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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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Health

Seoul Paik Hospital closes down after 82 years

Medical staff and other employees of Inje University Seoul Paik Hospital shed tears at the building's entrance, Thursday, as the hospital closed its doors permanently. YonhapLegal battle still ongoing as employees seek to suspend shutdown decisionBy Jun Ji-hyeInje University Seoul Paik Hospital ended all work activities including the operation of its emergency room and wards, as it closed its doors permanently on Thursday due to mounting losses.The closure put an end to the hospital's 82-year history, which began after the late Paik In-je, a pioneer of modern Korean medicine, founded the Paik Inje Surgical Clinic in 1941, which later became the current hospital. However, the closure has caused ongoing internal conflicts around a group of professors working at the hospital and teaching at Inje University who have resisted the Inje Educational Foundation's decision to shut down the facility.“We cannot accept the shutdown,” the professors said in their statement. “Those involved in illegal and unfair activities during the decision-making process should all be punished.

Aug 31, 2023By Jun Ji-hye
Seoul Paik Hospital closes down after 82 years
Politics

INTERVIEW 'Labor reforms aim to foster conditions favorable for both business, labor'

Employment and Labor Minister Lee Jung-sik holds an interview with The Korea Times at the Seoul Regional Employment and Labor Office, Aug. 23. Korea Times photo by Shim Hyun-chulMinister tackles aging population, low birthrate challenges facing labor sectorBy Jun Ji-hyeReforming the labor sector means not only pursuing pro-business policies, but also promoting a worker-friendly environment, the labor minister said, refuting criticism from unions that the Yoon Suk Yeol administration has been leaning too heavily in favor of big businesses. During a recent interview with The Korea Times, Employment and Labor Minister Lee Jung-sik said the government's labor reform agenda has emphasized laws and principles with the aim of improving outdated norms and practices and creating a sustainable labor market that can be a substantial help to both workers and managers. “So, the government's labor reform policies are not pro-business and anti-labor, but pro-business and pro-labor,” Lee said. “The two umbrella labor organizations have resisted the government's emphasis on laws and

Aug 30, 2023By Jun Ji-hye
[INTERVIEW] 'Labor reforms aim to foster conditions favorable for both business, labor'
Environment & Animals

First lady reaffirms efforts to ban dog meat consumption

First lady Kim Keon Hee speaks during a press conference held by civic groups at the Press Center in central Seoul, Wednesday. The press conference was held to call for legislation to ban dog meat consumption. Korea Times photo by Yun Seo-youngBy Jun Ji-hyeFirst lady Kim Keon Hee vowed to continue to make efforts and conduct a campaign to end the country's contentious culture of eating dog meat, during a surprise appearance at a news conference hosted by civic groups, Wednesday.“I will become friends with these people (members of the civic groups), and campaign and make efforts to bring an end to dog meat consumption. I promise,” Kim said during the press conference that was held to call on the National Assembly to legislate a law banning dog meat consumption.“Humans and animals should coexist. Illegal dog meat activities should be put to an end.”First lady Kim Keon Hee shows a picture of a puppy on the back of her hand during a press conference held by civic groups at the Press Center in central Seoul, Wednesday. Korea Times photo by Yun Seo-youngAfter her re

Aug 30, 2023By Jun Ji-hye
First lady reaffirms efforts to ban dog meat consumption
Politics

Educators poised to take collective action on Sept. 4 over young teacher's suicide

Teachers stage a rally in front of the National Assembly, Saturday, calling for measures to better protect teachers' rights and unearth the truth behind the July 18 suicide of a young elementary school teacher. YonhapBy Jun Ji-hyeTens of thousands of educators across the country are poised to take yearly leave on Sept. 4, with nearly 500 schools moving to designate the day a discretionary holiday, as part of protests against the government and the National Assembly as teachers call for measures to better protect their rights in the workplace and call for justice following the suicide of a young teacher in July.The day marks the 49th day since a teacher in her 20s ended her own life inside her classroom at an elementary school in Seoul's affluent Seocho District on July 18. She allegedly had been in conflict with the parents over an incidence of violence involving some of her students.In many Buddhist traditions, 49 days is the total mourning period, as Buddhists believe that rebirth takes place within 49 days of death. The Ministry of Education warned that it will respond sternly to

Aug 28, 2023By Jun Ji-hye
Educators poised to take collective action on Sept. 4 over young teacher's suicide
Society

Korea University to raise ratio of foreign students to 30% in 5 years

Korea University President Kim Dong-one speaks during an interview with The Korea Times at his office at the university in Seoul, Aug. 17. Korea Times photo by Choi Won-sukPresident of school strives to narrow gap between university and industry By Jun Ji-hyeKorea University will drastically raise the ratio of foreign students and teaching staff to 30 percent each to create a more cosmopolitan and diverse campus. This is the strategy of its President Kim Dong-one to boost the school's global competitiveness and overcome difficulties stemming from the country's falling population. “The current ratio of foreign students at the university stands at about 10 percent, and that of foreign teaching staff is far lower,” Kim said during a recent interview with The Korea Times. “I am aiming to raise these figures to 30 percent each within five years to strengthen our global positioning.”Kim, who took office in March this year, noted that Korea was among the world's top 10 economies in 2020 and 2021, but not many domestic universities have entered the top 100 of the worl

Aug 28, 2023By Jun Ji-hye
Korea University to raise ratio of foreign students to 30% in 5 years
Politics

