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Jun Ji-hye

Korea Times Finance Reporter

Jun Ji-hye, a reporter at the finance desk of The Korea Times, focuses primarily on economic policy and government agencies, mainly covering the Ministry of Finance and Economy, the Ministry of Budget and Planning, the National Tax Service and the Korea Customs Service. She previously covered financial authorities, including the Financial Services Commission and the Financial Supervisory Service, and earlier worked on the political, city and business desks, reporting on a wide range of issues.

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South Korea

NK pilot believed to die in 2009 rocket launch

By Jun Ji-hye North Korea has paid tribute to 14 of its military personnel who were involved with the launch of a satellite in 2009, including one Air Force pilot who died. According to the North’s official Korean Central News Agency (KCNA) Tuesday, the country’s leader Kim Jong-un inspected Unit 447 of the Air and Anti-Air Force and was pictured in front of a monument to honor the “14 stalwart fighters who displayed great bravery.” The KCNA added that the monument honors the “heroic feats performed by the military to ensure the successful launch of the Kwangmyongsong-2 satellite.” Following the report, some South Korean vernacular media reported that 14 people appear to have died during the operation. However, officials noted that only one pilot is believed to have been killed. This is thought to have occurred on April 4, 2009, a day before the rocket launch, while he was on a reconnaissance flight close to the launch site scouting for possible interceptions.A report made last year by the Rodong Sinmun, a daily newspaper run by the North

Mar 3, 2015By Jun Ji-hye
South Korea

Park to meet bipartisan chairmen mid-March

By Jun Ji-hye President Park Geun-hye is expected to meet ruling Saenuri Party Chairman Rep. Kim Moo-sung and his main opposition New Politics Alliance Democracy (NPAD) counterpart Rep. Moon Jae-in by as early as the middle of this month.According to ruling party spokeswoman Rep. Kwon Eun-hee, Park accepted the chairmen’s offer to meet after she returns from the Middle East on March 9.The three met on Sunday morning at the Sejong Center for the Performing Arts before the commemoration of Korea’s 1919 nationwide uprising movement against Japan’s 1910-45 colonial occupation.“Park, Kim and Moon had a short conversation at a waiting room before the event took place,” Kwon said. “Kim asked Park to meet with bipartisan chairmen and explain the result of her Middle East tour. Moon actively supported Kim’s offer.”Kwon quoted President Park as saying: “I have invited the opposition members several times, but to no avail. I hope to have those meetings frequently. Let me meet with Kim and Moon after coming back from the Middle East.&rdq

Mar 1, 2015By Jun Ji-hye
South Korea

North urges South to join its anti-US fight

By Jun Ji-hye North Korea called on the South to join its fight against the United States in order to achieve unification of the two Koreas, Sunday.“The North and South need to join forces to remove American invaders from South Korean soil,” said the Democratic Front for the Reunification of the Fatherland (DFRF) in a letter of plea.The Korean Central News Agency (KCNA), the North’s state-controlled media, reported release of the letter on the occasion of 96th anniversary of the March 1 independence movement.Referring to the U.S. as the main enemy, the DFRF said that the entire nation needs to come forward and fight against Washington.“The U.S. is the root of all misfortunes and disasters facing the people in the South,” the letter said.It also criticized Seoul and Washington’s annual exercises Key Resolve and Foal Eagle, which will begin today, labeling them as aggressive war practices and actions that will result in a nuclear disaster on the Korean Peninsula.The reclusive state has called on Seoul and Washington to cancel the drills, saying

Mar 1, 2015By Jun Ji-hye
South Korea

ROK, US Navies to conduct Ieodo defense training today

By Jun Ji-hye The navies of South Korea and the United States will carry out a joint drill today to rehearse defense of a submerged reef, known here as Ieodo, from outside forces.The drill is part of the allies’ maritime maneuvers that began on Feb. 27 and will continue until mid-March in South Korean territorial waters on the West, East and South seas.The Navy said in a statement that it is part of the annual spring Foal Eagle exercises involving land, sea and air maneuvers that will begin today and last through April 24.Situated about 149 kilometers southwest of Jeju Island, the Ieodo was first discovered by the ROK Navy in 1951 after a series of shipwrecks.China is laying claim to the rock and its surrounding waters, with its vessels often violating Korean territory near the area.“The South Korean Navy will take the lead in helicopters practicing taking off from and landing on the deck of the Ieodo Ocean Research Station,” said the Navy. “Coast Guard units in Jeju Island will also participate in the drill.”A naval officer noted that the ROK Navy&

Mar 1, 2015By Jun Ji-hye
South Korea

Park calls for fresh start toward economic reform

By Jun Ji-hyePresident Park Geun-hye told Wednesday Cheong Wa Dae officials to come up with a fresh resolution to accomplish economic reform and lay the groundwork for the unification of the two Koreas.“Officials here must achieve these tasks with a sense of duty and sincerity,” Park said, during a morning assembly of employees of the presidential office. “I want you to regard Cheong Wa Dae itself as a taskforce to manage state affairs. You need to bear in mind that a mistake or deviant behavior by even one single person can wield great influence upon the whole office.”Park made the remarks on the second anniversary of her inauguration.The comments come after falling approval ratings following a series of controversies over her uncommunicative leadership style and mounting calls for reform of Cheong Wa Dae personnel.“It is a special opportunity to serve the nation and its people,” she said. “The harder we work, the better life the people can enjoy. We need to feel great responsibility for what we are doing, and let us do our utmost.

