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Jun Ji-hye

Korea Times Finance Reporter

Hello, I am Jun Ji-hye, a reporter at The Korea Times. I primarily cover financial authorities and write articles on a wide range of topics related to finance and capital markets. If you have any information to share, feel free to email me at jjh@koreatimes.co.kr, and I will review it carefully. I am committed to always doing my best to communicate with readers through high-quality articles.

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Politics

Korea ramps up support for marginalized youth

gettyimagesbankConcerns grow as suspects in recent crimes believed to have lived in seclusionBy Jun Ji-hyeThe government unveiled a set of new welfare policies on Tuesday that aim to reach out to young people who are living in social isolation.Socially isolated people are those who do not have meaningful interactions with others, except family, for more than six months, the Ministry of Health and Welfare said. According to the report written by the Korea Institute for Health and Social Affairs in May, the number of socially isolated young people was 5 percent in 2021. When the ratio is applied to the youth population of 10.8 million in that year, the population of isolated young people is estimated to be at 538,000.The welfare ministry said it has prepared various channels, such as telephone and text messages, through which isolated youth can ask for help, along with psychological consultation and other programs, such as cooking classes, to help them form relationships with others. Cohousing programs will also be offered that will enable isolated youth to live with others who face si

Sep 19, 2023By Jun Ji-hye
Korea ramps up support for marginalized youth
Law & Crime

Prosecutors seek warrant to arrest hunger-striking DPK leader

Rep. Lee Jae-myung, chairman of the main opposition Democratic Party of Korea, is transferred to a hospital from the National Assembly, Monday, as his health worsened following a 19-day hunger strike against the Yoon Suk Yeol government. Yonhap Main opposition party files motion to dismiss prime minister By Jun Ji-hyeProsecutors asked a court to issue an arrest warrant for main opposition Democratic Party of Korea (DPK) leader Rep. Lee Jae-myung, Monday, who is on the 19th day of a hunger strike, on charges of breach of trust, bribery, violation of the Foreign Exchange Transaction Act and other charges in connection with a land development scandal while he was mayor of Seongnam from 2010 to 2018. Lee was also charged with the unauthorized transfer of money to North Korea when he was governor of Gyeonggi Province during 2018 to 2021.It was the second attempt by the prosecution to detain the DPK chairman, after a previous request was overridden in February when the DP

Sep 18, 2023By Jun Ji-hye
Prosecutors seek warrant to arrest hunger-striking DPK leader
  • Yoon signs off on motion requesting parliamentary consent to opposition leader's arrest
Law & Crime

Fear of stalking remains a year after Sindang Station murder

Members of the Seoul Metro labor union pay silent tribute near Sindang Station in Seoul, Monday, to mark the first anniversary of the death of a subway station worker who was killed by a male colleague. NewsisExperts say early response is important to prevent stalking from escalating to murderBy Jun Ji-hyeThe number of stalking suspects apprehended by police has already exceeded 7,000 this year, police data showed Tuesday, indicating that the dangers of such crimes remain, though nearly a year has passed since the murder of a subway station worker by a colleague who had stalked the victim for years.Experts say the country's punishment for stalking cases tends to be too weak to prevent the crime and that measures taken by police and courts against offenders, such as restraining orders, have frequently failed to protect victims.They urge law enforcement authorities to react more sternly to the crimes and enhance protection for victims. On Sept. 14 last year, Jeon Joo-hwan, a 31-year-old former employee of the Seoul Metro, was apprehended at Sindang Station on Line No. 2 after stabbing

Sep 12, 2023By Jun Ji-hye
Fear of stalking remains a year after Sindang Station murder
Society

INTERVIEW Universities must teach for employment, betterment of society

By Jun Ji-hyeUniversities should offer education that prepares students for employment and cultivates well-rounded citizens capable of contributing to the betterment of society, according to Fernando Leon-Garcia, president of the International Association of University Presidents (IAUP).Fernando Leon-Garcia, president of the International Association of University Presidents (IAUP) / Courtesy of IAUPThese two aspects are not mutually exclusive, but can instead be taught in a combination striving for both, the IAUP president said. The comments come amid ongoing rapid shifts in the debate over the roles and services of universities in a changing world.“We must make sure that students are well-prepared and equipped with the knowledge and skills that will allow them to be excellent professionals in their respective fields. But we must also provide for the reflection, analysis, awareness and connections that entail being exposed to some of the challenges of society,” Leon-Garcia said in a recent interview with The Korea Times. “Universities must do both based on what the

Sep 11, 2023By Jun Ji-hye
[INTERVIEW] Universities must teach for employment, betterment of society
Society

Controversy over Jamboree fiasco continues

This Aug. 30 photo shows Saemangeum, a reclaimed tidal flat in North Jeolla Province, where the World Scout Jamboree took place earlier that month. YonhapBy Jun Ji-hyeLocal governments paid a total of nearly 15 billion won ($11 million) to cover the costs of offering accommodations, food and cultural events to World Scout Jamboree participants, who had to evacuate the campsite earlier than scheduled due to safety concerns and other problems, according to an opposition lawmaker, Thursday. Rep. Lim Ho-seon of the main opposition Democratic Party of Korea said the money could have been saved if the Jamboree event had proceeded normally, claiming that taxpayers' money was wasted due to a lack of preparations for the event that resulted in hygiene problems, insect control failure and shortages of sanitary facilities, as well as safety concerns amid the heat wave and incoming Typhoon Khanun at the time. Adding to the controversy is that some of those local governments are still waiting after more than a month for the money promised by the central government, which is meant to settle the co

