>> ASIAONE / NEWS / LATEST NEWS / BUSINESS / STORY
S Koreans see ugly side of economic slowdown
Tue, Jun 24, 2008
AFP

SEOUL - SOUTH Koreans are cutting down on cosmetic surgery and vacations amid the economic slowdown, news reports and surveys showed.

The Dong-A Ilbo newspaper said on Tuesday cosmetic surgeons in Seoul were suffering from a rapidly decreasing number of clients because of the downturn.

'We saw a 30 per cent drop in double eyelid operations and rhinoplasty from last year and more than a 40 per cent decline in facial contouring surgery,' Dr Kim Beyong Geon, a surgeon in southern Seoul, told the paper.

Also hit hard were dentists offering services such as orthodontics, teeth-whitening and implants, which like cosmetic surgery are not normally covered by state health insurance.

A joint survey by JoongAng Ilbo newspaper and recruitment firm Job Korea showed on Tuesday that around 61 per cent of those polled have changed summer vacation plans.

Of these, around 30 per cent said they would use public transport rather than private cars, about 15 per cent said they would cut the length of their break and about nine per cent have scrapped plans to travel abroad. -- AFP

Is this article useful to you?
 

 
STORY INDEX
 
  S Koreans see ugly side of economic slowdown
   
 
  High oil prices hitting profits of Japanese firms
   
 
  Everyone loves Google while airlines get all the hate
   
 
  No layoffs planned, says Citi S'pore
   
 
  Risk control expert picks unit trusts for improved earnings
   
 
  From canvas to $$$$
   
 
  Australia's Qantas hit by widening strikes
   
 
  STI opens higher
   
 
  ST Telemedia completes $2.5b Indosat sale to Qtel
   
 
  Jade denies market talk that its coal mine venture is hot air
   
>> RELATED STORY
S Koreans see ugly side of economic slowdown
S Korea cabinet offers to resign over US beef crisis
S. Korea launches jury system
S. Korea to scrap waste dump sites in Japan-controlled waters
S. Korea's president-elect backs visit by Japanese emperor

Elsewhere in AsiaOne...

Investor Relations: S Korea Oct manufacturing sentiment dips slightly

Motoring: Car imports test South Koreans' patriotism

Business: A S'pore-S. Korea bridge for investors

 

We welcome contributions, comments and tips.
a1admin@sph.com.sg
   

Search: