July 11, 2016

TheKorean daily media headlines and humor

Monday, July 11, 2016

Your Excellency:

Here areThe KoreaPostnoticesanda 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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Asingle day tour of the 2016 Yecheon World Insect Expo

MayorLee Hyun-joon of the Yecheon County of Gyeongsangbuk-do Province cordiallyinvites Your Excellency and Madam to attend the Opening Ceremony of the 2016Yecheon World Insect Expo on Saturday July 30, 2016,which is attended by Prime Minister Hwang Kyo-ahn on behalf of PresidentPark Geun-hye.

Pleasescroll down to the bottom of this Headlinesfor further details and (many) more photos as well as Letter of Invitation ofMayor Lee at the bottom of this Headlines. (For registration, please call Ms.Kim Jeong-mi at 010-3388-1682 or Reporter Aaron Bae at 010-4556-6148 [English])

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

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

TopOffice: THAAD is Self-Defense 

Thepresidential office in Seoul has defended its decision for the U.S. deploymentof the Terminal High Altitude Area Defense, or THAAD, battery,...

DefenseMinister: THAAD Can Intercept N. Korea's SLBM

DefenseMinister Han Min-koo says that the United States Terminal High Altitude AreaDefense (THAAD) battery to be deployed in South Korea

TopOffice: THAAD is Self-Defense 

[Exclusive]DM Justifies THAAD against Criticism

DefenseMinister: THAAD Can Intercept N. Korea's SLBM

Parkto Consider Saenuri Amnesty Proposal

JCS:N. Korea Test Fires Submarine Missile 

WashingtonTries to Ease Chinese THAAD Concerns

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

N.Korea's SLBM years away from operational: U.S. expert

North Korea isexpected to conduct submarine-launched ballistic missile tests more frequently,but the communist nation still faces significant technical challenges and needsat least several more years to deliver an operational system, a U.S. expertsaid.

SenateArmed Services Committee chairman welcomes THAAD deployment in S. Korea

The chairmanof the U.S. Senate Armed Services Committee has welcomed a decision to deploythe U.S. THAAD missile defense system in South Korea, saying China should reinin North Korea rather than trying to limit Seoul's ability to defend itself.

Taeyeonof Girls' Generation sets milestone for S. Korean girl group singers

Taeyeon ofSouth Korean group Girls' Generation has set a milestone for all female idolsingers with "Butterfly Kiss," the country's first solo concertstaged by a single singer active in a girl group.

Seoulsays it's not time to talk about resuming inter-Korean tour program

The SouthKorean government said Sunday it is not appropriate to talk about theresumption of an inter-Korean tour program, which has been put on hold foryears, amid the North's continued military provocations.

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

Ex-USFKchief Scaparrotti expresses serious concern about N.K. missile capabilities

Former U.S.Forces Korea Commander Curtis Scaparrotti has expressed serious concern aboutNorth Korea's missile capabilities after the communist nation carried out thelatest test of its submarine-launched ballistic missile."Kim J...

N.Korea's SLBM years away from operational: U.S. expert

North Korea isexpected to conduct submarine-launched ballistic missile tests more frequently,but the communist nation still faces significant technical challenges and needsat least several more years to deliver an operational s...

N.Korea threatens 'physical action' against THAAD deployment

North Korea onMonday warned it will take "physical action" against South Korea andthe United States over the allies' decision to deploy an advanced U.S. missiledefense system in South Korea. North Korea's military said it will s...

Uzbekistanhosts Shanghai Cooperation Organization

The UzbekEmbassy organized a seminar last week to publicize the country’s hosting of the15th summit of Shanghai Cooperation Organization, which was held in Tashkent inlate June. The event, which saw the participation of various...

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

LeeJae-rok's books featured at Int'l Christian Show

TheInternational Christian Retail Show 2016, organized by Christian BooksellersAssociation (CBA), was held from June 26 to 29 at Duke En...

Janghelps office workers explore career paths

Jang Soo-han,31, worked for Samsung Electronics for over four years, but realized that hedidn’t wish to spend the rest of his life there.

Jointdrug distribution

Green CrossPresident Huh Eun-chul, left, poses with IsuAbxis CEO Kim Dae-sung, aftersigning a business alliance agreement to ...

