SEOUL, Nov. 6 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. ranked fourth in global electrified vehicle sales last year, helped by increased exports, industry data showed Friday. Hyundai and Kia sold a combined 350,000 electrified models in global markets in 2019, up 25 percent from a year earlier, the Korea [...]
SEJONG, Nov. 5 (Korea Bizwire) — The proportion of babies born to multicultural families out of all childbirths in South Korea reached an all-time high in 2019 due to the country’s low birthrate, government data showed Thursday. The number of babies born to multicultural married couples came to 17,939 last year, down 0.8 percent from [...]
SEOUL, Nov. 4 (Korea Bizwire) — Nearly nine in 10 South Koreans regard authorities’ restrictions on rallies and demonstrations not as a breach of freedom of expression but as an essential measure for the containment of the coronavirus pandemic, a poll showed Wednesday. According to the poll of 1,000 citizens conducted online by the Korea [...]
SEJONG, Nov. 4 (Korea Bizwire) — Online shopping in South Korea soared to a new high in September due to the coronavirus pandemic and the Chuseok holiday, data showed Monday, The value of online transactions stood at 14.72 trillion won (US$12.9 billion) in the month, up 30.7 percent from a year earlier, according to the [...]
SEOUL, Nov. 4 (Korea Bizwire) — Sales of imported vehicles in South Korea rose 9.8 percent in October from a year earlier due to strong demand for German cars, an industry association said Wednesday. The number of newly registered foreign vehicles climbed to 24,257 units last month from 22,101 a year earlier despite the COVID-19 [...]
SEOUL, Nov. 3 (Korea Bizwire) — South Koreans are estimated to have spent over 50 billion minutes on YouTube in September amid the pandemic, a 20 percent jump from a year earlier, data showed Tuesday. Mobile app tracker Wiseapp said the video streaming application was the application most used by the country’s 33.7 million Android [...]
SEOUL, Nov. 3 (Korea Bizwire) — Payments made with cards in South Korea grew at a slower pace in the first nine months of the year from a year earlier as consumer spending remained tepid amid the new coronavirus outbreak, central bank data showed Tuesday. Spending made with credit, debit and prepaid cards reached a [...]
SEOUL, Nov. 2 (Korea Bizwire) — Subcontractors and freelancers saw their incomes drop by an average of 69.1 percent in the early days of the coronavirus pandemic, government data showed Monday. The labor ministry said it conducted a partial survey of the nearly 1.7 million workers who received emergency employment relief funds from the state [...]
SEOUL, Nov. 2 (Korea Bizwire) — The cumulative number of asylum applications filed in South Korea topped 70,000 for the first time, government data showed Monday. According to the data from the Korea Immigration Service, there were 70,254 asylum seekers here from 1994, when the government began to compile relevant data, to August this year. [...]
SEOUL, Nov. 2 (Korea Bizwire) — The number of agencies for overseas trips in South Korea sank to a near four-year low this year due to travel restrictions caused by the coronavirus pandemic, data showed Monday. South Korea had 8,963 international travel agencies as of the end of September, down 5.3 percent, or 503, from [...]