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Lee Hyo-jin

Korea Times Finance Reporter

Lee Hyo-jin covers the Bank of Korea, the banking industry and broader financial news. Her previous beats include foreign affairs, North Korea and general reporting on Korean society.

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Defense

Allies fortify deterrence against NK threats

South Korea, the United States and Japan conduct a trilateral missile defense exercise in the international waters of the East Sea, Monday. Courtesy of Republic of Korea NavyBy Lee Hyo-jinSouth Korea, the United States and Japan staged a trilateral missile defense exercise, Monday, in a major demonstration of strengthened security cooperation against North Korea's evolving nuclear and missile threats.The navies of South Korea and the U.S., as well as Japan's maritime self-defense forces, conducted the combined exercise in international waters between the South and Japan, mobilizing three Aegis-equipped destroyers ― South Korea's Yulgok Yi I, USS Benfold of the U.S. and Japan's JS Atago ― according to the South Korean Navy.After setting a virtual target during a hypothetical scenario of a North Korean ballistic missile launch, the drill focused on detecting and tracking the target as well as information sharing between the three warships. “This is an opportunity for our navy to solidify its response capacity over ballistic missiles while strengthening Korea-U.S.-Japan security c

Apr 17, 2023By Lee Hyo-jin
Allies fortify deterrence against NK threats
  • S. Korea, Japan hold first security talks of diplomats, defense officials in 5 years
Foreign Affairs

S. Korea, US vow full cooperation against N. Korea threats

Kim Gunn, right, South Korea's special representative for Korean Peninsula peace and security affairs, shakes hands with his U.S. counterpart Sung Kim ahead of a meeting in Seoul's foreign ministry, Thursday. YonhapTrilateral talks among top nuke envoys of Seoul, Washington and Tokyo slated for FridayBy Lee Hyo-jin Top nuclear envoy of the South Korean government Kim Gunn held bilateral talks with his U.S. and Japanese counterparts, respectively, where they reaffirmed full cooperation against North Korea's rising nuclear provocations.On Thursday morning, Kim, Seoul's special representative for Korean Peninsula peace and security affairs, held talks with Sung Kim, the U.S. special representative for North Korea, at the Ministry of Foreign Affairs in Seoul. “The two sides reaffirmed that North Korea will pay a price for its unlawful provocations, which pose threats to the peace and stability on the Korean Peninsula as well as the international community,” the ministry said in a statement.The two envoys also called for international awareness of the need to bring a stop to N

Apr 6, 2023By Lee Hyo-jin
S. Korea, US vow full cooperation against N. Korea threats
Politics

Korea to actively recruit foreign talent in public sector

Minister of Personnel Management Kim Seung-ho speaks during a briefing at Government Complex Seoul, Aug. 16, 2022. Courtesy of Ministry of Personnel ManagementBy Lee Hyo-jinThe Korean government seeks to actively hire foreign nationals in the public sector, reflecting the need for more global talent in the country's rising industries such as space and ICT. The Ministry of Personnel Management on Wednesday preannounced a revision to the presidential ordinance on the recruitment of civil servants, which is aimed at allowing the ministry to launch a candidate database of foreign nationals for senior-level positions in the public sector.Under the revised measures, the government will be able to collect the personal information of foreign nationals who visit state-run organizations or attend international conferences organized by the Korean government. Under the individual's consent, the ministry will collect personal data including name, gender, nationality, occupation, email address, field of expertise and work experience.The collected information will be registered in a database for po

Apr 5, 2023By Lee Hyo-jin
Korea to actively recruit foreign talent in public sector
Defense

