Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Contentious grain bill put directly to plenary meeting for vote

    Contentious grain bill put directly to plenary meeting for vote
  2. 2

    Yoon's approval rating plunges to all-time low

    Yoon's approval rating plunges to all-time low
  3. 3

    Will tug-of-war between doctors, government end soon?

    Will tug-of-war between doctors, government end soon?
  4. 4

    Climate impacts set to cut 2050 global GDP by nearly a fifth

    Climate impacts set to cut 2050 global GDP by nearly a fifth
  5. 5

    Trilateral talks acknowledge ‘serious’ slumps of won, yen

    Trilateral talks acknowledge ‘serious’ slumps of won, yen
  1. 6

    [Graphic News] More Koreans say they plan long-distance trips this year

    [Graphic News] More Koreans say they plan long-distance trips this year
  2. 7

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
  3. 8

    North Korea removes streetlights along cross-border roads with South

    North Korea removes streetlights along cross-border roads with South
  4. 9

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
  5. 10

    Farming households dip below 1m for first time in 2023

    Farming households dip below 1m for first time in 2023
피터빈트

Oct. 2 designated by Blue House as a Chuseok-season holiday

By Lim Jeong-yeo

Published : Sept. 5, 2017 - 09:35

    • Link copied

Oct. 2 has been confirmed as a temporary holiday by the Cabinet, Tuesday, making the sought after 10-day holiday in the beginning of October a reality.

From Sept. 30 to Oct. 9, the longest chain of national holidays will unfurl, linking National Foundation Day, Chuseok holidays and Hangeul Proclamation Day.

(The Korea Herald) (The Korea Herald)

President Moon Jae-in noted that a delay in making the decision will hamper people’s holiday plans upon choosing to make the announcement a month in advance.

Experts forecast the decision will yield economic gains of 5 trillion won ($4.4 billion). According to Hyundai Research Institute’s analysis, in 2015 when Aug. 14 was designated as a temporary holiday, the estimated economic surplus on that day alone came up to nearly 2 trillion won. This figure was based on the assumption that half of Korea’s population, 25 million people, each spent an average of 79,600 won on the day.

(kaylalim@heraldcorp.com)

More from Headlines