South Korean restaurants' business sentiment rebounded in the first quarter, scoring 67.26 in the business survey index (BSI), up 7.5 points from a year earlier, according to the Korea Agro-Fisheries & Food Trade Corp.
The corporation attributed the first-quarter rebound to relaxed social distancing measures, which allowed more citizens to dine out.
The government extended restaurant operating hours by one hour to 10 pm in the Seoul metropolitan area while lifting business-hour regulations on the rest of the country in February.
The first-quarter BSI was 7.93 points higher than in the fourth quarter of last year, which was at an all-time low due to the pandemic.
South Korea's restaurant industry has been in a long slump due to the pandemic-induced social distancing measures that kept people from dining out.


Asian Tech Stocks Slide as AI Concerns and Rising Bond Yields Hit Chipmakers
Oil Prices Surge as Houthi Attacks Raise Saudi Supply Fears
Rosenblatt Starts Nokia at Buy on AI Networking Growth
Nvidia Eyes $10 Billion Investment in Anthropic IPO
EUR/USD Eyes 1.17 as Fed Decision Could Weigh on Dollar
SoftBank Shares Plunge 11% After OpenAI Rules Out 2026 IPO
Samsung, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan
Z.AI Shares Slide 7% After $5 Billion Fundraising
Novartis M&A Strategy Faces Investor Scrutiny After Drug Setbacks
Asian Stocks Fall as AI Fears and Oil Surge Hit Markets
Finland Raises 2026 Growth Forecast as Exports and Investment Surge
BHP Port Hedland Wage Dispute Heads to Arbitration
China Industrial Output Beats Forecasts as Exports Support Growth
US Treasury Yields Near 5% as Oil Fuels Inflation Fears
Treasury Buyback Fails to Cool Long-Term Yields
Samsung, Qualcomm 2nm Chip Deal Delayed Over Pricing
Ex-Google DeepMind Researcher Warns AI Could Pose Existential Threat 



