COVID Archives | Be Korea-savvy

Middle-Class Spending Still Lagging Post-COVID as Financial Strain Grows

SEOUL, March 18 (Korea Bizwire) — South Korea’s middle class continues to experience a prolonged decline in consumer spending, even as low- and high-income groups show signs of recovery, according to a new report from the Korea Chamber of Commerce and Industry (KCCI) released Monday. The study, titled “Recent Consumption Trends and Implications,” analyzed real [...]

Civic Groups Call for Mobilization of Private Hospitals for COVID-19 Patients

SEOUL, Dec. 14 (Korea Bizwire) – Civic and labor groups on Monday urged the government to mobilize more beds and medical personnel from large private hospitals to cope with the worsening hospital bed shortage caused by a recent surge in coronavirus infections. Public hospitals have received most local COVID-19 patients but have now reached the [...]