SEOUL, Jan. 24 (Korea Bizwire) — The changes in government policy against COVID-19 have influenced consumption patterns. Sales of hangover helpers and travel kits rose by 28.4 percent and 22.6 percent, respectively, in November of last year, following the introduction of the government’s ‘With Corona’ policy, according to the convenience store chain CU. In contrast, [...]
SEOUL, May 22 (Korea Bizwire) — Amid concerns over a possible blow to the economy due to the outbreak of the new coronavirus, unexpected beneficiaries are emerging. While revenues at travel agencies and airlines have dropped precipitously due to social distancing and recommendations to remain at home, plastic surgery and ophthalmology clinics have been buoyed [...]
SEOUL, March 22 (Korea Bizwire) – The number of single-person households in Korea has continued to increase, and now makes up a quarter of the total, exerting great influence on the food and beverage, retail, and service industries. According to recent industry reports, the number of single-person households reached 5.06 million last year (26.5 [...]
SEOUL, Korea, Sep 16 (Korea Bizwire) – People lining up at train stations for tickets home may be one of the most universal urban landscapes all around the world in holiday seasons. People spend their precious time on the road to have long-anticipated family reunions. Koreans are no exception in this. September, the month in which [...]