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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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Society

Move to revise anti-corruption law sparks dispute

A sign at a restaurant in Seoul displays the price of its “Kim Young-ran menu” at 30,000 won. YonhapBy Jun Ji-hyeOpinions have been divided over the possibility of raising the price cap for meals under the country's anti-corruption law, after the presidential office said it was considering raising the limit from the current 30,000 won ($23) to 50,000 won.The so-called Kim Young-ran Act, which came into effect in 2016, prohibits public officials, private school teachers and journalists from being treated to meals that cost more than 30,000 won or receiving gifts priced over 50,000 won. The law, named after a former Supreme Court justice who also was the chief of the Anti-Corruption and Civil Rights Commission, was laudably aimed at eradicating corruption and bribery, but there have been calls for some restrictions to be revised due to steep inflation in recent years.Presidential spokesman Lee Do-woon said the revision to raise the food price ceiling is being discussed as part of measures to stimulate domestic consumption.“Broad discussions are going on to explore eco

Mar 1, 2023By Jun Ji-hye
Move to revise anti-corruption law sparks dispute
Politics

Yoon vows to create 'Boston Cluster' in Korea

President Yoon Suk Yeol speaks during a meeting with health industry executives, scholars and doctors to discuss ways to create new markets related to biohealth at the former presidential office compound of Cheong Wa Dae, Tuesday. YonhapGov't plans to foster biohealth sector as key strategic industryBy Jun Ji-hyePresident Yoon Suk Yeol vowed strong government support for domestic biohealth players in order to foster the industry as the country's core strategic business. During a meeting he presided over at the former presidential office compound of Cheong Wa Dae, Tuesday, Yoon said that the biohealth field, which includes pharmaceuticals, medical devices, medicines and bioengineering, has enormous growth potential, calling the sector “Korea's next semiconductor.”The meeting was aimed at exploring strategies for expanding exports and opening new markets for the biohealth industry. Participants included health industry executives, scholars and doctors as well as government officials from relevant ministries. “The global biohealth market is valued at about 2,600 trilli

Feb 28, 2023By Jun Ji-hye
Yoon vows to create 'Boston Cluster' in Korea
Law & Crime

Mandating patients to clean hospital violates human rights: court

gettyimagesbankBy Jun Ji-hyeA local hospital infringed on patients' rights to receive treatment when it ordered patients recovering from alcoholism to clean the facilities, although the hospital claimed such an order was for rehabilitation purposes, according to a court.According to legal sources, Monday, the Seoul Administrative Court handed down the ruling against the four plaintiffs who filed a lawsuit, Dec. 15, asking the court to revoke a decision made by the National Human Rights Commission of Korea (NHRCK) in 2020. In May 2020, one of the inpatients of the hospital filed a complaint with the NHRCK, accusing the hospital of having ordered the inpatients to clean the facilities and prohibited them from having mobile phones.In August of that year, the NHRCK concluded that the hospital had violated their right to good medical care, advising it to stop imposing labor on them and allow them to have mobile phones. This decision led the four hospital officials to file their lawsuit. During the trial, one of the plaintiffs claimed, “The cleaning order was for rehabilitation purpo

Feb 27, 2023By Jun Ji-hye
Mandating patients to clean hospital violates human rights: court
Health

Tensions rise over Nursing Act

Lee Pil-soo, center, the head of the Korean Medical Association, speaks during a rally in front of the National Assembly, Sunday, to protest the Assembly's move to legislate the Nursing Act. YonhapBy Jun Ji-hyeA conflict is intensifying between nurses and other medical workers, including doctors, over the National Assembly's move to pass a bill legislating the Nursing Act.Independent from the Medical Services Act, the proposed nursing law would clarify the scope of nurses' work and improve their working conditions, aiming to resolve nurses' frequent complaints over ambiguities in their roles and duties as stipulated in the Medical Services Act that they claim have increased their workload. Nurses, however, seem to be the only group welcoming this legislation, as other medical workers' groups such as the Korean Medical Association (KMA) ― comprised of doctors ― are bitterly opposed.The objectors are stepping up their protest as the bill, backed by the main opposition Democratic Party of Korea (DPK) which controls more than half of the 300-seat Assembly, is likely to be passed if it is

Feb 27, 2023By Jun Ji-hye
Tensions rise over Nursing Act
Health

Children's health care crisis looms large in Korea

gettyimagesbankGov't urged to set up long-term policies to expand number of pediatric physiciansBy Jun Ji-hyeKim Ji-hye, the mother of a 13-month-old boy, was alarmed to find her son had a fever early Saturday morning.As the new mother has learned, a fever could have a catastrophic impact on a baby. She rushed him to a nearby children's hospital in Seocho District in Seoul, only to find a long line of parents with their sick kids, 30 minutes before the hospital opened.“There were more than 25 patients waiting for treatment just 15 minutes after the hospital opened,” Kim said. “It was so hard to wait for my son's turn while standing up cradling the crying baby in my arms for more than an hour. I was also scared that my son's condition could worsen while having to wait for a long time to receive treatment.”Similar stories experienced by many other parents with sick children can be spotted easily on online communities amid a deepening shortage of medical facilities for children and pediatric physicians in the country.The shortage is mainly attributed to a falling

Feb 27, 2023By Jun Ji-hye
Children's health care crisis looms large in Korea
Politics

