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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

S. Korea raises alert level to 'highest' for COVID-19

President Moon Jae-in speaks at an inter-agency meeting on COVID-19 at the Government Complex Seoul, Sunday, amid confirmation of hundreds of additional cases of the new coronavirus over the weekend. Moon said the government has decided to raise the alert level for the virus to its “highest” as the country is being “confronted by a grave watershed.” / YonhapKorea reports 169 new coronavirus cases, 6th deathBy Jun Ji-hyeThe government raised the country's alert level for COVID-19 (nCoV-2019) to its highest, Sunday, as the total number of infections here rose to 602, and the death tally from the coronavirus reached six as of 10 p.m. (Sunday)“We're facing a critical point in the fight against the coronavirus,” President Moon Jae-in said Sunday, announcing the new alert. “The next several days will be an important watershed, and central and local governments, the quarantine authorities and medical sector, and all people must make all-out joint efforts.”The last time Korea saw the highest public health alert was in 2009 when it was hit by th

Feb 23, 2020By Jun Ji-hye
S. Korea raises alert level to 'highest' for COVID-19
  • Virus issue becoming variable in election
Health

Fears growing over coronavirus pandemic

Officials from a public health center in Daegu disinfect streets near a church, Thursday, as dozens of the members of the church were confirmed to have been infected with the new coronavirus. / YonhapKorea reports 1st death of coronavirus patientBy Jun Ji-hyeThe government said Thursday that it had confirmed 53 new cases of COVID-19 (nCoV-2019) infection, reporting a surge in patients for the second consecutive day and raising the total to 104. It also announced the first death of a novel coronavirus patient, saying the 63-year-old man died Wednesday after being diagnosed with pneumonia at a hospital in North Gyeongsang Province. A post-mortem examination revealed the deceased had been infected with the virus.The central disaster management headquarters (CDMH) said the health authorities were working to determine the exact cause of death, remaining cautious about concluding that he died from the new coronavirus. The announcement came a day after the administration confirmed 20 additional cases. The surge in the number of infected people has increased Korea's total infections by more

Feb 20, 2020By Jun Ji-hye
Fears growing over coronavirus pandemic
  • N. Korea imposes 30-day quarantine to fight coronavirus
  • 800 SK hynix workers in self-quarantine over new coronavirus
  • 'Super spreader': a churchgoer who contacted hundreds in Daegu, Seoul before quarantine
  • Daegu on highest alert as coronavirus cases surge
Travel & Food

Hotel Lobby

By Jun Ji-hyeMillennium Hilton Seoul offers promotion featuring frog flounderMillennium Hilton Seoul's Japanese restaurant, Genji, offers a special promotion in March and April that features frog flounder. The chef is offering a special five-course menu that showcases delicious frog flounder in a nourishing hot pot.Frog flounder is a tasty variety of flatfish that is often made into sushi, or grilled, boiled, simmered or fried. The fish has a pleasurable chewy texture and offers the perfect balance between fat and flavor. Also, it is known to be good for strengthening immunity.The multi-course menu will start off with egg custard as an appetizer, followed by a spring vegetables salad with flower cake and frog flounder with sashimi. The frog flounder and abalone with mugwort hotpot is next, accompanied by steamed rice and Japanese pickles. Then, a fresh fruit selection to finish the meal is offered. The frog flounder and abalone hot pot special menu is priced at 110,000 won ($92) per person including tax and service charge.Park Hyatt Seoul presents suite promotionPark Hyatt Seoul gre

Feb 20, 2020By Jun Ji-hye
Hotel Lobby
Companies

Airlines, travel agencies to receive gov't aid

Tourists wait for airport limousine buses, Feb. 11, in front of the Incheon International Airport Terminal 1, which has become quieter than usual following the outbreak of the new coronavirus. The government said Monday that it will expand its financial aid for airlines and tourism companies hit by the contagious disease. / YonhapBy Jun Ji-hyeThe government will offer up to 300 billion won ($254 million) in emergency loans through the state-run Korea Development Bank to low-cost carriers (LCCs) that have suffered a heavy hit to their earnings because of the new coronavirus, officials said Monday.The government will also allow delayed payment of fees for the use of airport facilities for up to three months, and will reduce landing charges by 10 percent for two months from June if demand for flights has not recovered within the later part of the first half of the year. The measures to support local air carriers, drawn up by the Ministry of Land, Infrastructure and Transport, were finalized at a meeting with economy-related ministers presided over by Finance Minister Hong Nam-ki.“

Feb 17, 2020By Jun Ji-hye
Airlines, travel agencies to receive gov't aid
  • Korean economy feared to contract in Q1
Companies

KLM hit for 'racial discrimination' against Koreans

The image captured from Instagram shows a notice in Korean posted on the KLM aircraft's toilet saying the toilet was reserved for crew only. / YonhapBy Jun Ji-hyeDutch carrier KLM is facing mounting criticism for its “racial discrimination” against Korean passengers by treating them as potential carriers of the coronavirus, according to airline industry officials Thursday.This comes at a time when an increasing number of people of Asian appearance around the world are being subjected to racist and xenophobic comments since the virus emerged from the Chinese city of Wuhan late last year.A 28-year-old Korean passenger, surnamed Kim, who boarded the flight KL855 from Amsterdam to Incheon, Monday, found a notice posted on the wall of one of the aircraft's toilet cubicles.The notice written in Korean reads, “Toilet for crew use.” Kim was curious why the notice was written only in Korean while passengers of various nationalities were on board. She took a photo of the notice and asked one of the crew members about it. The crew member said it was a protective mea

