July 14, 2011

TheKorean daily media headlines and humor

Thursday, July 14, 2016

Your Excellency:

Here are The KoreaPost notices and a 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 2016 YecheonWorld 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])

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

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

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

'PatriotInterceptors Best to Defend Capital Region'

The DefenseMinistry has dismissed concerns that the U.S. Terminal High Altitude AreaDefense(THAAD) battery will not cover Seoul and the capital...

AssemblySpeaker Repeats Calls for Constitutional Revision

NationalAssembly Speaker Chung Sye-kyun has repeated calls for a constitutionalrevision, saying that it is a historical task that must be fulfilled...

PresidentPark to Leave for Mongolia for ASEM Summit

'PatriotInterceptors Best to Defend Capital Region'

AssemblySpeaker Repeats Calls for Constitutional Revision

Gov'tOfficially Announces Seongju as Site for THAAD

SeongjuResidents Rally against THAAD in Town

UpgradedAntisubmarine Patrol Aircraft Delivered to Navy

TheMinjoo to Set up Committee to Handle THAAD Deployment Issue

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

S.Korean-born archery coaches abound at Rio Olympics

If the SouthKorean archers were to accomplish their goal of completing the gold medal sweepat the Rio de Janeiro Olympics next month, they will likely have to beat teamscoached by their compatriots.

Nexonfounder summoned over senior prosecutor's stock purchase scandal

rosecutorssummoned the founder of South Korea's leading online game maker Nexon Co. onWednesday over his alleged involvement in a senior prosecutor's suspiciousstock transactions.

S.Korea, Switzerland agree to cooperate to curb trade protectionism

The leaders ofSouth Korea and Switzerland agreed Wednesday to work together to stem the riseof trade protectionism, noting the importance of open, free trade forsustainable growth, the presidential office here said.

S.Korea, U.S. pick southern county of Seongju to deploy THAAD

South Koreaand the United States picked the mountainous southern town of Seongju as thelocation to deploy a Terminal High Altitude Area Defense (THAAD) system onWednesday, as the allies are speeding up efforts to put in place theanti-ballistic missile shield to counter North Korea's growing nuclear andmissile threats.

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

Prosecutiongrills Nexon founder on suspicion of insider trading

Prosecutors onWednesday grilled Kim Jung-ju, founder of the nation’s largest game firm Nexon,on suspicion that he gav...

Seoul’sChina dilemma deepens after South China Sea ruling

In theaftermath of the Hague tribunal’s ruling on the South China Sea, Seoul’sdilemma is po...

Koreato push for extra spending amid rising youth unemployment

South Korea’srising youth unemployment rate will be enough reason for the government to push...

LGDisplay to bet on mobile OLED

PAJU -- Thechief of LG Display, the world’s largest maker of liquid-crystal displays, saidhe...

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

Governmentcautions tourists to Brazil during Rio Games 

Koreantourists should pay extra caution visiting Brazil during the Rio Olympics, saidthe Ministry of Foreign Affairs (MOFA), Wednesday, citing five risk fac... 

Sulfuricacid spill kills worker at Ulsan plant 

A worker hasdied 14 days after a sulfuric acid leak severely burned him.

Youthjobless rate soars to record high Jobless rate jumps in South GyeongsangProvince 

The joblessrate of the young people soared to record high in June as companies stoppedhiring due to the sluggish economy. 

It'sall go, go, go for Korea's 'Pokemon Go' players 

Smartphonegame “Pokemon Go” has become an international sensation after its release onJuly 6 in ...

'Therapycafes:' coffee, chat and plenty of advice 

A couple intheir 20’s enters a seemingly normal cafe in Daehangno, Seoul.

Shipbuildersstruggling to get bank guarantees 

Hyundai HeavyIndustries (HHI) and other shipbuilders are experiencing difficulties inwinning new orders due to the reluctance of banks to issue credit guara... 

Timefor truth has come: Maestro Chung 

Maestro ChungMyung-whun, the former director of the Seoul Philharmonic Orchestra (SPO),arrivedi... 

It'sa gas: Counties plan to can Mt. Jiri forest air 

Clean air fromMt. Jiri, a popular Korean tourist attraction, will come in takeaway cans fromnext...

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

Ikeastill sells chests in Korea despite tip-over hazard

Ikea, amultinational furniture supplier, has announced that it will make refund forchests that have caused child deaths oversea…

TheWall’ wins the award for best human rights feature

A movieillustrating that North Koreans are living life like puppets under the Kim JongUn regime has acquired the best human rig…

Obama,Bush together mourn slain Dallas police officers

U.S. PresidentBarack Obama and former President George W. Bush on Tuesday stood side by sideat the memorial at the Morton H. Me…

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

Traditional Punch Helps Cool Off on Hot Days

Hwachae or traditional punch made with various fruits oredible flower petals is one of the popular drinks to help Koreans beat thesummer heat.The first step to preparing a bowl...

Transgender Bathroom Fight Reaches U.S.Supreme Court

A school board in the eastern state of Virginia has filedan emergency appeal to the U.S. Supreme Court to halt a ruling that allows atransgender student to use the boys'...

