The Korean daily media headlines and humor

TheKorean daily media headlines and humor

Thursday, August11, 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

--------------------------------------------------------------------------------------------------------

Time’s running out! Now there’s only two day left tothe cool, refreshing East Coast tour! Make your reservation now!!!

And also grab the rarestchance to receive a prestigious Plaque of Appreciation in memory of the Tour

Samcheok one of the rarest cool zones in Korea in the middle ofburning mid-summer weather!

Samcheokand some other areas on the East Coast are the only Cool Zone today spared from the Burning Temperaturesof Korea.So use the God-given opportunity to cool off the heat by joining The Korea Post tour of the Gracia Boutique Hotelon the upcoming Saturday. Don’t miss it! You will regret passing it up!

Countdownhas begun to the cool, refreshing tour of the picturesque East Coast city ofSamcheok and the classy deluxe resort hotel, Gracia Boutique Hotel.

Ina rare display of goodwill and friendship for the Excellency and SeniorDiplomats, the host and the city government leaders are presenting theAmbassador (or the deputy) of each country attending the Tour with a prestigiousPlaque of Appreciation, as shown above.

Hereare details of the tour of the Gracia Boutique Hotel:

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:_____.

Forattendance, Excellencies (and deputies) please call Chairman Lee of The KoreaPost at cellphone 010-5201-1740.

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

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Other tours:-

1. Samsung Electronics, LG Electronics and 5^th Navy Headquarters as well as Pyeongtaek City on the West Coast on Wednesday 17 August 2016.(Invitation has alreadybeen transmitted to Your Excellency.)

2. Korea Institute of Civil Engineering and Building Technology on Friday 19 August 2016.

(Invitationhas already been transmitted to Your Excellency.)

----------------------------------------------------------------------------------------------------------------------------------------------------------

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

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

Pres.Park Stresses Development of Innovative Technologies

Anchor:President Park Geun-hye has stressed that a country’s future depends on howmuch and how fast it develops innovative technologies. Park...

Gov’tOpposes Reopening of Gaeseong Factory Park 

TheUnification Ministry has expressed opposition to a proposal to resumeoperations of the inter-Korean Gaeseong Industrial Complex in North...

SeoulRegrets Failure to Adopt UNSC Statement on N. Korea Provocations

Pres.Park Stresses Development of Innovative Technologies

Gov’tOpposes Reopening of Gaeseong Factory Park

USMissile Defense Head to Visit S. Korea over THAAD

94College Students to Visit Dokdo for Liberation Anniversary

RFA:China Exports Goods to N. Korea at Night

S.Korea Delays Decision on Google's Export of S. Korean Maps

LeeJung-hyun Elected Saenuri's New Chairman

Gov't,Ruling Party Agree on 3-4% Increase in Next Year's Budget

--------------------------------------------------------------------------------------------------------

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

S.Korean Kim Jung-hwan wins fencing bronze

South Koreanfencer Kim Jung-hwan captured bronze in the men's individual sabre at the Riode Janeiro Olympics on Wednesday.

Economicrecovery, not FTA, led to increase in U.S. imports from S. Korea: official

U.S. importsfrom South Korea have risen in recent years mainly because the U.S. economy haspicked up, a senior Korean official said Wednesday, rejecting Donald Trump'...

(Olympics)N. Korean shooting medalist imagines 'one Korea'  

North Koreanshooter Kim Song-guk took the bronze medal in the men's 50m pistol at the Riode Janeiro Olympics, while South Korea's Jin Jong-oh won the gold.

Religiousfreedom 'non-existent' in N. Korea: annual U.S. report 

The exerciseof religious freedom continued to be "non-existent" in North Korealast year as the regime continued to deal harshly with those involved in anyreligiou...-------------------------------------------------------------------------------------------

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

Huaweijumps into consumer tech market with new PC

China’s techgiant Huawei said Wednesday that it will launch a new computer product in SouthK...

Seoulunveils W2.2tr plan to nurture AI, future tech

Korea willinvest 2.2 trillion won ($2.01 billion) over the next 10 years to nur...

Lossessoar from continued heat wave

Damagesrelated to agriculture, livestock and people’s health have been on the ...

--------------------------------------------------------------------------------------------------------

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

'Thisis why we do the Olympics' 

Photos ofSouth Korean gymnast Lee Eun-ju taking a selfie with rival Hong Un-jong fromNorth Korea...

Taxpayerspay for snowballing losses on expressways 

The governmenthas come under fire for causing taxpayers to shoulder snowballing costs forexpressways built “recklessly” under private-public partnerships.

Comfortwomen fund faces bumpy road 

Korea andJapan are expected to wrangle over semantic clarity on the latter’s funding fora foundation dedicated to former wartime sex slaves, diplomatic anal... 

NorthFace under fire for printing 'Sea of Japan' on jacket 

U.S. outdoorapparel giant North Face has been criticized for printing “the Sea of Japan” onone o...

China'sTHAAD objection thwarts UN censure of NK 

China hasrefused to lend support for the United Nations to press North Korea harder dueto its strong opposition to the planned deployment of a U.S. Terminal... 

Rio2016: French fencer foiled as he drops phone during bout 

Spectators atthe Carioca Arena 3 could hardly believe it when a mobile phone fell out of aFrench... 

IsTHAAD casting cloud over Korean pop culture? 

With theKorean government's decision to deploy a U.S. Terminal High Altitude AreaDefense (THAAD)...

Presidenttightens grip on party 

The electionof Rep. Lee Jung-hyun, a close confidant of President Park Geun-hye, aschairman of the ruling Saenuri Party is expected to allow Park to tighten...

