SEJONG, May 12 (Korea Bizwire) — South Korea’s major economic indicators are showing signs of slow improvement, signaling the economy is pulling out of a funk during the fourth quarter of last year, the finance ministry said Tuesday. The ministry, however, cautioned that Asia’s fourth-largest economy remains gripped by such external uncertainties as a weak Japanese [...]
SEOUL, Apr. 29 (Korea Bizwire) — Single Koreans in their twenties and thirties revealed what they think is the most useless consumption among Koreans of the opposite sex. According to a survey conducted by DUO on 531 single Koreans from April 20 to 27, 25.8 percent of Korean men said that women’s expenditures on snack foods [...]
SEOUL, Korea, April 30, 2014 (Korea Bizwire) – Amid the atmosphere of nationwide mourning following the ferry sinking incident, businesses are refraining from engaging in aggressive marketing for May. The shift in attitude reflects how the whole economy is still reeling from the tragic maritime accident; May is a period during which the economy enjoys a momentary boost driven by the [...]