August 02, 2016
TheKorean daily media headlines and humor
Tuesday, August 02, 2016
Your Excellency:
Here are The KoreaPost notices and around up 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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The Korea Post has three important tours in the next 3 weeks
Currently,The Korea Post has three very interesting tours for the Ambassadors and Madams.They are, in the chronological order:
1.Garica Boutique Hotel in picturesqueGangneung City on the East Coast on Saturday 13 August 2016.
2.Samsung Electronics, LG Electronicsand 5th Navy Headquarters as well as Pyeongtaek Cityon the West Coast on Wednesday 17 August 2016.
3.The Korea Institute of Civil Engineeringand Building Technology on Friday 19 August 2016.
Iwould say that Your Excellency and Madam would not wish to miss the rareopportunity to learn Korea firsthand through proper introduction andaccommodation during these tours organized by The Korea Post media.
Please scroll down to the bottom for a copy of invitation to eachtour.
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Aquick roundup of major news stories from the Korean news media today:
KBS (http://world.kbs.co.kr/english/news/)
TopSaenuri Officials See Movie 'Operation Chromites'
Amidcontroversy over the planned deployment of a U.S. Terminal High Altitude AreaDefense(THAAD) battery in South Korea, top officials of the ruling...
Rep.AhnCheol-soo Proposes Revision to Anticorruption Law
AhnCheol-soo,the former chair of the minor opposition People’s Party, on Monday proposed arevision to the Kim Young-ran antigraft law to...
ForeignMinister Reaffirms Strong Seoul-Washington Alliance
TopSaenuri Officials See Movie 'Operation Chromites'
Rep.Ahn Cheol-soo Proposes Revision to Anticorruption Law
KOSPIStarts off Week in Positive Territory
'N.Korean 2018 Olympic Participation in South Depends on IOC Rules'
U.S.Air Force to Deploy B-1B Bombers to Guam
MaltaVows to Stop Issuing Visas for N. Korean Laborers
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Yonhap (http://english.yonhapnews.co.kr)
PyeongChangWinter Games chief arrives in Rio for promotion
The head ofthe 2018 PyeongChang Winter Olympics arrived in Rio de Janeiro on Monday,kicking off a campaign to promote South Korea's first Winter Games during the...
S.Korea to appear 52nd at Rio opening ceremony
South Koreawill be the 52nd nation to appear at the opening ceremony of the Rio de JaneiroOlympics, officials said Monday.
U.S.commander: N. Korea cannot 'escalate its way to victory'
North Koreamust realize that it "cannot escalate its way to victory," the U.S.Strategic commander said, expressing concern about the communist nation'snuclear and mis...
NewU.N. rapporteur interested in looking into N. Korea's labor exports
The new U.N.special rapporteur on North Korea's human rights situation said Monday he is interestedin looking into Pyongyang's alleged exploitation and abuse of its peo...
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The KoreaHerald (http://www.koreaherald.com)
Seoullambastes N.K. hacking on diplomats, officials
The Seoulgovernment on Monday slammed North Korea’s latest hacking into the emails ofSouth K...
'Anipang'to drive SundayToz growth
The power ofgaming content is evident nowadays as a growing number of smartphone users seekqu...
Protestat Ewha Woman’s University escalates
Ewha Woman’sUniversity students Monday held their fifth consecutive day of protest againstthe ...
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The KoreaTimes (http://www.koreatimes.co.kr)
'Onlyvirgins' operate N. Korea fishing boat
North Korea’smain newspaper Rodong Shinmun has printed a story about a fishing boat operatedonly...
Uncomfortabletruth about Korean military
Koreanmilitary has come under scrutiny again for its violent practices within thearmy.
N.Korea defector believed to be 3-time Olympiad silver medalist
A North Koreanteenager who recently sought asylum at the South Korean consulate in Hong Kongis believed to be a three-time silver medalist at the Internatio...
Beware,expats!
