August 16, 2016

TheKorean daily media headlines and humor

Tuesday, August 16, 2016

Your Excellency:

Here are The KoreaPost notices and aroundup 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 research facility of KICT snuglynestled in a pollution-free area of Ilsan northwest of Seoul. VisitingExcellencies and other senior diplomats are also invited to a tour of thisfacility, cradle of advanced science and technology in Korea.

After 3 consecutive holidays, there are only 3 days left to theTour of the Korea Institute of Civil Engineering & Building Technologyon the northwestern outskirts of Seoul on the upcoming Friday of August 19th! Here is re-run of the Invitation:

Invitation to the Korea Institute of Civil Engineering andBuilding Technology in Seoul

Iam pleased to inform Your Excellency that President Tai-sik Lee of the KoreaInstitute of Civil Engineering & 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 the water fountain which you see on the right-hand side as you enter).

0830-0920 hours: Move byLimousine Buses to the Head Office of the Korea Institute of Civil Engineering &Building Technology in Ilsan northwest of Seoul.

0920 hours: The visitingExcellenciesand Madams to be welcomed at the Entrance Hall.

0930-1120 hours: Introduction ofvisiting Excellencies and Madams and also the leaders of KICT. Welcome remarks,presentation of Plaque of Appreciation to the KICT president and memorial giftsto 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 GrandHyatt 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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Aquick roundup of major news stories from the Korean news media today:

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

ParkCalls on N. Korea to Take Part in Era of Reunification

President ParkGeun-hye called on North Korea to join a new era of reunification on the KoreanPeninsula where fear of nuclear attacks and war...

S.Korea to Use US Military GPS Technology on its Guided Bombs 

South Koreawill be able to use the United States military global positioning system (GPS)technology to better counter the threats of

Rulingand Opposition Lawmakers Visit Dokdo Islets 

ParkCalls on N.Korea to Take Part in Era of Reunification

S.Korea to Use US Military GPS Technology on its Guided Bombs

ParkCongratulates Medalists in Archery, Shooting

BipartisanLawmakers to Visit Dokdo for Independence Day

SaenuriFloor Leader Proposes Public Sector Wage Freeze to Opp. Camp

Park:No Compromise, Concession in Defending Nation

DefenseMinister Han to Visit Seongju Next Week

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

(Olympics)Top-ranked men's badminton duo shocked in quarters

The No.1-ranked men's badminton duo of Lee Yong-dae and Yoo Yeon-seong suffered ashocking defeat in the quarterfinals at the Rio de Janeiro Olympics on Monday.

S.Korean star makes hole-in-one in practice  

South Koreanstar Park In-bee made a hole-in-one during Monday's practice round for the Riode Janeiro Olympic women's golf tournament.

'OperationChromite' ranks 27th at U.S. box office

A South Koreanfilm about the Korean War ranked 27th at the U.S. box office after the firsttwo days of its release, data showed.

Groupof S. Korean lawmakers visits Dokdo 

A group ofSouth Korean lawmakers from the ruling and opposition parties visited theircountry's easternmost islets of Dokdo on Monday as the nation celebrated the71st a...

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

[DECODED]Hanwha beefs up under Kim Seung-youn

When HanwhaGroup announced in late 2014 a 1.9 trillion won ($1.72 billion) deal to buyfour as...

[FEATURE]DNA test reunites adoptee with birth mother

Kyung EunDavidson’s earliest memories are of missing her birth mother. Born in 1983 inSouth ...

Lawmakersvisit Dokdo on Liberation Day

Lawmakers frommajor parties visited Korea’s easternmost Dokdo Islets on Monday to mark the71...

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

Rio2016: Athletes learn how to enjoy Olympic Games 

The RioOlympics are not just a battlefield for medalists. Young Korean athletes haveseemed to le... 

Rio2016: What a 'Rio'mantic Olympics 

At the MariaLenk Aquatics Centre in Rio de Janeiro, Monday, a man in a Chinese team uniformmoved...

'Luxurymeal' at Cheong Wa Dae creates public anger 

Criticism hasbeen rising over the luxury luncheon President Park Geun-hye and the newleaders of the ruling Saenuri Party, including Chairman Lee Jung-hyun, ... 

Independencefighter's son helps neighbors 

The son of anindependence fighter has helped his neighbors in need for several years at theBangs...

Lawmakersmarks liberation on Dokdo 

Ten lawmakersfrom the ruling and opposition parties visited the country’s easternmost isletsof Dokdo on the occasion of the 71st anniversary of Liberation D... 

Birthof next Internet giant 

By Chris Khangmost people believe that the thousands of events we manage over the course of ayea... 

Chickhatches above fridge 

Believe it ornot, amid the burning heat of August, a chick hatched from an egg left untouchedin ... 

Rio2016: S. Korea may lose to Japan in medal standings 

South Koreamay lose to Japan in the Olympics medal standings for the first time since the2004 At... 

