[By NBC-1TV H. J Yook]More than 8 out of 10 Korean consumers(82 percent) think that Korea is in an economic recession, according to a new study from Nielsen, a leading global provider of information and insights into what consumers watch and buy. Nielsen’s study shows that more than half of these respondents (53 percent) say that Korea will not be out of recession in the next 12 months.
The Nielsen Global Survey of Consumer Confidence and Spending Intentions surveyed between May 4 and May 21 with more than 28,000 internet respondents in 56 countries shows that 6 out of 10 global consumers(57 percent) and 45 percent of Asia Pacific consumers say their economy is in a recession. It indicates that Korean consumers are the most pessimistic about local economy in the Asia Pacific region. (See graph 1)
MOST OF THE KOREAN CONSUMERS (79%) ARE NEGATIVE ABOUT THEIR PERSONAL FINANCES IN THE NEXT 12 MONTHS
It appeared that 8 out of 10 Korean consumers(79 percent) are negative about their personal finances in the next 12 months, which is the same level to the previous quarter(1Q 2012) and the same period in the previous year(Q2 2011), but much more higher than the global(44 percent) and Asia Pacific(38 percent) regional average.
SPENDING INTENTIONS AND JOB PROSPECTS ARE HIGHLY NEGATIVE
THAN THE AVERAGE OF THE GLOBE AND ASIA PACIFIC REGION
When asked perceptions of good/bad time to buy things they want and need at the moment, considering the cost of things today and their own personal finances, the majority of Korean consumers(86 percent) responded “Not so good”(38 percent) or “Bad”(48 percent), which is much higher than the global(65 percent) and Asia Pacific(62 percent) regional average.
Nielsen’s survey also shows that 9 out of 10 Korean respondents (87 percent) look pessimistic about local job prospects in the next 12 months, which is down one percentage point from the previous quarter but up four percentage points from the previous year. Koreans’ anxiety about job prospects is much higher than the average of global (49 percent) and Asia Pacific (37 percent) consumers.
MAJOR CONCERNS FOR KOREANS ARE ‘JOB PROSPECTS’(17%)-‘WORK/LIFE BALANCE’ (16%)-‘THE ECONOMY’ (15%)
GLOBAL AND ASIA PACIFIC CONSUMERS’ BIGGEST CONCERN IS ‘THE ECONOMY’
Job prospects(17 percent) is selected as the biggest concern for Koreans, followed by work/life balance(16 percent) and the economy(15 percent) while the economy(17%) was chosen as the biggest concern in the previous quarter. Meanwhile, global (16 percent) and Asia Pacific (16 percent) consumers selected the economy as the biggest concern in the next 6 months.
Q2 GLOBAL CONSUMER CONFIDENCE INDEX DECLINED SLIGHTLY …ASIA PACIFIC IS THE MOST OPTIMISTIC REGION FOR 4 CONSECUTIVE QUARTERS
KOREA RANKED 51ST AMONG TOTAL 56 MARKETS
Global Consumer Confidence (91 index), which is down three index points from the previous quarter, is on a downturn again. Confidence in Asia Pacific region (100 indexes) declined with three index points but maintain as the most optimistic region for four consecutive quarters.
Confidence declined in 26(41 percent) of 56 markets, increased in 23 and remained flat in seven markets.
While India had been the world’s most optimistic market for nine consecutive quarters according to Nielsen’s survey, Indonesia reported the highest consumer confidence index in Q2 at 120, topping India’s score of 119. Philippines (116 index), Saudi Arabia (115 index) and Malaysia (111 index) ranked together at the top level. Korea(50 index), which is up one index point from the previous quarter but down two index points from the previous year, ranked 51st among the total 56 markets.
The biggest quarterly consumer confidence gains in Q2 were reported in France (+11), Belgium (+9), Finland (+7) and Switzerland (+7) while the biggest quarterly consumer confidence declines in Q2 were reported in Taiwan (-12), Argentina (-5), Australia (-5), China (-5), Netherlands (-5), United States (-5).
