July 19, 2016

TheKorean daily media headlines and humor

Tuesday, July 19, 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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MeetPrime Minister Hwang Kyo-ahn at the World Insect Expo,receive a prestegiousPlaqueof Commendation

Pleasedo not pass up this rare opportunity!

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.

Eachparticipating Excellency is presented with a prestigiousPlaque of Commendationas shown in the sample below:`

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])

Asample Plaque of Commendation to be presented to each Excellency:

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Wishto visit a ‘Dream Land’ in Yeocheon? Join the Ambassadors’ TouronSaturday July 30, 2016, which is attended by PrimeMinister Hwang Kyo-ahn on behalf of President Park Geun-hye. Call 010-5201-1740for Chairman Lee Kyung-sik of The Korea Post, who will be with YourExcellency and Madam on the day with his Mrs.

(Please scroll down to the bottom for full details of the Invitationfor the Excellencies and Madams.)

Humor from akind-hearted, colleagues-loving former ambassador from a Middle East country

A daughteris equal to ten sons

Onthe first day of their marriage, wife and husband agreed not to open the doorfor ANY visitor!

Thatsame day, the husband’s parents came to see them, and knocked on the door.

Husbandand the wife looked at each other... The husband wanted to open the door, butsince they had an agreement, he did not, so his parents left.

Aftera while, the same day, the wife’s parents came visiting.

Wifeand husband looked at each other, and even though they had an agreement thewife with tears on her eyes whispered, "I can’t do this to my parents,"and she opened the door! Husband did not say anything.

Yearspassed and they had two boys. Afterwards, they had a third child which was agirl.

Thefather planned a very big and lavish party for the new born baby girl, and heinvited everyone over.

Laterthat night, his wife asked him what the reason was for such a big celebrationfor this baby, while they did not do so for the brothers!

Thehusband simply replied, "Because she is the one who will open the door forme!"

Daughtersare so special...

Yourlittle girl will hold your hand for only a little while, but will hold yourheart for a life time.

It's'DAUGHTER'S WEEK', and if you are a daughter OR have a daughter who makes lifeworth living, by just being around and you love her as much as your own breath,if you are proud of your daughter, or being a daughter, send this to otherpeople who have daughters or who are daughters--as I just did...

Daughtersare angels!

Happydaughter's week!!!

Daughteris not equal to tension

Butin today's world, daughter is equal toten sons.

It’sDaughter’s Week…

A fatherasked his daughter, “Who would you love more, me or your husband?”

Thebest replay given by the daughter: “I don't know really, but when I see you, Iforget him; but when I see him, I remember you.

Youcan always call your daughter Beta, but you can never call your son as Beti

That'swhy daughters are special.

It’sDaughter’s Week…

Ifyou have a daughter who makes your life worth living by just being around andyou love her as much as your own Breath....

Ifyou are proud of your daughter, send this to people who have daughters…

Daughtersare happiness!

Daughtersare angels!

Editor’snote: We at The Korea Post, as wellas our readers, greatly appreciate the ‘humor donations’ to be shared with ourreaders

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

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

Gov'tProducing Compensation Plans for Seongju Over THAAD Deployment

DefenseMinister Han Min-koo says the government is producing compensation plans forresidents of Seongju County, which has been designated to house...

AdvisoryCouncil Launched to Remove Lawmakers' Perks 

An advisorycouncil under the direct control of National Assembly Speaker Chung Sye-kyunhas been launched to remove unnecessary privileges and...

Gov't,3 Parties Discuss Supplementary Budget

Gov'tProducing Compensation Plans for Seongju Over THAAD Deployment

AdvisoryCouncil Launched to Remove Lawmakers' Perks

FinanceMinister Urges Assembly's Cooperation toward Supplementary Budget Bill

Pres.Park Calls S. Korean, Mongolians Biz People Modern-day Genghis Khans

Pres.Park Set to Return Home Monday from Mongolia

Park’sAutobiography Republished in Mongolia

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

FormerLotte Chemical chief summoned over irregularities

A former chiefof Lotte Chemical Corp., the chemicals maker of retail giant Lotte, wassummoned by prosecutors Tuesday to face questioning over the company's allegedfake accounting books.

Fencernamed S. Korean flag bearer at Rio Olympics

South Koreanfencer Gu Bon-gil has been named South Korea's flag bearer at the openingceremony for the Rio de Janeiro Olympics, the Korean Olympic Committee (KOC)announced Tuesday.

