SEOUL, Feb. 8 (Korea Bizwire) — South Korea’s exports of kimchi reached a new all-time high in 2020 thanks to its popularity amid the coronavirus pandemic, data showed Monday. Overseas shipments of kimchi came to US$144.51 million last year, up 37.6 percent from a year earlier, according to the data from the Korea Customs Service [...]
SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s major listed firms’ cash dividends shot up 60 percent in 2020 from a year earlier, led mostly by top market cap Samsung Electronics, data showed Sunday. The combined amount of dividends handed out by 124 listed firms surveyed in 2020 reached 30.2 trillion won (US$26.8 billion), rising [...]
SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s exports of cosmetics shot up 16 percent in 2020 from a year earlier, data showed Sunday, on the back of the growing demand from the United States and Asian countries. Outbound shipments of cosmetics reached US$7.57 billion last year, according to the data compiled by the Korea [...]
SEOUL, Feb. 7 (Korea Bizwire) — Last month’s ultrafine dust density was the lowest for January since record keeping began in 2015, the environment ministry said Sunday. The average PM 2.5 reading across the country was 20 micrograms per cubic meter, down from 26 micrograms per cubic meter in January 2020, the ministry said, referring [...]
SEOUL, Feb. 5 (Korea Bizwire) – South Korea’s exports of sauces reached an all-time high in 2020 as more people enjoyed cooking at home around the globe amid the new coronavirus pandemic, data showed Friday. Outbound shipments of sauces rose 25.8 percent on-year in 2020 to reach $301.7 million, according to the data compiled by [...]
SEOUL, Feb. 4 (Korea Bizwire) — People in Seoul spent less time working than usual and more time on media during the coronavirus pandemic in 2020, a city government survey showed Thursday. According to the online survey of 1,000 Seoul citizens aged 18 to 69, people worked an average of 5 hours and 19 minutes [...]
SEOUL, Feb. 4 (Korea Bizwire) — Over 30 percent of South Koreans experienced online violence either as a victim or an abuser last year, according to a survey by the country’s media regulator Thursday. The Korea Communications Commission (KCC) said 32.7 percent responded that they had experienced online violence last year in a survey of [...]
SEOUL, Feb. 3 (Korea Bizwire) — Online shopping in South Korea hit a fresh record high in December as more people purchased products via e-commerce platforms amid tougher virus curbs caused by the pandemic, data showed Wednesday. The value of online transactions stood at 15.9 trillion won (US$14.2 billion) in December, up 26.1 percent from [...]
SEOUL, Feb. 3 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 27 percent in January from a year earlier on robust sales of German cars, an industry association said Wednesday. The number of newly registered foreign vehicles climbed to 22,321 units last month from 17,640 a year ago despite the COVID-19 pandemic, [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s outbound shipments of pet food products soared 83.5 percent in 2020 from a year earlier on strong demand from the Asia region, data showed Wednesday. Exports of pet food products reached US$67.4 million last year, jumping from $36.7 million in 2019, according to data by the Ministry [...]