SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s much-awaited economic recovery may again be drawn out in the face of the deadly virus spreading in China and apparently to the furthest corners of the globe, including South Korea, potentially undermining global demand and supply chains for weeks or even months to come, analysts here said [...]
SEOUL, Feb. 3 (Korea Bizwire) — A string of major retailers, including duty-free shops and hypermarket chains, across the country have temporarily shut down some of their stores, industry sources said Monday, stoking concerns that China coronavirus outbreak could affect consumer confidence in the sector. Shilla Duty Free, one of the country’s leading duty-free operator, [...]
SEOUL, Feb. 3 (Korea Bizwire) — North Korea has strengthened the screening of entrants from foreign countries as part of stepped-up efforts to prevent an outbreak of the new type of coronavirus in the country, state media reported Monday. According to the Korean Central News Agency (KCNA), Pyongyang has drawn up measures to put all [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea said Sunday it will bar foreigners who have been in China’s Hubei Province in the past two weeks from entering the country in a drastic measure to stem further spread of the new coronavirus here. The entry ban, which applies to all foreigners who have passed through [...]
SEOUL, Feb. 2 (Korea Bizwire) — The new coronavirus-triggered angst appears to be spilling over to the Korean corporate realm as the global supply chain is feared to face some disruptions amid the rapid spread of the novel coronavirus in China, industry watchers said Sunday. With the new coronavirus killing more than 300 people in [...]
SEOUL, Jan. 31 (Korea Bizwire) — The government said Friday it has extended operating hours to provide a 24-hour information service for foreigners amid rising concerns over the new coronavirus. Foreign nationals in the country can call 1345 any time of day for general inquiries related to the virus, the Ministry of Justice said in [...]
SEOUL, Jan. 31 (Korea Bizwire) — Places visited by people who have been confirmed as infected with the new coronavirus are suspending their business operations as part of efforts to contain the spread of the virus that originated in China, industry sources said Friday. The total number of people infected with the virus in South [...]
SEOUL, Jan. 31 (Korea Bizwire) — The daily lives of South Koreans are changing as fears are growing over the spread of the Wuhan coronavirus, a new type of coronavirus infection. In particular, citizens expressed a more sensitive response within public transportation, including crowded subway trains. When people cough on the subway, passengers look at [...]
SEOUL, Jan. 31 (Korea Bizwire) — Face mask producers are struggling with spiking demand caused by the coronavirus outbreak originating in China. Producers are receiving constant calls from consumers as concern over the epidemic is spreading throughout the country. “We are receiving more than 100 calls every day for orders. Some customers are willing to [...]
SEOUL, Jan. 31 (Korea Bizwire) — Residents of Jincheon and Asan said Friday they will no longer oppose the government’s decision to house South Korean nationals evacuated from China’s Wuhan, the epicenter of the new coronavirus outbreak, in the two central South Korean towns. Residents living near the Police Human Resources Development Institute in Asan, [...]