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The Korean daily media headlines and humorApril 7, 2016

The Korean daily media headlines and humor

Thursday, April 7, 2016

Your Excellency:

Here are The Korea Post notices and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today:

/s/

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

P.S.: 1. To see the desired site, press down the Control key and click the blue URL of the media.

2. If received by a person other than the intended recipient, please kindly convey the mail to His/Her Excellency.

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

His personal mobile phone number is 010-5201-1740.

Chairman Lee has a lot of up-to-minute hot information to be shared with Your Excellency. Do your esteemed country a favor and bring the two great countries closer together using Chairman Lee Kyung-sik of The Korea Post, who owns and 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 great country!

Many ambassadors are already Kakaotalk news sharers with Chairman Lee!

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Invitation to the DagjinGijisi Tug-of-War Festival (UNSESCO Cultural Heritage)

Your Excellency:

Finally, it is tomorrow at last!

The scheduled visit to the Hyundai Steel during the Tour of the DangjinGijisi Tug-of-War Festival has been replaced with a tour of the JW Pharmaceutical Corporation nearby due to the emergency schedule change of Hyundai Steel. The JW Pharmaceutical Corporation (http://www.jw-pharma.co.kr/pharma/en/intro/pharma.) is one of the jJ is one of the leading pharmaceutical companies in Korea and the tour would be as important as to Hyundai. Furthermore, many Excellencies have already visited Hyundai and this time the change might not be that amiss due to the importance of the pharmaceutical company.

Finally it is tomorrow, the important tour of Dangjinand the CW Pharmaceutical Company for the Excellencies and Madams on April 8, 2016. See what CW Pharma and Dangjin have for the promotion of prosperity of your country through economic-industrial-tourism cooperation!

1. Meet, have luncheon with the CEO and leaders of CW Pharmaceutical, explore business opportunities with your country.

2. Have hands-on experience in the 600-year-old traditional Korean game of Tug-of-War.

3. It is UNESCO Cultural Heritage.

A partial view of the JW Pharmaceutical Co., Ltd.

Dangjin plant facilities of JW Pham.

I am pleased to inform Your Excellency that Mayor Kim Hong-jang of the Dangin City cordially invites Your Excellency and Madam to theDangjinGijisi Tug-of-War Festival (UNESCO Cultural Heritage) on Friday April 8, 2016.The Korea Post organizes the tour at the invitation of Mayor Kim, which also includes a visit to the famed Hyundai Steel Mill.

/news/view.html?smode=&skey=tug-of-war&x=11&y=9&section=165&category=191&no=912

Here is the interesting schedule:

0820 hours Friday April 8, 2016: Meet at Grqand Hyatt Seoul(near Water Fountain).

0830-1100 hours: Move by Limousine Bus to Dangjin by picturesque West Coast Expressway, visiting the Hyundai Steel Plant on the way to Dangjin.

1100-1140 hours: Visit the Gijisi Tug-of-War Museum.

1200-1340 hours: Luncheon at the Dangjin Buffet Restaurant hosted by Major and Mrs. Kim Hong-jang of the Dangjin City with the Management of the JW Pharmaceutical Company and tour the JW Pharma facilities.

1400-1420 hours: Wear traditional Korean costumes of the King, General and Court ladies.

1430-1640 hours: Have hands-on experience in various local cultural events, including participation in the Gijisi Tug-of-War and Rice wine- and Sake-making.

1700-1830 hours: Move back to  Seoul arriving at Grand Hayatt Seoul by 6:30 p.m.

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

The Korea Post phones: 2298-1745 or 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 will attend alone_______.

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

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

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Special Notices:

Send your latest Embassy news releases toThe Korea Post for publication

Your Excellency:

Please transmit your latest press release(s) to edt@koreapost.com or korpost@chol.com for publication by the five media outlets of The Korea Post, including the Korean-language Internet newspaper (www.koreapost.co.kr), English website (www.koreapost.com) and the Korean-language newspaper (http://pdf.koreapost.co.kr/13/1301.pdf).

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman of The Korea Post

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A quick roundup of major news stories from Korean media:

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

N. Korea Ready to Conduct 5th Nuclear Test

Seoul's Defense Minister Han Min-koo says North Korea is ready to conduct a fifth nuclear test any time at the order of its young leader Kim Jong-un.

In a joint interview with Defense Ministry correspondents on Wednesday, Minister Han said that the South Korean military is closely observing North Korea's nuclear test tunnels where another test appears to be possible any time.

Samsung's Q1 Operating Profit Up 7 Percent

S. Korea-China Private Biz Forum to Open in Seoul

Vice Trade Minister: S. Korea, Mexico Ready to Discuss High-level Free Trade Deal

N. Korea Halts GPS Jamming

VOA: N. Korea's Overseas Restaurants Used for Espionage

N. Korean Media Threatens Attack on S. Korean Agencies Through Video

China Announces Import Ban List of N. Korean Minerals

Japan's Diplomatic Paper to Repeat Claim to Dokdo

US Think Tank: N. Korea May Have Started Nuclear Reprocessing for Plutonium

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

Stock funds from tax havens top 2.7 tln won

Foreign stock investment funds from international tax havens have exceeded 2.7 trillion won (US$2.34 billion), accounting for more than 6 percent of foreign ownership of South Korean shares, data showed Thursday.

