June 27, 2016

TheKorean daily media headlines and humor

Monday, June 27, 2016      

Your Excellency:

Here are The KoreaPost notices and a roundup 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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Ourheart-felt congratulations on your National Day in August!

Alas! It is already that time of the month againwhen The Korea Post busily preparesfor the publication of a National Day Special Report for the countries withtheir National Day falling next month. Here is our request for an interview theExcellency with the National Day falling in the month of August:

Our heart-felt congratulations on the National Dayof your esteemed country in August this year!

The Korea Post, 31 years old this year, publishes:(1) an English print monthly (www.koreapost.com), (2) a real-timeKorean-language Internet newspaper (www.koreapost.co.kr), (3) a Korean-languageprint biweekly newspaper (http://pdf.koreapost.co.kr/14/1401.pdf), (4) anEnglish e-daily, and (5) an English e-daily newsletter.

At this time, I would like to have an extensiveinterview with Your Excellency for a Special Report on your country in ourAugust 2016 issue (published at the end of the preceding month by all the abovefive media units. On the assumption of Your Excellency’s kind consent, Ipresent our interview questionnaire as follows:

1. What are the important developments scheduledbetween Korea and your country, including the possible visit of your Head ofGovernment to Korea.

2. What is the volume of bilateral trade, itsoutlook in the next 12 months?

3. What are your competitive field of industry andproducts attractive to Korea and what are Korean products and services thatyour country might wish to import?

4. Who are the Korean companies (other thanJaebeol business groups) actively engaged in the promotion of economiccooperation between Korea and your esteemed country?

5. What are the areas in your country where youwant Korean companies to invest and what are the areas where you wish yourbusinessmen to invest in Korea?

6. Please introduce your Head of Government indetail, including major achievements.

7. What is your view of Korea and the Koreanpeople before and after your arrival here?

8. What are the attractive tourist destinations ofyour country?

9. Please introduce yourself in detail, includingyour career, family and hobbies.

10. Please add whatever other details that wemight have left out from the questionnaire.

After your answers to the above basicquestionnaire are ready, I would like to visit Your Excellency in person withmy photographer and editor for photo-taking and whatever other details become availablein the course of the interview. Our phone numbers are 2298-1740/2 and mypersonal cell phone is 010-5201-1740.

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TheKorea Post tours

The Korea Postcurrently has two very important tours for the ambassadors and spouses

1.A one-night-two-daytour of Boryeong Mud Festival

MayorKim Dong-ill of the Boryeong City cordially invites the Excellencies and Madamsto a two-day tour of the 19th Boryeong Mud Festival at the picturesque DaecheonBeach on Saturday-Sunday, 16-17 July 2016.Please scroll down to the end of this Headlines for further details.

2.A single day tour of the 2016 Yechon World Insect Expo

MayorLee Hyun-joon of the Yecheon County of Gyeongsangbuk-do Province cordiallyinvites Your Excellency and Madam to attend the Opening Ceremony of the 2016Yecheon World Insect Expo on Saturday July 30, 2016,which is attended by Prime Minister Hwang Kyo-ahn on behalf of President Park Geun-hye.Please check the full details of the Inviation at the bottom of this Headlines.

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

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

FSCChairman: Brexit Is Different from Lehman Brothers Case

South Korea’stop financial regulator said Monday that Britain’s decision to exit theEuropean Union(EU) will unlikely develop into a global financial crisis.

KoreaExchange Assures Limited Brexit Impact

South Korea’smain bourse operator has assured investors that the impact of Britain leavingthe European Union(EU) on the South Korean stock market will be limited.

ParliamentarySpeaker Vows to End Lawmakers' Freedom from Arrest

NationalAssembly Speaker Chung Sye-kyun has vowed to deprive lawmakers of theirprivilege of freedom from arrest.

ParliamentarySpeaker Vows to End Lawmakers' Freedom from Arrest

AssemblySpeaker Repeats Calls for Constitutional Revision

PartiesUrge Stronger National Security on War Anniversary

FSCChairman: Brexit Is Different from Lehman Brothers Case

KoreaExchange Assures Limited Brexit Impact

S.Korea, Israel Launch Negotiations for FTA

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

Taxrevenue from gambling sector gains 4 pct in 2015

South Korea'stax revenue from the country's gambling industry expanded 4 percent in 2015from the previous year due largely to increased sales, data showed Monday.

