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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

Independent Ahn wins by-election, two Saenuri candidates win parliamentary seats

The winners of by-elections for National Assembly seats wave in their campaign offices, Wednesday. From left are Ahn Cheol-soo elected in Nowon, Seoul; Kim Moo-sung in Yeongdo, Busan; and Lee Wan-koo in Buyeo-Cheongyang, South Chungcheong Province. / YonhapBy Jun Ji-hyeIndependent candidate Ahn Cheol-soo won the Nowon district by-election in Seoul by a wide margin Wednesday, garnering 60 percent of the vote, according to the National Election Commission (NEC).Along with Ahn, the ruling Saenuri Party’s Kim Moo-sung and Lee Wan-koo were elected to the National Assembly to represent Yeongdo, Busan, and Buyeo-Cheongyang in South Chungcheong Province, respectively, with 65.7 percent and 77 percent of votes cast.Ahn’s successful entry into the Assembly came seven months after he entered politics with a bid to run in the presidential election last year.“First of all, I would like to thank Nowon voters and the people. I will repay their support by making good on my promise to introduce new politics,” he said, after his victory was confirmed.When asked whether he will

Apr 24, 2013By Jun Ji-hye
Independent Ahn wins by-election, two Saenuri candidates win parliamentary seats
South Korea

Three by-elections due Wednesday

Candidates running in the April 24 by-election in Seoul’s Nowon sit at an event encouraging people to vote hosted by a civic group, the Clean Election Campaign of Practice Citizens Conference, in front of Lotte Department Store’s Nowon branch, Tuesday, a day before polling day. From left are independent Na Ki-hwan; independent Ahn Cheol-soo; the Saenuri Party’s Huh Joon-young; the Unified Progressive Party’s Jung Tae-heung; and the Progressive Justice Party’s Kim Ji-sun. / YonhapBy Jun Ji-hyeVoters will cast their ballots Wednesday to decide the winners of three parliamentary seats in by-elections nationwide.The election begins at 6 a.m. and closes at 8 p.m., with winners expected to be known around 10 p.m. The National Election Commission plans to broadcast the election live on its website and YouTube.  Three National Assembly seats ― for Nowon in Seoul, Yeongdo in Busan and Buyeo-Cheongyang in South Chungcheong Province ― will be decided.Although the election has been somewhat out of spotlight due to North Korea’s continuing provoc

Apr 23, 2013By Jun Ji-hye
Three by-elections due Wednesday
South Korea

Gates' handshake causes red faces

Microsoft founder Bill Gates, right, keeping his hands in his pockets, is escorted by Cho Won-dong, left, senior presidential secretary for economic affairs during a courtesy call on President Park Geun-hye at Cheong Wa Dae, Monday. / YonhapBy Jun Ji-hyeMicrosoft founder Bill Gates did all the right things during his recent visit to Korea, except for shaking hands with President Park Geun-hye while keeping his other hand in his pocket.Of course, not everybody is criticizing Gates, with some attributing the casual greeting to cultural differences.“The President represents the nation. It is absurd that Gates ignored Korean culture and manner. There is no reason why he wouldn’t know this,” said a netizen identified by “kjk2****.”Another netizen, “whdg****” said, “As an old saying goes, ‘When in Rome, do as the Romans do,’ he should have followed what people do in Korea.”On the other hand, some netizens claim it is not a serious problem when taking cultural differences into account.“It is inappropriate to force Weste

Apr 23, 2013By Jun Ji-hye
South Korea

Opposition boycotts Yoon's work report

Yoon Jin-sook, left, Oceans and Fisheries Minister, speaks to Rep. Kim Jae-won of the ruling Saenuri Party, a member of the National Assembly Food, Agriculture, Forestry and Fisheries Committee, at a meeting with the ruling party and ministry in the Assembly Members’ Office Building, Monday. Opposition lawmakers of the committee refused to accept a yearly policy plan report from Yoon, scheduled to be submitted today. / YonhapBy Jun Ji-hyeOpposition lawmakers refused Monday to accept a report from Oceans and Fisheries Minister, Yoon Jin-sook, outlining her policy proposals for a year in protest of President Park Geun-hye’s decision to confirm her to the cabinet post.Yoon was scheduled to present her policy plans at the National Assembly Food, Agriculture, Forestry and Fisheries Committee today.“President Park showed her typically arrogant and non-communicative behavior by enforcing the appointment of Yoon who has been continuously criticized for not being qualified. It is the grand finale of her appointment fiasco,” said eight opposition lawmakers belonging to

Apr 22, 2013By Jun Ji-hye
South Korea

NK urged to follow Gaeseong agreements

By Jun Ji-hyePresident Park Geun-hye called on North Korea to keep to the inter-Korean agreement regarding the management of the Gaesong Industrial Complex, Monday, saying that was a fundamental solution to normalizing its operations.“Trust between the South and North will only be built with the keeping of mutual commitments. Only after that, will the two Koreas be able to make new promises,” Park said at a meeting with her senior presidential secretaries.The President said such trust-building is not only limited to Seoul, but also related to gaining the trust of the international community.“Seoul and Pyongyang previously drew up an agreement regarding investment in the complex and workers access, which the North has to carry through with,” Park said.The Stalinist state banned South Korean workers from entering the joint complex early this month and said it had decided to close Gaesong. So far, Pyongyang has shown no signs of resuming operations there, shifting the responsibility to Seoul.“The complex has been at risk of being shut down due to Seoul&rsqu