S.Korean firms await approval to sell biosimilars in Europe

South Koreanbiotech drugmakers are waiting for a European regulator to approve sales oftheir biosimilars in the European market, in an effort to make inroads into oneof the world's biggest markets for such drugs.

U.S.confirms N.K. missile launches, identifies one as Rodong missile

The U.S.Strategic Command on Monday confirmed North Korea's launch of three ballisticmissiles, saying two of them were short-range Scud missiles and the third was aRodong intermediate-range missile.

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

THAADelectromagnetic radiation in Guam near background level

GUAM -- TheU.S. showed its Terminal High Altitude Area Defense battery stationed in Guamfor the first time to the outs...

[DECODED:SAMSUNG] Samsung goes back to basics

[THE INVESTOR]Many start-ups want to be like Samsung. Ironically enough, Samsung wants to bel...

FTCdisapproves SKT-CJ HelloVision merger

[THE INVESTOR]South Korea’s antitrust watchdog said Monday that it has decided to officially...

Homosexualteens more likely to develop depression, suicidal thoughts: study

South Korea’sgay and lesbian teenagers are more likely to develop substance abuse andsuicida...

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

High-incomeforeigners face higher tax rate 

High-incomeforeigners will face a higher tax rate here as the government considersincreasing its 17-percent fixed rate levied on non-Korean workers,seeking... 

Policeindict two foreigners for running around naked 

Police saidMonday they indicted two foreigners without detention for allegedly runningthrough th...  Foreigners run nakedthrough Seoul streets

Pigs,dogs and journalists 

It's big news.A senior education ministry official, Na Hyang-wook, speaking pompously in aboozy ...

Nextyear's minimum wage rise leaves many disgruntled 

In the run-upto the parliamentary elections in April, both ruling and opposition partiespledged to raise the minimum wage to 10,000 won ($8.8) an hour, imme...

NKis winner 

Sometimes theway a question is not answered gives you the true answer. And I think yourquestion to the defense minister about the THAAD was very spot-on and... 

FTCrejects SKT-CJ HelloVision merger 

The Fair TradeCommission (FTC) made a final decision not to approve the SK Telecom (SKT)takeover... 

Koreaurged to drop anti-chaebol policies 

The Koreangovernment and regulators should abandon anti-chaebol policies in order tobolster corp... 

AmericanCadillac CT6 sedan confident in beating sales of A8, LS 

The Americanpremium carmaker, Cadillac, has unveiled its large-size CT6 sedan, suggesting anew s...

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

Oppositionleaders call for a swift cabinet reshuffling

The threeopposition parties are demanding en masse an apology from President ParkGeun-hye and a cabinet reshuffle amid a torren…

Forwhom does architecture exist

For whom doesarchitecture exist? The answer could be found by looking back to history.Pyramids and the Great Wall of China not …

PororoGo to be released as rival to Pockemon Go

There has beena mobile augmented reality game development boom since Pockemon Go gained hugepopularity. In Korea, Pororo Go, a …

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

U.S. Opens THAAD Base to Korean Press

The U.S. opened a Terminal High-Altitude Area Defensebattery in Guam to Korean journalists on Monday to allay fears here over theharmful effects of the weapons system to be stationed in southern Korea

Hyundai's 1st Electric Car Goes on Sale

Hyundai's first electric vehicle, the Ioniq, will hitshowrooms soon. The car can travel 206 km in the city on a single charge and upto 173 km on highways. Hyundai delivered the first Ionic EV to a local customeron July 5 and held a test-drive event last week.

LG Chem to Supply Batteries for NASA SpaceSuits

LG Chem will supply rechargeable batteries for the spacesuits of U.S. astronauts. The company said Sunday that it has been chosen byNASA as a lithium-ion battery supplier. The batteries ensure that oxygen tanks,communications equipment and radiation sensors in a space suit operateproperly.

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

[Reportage]Japanese community with THAAD radar glumly says ‘it’s ok’

Installationof radar has gone ahead in Japan despite concerns over noise andelectromagnetic waves

[Interview]North Korean defector uses humor to spur “cultural reunification”

Choi Seong-gukis a young North Korean defector who escaped seven years ago. He lives with hismother, who defected two years before him. He sleeps an average of five hours anight. He works through the weekends

S.Korean officials and reporters to tour THAAD battery on Guam

On July 18,the US military is planning to open up a THAAD (Terminal High Altitude AreaDefense) battery at a base on the Pacific island of Guam to officials fromSouth Korea’s Defense Ministry and to South Korean reporters, a South Korean militaryofficer said on July 17.