Koreanchipmakers face Chinese threat

The “NewMemory Paradigm” is now dead, ushering in a new leg of the “Old MemoryParadigm.”

JiSung with Ryu Hyun-jin

Korean actorJi Sung, right, walks off the field with Los Angeles Dodgers pitcher RyuHyun-jin after throwing the ceremonial ope...

NGOleader to expand NK aid projects

Yi Il-ha,chairman of the board at the international relief and development organizationGood Neighbors, plans to expand aid projects for ...

CosmeticsCEO started small, but dreams big with collagen

CHEONGJU,North Chungcheong Province - Lee Kyoung-sook, 52, didn’t envision herselfrunning a “K-beauty” or Korean cosmetics company. A Ko...

MCDing Dong, biggest star hosting live shows

There isalways a hidden hero behind every show. MC Ding Dong is everywhere, from TVshows to K-pop showcase events, either as a warm-up a...

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

'THAADcan intercept N.K.’s SLBM,' says defense minister

North Koreastarted demonstration of force by firing a submarine launched ballistic missile(SLBM) on Saturday, a day after South…

K-popsingers get torrents of overnight phone calls from fans

“Ijust want some sleep.”Tae-yeon (see photo), a member of Girls’ Generation, apopular South Korean group, has expressed pain on…

Artworkwith insufficient records is not even eligible for appraisal in Western artworld

“Atan auction held in France in 2007, a little numeric error was found in the yearof artwork production in a work book. After a…

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

France's Sanofi to Work with U.S. Military onZika Vaccine

French pharmaceutical company Sanofi will team up withthe U.S. military to develop a vaccine against the Zika virus, the companyannounced Wednesday. The army's Walter Reed...

Blatter Gets August Appeal Date to Fight FIFABan

Sepp Blatter will go to sport's highest court on Aug. 25to challenge his six-year ban from football for approving a $2 million FIFApayment to an adviser. The Court of...

Obama Calls for Mutual Respect as CountryGrieves from Painful Shootings

U.S. President Barack Obama is calling on Americans tomutually respect fellow citizens days after two fatal police shootings ofAfrican Americans and an ambush that killed five...

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HanKyoRehShinmoon (http://english.hani.co.kr)

12-year-oldsask, ‘Adults wear makeup, so why can’t we?’

It was June 24at Sungil Middle School, in Seongnam, Gyeonggi Province, and a desk in a firstyear classroom was covered with all of the cosmetics the female students wearon an average day.

SwimmerPark Tae-hwan going to Rio Olympics, after all

Park Tae-hwan,27, will be going to the Rio Olympics. He finally emerged victorious from abattle that lasted for around four months since Mar. 2, when his 1-year,6-month doping suspension came to an…

Theeffect of China’s economic growth rate on S. Korea has tripled over ten years

Over the past10 years, the effect of China’s economic growth rate on economic growth inSouth Korea has increased threefold, a new report says. A report titled “TheRecent Effect of Changes in Fore…

SouthKoreans no longer count on upward mobility for their children

The results ofrecent research show that most members of South Korean society do not expectthemselves or their children's generation to be able to raise their socialstatus. Statistics Korea collect…

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JoongAngIlbo(conservative) (http://koreajoongangdaily.joinsmsn.com/)

Secret to success for start-ups is goingglobal

Start-up is an almost tired buzzword on the Korean techscene. Venerable tech giant Samsung Electronics…

Korea is late to UAV game, while China hasthe ‘Apple of drones’

Development of unmanned aerial vehicles (UAVs), ordrones, in Korea long centered around reconnaissance…

Businesses fear Thaad fallout

The U.S.-led deployment of the Terminal High AltitudeArea Defense (Thaad) system to Korea could have a negative effect…

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

[U.S. Sanctions to Directly Target KimJong-un] A 'Verbal Bomb' Expected from North Korea for 'Insulting the SupremeLeader'

On July 6 (local time), the U.S. government decided toinclude Kim Jong-un, chairman of the Workers' Party of Korea among the targetsof sanctions on charges o···

[Contemporary Views] Independent PublicBroadcasting Starts from Appointing an Unbiased President

On June 30, a transcript of a phone call made by SaenuriParty lawmaker Lee Jung-hyun when he served as the Cheong WaDae press secretarywas released. Accordin···