U.S.lawmakers call for resuming talks with N. Korea to recover remains of Americansoldiers

U.S. Houselawmakers have introduced a resolution calling for resuming talks with NorthKorea to uncover and bring home the remains of thousands of American soldierswho went missing during the Korean War from the communist nation.

Newhistory organization set to fuel debate on ancient territories

Historianscritical of scholars' colonial views formed a new organization Sunday to pushtheir claims on ancient territories, a move expected to pour further fuel on adebate with their academic opponents.

JeonbukHyundai Motors set football winning streak record

JeonbukHyundai Motors set a South Korean pro football winning streak record on Sunday.

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

Brexitraises concerns over exports

Britain’sdeparture from the European Union is drawing mixed reactions here, with localexpert...

Brexitto have limited impact on Korean legal market: experts

While SouthKorea scrambled to assess the impact of Great Britain’s decision to leave theEuro...

Amidrising terror threats, Korea remains vulnerable

In January2015, an 18-year-old who went missing in Turkey shook South Korean societyafter bei...

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

BanKi-moon online 'fan club' launched amid presidential speculation 

The fan club,named Fireflies, celebrated its official launch at the weekend with a mountainhike ...

Starbucksembroiled in 'gender discrimination' scandal 

A controversyhas belatedly erupted over an offer by Starbucks Korea to provide free coffeefor soldiers on special leave. 

PMto discuss NK with Chinese leaders 

Prime MinisterHwang Kyo-ahn will meet with Chinese leaders in Beijing this week to discussissues... 

Foreignschool operators indicted over illegal operations, embezzlement 

A couple whoran the Centennial Christian School International (CCSI) in Yongsan, centralSeoul, will be tried on charges of operating illegally and embezzlin... 

Korea'srecord on refugees 

June 20 isWorld Refugee Day, a day set aside by the U.N. General Assembly to remembersome of the...

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

Thinktank: ‘Korea needs extra budget to cushion Brexit shock’

Amid growinguncertainty in domestic and overseas economies due to Brexit and corporaterestructuring in Korean industries, Korea…

Sorossays the U.K. may not survive after Brexit

Billionaireinvestor George Soros (see photo) warned on Saturday the U.K that voted toleave the EU, saying, “The UK itself 'may …

EnglishPremier League hit by Brexit

The EnglishPremier League, considered one of the top football leagues in the world, isexpected to be impacted by Brexit.AsBrex…

ActorKim Sung-min donates his organs to save five people

Kim Sung-min,a 43-year-old actor who was brain dead after attempting a suicide, has becomean organ donor and has saved the live…

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

U.S. Drones to Play Bigger Role in MissileDefense

State-of-the-art U.S. drones will practice detectingNorth Korean missiles in a South Korea-U.S.-Japan drill in waters near Hawaiilate this month. Drones are likely to play an increasing role in missiledefense.

Young Teens Caught Up in Beauty Craze

One manufacturer of school uniforms polled some 158teenage girls in May and found that the vast majority had tried makeup atschool. They got their tips from websites like YouTube, which has around149,000 videos with makeup instructions for teens.

Foxconn Challenges Samsung in OLED Business

Taiwan's Foxconn is to start producing OLED panels forTVs and other appliances next year, challenging Samsung's supremacy in thefield. Foxconn chief Terry Gou said the company will use panel production linesat Japan's Sharp, which it recently acquired. 

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

Thehate that hate produced

When the judgeasked the assassin of UK Labor Party parliamentarian Jo Cox to identify himselfin court last week, he refused to give his name. Instead, he said, “My name isdeath to traitors, freedom..

Companieswaging war on extra working hours Companies waging war on extra working hours

Even afterwork, the smartphone of an individual surnamed Kim, who works in the financesector, keeps buzzing with KakaoTalk alerts. The messages appear in groupchatrooms created by the head of the b..

Civicgroups mobilizing nationwide to resist construction of new nuclear reactors

Anorganization of 36 Ulsan-area civic and social groups held an emergency pressconference at the Ulsan City Hall press center on June 24 to denounce theapproval of construction for fifth and sixth ...

S.Korean consumers movement against Oxy

Representativesof the Consumers’ Union of Korea and other consumers’ rights groups mark OxyReckitt Benckiser products returned to three major retail outlets with Xsoutside Oxy Korea’s main office i..

Lawyersgroup says NIS went too far in keeping defectors out of Hanawon

On June 24,MINBYUN-Lawyers for a Democratic Society accused the director of the NationalIntelligence Service (NIS) of overstepping his authority by making the unusual decisionto not send the waitre..