The KimYoung-ran Act will affect foreign journalists, businesspeople and privateschool teachers as well so it is imperative for them to know the ins and out...
Exportsoutlook bleaker on trade barriers
Exports fell10.2 percent from a year earlier in July, extending their losing streak to arecord 19th consecutive month, the Ministry of Trade, Industry and E...
Driverwith brain condition kills three
A driver witha brain condition killed three pedestrians and injured 14 in Busan onSunday.
Timeto sex up Hanbok
Taiwan1959. Areporter for “The Korea Republic” (the predecessor of an English languagepublicat...
Halfof Korean men 'have extramarital affairs'
Up to 50.8percent of Korean men have cheated on their wives, a report shows.
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DongA Ilbo (http://english.donga.com)
N.Korea hacks into emails of 90 Seoul officials
Stateprosecutors of South Korea found that a group of hackers presumed to be NorthKoreans have attempted to break into the emai…
IranianOlympic uniform ridiculed as ‘eraser' or ‘pizza’
"Thebiggest runway for sportswear in the world” This is what Stephen Ravimov, afashion expert, had to say to describe the Rio …
'Thestock market can predict the next U.S. president,' says CNN
“Keepan eye on the stock market from August 1 through October 31……If stocks go upduring that three-month stretch, expect Clinton……
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Chosun Ilbo (http://english.chosun.com)
Inheritance Tax Revenues Soar
The amount of inheritance taxes paid by wealthy heirs hita record high last year. The National Tax Service on Sunday said the totalamount of inheritance from parents to offspring in 2015 rose 21.7 percent toW13.12 trillion compared to 2014.
N. Korean Defectors Still Earn Less than BornS. Koreans
North Korean defectors earn only about two thirds of whatordinary South Koreans make. According to the National Assembly Budget Office,the average monthly salary of North Korean defectors was W1.54 million lastyear.
How to Stay Healthy in Summer Heat
Some 539 people have already fallen victim toheat-related illnesses this summer, 2.1 times as many as last year's 260, andeight people had died of heat stroke as of last week. The best way to beat theheat is to stay indoors at the height of the midday heat.
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HanKyoReh Shinmoon (http://english.hani.co.kr)
Businessoff shoring makes a u-turn as the government encourages “re-shoring”
SamsungElectronics has pledged a total of 20 trillion won (US$17.6 billion) ininvestment in Vietnam through 2017. Some 40,000 people are employed directly orindirectly at its local smartphone plant, started operations in 2009.
[Column]Hypocrisy is the essence of the Trump phenomenon
In the publicsphere, hypocrisy is often a necessary evil. As seventeenth-century Frenchauthor La Rochefoucauld wrote, “Hypocrisy is the homage vice pays to virtue.”Evenon a personal level, hypocrisy is significant in the sense that it reinforcesthe moral standards that society as a whole must uphold.
Toface down corporate chains, independent coffee shops band together
Lee Woo-yong,48, who had been handling business and administrative matters for a Buddhisttemple since his twenties, had chosen not to drink coffee. It had always struckLee as a symbol of the frantic pace of our modern lives.
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JoongAng Ilbo (conservative) (http://koreajoongangdaily.joinsmsn.com/)
North hacked 90 security, media emailaccounts
A suspected group of North Korean hackers attempted togain access to at least 90 email accounts…
Bipartisan push moves to revise antigraft law
Politicians from both sides of the aisle urged PresidentPark Geun-hye to dilute the new anticorruption law…
Trade surplus hits record high
Korea’s trade surplus hit a new record high in Junedespite falling exports, as low oil prices contributed to…
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The KyungHyangShinmoon (http://english.khan.co.kr/)
[Humidifier Sterilizer Scandal] Oxy Plans toCompensate 1 Billion Won for Death of Infants and Toddlers, But Victims Claim,"It's a Trick!"
