PRESS DIGEST - South Korean newspapers - March 20

SEOUL, March 20 (Reuters) - The following is a summary of major South Korean newspapers on Thursday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.

CHOSUN ILBO

North Korean envoy to the United Nations Park Kil-yeon will be replaced in April, an official from the South Korean government said.

SK Telecom (017670.KS: Quote, Profile, Research, Stock Buzz), the country's top mobile operator, plans to move into the Chinese online game market, setting up a task force to acquire 3 to 4 local online game companies, an SK Telecom official said.

Inflation rate in raw materials including wheat and crude oil rose 45 percent in February from a year before, which reached the highest level in approximately 10 years, the Bank of Korea announced on Wednesday.

DONG-A ILBO

The U.S. recently dispatched a food security expert to South Korea and China in order to investigate North Korea's worsening food shortages caused by flooding last year and a rise in international grain prices, officials from the South Korean government said.

KOREA ECONOMIC DAILY

S-Oil Corp (010950.KS: Quote, Profile, Research, Stock Buzz), the country's third-largest refiner, elected Ahmed A. Al-Subaey, Saudi Petroleum International Inc president, as its new CEO in a board meeting.