The Korean daily media headlines and humor

TheKorean daily media headlines and humor

Friday,July 1, 2016

Your Excellency:

Here areThe 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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Special notice:

The official email of The Korea Post is (1) edt@koreapost.comand (2) korpost@chol.com.The personal email address of the Publisher-Chairman of The Korea Post is pub@koreapost.com.

The Korea Postdoes not assume responsibility for any messages transmitted to and/or fromthrough the use of any other email addresses. In such a case, pleaseadditionally transmit a copy to one of the above official email addresses of The Korea Post.

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Our heart-felt congratulations on your National Day in August!

Excellencies with the National Day coming in August,has our request for a full-fledged National Day interview brought to yourattention?

If not, please check with your secretary! We havemade an irresistibleoffer. Please scroll down to the bottom for full details.

(Please scroll down to the bottom for full details.)

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The Korea Post tours

The Korea Postcurrently has a very important tour for the ambassadors and spouses.

Asingle day tour of the 2016 Yecheon World Insect Expo

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

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

USDesignates N. Korea as Country with Worst Human Trafficking Record

The U.S. hasput North Korea on the list of the countries with the worst track records onhuman trafficking for the 14th consecutive year.

FSCChairman Yim Stresses Maintaining Market Stabilization System

South Korea’stop financial regulator has emphasized the necessity of maintaining a marketstabilization system to efficiently respond to economic uncertainties.

ParliamentaryLeaders Advance Initiatives on Forgoing Lawmakers' Privilege

NationalAssembly Speaker Chung Sye-kyun and the leaders of the three major parties havetentatively agreed to remove a rule that automatically scraps a motion toarrest a lawmaker if parliament fails to vote on the motion within 72 hours ofreceiving such report.

S.Korea-Belgium Working Holiday Agreement Takes Effect

ParliamentaryLeaders Advance Initiatives on Forgoing Lawmakers' Privilege

S.Korea, Laos Agree to Open Military Attach? Office

IMFWarns Brexit Uncertainty Grave Risk for Global Economy

S.Korea's Current Account Surplus Reaches Yearly High in May

FSCChairman Yim Stresses Maintaining Market Stabilization System

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

Morefirms subject to strict antitrust rules in June

The number ofSouth Korean business groups' affiliates subject to restrictions on mutualinvestments and loan guarantees rose in June from a month earlier, theantitrust watchdog said Friday.

June'sexports shrink 2.7 pct, the smallest rate of decline in a year

South Korea'sexports shrank for the 18th month in a row in June, falling 2.7 percent from ayear ago to US$45.3 billion, the trade ministry said Friday.

N.K.leader voices 'willingness' to improve ties with China

North Koreanleader Kim Jong-un has voiced his "willingness" to develop relationsbetween Pyongyang and Beijing in his message to Chinese President Xi Jinping,the North's state media said Friday.

BigBangto hold exhibition to celebrate 10th anniversary

South Koreanboy band BigBang will hold an autobiographical exhibition in Seoul as the thirdcelebratory event for its 10th anniversary, its management agency said Friday.

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

Koreato provide support amid job losses in shipbuilding

The SouthKorean government will designate shipbuilding as a sector that needs “specialstate assistance” with the Fin...

Withnew title, N.K. leader seen tightening grip, boosting diplomacy

North Koreanleader Kim Jong-un is forecast to tighten his grip with yet another title aschief...

FormerPark aide pressured media during Sewol tragedy

The transcriptof a phone conversation between Saenuri Party Rep. Lee Jung-hyun, the formersen...

Netflixplans to expand presence in Korea

Contentstreaming service Netflix, which launched here in January as part of its...

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

Parkto meet Abe in Japan for first time

President ParkGeun-hye plans to travel to Japan for a trilateral meeting with her Chinese andJapanese counterparts, according to Lee Joon-gyu, the nominee for Seoul’sambassador to Tokyo, Wednesday. This will be Park’s first t...

Koreareports 6th confirmed case of Zika virus 

Korea hasconfirmed its sixth Zika virus infection in a woman who returned from theDominican Republic, local health authorities said Friday. 

USputs N. Korea among world's worst countries for human trafficking 

The UnitedStates designated North Korea as one of the world's worst countries for humantrafficki...

Seoulstocks open up on relieved post-Brexit sentiment 

Korean sharesopened higher Friday, extending a rally into a fifth day on eased investors'anxiety about Britain's vote last week to exit the European Union.

S.Korea's exports down 2.7% year-on-year in June 

Outboundshipments came to $45.3 billion last month, down 2.7 percent from the samemonth last year, according to the Ministry of Trade, Industry and Energy. 

Financeminister refutes Trump over KORUS FTA 

FinanceMinister Yoo Il-ho refuted remarks by U.S. Republican presidential candidateDonald Trump ...

K-popstar Park questioned over alleged sexual assaults 

K-pop starPark Yu-chun has been summoned for questioning over allegations of sexualassault.

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

N.Korean leader caught dozing off during assembly session

Although NorthKorea’s supreme leader Kim Jong Un solidified his one-man rule through theseventh congress of the ruling Workers'…

Icelandfollows the footsteps of Greece

Iceland hasshocked the world by beating England, the home of football, in the Euro 2016’sRound of 16. All eyes are on whether I…

RyuHyun-jin not given enough chances to pitch

Even theweather was not favorable to him. Ryu Hyun-jin (29), who has been undergoingrehabilitation process in the Minor League …

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

U.S. Officials Ratchet Up Warnings AgainstPulling Out of Asia

A senior U.S. State Department official on Wednesdayreiterated warnings from the Obama administration that Seoul and Tokyo woulddevelop their own nuclear weapons if the U.S. pulls out of the region.

