SEOUL, Sept. 20 (Korea Bizwire) — South Koreans on average consumed alcoholic beverages 8.5 days per month in 2019, a poll showed Sunday, with a growing number of people drinking at home this year due to the virus pandemic. It marked a slight drop from 8.8 days posted in 2017 and 2018, according to the [...]
SEOUL, Sept. 20 (Korea Bizwire) — South Korea’s major tech giants are anticipated to enjoy better-than-expected earnings during the third quarter, a poll showed Sunday, as they were able to save costs amid the global new coronavirus pandemic. Samsung Electronics Co. is expected to post an operating profit of 10.3 trillion won (US$8.85 billion) in [...]
SEOUL, Sept. 20 (Korea Bizwire) — The proportion of women among high-ranking officials in the central government has risen to an all-time high, a government report showed Sunday. According to the report on balanced personnel policy in the public sector, 7.9 percent, or 122, of 1,539 high-ranking civil servants in the central government were female [...]
ULSAN, Sept. 18 (Korea Bizwire) — A cafe named after its date of establishment is drawing the attention of the ARMY, the official fan club for K-pop super group BTS after the date happened to match the date of the seven-member band’s debut. Located in Nam District in the southeastern city of Ulsan, Cafe 0613 [...]
HWACHEON, Sept. 18 (Korea Bizwire) — Sanae High School, located in the northernmost region of Hwacheon County, Gangwon Province, has had packs of stray cats gathering in the school yard since early this year. In a strange coincidence, the school recently established a student club named ‘Level Up’ to engage in animal protection, after 11 [...]
SEOUL, Sept. 18 (Korea Bizwire) — A record-low number of South Koreans are expected to visit their hometowns or travel during the upcoming Chuseok holiday amid the lingering coronavirus fears, a poll showed Friday. In the survey of 1,000 adults nationwide conducted by Gallup Korea earlier this week, 81 percent said they do not have [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korea’s exports of automobiles plunged nearly 16 percent in August from a year earlier, data showed Friday, due mainly to the global virus pandemic dealing a harsh blow to consumer sentiment around the world. Local carmakers shipped 136,538 units of cars overseas last month, down 15.8 percent from [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korea said Friday the number of beachgoers plummeted 60 percent in 2020 from a year earlier, as the country limited the number of visitors to prevent the spread of the new coronavirus. The number of beachgoers this year came to 26.8 million, compared to 67.6 million posted a [...]
SEOUL, Sept. 18 (Korea Bizwire) — Switch, a video game console developed by Japan’s Nintendo, is enjoying explosive growth in sales in South Korea due to the rapid increase in the number of users since the outbreak of the COVID-19 pandemic. According to IR data released by Daewon Media Co., a South Korean distributor of [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korean insurance companies will start selling autonomous car-related insurance products from late this month, the financial watchdog said Thursday. The Financial Supervisory Service announced that the nation’s 12 non-life insurance companies will start selling new insurance products that can cover the risk related to accidents involving commercial self-driving [...]