The Korea Times close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Business
  • Tech
  • Bio
  • Companies
Finance
  • Companies
  • Economy
  • Markets
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
Entertainment
& Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
Sports
World
  • SCMP
  • Asia
Video
  • Culture
  • People
  • News
Photos
  • Photo News
  • Darkroom
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Thu, June 30, 2022 | 01:49
-------------------------
Gov't designates May 6 as temporary holiday
Posted : 2016-04-28 11:43
Updated : 2016-04-28 18:12
Print Preview
Font Size Up
Font Size Down
The government decided Thursday to designate a temporary holiday next week in an effort to boost domestic consumption that is critical for economic growth.

The decision to designate May 6 a temporary holiday was reached at the Cabinet meeting chaired by President Park Geun-hye. This would allow people to take four days off in a row next week as South Korea celebrates Children's Day on Thursday.

The government said highway tolls across the country will be exempted and major palaces and other tourist sites will be open to the public for free.

The move is in response to a request made by the Korea Chamber of Commerce & Industry (KCCI) which had asked the government to allow the holiday, citing positive economic outcomes after Aug. 14 was designated a temporary holiday in 2015. South Koreans were allowed that day off since Independence Day on Aug. 15, which is a public holiday, fell on a Saturday.

The KCCI claimed that giving people the next day off following the public holiday would fuel private consumption.

Korea's largest business association in terms of members argued that the extended holiday weekend would create an even greater economic impact than last year because the government is already promoting tourism during the first two weeks of May.

It marks the 58th time that South Korea's government has designated a temporary holiday. (Yonhap)

 
LG
LG
  • Bodies found in missing family's car in Wando
  • Korea looks to Europe to diversify trade partners as China's growth slows
  • [INTERVIEW] 'Asia-Pacific region has potential to lead global decarbonization sector'
  • How I lost my period after shooting my first 'body profile'
  • Yoon, first lady attend gala dinner hosted by King of Spain
  • Luna collapse causes chaos
  • Inflation expectations in S. Korea hit 10-year high in June
  • South Korea's new COVID-19 cases back up over 10,000 after 20 days
  • Korea's first NATO summit to show expanded global role: experts
  • ASEAN F&B industry eyes sustainable market in Korea
  • [INTERVIEW] With unusual nicknames and backgrounds, MIRAE eyes becoming next big K-pop star [INTERVIEW] With unusual nicknames and backgrounds, MIRAE eyes becoming next big K-pop star
  • [INTERVIEW] Jean-Michel Othoniel's glass garden of enchantment 'is for everybody' [INTERVIEW] Jean-Michel Othoniel's glass garden of enchantment 'is for everybody'
  • Girl group aespa to perform in 'Good Morning America' 2022 Summer Concert Series Girl group aespa to perform in 'Good Morning America' 2022 Summer Concert Series
  • Park Hae-il 'honored' to play war hero Admiral Yi Sun-sin in 'Hansan' Park Hae-il 'honored' to play war hero Admiral Yi Sun-sin in 'Hansan'
  • BTS' J-Hope to prerelease 'More' Friday BTS' J-Hope to prerelease 'More' Friday
DARKROOM
  • Afghanistan earthquake killed more than 1,000 [PHOTOS]

    Afghanistan earthquake killed more than 1,000 [PHOTOS]

  • Divided America reacts to overturn of Roe vs. Wade

    Divided America reacts to overturn of Roe vs. Wade

  • Namaste: Yogis to celebrate International Yoga Day

    Namaste: Yogis to celebrate International Yoga Day

  • Poor hit harder by economic crisis

    Poor hit harder by economic crisis

  • Roland Garros 2022

    Roland Garros 2022

The Korea Times
CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Location
  • Media Kit
  • Contact Us
  • Products & Service
  • Subscribe
  • E-paper
  • Mobile Service
  • RSS Service
  • Content Sales
  • Policy
  • Privacy Statement
  • Terms of Service
  • 고충처리인
  • Youth Protection Policy
  • Code of Ethics
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group