SEOUL, Dec. 23 (Korea Bizwire) — The top 100 South Koreans owning the largest number of homes have purchased close to 2,000 more homes in the last 12 months, data showed Thursday. Rep. Kim Hoi-jae of the Democratic Party referred to a Statistics Korea report indicating that the top 100 home owners owned 22,582 residences [...]
SEOUL, Dec. 23 (Korea Bizwire) — Cigarette packs in South Korea will feature new warning images as of Friday. The Ministry of Health and Welfare announced that new warning images unveiled in June have been implemented for the next 24 months, following a probation period. The 12 warning images for 10 non-electronic cigarettes and two [...]
SEOUL, Dec. 22 (Korea Bizwire) — Home-owning young South Koreans have more positive views toward marriage than those who do not own a home, the statistics agency said Wednesday. Statistics Korea analyzed the statistical data of the unmarried South Korean population between the ages of 19 and 34 as stipulated in the Social Survey 2020, [...]
SEOUL, Dec. 22 (Korea Bizwire) — Ahead of Christmas, a prime season for cakes, anti-SPC sentiment is on the rise with many vowing to avoid purchasing SPC products. A boycott movement of SPC Group brands began in October, after a 23-year-old worker killed in a sauce mixer accident at at the factory affiliated with the [...]
SEOUL, Dec. 22 (Korea Bizwire) — Self-driving electric buses similar in size to public city buses deployed as shuttle buses around the former presidential office Cheong Wa Dae in Seoul, starting Thursday. Hyundai Motor Co.’s Elec City, the carmaker’s first mass-production electric bus, has been renovated into an autonomous bus. The buses will cover a [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korea’s new COVID-19 cases stood above 75,000 on Thursday, up by nearly 5,600 from a week earlier, as the virus wave continues to spread in the winter. The country reported 75,744 new COVID-19 infections, including 73 from overseas, bringing the total caseload to 28,466,390, the Korea Disease Control [...]
SEJONG, Dec. 22 (Korea Bizwire) — The gross regional domestic product (GRDP) in South Korea moved up 6.8 percent in 2021 from a year earlier, led by gains in the manufacturing industry, data showed Thursday. The GRDP was tallied at 2,076 trillion won (US$1.63 trillion) in 2021, up 132 trillion won from a year earlier, [...]
SEOUL, Dec. 22 (Korea Bizwire) — The Ministry of Land, Infrastructure and Transport said Wednesday it will strengthen the benefits of its cost-saving public transport cards for low-income individuals, the recipients of basic livelihood security and young people between the ages of 19 and 39. The card, dubbed as “Altteul Transport Card” provides public transport [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korea’s southern resort island of Jeju has greatly expanded its spending for job creation amid the accelerating exodus of young people. The Jeju provincial government said Wednesday it earmarked 5 billion won (US$3.91 million) for next year’s youth job project and will support jobs for 637 young adults. [...]
SEOUL, Dec. 21 (Korea Bizwire) — Street vendors in Myeongdong, a major shopping district in downtown Seoul, will be closed on Christmas Eve as part of crowd management measures, officials said Wednesday. A total of 362 vendors have agreed with the office of Junggu Ward covering the district to keep their businesses closed on the [...]