SEOUL, March 24 (Korea Bizwire) — Nearly 7 in 10 foreign buyers think that South Korea’s national brand is having a positive impact on their purchases of products from Asia’s fourth-largest economy, a poll showed Thursday. According to the survey of 213 foreign buyers, 72.9 percent of the respondents replied that their imports of South [...]
SEOUL, March 23 (Korea Bizwire) — The popularity of professional baseball in South Korea is in decline, especially among people in their 20s, the exact demographic that teams are trying to attract, a national poll showed Wednesday. Gallup Korea released results of its survey of 1,004 South Koreans aged 18 or older from March 15-17. [...]
SEOUL, March 23 (Korea Bizwire) — The number of babies born in South Korea inched down in January from a year earlier, data showed Wednesday, highlighting the country’s gloomy demographic situation with the chronically low birthrate. A total of 24,598 babies were born in January, down 1.2 percent from a year earlier and the lowest [...]
SEOUL, March 23 (Korea Bizwire) — More than half of South Koreans are against President-elect Yoon Suk-yeol’s plan to move the presidential office out of Cheong Wa Dae, while some 44 percent support the idea, a poll showed Wednesday. According to the poll of 500 adults, conducted by pollster Realmeter on Tuesday, 53.7 percent said [...]
SEOUL, March 23 (Korea Bizwire) — South Korea’s overseas direct investment hit a record high last year as the global economy recovered from the fallout of the COVID-19 pandemic, data showed Wednesday. The value of investments made by South Korean companies reached US$75.87 billion last year, up 32.8 percent from a year earlier, according to [...]
SEOUL, March 22 (Korea Bizwire) — Card use for settlement in South Korea jumped 9.4 percent last year as consumption rebounded from a pandemic-caused slowdown and people reduced reliance on hard currency, central bank data showed Tuesday. The daily average settlement made through credit card and other card services came to 2.76 trillion won (US$2.26 [...]
SEOUL, March 22 (Korea Bizwire) — About 58 percent of South Koreans are against President-elect Yoon Suk-yeol’s plan to move the presidential office out of Cheong Wa Dae, while some 33 percent support the idea, a poll showed Tuesday. According to the poll of 1,018 adults, conducted by pollster Mediatomato on Saturday and Sunday, 58.1 [...]
SEOUL, March 21 (Korea Bizwire) — South Korea’s imports of coffee surged more than 24 percent to hit a new all-time high in 2021 on its growing popularity here, data showed Monday. The value of the country’s coffee imports stood at US$916.5 million last year, up 24.2 percent from the previous year, according to the [...]
SEOUL, March 19 (Korea Bizwire) — South Korea ranked 59th among 146 countries in a U.N.-sponsored world happiness index. The Sustainable Development Solutions Network under the United Nations announced the 2022 World Happiness Report on Friday (local time). Finland topped the list for the fifth consecutive year, followed by Denmark, Switzerland and Iceland. South Korea [...]
SEOUL, March 17 (Korea Bizwire) — The number of stock investors in South Korea spiked more than 50 percent on-year in 2021 to breach the 10 million mark amid a retail investment boom, industry data showed Thursday. A total of 13.84 million investors held shares in 2,426 companies listed on the country’s main and secondary [...]