South Korea: Solo drinkers’ on the rise after anti-graft law takes effect

Author(s): UNK | Date: October 25, 2016 | Language: English
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A growing number of people prefer drinking at home after an anti-graft law has put a damper on drinking parties and entertainment events, boosting sales of alcoholic beverages and snacks at convenience stores, industry officials said Tuesday.
The law, which took effect on Sept. 28, bans public servants, educators and journalists from receiving free meals valued over 30,000 won ($26.50), gifts worth more than 50,000 won or congratulatory or condolence money of more than 100,000 won.
CU, a major convenience store chain operated by BGF Retail, said sales of beer and soju rose about 20 percent from Sept. 28 to Oct. 21, while those of hangover cure drinks were cut by more than half over the same period.

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