pandemic Archives | Be Korea-savvy
S. Korea’s Agricultural Exports Up 7.7 pct to Record High in 2020 amid Pandemic

S. Korea’s Agricultural Exports Up 7.7 pct to Record High in 2020 amid Pandemic

SEOUL, Jan. 13 (Korea Bizwire) — South Korea’s exports of agricultural and livestock products advanced 7.7 percent on-year in 2020 on the back of growing demand for healthier foodstuffs amid the new coronavirus pandemic, data showed Wednesday. Outbound shipments of such goods reached a record high of US$7.5 billion last year, compared with $7 billion [...]

Number of Daily Moviegoers Hits New Record Low amid Movie Drought from Pandemic

Number of Daily Moviegoers Hits New Record Low amid Movie Drought from Pandemic

SEOUL, Jan. 8 (Korea Bizwire) — The number of daily moviegoers plunged to a fresh record low this week, as new releases have been affected by the latest coronavirus resurgence in winter, data showed Friday. According to the data from the Korean Film Council (KOFIC), 14,000-16,000 people went to theaters daily this week, down from [...]

S. Korea to Provide Most of Pandemic Emergency Handouts by Lunar New Year’s Holiday

S. Korea to Provide Most of Pandemic Emergency Handouts by Lunar New Year’s Holiday

SEOUL, Jan. 6 (Korea Bizwire) — South Korea plans to provide a huge chunk of its emergency handouts to smaller merchants hit hard by the new coronavirus outbreak by the Lunar New Year’s holiday in early February, the finance minister said Wednesday. The country plans to provide 9.3 trillion won (US$8.6 billion) in relief funds [...]

Low Fertility, Population Aging Accelerating Under Coronavirus Pandemic: BOK

Low Fertility, Population Aging Accelerating Under Coronavirus Pandemic: BOK

SEOUL, Dec. 31 (Korea Bizwire) — The spread of the coronavirus would accelerate the trend of low fertility and population aging in South Korea, the central bank report said Wednesday. In a recent study conducted by the Bank of Korea (BOK), the pandemic would have a limited direct impact on the local population primarily due [...]

Consumers Flock to Convenience Stores for Groceries

Consumers Flock to Convenience Stores for Groceries

SEOUL, Dec. 28 (Korea Bizwire) — Changes in consumer lifestyle following the onset of the coronavirus pandemic are being felt in convenience store sales. 7-Eleven’s transportation card recharge sales between January and December 22 were 48.4 percent lower compared to the previous year. Sales of standard garbage bags, in contrast, were 21.8 percent higher. During [...]