Apr 22, 2013By Jun Ji-hye
South Korea

President sends condolences to Xi

By Jun Ji-hye President Park Geun-hye sent a telegram of condolence to Chinese leader Xi Jinping, Saturday, following a powerful earthquake in Sichuan Province that killed at least 180 people and injured thousands.“Korean citizens and I were sad on hearing about the large earthquake resulting in many casualties and high property damage,” President Park said in the telegram.“Citizens of the Republic of Korea including myself express our regret over the fatalities and send our condolences to the families of the deceased,” Park said.A 7.0 magnitude earthquake struck Sichuan, southwestern China, at 8:02 a.m. Saturday (local time).In addition to the 180 dead, 24 were listed missing as of Sunday, according to the Sichuan regional government. In the city of Ya'an, which was close to the epicenter, 164 were killed, along with 6,700 injured _ among them, 500 are in a critical condition, according to Xinhua news agency.The tremor occurred about 240 kilometers from Wenchuan, which was hit by a massive earthquake in May 2008 that left close to 90,000 people dead or m

Apr 21, 2013By Jun Ji-hye
South Korea

Early voting to become tool to boost turnout

Candidates running in the April 24 by-election in the Nowon District, Seoul, appeal to the voters for support during their campaigning on the last weekend before the polling day, Sunday. From left are independent Ahn Cheol-soo; the ruling Saenuri Party’s Huh Joon-young and the Progressive Justice Party’s Kim Ji-sun. YonhapBy Jun Ji-hye Early voting for the April 24 by-elections held Friday and Saturday provided clues for raising voter turnout for other elections, drawing larger-than-expected participation.The early voting closed with an average voting rate of 6.93 percent _ 8.38 percent in Nowon in Seoul, 5.93 percent in Yeongdo in Busan and 5.62 percent in Buyeo-Cheongyang in South Chungcheong Province _ according to the National Election Commission.The numbers are higher than previous absentee voting of 1.7 percent and 2.2 percent in last year’s general and the presidential elections, respectively.Early voting differs from absentee voting as voters who expect to be busy or away on an election day do not need to register in advance to cast

Apr 21, 2013By Jun Ji-hye
Early voting to become tool to boost turnout
South Korea

Bill Gates to give lecture at Assembly Monday

By Jun Ji-hyeMicrosoft founder Bill Gates plans will give a lecture at the National Assembly Monday on the subject of “Smart Aid,” said Rep. Chung Mong-joon Sunday.“Under the title of Smart Aid, he will present his view on innovation for a better world and for a stronger Korea,” said Chung who arranged the lecture.According to the former chairman of the ruling Saenuri Party, the American business magnate plans to talk about activities of his Bill & Melinda Gates Foundation.“Then he will ask Korea to cooperate as the nation, which previously received aid, has been successfully developed and now is able to provide aid for those in need,” Chung said.Gates also plans to have a debate and a Q-and A session with 60 lawmakers in attendance about Seoul’s role and its future direction in providing relief activities for underdeveloped countries.After delivering the lecture, he plans to pay a courtesy call on President Park Geun-hye at Cheong Wa Dae to discuss so-called “creative economy.”  Gates, who arrived here Sat

Apr 21, 2013By Jun Ji-hye
Bill Gates to give lecture at Assembly Monday
South Korea

Will 'faulty' lawmakers be recalled?

By Jun Ji-hye               The ruling Saenuri Party said Thursday that it supports proposed parliamentary reform under which the electorate could vote to remove a legislator from the National Assembly, if they are found to have neglected their public duties or become involved in corruption.The Saenuri Party’s move came after the main opposition Democratic United Party submitted a bill proposing that voters are empowered to “recall” legislators who fail to fulfill their constitutional duties.The bill is principally targeted at lawmakers who become mired in corruption and other historically common irregularities. But the Saenuri Party also wants to make those responsible for causing political deadlock at the National Assembly subject to recall.“We are seriously discussing the introduction of the lawmaker recall system to create a political environment in which the public can take the lead,” said Park Jae-chang, chairman of the ruling party’s political reform special committee, Wednesday.“A system enablin

Apr 18, 2013By Jun Ji-hye
South Korea

Huh accuses Ahn of violating Election Law

 Huh Joon-young Ahn Cheol-sooBy Jun Ji-hyeHuh Joon-young, the ruling Saenuri Party candidate running in the April 24 by-election in Seoul’s Nowon district, accused his independent counterpart Ahn Cheol-soo of violating the Election Law, Thursday.Huh lodged an official complaint with the National Election Commission and the district public prosecutor´s office.“About 30 banners encouraging people to vote are hanging in every street in Sanggye-dong. It appears as if Nowon residents voluntarily put up them, but it was Ahn who was behind this as they contain such words as new politics and mentor that remind people of him,” Huh said in a press release.Under the law, candidates cannot install any banners that can influence the election.One of banners that Huh presented as evidence reads “Your vote can achieve new politics in Sanggye-dong,” along with the name of a Nowon resident.  Huh, the former CEO of Korea Railroad (Korail), claimed that the reverse of the banners has the name of the Ahn Cheol-soo camp.“It is clear that Ahn’s

Apr 18, 2013By Jun Ji-hye
Huh accuses Ahn of violating Election Law
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