HopeButterfly idea-sharing in Paris

Professor JeanSalem gives a lecture on his experience in the peace movement and his previoustrip to Seoul, at Sorbonne University in Paris, during a visit by “Dream of theButterfly,” Hope Butterfly..

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

International’school faces investigation for swindling

A couple in their 50s who ran an illegal internationalschool in Yongsan District was charged…

Kickback scandal casts wider net

A prosecution probe into the political funding scandal ofthe People’s Party is widening…

Shin Dong-bin cements his hold

Lotte Group Chairman Shin Dong-bin once again solidifiedhis control over the group’s Japanese business…

LG U builds solar mobile and internetstations

LG U , the nation’s third-largest carrier, has builtsolar-powered base stations in remote areas where calling…

North Korean supernotes were made by a formerspy

A North Korean agent arrested by Chinese authoritiesearlier this month for circulating counterfeit $100 banknotes…

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TheKyunghyang Shinmoon (http://english.khan.co.kr/)

Constructionof Shin Kori Units 5 & 6 Confirmed: Problems of Having 10 Nuclear PowerPlants Concentrated in One Area and Inadequate Safety Assessment Pushed Aside

The NuclearSafety and Security Commission authorized the construction of Shin Kori units 5and 6 in Ulju-gun, Ulsan. In Korea, the permits for the construction···

Numberof Newborn Babies Reach Lowest Ever: South Korea's Growth Engine Dies Down

The totalnumber of newborn babies this year has recorded the lowest ever as of April. Ifthis trend continues, the number of babies born this year is expected ···

TenYears of Conflict over New Airport Triggered by the Government: Let the 'WisePublic' End It

As thegovernment decided to expand the Gimhae Airport on June 21, plans to constructa new airport in the Yeongnam region have been scratched out. The heated d···

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

"KOSPI to Fall 1,850 Due to BrexitShock"...

Hana top news 썸네일HanaFinancial Investment's research center said on June 24 that with"Brexit" almost a done deal it is inevitable for Korea's stock marketto undergo an abrupt adjustment while the won's value depreciating by a largemargin. The research center said, "For the next one month, the stockmarket willb... 

Brexit May Take Tolls on Korean Shipments toUK and EU

The dark cloud is getting thicker for the Korean economywhere the employment situation is already bad due to the restructuring ofshipbuilding and shipping industries. To make the situation worse, the UK votedto leave the EU, escalating the uncertainty about the future of the Koreaneconomy. The ...

Google, Amazon, Samsung Picked as the MostDynamic Brands in the World

Samsung Electronics was named as one of the world's mostdynamic brands following Google and Amazon. IPG Mediabrands released the listof the world's top-100 dynamic brands on June 26. The D100 list showed thatSamsung Electronics ranked No. 3 behind Google and Amazon. Following SamsungElectronics ...

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AJUBusiness Daily(http://eng.ajunews.com/korea)

Pyongyangscores partial success in missile test: 38 North

The latesttest-launch of North Korean missiles was a partial success and increased thelikelihood that road-mobile intercontinental ballistic missiles will reachoperational status early in the next decade, according to 38 North, the websi…

ActorKim pronounced brain-dead, organs to be donated

The family ofSouth Korean actor Kim Sung-min who was brain dead after attempting suicide hasexpressed a with to donate his organs. He was 43. …

AIIBapproves first 4 loans worth $509 mln: Yonhap

TheChina-backed Asian Infrastructure Investment Bank has approved its first fourloans worth 509 million US dollars as the bank holds its firs…

Brexitcould force British law firms to pull out: Yonha…

The decisionby Britons to pull out of the European Union could force British law firms outof South Korea's legal market, local sources said. …

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

SK Telecom and Ericsson Secure Equipment forDemonstrative Network of 5G

SK Telecom and Ericsson had finished developing equipmentfor demonstrative network of 5G and have succeeded in demonstrating it. Thisequipment will be applied for demonstrative network of 5G that i

Pincraft Engineering Develops World’sThinnest Wireless Charger

A small South Korean company has developed a world¡?sthinnest rapid wireless charger for Smartphones. While it has same performanceas any Smartphone manufac...

Ministry of Trade, Industry and Energy toPush for Preliminary Feasib... 

Ministry of Trade, Industry and Energy (MOTIE) isstarting a preliminary feasibility study project that is worth $263 million(300 billion KRW) to develop new techno...

