July 21, 2016

TheKorean daily media headlines and humor

Thursday, July 21, 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 prestigiousPlaqueof 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 Yecheon? 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.)

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

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

MinisterDismisses Concerns on China's Commitment to Denuclearizing N. Korea

ForeignMinister Yun Byung-se has dismissed concerns that the deployment of a U.S.Terminal High Altitude Area Defense(THAAD) battery will weaken...

MainOpposition Seeks Legislation on Reforms of Prosecution 

The mainopposition Minjoo Party of Korea(MPK) is seeking to create an agency dedicatedto investigating corruption among high-ranking civil...

DefenseMinister: THAAD Deployment Approved by Park after NSC Discussion

MinisterDismisses Concerns on China's Commitment to Denuclearizing N. Korea

MainOpposition Seeks Legislation on Reforms of Prosecution

PartiesAgree to Handle Extra Budget Bill on August 12th

AssemblySpeaker Renews Call for Constitutional Revision

PresidentialAide Denies Suspicions of Illicit Property Sales 

JCSChairman Orders Stern Response to N. Korean Provocations

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

Cardinal'sOh Seung-hwan earns 3rd save of season

Oh Seung-hwanof the St. Louis Cardinals earned his third save of the season with a perfectinning of work.

JackNicklaus Golf Club Korea to host LPGA's int'l match play competition in 2018

Jack NicklausGolf Club in Korea, lying just west of the nation's capital, will host theLPGA's international match play competition in 2018.

Externalconstruction complete for new submarine assembly hall in N. Korea: 38 North

Externalconstruction of a submarine assembly hall at North Korea's main submarine portis now complete in a project that would enable Pyongyang to build much largerballistic missile submarines, a U.S. monitoring website said Wednesday.

U.S.Defense Department brushes off N. Korea's threat

The U.S.Defense Department on Wednesday brushed off North Korea's threat that itslatest missile launches were part of an exercise to preemptively strike Americantroops in South Korea, urging Pyongyang to refrain from raising tensions.

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

Scandalsshow Park's grip fading

The ongoingallegations involving several of President Park Geun-hye’s top aides have addedto her growing lame duck sy...

Top-downcorporate culture continues to take its toll

[THE INVESTOR]About two months ago, a 33-year-old prosecutor hung himself at his home insouth...

N.K.says missile test aimed at ports, airfields in the South

North Koreasaid Wednesday that Tuesday’s launch of three missiles was aimed at boostingits c...

Electriccar chargers to be available at telephone poles

[THE INVESTOR]Electric car chargers will likely be available at telephone poles across thecou...

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

IsTrump's wife plagiarist? 

Republicanpresidential nominee Donald Trump’s wife, Melania Trump, is being accused ofplagiarizi...

Consumptionmain victim of anti-corruption act 

The anti-graftact scheduled to go into effect Sept. 28 is expected to weaken already sluggishdomestic consumption further, dealing a direct blow to the agri... 

Missiletests were part of war drill 

North Koreasaid Wednesday the latest test-firing of three ballistic missiles was tosimulate pree...

SamsungElectronics to buy new shares of shipbuilding affiliate 

SamsungElectronics plans to buy new shares of Samsung Heavy Industries (SHI) toprevent the ailing shipbuilding affiliate from suffering a liquidity crunch,...

Parkadministration imploding 

A series ofscandals involving loyalists and senior aides to President Park Geun-hye arenot only damaging her ability to lead, but also signaling that she is... 

Netflixplans downloads for offline phone, tablet viewing 

Have you everdreamed of watching Netflix offline on your phone while lying on a bed?

China'smemory chip investment threatens Korea 

Chinesebusinesses are stepping up efforts to localize memory chip production throughmassive investment, industry sources said Tuesday.

Koreansgetting fatter than Japanese 

The share ofobese people is increasing more rapidly in Korea than in Japan, because Koreansprefer greasy food, such as fried chicken, a study says.

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

Koreasecures manganese crust in western Pacific Ocean

The governmentannounced on Wednesday that it received permission for exclusive exploration ofa manganese crust mine area in sea…

'Clintonhas 76% chance of becoming next U.S. president'

HillaryClinton has a 76 percent of chance winning the upcoming U.S. presidentialelection on November 8, far ahead of the 24 per…

HyundaiMobis opens distribution center in Belgium

Hyundai Mobis'central distribution center in Belgium has started operation, expected to bethe company's distribution hub in Eur…

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

Wake-Up Calls Offer Lifeline to YoungUnemployed

Making phone calls to strangers to wake them up in themorning is fast becoming a popular part-time job among young people in a dismallabor market.

U.S. Republican Platform Slams N.Korean'Slave State'

The U.S. Republican Party in a platform adopted Mondaydenounced North Korea as the "Kim family's slave state." The partyurged China to "recognize the inevitability of change" in North Koreaand play a proactive role

American Burger Brand to Open 1st Outlet inKorea

New York-based burger brand Shake Shack will open itsfirst outlet here in the affluent Gangnam area of southern Seoul this week.Bakery chain SPC Group, which will operate the outlet as the Korean licensee ofShake Shack, held a marketing blitz ahead of the official opening on Friday.

