Top headlines in major S. Korean newspapers

SEOUL, Aug. 11 (Yonhap) -- South Korean newspapers reported on various significant developments and statements on August 11. In Korean-language dailies, Gimmick found in carbon reduction goal (Kyunghyang Shinmun) highlighted a 3 mega initiative to break ground this year. Lee called for the temporary relocation of the Gwangju military air base by 2028 in Donga Ilbo.

Seoul Shinmun reported on full-scale efforts for a southwestern chip hub set for completion in 2 years. The government will stand surety for relocation costs in property development according to Segye Times. Lee again called for the relocation of the Gwangju air base function in 2 years in Chosun Ilbo. Loan cap policy prompted an open run for loan seekers in JoongAng Ilbo.

Unguarded against heat wave; Korean dream shattered (Hankyoreh) discussed the impact of the heat wave on the nation. The government launched full-fledged efforts for a mega development project in Hankook Ilbo. Self-employed faced challenges due to reliance on family labor over employees in Maeil Business Newspaper. Policy, supply and demand, and earnings ignited the KOSDAQ in Korea Economic Daily.

English-language dailies reported that Lee ordered the relocation of the Gwangju air base by mid-2028 for the chip hub (Korea Herald). Housing and prosecution reform dragged the president's approval to a record low in Korea Times. Samsung eyes dividends of US$71 bln, SK hynix may follow in Korea JoongAng Daily.