“Consumers are clearly proceeding with caution in relation to their spending intentions,” said Dr. Venkatesh Bala, chief economist at The Cambridge Group, a part of Nielsen. “Consumer confidence lost momentum in the second quarter as global events, including a worsening Euro zone crisis coupled with slowing growth rates in China and India, impacted financial markets and consumer sentiment in many parts of the world. As renewed volatility entered global markets, consumers reacted by reining in spending and consumption intentions.”
[NBC-1TV 박승훈 기자]이종철 미국 뉴저지 팰리세이즈팍 부시장이 타운의회에서 시의장으로 재선출돼 팰팍 타운에서 부시장과 시의장을 겸직하게 됐다. 팰팍 타운의회는 6일 이 부시장의 시의장 임명안을 표결에 부쳐 만장일치로 선임했다. 이 부시장은 지난 2012년에도 시의장직을 수행한 바 있다. 팰팍 시의장은 1년 임기로 타운의회를 이끄는 최고 의사 결정권자로 시장이 공석 등으로 업무를 수행하지 못할 경우 시장 권한대행을 할 수 있다. 한편 이 부시장은 일본군 위안부 기념비를 팰팍시에 세계 최초로 설치했으며, 공립학교에 한글을 제2외국어로 지정하고 한식을 공립학교에 점심 급식으로 제공하는 추진력을 발휘했으며, 팰팍 중심도로에 Korea Way 설치에도 발벗고 나섰다.
[By NBC-1TV K, Y Yi]WUXI, China (Jan 6, 2018) – A highly entertaining second Saturday of the super-elite World Taekwondo (WT) Grand Slam 2017/18 series, which pits the best twelve athletes in each Olympic weight category against each other, took place today, with athletes competing in the Female -67kg and male -68kg categories. In the unpredictable female competition, third seed Ruth Gbagbi of Cote d’Ivoire came out on top after impressively defeating dark horse YunfeiGuo of Team China in the final by 10:6. The Rio 2016 bronze medallist has been in excellent form recently and her fearsome, al
[By NBC-1TV K, Y Yi]WUXI, China (28 Dec. 2017) – Two days before the inaugural edition of the Wuxi 2017 World Taekwondo Grand Slam Champions Series kicks off on Saturday, the WT’s finest athletes and senior officials got their first look at the bespoke venue at a press conference held in the Wuxi Taihu International Expo Center in Wuxi, China. The Grand Slam Series – to be held over five consecutive Saturdays in this city in eastern China–will be fought under amended rules designed to upgrade the sport’s spectacle, and offers the biggest prize money in taekwondo history: USD70,000 for first p
[NBC-1TV 이경찬 기자]문재인 대통령은 2일 오전 국립서울현충원 참배로 새해 첫 공식일정을 시작했다. 문 대통령은 이날 오전 8시 이낙연 국무총리와 김동연 경제부총리, 김상곤 사회부총리, 김부겸 행정안전부 장관을 비롯한 각 국무위원, 임종석 대통령 비서실장 등 20여 명과 함께 현충원을 찾아 현충탑에 헌화하고, 순국선열과 호국영령의 넋을 기렸다. 현충탑에 도착한 문 대통령은 '대통령 문재인'이라고 적힌 화환을 순국선열과 호국영령에게 헌화한 후 분향·묵념했다. 한편 이 총리와 각 국무위원은 미리 현충원에 도착해 문 대통령을 영접했다.
[NBC-1TV 이광윤 보도국장]문재인 대통령이 3박 4일의 중국 국빈방문 일정을 마치고 16일 늦은 밤 서울공항을 통해 귀국했다. 문 대통령의 이번 방문에서는 국빈의전에 심각한 민낯을 보인 중국측의 외교상 결례가 발생하여 양국이 앞으로 풀어야 할 과제가 남게 되었다. 문 대통령은 15일 충칭에 있는 대한민국 임시정부 청사를 방문하고 김구 선생의 흉상에 헌화한 후 독립 유공자 후손들을 만났다. 이어 현대지동차 충칭공장을 방문해 현장 근로자들을 격려하고 협력사 대표들을 만나 양국 경제협력의 가교가 되어달라고 당부했다.