The Korean daily media headlines and humor

TheKorean daily media headlines and humor

Monday, July 25, 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 prestigious Plaqueof Commendation

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

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

PresidentPark Begins Summer Vacation 

President ParkGeun-hye is on a five-day summer vacation beginning Monday. An official of thepresidential office said that Park will spend the...

ChineseForeign Minister: THAAD Causes Harm to Seoul-Beijing Trust 

South Korea’sForeign Minister Yun Byung-se met with his Chinese counterpart Wang Yi on thesidelines of an annual ASEAN event

Yunto Discuss N. Korea at Sideline Meetings in Laos

PresidentPark Begins Summer Vacation 

ChineseForeign Minister: THAAD Causes Harm to Seoul-Beijing Trust

Gov'tto Provide Additional Aid to Children of N. Korean Defectors

PolicyExperts to Gather for Meeting in Seoul

ForeignMinister to Hold Meetings at ASEAN Gathering

SaenuriFloor Leadership to Visit Seongju Tuesday

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

PartialRio Olympics ban on Russia to have little impact on S. Korea

A recentdecision by the International Olympic Committee (IOC) not to issue a completeban on Russia from the Rio de Janeiro Summer Games will likely have littleimpact on South Korea's medal race.

Twoplayers injured as S. Korea fall to Iraq in Olympic football prep

Two players sufferedinjuries as South Korea fell to Iraq 1-0 on Sunday in a tune-up match beforethe men's Olympic football tournament.

'OperationChromite,' sloppy spy thriller

Every Koreanknows U.S. Gen. Douglas MacArthur who led the famous Incheon landing operationsthat turned the tide of the 1950-53 Korean War in favor of the United Nationsforces. But little is known about the South Korean soldiers who carried out acovert operation to prepare for the historic amphibious operation.

SmartphoneOLED panels market to grow twofold in 2 yrs

Globalshipments of organic light-emitting diode (OLEDs) panels for smartphones areforecast to jump by nearly twofold in two years, data showed Monday, as moresmartphone makers are moving to equip their devices with the power-savingpanels.

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

Cosmeticsmicrobeads threaten sea life

When29-year-old Kim Seo-young heard that tiny plastic pollutants floating in thesea are consumed by fish and may end u...

Koreanretailers ride on ‘Pokemon Go’ craze

South Koreanretailers are capitalizing on the explosive popularity of Nintendo’s augmented-re...

ChangHa-joon tells Korea to take a bet on future

Eke out abreakthrough in the current economic stalemate, Korean businesses and thecountry...

Majorityof working migrant wives have limited job security in Korea

More than halfof employed foreign-born migrant wives in Korea work as either temporary orday...

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

Chineseenter Korean insurance industry 

Chinesecompanies are setting their eyes on Korean financial industries, especiallyinsurance firms. 

NKto seek 'nuclear nation' status at ARF 

North KoreanForeign Minister Ri Yong-ho is expected to call on the international communityto acc...

USpoliticians uphold THAAD 

U.S.politicians are going all out to ensure that a U.S. Terminal High Altitude AreaDefense (THAAD) system scheduled to be deployed on Korean soil next year...

'Oilsupply still active for NK military' 

North Koreastill has a stable supply of oil from the outside world for military trainingdespite U.N. Security Council (UNSC) sanctions, according to South K... 

Googlefaces scrutiny by Korean regulators 

Search enginegiant Google is facing increasing scrutiny by Korean regulators over the latestseri... 

Professordisciplined for sexually humiliating poem 

A court hasbacked a university’s decision to suspend the professorship of a poet whotexted sexua... 

Bringingvisual anatomy to doctors 

Steven E.Seltzer, chairman of the radiology department at Harvard Medical School, sentan e-mail ...

Koreato send delegation for Peru's presidential inauguration 

Korea'sforeign ministry on Sunday said it will send a delegation of ruling partylawmakers for Peru's presidential inauguration slated for later this month o...

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DongA Ilbo (http://english.donga.com)

AmazonCEO Bezos tops Buffett to become world’s 3rd richest man

Amazon CEOJeff Bezos passed Warren Buffett (86), billionaire investor and the chairman ofBerkshire Hathaway, to become the worl…

Koreanweightlifter recovers bronze medal missed 8 years ago

Lim Jeong-hwa(30), a former member of the Korean national weightlifting team, is set toreceive an Olympic medal that she missed…

HillaryClinton is to be first woman to run for president

The DemocraticNational Convention (DNC), which will formally nominate former State SecretaryHillary Clinton (aged 69) as Americ…

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Chosun Ilbo (http://english.chosun.com)

Korea Swelters in Another Heat Wave

Scorching heat has gripped Seoul and vicinity for fourdays running, with record temperatures hovering around 29 degrees Celsius forthe whole month. That is 1.3 degrees higher than the average between 1981 and2010.

N.Korea Building New Submarine Base

North Korea is building a new naval base at Sinpo, SouthHamgyong Province for new 3,000-ton submarines that carry submarine-launchedballistic missiles, Jane's Defence Weekly reported Sunday.

