Anti-graft Law Archives | Page 2 of 4 | Be Korea-savvy
Alcohol Sales Jump since October on Changing Social Mood

Alcohol Sales Jump since October on Changing Social Mood

SEOUL, Nov. 23 (Korea Bizwire) – Sales of alcoholic beverages have shown an unusual increase since October, a leading retailer said Wednesday, possibly from more people drinking at home after an anti-corruption law took effect.  According to E-Mart, whiskey sales during the Oct. 1-Nov. 21 period rose 11.7 percent compared with the same period last [...]

Coal Briquette Donations Plummet with Anti-Corruption Law, Political Scandal

Coal Briquette Donations Plummet with Anti-Corruption Law, Political Scandal

SEOUL, Nov. 10 (Korea Bizwire) – Winter is rapidly approaching, but donations of yeontan, coal briquettes that are used in low-income households for cooking and heating, are not as abundant as they were last year.  Officials point to a combination of factors for the change, including the introduction of the new anti-corruption law, President Park’s [...]

Retailer’s Sales Rising after Anti-Corruption Law

Retailer’s Sales Rising after Anti-Corruption Law

SEOUL, Nov. 10 (Korea Bizwire) – An anti-corruption law may be showing its desired extra effect of creating more time for family and home cooking if sales record at a leading retailer is any indication.  October sales figures from E-mart released on Thursday showed an 11.5 percent increase for the month to 1.14 trillion won [...]

Anti-Graft Law Gives Rise to Home-Drinking Trend

Anti-Graft Law Gives Rise to Home-Drinking Trend

SEOUL, Nov. 7 (Korea Bizwire) – The new anti-graft law has given rise to yet another consumption trend in Korean society, this time with “Yangju” or foreign hard liquor such as whiskey, brandy, or rum. These types of beverages, which in the past would usually have been consumed at entertainment establishments, are now becoming increasingly [...]

Anti-Graft Law Hits Flower Sales Hard

Anti-Graft Law Hits Flower Sales Hard

SEOUL, Oct. 26 (Korea Bizwire) – Despite the high season, flower sales in South Korea have tumbled more than 20 percent in October from a year ago, data showed Wednesday, apparently due to the implementation of a draconian anti-corruption law.  According to the data by the Korea Agro-Fisheries & Food Trade Corp., flower transactions came [...]

Sales of Golf Equipment Plummet with Anti-Graft Law

Sales of Golf Equipment Plummet with Anti-Graft Law

SEOUL, Oct. 24 (Korea Bizwire) – Golf is considered as a “luxury sport” in Korea, as fees at most courses are beyond the means of the average Korean. And for this reason, it is also closely associated with political and business socializing. But this may no longer be so with Korea’s new anti-graft law changing [...]

Anti-Graft Law Makes Cheaper Meals Popular at Hotel Restaurants

Anti-Graft Law Makes Cheaper Meals Popular at Hotel Restaurants

SEOUL, Oct. 19 (Korea Bizwire) – Lower-priced meal sets have been gaining popularity at restaurants run by major South Korean hotels as more customers shy away from expensive meals following the implementation of a draconian anti-graft law, sources said Wednesday.  The law, which took effect on Sept. 28, bans public servants, educators and journalists from [...]

Anti-Graft Law Prompts Public Officials to “Dine Solo”

Anti-Graft Law Prompts Public Officials to “Dine Solo”

CHUNGJU, South Korea, Oct. 7 (Korea Bizwire) – Korea’s new anti-graft law is prompting public officials to dine alone, exercising maximum caution out of fear that the slightest misunderstanding could have severe negative repercussions. The trend has been seen particularly among those living alone, separated from their families by work, who would usually spend their [...]

SNS Users Refrain from Posting Food Photos over Anti-Graft Law Fears

SNS Users Refrain from Posting Food Photos over Anti-Graft Law Fears

GANGNEUNG, South Korea, Oct. 5 (Korea Bizwire) – With the new anti-graft law reshaping Korea’s dining and gifting culture, another change is being observed: people are seemingly holding back from uploading food photos on SNS platforms such as Facebook and Instagram.  The new law prohibits public officials, journalists, and private school faculty members from accepting [...]

Anti-Graft Law Spurs Witch-hunt for Potential Lawbreakers

Anti-Graft Law Spurs Witch-hunt for Potential Lawbreakers

SEOUL, Oct. 4 (Korea Bizwire) – It has been a week since a controversial anti-graft law took effect in Korea, quickly reshaping Korea’s gifting and dining culture. But the law is also breeding paparazzi, individuals who secretly monitor and hunt for activities that violate the law’s provisions.  These paparazzi are called “Ran-Parazzi”, after the legislation [...]