economic impact Archives | Be Korea-savvy

New Coronavirus Set to Spell Trouble for S. Korean Economy

SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s much-awaited economic recovery may again be drawn out in the face of the deadly virus spreading in China and apparently to the furthest corners of the globe, including South Korea, potentially undermining global demand and supply chains for weeks or even months to come, analysts here said [...]

PyeongChang Olympics Economic Boon for Host S. Korea

SEOUL, Aug. 10 (Korea Bizwire) — With less than 200 days remaining before the start of the 2018 PyeongChang Winter Olympics, South Korea is going all-out to make the event a successful endeavor for the host country, with the economic benefits being at the forefront of things being keenly considered. Earlier, Lee Hee-beom, the chief [...]