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1 in 3 S. Koreans Picks COVID-19 Outbreak as No. 1 Social Anxiety Factor

1 in 3 S. Koreans Picks COVID-19 Outbreak as No. 1 Social Anxiety Factor

SEOUL, Nov. 18 (Korea Bizwire) — One in three South Koreans picked the outbreak of a new disease as the biggest source of social anxiety this year, a survey showed Wednesday, underscoring people’s jitters over the new coronavirus pandemic. The poll by Statistics Korea showed that 32.8 percent of those surveyed said they consider the [...]

Greater Seoul, Gwangju Adopt Tougher Distancing Rules amid Virus Flare-up Concerns

Greater Seoul, Gwangju Adopt Tougher Distancing Rules amid Virus Flare-up Concerns

SEOUL, Nov. 18 (Korea Bizwire) — Citizens in the greater Seoul area and southern city of Gwangju will be required to follow stricter health regulations in public places and at gatherings under an enhanced social distancing scheme effective from Thursday, as the country is facing another potential flare-up of the new coronavirus. Social distancing was [...]

Dining, Gathering Rules to be Tightened in Greater Seoul Under Level 1.5 Distancing

Dining, Gathering Rules to be Tightened in Greater Seoul Under Level 1.5 Distancing

SEOUL, Nov. 17 (Korea Bizwire) — South Koreans in the greater capital area will face stricter social distancing rules under the government’s Level 1.5 scheme starting Thursday, including more toughened capacity limits at restaurants and worship services and caps on large gatherings. Under the government’s new five-tier scheme, Level 1.5 is issued in the capital [...]

Distancing Level Raised to 1.5 in Greater Seoul, Gwangju, Effective This Week, as Virus Cases Rise

Distancing Level Raised to 1.5 in Greater Seoul, Gwangju, Effective This Week, as Virus Cases Rise

SEOUL, Nov. 17 (Korea Bizwire) — The government decided Tuesday to raise the social distancing level by one notch to 1.5 in the greater Seoul area and Gwangju, amid a resurgence of new COVID-19 cases in the regions. The measure will go into effect on Thursday in Seoul and Gyeonggi Province, while it will take [...]

S. Korea Warns of Another Wave of Pandemic as New Virus Cases Over 200 for 3rd Day

S. Korea Warns of Another Wave of Pandemic as New Virus Cases Over 200 for 3rd Day

SEOUL, Nov. 16 (Korea Bizwire) — South Korea may face another new coronavirus outbreak within a month, health authorities warned on Monday, as cluster infections show no signs of letup and year-end gatherings may further complicate the country’s virus fight. The country’s new coronavirus cases hovered above 200 for a third consecutive day as cluster [...]

Cinema Chains, Distributors Remain in Red in Q3, but Have Likely Bottomed Out

Cinema Chains, Distributors Remain in Red in Q3, but Have Likely Bottomed Out

SEOUL, Nov. 16 (Korea Bizwire) — South Korean movie theaters and film distributors again struggled with operating losses in the third quarter due to the protracted novel coronavirus pandemic, but their deficit contracted from three months earlier, industry reports showed Monday. CJ CGV, the leading multiplex chain in South Korea, saw its third-quarter operating loss [...]

Loans to Accommodation, Food Services Sectors Jump amid Resurgence of Virus

Loans to Accommodation, Food Services Sectors Jump amid Resurgence of Virus

SEOUL, Nov. 16 (Korea Bizwire) — Loans to accommodation and food services sectors have jumped due to a recent resurgence of the novel coronavirus, central bank data showed Monday. Outstanding loans to lodging and eating businesses totaled 71.1 trillion won (US$64.2 billion) as of September, up 21.5 percent from a year ago, according to the [...]