SEJONG, July 29 (Korea Bizwire) — South Korea has recorded no “meaningful” excess mortality during the coronavirus pandemic, official data showed Wednesday. A total of 3,213 more people than usual have died in South Korea since January, according to the data released by Statistics Korea. However, Statistics Korea said there has been no “meaningful excess [...]
GANGNEUNG, July 29 (Korea Bizwire) — Lodging businesses in eastern coastal areas, already hit by the coronavirus pandemic, are suffering from a decreasing number of customers due to the popularity of car camping. Large campervans are a common sight on seaside roads and in beach parking lots recently, as automobile camping gains popularity, allowing vacationers [...]
SEOUL, July 29 (Korea Bizwire) — The number of South Koreans heading to beaches more than halved over the past two months amid the new coronavirus pandemic, data showed Wednesday, but the figure is poised to rebound in August as more people spend their vacations at home instead of abroad. Some 250 beaches here saw [...]
SEOUL, July 29 (Korea Bizwire) — Goh Dong-wan, a 34-year-old office worker based in Seoul, had a plan to go to Europe for his honeymoon after his wedding on April 11. But the once-in-a-lifetime trip, which he prepared last year, was scrapped as the novel coronavirus pandemic has disrupted overseas flights and prompted European countries [...]
SEOUL, July 29 (Korea Bizwire) — South Korea’s large businesses have cut nearly 12,000 jobs in the wake of the coronavirus outbreak, a corporate tracker said Wednesday. According to data from CEO Score, the number of subscribers to the country’s state pension fund at 498 large corporations fell by 11,880 between February and June. The [...]
BORYEONG, July 28 (Korea Bizwire) — The Boryeong Mud Festival, which is being held online for the first time this year due to the coronavirus pandemic, has ended in great success. The festival attracted a total of 1,408,347 viewers to its social media properties, setting a successful guideline for festivals in the post-coronavirus era, according [...]
SEOUL, July 28 (Korea Bizwire) — A recent survey has revealed that South Koreans have new-found respect for the state health insurance program following the coronavirus outbreak. The National Health Insurance Service (NHIS) conducted a survey of 2,000 South Korean adults, 87 percent of whom showed a willingness to pay insurance premiums to enjoy the [...]
SEOUL, July 28 (Korea Bizwire) — The outbreak of the coronavirus has brought South Koreans older than 50 years of age closer to Internet video services and online shopping. The Lina Heyday Foundation, a corporate social responsibility (CSR) organization operated by Lina Life Insurance Korea, announced on Friday that it had conducted a survey of [...]
SEOUL, July 28 (Korea Bizwire) — The government has launched a new initiative to offer compensation to the businesses that suffered losses after being forced to shut down for prevention and disinfection of the coronavirus. The type of businesses that are eligible for government compensation include medical institutions, drug stores and general stores. The Ministry [...]
SEOUL, July 27 (Korea Bizwire) — Estimated financial losses caused by the new coronavirus in the areas of culture, sports and tourism in South Korea have reached over 7 trillion won (US$5.84 billion), according to the government Monday. In a report submitted to the National Assembly’s culture, tourism and sports committee, the culture ministry estimated [...]