The Korean daily media headlines and humor

TheKorean daily media headlines and humor

Friday, August 05, 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 veryinteresting tours for the Ambassadors and Madams. They are, in thechronological order:

1.Gracia Boutique Hotel in picturesqueGangneung City on the East Coast on Saturday 13 August 2016.

Aprestigious Plaque of Appreciation is presented to each Excellency and SeniorDiplomat participaing, as shown the sample below:

Here are details of the tour of the Gracia Boutique:

Invitation to GraciaBoutique Hotel in Gangneung, East Coast to introduce new hotel

ChairpersonYeo Mung-ju of the Gracia Boutique Hotel in the Summer Resort City of Samcheokon the East Coast and the City leaders cordially invites Your Excellency andMadam to the Hotel and the picturesque beach facilities on Saturday 13 August 2016.

Fordetails on the Hotel, please visit: /news/view.html?smode=&skey=Gracia&x=23&y=13&section=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 out of respect for the countries and in a gestureof goodwill and expression of her interest in the promotion of friendship andcooperation between Korea and the countries represented by the Excellencies.

Itineraryof the Tour for the Ambassadors and Madams on Saturday 13 August 2016 is asfollows:

0830 hours, Saturday 13 August 2016:Meet at Grand Hyatt Seoul (near the Water Fountain).

0830-1200 hours: Move from Seoulto Samcheok City, Gangwon Province.

1230-1500 hours: Luncheon hostedby Chairperson Yeo and attended by the local government and civic leaders aswell 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.

1600-1700 hours: Introduction tothe complimentary use of the facilities of the new Hotel by the Ambassadors andtheir Families.

1700-2030 hours: Arrive back atGrand 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:_____.

Special Note: Excellencies who cannot make it on that day could berepresented by their spouse or a second-in-command.

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2.Samsung Electronics, LG Electronicsand 5^th Navy Headquarters as well as PyeongtaekCityon the West Coast on Wednesday 17 August 2016.

(Invitationhas already been transmitted to Your Excellency.)

3.The Korea Institute of Civil Engineeringand Building Technology on Friday 19 August 2016.

(Invitationhas already been transmitted to Your Excellency.)

For story andpix on the 2016 Yecheon World InsectExpo, which was attended by Prime Minister Hwang Kyo-ahn and 20 otherimportant central and local government and civic leaders, please visitwww.koreapost.com.

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

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

KOSPIRebounds on Thursday

The benchmarkKorea Composite Stock Price Index(KOSPI) rebounded on Thursday, recovering tothe two-thousand point threshold as global oil prices...

DefenseMinistry: Alternative THAAD Site Can be Considered

Amid strongprotest against the THAAD deployment in Seongju, North Gyeongsang Province, theDefense Ministry has said it will examine an alternative...

PresidentPark Vows to Spare No Efforts to Host World Scout Jamboree

KOSPIRebounds on Thursday

DefenseMinistry: Alternative THAAD Site Can be Considered

UNSCMembers Discuss Response to N. Korean Missile Launch

Gov't:Sharing THAAD Radar Data with Japan Possible 

Parkto Consider Alternative THAAD Site within Seongju

USAir Forces Deploy F-16 Fighters and Airmen in S. Korea

SeoulCity Starts Providing Allowances to Young Job Seekers

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

U.S.court rejects Japanese right-wing group's demand for removal of 'comfort women'statue

A U.S. courton Thursday rejected a demand from a right-wing Japanese group that a girl'sstatue symbolizing victims of Japan's wartime sexual slavery be removed fromt...

Ex-S.Korean football coach behind South Sudan's entry into Rio Games

It's a"miracle" for war-torn South Sudan to even be in Rio de Janeiro forthe Summer Olympics, says a former South Korean football coach who helped makeit happen.

S.Korean ships safe from pirates amid worldwide drop in piracy in H1

No SouthKorean ships were attacked by pirates in the first six months of the year,while piracy on the whole dropped from a year earlier, the government saidFriday.

S.Korea looking to continue Olympic judo tradition

Judo has beenone of South Korea's most consistent source of Olympic medals, and the judokaswill try to keep the tradition alive in Rio de Janeiro starting this ...

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

Samsungseen sizing up smart car business

SamsungElectronics is a late starter in the already competitive smart car business,but recent...

U.N.response to N.K.'s missile test derailed

Signs ofdiscord have emerged in international collaboration on North Korea’s nuclearand miss...

Slowdigitization of birth records hinders adoptees’ searches

The number ofKorean adoptees who requested to see their birth records increased dramaticallyf...

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

Seniorjudge caught red-handed at brothel 

A senior judgewas caught at a brothel in Seoul, police said Wednesday. 

Pastorembroiled in teenage girl sex scandal 

Pastor LeeDong-hyun, head of popular Christian teenage evangelical community “Rise UpMovement,” ...

People'sParty opposes selling map data to Google 

The minoropposition People’s Party said Thursday that Google should not be allowed touse the country’s map data for commercial purposes because it could und...

Disputeover youth subsidy goes to court 

The disputebetween the Seoul Metropolitan Government (SMG) and the Ministry of Health andWelfare over a “youth subsidy” is developing into a full-blown lega...

Koreaincreasingly unattractive for foreign investors 

Korea hasincreasingly become unattractive in the eyes of foreign investors as a placefor doing business, due to low transparency of public policy and low po... 

