South Korean Finance Minister: Impact of coronavirus outbreak has not materialized for March exports

South Korean Finance Minister, Hong Nam-ki, has stated that the impact of the coronavirus outbreak has not materialized for March exports. The Finance Minister said the impact of the outbreak has not yet materialized for March exports, suggesting shipments data could worsen in the coming months.

Key notes

• March per day exports seen shrinking due to production disruptions.
• Will increase support for tourism, the entertainment industry.

More to come...