June 1, 2016

The Korean daily media headlines and humor

Wendesday, June 1, 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:

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman

Korea Post Media

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Humor from a kind-hearted former ambassador from Central Asia

For our readers who might have missed the juicy humor, here is re-run:

Daddy's car in the woods?

Little Johnny watched his Daddy's' car pass by the school playground and go into the woods.

Curious, he followed the car a and saw Daddy and Aunt Jane in a passionate embrace.
Little Johnny found this so exciting that he could hardly contain himself as he ran home and started to tell his mother.

“Mom, I was at the playground and I saw Daddy's car go into the woods with Aunt Jane. I went back to look and he was giving Aunt Jane a big kiss, and then he helped her take off her shirt. Then Aunt Jane helped Daddy take his pants off, then Aunt Jane kiss...

At this point Mommy cut him off and said, “Johnny, this is such an interesting story, suppose you save the rest of it for supper time. I want to see the look on Daddy's face when you tell it tonight.”
At the dinner table that evening, Mommy asked little Johnny to tell his story.

Johnny started his story, “I was at the playground and I saw my Daddy's car go into the woods with Aunt Jane. I went back to look and he was giving Aunt Jane a big kiss, then he helped her take off her shirt. Then Aunt Jane helped daddy take his pants off, then Aunt Jane and Daddy started doing the same thing that Mommy and Uncle Bill used to do when Daddy was in the Army.”

Mommy fainted!

*Moral: Sometimes you need to listen to the whole story before you interrupt!

Nagging wire

An older, tired-looking dog wandered into my yard.

I could tell from his collar and well-fed belly that he had a home and was well taken care of.

He calmly came over to me, I gave him a few pats on his head. He then followed me into my house, slowly walked down the hall, curled up in the corner and fell asleep.

An hour later, he went to the door, and I let him out.

The next day he was back, greeted me in my yard, walked inside and resumed his spot in the hall and again slept for about an hour.

This continued off and on for several weeks.

Curious I pinned a note to his collar: “I would like to find out who the owner of this wonderful sweet dog is and ask if you are aware that almost every afternoon your dog comes to my house for a nap.”

The next day he arrived for his nap, with a different note pinned to his collar:
“He lives in a home, with my non-stop chatting and nagging wife and six children, he's trying to catch up on his sleep... Can I come with him tomorrow? Thanks

How to talk to wife
Talk to mother - lovingly
Talk to father - respectfully
Talk to brothers - heartfully
Talk to sisters -affectionately
Talk to children - enthusiastically
Talk to relatives - empathetically
Talk to friends - jovially
Talk to officials - politely
Talk to vendors - strictly
Talk to customers - honestly
Talk to workers - courteously
Talk to politicians - carefully
Talk to God - silently
Talk to wife - No no.
Keep quiet and listen only!!!
No other OPTION!!!

Editor’s note: Thank you, Excellency for the wonderful humor. I am only hoping that more Excellecencies would kindly share their humor with their incumbent and former colleagues. Send your humor to edt@koreapost for sharing with your incumbent and former colleagues.

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A quick roundup of major news stories from the Korean media today:

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

'N. Korean Vice Chairman Ri to Meet Chinese President'

North Korean ruling Workers' Party Vice Chairman Ri Su-yong is expected to meet Chinese President Xi Jinping in Beijing on Wednesday.

S. Korea's Exports Decline at Slowest Pace in 6 Months

South Korea’s record-long decline in exports extended by another month in May, but the fall became less bleak.

N. Korean Nuclear Issue Key Agenda at US-China Strategic Talks

A high-ranking U.S. official said the North Korean nuclear issue will be a key agenda item during the U.S.-China Strategic and Economic Dialogue (S&ED) that will kick off for three days in Beijing beginning Sunday

Kenyan President Denounces N. Korea's Nuclear, Missile Tests

Opposition Parties Agree to Seek Hearings on Major Scandals

Park to Discuss N. Korea, Infrastructure Projects at S. Korea-Kenya Summit

US Treasury Secretary to Visit S. Korea

S. Korea's Exports Decline at Slowest Pace in 6 Months

KOSPI Regains Footing on Tuesday

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

Hyundai Heavy gets approval on 3.5 tln-won self-rescue measures

Embattled Hyundai Heavy Industries Co. has mapped out 3.5 trillion won (US$2.94 billion) worth of self-rehabilitation measures, including asset sales and a cut in its workforce, in order to stay afloat amid a drop in new orders, industry sources said Wednesday.

