SEJONG, June 9 (Korea Bizwire) — Camel food products are not imported into or distributed in South Korea, the agriculture ministry said Tuesday, amid criticism over the government’s seemingly unrealistic advice on shunning camel meat and milk consumption to avoid Middle East Respiratory Syndrome (MERS). Since the first outbreak of the acute respiratory illness on [...]
SEOUL, June 8 (Korea Bizwire) – South Korean companies are rushing to step up their emergency response efforts to better protect their employees from Middle East Respiratory Syndrome (MERS), which is showing signs of a wide spread in South Korea. South Korea remains gripped by the potentially deadly disease that has claimed six lives so far [...]
SEOUL, June 8 (Korea Bizwire) – After the government identified all of the hospitals affected by the deadly Middle East Respiratory Syndrome (MERS) on June 7, hospitals opened and carried out normal operations. However, their number of patient visits dropped precipitously. Samsung Medical Center in Seoul, one of the affected hospitals, was almost empty on June 7. [...]
“The outbreak is a source of concern and could hurt consumption and business investment. Everything possible is being done to contain the spread of MERS with efforts being made to check its impact on the economy and come up with counter measures to limit fallout.” “The government will come up with measures to prop up [...]
SEOUL, June 7 (Korea Bizwire) – South Korea’s government and the central bank may be pressed to conduct expansionary fiscal policy and cut the key rate on concerns that the outbreak of Middle East Respiratory Syndrome (MERS) is likely to weigh on economic growth, experts said Sunday. South Korea reported its fifth death from the [...]
SEOUL, June 3 (Korea Bizwire) – Korean health authorities have confirmed that five more people have been infected with the Middle East Respiratory Syndrome (MERS) virus, bringing the tally to 30 as of June 3. The Korean government has already stated that the virus has low infectivity, with Health Minister Moon Hyung-pyo even saying that citizens [...]
SEOUL, June 3 (Korea Bizwire) — Fears over the Middle East Respiratory Syndrome (MERS) are casting a pall over South Korea’s tourism and retail industries as the respiratory illness does not show signs of a letup, prodding overseas travelers to cancel their trips and locals to abstain from outdoor activities, industry sources said Wednesday. South Korea [...]
SEOUL, June 2 (Korea Bizwire) — “Sin stocks” of tobacco, alcohol and gambling companies have gained this year on the back of deep-pocketed Chinese tourists and low interest rates, data showed Tuesday. Thirty-six sin stocks related to tobacco, alcohol, gambling rose an average of 23.9 percent as of June 1 compared to the beginning of [...]
SEOUL, May 31 (Korea Bizwire) — The government said Sunday it will soon launch a task force of government officials and civilians to enhance a monitoring system for MERS and take all-out measures to prevent the spread of the viral disease. “We will launch a joint task force of government officials and civilians for all-out efforts [...]