July 12, 2016
TheKorean daily media headlines and humor
Tuesday, July 12, 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 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/)
Gov'tto Provide 135,000 Rental Houses for Newlyweds
Prime MinisterHwang Kyo-ahn said Monday that the government will provide 135-thousand rentalhomes for newlyweds over the next five years and hand...
Rep.Seo at Center of Nepotism Controversy Leaves MPK
RepresentativeSeo Young-kyo of the main opposition Minjoo Party of Korea(MPK), who causedcontroversy after hiring her daughter as an
S.Korea, US in Final Stage for THAAD Site
Gov'tto Provide 135,000 Rental Houses for Newlyweds
Rep.Seo at Center of Nepotism Controversy Leaves MPK
FMYun: THAAD Doesn’t Target China, Russia
PresidentPark to Grant Special Pardon
TwoKoreas Exchange Tit for Tat over THAAD
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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)
Samsungexpands presence in NAND flash market
South Korea'stech giant Samsung Electronics Co. basked in a record share of the global NANDflash market in the first quarter of the year, data showed Tuesday.
U.S.urges N.K. to free detained citizens as Pyongyang threatens to handle themunder wartime law
The UnitedStates urged North Korea to free detained American citizens Monday after thecommunist nation said it will deal with the detainees according to wartime lawin protest of Washington's sanctions on leader Kim Jong-un.
RepublicanParty embraces Trump's tough position on trade: draft policy platform
A RepublicanU.S. president will insist on "parity" in trade and impose"countervailing duties" if other countries don't cooperate, a draftof the party's new policy platform was quoted Monday as saying.
S.Korean golfer Kim Kyung-tae to skip Rio Olympics with Zika concerns
South Koreangolfer Kim Kyung-tae on Monday said he'll skip the upcoming Rio de JaneiroSummer Olympics due to fears over the Zika virus.
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The KoreaTimes (http://www.koreatimes.co.kr)
N.Korea's nuclear test site shows 'high-level activity'
North Korea isshowing "high-level activity" at its nuclear test site, the 38 Northwebsite monito...
Volkswagenfaces sales ban
The Ministryof Environment said Monday that it will ban sales and revoke certifications ofdozens... Passive consumers, gov't driveup VW sales here
Beerfestival due in Sinchon
A beer festwill take place in Sinchon, western Seoul, this Thursday and Friday.
SNUstudents harass female peers on KakaoTalk
Recent sexualharassment scandals using online chatting tools at universities have shown thatmany men in Korea still think women are inferior and a form of e...
Englishbook reveals recipe for Korea's economic success
A state-runthink tank has published a book in English about Korea’s rapid economicdevelopment in...
AIIBfiasco stems from 'parachute appointment'
With thecountry about to lose its vice president and chief risk officer (CRO) post atthe Asian Infrastructure Investment Bank (AIIB), the administration is ...
ParkYu-chun cleared of rape allegations faces prostitution charge
Police havecleared K-pop star Park Yu-chun of all rape allegations.
Japanmoves closer to ending military restraints
Japanese PrimeMinister Shinzo Abe’s major victory in the upper house election on Monday haspaved...
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DongAIlbo (http://english.donga.com)
Countrymenare more stressed than urban dwellers
A recent studyfound that country-dwellers tend to be under higher stress and weigh more thantheir urban counterparts. This impl…
Elitecoast guard squad to counter Chinese fishing boats
An elite coastguard squad will be constantly deployed in Yeonpyeong Island to crack down onChinese fishing boats that widely en…
Mahler’ssymphony ‘Nachtmusik’ to stream amid summer night
In thisseason, night seems to be friendlier than daytime to people. S…
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ChosunIlbo (http://english.chosun.com)
Singer Su-zy to Get Place in Hong Kong WaxMuseum
An effigy of girl band member Su-zy will join theexhibition at Madame Tussauds wax museum in Hong Kong in August, her agencysaid Monday. The figure will be part of the Korean...
End of Adultery Law Boosts Private Snoops
The end of Korea's outdated adultery laws has been anunexpected boon to private detective agencies, who are inundated with requeststo investigate people's spouses. The law was...
Japan to Move Slowly on Constitution afterRuling Coalition's Victory
Japanese Prime Minister Shinzo Abe said on Monday thatwinning a landslide election victory will not guarantee the approval of hiscontroversial proposal to revise the country's...
