Industry
Average of 10 bars shut down daily
April 11, 2017
An average of nearly 10 bars closed per day last year, reflecting an industrywide downturn, the National Tax Service said Tuesday.As of January, 3,600 bars shut down their operations over the last year. South Korea had 55,761 bars registered as of the end of that month, a 6.1 percent decrease from 59,361 a year earlier, the tax agency said. (Yonhap)The number of bars had surpassed 60,000 in December 2015, but that figure has continued to decline since.Of the 17 cities and provinces, Ulsan showe