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

Inplatform, Republican Party announces more hardline policy on North Korea

On July 18 -the first day of the Republican Party’s national convention in Cleveland - theparty declared that it would be taking a hardline stance against North Korea.The Democratic Party has alre..

Surveyshows Sewol survivors and victims’ families still suffering Survey shows Sewolsurvivors and victims’ families still suffering

Most of all,the family members . . . uh . . . all the parents want to let the children go.Huh. (sighs) I think it’s only after we know why the accident happened. Afterwhen we’ve punished the pe..

[Interview]‘Government couldn’t do anything to lose the Americans’ trust’

Kunio Tanaka,64, is a member of Kyotango city council, located in Japan’s Kyoto Prefecture,which is the site of American AN/TPY-2 TPY K 2-band radar that began operatingat the end of 2014. As a local..

Lawmakersays THAAD deployment “inevitably” part of US missile defense

A lawmaker isclaiming that despite Seoul’s official position to the contrary, the TerminalHigh Altitude Area Defense (THAAD) system to be deployed to North GyeongsangProvince’s Seongju County will ..

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

Blue House’s Woo won’t resign

President Park Geun-hye’s scandal-plagued seniorpresidential secretary for civil affairs resisted…

Cigarette sales approach levels before price hikein 2015

The government’s attempt to curb smoking by raisingcigarette prices last year is failing. Sales of cigarettes…

Government to recall 61 problematic airfilters

The government announced Wednesday that it would launch arecall for air purification products…

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

[Saenuri Party's Candidate Nomination Fiasco]"A Promise from Me Is a Promise from the President" Former SeniorSecretary Hyun Ki-hwan Also Exerted Influence on Candidate Nomination

On July 19, a transcript of a phone call made by formerCheong WaDae Senior Secretary for Political Affairs Hyun Ki-hwan (59) to formerlawmaker Kim Sung-hoe, ···

[Editorial] Allegations of Secret LegalRepresentation by Woo Byung-woo, Pro-Park Woes, THAAD and Chaos in StateAffairs in General

The Park Geun-hye government's state administration is inan overall chaos as it enters its fourth year. Chief prosecutor Jin Kyung-joonwas confirmed to have ···

[Aftermath of the THAAD Decision] GovernmentClaims Criticism as Rumors, Stands Helpless before Chinese Opposition, andStresses National Security before the People's Resistance

The government and the ruling party's actions concerningthe placement of the Terminal High Altitude Area Defense (THAAD) system in theKorean Peninsula plainl···

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

Chinese Gov't to come up with New SafetyStandards for NMC Batteries...Setback for Korean Suppliers

The Chinese government has decided to come up with a newset of standards for nickel-manganese-cobalt batteries after concluding thatthe batteries are not safe. This is a follow-up measure after the Koreangovernment protested against the Chinese government's decision to discontinueits subsidies t... 

Gov't to Begin Long-awaited DevelopmentProject near Seoul Station

The central government and the Seoul metropolitan citygovernment will set out to redevelop the area near Seoul Station starting fromnext month. For years, the central government had postponed the developmentproject for the north-of-Seoul-Station area in opposition to the citygovernments standal...

IMF Lowers Global Growth Forecast by 0.1%p

The International Monetary Fund revised its globaleconomic growth forecast downward by 0.1 percentage point due to the increaseduncertainty resulting from the Brexit vote. The IMF issued the World EconomicOutlook Update on July 19 where it forecast the global economy to grow 3.1percent this year...

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

Pyongyangcompletes external construction of submarine …

North Koreahas completed the external construction of an assembly hall that would probablyhelp the nuclear-armed country build a new class o…

Trumpwants to 'reevaluate' trade, defense agreements: …

Republicanpresidential nominee Donald Trump wants to reevaluate free trade and defenseagreements to ensure they are balanced 'win-win…

Taekwangbuilds fertilizer plant in Vietnam?

South Korea'sTaekwang Industrial Co. has started the construction of a 60-million-dollarplant capable of producing 360,000 tons …

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

[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

Commission for South Korean Robo-Advisors toBe More Expensive than American Robo-Advisors

It is seen that Robo-Advisors that South Koreanconsulting companies put out have higher commission and higher membership costthan American Robo-Advisors because market is not formed as it is suppose

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

HanjinShipping creditors may extend rescue program for another month

State-runKorea Development Bank and other creditors are expected to extend theirconditional debt rescheduling program for...

Financialauthority vows to make S. Korea more inviting for foreign financial

South Korea’sFinancial Supervisory Commission (FSC) Vice Chairman JeongEun-bo met with theheads of foreign financial...

WooriBank’s first-half net surges 45 percent

South Korea’sWoori Bank recorded 750.3 billion won ($656 million) in net profit for thefirst six months of this year, up 45.2...

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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 preventing destructionof environment and shortage of resources by highlighting insects that help manand keep ecosystemic relations with mankind. At the same time, the hall willdisplay value of insects as sustainable future alternative resources, and worldsituation and vision of edible insect industry and insect-driven eco-friendlyagriculture, as well as future technologies that leverage capabilities of superinsects, such as biotechnology, green technology and 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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