Festa crowds

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Festa crowds

 
Banners promoting the Korea Sales Festa hang on the streets of Myeong-dong, central Seoul, on Sunday. Some 2,053 companies are currently participating in the two-week sales promotional event that kicked off on Nov.1, the largest number of participants since it first started in 2015. The government hopes that the mass sale, which is considered Korea’s answer to Black Friday, will boost the domestic economy and prop up overall economic growth. The Korean economy is forecast to grow 4 percent this year. [YONHAP]

Banners promoting the Korea Sales Festa hang on the streets of Myeong-dong, central Seoul, on Sunday. Some 2,053 companies are currently participating in the two-week sales promotional event that kicked off on Nov.1, the largest number of participants since it first started in 2015. The government hopes that the mass sale, which is considered Korea’s answer to Black Friday, will boost the domestic economy and prop up overall economic growth. The Korean economy is forecast to grow 4 percent this year. [YONHAP]

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