correct her wrong decisions.

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Time’s running out! Now it’s only three days tothe cool, refreshing East Coast tour! Make your reservation now!!!

And also grab the rarestchance to receive a prestigious Plaque of Appreciation in memory of the Tour

Seen the Korean Government Temperature Map today?

Samcheokand some other areas on the East Coast are the only Cool Zone today spared from the Burning Temperatures of Korea.So use the God-given opportunity to cool off the heat by joining The Korea Post tour of the Gracia Boutique Hotel on the upcoming Saturday. Don’t miss it! You will regret passing it up!

Countdownhas begun to the cool, refreshing tour of the picturesque East Coast city ofSamcheok and the classy deluxe resort hotel, Gracia Boutique Hotel.

Ina rare display of goodwill and friendship for the Excellency and SeniorDiplomats, the host and the city government leaders are presenting theAmbassador (or the deputy) of each country attending the Tour with a prestigiousPlaque of Appreciation, as shown above.

Hereare details of the tour of the Gracia Boutique Hotel:

Invitation to GraciaBoutique Hotel in Gangneung, East Coast to introduce new hotel

ChairpersonYeo Mung-ju of the Gracia Boutique Hotel in the Summer Resort City of Samcheokon the East Coast and the City leaders cordially invites Your Excellency andMadam to the Hotel and the picturesque beach facilities on Saturday 13 August 2016.

Fordetails on the Hotel, please visit: /news/view.html?smode=&skey=Gracia&x=23&y=13&section=162&category=182&no=1254

ChairpersonYeo is building a large, prestigious new deluxe hotel on the East Coast, andwishes to introduce the new hotel and her plan to provide the leaders of thecountries of the world visiting Korea as well as the Ambassadors in Korea withcomplimentary accommodation out of respect for the countries and in a gestureof goodwill and expression of her interest in the promotion of friendship andcooperation between Korea and the countries represented by the Excellencies.

Itineraryof the Tour for the Ambassadors and Madams on Saturday 13 August 2016 is asfollows:

0830 hours, Saturday 13 August 2016:Meet at Grand Hyatt Seoul (near the Water Fountain).

0830-1200 hours: Move from Seoulto Samcheok City, Gangwon Province.

1230-1500 hours: Luncheon hostedby Chairperson Yeo and attended by the local government and civic leaders aswell as the Ambassadors and Madams.

Thevenue is the outdoor Pine Grove, which is the scenic location site of thefamous movie, Where the Six Dragons Flew into the Sky.

Therewill be Idol Troupe performances as well as welcome ceremonies and presentationof memorial gifts.

1600-1700 hours: Introduction tothe complimentary use of the facilities of the new Hotel by the Ambassadors andtheir Families.

1700-2030 hours: Arrive back atGrand Hyatt 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:_____.

Forattendance, Excellencies (and deputies) please call Chairman Lee of The KoreaPost at cellphone 010-5201-1740.

Special Note: Excellencies who cannot make it on that day could berepresented by their spouse or a second-in-command.

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Other tours:-

1. Samsung Electronics, LG Electronics and 5^th Navy Headquarters as well as Pyeongtaek City on the West Coast on Wednesday 17 August 2016.(Invitation has alreadybeen transmitted to Your Excellency.)

2. Korea Institute of Civil Engineering and Building Technology on Friday 19 August 2016.

(Invitationhas already been transmitted to Your Excellency.)

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

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

Gov't,Ruling Party Agree on 3-4% Increase in Next Year's Budget

The governmentand the ruling Saenuri Party have agreed in principle on a three to fourpercent increase in the country's budget for next...

KOSPICloses at Yearly High on Tuesday 

The benchmarkKorea Composite Stock Price Index(KOSPI) surged on Tuesday thanks to foreignand institutional buying, setting a new record for the...

