SEOUL, June 20 (Korea Bizwire) — The number of double-income households in South Korea moved up in 2022 from a year earlier, data showed, amid the eased COVID-19 restrictions. Double-income households came to 5.84 million in October 2022, up 20,000 from a year earlier, according to the data from Statistics Korea. They made up 46.1 [...]
SEOUL, June 19 (Korea Bizwire) — Small boats can now enjoy streaming video from platforms like YouTube and Netflix, thanks to the availability of satellite antennas designed specifically for them. In the past, communication on small ships required bulky and heavy satellite antennas. However, a new ultra-compact antenna has been introduced to replace them. SK [...]
SEOUL, June 19 (Korea Bizwire) — South Korean imports of Japanese seafood sank more than 30 percent last month, data showed Monday, amid concerns over Tokyo’s planned release of contaminated water from its crippled nuclear power plant. South Korea imported 2,129 tons of fishery products from the neighboring country in May, down 30.6 percent from [...]
SEOUL, June 19 (Korea Bizwire) — A shift towards electrification is becoming evident even in the domestic market for light commercial vehicles, which are commonly used by self-employed individuals and small businesses for their livelihood. Hyundai Motor Co. witnessed sales of its Porter II Electric reaching 58,499 units, while Kia Corp. sold 40,825 units of [...]
SEOUL, June 18 (Korea Bizwire) — The number of chargers for electric vehicles in South Korea has surpassed 240,000, data showed Sunday, amid the growing popularity of eco-friendly cars in the country. Fast chargers accounted for 10.6 percent of the 240,695 installed electric vehicle charging stations in South Korea, Rep. Park Sang-hyunk of the main [...]
SEOUL, June 17 (Korea Bizwire) – The Seoul Metropolitan Office of Education will conduct a full radiation test on school meals to check their safety amid concerns over Japan’s plan to release contaminated water from the crippled Fukushima nuclear power plant, officials said Saturday. The education office initially planned to conduct sample tests on school [...]
SEOUL, June 16 (Korea Bizwire) — Acclaimed author Baek Heena’s picture books open the door to magic and wonder by telling imaginative stories through minutely constructed visual worlds, and the famous characters are ready to meet their readers in real life. Baek, the 2020 laureate of the Astrid Lindgren Memorial Award (ALMA), the world’s most [...]
SEOUL, June 15 (Korea Bizwire) — South Korea’s top Internet portal operator Naver Corp., partnered with Samsung Electronics Co. in March to prepare for the official launch of Apple Inc.’s mobile payment service Apple Pay in the country, and this strategic move has yielded positive results, a local data tracker said Wednesday. Naver Pay, Naver’s [...]
SEOUL, June 14 (Korea Bizwire) — South Korea’s top steelmaker POSCO Holdings Inc. is set to construct the nation’s inaugural plant that utilizes lithium carbonate for the production of secondary battery materials. The company announced on Tuesday that it held a groundbreaking ceremony for a lithium hydroxide plant at the Yulchon Industrial Complex in Gwangyang, [...]
SEOUL, June 13 (Korea Bizwire) — South Korean shipyards are making various efforts to attract foreign workers in response to a shortage of manpower. The nation’s shipbuilding industry is expected to face a shortage of approximately 13,000 production workers in the third quarter of this year, according to the Korea Offshore & Shipbuilding Association. HD [...]