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

S.Korea’s listed companies see operating profit fall, payroll cost rise

With sales andoperating profit per employee of listed companies of South Korea’s 30 largestgroups decreasing over the recent ...

AIIB`s2nd annual meeting to be held in Jeju Island in June next year

The Ministryof Strategy and Finance announced on Sunday that Minister Yoo Il-ho, whodoubles as deputy prime minister for ...

KTCEO suggests cooperation among mobile carriers to prevent infectious diseasespread

HwangChang-gyu, CEO of South Korea’s leading mobile carrier KT Corp., suggested thattelecommunications companies around the world cooperate in order to preventinfectious diseases from ...

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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:

Sendthe Embassy news releases to edt@koreapost.comforpublication 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 forfurther details.)

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 inEnglishto korpost@chol.com.

They are published by the five media outletsof 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-languagewww.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!

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Invitationto a two-day tour of Boryeong Mud Festival

Iam pleased to inform Your Excellency that Mayor Kim Dong-ill of the BoryeongCity cordially invites Your Excellency and Madam to a two-day tour of the 19thBoryeong Mud Festival at the picturesque Daecheon Beach (some 119 miles southof Seoul) on Saturday-Sunday, 16-17 July 2016. It was designated by theGovernment as the Best Festival of the Republic of Korea.

Theitinerary is as follows:

DayOne: 1200 hours, Saturday 16 July 2016: Meet at Grand Hyatt Seoul (by the waterfountain)

1200-1400hours: Move to Boryeong City by Limousine bus. High-quality lunch box served onthe bus.

1400-1500hours: Check in at the Westopia Tourist Hotel.

1500-1620hours: Watch street parade at the Dongdae-dong Rotary.

1620-1800hours: Have hands-on experience in mud festival activities.

1800-1930hours: Attend welcome dinner in honor of the ambassadors and spouses.

1930-2200hours: Attend opening ceremony and watch opening ceremony performances.

2200hours: Check in at the hotel for the night.

DayTwo: 0800-0900 hours, Sunday 17 July 2016: Breakfast at the hotel, and checkout.

0900-1200hours: Visit Ongma-jeon Pavilion, Seongju Castle Site, Seongju Mountain Restand Recuperation Forest, Cypress Forest, and tour Gaehwa Art Park.

1200-1300hours: Farewell luncheon at the Gaehwa Art Park Reception Hall and presentationof Plaque of Appreciation to the Mayor by the Dean of the visiting members ofthe Seoul Diplomatic Corps. (The Plaque will be prepared by The Korea Post.)

Pleaseindicate your interest in the following space:

Yes,we___(I alone___) will attend. Emergency cellphone number____________________

Contactphones of The Korea Post: 2298-1740/2, mobile 010-3388-1682 (Ms. Kim Jeong-mifor Korean callers) or 010-5201-1740 (Chairman Lee for English callers).

VeryRespectfully Yours

/s/

LeeKyung-sik

Publisher-Chairman

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Invitationto the 2016 Yecheon World Insect Expo

Iam pleased to inform Your Excellency that Mayor Lee Hyun-joon of the YecheonCounty of Gyeongsangbuk-do Province cordially invite Your Excellency and Madamto attend the Opening Ceremony of the 2016 Yecheon World Insect Expo on SaturdayJuly 30, 2016, which is attended by Prime Minister Hwang Kyo-ahn on behalf ofPresident Park Geun-hye. Please visit:/news/view.html?section=161&category=181&no=1303for details of the Expo.

Theitinerary of the Tour is as follows:

1330hours Saturday 30, 2016: Meet at Grqand Hyatt Seoul (near the Water Fountain).

1330-1630hours: Move by Limousine Buses to Main Venue of the Inspect Expo.

1630-1700hours: Visit the Main Theme Hall of the Expo, Amusement Park, IndustrialPavilion, and the Parblue Garden.

1700-1715hours: Move to the Dinner Banquette Hall of the Yecheon Wedding Hall.

1715-1815hours: Attend Dinner hosted by Mayor and Mrs. Lee Hyun-joon.

1830-1900hours: Attend the Opening Ceremony of the 2016 Yecheon World Insect Expo.

1900-2200hours: Move back to Seoul arriving at Grand Hayatt 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:_____.

(Pleasemark the blank spaces above and below with an X or Tick and revert toedt@koreapost.com.)

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