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S. Korea’s New COVID-19 Cases Below 30,000 for 3rd Day, with Signs of Virus Resurgence

S. Korea’s New COVID-19 Cases Below 30,000 for 3rd Day, with Signs of Virus Resurgence

SEOUL, Oct. 21 (Korea Bizwire) – South Korea’s new COVID-19 cases stayed below 30,000 for the third straight day Friday, but signs have emerged indicating that the coronavirus might be picking up steam again. The country reported 24,751 new COVID-19 infections, including 60 from overseas, bringing the total caseload to 25,244,255, the Korea Disease Control [...]

S. Korea’s New COVID-19 Cases Stay Below 30,000 for 2nd Day amid Virus Slowdown

S. Korea’s New COVID-19 Cases Stay Below 30,000 for 2nd Day amid Virus Slowdown

SEOUL, Oct. 20 (Korea Bizwire) — South Korea’s new COVID-19 cases continued to stay below 30,000 Thursday as the country’s virus curve has moved down in recent months. The country reported 25,431 new COVID-19 infections, including 53 from overseas, bringing the total caseload to 25,219,546, the Korea Disease Control and Prevention Agency (KDCA) said. Thursday’s [...]

Boycott of Bakery Giant SPC Spreads Due After Lukewarm Company Response to Factory Worker’s Death

Boycott of Bakery Giant SPC Spreads Due After Lukewarm Company Response to Factory Worker’s Death

SEOUL, Oct. 20 (Korea Bizwire) — A boycott of South Korea’s food and beverage giant SPC Group is spreading among consumers after a young worker in her 20s died at a factory affiliated with the group. The 23-year-old employee at the factory affiliated with the group in Pyeongtaek, 65 kilometers south of Seoul, died Saturday [...]

Fire at Data Center Reveals S. Korea’s Strong Dependence on Kakao Services

Fire at Data Center Reveals S. Korea’s Strong Dependence on Kakao Services

SEOUL, Oct. 19 (Korea Bizwire) — The recent massive disruption of Kakao Corp.’s dominant chat messenger KakaoTalk and other related services has affected nearly all sectors of South Korea, ranging from social networking and business to finance and transportation. It took about four days for the company to fully repair damaged servers and normalize all [...]

Households Opt for Early Redemption of Credit Loans amid Rising Interest Rates

Households Opt for Early Redemption of Credit Loans amid Rising Interest Rates

SEOUL, Oct. 19 (Korea Bizwire) — A growing number of South Koreans are redeeming their credit debts prior to their expiration date due to heavier financial burdens caused by rising interest rates, with some even willing to pay penalties for redeeming debts prior to the due date. Rep. Yun Chang-hyun of the People Power Party [...]