Oxy announced its final compensation plan to provide atotal of 1 billion won for the infants and toddlers who died due to thecompany’s humidifier disinfectan···
[Editorial] Warrants for Park Sun-sook andKim Su-min Dismissed: Prosecutors' Office Needs to Announce Their Position
The arrest warrants for lawmakers Park Sun-sook and KimSu-min, which the prosecutors sought for a second time in connection to abribery scandal concerning the···
[Log In] The “Rebellion” of the Chaebol withNo Dreams
Ran (Rebellion), a film by the master Japanese film directorAkira Kurosawa, is an adaptation of Shakespeare's King Lear set in 16th centuryJapan during the S···
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The KoreaEconomic Daily (http://english.hankyung.com/)
Won-Dollar Exchange Rate Moves below 1,110Won Level, First in 13 Months
The won's value has appreciated to a record-high level.It was due to the weakness in the U.S. dollar following the news on thelower-than-expected second-quarter GDP figure. At 11:07 am on August 1 at theSeoul foreign exchange market, the won-dollar exchange rates were traded at1,112.50 won per dol...
July Export Figure Down 10.2% from 12 Monthsago 2016-08-01 12:14
The volume of exports for the month of July waspreliminarily compiled to have decreased 10.2 percent from 12 months ago toUS$41,045 million, said the Ministry of Trade, Industry, and Energy. Theyear-on-year export figure has declined for 19 consecutive months. The previousrecord was the 13-month...
China's People's Daily Slams South Korea forIts THAAD Decision 2016-08-01 12:33
The Chinese media are criticizing hard the Koreangovernment's recent decision to deploy the Terminal High Altitude Area Defense(THAAD) anti-ballistic missile defense system. The People's Daily, the Chinesegovernment's official news daily, said on August 1 in the Zhongsheng (the voiceof China) se...
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AJU BusinessDaily (http://eng.ajunews.com/korea)
CJvows to use Hallyu for growth in entertainment busin…
South Korea'sCJ Group vowed Monday to boost global sales of its two entertainment units bycapitalizing on the growing popularity of the …
Mediaregulator warns of setback in Hallyu exports to C…
A top mediaregulator warned Monday of a setback in exports of South Korea's pop culturewave "Hallyu" to China due to a diplomatic row ove…
Imagesof crowded water park shock online users
South Koreanonline users have voiced shock at a set of images showing a water parkliterally packed with holiday makers. The images uploaded …
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ETNEWS (http://english.etnews.com/)
[Global e-shopping]ARDEN BIKE WEAR: targetingthe world-market with its made-in-Korea bike wear
Either to work or as part of one’s leisure time, riding abicycle is not out of the ordinary any more. It is now embedded in one’severyday activities, thus many people are looking for bike wear for
Commission for South Korean Robo-Advisors toBe More Expensive than American Robo-Advisors
It is seen that Robo-Advisors that South Koreanconsulting companies put out have higher commission and higher membership costthan American Robo-Advisors because market is not formed as it is suppose
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Maeil BusinessNews Korea (http://www.pulsenews.co.kr/ )
SamsungElectronics’ shares poised to hit historic high on foreign buying
SamsungElectronics Co. shares are poised to hit an all-time high on revived appetiteof foreign investors cheering the South...
Audiand VW cars headed for Korea to be shipped back to Germany ahead of ban
A shipcarrying a month’s supply of 3,000 Audi and Volkswagen cars for the Koreanmarket will return back to Germany in full...
S.Korea’s July domestic car sales drop 10.6 % on year
The July autosales in South Korea fell by 10.6 percent on year as the special consumptiontax benefit for car purchases...
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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.)
Invitation to Gracia Boutique Hotel in Gangneung, East Coast tointroduce new hotel
ChairpersonYeo Mung-ju of the Gracia Boutique Hotel in the Summer Resort City of Samcheokon the East Coast cordially invites Your Excellency and Madam to the Hotel andthe picturesque beach facilities on Saturday13 August 2016.
