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Rising Outbound Travelers Buttress Tour Agencies’ Earnings

Rising Outbound Travelers Buttress Tour Agencies’ Earnings

SEOUL, Nov. 27 (Korea Bizwire) - South Korea’s tour agents are forecast to post better earnings this year as a sharp rise in outbound travelers offset a fall in the number of foreign visitors in the wake of the Middle East Respiratory Syndrome (MERS) outbreak in the country, according to market watchers Friday. The MERS outbreak [...]

S. Korea Sets Out to Woo Back Chinese Tourists

S. Korea Sets Out to Woo Back Chinese Tourists

SEOUL, Sept. 21 (Korea Bizwire) — South Korea’s retail and tourism industries are preparing a slew of promotional and cultural events to woo back Chinese travelers during a long-haul holiday season, pinning their hopes on making up for a summer slump in the wake of a viral respiratory illness, sources said Monday. Since the first [...]

Tax Refunds Under Consideration for Foreigners Getting Cosmetic Surgery

Tax Refunds Under Consideration for Foreigners Getting Cosmetic Surgery

SEOUL/SEJONG, Aug. 7 (Korea Bizwire) — South Korea plans to give tax refunds to foreigners who receive plastic surgery here as part of efforts to lure more tourists, whose numbers have plunged following the Middle East Respiratory Syndrome (MERS) outbreak, the government said Thursday. The plan is outlined in the government’s 2015 tax code revision, [...]