Rio2016: S. Korea fails to win Olympic golf medal 

South Koreanmale golfers failed to claim a medal at the 2016 Rio Olympic golf tournamentSunday.

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

Abeavoids wartime reflection despite Japanese emperor's remorse

On Mondaynoon, Japanese Emperor Akihito observed a moment of silence and delivered hisremarks at a memorial ceremony for Japan'…

Boltwins 3rd straight Olympic gold medal in 100-meter dash

Usain Bolt ofJamaica has won his third straight gold medal in men’s 100-meter dash at theRio Olympics, an achievement that is u…

Musicalfestival to be held at a Gyeonggi island early next month

The 2016 ZaraMusical Festival, Korea's first outdoor musical festival, will be held at JaraIsland of Gapyeong County, Gyeonggi …

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

10 Out of 15 Korean Exports Hit byProtectionist Trends

Ten out of 15 Korean export products are suffering fromgrowing vigilance in foreign countries against any signs of dumping.

Liquor Advertisers Revert to Star Formula

Booze advertisers are increasingly reverting to the triedand tested formula of hiring stars to pitch their products as governmentrestrictions bite.

Young Koreans Embrace Dating Apps

Quick hookup smartphone apps are conquering once-prudishKorea. There are more than 200 Korean-language hookup apps available on GooglePlay, and millions of people use them.

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

[Newsanalysis] Second “seal” on comfort women issue is S. Korea’s diplomatic defeat

The issue offormer sex slaves for imperial Japan is defining moment for the South Koreangovernment’s diplomacy

Likekings among peasants: Saenuri leadership feasts on truffles and caviar

"Even thekings of the Joseon Dynasty would have fewer side dishes served on the royaltable when the people were suffering from a famine

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

Koreans’ hours are long, but pay’s not sohigh

Koreans work the second longest hours of all OECDcountries, and their incomes are lower than many nationalities…

Heat wave drives hundreds to local hospitals

As an August heat wave burns on, 520 people got sick lastweek, a record number of patients suffering…

Residential market fell outside Seoul lastmonth

Residential real estate transactions droppedsignificantly in July from the previous year…

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

[Comments on Current Affairs] The President'sGift of an Orchid

What is the Saenuri Party to the"conservatives" in this country? Ideology has never been popular, butcan we believe that the Saenuri Party represents the co···

[Graduated Rates for Electricity] AirConditioners in Homes End up as Today's 'Dried Croaker': 'We Just Stare at It,Too Scared of the Electricity Bill'

"I wish I could be hot for just four hours aday." "In South Korea, an air conditioner is the modern day 'driedcroaker' that you just install and look at ···

[Conflicts Surrounding Seoul's YouthAllowance] Citizens fight back Government Criticism of Youth Allowance on SNS:Welfare Ministry Facing Backlash

The Ministry of Health and Welfare created "CardNews" to announce its opposition to Seoul's Youth Activities SupportProject (Youth Allowance). In it, the m···

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

LGGroup Bets Heavy on Vietnam

LG Electronicsis putting all its production plants scattered across Asia including China andIndonesia into a single location of Haiphong in the north of Vietnam. This is astrategic measure to shake off Chinese rivals by strengthening its pricecompetitiveness as well as technical superiority in a...

NewBidder Jumps into PCA Life Deal

ExcelsiorCapital, a Hong Kong-based private equity firm, has shown its intention to takepart in the bidding war to acquire PCA Life Insurance only three days afterMirae Asset Life was shortlisted as the final bidder. Given PCA Life hasstrengths in variable insurance which is not vulnerable to th...

HowHigh SK Gas Stock Price Can Climb?

It remains tobe seen whether the stock price of SK Gas, Korea's major liquefied natural gasimporter, will continue to be strong in the second half after a big improvementin the first half. On August 12, SK Gas shares were closed at 87,700 won, down1.24 percent from the previous day. The company'...

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

SouthKorea agrees to help 'smart' city construction in…

South Koreawill use cutting-edge information and automation technologies to help build ahighly efficient an…

Twoindicted for helping Pyongyang's tire transaction: …

Stateprosecutors have indicted two South Koreans on charges of aiding North Koreanoperatives who attempted to smuggle a large number of secon…

(Oly)Top-ranked men's badminton duo shocked in quarter…

The No.1-ranked men's badminton duo of Lee Yong-dae and Yoo Yeon-seong suffered ashocking defeat in the quarterfinals at the Rio de Jane…

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

SamsungBioLogics kicks off its IPO process in Seoul

SamsungBioLogics, the biopharmaceutical business arm of Samsung Group, has kicked offthe process of going public, the...

SKorea seeks first smart city export to Kuwait

The South SaadAl Abdullah New City, a planned city to be jointly built by South Korea andKuwait in the Middle Eastern country...

Stockvalue of S. Korean rich largely increases

With SouthKorea’s main bourse Korean Composite Stock Price Index (Kospi) hitting a recordhigh in the year, the Korean rich...

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