Health Warnings on Alcoholic Beverages to BeStrengthened

Alcoholic beverages will be required to carry expandedhealth warnings. The Ministry of Health and Welfare said it will be compulsoryfor manufacturers to include stronger labels on bottles to raise awareness ofthe health risks of excessive drinking.

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HanKyoReh Shinmoon (http://english.hani.co.kr)

SouthKorea posts first ever automobile trade deficit with China

Chinesecompanies’ growing competitiveness and Hyundai and Kia’s increased productionin China main factors behind shift

Bothyoung and old having more trouble finding jobs in “Hell Joseon”

Young SouthKoreans are finding it increasingly difficult to get a job after finishingtheir studies, a study shows.Meanwhile, older South Koreans who hoped to findwork because of living costs and other factors compelled them to work until theage of 72 on average.

[Reporter’snotebook] How S. Korea squandered its diplomatic goodwill with China

On July 13,two days after the Permanent Court of Arbitration made its ruling about theSouth China Sea, China’s state-run newspaper the China Daily printed a worldmap on its front page titled “China’s position.”

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JoongAng Ilbo(conservative) (http://koreajoongangdaily.joinsmsn.com/)

Chinese city cancels Daegu trip after Thaad

Following the Korean government’s announcement to deploythe U.S.-made advanced missile defense system…

Retailers roll out holiday gifts before newlaw

Approximately two months remain until the nationalChuseok holiday, but local retailers are already anxious…

KEB Hana promotes 1,000 on client profits

KEB Hana Bank rolled out its biggest-ever promotions,boosting some 1,000 employees’ positions based on performance…

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

[Woo Byung-woo Scandal] President,"Accept the Hardships as a Challenge and Remain Faithful to YourConvictions" at an NSC Meeting to "Secure the Safety" of Woo

On July 21, President Park Geun-hye clearly stated herposition that she would not replace Woo Byung-woo, senior secretary for civilaffairs. Despite the burden···

[Reporter's Notes] [Aftermath of the THAADDecision] You Want an Alternative to THAAD? An Answer for the President,"Diplomacy"

On July 21, President Park Geun-hye aimed her words atthose who oppose the placement of the Terminal High Altitude Area Defense(THAAD) system in the Korean Pe···

[Woo Byung-woo Scandal] President Park'sDouble Standards: A Sword to Chae Dong-wook, But a Blind Eye to Woo Byung-woo

In September 2013, the press revealed the"extramarital son" of Public Prosecutor General Chae Dong-wook. Chaeclaimed that he knew nothing of the sort and fi···

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

Won-Dollar Exchange Rate May Go as High as1,200 Won in 3Qtop news

The strengthening U.S. dollar may have an impact on thewon's value as well. Market analysts said the average won-dollar exchange ratemight go up as high as 1,200 won per dollar during the July-September period.Since hitting a low of 1,136.30 won on April 19 after the Bank of Korea keptits benchm... 

China Imposes Anti-dumping Duties onKorean-made Electric Steel Products

The Chinese government has decided to impose anti-dumpingduties ranging from 37.3 to 46.3 percent on electric steel products importedfrom Korea, Japan, and the EU, said China's official Xinhua news agency on July24. The country's Ministry of Commerce said in a notice posted on its websitethat it...

IMF Predicts Korean Economy to Grow 3% NextYear

The International Monetary Fund revised its forecast forKorea's 2017 economic growth upward to 3.0 percent. According to the KoreanMinistry of Strategy and Finance on July 24, the IMF predicted Korea's economicgrowth to reach 2.7 percent this year and 3.0 percent next. Compared to theprevious f...

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

LGHausys absorbs joint venture for independent glass p…

LG Hausys, anindustrial material manufacturing arm of South Korea's LG Group, said Friday itwould absorb a joint venture with a German company…

RedHot Chili Peppers amazed by 'colors and smells' of …

Anthony Kiedis(left) and Flea (right) Red Hot Chili Peppers' (RHCP) members Anthony Kiedisand Flea roamed through Seoul's tradition…

KTto support Pok?mon Go players with mobile base stati…

South Korea'seastern port city Sokcho is bustling with a steady inflow of "Pok?monGo" players from across the country, prompting telecom gia…

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

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

“ToMake Seoul As Asia’s Hub For Entrepreneurs.” Google Seoul Campus Manager Lim

“Iam going to make Seoul as the main hub in Asia for entrepreneurs.” GoogleCampus Seoul finally opened its doors on the 8th. Although many facil

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Maeil BusinessNews Korea (http://www.pulsenews.co.kr/ )

S.Korea’s Hyosung and Kolon ride on cutting-edge tech for gains in Q2

South Korea’stwo major textile companies, Hyosung Corp. and Kolon Industries Inc., are bothexpected to report better earnings ...

S.Korea’s Hansae acquires MK Trend at $145.7 million

South Korea’sHansae Co., OEM company that serves many global clothing labels including GAPand NIKE, said Friday in a ...

SKInnovation’s Q2 profit up 12% on global oil price hike

SK InnovationCo., the energy solutions arm of South Korean conglomerate SK Group, posted thesecond-highest-ever quarterly ...

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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.)

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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