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S. Korea’s Tech Trade Logs Second-highest Tally of US$29 bln in 2020

S. Korea’s Tech Trade Logs Second-highest Tally of US$29 bln in 2020

SEOUL, Jan. 21 (Korea Bizwire) — South Korea’s technology trade reached the second-highest tally ever of US$29.9 billion in 2020, down 5.5 percent from the previous year, amid the global pandemic, government data showed Friday. The technology trade refers to the country’s international technology transactions, such as the use of patents, licenses and technical services, [...]

Two-thirds of S. Koreans Not Interested in Beijing Winter Olympics: Poll

Two-thirds of S. Koreans Not Interested in Beijing Winter Olympics: Poll

SEOUL, Jan. 21 (Korea Bizwire) — Nearly two-thirds of South Koreans have no interest in the upcoming Beijing Winter Olympics, a survey showed Friday. Gallup Korea polled 1,002 South Korean adults from Tuesday to Thursday on their thoughts on the Feb. 4-20 Winter Games in the Chinese capital. And 65 percent said they were not [...]

Over One-third of S. Koreans Paid Subscribers to OTT Platforms Last Year

Over One-third of S. Koreans Paid Subscribers to OTT Platforms Last Year

SEOUL, Jan. 20 (Korea Bizwire) — Over 34 percent of South Koreans were paid subscribers to over-the-top (OTT) media, or video streaming services, a survey showed Thursday. Paid subscribers to OTTs stood at 34.8 percent last year, up 20.4 percentage points from the previous year, according to a survey of 6,834 people over the age [...]

S. Korean Investors’ Holdings of Foreign Securities Hit New High in 2021

S. Korean Investors’ Holdings of Foreign Securities Hit New High in 2021

SEOUL, Jan. 20 (Korea Bizwire) — South Korean investors’ holdings of foreign securities touched a new all-time high in 2021 on an overseas investment boom, data showed Thursday. Local investors had held overseas stocks and bonds worth US$100.59 billion as of end-2021, up 39.3 percent from a year earlier, according to the data from the [...]

40 pct of Self-employed Consider Biz Closure amid Pandemic: Survey

40 pct of Self-employed Consider Biz Closure amid Pandemic: Survey

SEOUL, Jan. 16 (Korea Bizwire) — Four out of 10 self-employed people in South Korea are considering closing their businesses due to sluggish sales amid the long-enforced strict social distancing rules during the coronavirus pandemic, a survey showed Sunday. According to the survey of 500 people operating restaurants, retail and other service businesses by the [...]