Sterilizationvaccine being developed to bring down caterwauling stray cat population

The governmenthas begun development on a sterilization vaccine as a new approach tocontrolling the stray cat population.

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

U.S. Defense Department is developing Thaad2.0

The U.S. Department of Defense is in the process ofdeveloping an upgraded version of its Terminal High Altitude Area Defense…

Park aide is questioned on Nexon propertydeal

Woo Byung-woo, the senior presidential secretary forcivil affairs, is now being questioned on…

FTC rejects SK’s bid to acquire CJHelloVision

The Fair Trade Commission (FTC) confirmed Monday that itwould disapprove top telecom operator SK Telecom’s plan…

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

[Editorial] Foreign Policy Points out thatSouth Korea Is Regressing into a Dictatorship

The Park Geun-hye government’s decision to place theTerminal High Altitude Area Defense (THAAD) system was made unilaterally andabruptly. Naturally, the citi···

[Aftermath of the THAAD Decision] UnilateralAnnouncement, Resident Opposition, Tough Suppression: Accusations of BeingPro-Pyongyang As Conflict IntensifiesThe police organized a task force toinvestigate the "detainment of Prime Minister Hwang Kyo-ahn," whichoccurred in Seongju-gun, Gyeongsangbuk-do and launche···

The Unbearable Sadness of THAAD

When I read that South Korea has agreed to deploy theTHAAD missile defense system, I was swept over with a profound sense ofsadness. For all the misunderstand···

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

China's Jinhua Set to Move into DRAM Marketby Building Production Plant

A Chinese firm has set out to build a semiconductor chipplant to move into the DRAM mass-production business, based on Taiwanesetechnology. Even though rumors of Chinese companies launching into the DRAMmarket have been around for years, this is the first time for any enterprise tocommence on bu... 

Japan's SoftBank to Acquire BritishSemiconductor Designer at $31 Bil. 2016-07-19 08:06

SoftBank of Japan said on July 18 that it would acquireARM Holdings, the Cambridge-based semiconductor design firm, at the cost ofUS$31.0 billion. This is a 43-percent premium over the company's closing shareprice on July 15. The deal would be finalized by September this year. On June22, Masayos...

Samsung SDS Makes Clear Its Intention Not toMerge with Samsung C&T 2016-07-19 08:52

Samsung SDS said on July 18 that it won't merge itslogistics unit with Samsung C&T. The latest announcement was intended todispel rumors and speculations that have emerged since last month when it saidit would spin off its logistics business. A Samsung SDS official said today,"We have never revi...

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

SouthKorean students dominate International Physics Ol…

[Courtesy ofInternational Physics Olympiad Orgarnization] South Korean students havecollected five gold medals and a silver at the 47th International Physics O…

Pyongyangfires missiles after threatening action again…

A file pictureon the launch of a North Korean missile.[Yonhap News Photo] North Korea firedthree short-range ballistic missiles Tuesday in an apparent show of fo…

BigBang's Seungri apologizes for his rude behavior on …

[Chineseonline community] ?Seungrimade an official apology about leaning his bare foot against a window in atrain. The 25-year old singer uploaded a post o…

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

Samsung and TSMC to Go Head to Head forFoundry of 7-Nano Semicondu...  

Samsung Electronics and Taiwan TSMC is going head to headto win

Telecommunication Industry to CommercializeNetwork Slicing Technology i... 

Telecommunication industry is increasing its investmentsinto

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

SamsungSDS has no plan for sale or merger of its logistics biz

Samsung SDSCo., a logistics and IT solutions unit of South Korea’s largest conglomerateSamsung Group, formerly announced that ...

LGChem to supply batteries for NASA’s space suits

South Korea’schemical and battery firm LG Chem is set to supply its batteries to the U.S.National Aeronautics and Space ...

Koreancredit rating industry braces up for a newcomer

South Korea’scredit rating market that has been dominated by three companies for the lastthree decades is about to face a ...

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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:

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Sendyour news releases and feedback:

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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.

They are published by the five media outletsofTheKorea Post, including the Korean-language Internet newspaper, Englishwebsite and the Korean-language newspaper (http://pdf.koreapost.co.kr/13/1301.pdf).

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.)

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 many traditionalKorean houses and shrines of ancient aristocrats including a 99-roomed house ofLee Yuin, a high-level government official in the Joseon Dynasty. Most of theseancient buildings are designated as cultural assets. Another cultural asset inthe 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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