More firms subject to strict antitrust rules in May

The number of South Korean business groups' affiliates subject to restrictions on mutual investments and loan guarantees rose sharply in May from a month earlier, the antitrust watchdog said Wednesday.

S. Korea considers shutdown of aged coal power plants

South Korea is considering closing aged coal-fired power plants as part of efforts to curb fine dust emissions in light of worsening air pollution problems, the government said Wednesday.

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

Bondholders OK HMM’s debt restructuring plan

Bondholders of Hyundai Merchant Marine have approved a debt restructuring proposal by the ailing shipper, clearing one o...

Top N. Korean official makes surprise visit to China

Career diplomat Ri Su-yong, one of North Korea’s highest-ranking officials, arrived in Beijing...

Comfort women’ fund faces hurdles

With the initiative to set up a foundation for “comfort women” victims being set in motion, t...

Samsung C&T to appeal share buyback price ruling

An appeal court on Tuesday ordered Samsung C&T, the fashion and trading unit of Samsung Group, ...

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

US set to oust Korean judge from WTO appellate body 

The United States has all but scuttled the reappointment of Chang Seung-wha, the only Korean judge in the appellate body of the WTO dispute settlement system,...

Korea 'will follow Japan's example' if restructuring fails 

If Korea fails to restructure ailing industries and businesses, the nation will likely lapse into “two lost decades” following Japan’s example, a think tank s...

N. Korea showing signs of reprocessing activity: watchdog 

North Korea is showing signs that it is preparing or has already begun reprocessing spent nuclear fuel to harvest plutonium for nuclear weapons, a U.S. websit...

N. Korea, China agree to boost ties amid int'l sanctions 

Senior party officials from North Korea and China held talks on Tuesday during which they agreed to boost cooperation, the Chinese Communist Party said Tuesda...

Repeated missile failures humiliate N. Korea 

North Korea attempted to launch what appeared to be a Musudan intermediate-range ballistic missile (IRBM) Tuesday morning, but it exploded right after ignitio...

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Dong AIlbo (http://english.donga.com)

The eyes of the world are on how China would treat the N. Korean envoy

Ri Su Yong, vice chairman of the central committee under North Korean Workers' Party of Korea and former diplomat, made a surpris…

N.K.’s Ri Su Yong visits China in bid to dismantle sanctions

Ri Su Yong, vice chairman of the North Korean Workers’ Party’s Central Committee, paid a surprise visit to China by leading a lar

'Jazz People' magazine marks 10th anniversary, makes an overhaul

Monthly jazz magazine "Jazz People" marks its 10th anniversary this year. Launched in June 1996, Jazz People has since been adore…

LS Cable develops the world's first ship cables for 70 degrees below zero

LS Cable & Systems has acquired quality certification from Canadian Standards Association, an international standards organizatio

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

Missile Failures Hamper N.Korea's Nuke Ambitions

North Korea on Tuesday failed yet again to launch a Musudan missile, the fourth failure in two months. The Joint Chiefs of Staff said the North attempted to launch the missile in Wonsan, Kangwon Province in the early morning.

Special N.Korean Envoy Visits Beijing

Former North Korean foreign minister Ri Su-yong unexpectedly went to China on Tuesday at the head of a 40-strong delegation. It is the first visit to Beijing by a senior North Korean official since the North's latest nuclear test in January.

Seoul City Wants to Ban Soju Sales in River Parks

The Seoul Metropolitan Government is considering a ban on sales of highly alcohol drinks in parks along the Han River, it said Tuesday. The move is part of the city government's drive to curb alcohol consumption.

