SEOUL, Aug. 8 (Korea Bizwire) — South Korea’s public sector reduced its greenhouse gas emissions by more than 20 percent last year from its target volume, the Ministry of Environment said Saturday. According to the ministry, annual greenhouse gas emissions by 782 government and state-funded institutions amounted to 3.98 million tons of CO2 equivalent in [...]
SEOUL, Aug. 5 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 1.7 percent in July from a year earlier on strong sales of German vehicles, an industry association said Wednesday. The number of newly registered foreign vehicles rose to 19,778 units last month from 19,453 a year earlier, the Korea Automobile Importers [...]
SEOUL, Aug. 4 (Korea Bizwire) — South Korea’s investment in startups sank more than 17 percent in the first half of the year due to the coronavirus outbreak, government data showed Tuesday. A total of 1.65 trillion won (US$1.38 billion) was invested in promising venture firms and startups in the January-June period, down 17.3 percent [...]
SEOUL, Aug. 3 (Korea Bizwire) — South Korean carmakers’ auto sales fell 9.2 percent last month from a year earlier as overseas demand remained weak amid the new coronavirus outbreak, but their domestic sales spiked 10 percent, industry data showed Monday. The five carmakers in South Korea — Hyundai Motor Co., Kia Motors Corp., GM [...]
SEOUL, Aug. 3 (Korea Bizwire) – Sales of mobile games in South Korea soared to a record high in the first half of the year amid the coronavirus pandemic that has confined more people to their homes, industry data showed Monday. Combined sales of three app markets — Google’s Play Store for Android devices, Apple’s [...]
SEOUL, Aug. 3 (Korea Bizwire) — The number of hotels in South Korea more than doubled during the past seven years amid an influx of visitors from China, government data showed Monday. The number of hotels in the country stood at 1,050 as of the end of last year, up 53.7 percent from 683 in [...]
SEOUL, Aug. 3 (Korea Bizwire) — Apartment lease contracts in the South Korean capital of Seoul sank to a nine-year low in July amid tighter rules, municipal data showed Monday. The number of apartment lease contracts, called “jeonse” here, stood at 6,304 in July, the lowest monthly level since data tracking began in 2011, according [...]
SEOUL, Aug. 2 (Korea Bizwire) — South Korea saw the addition of 38 new public libraries nationwide last year thanks to the government’s efforts to enhance access to libraries in recent years. According to a recent statistical survey by the Ministry of Culture, Sports and Tourism and its affiliated Korea Culture and Tourism Institute, the [...]
SEOUL, Aug. 1 (Korea Bizwire) — Two in five defectors who returned to the North lived in South Korea for less than three years, a lawmaker said Saturday, urging authorities to pay greater attention to the management of former North Koreans here. Rep. Lee Sang-min of the ruling Democratic Party, citing data obtained from the [...]
SEJONG, July 31 (Korea Bizwire) — Sales of cigarettes in South Korea rose 3.8 percent on-year in the first half of this year, data showed Friday, thanks to robust sales of traditional cigarettes. South Korean smokers purchased 1.74 billion 20-cigarette packs in the January-June period, compared with 1.67 billion packs in the same period last [...]