Ex-president and ruling party lawmaker clash online over Fukushima water release

Former President Moon Jae-in / Courtesy of Democratic Party of KoreaBy Jun Ji-hyeFormer President Moon Jae-in was engaged in a heated online confrontation with Rep. Ha Tae-keung of the ruling People Power Party over their views on Japan's release of treated radioactive wastewater from the crippled Fukushima Daiichi Nuclear Power Plant.The battle began after Ha wrote on his Facebook, Thursday, that the former president should know that Japan's wastewater release would have little impact on the waters surrounding Korea.“At the time, Moon's foreign minister said the government will follow the decision to be made by the International Atomic Energy Agency (IAEA),” Ha wrote. “Supporters of the main opposition Democratic Party of Korea should face up to the reality.”The comments came amid intensifying protests from the opposition party over the Fukushima release. The party has argued that the release would pose great health risks to people, with Chairman Rep. Lee Jae-myung denouncing it “as an act of terror.”In April 2021, when Moon was in power, the Japa

Aug 25, 2023By Jun Ji-hye
Ex-president and ruling party lawmaker clash online over Fukushima water release
Politics

Questions mount over accuracy of government's Fukushima wastewater video view count

This captured image shows the YouTube video, created by the Korean government, about Japan's release of treated radioactive water from the crippled Fukushima nuclear power plant. Captured from YouTubeBy Jun Ji-hyeA YouTube video, created by the Korean government to mitigate anxiety over Japan's release of contaminated water from the crippled Fukushima nuclear power plant, has garnered more than 16 million views in less than two months. However doubts have arisen regarding the possible manipulation of view counts as other videos created by the government have generated only about 300 to 2,000 views.Chin Jung-kwon, a political critic and professor at Kwangwoon University in Seoul, ridiculed the “impressive” view counts, saying only K-pop stars such as BTS could have managed to garner such a number. Japan began discharging the first batch of wastewater into the ocean on Thursday despite concerns raised by neighboring countries and fishing groups in the region.The video in question was uploaded on July 7 to the government's official YouTube channel.The video, titled “Ko

Aug 25, 2023By Jun Ji-hye
Questions mount over accuracy of government's Fukushima wastewater video view count
  • Korean firms face backlash over plan to serve more seafood at cafeterias
Health

Korea to downgrade COVID-19's infection level to lowest Aug. 31

A medical worker carries out COVID-19 testing at a local public health center in Daegu, Wednesday. YonhapBy Jun Ji-hyeHealth authorities have decided to downgrade the COVID-19 infection classification level to the lowest, Class 4, from the current Class 2 on Aug. 31, as the virus situation has stabilized, Korea Disease Control and Prevention Agency (KDCA) Commissioner Jee Young-mee said Wednesday.The decision means that the government will manage the infectious disease like seasonal flu, lift nearly all antivirus curbs and stop counting the number of daily new cases that have continued for the past three years and seven months. Instead, the government will shift its focus to protecting high-risk groups of people such as the elderly. “We have decided to manage COVID-19 within the general healthcare system, as the risk of the disease has decreased to the flu level for healthy people,” Jee said during a government meeting. “In addition, we have secured sufficient medical capabilities to cope with the disease.”Jee noted that the number of daily new virus cases, wh

Aug 23, 2023By Jun Ji-hye
Korea to downgrade COVID-19's infection level to lowest Aug. 31
Society

Kunsan National University seeks to attract global talent for local firms

Kunsan National University President Lee Jang-ho / Courtesy of Kunsan National University'Foreign students can be given benefits in terms of visa issuance'By Jun Ji-hyeKunsan National University, located in North Jeolla Province, has established a strategy aimed at attracting more foreign students to nurture global talent to work at businesses and factories located in the Gunsan and Saemangeum industrial complexes nearby, according to its President Lee Jang-ho.As part of efforts to achieve that goal, the university signed memoranda of understanding with about 150 schools around the world, including Pueblo Community College in Colorado as well as ones in China, Japan, India and Vietnam.The university's strategy coincides with an announcement made earlier this month by the Ministry of Education to attract 300,000 foreign students to study at domestic universities by 2027 in a bid to?preemptively?secure skilled foreign workers for?high-tech?industries and boost the global competitiveness of the country.“There are various options for foreign students. They can enter Kunsan National

Aug 23, 2023By Jun Ji-hye
Kunsan National University seeks to attract global talent for local firms
Law & Crime

Recurrence of violent crimes reignites debate over death penalty

A 30 year-old man identified only by his surname Choi is escorted by police to a court hearing, Saturday. The court issued a warrant to arrest him for assaulting and raping a woman on a hiking trail in Sillim-dong in Seoul, Thursday. YonhapCriminologists say death penalty would not have deterrent effectBy Jun Ji-hyeBrutal stabbings and the violent rape of a school teacher on her way to work in a residential area of Seoul in recent weeks have not only escalated fears among the public, but also reignited a fierce debate over resuming the executions of death row inmates in Korea, which were halted 26 years ago.After Cho Seon, 33, went on a stabbing spree killing one man and wounding three others near Sillim Station in Seoul, July 21, a similar knife rampage occurred, Aug. 3, by 22-year-old Choi Won-jong near Seohyeon Station in Gyeonggi Province, that left one woman dead and 13 others wounded.A combined photo shows Choi Won-jong, left, the suspect of a stabbing rampage near Seohyeon Station, and Cho Seon, the suspect of knife attacks near Sillim Station. Yonhap Then on Thursday, a 30-ye

Aug 21, 2023By Jun Ji-hye
Recurrence of violent crimes reignites debate over death penalty
  • Autopsy suggests rape victim died from strangulation
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