Kia Motors expected to launch Mexico plant as planned: sources

Kia Motors Corp., South Korea's second-ranked carmaker, is expected to start operations at its plant in Mexico as planned amid reports that negotiations over the local government's promised incentives seem to be making some headway, industry watchers said Thursday.

N. Korea recently opens hospital in Tanzania: RFA

North Korea has recently opened a hospital in Tanzania and since been striving to boost earnings apparently to make up for its foreign income squeezed by international sanctions, a media report said Thursday.

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The Korea Herald (http://www.koreaherald.com)

Parties look to swing voters as game changers

Although polling day is just around the corner, neither the ruling party nor the opposition camp seem to have a firm gra...

Samsung Electronics' Q1 earnings beat forecast

Korean tech giant Samsung Electronics said Thursday its first-quarter operating profit is estim...

Racism prevalent in migrant education

When Alaina Yildiz started taking her Korean language class at a state-run institute in Busan i...

Kakao in chaebol dilemma

In July last year, when President Park Geun-hye invited 17 business leaders to Cheong Wa Dae fo...

U.S. OKs Celltrion's Remicade biosimilar

The U.S. Food and Drug Administration approved Korean biopharma company Celltrion’s Remicade (infliximab...

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The Korea Times (http://www.koreatimes.co.kr)

'English language media is a messenger to the world' 

English-language media in Korea have a distinct and critical role to play in Korea, according to a... 

Maimed soldier takes on cyber warfare against N. Korea 

Staff Sgt. Kim Jung-won was on patrol when he stepped on a landmine last August that North Korean ...

N. Korea halts GPS jamming 

South Korea's ICT ministry said North Korea's disruptions of Global Positioning System (GPS) signals, which started last week, stopped as of Wednesday, althou...

Parties' minimum wage promises lacking sincerity 

Rival parties are pledging to raise minimum wages ahead of the April 13 general election, but their hastily arranged campaign promises are drawing skepticism. 

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

N. Korea likely to deploy new rocket launchers this year: S. Korean defense chief

South Korea’s Defense Minister Han Min-koo said Wednesday that North Korea will likely be able to deploy within this year new mul…

Samsung cuts price for GalaxyS6 in response to LG's new phone

Samsung Electronics on Wednesday cut the sales price of GalaxyS6 around 100,000 won (86.2 U.S. dollars) for all three mobile tele…

KBO expects over 8.6 million spectators this year

8,683,433 is the Korea Baseball Organization (KBO)'s target number of spectators for this season. The number is about 1.3 million…

Is the ruling party’s intended exaggeration?

“It’s really tough. It’s extremely difficult in the Seoul metropolitan area.”Lee Gun-hyun, a co-group head of the election ca…

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

Japanese Diplomatic Report Notes Better Ties with Korea

Japan's Foreign Ministry has prepared a draft of its 2016 Diplomatic Bluebook that notes improving relations with Korea, the Asahi Shimbun reported Wednesday. The Diplomatic Bluebook has been published every year since 1957. >> Full Text

Cannot Be Allowed to Build Nuclear Warheads

The government is determined to outlaw poppers after a rise in use on the local dance club scene. The Korea Food and Drug Administration said Wednesday that isobutyl nitrite is now classified as an addictive substance. >> Full Text

Chinese Contractor to Build Jeju's Tallest High riser

A Chinese construction firm will build a 38-story resort complex in Jeju, which though not exceptionally high would be the island's tallest structure. It is the first time a Chinese contractor is building a big project in Korea. >> Full Text

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

China issues official list of North Korea embargo products

Despite China’s pledges, questions remain over to what extent UN sanctions on North Korea will be enforced

The Chinese government issued an official document on Apr. 5 listing specific embargo targets following the United Nation Security Council’s Mar. 2 passage of Resolution 2270 sanctioning North Korea for its recent nuclear test and rocket launch. It is the first detailed list offered by Beijing since the resolution’s passage.

Three big keywords ahead of Apr. general election

Depending on the outcome, there could be three groups in or ruling Saenuri Party could solidify control With multiple opposition parties going up against the ruling party in the Apr. 13 general elections, the main issue is shaping up to be the economy. Now that the alignment and issues have come into focus, the forces likely to shape the post-election landscape are becoming apparent. The developments to watch can be summed up in the three keywords below.

US official reiterates conditions for resuming Six Party Talks

A US government official said that the conditions for resuming the Six Party Talks are for North Korea to freeze all of its nuclear activity and allow inspections by the International Atomic Energy Agency (IAEA).The remarks appear to come in response to a statement by the spokesperson of North Korea’s National Defense Commission on Apr. 3 that “the fundamental solution is not rash military pressure but rather setting up negotiations.”

