SEOUL, Dec. 7 (Korea Bizwire) — More than one out of four instructors at private institutes lost their jobs during the course of the new coronavirus pandemic, predominantly without unemployment benefits, a survey showed Monday. In an online survey on the effect of COVID-19 on 500 instructors released by Gabjil 119, a workers’ advocacy group, [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea’s imports of Japanese beer spiked in October from a year earlier due to stepped-up marketing activities amid a weaker local boycott of goods from the neighboring country, data showed Monday. Seoul brought in US$370,000 worth of Japanese beer in October, up a whopping 873.7 percent from the [...]
SEOUL, Dec. 4 (Korea Bizwire) — The number of working mothers with underage children fell by the most during the six-month period ending in April as the job market remained sluggish amid the new coronavirus outbreak, data showed Friday. The number of working mothers with children aged under 18 reached 2.67 million as of end-April, [...]
SEOUL, Dec. 4 (Korea Bizwire) — Foreign ownership of South Korean land rose 1.2 percent in the first half of 2020 from the end of 2019, the land ministry said Friday. Foreigners owned 251.6 square kilometers — slightly more than four times the size of Manhattan — at the end of June. It represents 0.25 [...]
SEOUL, Dec. 3 (Korea Bizwire) — The number of moviegoers nationwide fell more than 20 percent in November as the third wave of mass coronavirus infections swept across the country, data showed Thursday. A total of 3.6 million people went to theaters last month, down 22 percent from 4.63 million tallied in October, according to [...]
SEOUL, Dec. 3 (Korea Bizwire) — Online shopping in South Korea grew 20 percent in October from a year earlier as the new coronavirus outbreak prompted people to buy goods via e-commerce platforms, data showed Thursday. The value of online transactions stood at 14.2 trillion won (US$12.9 billion) in October, compared with 11.9 trillion won [...]
SEOUL, Dec. 3 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 7.5 percent in November from a year earlier due to strong demand for German cars, an industry association said Thursday. The number of newly registered foreign vehicles climbed to 27,436 units last month from 25,514 a year earlier despite the COVID-19 [...]
SEOUL, Dec. 2 (Korea Bizwire) — Payments made with cards in South Korea grew more than 5 percent in October amid the new coronavirus outbreak, industry data showed Wednesday. Spending made with credit, debit and prepaid cards came to 77.3 trillion won (US$69.7 billion) in October, up 5.4 percent from a year earlier, according to [...]
SEOUL, Dec. 1 (Korea Bizwire) — About 40 percent of parcel delivery drivers in South Korea work more than 14 hours a day during peak seasons, government data showed Tuesday. The labor ministry released its study on the work conditions and health of couriers following a recent series of deaths of workers apparently from overwork. [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korean carmakers’ sales fell 5 percent last month from a year earlier as the coronavirus outbreak continued to sap demand around the globe, industry data showed Tuesday. The five carmakers in South Korea — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and [...]