F-15K pilot named Best Pilot of 2022

Air Force Maj. Won Joong-sik was honored with the Best Pilot of 2022 award, Tuesday. Courtesy of ROK Air ForceBy Lee Hyo-jin Republic of Korea Air Force Maj. Won Joong-sik from the 122nd Fighter Squadron of the 11th Fighter Wing has been named the Best Pilot of 2022, according to the military branch. The Air Force on Tuesday held an award ceremony at its headquarters in Gyeryongdae, South Chungcheong Province, presided over by Chief of Staff Gen. Jeong Seung-hwa.The best pilot award is offered to an aviator who accumulates the highest scores in more than 20 duties, including flight experience, level of special qualifications, training and physical fitness. The 35-year-old earned a high score of 892.6 points out of a possible 1,000.Won, who was commissioned in 2011, is a veteran aviator with some 1,580 hours of flying hours mostly on the F-15K Slam Eagle. He has shown excellent performance in responding to foreign aircraft that entered Korea's air defense identification zone (KADIZ), and has also led the celebration flight formation in the commemoration ceremony on the Oct. 1 Armed Fo

Apr 5, 2023By Lee Hyo-jin
F-15K pilot named Best Pilot of 2022
Politics

Yoon lauds Samsung's massive investment plan in South Chungcheong Province

President Yoon Suk Yeol speaks during an investment announcement ceremony held at Samsung Display's factory in Asan, South Chungcheong Province, Tuesday. Joint Press CorpsSamsung Display to invest $3.1 billion in OLED plant by 2026By Lee Hyo-jin President Yoon Suk Yeol on Tuesday hailed Samsung Display's announced investment of 4.1 trillion won ($3.1 billion) in its manufacturing plant in Asan, South Chungcheong Province, by 2026, a move that is expected to create 26,000 jobs in the region. The display-making affiliate of Samsung Electronics unveiled the investment plan aimed at ramping up production capacity of organic light-emitting diodes (OLED) used for tablets and laptops. The completion of the 4.1 trillion won investment project will enable the company to secure the world's No. 1 production capacity of IT OLED panels. Samsung Display also seeks to launch various programs to support its subcontractors through joint technology development, manufacturing innovation and advance payments to raise the competitiveness of local materials, parts and equipment companies.Yoon, who attende

Apr 4, 2023By Lee Hyo-jin
Yoon lauds Samsung's massive investment plan in South Chungcheong Province
Foreign Affairs

Two Koreas take opposing sides in Ukraine war

North Korean leader Kim Jong-un, left, shakes hands with Russian President Vladimir Putin during a post-summit dinner at the Far Eastern Federal University in Vladivostok, Russia, in this April 25, 2019 photo released by the North's state-run Korean Central News Agency. YonhapSeoul joins US-led sanctions; Pyongyang needs Moscow's food supplyBy Lee Hyo-jin South Korea and North Korea have positioned themselves on opposite sides of the protracted war in Ukraine, with the South supporting Kyiv and the North siding with Moscow.The calculated involvements of the two Koreas in the war taking place more than 6,500 kilometers away from the Korean Peninsula reflect their own geopolitical interests, according to analysts.The Ukraine war seems to have served as an opportunity for North Korea to deepen its alignment with the Kremlin. Throughout last year, the two countries have drastically strengthened their bilateral ties that have had their ups and downs since the collapse of the Soviet Union. South Korea has joined U.S.-led economic sanctions against Russia, as well as banning the exports of

Apr 3, 2023By Lee Hyo-jin
Two Koreas take opposing sides in Ukraine war
Politics

Opposition lawmakers consider visit to Fukushima Prefecture this week

Lawmakers of the main opposition Democratic Party of Korea (DPK) hold a rally, March 30, denouncing the Korean government's response to Japan's planned release of radioactive wastewater from Fukushima's nuclear power plant into the ocean. Korea Times photo by Ko Young-gwonBy Lee Hyo-jin Some lawmakers of the main opposition Democratic Party of Korea (DPK) are planning to travel to Fukushima Prefecture later this week, as part of efforts to deter Japan's planned release of radioactive wastewater from the tsunami-stricken Fukushima Daiichi Nuclear Power Plant.During their three-day visit, starting Thursday, the lawmakers will seek meetings with officials from Tokyo Electric Power (TEPCO), residents, fishers and lawmakers in the northeastern region of Japan. They will also conduct on-site inspections near the crippled power plant. The DPK members are also planning to visit the Japanese Embassy in Seoul, Wednesday, to lodge complaints.The move comes in protest of the Yoon Suk Yeol administration's lack of response on the issue. The DPK has been criticizing the government for not taking s

