Newsis reports on the latest tally
The uptick in new cases in South Korea isn’t showing any signs of slowing down just yet and as this continues to move higher, expect more strict precautionary measures from the government – similar to what we are seeing in Hong Kong and China.
Besides that, expect more and more countries to also issue travel restrictions to and from South Korea in general – not just Daegu.
While the cases are something to take note of, the emphasis for the market isn’t on the count or mortality rate, it is the fact that governments are willing to embrace lockdowns just to stop the virus from spreading. That is the scary part for global trade and travel.