Smartpeople 'messy, swear more, stay up longer' 

Intelligentpeople are more likely to be messy, swear more and stay awake longer, studieshave fou... 

POSCODaewoo secures ship-building materials deal with Indonesia 

POSCO Daewoohas signed a memorandum of understanding (MOU) with Indonesian shipbuilder PT.Pal to...

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

Deadlyknife rampage occurs in the heart of London

A 19-year-oldman wielding a knife went on a deadly rampage in central London. A woman waskilled and five other people injured. …

Park:Other site within Seongju could be reviewed for THAAD

On controversyover the planned deployment of terminal high-altitude area defense (THAAD),President Park Geun-hye said on Thursd…

LGElectronics to unveil flagship phone V20 on Sept. 7

LG Electronicswill reveal its premium smartphone "V20," the second of its"V" series both in Seoul and San Francisco in next mon…

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

China Produces Fake N. Korean Defectors

China is rolling out fake North Korean defectors who thenapply for asylum overseas and reap medical and other benefits from foreigngovernments.

Trump Aims Potshots at Korea-U.S. FTA

U.S. Republican Party presidential candidate Donald Trumpon Tuesday denounced the Korea-U.S. free trade agreement as a"disaster."

Seoul City Gives Contentious Handout to YoungJobseekers

The Seoul Metropolitan Government on Wednesday awarded aW500, 000 allowances to some 2,800 handpicked young unemployed people.

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

Moreand more comfort women statues springing up, in and out of South Korea

While theJapanese government under Prime Minister Shinzo Abe puts pressure on the SouthKorean government under President Park Geun-hye to remove or relocate thecomfort women statue from in front of the Japanese Embassy...

InChina, backlash growing over South Korea’s THAAD deployment

Media issuingstrongly critical statements, while South Korean businesses having tougher timegetting visas

ConstitutionalCourt upholds military’s ban on sodomy

On July 28,the same day that the Constitutional Court handed down a decision finding allof the contested provisions in the anti-corruption “Kim Young-ran Act”constitutional, another important but little-noted sentence was also being handeddown.

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

12-year old hangs himself, parents ask why

When a 12-year-old boy was discovered hanged to death inthe bathroom of a hagwon (private cram school)…

Galaxy Note 7 price tag: $887

The Galaxy Note 7, unveiled on Tuesday, will retail at988,900 won ($887), the three mobile carriers…

Emissions scandal affects import car sales

The number of import vehicles sold in July totaled15,730, down 24 percent from the previous year…

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

[Editorial] Oxy Announces Compensation Planwith Parliamentary Investigation Still Ongoing: Wrong Order

Oxy Reckitt Benckiser, a British multinational companyand also the biggest company whose humidifier sterilizers caused the mostnumber of deaths, released a co···

[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···

[Editorial] Allegations of Secret LegalRepresentation by Woo Byung-woo, Pro-Park Woes, THAAD and Chaos in StateAffairs in General

The Park Geun-hye government's state administration is inan overall chaos as it enters its fourth year. Chief prosecutor Jin Kyung-joonwas confirmed to have a···

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

Why Samsung Electronics Are Keen to AcquireFiat’s Auto Parts Unit

Attention is high for Samsung Electronics’ move in theautomotive electronics equipment business, amid news that it is pushing toacquire an auto parts unit of Italian automaker Fiat Chrysler (FCA). Bloombergreported on August 3 that Samsung Electronics is in talks with FCA to take overthe latter... 

LG Electronics to Unveil V20 on Sept. 7 bothin Korea and US 2016-08-04 18:12

LG Electronics plans to unveil its new strategicsmartphone model V20 simultaneously in South Korea and the US on September 7(Korean time). On August 4, LG Electronics sent a letter of invitation titled"Save the date" to a group of journalists worldwide, hinting that itslatest smartphone model V2...

Brazil Funds Boast High Yields Ahead of RioOlympics 2016-08-04 17:27

Brazil funds are enjoying more than 40 rates of return onback of high expectations for Rio Olympics and rebounding prices of rawmaterials. Drawing attention is whether this strong trend can be continued tillthe end of this year. Over the past 10 years, share prices of countries whichhosted major...

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AJU BusinessDaily (http://eng.ajunews.com/korea)

Competitiongrows to acquire South Korean insurers

[Courtesy ofMirae Asset Life Insurance] ? A turf war has intensified in South Korea's insurancemarket after …

CJvows to use Hallyu for growth in entertainment business

South Korea'sCJ Group vowed Monday to boost global sales of its two entertainment units…

Daewooshipyard wins $180 mln order from Singaporean client

[Courtesy ofDaewoo Shipbuilding & Marine Engineering] South Korea's troubled shipyardDaewoo Shipbuilding & …

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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/ )

S.Korean prosecution probes ex KDB chief for shady deals via DSME

The SouthKorean prosecution investigating Kang Man-soo, former chairman of KoreaDevelopment Bank (KDB) Financial Group and CEO ...

Netmarblechooses Kospi over Nasdaq to go public

South Korea’sleading mobile game developer Netmarble Games Corp. has begun the process to gopublic on the country’s main ...

Shortselling of Hyundai Merchant Marine shares fuels controversy

Controversy isbrewing over institutional investors’ large-scale short selling of HyundaiMerchant Marine Co. stocks ahead of ...

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Sendyour news releases and feedback:

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 Excellencies to 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 orsecretary:____________________.     Regrets:_____.

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