49% of Koreans support opposition leader's arrest, poll shows

Rep. Lee Jae-myung, the chairman of the main opposition Democratic Party of Korea, attends a plenary session of the National Assembly, Friday. YonhapBy Jun Ji-hyeNearly half of all Koreans agree that main opposition Democratic Party of Korea (DPK) Chairman Rep. Lee Jae-myung should be arrested, according to a Gallup Korea poll released Friday. Lee faces charges of corruption related to a land development scandal and a separate bribery allegation involving a football club during his tenure as the mayor of Seongnam, Gyeonggi Province, from 2010 to 2018.In the poll conducted from Tuesday to Thursday, 49 percent of the 1,000 adults surveyed said Lee should be arrested, while 41 percent thought otherwise. The poll was carried out after prosecutors sought a warrant to arrest Lee on Feb. 16. It was the first time in Korea that an arrest warrant had been sought on the leader of the country's largest opposition party.A motion requesting parliamentary consent to Lee's arrest was reported in the National Assembly on Friday ahead of a vote.The parliamentary consent is necessary for Lee's arrest

Feb 24, 2023By Jun Ji-hye
49% of Koreans support opposition leader's arrest, poll shows
Society

Is asking restaurant staff to warm up baby food overly demanding?

gettyimagesbankBy Jun Ji-hyeDo you think that parents who ask restaurant staff to warm up baby food they have brought ― either by microwave or hot water ― are overly demanding?This question has been sparking heated debate in online communities in recent days.Some say the request asks too much of restaurant staff as baby food is purchased or cooked outside a restaurant. Others say such requests are acceptable if a restaurant does not sell food for babies. The debate started with a post uploaded on Feb. 17 on the local online community Nate Pann. In the posting, a user who claimed to be a single woman talked about her friend who brought her baby to a friend's gathering and asked restaurant workers to warm up baby food and bring a teaspoon for the baby.The user asked other people whether or not they thought her friend's behavior was acceptable. The post drew great attention and was followed by other related posts.Another user, who claimed to be an owner of a restaurant, wrote that parents who ask for baby food to be warmed up are unwelcome guests.“I think such parents are demandin

Feb 24, 2023By Jun Ji-hye
Is asking restaurant staff to warm up baby food overly demanding?
Health

Korea to lift PCR test requirement on arrivals from China starting March

Kim Sung-ho, vice minister for disaster and safety management at the Ministry of Interior and Safety, speaks during a meeting of the Central Disaster and Safety Countermeasures Headquarters held at the Government Complex in Sejong, Wednesday. During the meeting, the government decided to lift the mandatory post-arrival PCR tests for travelers from China beginning March 1. Yonhap By Jun Ji-hyeKorea will lift mandatory post-arrival PCR tests on travelers entering Korea from China beginning March 1, as the COVID-19 situation has remained stable in both countries in recent weeks. The government also decided to lift a measure that has restricted all flights arriving from China to land only at Incheon International Airport.The authorities said, however, that the pre-arrival test requirement and Q-code uploads that visitors entering the country from China need to submit will remain in place until March 10 to monitor the effects of the eased restrictions.

Feb 22, 2023By Jun Ji-hye
Korea to lift PCR test requirement on arrivals from China starting March
Politics

Controversial pro-labor bill passed by opposition-controlled Assembly committee

Members of the main opposition Democratic Party of Korea and the minor opposition Justice Party unilaterally pass a controversial bill, designed to restrict employers' damages suits against striking workers, during a meeting of the National Assembly's Environment and Labor Committee, Tuesday. Seats for members of the ruling People Power Party are left empty as they walked out of the meeting in protest. YonhapRuling party walks out of meeting in protestBy Jun Ji-hyeA parliamentary committee controlled by opposition parties passed a controversial bill restricting employers' damages suits against striking workers, Tuesday, despite strong objections from the ruling party and the government as well as businesses. The National Assembly's Environment and Labor Committee passed the bill aimed at revising the Trade Union and Labor Relations Adjustment Act, after members of the ruling People Power Party (PPP) walked out of the meeting in protest.The main opposition Democratic Party of Korea (DPK) holds a majority in the labor committee as well as the National Assembly, with backup from the min

Feb 21, 2023By Jun Ji-hye
Controversial pro-labor bill passed by opposition-controlled Assembly committee
  • Businesses protest passage of 'yellow envelope' bill by Assembly committee
Travel & Food

Expectations grow over resumption of Jeju-China direct flights

Jin Air airplanes are parked on the tarmac at Jeju International Airport on Jan. 26. YonhapBy Jun Ji-hyeAirlines are preparing to resume direct flights between Jeju Island and Chinese cities as China's COVID-19 infection wave and virus situation seems to have entered a phase of stabilization.Jin Air, Korean Air's budget airline, is preparing to resume its flights between Jeju Island and the Chinese city of Xi'an based on the belief that the operation of the flights may be possible starting from next month at the earliest. “We are keenly monitoring related situations both in Korea and China,” a Jin Air official said. Hong Kong Express Airways is also preparing to operate flights between Jeju Island and Hong Kong from late next month. The resumption will be decided after the government lifts its Jan. 2 measure, which restricted all flights arriving from China to landing at Incheon International Airport only. This measure was enforced as part of tightened curbs on travelers entering from China amid a surge in coronavirus infections in that country. According to sources in th

Feb 21, 2023By Jun Ji-hye
Expectations grow over resumption of Jeju-China direct flights
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