LeeJung-hyun Elected Saenuri's New Chairman

Gov't,Ruling Party Agree on 3-4% Increase in Next Year's Budget

KOSPICloses at Yearly High on Tuesday

Parklashes out at THAAD Opponents at Convention

Gov'tPresses Opposition Parties to Pass Extra Budget

TheMinjoo to Handle Extra Budget Plan Within This Month

S.Korea to Deploy Taurus Missiles against N. Korean Facilities 

S.Korea-Japan Director-level Talks Held in Seoul

PMUrges National Unity in Addressing THAAD Issue

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

N.Korea calls for resumption of bilateral cooperation with Angola: U.N. report

North Koreaappealed to Angola earlier this year to resume their negotiations on bilateralcooperation which have been put on hold for the last 11 years, the Africancountr...

BMWKorea to recall nearly 12,000 cars in S. Korea for defective baby seat latch

BMW Korea, thelocal importer and distributor of the luxury German brand, will recall nearly12,000 BMW cars sold here for a faulty baby seat latch that might break under re...

S.Korea offers citizenship to freedom fighters' descendants

South Korea'sgovernment said Wednesday it has offered citizenship to 38 descendants of 10independence fighters who fought against Japanese colonial rule in the earlypart...

Weightlifterwins N. Korea's 2nd medal in Rio

WeightlifterChoeHyo-sim won North Korea's second medal at the Rio de Janeiro Olympics onTuesday.

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

Koreawon’t change electricity charging scheme

South Korea’sMinistry of Trade, Industry and Energy said Tuesday that it is not consideringc...

Koreareels from shock Rio defeats

Monday wasbarren day for South Korea at the Rio de Janeiro Olympics, with a handful ofmedal c...

Planto install government app on Galaxy Note 7 faces backlash

A plan bySamsung Electronics to add a mobile application created and distributed by theKorean...

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

Futureof China-NK relations 

Most Westernexperts describe China's North Korea policy as a failure. If that is the case,China...

Howto resolve THAAD dispute with China 

To resolve agrowing diplomatic row with Beijing over the planned deployment of a TerminalHigh Al...

Unification'to cut S. Koreans' income by 30% for decade' 

If the twoKoreas are reunified, South Koreans’ per capita income could fall by up to 30percent for 10 years, a study showed Monday. 

SouthKorea empty-handed on day 3 of Rio Olympics 

South Koreawon no medals on day three of the Rio de Janeiro Olympics as several medalcontenders ...  Support made S. Koreanarchers strong

Taurusmissiles to be deployed soon 

The Tauruslong-range cruise missiles for the Air Force’s F-15K fleet will enter servicewithin tw...

Olympicbroadcasters hit for sexist remarks 

TVbroadcasters for the Rio Olympics have been making reckless sexist remarksabout female athletes, raising viewers’ eyebrows.

C-storesthe biggest beneficiaries of Olympics 

Whichbusinesses enjoy the biggest benefits when mega sports events, such as theOlympics and World Cup soccer finals, take place? 

Rio2016: Usain Bolt says Rio is his last Olympics 

Jamaicansprinter Usain Bolt confirmed that the Rio Olympics will be his last.

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

'Sanctionsagainst S. Korea would be inevitable,' says Chinese daily

A Chinese newsoutlet strongly warned on Tuesday that the sanctions against South Korea havealready started and the THAAD deploy…

MoonJae-in implies a subtle change in position over THAAD

“Thegovernment should make all-out efforts to convince China and prevent a worsenedbilateral relationship, even if the THAAD be…

Researcherssucceed in expanding capacity of EV batteries by 45%

Batteries forelectric vehicles have been developed by Korean researchers

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

Chinese Smartphone Makers Threaten Samsung

China's Huawei will unveil its flagship new smartphone,the Honor 8, and a bigger version, the Honor Note 8, in San Francisco on Aug.16.

Best Way to Get Most Health Benefits fromOmija

Omija, or red Korean berries, are said to contain fivedifferent flavors -- sour, sweet, spicy, bitter and salty. They are harvestedin August and September, and are made into a concentrate or dried.

Korea to Get Prime View of Meteor Shower

This Friday's meteor shower will light up the skies overKorea if the weather permits.

