SEOUL, Aug. 15 (Korea Bizwire) — South Koreans’ credit card spending on Japanese products has more than halved in the past month amid an escalating trade row between the two countries, government data showed Thursday. Korean consumers have staged a campaign against Japanese products and travel to the neighboring country since early July when Japan [...]
SEOUL, Aug. 5 (Korea Bizwire) — The portion of smartphone users among South Koreans aged 70 and over has risen by more than 10 times over the past five years, a report showed Monday. The smartphone penetration rate for the age group came to 37.8 percent in 2018, compared with 3.6 percent five years earlier, [...]
SEOUL, Aug. 5 (Korea Bizwire) — An increasing number of tourist exchanges between South Korea and Vietnam are leading airlines to create new routes between the two countries. The Korea Tourism Organization and the Vietnam National Administration of Tourism reported that 2,078,000 South Koreans visited Vietnam over the first half of this year, which was [...]
SEOUL, Jul. 31 (Korea Bizwire) — In the past 10 months, one out of 45 South Koreans has been prescribed “anorexia suppressant,” a psychotomimetic agent, according to a recent report. Women accounted for more than 90 percent of all the prescriptions issued. The Ministry of Food and Drug Safety said Tuesday that it confirmed the [...]
SEOUL, Jul. 30 (Korea Bizwire) — Over the past 38 years, the total income of farmers who grow peaches and onions has increased the most, a recent report has revealed. According to Statistics Korea’s survey of the total income changes for growers of 17 major crops between 1980 and 2018, peaches, with an average annual [...]
SEOUL, Jul. 26 (Korea Bizwire) — The number of drivers caught driving under the influence of alcohol (DUI) decreased by about 11 percent nationwide in the month after a tougher anti-DUI law took effect on June 25, police said Friday. According to the National Police Agency (NPA), 296 DUI offenses were reported daily on average [...]
SEJONG, Jul. 23 (Korea Bizwire) — Six out of 10 South Korean senior citizens want to earn a living up to the age of 73 on average, data showed Tuesday. The data from Statistics Korea showed that 8.98 million, or 64.9 percent, of the 13.84 million South Koreans aged between 55 and 79 said they [...]
SEOUL, Jul. 22 (Korea Bizwire) — The number of newly registered pet dogs in South Korea rose nearly 40 percent in 2018 from a year earlier, the country’s animal quarantine agency said Monday. Around 147,000 new dogs were registered to the state-run Animal Protection Management System last year, compared with the newly registered 105,000 pet [...]
SEOUL, Jul. 18 (Korea Bizwire) — The installed capacity of solar and wind power rose 52 percent on-year in the first half of this year, leading the growth of renewable energy. Solar energy and wind power accounted for 92.6 percent of the total supply of renewable energy in the first half of the year, the [...]
SEOUL, Jul. 18 (Korea Bizwire) — The total amount of investment in startups reached a record high in the first half of this year largely on the back of policy support, government data showed Thursday. A total of 1.9 trillion won (US$1.6 billion) was invested in startups in the January-June period, up 16.3 percent from [...]