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Sales in Performing Arts Market Top 800 bln Won for First Time in 2017: Data

Sales in Performing Arts Market Top 800 bln Won for First Time in 2017: Data

SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s performing arts market, which includes musicals, plays and classical music, rebounded in 2017, apparently reflecting political and social stability after the presidential election in May that year, officials said Wednesday. According to data released by the Ministry of Culture, Sports and Tourism and the Korea Arts Management [...]

Average Daily No. of Births in Seoul Falls Below 200 for 1st Time

Average Daily No. of Births in Seoul Falls Below 200 for 1st Time

SEOUL, Dec. 12 (Korea Bizwire) — The number of infants born in Seoul came to an average of 179 per day last year, dipping below the threshold of 200 for the first time as more people are delaying or shunning marriage, data released Wednesday by the Seoul metropolitan government showed. According to the Seoul Statistics [...]

Half of Working Moms in S. Korea Make Less than 2 mln Won per Month

Half of Working Moms in S. Korea Make Less than 2 mln Won per Month

SEOUL, Dec. 10 (Korea Bizwire) — A recent survey has revealed that 49.1 percent of female salaried employees living with a child under 18 years of age were paid less than 2 million won (US$1,773) per month. Compared to all salaried employees, 10.8 percent more working moms made less than 2 million won per month. [...]

Top Biz Group Operating Profits Down if Samsung Elec, SK hynix are Excluded

Top Biz Group Operating Profits Down if Samsung Elec, SK hynix are Excluded

SEOUL, Dec. 9 (Korea Bizwire) — The operating profits of South Korea’s listed companies belonging to the largest conglomerates contracted in the January-September period of this year if the numbers for Samsung Electronics Co. and SK hynix are excluded, a local business tracker said Sunday. The total for the 94 companies, not counting the two [...]