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Korean Manufacturers Bear Brunt of New Coronavirus

Korean Manufacturers Bear Brunt of New Coronavirus

SEOUL, Jan. 31 (Korea Bizwire) — South Korean manufacturers, led by carmakers, appear to be beginning to feel the pinch of the rapid spread of the new coronavirus, with possible disruption to production and plant operations around the corner, industry sources said Friday. Hyundai Motor Co. and other major manufacturers have been operating plants in [...]

Virus Outbreak Has No Imminent Impact on Korean Retail Sector, Yet on Preemptive Alert

Virus Outbreak Has No Imminent Impact on Korean Retail Sector, Yet on Preemptive Alert

SEOUL, Jan. 31 (Korea Bizwire) — While most people were wearing facial masks in Myeongdong — one of Seoul’s most popular shopping districts — streets were far from deserted. The one-square-kilometer area was still vibrant, with shops ranging from K-beauty brands to duty-free shops that were crowded with foreign tourists and locals. So far, South [...]

Airlines to Cut, Suspend Some Chinese Routes amid Virus Worries

Airlines to Cut, Suspend Some Chinese Routes amid Virus Worries

SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s airlines are reorganizing their flight schedules on Chinese routes in preemptive measures to avoid fallout from the fast-spreading new coronavirus, industry sources said Thursday. Korean Air Lines Co., the country’s national flag carrier, said it will reduce or suspend some of its flights to China from Sunday [...]

Jeju Eyes Suspending Visa-free Program for Chinese Visitors amid Virus Outbreak

Jeju Eyes Suspending Visa-free Program for Chinese Visitors amid Virus Outbreak

JEJU, Jan. 30 (Korea Bizwire) — The Jeju provincial government said Thursday it is in talks with the justice ministry over a temporary suspension of a visa-free program for Chinese visitors amid continued concerns about China’s coronavirus outbreak. Since 2002, South Korea has implemented a visa-free system under which all foreign visitors, except for those [...]

Residents of Jincheon, Asan Refusing to Welcome Korean Evacuees from Wuhan

Residents of Jincheon, Asan Refusing to Welcome Korean Evacuees from Wuhan

SEOUL, Jan. 29 (Korea Bizwire) — Residents of two central South Korean towns, formally picked Wednesday to house South Korean nationals evacuated from Wuhan, China, this week, are strongly protesting the government’s decision as a threat to their health. The government said it will send about 700 South Korean nationals arriving from Wuhan to the [...]

Deadly Virus Outbreak in China Jeopardizes Jeju’s Visa-free Program

Deadly Virus Outbreak in China Jeopardizes Jeju’s Visa-free Program

JEJU, Jan. 29 (Korea Bizwire) – Increasing cases of infection from a new pneumonia-causing coronavirus in China has compelled the provincial government on South Korea’s largest island of Jeju to reconsider its implementation of a visa-free program for foreign visitors, including those from China, provincial officials said Wednesday. The southern resort island is a major [...]