SEOUL, July 18 (Korea Bizwire) — POSCO Holdings Inc. on Tuesday reported that its second-quarter operating profit had narrowly exceeded expectations due to “normalized” sales and higher product prices. Its consolidated operating income came to 1.3 trillion won (US$1 billion) for the April-June period, down 38.1 percent from a year earlier, South Korea’s top steelmaker [...]
SEOUL, July 18 (Korea Bizwire) — Eastar Jet Co., a South Korean low-cost carrier, said Tuesday it will resume services on the routes to Tokyo and Osaka in September after a three-year hiatus due to the COVID-19 pandemic. Eastar Jet will provide one flight a day on the Incheon-Tokyo route and two flights a day [...]
SEOUL, July 18 (Korea Bizwire) — The number of North Korean defectors coming to South Korea reached 65 in the April-June period, nearly doubling from 34 three months earlier, government data showed Tuesday, in an apparent rise after China eased its strict COVID-19 restrictions. After escaping the North, 18 men and 47 women reached South [...]
SEOUL, July 18 (Korea Bizwire) — The welfare ministry said Tuesday nearly 12 percent of more than 2,100 undocumented babies nationwide were confirmed to have died. The Ministry of Health and Welfare said its probe found that 249 out of the 2,123 babies who were born between 2015 and 2022 but not registered with the [...]
SEOUL, July 18 (Korea Bizwire) — Exports of K-pop albums reached an all-time high in the first half of the year, with the United States surpassing China as the second-largest market for Korean music, data showed Tuesday. According to the data from the Korea Customs Service, exports of K-pop albums in the first six months [...]
SEOUL, July 18 (Korea Bizwire) — Samsung C&T Corp.’s construction division has announced plans to launch an Art Gallery service that connects artwork installation and purchasing within its apartment complexes. In order to provide this service to the residents, the construction division intends to establish a strategic partnership with the art auction platform Flea Auction. [...]
SEOUL, July 18 (Korea Bizwire) — The share of South Korean companies in the production capacity of the North American and European separation membrane market is expected to exceed 70 percent by 2030, a report showed Monday. South Korean separation membrane makers, including SK IE Technology Co. (SKIET), W-Scope Chungju Plant Co. (WCP), and LG [...]
SEOUL, July 18 (Korea Bizwire) — In the domestic job market, the most popular job category turned out to be IT development, data showed Monday. According to an analysis of talent pool data by recruiting platform Saramin, the number of job offers in the first half of this year showed a 7.9 percent increase compared [...]
SEOUL, July 18 (Korea Bizwire) — The number of abandoned schools is increasing even in the capital city of Seoul due to the declining school-age population, but renovating such facilities proves to be more challenging compared to other buildings. According to the Seoul Metropolitan Office of Education, there are currently three unused abandoned schools in [...]
SEOUL, July 18 (Korea Bizwire) — The Ministry of Oceans and Fisheries announced that it will launch a remote medical support service through the e-navigation system, targeting ships operating off the country’s coasts. The service will make use of an ultra-high-speed LTE-M network. In the past, it has been challenging to receive support from onshore [...]