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HanKyoRehShinmoon (http://english.hani.co.kr)
[Editorial]“Dogs and pigs” and the need to reform S. Korea’s crass 1%
Our jawsdropped and remain open. It’s unbelievable that these are statements that cameout of the mouth of a high-ranking Ministry of Education official, someone whois responsible for South Korea’s …
NorthKorean missile launches spurred rushed announcement of THAAD deployment
It wasrecently discovered that the decision of the South Korean and US governments todeploy the Terminal High Altitude Area Defense, or THAAD, was directly linkedto North Korea’s ballistic missile …
[Interview]Expert says THAAD needlessly raises tension, hurts security
After SouthKorea announced on July 8 the decision to deploy the Terminal High Altitude AirDefense (THAAD) anti-missile system, the Hankyoreh’s Washington correspondentconducted an email exchange wi…
AfterTHAAD deployment decision, a backlash from China
As soon as theSouth Korean and US governments announce their plans to deploy the THAADmissile defense system, Chinese President Xi Jinping summons a few of his closeassociates into his office. “It....
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JoongAngIlbo(conservative) (http://koreajoongangdaily.joinsmsn.com/)
Park announces pardons to mark Liber…
President Park Geun-hye said on Monday that she willissue special pardons of cer…
Thaad decision may have major diplom…
Following Seoul and Washington’s decision to deploy theTerminal High Altitude Ar…
Minjoo lawmaker steps down to avoid…
After the leadership pressured her to quit over anepotism scandal, a two-term la…
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The KyungHyangShinmoon(http://english.khan.co.kr/)
Angry Citizens, "We’re Pigs and Dogs...Oink, Bark": Controversy Spreads over the Words of an Education MinistryOfficial
The Ministry of Education suspended Na Hyang-uk (47),chief of policy planning, for stirring controversy with his rash words, but thepublic continued to expres···
[Placement of THAAD Finalized] KoreanCompanies Face an Emergency in Exports
As South Korea's relationship with China deteriorates dueto the placement of the US Forces Korea's Terminal High Altitude Area Defense(THAAD) system, major companies are facing an emergency situat···
[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···
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The KoreaEconomic Daily (http://english.hankyung.com/)
No. of Savings Bank Loan Customers HitsRecord High in 13
The number of borrowers who took out loans from savingsbanks has hit a record-high level in 13 years. This is, according to bankingindustry analysts, largely due to the balloon effect by which many bankingcustomers moved to savings banks as banks strengthened their lending standardsfor individua...
Smartphone Survey: 2.2 Mil. AppsAvailable...Only 0.84% Actually in Use
Even though the number of smartphone apps available inKorea was 2.2 million, only 0.84 percent of them (18,414) were in use at leastonce. A third of smartphone users spent an average of 4 hours a day looking atthe screen. It turned out most smartphone users used a limited number of appsrepeatedl...
FSC to Come up with Guidelines on P2P Lending
The Financial Services Commission will come up withguidelines intended to protect investors in the fast-growing peer-to-peerlending market. The financial watchdog said on July 11 that it would create atask force on P2P lending for establishing rules for sound development of thefledgling market. ...
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AJU BusinessDaily(http://eng.ajunews.com/korea)
Messagingapp LINE sets IPO price: Yonhap
[Aju News DB]Japan-based global messaging app operator LINE Corp. on Monday said it has setthe price of its ini…
KoreanAir issues asset-backed securities worth $782 mln
[Yonhap NewsPhoto] South Korea's largest flag carrier, Korean Air, said Monday it hasissued asset-backed se…
Centralbank approves $8.7 bln loan for corporate restructuring
[Courtesy ofthe Bank of Korea] South Korea's central bank approved a special loan of 8.68billion dollars Fr…
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ETNEWS(http://english.etnews.com/)
cafe24 and the Presidential Committee onYoung Generation: K-Style Yo...
cafe24 and the Presidential Committee on Young Generation(PCYG) have partnered to search for K-Style (fashion, beauty) youngentrepreneurs, future leaders of e-commerce...
Drone Cameras with New Specifications to BeDeveloped
Camera for drones, which has abilities for 5X opticalzoom and VR image
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MaeilBusinessNewsKorea (http://www.pulsenews.co.kr/ )
Volkswagento face sales ban and recalls on cars sold in S. Korea
South Koreagovernment will slap various heavy administrative penalties against AudiVolkswagen Korea including sales ban and registration cancellation afterconcluding that it had...
Naver’sunit Line IPO priced at $32.49, expects to earn $1.3bn
Line Corp.,the Japanese subsidiary of Korean web portal giant Naver Corp., said Mondaythat its dual initial public offering...
LVMHto pledge investment in Korean cosmetics CLIO
L Capital, aninvestment company affiliated to the world’s largest luxury goods conglomerateLVMH Moet Hennessy Louis Vuitton...
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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 diverse eco-edutainment-orientedprograms of exhibitions, festivals and events. The expo facilities will beconsisted of six major spaces, including the insect theme hall, insectexperiencing hall, insect industry hall, Fabre’s garden, insect ecosystem parkand 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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