to storm-damaged areas. The Korea Exchange fell 1.8% due to fears that storm damage would disrupt exports. For the month of September 2003, the Korea Electric Power Corporation waived electric bills for residents who lost their homes, and cut bills in half for residents and businesses who lost power. The South Korean government allowed companies to increase premiums for car insurance by 3.5% due to the widespread car damage. Due to storm damage, 34 companies were forced to temporarily close. Loss of production and disruptions were expected to subtract 0.5% from the forecast economic growth in 2003. The Consumer Confidence Index dropped to its lowest level in five years, largely due to the typhoon damage and weakened economic conditions. Following the strikes of Rusa and Maemi in consecutive years, the South Korean government worked on disaster management and mitigation programs. In March 2004, the government passed the "Emergency and Safety Management Basic Act", largely due to the storm as well as the Daegu metro fire, which effectively set up a nationwide emergency management system. The Gupo bridge damaged during the storm was repaired in 2007. Although the South Korean government did not request international aid, several countries sent aid to the country. A few days after Maemi struck, the United States Agency for International Development sent $50,000 (USD) to the Korean Red Cross. Later, the government of Japan sent ¥9.5 million (US$85,000) worth of supplies to South Korea, including sleeping mats, generators, and water units. Taiwan also provided $100,000 in aid. The Republic of Korea National Red Cross utilized 700 volunteers and 200 staff members to distribute food and blankets to 8,190 houses, while local offices provided over 5,500 meals. Members of Food for the Hungry delivered food and clothing to storm-damaged residents in Masan. As a result of the damage and deaths caused by the storm, the World Meteorological Organization retired the name Maemi in 2006 and replaced it with Mujigae. However, the name Mujigae was later retired in 2015 after its onslaught and was replaced by Surigae in 2021. See also Typhoons in the Korean Peninsula List of retired Pacific typhoon names Typhoon Sanba (2012), another strong typhoon that struck South Korea Typhoon Neoguri (2014) Typhoon Chaba (2016) Typhoon Kong-rey (2018), took a similar track Typhoon Hinnamnor (2022), also struck South Korea as a strong typhoon Notes References External links RSMC Tokyo – Typhoon Center Best Track Data