[Editorial] Public Prosecutor General KimSoo-nam's Laid-back Perception of Reforms in the Prosecutors' Office

The foundation of the Prosecutors' Office is shaking withthe Hong Man-pyo scandal, chief prosecutor Jin Kyung-joon’s massive stockearnings, and the suicide ···

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

Hyundai Mobis Set to Pass 4 Mil. Mark inCumulative Module Supply for Chrysler

This year marked the tenth anniversary for Hyundai Mobisto set up its American unit Mobis North America and launch its module supplyfor the U.S. car maker Chrysler. By the end of this year, Hyundai Mobis' supplyof modules for the American car maker is expected to reach 4 million units.Accordin...

UK Pound Continues Free-fall

The value of the British sterling pound continues itsfree-fall to a record-low level since its decision to leave the EU. Accordingto data from Bloomberg on July 10, the value of the pound fell by 12.6 percentduring the period from the beginning of this year to last week, becoming thecurrency whi...

FTC to Hold Meeting on July 20 to DetermineQualcomm's Market Power Abuse Case

The 16-month-long legal spat between the Korean FairTrade Commission and American semiconductor and telecommunications equipmentcompany Qualcomm Inc. over whether the company abused its dominant market powerwill be decided on July 20. As the decision will provide the frame of referencefor the co...

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

Centralbank approves $8.7 billion loan for corporate restructuring

[Courtesy ofthe Bank of Korea] South Korea's central bank approved a special loan of 8.68billion dollars Fr…

Samsunggroup shares rally on rumors about death of ailing boss

Shares of Samsung Group units got an unexpected boostThursday on rumors that ailing group…

KBFinancial completes acquisition of Hyundai Securities

[Courtesy ofKB Financial] KB Financial Group, a major South Korean holding company, saidTuesday it has acquired…

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

KT Doubles Amount of LTE Coverage for Seas

Technologies that can double coverage of maritime LTE upto 200km have been developed. It is predicted that maritime safety will be moreenhanced as LTE communication...

DASAN Networks to Increase Internet Speed inAndhra Pradesh of India by 5 Times

DASAN Networks (Chairman Nam Min-woo) made anannouncement that its affiliate called DASAN Network Solutions(CEOYooChoon-yeol) will start on a project with APSF...

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MaeilBusinessNewsKorea (http://www.pulsenews.co.kr/ )

LGElec releases super-premium kitchen appliance system in S. Korea and U.S

South Korea’sLG Electronics Inc. said on Sunday that it launched premium built-in homeappliance system the Signature Kitchen ...

Korealaunches probe into Ford Explorer for possible exhaust fume leak

The SouthKorean government has launched separate investigation into Ford Motor Co.’ssport utility vehicle (SUV) Explorer ...

LIGNex1 to build its second arsenal in Gimcheon, Korea

LIG Nex1 Co.,precision-guided weapons maker in South Korea, said Thursday that it signed amemorandum of understanding (MoU) ...

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Your Excellency:

Send your latest press release(s) in Korean to(www.koreapost.co.kr) for immediate publication and inEnglishtokorpost@chol.com.

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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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Mayor Lee Hyun-joon of the YecheonCounty cordially invites all the ambassadors, spouses

YecheonCounty government hosts World Insect Expo Yecheon 2016

Locatedat the foot of 1,430-meter high Mt. Sobaek in southeastern part of Korea,Yecheon County has been preserving clean environment with thick foreststhroughout the region. Capitalizing on this clean and eco-friendly environment,the Yecheon County government initiated programs of researching and developingindustrial insects by establishing an industrial insect research institute in1998 ahead of other local autonomous governments. Based on researchachievements, resources and experiences accumulated for a decade, the Countyauthority hosted the first insect expo in 2007 and the Insect Bio Expo in 2012when it showcased as many as 330,000 insects of 100 species, such as honeybees, osmiacornifrons, dynastid beetles, dorcushopeis and protaetiabrevitarsis.(Please scroll down to the bottom for the Mayor’sLetter of Invitation at the bottom of this Report.)