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

Kerfuffle in Uganda over announcements during Pres. Park’s trip

When the Blue House announced that Uganda had agreed to end military cooperation with North Korea during South Korean President Park Geun-hye’s visit to the country, some members of the Ugandan govern..

After 200 days, farmer still unconscious and police still not investigated

As the sweltering afternoon sun shone down on the intersection in front of Jongno District Office in Seoul on May 30, Lee Ho-jung, permanent director of the Catholic Human Rights Committee, began to s..

South Korea’s national competitiveness tumbles in IMD ranking

South Korea’s national competitiveness fell from 25th to 29th in one year, pushing the country below not only Japan but also China. The South Korean government contends that companies‘ weak sense of ..

How discarded beer and soju become environmentally friendly soap

It’s a tragedy that such tremendous amounts of water go into purifying discarded soju and beer.” Gwangju Eco-Center secretary-general Kim Jae-ju explained his group’s reasons for taking out a patent..

Ban has hinted at candidacy, but actually running is another question

Current and former senior Ministry of Foreign Affairs officials with two to three decades of experience working with or around UN Secretary-General Ban Ki-moon offered their assessments now that he em..

As he leaves South Korea, Ban Ki-moon says “stop speculating”

UN Secretary-General Ban Ki-moon’s last words after finishing a six-day-long South Korea itinerary seemingly crafted by a presidential election camp was a plea to “stop speculating and reading too muc..

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

Accident underscores dangers of contract work

The accidental death of a subway mechanic drew renewed attention to the low wages, lack of safety measures and generally callous working conditions faced by young contract workers. Leaders of political parties paid visits on Tuesday to Guui Station in northeastern Seoul to mourn the death of a 19-year-old maintenance worker…

North Korea’s Ri arrives in China to improve ties

North Korean senior official Ri Su-yong arrived in China on Tuesday, in a surprise visit that hinted…

Korea’s competitiveness ranking falls again

Korea’s global competitiveness fell by four notches to 29th in the Institute for Management Development (IMD)’s…

Doosan nabs 460 billion won order for Kuwait water plant

Doosan Heavy Industries received an order worth 460 billion won ($387 million) to build a seawater desalination plant…

DSME announces more layoffs and pay cuts

Daewoo Shipbuilding & Marine Engineering (DSME) unveiled additional self-rescue measures on Tuesday…

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The Kyunghyang Shinmoon (http://english.khan.co.kr/)

Body on the Path of a Presidential Candidate, While His Words Argue, 'Don't Exaggerate'

On May 30, UN Secretary-General Ban Ki-moon (72) said, "I hope you will refrain from exaggerating and speculating about my actions in Korea." This day, Ban···

Comfort Women Foundation to Be a Private Organization: South Korean Government Takes One Foot Out

On May 31, the government officially launched a committee to prepare the establishment of the comfort women foundation as a prior step to establishing a foundation to support the comfort women victims···

[Park Geun-hye's Vision of “4-7-4” Goes Down the Drain] Promises of “4-7-4” End up as “2-6-2”

The Park Geun-hye government had initially proposed a vision of “4-7-4 (4% potential growth rate, 70% employment rate, per capita income of $40,000),” but it ···

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

Manufacturing Capacity Use Falls to a Low of 71.0%

The capacity use of the manufacturing sector has fallen to a level similar to that during the 2008 global financial crisis, as companies cut back on production in response to slowed sales. According to a report "Industrial Activity Trend" published by the National Statistical Office on May 31, the m...

Samsung Flixabi Gets Green Light for Sales in Europe

A biosimilar drug called Flixabi, developed by Samsung Bioepis, won a marketing approval in Europe. Flixabi, accordingly, became Samsung Bioepis’ second biosimilar drug that gets approved for sales in Europe, following the first one Benepali which was approved in January this year. Samsung Bioepis ...

HMM Succeeds in 630 Bil. Won Debt Renegotiation with Creditors

Hyundai Merchant Marine has succeeded in renegotiating its debt including the extension of 630-billion-won publicly placed bonds that come due this year and next and a debt-for-equity swap. Given Hyundai has virtually completed the charter rate cut talks, it seems the company has cleared the most di...