Apr 2, 2023By Lee Hyo-jin
Opposition lawmakers consider visit to Fukushima Prefecture this week
North Korea

North Korea likely to heighten provocations in April

A TV screen shows an image of a North Korean missile launch during a news program at Seoul Station, March 28. AP-YonhapBy Lee Hyo-jin North Korea is expected to continue escalating provocations this month in connection with major political events in Pyongyang, as well as in protest of President Yoon Suk Yeol's state visit to the United States slated for April 26. Enhancing preparedness for possible North Korean aggression, the South Korean military will hold trilateral naval drills with the U.S. and Japan this week. The exercises, involving the nuclear-powered USS Nimitz aircraft carrier, will likely take place in the seas off southern Jeju Island.This will be the first three-way maritime exercise between Seoul, Washington and Tokyo in some six months since the latest held last October.The relatively rare display of trilateral military cooperation comes amid possible new provocations from Pyongyang. The reclusive regime will celebrate major anniversaries this month, including the 11th anniversary of its leader Kim Jong-un's inauguration on April 11, and April 15 Day of the Sun, an an

Apr 2, 2023By Lee Hyo-jin
North Korea likely to heighten provocations in April
Society

Koreans warned against making inappropriate videos in Thailand

A news report from Thai news outlet Bright TV documents a Korean YouTuber criticized for filming Thai women without their consent and sexually harassing them. YonhapBy Lee Hyo-jin The Korean Embassy in Thailand has recently highlighted and warned Korean YouTubers against uploading inappropriate content while traveling in the Southeast Asian country, specifically any content that includes the sexual harassment of local women.Several Thai news outlets, including Bright TV and Amarin TV, reported earlier this month about a male Korean YouTuber who was accused of filming Thai women in the streets without their consent and sexually harassing them. This prompted the embassy's warning.A Thai woman interviewed by local media said she felt “scared and uncomfortable” when the man, holding his camera, approached and asked her out for a drink. She rejected him multiple times, but the YouTuber did not leave and continued to film her without permission. The woman also said when she visited his channel, there were dozens of videos of him harassing other Thai women.The videos also featur

Mar 31, 2023By Lee Hyo-jin
Koreans warned against making inappropriate videos in Thailand
Foreign Affairs

Yoon gov't disputes Japanese media's claims about summit

Members of environmental groups hold a rally in Gwanghwamun Square in central Seoul, March 22, against the Japanese government's decision to release radioactive water from the Fukushima nuclear power plant. Korea Times photo by Wang Tae-seogMentions of Fukushima radioactive water, wartime sex slavery, Dokdo deniedBy Lee Hyo-jin Recent reports by Japanese media claim that Fukushima's radioactive wastewater, wartime sex slavery and Dokdo were discussed during President Yoon Suk Yeol's recent visit to Tokyo, putting the president in an uncomfortable position.The Korean government has denied Japanese news reports of Yoon's supposed discomfort during the summit. This is placing extra pressure on the president, who has been struggling to persuade the skeptical public to accept his efforts to mend ties with Tokyo.On Friday, Yoon's office refuted a report by Japan's Kyodo News that claimed that the Korean president promised to seek public consent from South Koreans over Japan's planned release of contaminated radioactive water into the ocean.Citing a diplomatic source, the Japanese news agen

Mar 31, 2023By Lee Hyo-jin
Yoon gov't disputes Japanese media's claims about summit
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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.