The Bank of Korea (BOK) cut the benchmark interest rate by 25 basis points Thursday, bringing it to a historic low of 0.5 percent. It also revised the country’s growth outlook to minus 0.2 percent this year, a shuddering drop from its 2.1
A second distribution center of the Korean e-commerce behemoth Coupang in Goyang, Gyeonggi, has been hit by the coronavirus with at least one worker testing positive, health officials announced Thursday.
Lotte Duty Free and Shilla Duty Free stores in Jeju Island will close temporarily starting on June 1 after sales have plummeted for months following a dip in tourists due to the coronavirus pandemic.
Foreign residents in Korea starting from June 1 will be required to get permits to re-enter the country and submit up-to-date medical reports detailing whether they have coronavirus symptoms on their return.
The Bank of Korea (BOK) cut the benchmark interest rate by 25 basis points Thursday, bringing it to a historic low of 0.5 percent.
An employee at a second Coupang distribution center was confirmed a coronavirus patient on Thursday, the e-commerce operator announced Thursday morning.
A 43-year-old man surnamed Kim who was waiting at Gimpo International Airport for a plane to Busan Tuesday said he came early to preregister biometric information needed for vein recognition. He said he wanted to avoid unnecessary contact with others
Schools reopened for the first time since the coronavirus outbreak on Wednesday, starting with classes for high school seniors who were filled with both trepidation and excitement to finally be back with their peers after over two and a half months.
Re-enactors resume the change of guard ceremony, which had been suspended due to the coronavirus outbreak, at Gyeongbok Palace in central Seoul on Wednesday. The ritual is carried out everyday except for Tuesdays.
School is back in session for 2.37 million more students, including kindergartners, who resumed in-person classes Wednesday amid continued concerns over an uptick in new coronavirus cases.