"4 Tril. Won Wasted Because of Creditors' Misjudgment"...Bankruptcy Court

The bankruptcy court will set out to conduct an in-depth investigation on STX Offshore & Shipbuilding that has filed for a corporate workout program. The bankruptcy court of the Seoul Central District Court said on May 31 that it would commence on field investigation on the shipbuilder including its...

POSCO Completes Capacity Rationalization Program for Gwangyang No. 4 Plant

POSCO will expand its automotive sheet steel business by increasing the capacity of advanced high-strength sheet steel (AHSS) plants in and outside Korea while raising the efficiency of the steel works. The nation's largest steel supplier said on May 31 that it has completed a capacity rationalizati...

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

North Korea's medium-range missile test fails again: Seoul

[Yonhap News Photo] North Korea test-fired a suspected medium-range Musudan missile Tuesday from a base on its east coast, but the launch appeared to have failed, South Korean military authorit…

North Korea's Facebook clone gets hacked by Scottish student

A mysterious unnamed website using a North Korean Domain Name System (DNS) was spotted last week, and it's already been hacked by an 18-year-old college student f…

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

Four killed, 10 injured in collapse of subway construction site

[Photo by Namgung Jin-woon] Four workers were killed and 10 others were injured Wednesday after they were trapped in the collapse of an underground subway construction site caused by a suspecte…

Seoul detects new cyber attack by North Korea hackers

South Korea has detected a suspected new cyber attack by North Korean hackers to acquire an Internet authentication certificate from a digital security service firm in Seo…

Firms reject government compensation over closed inter-Korean zone

[Yonhap News Photo] South Korean firms kicked out of a suspended inter-Korean industrial zone turned down a government financial package Tuesday to compensate for losses caused by the abrupt sh…

North Korea's medium-range missile test fails again: Seoul

[Yonhap News Photo] North Korea test-fired a suspected medium-range Musudan missile Tuesday from a base on its east coast, but the launch appeared to have failed, South Korean military authorit…

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

GE expands its presence in Korea

The U.S.-based multinational conglomerate General Electric (GE) has significantly expanded its presence in the South Korean ...

Samsung Bioepis gets European nod to sell RA biosimiar Flixabi

Samsung Bioepis Co. has received final marketing approval of Flixabi, a biosimilar drug for rheumatoid arthritis (RA), from the ...

Lessons from the Rise and Fall of STX Offshore & Shipbuilding

STX Offshore & Shipbuilding, which until a few years ago ranked as the world’s fourth largest in terms of orders and backlog, ...

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The Korea Post is at your service.

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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),

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(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.)

Special notices:

Send your latest Embassy news releases toThe Korea Post for publication

Your Excellency:

Send your latest press release(s) in Korean to (www.koreapost.co.kr) for immediate publication and in English to korpost@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).

Very Respectfully Yours

/s/

Lee Kyung-sik

Publisher-Chairman of The Korea Post

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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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The Korea Post now has a new Vice Chairman

Resume of Vice Chairman Choi Nam-suk of The Korea Post

The Korea Post continues to expand its staff strength, and most recently welcomed Mr. Choe Nam-suk as its Vice President. He is now second in command at The Korea Post publishing five media units, 3 in English and 2 in the Korean language. A brief personal resume of Vice Chairman Choe follows:

Name in Full: Choe Nam-Suk (Mr.)

Date of Birth: January 4, 1949

Education: Seoul National University (Major: English & English Literature)

Military Service: Foreign Liaison Officer (1st Lieutenant)

Headquarter Office, ROK Air Force

Major Social Career:

1984-1989: Account Director, Oricom Marketing, Communications Agency

1990-1994: Director in Charge of Public Relations, Halla Business Group

1995-2000: Vice President, Int'l Affairs, Iksan, Advertising Group

2002-2014: Executive Director, The Economic Report, English Economic Monthly

2016: Vice Chairman, The Korea Post Media Group

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