SEOUL, Dec. 24 (Korea Bizwire) — Sales of imported commercial vehicles in South Korea fell 23 percent in November from a year earlier amid the extended COVID-19 pandemic, an industry association said Friday. The number of newly registered imported commercial vehicles declined to 360 units last month from 468 a year ago, the Korea Automobile [...]
SEOUL, Dec. 23 (Korea Bizwire) — More than 6 out of 10 workers at big and medium-sized companies think the country’s public sector is heavily corrupt, a survey showed Thursday. In the survey of 1,000 workers, conducted by the Korea Institute of Public Administration, 61.9 percent said that corruption in the public sector is serious, [...]
SEOUL, Dec. 23 (Korea Bizwire) — Turnover of South Korea’s main bourse plumbed a 19-month low in December as retail investors flee stocks for higher returns, data showed Thursday. The average daily turnover of the KOSPI market stood at slightly over 10 trillion won (US$8.39 billion) for 16 trading sessions till Wednesday, according to the [...]
SEOUL, Dec. 21 (Korea Bizwire) — More than half of South Koreans aged between 40 and 64 held debt last year as more people took out loans to buy homes amid skyrocketing housing prices, data showed Tuesday. The data by Statistics Korea showed that 56.5 percent of people in the age group borrowed money from [...]
SEOUL, Dec. 21 (Korea Bizwire) — The number of South Korean workers who took time off to take care of their children rose 3.7 percent in 2020 from a year earlier amid more government support for parental leave, government data showed Tuesday. A total of 169,345 workers took parental leave to take care of their [...]
SEOUL, Dec. 21 (Korea Bizwire) — The number of foreign workers in South Korea rebounded this year after two consecutive years of decline as the job market has recovered amid the economic recovery, data showed Tuesday. The number of foreign workers came to 855,000 as of May, up 7,000 or 0.9 percent from the previous [...]
SEOUL, Dec. 21 (Korea Bizwire) — North Korean leader Kim Jong-un is the third most searched politician by internet users worldwide this year, data showed Tuesday. Online searches for Kim totaled a monthly average of 1.9 million, behind U.S. President Joe Biden, who topped the list with 7 million searches, and British Prime Minister Boris [...]
SEOUL, Dec. 20 (Korea Bizwire) — Slightly over 70 percent of South Koreans approve of toughened social distancing measures to stem the resurgence of COVID-19, a poll showed Monday. In the poll of 1,000 adults nationwide organized by multiple civic groups, 71.3 percent supported the government’s decision to halt the “living with COVID-19″ scheme this [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korea’s video game market expanded more than 20 percent on-year to rank fourth in the world last year on the back of stellar growth in online games, a report showed Monday. The country’s video game market posted 18.9 trillion won (US$15.9 billion) in sales last year, up 21.3 [...]
SEOUL, Dec. 20 (Korea Bizwire) — Output and exports of South Korea’s bio industry expanded at the fastest clip ever in 2020 amid the coronavirus pandemic, data showed Monday. Output of the local bio industry was estimated at 17.5 trillion won (US$14.7 billion) last year, up 38.2 percent from the previous year, according to the [...]