SEOUL, Aug. 31 (Korea Bizwire) — The number of people working at restaurants and hotels dropped 64,000 on-year in July as the fourth wave of the coronavirus pandemic continued to weigh down on the sectors, the government said Tuesday. The total number of workers in the restaurant and hotel industry stood at 1.09 million last [...]
SEOUL, Aug. 29 (Korea Bizwire) — The annual Incheon Pentaport Rock Festival will be held virtually for the second consecutive year on Oct. 9 and 10, its organizers said Sunday. The festival’s 16th edition will feature ’90s top artists such as Lee Seung-hwan and Yoon Sang, and other popular acts including 10cm, Daybreak and Leenalchi, [...]
SEOUL, Aug. 27 (Korea Bizwire) — Over the past two years, the number of employees working at major travel agencies in South Korea nearly halved due to the prolonged COVID-19 pandemic. According to the electronic disclosure system of the Financial Supervisory Service, the number of employees working at the nation’s six listed travel agencies totaled [...]
SEOUL, Aug. 23 (Korea Bizwire) — A dance party was held at one of the U.S. Forces Korea (USFK)’s bases in South Korea last week where participants allegedly drank alcohol and danced without wearing masks while ignoring social distancing rules amid the pandemic, sources said Monday. The party took place at a club inside Osan [...]
SEOUL, Aug. 19 (Korea Bizwire) — South Korean household income declined in the second quarter from a year earlier due to last year’s high base after the government doled out massive pandemic relief funds to all households the previous year, data showed Thursday. The average household earned 4.29 million won (US$3,600) per month in the [...]
SEOUL, Aug. 17 (Korea Bizwire) — With summer vacations ending, children started to return to their classrooms under relaxed distancing rules for schools Monday, despite an uncontrolled outbreak of the coronavirus. Last week, the Ministry of Education eased social distancing guidelines in schools for the fall semester. The measure was aimed at running in-person classes [...]
SEOUL, Aug. 17 (Korea Bizwire) – Tourist arrivals in South Korea plunged more than 95 percent in the first half of the year due to global travel curbs amid the coronavirus pandemic, data showed Tuesday. The data from the state-run Korea Tourism Organization (KTO) showed 73,000 foreign tourists visited South Korea in the January-June period, [...]
SEOUL, Aug. 17 (Korea Bizwire) – As the fourth wave of the coronavirus pandemic continues to sweep across the country, demand for tableware has been on the rise over the past 30 days as a growing number of individuals are trying to cut back on disposable materials as they eat at home. Online shopping mall [...]
SEOUL, Aug. 13 (Korea Bizwire) – South Korea’s tax agency said Friday it will temporarily delay tax probes for smaller merchants who have suffered losses due to state orders for business shutdowns or suspensions over the pandemic. The National Tax Service (NTS) said it will suspend tax investigation until the end of next year for [...]
SEOUL, Aug. 12 (Korea Bizwire) — South Korea’s online food market jumped more than 45 percent in the first half of the year from a year earlier due to the fallout from the coronavirus pandemic, data showed Thursday. The value of online food transactions in Asia’s fourth-largest economy stood at 27.8 trillion won (US$24 billion) [...]