Fordetails on the Hotel, please visit:/news/view.html?smode=&skey=Gracia&x=23&y=13§ion=162&category=182&no=1254
ChairpersonYeo is building a large, prestigious new deluxe hotel on the East Coast, andwishes to introduce the new hotel and her plan to provide the leaders of thecountries of the world visiting Korea as well as the Ambassadors in Korea withcomplimentary accommodation in a gesture of goodwill and expression of herinterest in the promotion of friendship and cooperation between Korea and thecountries represented by the Excellencies.
Itineraryof the Tour for the Ambassadors and Madams on Saturday 13 August 2016 is asfollows:
0830hours, Saturday 13 August 2016: Meet at Grand Hyatt Seoul (near the WaterFountain).
0830-1200hours: Move from Seoul to Samcheok City, Gangwon Province.
1230-1500hours: Luncheon hosted by Chairperson Yeo and attended by the local governmentand civic leaders as well as the Ambassadors and Madams.
Thevenue is the outdoor Pine Grove, which is the scenic location site of thefamous movie, Where the Six Dragons Flew into the Sky.
Therewill be Idol Troupe performances as well as welcome ceremonies and presentationof memorial gifts.
1600-1700hours: Introduction to the complimentary use of the facilities of the new Hotelby the Ambassadors and their Families.
1700-2030hours: Arrive back at Grand Hyatt 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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Invitation to Samsung Semiconductor, LG Electronics, 2nd ROKNavy Headquarters and Pyeongtaek City
Iam pleased to inform Your Excellency that Mayor Gong Jae-gwang of thePyeongtaek City of Gyeonggi Province, together with the CEOs of the SamsungSemiconductor and LG Electronics, and the Second ROK Navy Commander, cordiallyinvites Your Excellency and Madam to visit the two major electronics companiesof Korea and the ROK Navy Base as well as the Pyeongtaek City Government on Wednesday August 17, 2016.
Pleasevisit: http://koreapost.koreafree.co.kr/news/view.html?section=161&category=180&no=1324for detailed information on the Pyeongtaek City.
Theitinerary of the Tour is as follows:
0830hours Wednesday August 17, 2016: Meet at Grand Hyatt Seoul (near the WaterFountain).
0830-1000hours: Move by Limousine Buses to the Pyeongtaek City Government Hall.
1000-1100hours: Have tea with Mayor Gong Jae-gwang, see introductory video on Pyeontaekand photo session
1120-1200hours: Visit and inspect the production facilities of the Samsung SemiconductorPlant in Go-deok.
1200-1330hours: Attend Luncheon (buffet) hosted by the Mayor of the Pyeongtaek City.
1330-1430hours: Visit and inspect the LG Electronics Plant in Pyeongtaek
1530-1630hours: Visit and inspect the Republic of Korea Navy Second Fleet Headquarters.
1700-1800hours: Visit the Information Hall of the Pyeongtaek Harbor.
1800hours: Leave Pyeongtaek City for Seoul (Grand Hyatt 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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Invitation of Excellenciesto the Korea Institute of CivilEngineering and Building Technology
Iam pleased to inform Your Excellency that President Tai-sik Lee of the KoreaInstitute of Civil Engineering and 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 water fountain).
0830-0920 hours:Move by Limousine Buses to the Head Office of the Korea Institute of CivilEngineering and Building Technology in Ilsan northwest of Seoul.
0920 hours: VisitingExcellencies and Madams to be welcomed at the Entrance Hall.
0930-1120 hours:Introducing of visiting Excellencies and Madams and also the leaders of KICT.Welcome remarks, presentation of Plaque of Appreciation to the KICT presidentand memorial gifts to 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 Grand Hyatt Seoul.
VeryRespectfully Yours
/s/
LeeKyung-sik
Publisher-Chairman
The Korea Post phones: 2298-1740/2, mobiles 010-3388-1682(Korean) and 010-5201-1740 (Chairman LeeKyung-sik).
RSVP: Yes, my spouse andI will attend_______. I will attend alone_______.
Mobilephone of driver or secretary:____________________. Regrets:_____.
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