SEOUL, Jan. 31 (Korea Bizwire) — The number of passengers using South Korean airports fell sharply last year due to the fallout of the new coronavirus outbreak, marking the first drop in 12 years, data showed Sunday. The number of people using 15 airports across the nation came to 65 million last year, down 58.8 [...]
SEOUL, Jan. 31 (Korea Bizwire) – South Korean telecom operators are redoubling efforts to support teleconference and virtual education services as the prolonged pandemic limits in-person contact and encourages work-from-home practices. Last week, major telecom operator KT Corp. said it will launch a new cloud-based video meeting platform, KT BizMeet, targeting businesses and education services. [...]
SEOUL, Jan. 28 (Korea Bizwire) — Owners of restaurants, internet cafes and other small businesses called on the government Thursday to extend their opening hours and compensate their losses amid ongoing restrictions caused by the coronavirus pandemic. At a press conference outside the presidential office Cheong Wa Dae, leaders of small business groups said the [...]
SEOUL, Jan. 28 (Korea Bizwire) — Annoying neighbors are a universal issue. But in South Korea, where 80 percent of all homes are apartments or villas, where several families live in individual flats in a shared building, having a noisy neighbor can be more painful than you think. For Kim Ha-jung, things began when her [...]
SEOUL, Jan. 27 (Korea Bizwire) — Unlike most medical centers that have been hit hard during the coronavirus pandemic, plastic surgery clinics set a new record for the number of surgical procedures conducted last year. A local liposuction clinic 365mc reported Tuesday that it had conducted a whopping 31,241 liposuction surgeries last year, setting a [...]
SEOUL, Jan. 26 (Korea Bizwire) — The medical community is suffering from serious psychological consequences as the coronavirus pandemic continues unabated. The National Center for Disaster Trauma conducted a survey last year of 319 healthcare workers fighting the pandemic, 49.5 percent of whom demonstrated suicidal risks. Among the respondents, 41.2 percent were struggling with depression, [...]
SEOUL, Jan. 25 (Korea Bizwire) — The number of counterfeit South Korean banknotes fell to a record low in 2020, the Bank of Korea (BOK) said Monday, as the coronavirus pandemic caused a decline in cash usage. Last year, the number of fake banknotes found in South Korea came to 272, down 6.8 percent from [...]
SEOUL, Jan. 25 (Korea Bizwire) — Travel agencies struggling with the ongoing pandemic are turning to selling imports of specialty goods in a bid to limit their losses. Very Good Tour Co. recently sold 3,000 cans of olive oil from Valencia, Spain in just three hours after their release. The company has been importing high [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Korea’s finance ministry has increasingly found itself in hot water over growing calls to dig deeper into state coffers in response to the pandemic-caused economic slump, as it is wary of the country’s ballooning debt. A row over the finance ministry’s fiscal role reignited this week after Prime [...]
SEOUL, Jan. 22 (Korea Bizwire) — Park Hye-seong, a 39-year-old mother of two, recently subscribed to a rice delivery service offered by a specialty shop featuring “premium rice” in pursuit of better tasting and healthier varieties, a decision that would have been unlikely before the coronavirus pandemic struck. “My children have taken online classes and [...]