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Koreans Deem Political Stability Crucial amid Political Turmoil: Nielsen

Koreans Deem Political Stability Crucial amid Political Turmoil: Nielsen

SEOUL, March 7 (Korea Bizwire) – After months of political scandals that have left the nation much divided, political stability is now of great importance to South Koreans.  According to Nielsen’s latest report on consumer confidence, “economy” was the biggest concern for 33 percent of Korean consumers in the previous quarter (Q4 2016), followed by [...]

Households Brace for Gloomy Economic Conditions in 2017

Households Brace for Gloomy Economic Conditions in 2017

SEOUL, Dec. 30 (Korea Bizwire) – Forty-two percent of South Korean households believe their economic conditions will deteriorate next year, according to a survey by Gallup Korea released Friday.  The survey suggested that South Korea’s consumer confidence has sharply eroded amid uncertainties in the troubled shipping and shipbuilding sectors, and an ongoing influence-peddling scandal involving [...]