IMFdirector warns against Korea following Japan's example 

“Korea,like Japan, could be exposed to 'secular stagnation’ in a few years because ofdemographic and other problems. 

Descendantsof independence patriots head to Korea 

Ninedescendants of three foreign independence patriots during Korea’s occupation byJapan (1910-4...

--------------------------------------------------------------------------------------------------------

DongAIlbo (http://english.donga.com)

3B-2 bombers deployed to Guam as nuclear umbrella

The U.S. hasforward-deployed B-2 stealth bombers to Andersen Air Force Base in Guam onTuesday, followed by the recent deploymen…

Waveof national flags on S. Korean border island

“Wewish to create a wave of Taegeukgi at this site where you can see North Koreanwaters and sense the pain and agony of a divid…

Balloontrip over Hwaseong Fortress launches today

From now on,people can look down the landscape of Hwaseong Fortress, a UNESCO-designatedcultural heritage site, from up in the …

-------------------------------------------------------------------------------------------------------

ChosunIlbo (http://english.chosun.com)

China Blocks UN Security Council Statement onN.Korea

China has blocked a UN Security Council statementcondemning North Korea's latest missile tests.

UNICEF Gives Nutrition Aid to N.KoreanChildren

UNICEF has been giving nutrition aid to some 1.7 millionchildren in North Korea since January, Radio Free Asia reported on Tuesday.

Top 100 Companies See Sales Dwindle for 3rdYear

The sales of the nation's top 100 companies have beendwindling. This has not happened since Korea began industrializing in the1960s.

-------------------------------------------------------------------------------------------------------

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

Warbetween US and China would be regional, fought with conventional weapons

RANDcorporation report analyzes possibility of war in the western Pacific betweenthe two powers

AsSaenuri picks new leader, independence from Blue House further diminished

Veteranlawmakers from the greater Seoul area assessed the outcome of the rulingSaenuri Party’s convention on Aug. 9, arguing that while party relations withthe Blue House may remain “in good shape,”

-------------------------------------------------------------------------------------------------------

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

Korean football team advances to quarterfinals for first time in Olympic history

For the first time Korea’s Olympic history, its footballteam will advance to the quarterfinals as the top of its group…

Electricity bill ‘bombs’ prompt pricingquestions

Kang Chan-soo couldn’t believe his eyes when he got hismost recent electricity bill. In an effort to fight…

Unemployment swells in shipbuilding south

The restructuring of the shipping and shipbuildingindustries is taking its toll on jobs. Although…

--------------------------------------------------------------------------------------------------------

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

[After the THAAD Decision: Debate Heats Up]President Park Opts to "Divide Sides" to Overcome THAAD Crisis

During a meeting of Cheong WaDae senior secretaries onAugust 8, President Park Geun-hye openly condemned the opposition lawmakersopposing the placement of th···

"Dog Meat Debate" Resurfaces Duringthe Olympics

Ki Bo-bae, who won a gold medal in the female archeryteam event at the Olympics in Rio de Janeiro, was condemned on a social networkservices (SNS) site becaus···

'Government Should Not Cancel Youth AllowanceProject' District Heads in Seoul Oppose Government Position

The heads of gush, local districts in Seoul are opposingthe central government's latest move to withdraw the city's Youth ActivitiesSupport Project (Youth Al···

--------------------------------------------------------------------------------------------------------

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

[Lee Jung-hyun Elected Saenuri Leader] PartyBecomes Park Geun-hye's Royal Guards in 4 Months, Not Interested in HoldingPro-Parks Responsible for Election Defeat

In the end, the Saenuri Party selected President ParkGeun-hye and the "pro-Park" members. Lawmaker Lee Jung-hyun known asPark Geun-hye's mouth and Park Geu···

[Rio Olympics] A Challenging Spirit Brighterthan Gold: You Are the Hero

Kim Jan-di (Yangju City Hall), a South Korean judoathlete who competed in the women's 57kg event, spent four years preparing forthe 2016 Rio Olympics, only t···

[After the THAAD Decision: Debate Heats Up]President Park Opts to 'Divide Sides' to Overcome THAAD Crisis

During a meeting of Cheong WaDae senior secretaries onAugust 8, President Park Geun-hye openly condemned the opposition lawmakersopposing the placement of th···

--------------------------------------------------------------------------------------------------------

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

(Oly)North Korean shooter mentions one Korea power

A North Koreanshooter speaks at the Rio news conference.[Yonhap News Photo] North Koreanshooter Kim Song-guk took the bronze medal in the men's 50m pistol at…

(Oly)Swimmer Park pulls out of last race to return hom…

Slumping SouthKorean swimmer Park Tae-hwan has pulled out of his last race at the Rio deJaneiro Olympics. Park will not compete in the 1,500m…

(Oly)Jin captures gold in men's 50m pistol

South Koreanshooter Jin Jong-oh captured gold in the men's 50m pistol at the Rio de JaneiroOlympics. Jin scored an Olympic record 193.7 p…

--------------------------------------------------------------------------------------------------------

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

MiraeAsset in progress to create luxury resort along east coast

A consortiumled by Mirae Asset Financial Group was selected as a preferred bidder to buildan oceanside resort complex in ...

BNKFinancial Group to deliver highest ROE among lenders in 2016

BNK FinancialGroup, the holding company of South Korea’s regional lenders Busan Bank andKyongnam Bank, is projected to ...

Nomore financial support for Hanjin Shipping, says FSC chairman

The SouthKorean government reiterated that there would be no more bailout for HanjinShipping Co. and the country’s largest ...

-------------------------------------------------------------------------------------------------------

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:

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:_____.

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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 (nearwater 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:_____.

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------