U.S. Gov't Warned of Nuclear Arms Race inNortheast Asia

Failure by the U.S. government to respond properly toNorth Korea's nuclear threat could prompt a nuclear arms race in NortheastAsia, an American think tanks warns.

Incheon Airport to Deploy Robot Staff LaterThis Year

Incheon International Airport will deploy robots tohandle baggage, customer service and cleaning duties late this year.

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

Rooftoprestaurants a new trend

PP Seoul, arooftop bar in Seoul’s Itaewon area, which provides views of Namsan Mountain.Nowadays rooftop restaurants and bars are trend for young people in Seoul.

Inportion of sexless couples, South Korea second from the bottom

South Koreanmarried couples report the second lowest frequency of sexual intercourse in theworld, a survey shows.

SouthKorea’s leading industries feeling the heat of competition from China SouthKorea’s leading industries feeling the heat of competition from China

Intensifyingcompetition with China is a major factor in the recent export slump for SouthKorea’s leading industries, an analysis shows. With South Korea in closecompetition with China in 10 out of..

Thereasons for the hanwoo prices roller coaster [Analysis] The reasons for thehanwoo prices roller coaster

People aremoaning about the exorbitant prices of South Korea’s premium cattle, calledhanwoo. At some cooperative markets, the price of hanwoo recently topped 10million won (US$8,600) a head, which ..

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

Shipbuilding ‘big three’ excluded from gov’thelp

The government finally designated the shipping andshipbuilding industries as special industries…

Contrite reps offer to relinquish some perks

As the National Assembly found itself besmeared withscandals only weeks into its 20th term, the Saenuri Party…

Study proves Trump wrong about Korea FTA

A study by a U.S. federal agency released on Wednesdayshowed that there were more benefits to the United States

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

Kim Jong-un Voted as Chairman of the StateAffairs Commission: Domestically Strengthen "One-Man Leadership,"Internationally Display a “Ordinary Leadership”

Kim Jong-un, chairman of the Workers' Party of Koreaended the age of Chairman Kim Jong-il and declared the undisputed rise of theKim Jong-un era.···

AhnCheol-sooGives Up Party Hegemony to SeekPresidential Bid

AhnCheol-soo, 54, and Chun Jung-bae, 62, co-leaders ofthe People's Party both resigned as party leaders due to bribery allegationsconcerning pub···

Sewol Allegedly Loaded with Steel Beams forNaval Base in Jeju

The Sewol was loaded with hundreds of tons of steelbeams, some to be used in the construction of the Jeju naval base, at the timeof the tragic accident, which···

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

June Exports Falls 2.7% to $45.3Bil...Industry Ministry

The Ministry of Trade, Industry, and Energy said on July1 that the volume of exports in June was US$45.3 billion, down 2.7 percent fromthe same month last year in its preliminary compilation. This is the decline ofthe smallest increment since June last year.Korea's monthly export figure hasbeen ...

Kakao Bank Unveils Its Business Plans

The outline of Kakao Bank, an Internet-only bank set tobe launched soon, is emerging little by little. According to a business planacquired by the Korea Economic Daily, Kakao Bank will offer loans to those 2.3million contract workers such as package deliverymen and insurance salespeopleat more f...

Mando Corp. Wins Europe's Most PrestigiousQuality Award

Mando Corp., an automotive parts unit of Halla Group,said on June 30 that its Mando Corp. Poland won a 5-star product quality ratingfrom the European Foundation for Quality Management. The Polish operation ofMando Corp. has been five years since foundation and it is unusual for arelatively new o...

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

NewApple patent hints at blocking iPhone recording at …

Apple has beengranted a new US patent for its technology which can disable iPhone camerasduring music con…

Googleofficially names Android N as 'Nougat'

Google has atradition of naming its Android operating system versions after the names ofdesserts in an alphabetical order. On Thursday, th…

Lottefounder's daughter questioned by prosecutors

South Koreanprosecutors questioned the 74-year-old daughter of Lotte Group's ailing founderFriday in an investigation in…

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

APP Attended FPD China 2016 to Go AfterChinese Markets

To enter Chinese markets, APP exhibited atmosphericplasma equipment for cleaning and others at a huge display exhibition that washeld in China. APP made an announc...

South Korean Market for Tablets Continues toGrow in Midst of Global Depression for Tablets

While global tablet markets are going through slumps,South Korea¡?s tablet market is growing steadily. Although general consumermarkets are slowing

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MaeilB usiness News Korea (http://www.pulsenews.co.kr/ )

Korea’sfactory output in strongest on-year gain since Jan 2013 on chip sales

South Korea’smanufacturing activity rebounded in May, gaining 2.5 percent from April aftertwo consecutive month fall thanks ...

LGHousehold stock hit new high on popularity of cosmetics lineup

South Korea’sLG Household & Health Care hit fresh record-high since the stock was listedon the nation’s main Korea Composite ...

Korea’sEverdigm solidifies presence in global heavy equipment market

South Korea’sheavy equipment maker Everdigm Corp. that generates over 60 percent of itssales from shipments to clients across ...

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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 Korean Internet(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:

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 inEnglishtokorpost@chol.com.

They are published by the five media outlets of TheKorea Post, including the Korean-language Internet newspaper, Englishwebsite 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-language

www.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 the 2016 Yecheon World Insect Expo

Iam pleased to inform Your Excellency that Mayor Lee Hyun-joon of the Yecheon Countyof Gyeongsangbuk-do Province cordially invite Your Excellency and Madam toattend 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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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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