Abird’s eye view of the venue of the World Insect Expo Yecheon 2016

Acknowledgingachievements and programs, the then Ministry of Knowledge Economy (nowintegrated into the Ministry of Trade, Industry and Energy) designated theCounty as the special zone of insect industry in 2009. Encouraged by thedesignation, the municipal government has been concentrating efforts ondeveloping and commercializing insects as well as development of eco-friendlyagriculture. It also built the ecology institute of insects and a butterflyobservation park.

Havinggrown as the home of insects, the Yecheon County government will hold the WorldInsect Expo Yecheon 2016 for 17 days from July 30th (Saturday) to August 15th(Monday), 2016 organized by Yecheon Insect Expo Organizing Committee under thetheme of ‘Smart Future Together with Insects’. The expo is designed to showcasethe mysterious world of insects and vision of insect industry through a largevariety of things to see, experience and enjoy at diverseeco-edutainment-oriented programs of exhibitions, festivals and events. Theexpo facilities will be consisted of six major spaces, including the insecttheme hall, insect experiencing hall, insect industry hall, Fabre’s garden,insect ecosystem park and bio-industry exhibition hall.

EcologicalExperience Hall

Asthe world’s largest insect exposition, programs and events of the World InsectExpo Yecheon 2016 will include special exhibition of edible insects, rareinsects and endangered insects, insect cooking contests, insect food cookingshow, experience of insect foods, children’s cartoon contest with live drawingshow of Kim Pung, a popular webtoonist, eco-friendly painting contest ofchildren, and operation of insect-featuring 3D video show, using thesefacilities. Symposiums on insects and insect industry will also take placeduring the Expo.                     

Theinsect theme hall will provide visitors with a chance of reevaluating inherentvalue and features of insects, and exploring future life by presentingpotentiality of insect industry. It will introduce the interesting world ofwaterside insects that fiercely struggle for existence, forest insects thatbuild environment, and smart insects in cities. It will also deliver necessityof the insect industry that emerges as an alternative for preventingdestruction of environment and shortage of resources by highlighting insectsthat help man and keep ecosystemic relations with mankind. At the same time,the hall will display value of insects as sustainable future alternativeresources, and world situation and vision of edible insect industry andinsect-driven eco-friendly agriculture, as well as future technologies thatleverage capabilities of super insects, such as biotechnology, green technologyand robot technology.

Inother halls, including insect experiencing hall, insect industry hall, Fabre’sgarden, insect ecosystem park and bio-industry exhibition hall, they arouseinterest in insects, showcase performance and technologies related with insectindustry, provide information on inherent features of insects, and publicizethat creative agriculture is a vital industry and future growth engine throughsymposiums and workshops. Among programs and events, particularly noteworthyones are the first and premium insect food contest, insect food cooking andtalk show taken part by prominent chefs from Korea, Japan and Bulgaria, andinternational symposium on insect bioindustry.

Asthe venue of the World Insect Expo Yecheon 2016, Yecheon County has a number oftourist attractions, including the Yongmun-sa, a Buddhist temple with historyof over 1,100 years, a 600-year old pine tree named Seoksongryeong, andGeumdangsil Traditional Village. The Yongmun-sa Temple has several nationaltreasures including the Daejangjeon, the oldest wooden building in Korea, andMokbuljwasang, a wooden Buddhist statue. The old pine tree, Seoksongryeong, isunique in that it pays tax to the municipal government as the owner of a largearea of land. The Geumdangsil Traditional Village is preserving manytraditional Korean houses and shrines of ancient aristocrats including a99-roomed house of Lee Yuin, a high-level government official in the JoseonDynasty. Most of these ancient buildings are designated as cultural assets.Another cultural asset in the Village is a dolmen of the Bronze Age.

InsectBio Expo Yecheon 2012

Panoramicview of Yecheon World Insect Expo 2012

Accreditedby International Congress of Entomology (ICE)

Invitationto the 2016 Yecheon World Insect Expo

Iam pleased to inform Your Excellency that Mayor Lee Hyun-joon of the YecheonCounty of Gyeongsangbuk-do Province cordially invite Your Excellency and Madamto attend the Opening Ceremony of the 2016 Yecheon World Insect Expo onSaturday July 30, 2016, which is attended by Prime Minister Hwang Kyo-ahn onbehalf of President 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 Grand 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 to edt@koreapost.com.)

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