Feb 13, 2020By Jun Ji-hye
KLM hit for 'racial discrimination' against Koreans
  • Dutch airlines apologizes for barring Koreans from using toilet due to virus concerns
Companies

Airlines desperate to cut labor costs

By Jun Ji-hyeKorean Air, Asiana Airlines and other local carriers are scrambling to reduce expenses amid a series of unfavorable factors such as the coronavirus outbreak and continuing nationwide boycotts of trips to Japan, company officials said Wednesday. Asiana Airlines has received applications from its flight attendants for 15 days of unpaid leave starting Saturday as the number of flights on routes from Korea to China has significantly decreased since the coronavirus broke out in the Chinese city of Wuhan late last year.The company has operated 26 routes to China, and of them, it suspended 12 routes and cut flights on 12 other routes.“The measure is in response to reduced demand for Chinese routes,” an Asiana Airlines official said.The measure came after the nation's No. 2 carrier asked its employees in general services to take unpaid leave for 15 days to two years last year amid falling profits due mainly to lower demand for travel on Japanese routes.In July last year, Japan began to impose restrictions on exports of key industrial materials to Korea, triggering an

Feb 12, 2020By Jun Ji-hye
Society

Environment minister faces backlash for bashing ice fishing festival

Visitors enjoy the Hwacheon Sancheoneo Ice Festival in Gangwon Province, Feb. 2. / YonhapBy Jun Ji-hyeEnvironment Minister Cho Myung-rae is facing a growing backlash from residents in Hwacheon, Gangwon Province, for criticizing a regional ice fishing festival, according to officials at Hwacheon County Office Monday.On Feb. 6, Cho told reporters that the annual Hwacheon Sancheoneo Ice Festival, which kicked off Jan. 27, was an “undesirable event” designed to promote human enjoyment at the expense of animal life.The popular winter fishing event hosted by Hwacheon, a remote mountain town, invites tourists to catch sancheoneo, a species of mountain trout, through holes in a vast frozen river and take part in other events such as sledding and ice soccer. These particular fish are known to live only in clean fresh water.“The environment ministry will discuss its future policies related to festivals that take the lives of fish,” Cho said. Environment Minister Cho Myung-rae speaks during a media conference at the Korea Press Center in Seoul, Thursday. / Courtesy of Mi

Feb 10, 2020By Jun Ji-hye
Environment minister faces backlash for bashing ice fishing festival
Companies

Travel agencies take beating from coronavirus

Three new coronavirus patients confirmed SundayBy Jun Ji-hyeHanaTour, Modetour and other travel agencies here have been hit hard by the spread of the new coronavirus as Koreans have become reluctant to travel abroad over the past month, according to company officials. People had initially avoided going to China, the epicenter of the coronavirus outbreak, but more and more people fear traveling to Southeast Asia and other parts of the world after people fell ill after visiting Japan, Singapore and Thailand, they said.Some small enterprises are even expected to file for bankruptcy as an increasing number of people are canceling their overseas trips.Originating in the Chinese city of Wuhan, the new coronavirus has been spreading rapidly around the world. On Sunday, the government here confirmed three new coronavirus patients, raising the total number to 27. The January-February period, which overlaps with the winter vacation and graduation ceremonies, has been one of the traditional peak seasons for the travel industry. Warm Southeast Asian countries account for more than 50 percent of

Feb 9, 2020By Jun Ji-hye
Travel agencies take beating from coronavirus
  • Samsung to offer $2.1 billion cash aid to virus-hit suppliers
Health

Prank calls related to virus infection increase

GettyimagesbankBy Jun Ji-hyePolice and ambulance services here have received an increasing number of prank calls from people making false reports of new coronavirus infections, officials said Wednesday, warning that those who interrupt the work of the emergency services are subject to legal punishment.A man in his 20s who lives in Gwangju made a 119 emergency call, Jan. 29, claiming he had been sick with pneumonia since he returned home from China.The call was made amid mounting fears here over the spread of the virus that originated in the Chinese city of Wuhan, which can cause pneumonia.The 119 situation room directed him to a nearby hospital but when quarantine officials checked with the facility, they found no record of his visit.Police officials, who traced his immigration records, later found out that he had not visited China around that time.On Feb. 2, a man in his 20s was picked up by police at a restaurant in Seoul after causing a massive disturbance there. After being taken to a police station, he suddenly started coughing, claiming he may have been infected

Feb 5, 2020By Jun Ji-hye
  • Gov't under mounting pressure to extend entry ban
Health

Airlines, retailers struggling to cope with coronavirus

A quarantine official checks passengers arriving at Incheon International Airport from China for signs of fever and other symptoms amid growing concerns over the spread of the Wuhan coronavirus, Tuesday. / Yonhap By Jun Ji-hyeAirlines, travel agencies and duty-free stores are expected to suffer a heavy hit to their earnings following the outbreak of the Wuhan coronavirus as an increasing number of people here are canceling trips to China, industry officials and analysts said Tuesday.Inbound travelers from China will also likely decrease sharply as the government there banned its citizens from booking overseas tours and purchasing overseas flights and hotel packages, starting Monday. Securities companies said the new coronavirus, which causes pneumonia-like symptoms, is expected to hit the industries harder than the outbreak of SARS in 2003. On Friday, Korean Air suspended its flights to the Chinese city of Wuhan, where the virus originated, until the end of the mont

Jan 28, 2020By Jun Ji-hye
Airlines, retailers struggling to cope with coronavirus
  • Korean stocks plunge on coronavirus fears
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