Money can Buy Love in South Korea This Valentine's!

Cash is the unromantic but preferred Valentine's Day gift this year as the economic downturn bites in South Korea, a report said Tuesday.

With the credit crunch making wallets thinner and reducing one-exorbitant lifestyles to the struggle of making ends meet, cash rules the roost as the 'Gift of Choice' in recession-ravaged South Korea this year.

In contrast to other societies, women traditionally give single men gifts to mark February 14.

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The Korea Herald, citing a survey by a local matchmaking company, said 27 percent of 256 men who were interviewed opted for cash while 13 percent chose travel-related presents.

Twelve percent wanted a wallet, rather than something to fill it with, but only seven percent desired chocolate -- the most popular gift in previous years.

"The survey results seem to reflect the current economic recession," said Hong Jung-Ok, a manager of matchmaking firm Duo Info Corp.

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About a third of respondents said flowers were the last thing they wanted for Valentine's Day.

Korean men give women presents on March 14, known as "White Day," to express their affection.

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Source-AFP
TAN/L

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