South Koreans Plan to Spend an Average of 520,000 Won on Lunar New Year Cash Gifts

SEOUL, Feb. 9 (Korea Bizwire) – With the Lunar New Year approaching, South Koreans are setting aside an average of 520,000 won (about $440) per person for holiday cash gifts, commonly known as “sebaet don,” a recent survey has revealed. The survey, conducted by KB Kookmin Card, also found that over half of the respondents [...]