of course the outbreak has been hurting
the South Korean economy in a report published today the Korea Development
Institute said that last month the outbreak caused exports to contract
especially those to China kdi says average daily exports in February were
down 12.2% sediment about the economy has also been hit hard the business
sentiment index for all industries fell from 75 to 65 a level that hasn’t been
seen since the financial crisis there’s also been a surge of volatility in the
value of the Korean currency and stocks kdi said if the outbreak persists then
fewer jobs will be created especially in the service sector

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21 thoughts on “Outbreak causing rapid deterioration in S. Korean economy: KDI”

  1. This dude still sounds sick. 40 seconds of air time to “show” everyone that he’s okay. Meanwhile only one other person in the office who’s wearing a face mask.

  2. Yes best news to come out about this virus… "STOCKMARKET IMPLODING" sadly there won't be any lessons learnt

  3. The virus is out of control and can not be stopped I wish the virus dies out and go away I m sick of hearing about it

  4. At least your country is doing something to counter and be proactive in the fight against Coronavirus.
    I can only imagine the pain and suffering North America will endure do the Lack of leadership.
    And I will speculate the Western economies will suffer the worst.
    Due to their incompetence and denial. They're doing far more damage to their economies by ignoring this World crisis!!

  5. The " economy " is a measure of value generation . You are worth more then a diamond, and almost as much as gold . So protect yourself

  6. the world as we know it is gone, we need to reinvent a new civilization with a new economy that treats this deadly virus (a bioweapon leaked by china) as endemic, because it is

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