SEJONG, July 27 (Korea Bizwire) — The last suspected patient of Middle East Respiratory Syndrome (MERS) in South Korea was released from isolation Monday as the country reported no additional cases of the disease for more than three weeks, the government said. The number of people diagnosed with the disease remained flat at 186 for the [...]
SEOUL, Jul. 27 (Korea Bizwire) — Massive sale events are in swing at South Korean department stores, hypermarkets and duty-free shops in their latest attempt to win back shoppers as consumer sentiment remains dim following the Middle East Respiratory Syndrome (MERS) outbreak, market watchers said Sunday. Lotte Department Store, the country’s biggest department store chain, [...]
SEOUL, July 26 (Korea Bizwire) – Seoul Mayor Park Won-soon said Sunday he will visit Beijing in early August to promote South Korea’s tourism industry hit by the MERS virus that has claimed 36 lives since May. “I will try to help revitalize the tourism industry depressed by MERS and normalize the tourism industry as soon as [...]
SEOUL, July 20 (Korea Bizwire) – With the increase of so-called “home alone” people or single-person households, a wave of change is coming to Koreans’ consumption patterns, and it is affecting the stock prices of related industries. Restaurants or karaoke rooms for one visitor are already thriving in Korea, and various ‘home alone’ products such [...]
Seoul, July 15 (Korea Bizwire) – Brassware seems to be a new trend. According to Lotte Department Store, the modern design and reasonable price of brassware has made it a daily-use item instead of a typical wedding gift, with sales increasing by 88.4 percent from January to May compared to the same period last year. [...]
SEOUL, July 14 (Korea Bizwire) – Baja SAE Korea, an intercollegiate engineering design competition for undergraduate and graduate engineering students, will be held at Yeungnam University from July 16 to 19. In this year’s competition, 38 teams from 26 universities including Hanyang University, Korea University of Technology and Education and others will compete to produce [...]
SEJONG, July 14 (Korea Bizwire) — Nearly two-thirds of South Korean healthcare workers are worried about hospital-acquired infections, a poll showed Tuesday. According to the survey, 65.3 percent of doctors, nurses, pharmacists and other support personnel said there is a high chance of infections taking place in hospitals. It also showed that 81 percent of [...]
Seoul, July 9 (Korea Bizwire) – Visitors numbers at ancient cultural sites have decreased due to Middle Eastern Respiratory Syndrome (MERS). According to statistics published by the Cultural Heritage Administration, the number of people who visited cultural sites in June was about 4.1 million, a 51.2% decrease compared to the same period last year. This is the lowest [...]
YEOJU, Jul. 6 (Korea Bizwire) — The New York Festivals in Yeoju 2015 ended on July 5 with 60,000 accumulated visitors. According to the city of Yeoju, 20,000 Yeoju citizens visited the festival on July 4 and 5, while more than 17,000 people visited on July 3 alone. City officials said that the festival was [...]
SEOUL, July 6 (Korea Bizwire) — South Korean firms’ earnings outlook for the third quarter was drastically cut as the country’s first-ever outbreak of Middle East Respiratory Syndrome (MERS) has further sapped already feeble private spending, data showed Monday. The combined third-quarter operating profit of 117 listed firms on the main bourse was estimated at 29 [...]