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

Samsung patents contact lenses with a camera

Samsung Electronics was granted a patent for contact lenses with a built-in camera for augmented reality in 2014…

Beijing implements UN sanctions

The Chinese government announced measures to ban imports of North Korea’s coal and iron Tuesday…

Celltrion’s biosimilar is accepted by FDA in U.S.

Biopharmaceutical company Celltrion obtained permission to market its biosimilar product Inflectra in the U.S…

Chinese group set to be 5th-largest insurer

Chinese finance group Anbang Insurance is set to take over the Korean operation of Allianz Life Insurance…

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

Actresses Are Thirsty for Diverse Roles

Actresses who have disappeared from the silver screen are heading toward television. But the overall presence of actresses and the diversity of video culture···

Government Introduced Supplementary Budget Without Raising Taxes: Ended up with More Debt and No Economic Recovery

The consolidated budget, which had maintained a constant surplus since 2010, has fallen into deficit for the first time in six years. The Park Geun-hye governme···

[Panama-Based Law Firm's Document of Tax Havens] Roh Jae-heon Established Paper Companies During Divorce Trial: Was He Trying to Hide Roh Tae-woo's Slush Funds?

The British Virgin Islands where Roh Jae-heon, the eldest son of former President Roh Tae-woo, established three paper companies, is also where Chun Jae-guk, th···

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The Korea Economic Daily (http://english.hankyung.com/)

Financial Services Commission to Announce Plan to Nurture Super-sized Investment Banks

The Financial Services Commission will come up with a plan to foster large-scale investment banks before the end of the first half. This is intended to consolidation of securities firms by encouraging them to merge with each other just like the newly launched Mirae Asset-Daewoo Securities. If the pl...

[Market Insight] 9 Bidders Submit Applications to Acquire Dongbu Corp.

In a race to acquire Dongbu Corp., a Dongbu Group construction company currently under a workout program, as many as nine medium-sized construction firms have submitted applications. According to investment banking industry sources on April 6, Samil PricewaterhouseCoopers and Hyundai Securities, lea...

Celltrion Shares Down 7% Despite News of Remsima's U.S. Sale Approval

Despite the news that "Remsima," a biosimilar drug for rheumatoid arthritis developed by Celltrion, won approval for sale in the United States, its stock price fell by a large margin. This is because investors sold the shares in profit-taking moves thinking that the news had already been priced in. ...

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AJU Business Daily(http://eng.ajunews.com/korea)

New North Korean weapon ready for deployment this year: minister

[Mock-up missiles displayed at Seoul's war museum[Photo by Namkung Jin-woong] ?? North Korea has completed the development of a new multiple launch rocket launcher with a range of up to 20

British banker behind North Korean front company in tax haven

?North Korea was found to have managed a secret fund for arms trade and development by using a British banker to set up a secret offshore paper company in a tax haven,…

Pyongyang suspected of producing plutonium for atomic bombs: ISIS

[Courtesy of Xinhua News] North Korea could have acquired plutonium at its main nuclear complex, enough to produce one to three atomic bombs, since a five-megawatt reactor was reactivated in mi…

'Suspicious' activity at North Korea's nuclear complex

[Screenshot image captured from 38North.org] ? Recent satellite images have shown "suspicious activity" at North Korea's nuclear site which could mean reprocessing is under way to produce

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

300 G5s Were Sold Out in Just One Hour on Auction

Auction made an announcement on the 5th that LG Electronics¡? second supply of 300 G5s was sold out in just one hour. After its first supply of 300 G5...

North Korea Targets South Korean Aircrafts by Disturbing GPS

There is an analysis that says that North Korea had caused disturbance to radio signals of GPS to confuse navigation system of aircrafts. Because aircrafts can receive ...

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

S. Korea’s Asiana Airlines’ Q1 profit likely to have jumped 44 % thanks to

South Korea’s smaller full-service carrier Asiana Airlines Inc. is likely to have bottomed out from its worst-ever year in 2015 ...

Risk-based capital ratio of Korean insurers falling amid poorer business

The risk-based capital (RBC), the minimum required liquid reserves for financial institution, at South Korean insurers has been ...

Korea’s fashion group E-land aspires IPO in China by 2020

South Korea’s fashion conglomerate E-land Group said on Wednesday that it will seek to place pre-initial public offering (IPO) ...

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The Korea Post is at your service.

The Korea Post is 31 years old this year and has 5 media units. They are all at your service.

The Korea Post, established 31 years ago in 1985, operates five news media outlets, two in the Korean language and three in English. They are all at your service. You can email all your English and Korean press releases and feedback for free publication to edt@koreapost.comor korpost@chol.com. The five media outlets are:

(1) A Korean print newspaper (http://www.koreapost.co.kr/pdf/list.php),

(2) A Korean Internet (www.koreapost.co.kr),

(3) An English Internet (www.koreapost.com),

(4) An English print monthly (http://koreapost.koreafree.co.kr/magazine/index.html), and

(5) An English e-daily (/rankup_module/rankup_notice/notice_list.html)

Send your news releases and feedback:

Send the Embassy news releases to edt@koreapost.comfor publication 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 for further details.)

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