SEOUL, Aug. 22 (Korea Bizwire) — As South Korea’s daily new virus cases surpassed 300 again Saturday, with infections reported in all major cities and provinces, the government decided to expand strict social distancing guidelines to the rest of the country starting Sunday. The move came amid concerns that the country is entering a new [...]
SEJONG, Aug. 20 (Korea Bizwire) — South Korea’s household income rose in the second quarter from a year earlier, thanks to the government’s emergency handouts to ease the fallout of the coronavirus pandemic, a report showed Thursday. The average household earned 5.27 million won (US$4,473) per month in the second, up 4.8 percent from the [...]
SEOUL, Aug. 19 (Korea Bizwire) — Virgil Hodges, a longtime fan of the Hanwha Eagles in the Korea Baseball Organization (KBO), missed watching baseball in person so much this spring that he would stop during his daily runs to see a recreational league game in his neighborhood in Daejeon. He would stay for an inning [...]
SEOUL, Aug. 9 (Korea Bizwire) — The government is drawing up a budget for next year, with its size likely to top 550 trillion won (US$463 billion), up 8 percent from this year’s, as the country is drumming up efforts to boost the pandemic-hit economy, sources said Sunday. According to the sources, the finance ministry [...]
SEOUL, Aug. 6 (Korea Bizwire) — As more consumers are concerned with their health due to the coronavirus pandemic, not-from-concentrate (NFC) juice, made from 100 percent fruits and vegetables without any sugar or other chemical substances, are gaining popularity. Market Kurly, an online grocery delivery platform, reported that NFC juice sales jumped by 57 percent [...]
SEOUL, July 30 (Korea Bizwire) — South Korea has reported a surplus in trade with countries with which it signed free trade pacts, data showed Thursday, in a sign that such deals help Seoul cushion the negative impact of the coronavirus pandemic. According to the data by the Korea Customs Service (KCS), South Korea posted [...]
SEOUL, July 30 (Korea Bizwire) — South Korean telecom operator LG Uplus Corp. said Thursday it will introduce digital kiosks and new online shopping services as part of its shift toward going “contactless” amid the pandemic. Starting in September, visitors to the mobile carrier’s flagship store in Gangnam, southern Seoul, will be able to use [...]
SEOUL, July 27 (Korea Bizwire) — Duty-free sales rose for the second straight month in June, but their sales still remained half of pre-pandemic figures, industry data showed Monday. Combined sales at duty-free shops in South Korea reached 1.11 trillion won (US$923 million) in June, up 9.3 percent from a month earlier, according to the [...]
BUCHEON, July 15 (Korea Bizwire) — The 24th Bucheon International Fantastic Film Festival (BIFAN) has seen a constant inflow of visitors despite the coronavirus outbreak since its grand opening on July 9. On the second day of the festival, tickets for 24 out of 32 film screenings were sold out. For the weekends, all 63 [...]
SEOUL, July 14 (Korea Bizwire) — The vast majority of South Koreans agree that government agencies including the Ministry of Health and Welfare have done a good job in fighting the coronavirus. Health Consumers Network, a South Korean civic group, conducted a nationwide survey of 1,200 men and women between the ages of 20 and [...]