Amnesty International Calls on Vietnam to EndTorture

Amnesty International has called on Vietnam to end whatit says is torture and ill treatment against prisoners of conscience.In areport released Tuesday, the human rights group..

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

Source:Foreign Minister was opposed to THAAD deployment

Yun Byung-sehad reportedly felt that THAAD would make it more difficult to coordinate on N.Korean sanctions.

Ministerof National Defense says THAAD is “merely an artillery battery”

On July 13,Ryu Jae-seung, head of the Ministry of National Defense policy office,announces Seongju, North Gyeongsang Province as the site of deployment of theTerminal High-Altitude Area Defense (THAAD) system. Speaking at an afternoonbriefing,

[Interview]How far will Volkswagen Korea’s emissions scandal go?

“It’sa rare case of fraud, of the sort that’s seen once in a century, if even that.”That’s how attorney Ha Jong-seon of law firm Barun Law, who is leading a classaction lawsuit in South Korea, described Volkswagen’s emissions cheating.

Eating,going to movies alone now more common in South Korea

Kim Mi-jin,27, is comfortable living alone in a studio apartment near her place of work.She eats alone in a neighborhood restaurant, listens to music and drinks coffeealone at a cafe, and likes to watch art films alone. Kim says,

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

Gamers rush to Sokcho for Pokemon Go GPSsignal

Pokemon Go, the newest mobile game from Nintendo that hascaught the world by storm, is not yet active in Korea…

Seoul tries to remain neutral after SouthChina Sea ruling

Seoul is in a tight spot following the ruling on theSouth China Sea dispute by an international tribunal…

2 Hyundai labor unions begin vote on strike

The labor unions of Hyundai Heavy Industries and HyundaiMotor began a vote Wednesday…

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

[THAAD to Be Placed in Seongju, Gyeongsangbuk-do]ROK-US to Make the Announcement Next Week: Seongju Residents to Stage Rally onJuly 13

On July 12, it was revealed that South Korea and the U.S.had practically decided to place the Terminal High Altitude Area Defense(THAAD) system in Seongsan-ri···

[Editorial] [Territorial Disputes in theSouth China Sea] The Ruling on the South China Sea Should Not Become the EmbersFueling Conflicts Between the U.S. and China

On July 12, the Permanent Court of Arbitration in TheHague ruled that there were no legal grounds for the "Nine-DashLine," on which China bases its claims of dominium over the South ChinaSea. The···

President Park Mentions Another Airport,

'Relocate Military and Civilian Daegu Airport'On July 11,President Park Geun-hye announced that she would relocate the Daegu Airport,which had been used by both the military and civilians, to the vicinity···

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

Seongju THAAD Base Will Protect 2/3 of SouthKorea from North's Missile Threattop news

The military authorities of Korea and the United Statesannounced on July 13 that they would deploy the Terminal High Altitude AreaDefense (THAAD) anti-ballistic missile system in Seongju (North GyeongsangProvince) as a way to defend South Korea from the nuclear and missile threatfrom North Korea... 

Household Debt Balance Surpasses 500 Tril.Won for the First Time

Despite the government's measures to rein in the risingbalance of household debt, it doesn't seem the rapidly rising pace would let upany time soon. According to data on the financial market released by the Bankof Korea on July 13, the balance of household debt with the banking sector asof the e...

POSCO and Hyundai Steel Stocks Soar on Newsof Chinese Crude Capacity Cut

On the news that Baosteel, China's No. 2 steel maker,will cut back on its crude steel output, Korean steel stocks soared across theboard in anticipation that the chronic supply glut in the industry wouldfinally be relieved. On July 13, POSCO shares were closed at 227,000 won, up6.82 percent from...

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

ChineseK-pop singers criticize South China Sea ruling:…

[Aju News DB]Chinese members of South Korean girl groups protested on social media platformsagainst the international court's South China Sea ruling. Vi…

SouthKorea designates site for US missile defense shie…

Ryu Je-seung,a senior defense ministry official, prepares to announce the site for a USmissile shield. South Korea and the United States Wednesday…

[FOCUS]South Korean gamers flock to coastal city just …

[Courtesy ofPok?mon Go YouTube Channel] Nintendo's "Pok?mon Go" hasn't yet madeits official debut in South Korea, …

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

[Global e-shopping]FUNNYLOVE: 100%made-in-Korea family looks...

An online brand specializing in “family looks,” FUNNYLOVE(www.funnylove.co.kr) is steadily gaining popularity. FUNNYLOVE started as a

[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

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

HyundaiMotor to unveil concept sports car of N sub brand at Paris Motor Show

Hyundai MotorCo., South Korea’s largest carmaker, will unveil a concept sports car of itsN-brand high-performance line developed in cooperation with German chemicalgiant BASF at the ...

Auctionfor Kumho Tire expected to open as early as August

Creditors ofKumho Tire Co. are expected to embark on the process of selling their combined42.01 percent stake in the South...

SamsungElectronics to unveil Galaxy Note 7 on Aug. 2

SamsungElectronics Co., the world’s largest smartphone maker by shipments, will unveilits premium Galaxy Note 7 smartphone at...

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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

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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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