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

[Analysis]Flailing under criticism, Pres. Park calls THAAD opponents “pro-North Korea”

Park andruling party also harshly critical of opposition lawmakers’ visit to China todiscuss THAAD issue

Chinesemedia calls South Korean official’s criticism “brazen”

Chinese mediafired back on Aug. 8 over a Blue House senior secretary’s description of theircriticisms of the planned deployment of a Terminal High Altitude Area Defense(THAAD) system as “getting things backward,” calling the remarks “brazen.”

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

Park ally elected Saenuri leader

Rep. Lee Jung-hyun, a close ally of President ParkGeun-hye, was elected chairman of the ruling Saenuri Party…

Electricity use spikes as Korea heat wavepersists

As a heat wave continues to choke Korea, dailyelectricity consumption has broken records four times…

China sensitive about missiles in itsnortheast

China is maintaining ballistic missile bases in itsnortheastern territories, all equipped with missiles capable…

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

[After the THAAD Decision: Debate Heats Up]President Park Opts to "Divide Sides" to Overcome THAAD Crisis

During a meeting of Cheong WaDae senior secretaries onAugust 8, President Park Geun-hye openly condemned the opposition lawmakersopposing the placement of th···

"Dog Meat Debate" Resurfaces Duringthe Olympics

Ki Bo-bae, who won a gold medal in the female archeryteam event at the Olympics in Rio de Janeiro, was condemned on a social networkservices (SNS) site becaus···

'Government Should Not Cancel Youth AllowanceProject' District Heads in Seoul Oppose Government Position

The heads of gush, local districts in Seoul are opposingthe central government's latest move to withdraw the city's Youth ActivitiesSupport Project (Youth Al···

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

Korea's Diplomacy Inadequate to Deal withAmerica's Protectionism

The wave of U.S.-originated trade protectionism issweeping Korean shores. As the current Obama Administration is imposing aseries of punitive tariffs on Korean exporters in the form of anti-dumping andcountervailing duties, Presidential candidates from both parties advocaterenegotiation or funda... 

Every 1% Increase in Population Aging RatioWould Shrink GDP by 0.97%...Study

A study said Korea's gross domestic products would shrink8 percent by 2026 from those of 2014 due to the aging population. The KoreaEconomic Research Institute said this in a research report titled"Estimates on Employment Ratio to Encourage Economic Growth in the AgingSociety" on August 9.The re...

Incheon and Gwangyang Port Vie for No. 2 Spot

Incheon Port and Gwangyang Port are vying fiercely tograb the No. 2 spot among Korea’s major container ports. According to theYeosu/Gwangyang Port Authority and the Incheon Port Authority on August 8,Incheon Port handled 1.24 million TEUs (twenty-foot equivalent units) of exportand import conta...

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

(Oly)Park Sang-young wins gold in epee fencing

South Koreanfencer Park Sang-young won gold in the men's individual epee at the Rio deJaneiro Olympics, powered by a furious comeback tha…

HyundaiHeavy wins Greek order to build two large crude

Hyundai HeavyIndustries, the world's largest shipyard, has secured an order from a Greekshipping company to build two very large crude c…

SouthKorea to get air-launched Taurus cruise missiles

South Koreawill be the first Asian country to bring in Taurus, a powerful air-launchedcruise missile that enables jet fighters to make a pre…

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

ARDEN BIKE WEAR: targeting the world-marketwith 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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Maeil BusinessNews Korea (http://www.pulsenews.co.kr/ )

Shortselling on Hyundai Merchant Marine causes big loss to retail investors

The shareprice of Hyundai Merchant Marine Co. (HMM), the country’s second-largestcontainer carrier, halved in the past one month after the company issued newshares and announced to...

SamsungElec reportedly seeks govt support to promote auto component biz

South Korea’stech giant Samsung Electronics Co. that is going all-out to promote theautomotive business as one of its ...

S.Korea’s Dong Hwan develops bug-repellent fabric Bug Guard

South Korea’stextile processing company Dong Hwan Co. has developed mosquito and insectrepellent fabrics for the first time ...

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Sendyour news releases and feedback:

Invitation to Samsung Semiconductor, LG Electronics, 2nd ROKNavy Headquarters and Pyeongtaek 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 inspect the production facilities of the Samsung SemiconductorPlant in Go-deok.

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).

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

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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