Sep 7, 2023By Jun Ji-hye
Controversy over Jamboree fiasco continues
Society

Women paid 30.7% less than men in listed firms, 25.2% less in public offices

gettyimagesbankFamily ministry vows to prevent women's career break, support their entry to high-quality jobsBy Jun Ji-hyeThe salary gap between men and women in both listed companies and public offices in Korea still remained high last year, though the gap showed a decreasing trend year-on-year, according to a report announced by the Ministry of Gender Equality and Family, Wednesday. The ministry's analysis of salaries of 2,716 listed companies showed that female workers received 60.15 million won ($45,200) annually on average, compared to male workers' 86.76 million won.This marked a 30.7 percent gap in wages by gender, which was narrowed by 7.5 percentage points from the 38.1 percent difference tallied in 2021. The ministry has announced the gender pay gap since 2021 in accordance with the 2020 revision to the Framework Act on Gender Equality. In 2021, the ministry announced the data for 2019 and 2020. The gender pay gap for listed companies has fluctuated as the figure stood at 36.7 percent in 2019, 35.9 percent in 2020, 38.1 percent in 2021 and 30.7 percent in 2022. This year's

Sep 6, 2023By Jun Ji-hye
Women paid 30.7% less than men in listed firms, 25.2% less in public offices
Society

What teachers want most for better protection of their rights

Teachers shed tears during a memorial ceremony at Seoul Seo2 Elementary School in southern Seoul, Monday, mourning a teacher who took her own life inside her classroom in July. YonhapEducation minister vows to meet with teachers every week By Jun Ji-hyeTeachers, who have taken to the streets following the tragic suicides of colleagues, are calling for prompt amendments to laws related to child abuse crimes, saying it is the most urgent measure needed to better protect educators in the workplace. The calls came due to the belief that a serious infringement of teachers' rights by some parents was behind the deaths of their colleagues, though police investigations into their deaths are still ongoing. Beginning with the suicide of a young teacher at Seoul Seo2 Elementary School in southern Seoul on July 18, two more elementary school teachers and one high school teacher have ended their lives in recent days. This has fueled the anger of teachers, prompting them to hold massive rallies in Seoul and other parts of the country, including those near the National Assembly on Saturday and Mond

Sep 5, 2023By Jun Ji-hye
What teachers want most for better protection of their rights
Society

Memorial events held nationwide for deaths of teachers

A woman sheds tears at Seoul Seo2 Elementary School in Seocho District, southern Seoul, Sunday, while mourning the death of a teacher who took her own life inside her classroom in July. Yonhap Anger mounts among teachers as 4 colleagues die in less than 2 months By Jun Ji-hyeSome 120,000 teachers held memorial events and rallies in Seoul and other parts of the country on Monday to commemorate the recent deaths of their colleagues and to demand proper measures to better protect their rights and prevent such tragedies.Principals of nearly 40 elementary schools designated the day a discretionary holiday, while a considerable number of teachers in other schools took their yearly leave or even their sick leave in order to participate in the collective action. In order to minimize disruptions, some schools shortened teaching hours, while others combined classes. Some parents did not send their children to school as a way to show their support for the collective action of

Sep 4, 2023By Jun Ji-hye
Memorial events held nationwide for deaths of teachers
  • Police probe launched into death of veteran teacher embroiled in student lawsuit
Health

Accessibility gap in ERs, ICUs widens between Seoul, remote regions

gettyimagesbankBy Jun Ji-hyeNine in 10 Seoul residents managed to visit an emergency room (ER) within an hour after an emergency situation occurred, according to recent data. But the ratio for rural and regional areas was nearly half that, showing a serious gap in ER accessibility between the capital and regions.According to the statistics published on Sunday by the National Medical Center, the large gap was found in not only ER accessibility but also other medical services such as the use of high-level general hospitals and intensive care units (ICU). The statistics showed that the ratio of visiting an ER within an hour on average was tallied at 72.8 percent as of 2021. The figure stood at 90.3 percent in Seoul, 86.7 percent in Incheon and 77.6 percent in Gyeonggi Province.Among cities outside the greater Seoul area, Daegu, Gwangju and Busan saw higher figures than the average at 91.1 percent, 89.2 percent and 85 percent, respectively. On the other hand, the figures for South Jeolla Province, North Gyeongsang Province and Gangwon Province were well below the average at 51.7 percent,

Sep 4, 2023By Jun Ji-hye
Accessibility gap in ERs, ICUs widens between Seoul, remote regions
Society

Tension mounts ahead of teachers' collective action

People pay a silent tribute at Seoul Seo2 Elementary School in Seocho District, southern Seoul, Sunday, to a teacher who took her own life inside her classroom in July. YonhapEducators' anger rises following deaths of 2 more teachersBy Jun Ji-hyeTension is rising in the education sector as many teachers across the country are poised to gather for a large-scale rally  Monday to commemorate the recent suicides of young teachers and call for better protection of their rights in the workplace. On “the day of stopping public education,” teachers are planning to visit Seoul Seo2 Elementary School in southern Seoul to commemorate a teacher in her 20s who ended her own life inside her classroom on July 18, allegedly after experiencing conflicts with parents over an incidence of violence involving some of her students.The day marks the 49th day since the teacher's death. In many Buddhist traditions, 49 days is the total mourning period, as Buddhists believe that rebirth takes place within 49 days of death.After the memorial ceremony, the teachers then plan to hold a rally in

Sep 3, 2023By Jun Ji-hye
Tension mounts ahead of teachers' collective action
  • Phone calls to teachers to be recorded from Tuesday
  • Teachers set to hold massive rally following suicide deaths of distressed teachers
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