Feb 25, 2015By Jun Ji-hye
South Korea

F-22 Raptor fighter coming to Korea

F-22 Raptor fighterBy Jun Ji-hyeThe F-22 Raptor fighter is scheduled to fly to Korea from the U.S. in October for the Seoul International Aerospace and Defense Exhibition 2015 (Seoul ADEX).According to the U.S. Air Combat Command (ACC) website, its F-22 Raptor Demo Team is visiting Seoul Airport in Seongnam, Gyeonggi Province, for six days from Oct. 20, with the Lockheed Martin F-22.It is unknown how many fighter jets will come.An Air Force officer noted that a flight demonstration team in general performs with two aircraft.Several state-of-the-art stealth fighters visited Korea in 2013 to join the allies’ annual Foal Eagle exercise, which involves land, sea and air maneuvers. But this is the first time for them to be featured at the air show.The F-22 Raptor Demo Team performs maneuvers that demonstrate the super-maneuverability of the plane.The team is stationed at the home of the ACC at Langley, Va.Meanwhile, Northrop Grumman is also pushing for displaying its very-high-altitude unmanned aerial vehicle (HUAV) Global Hawk in the event, according to industrial sources. Its mock

Feb 25, 2015By Jun Ji-hye
South Korea

Key Resolve exercise begins March 2

By Jun Ji-hyeSouth Korea and the United States’ annual Key Resolve exercise will take place from March 2 to 13, the Combined Forces Command (CFC) announced Tuesday. The war game will involve about 10,000 South Korean and 8,600 American troops to test various scenarios in which South Korea’s Joint Chiefs of Staff plays a leading role in conducting operations.“This is a critical exercise to train alongside our ROK (Republic of Korea) and United Nations Sending State partners,” said Gen. Curtis Scaparrotti, the commander of the CFC, United States Forces Korea and the U.N. Command (UNC). “It is important to maintain our high level of proficiency on key tasks while exercising different scenarios.”In particular, the participation of the USS Fort Worth, a 3,450-ton Freedom-class littoral combat ship (LCS), draws keen attention as it will mark the first LCS trained with the South Korean Navy. U.S. Naval Forces Korea spokesman Arlo Abrahamson said in a statement, “The exercise provides a great chance to increase our combined readiness, which ultimatel

Feb 24, 2015By Jun Ji-hye
South Korea

Park still in hot seat over THAAD deployment

By Jun Ji-hyePresident Park Geun-hye, who took office two years ago today, has received a favorable evaluation in her efforts to maintain a close alliance with the United States and improve South Korea-China relations.However, whether to deploy the Terminal High-Altitude Area Defense (THAAD) system on the Korean Peninsula still remains troublesome as her third year in office begins. The issue is forcing her to walk a tightrope between Seoul’s military ally Washington and No. 1 trading partner Beijing.The U.S. has consistently expressed its hope to bring its latest ballistic missile interception system to South Korea, stressing that the battery is a defensive measure against missile threats from the North.But China sees the move as a threat to its security, feeling vulnerable due to the radar system which it believes could potentially snoop on its radar systems.The issue is now seen as taking a new turn as the U.S. is reportedly seeking to deploy a radar system whose maximum detection range is shorter than that of the system it originally considered deploying.According to source

Feb 24, 2015By Jun Ji-hye
South Korea

Move to introduce low-price cigarettes faces criticism

By Jun Ji-hyeRuling Saenuri Party floor leader Rep. Yoo Seong-min took a step back Monday from his efforts to introduce low-price cigarettes following widespread criticism in political circles, including members of his own party.“We don’t have an immediate plan either to introduce or cancel the plan,” Yoo told reporters. “We are now reviewing it at an idea level.”Rep. Yoo instructed the party’s policy committee on Feb. 17 to review ways to introduce cheap, low-quality tobacco products to soothe low-earners’ discontent over January’s 2,000-won cigarette price hike.The main opposition New Politics Alliance for Democracy (NPAD) labeled Yoo’s move as populism, saying that the ruling party is pushing a half-baked policy just to attract votes.Yoo’s latest explanation followed mounting complaints, even from governing party lawmakers, who cited inconsistent policies on tobacco prices.Third-term lawmaker Chung Woo-taik argued, “Such an inconsistent policy will only arouse public mistrust toward the government.”He pointed

Feb 23, 2015By Jun Ji-hye
People & Events

Singer protest Japan's Dokdo claims

Seo HeeBy Jun Ji-hye Singer Seo Hee performed in front of the Japanese Embassy in Seoul Monday to protest against an event held in Japan to stress its claim to the Korean islets of Dokdo.Seo, who has earned the nickname “Dokdo singer” for his efforts to promote Dokdo worldwide as Korean territory, sang his song “Do you know Dokdo?” in both Korean and Japanese.“I came here with my guitar to protest against Japan’s impudent sovereignty claims despite historical evidence that shows Dokdo is part of Korean territory,” Seo told reporters after the performance. “I sang a Japanese version too to help raise its people’s awareness.”The performance came a day after Shimane Prefecture in Japan held a “Takeshima Day” ceremony with a vice minister-level official dispatched by Prime Minister Shinzo Abe. Some 500 politicians, local government officials and residents attended the event.Korea has effectively controlled Dokdo with a small police detachment since its liberation from Japan in 1945. But, Tokyo has claimed that t

Feb 23, 2015By Jun Ji-hye
Singer protest Japan's Dokdo claims
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