SEOUL, Nov. 2 (Korea Bizwire) — South Korea’s 5G subscribers exceeded 9 million in September, data showed Monday. The number of 5G subscribers stood at 9.25 million as of the end of September, up 590,643 from the previous month, according to data from the Ministry of Science and ICT. The latest figure accounted for 13.2 [...]
SEOUL, Nov. 2 (Korea Bizwire) – South Korean carmakers’ sales fell 1 percent last month from a year earlier as the coronavirus outbreak continued to affect the automobile industry, industry data showed Monday. The five carmakers in South Korea — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong [...]
SEJONG, Oct. 30 (Korea Bizwire) — Sales of cigarettes in South Korea rose 5.6 percent on-year in the first nine months of this year, data showed Friday, thanks to robust sales of traditional cigarettes. South Korean smokers purchased 2.75 billion 20-cigarette packs in the January-September period, compared with 2.6 billion packs in the same period [...]
SEOUL, Oct. 30 (Korea Bizwire) – The new coronavirus pandemic has had a more negative impact on the employment of women than that of men in South Korea, data showed Friday. The number of employed women stood at 11.58 million last month, down 2.4 percent from 11.87 million a year earlier, according to a report [...]
SEOUL, Oct. 29 (Korea Bizwire) — The number of people working in the restaurant and hotel sectors dropped by 165,000 last month from a year earlier due to a resurgence of the coronavirus, government data showed Thursday. The Ministry of Employment and Labor said the number of people employed in facility management, which includes the [...]
SEOUL, Oct. 29 (Korea Bizwire) — The number of foreigners residing in South Korea exceeded 2.22 million as of November last year, marking an on-year increase of about 8 percent, government data showed Thursday. According to the data released by the Ministry of the Interior and Safety, 2,216,612 foreigners were registered as residents nationwide, accounting [...]
SEJONG, Oct. 29 (Korea Bizwire) — Debt held by the self-employed grew 4.7 percent in 2018, as their income fell amid the economic slowdown, raising concerns about their capacity to service debt, data showed Thursday. Average bank loans extended to a self-employed person amounted to 164 million won (US$144,000) as of end-2018, compared with 156 [...]
SEOUL, Oct. 28 (Korea Bizwire) — South Korea’s exports of air purifiers and other home cleaning appliances spiked in the first nine months of the year amid the coronavirus pandemic, data showed Wednesday. Outbound shipments of air purifiers shot up nearly 60 percent on-year to US$157 million in the January-September period, according to the data [...]
SEOUL, Oct. 27 (Korea Bizwire) – The new coronavirus pandemic has had a negative impact on children’s nutritional intake and other aspects of welfare, a survey by a nongovernmental group showed Tuesday. A survey by Seoul-based charity group Good Neighbors, conducted in June on 6,750 children from age 4-18 and their parents, showed that the [...]
SEOUL, Oct. 27 (Korea Bizwire) — Corporate ownership of land in South Korea has been on a steady rise in recent years amid rising criticism of conglomerates’ real estate investment, government data showed Tuesday. South Korean companies owned 6.953 square kilometers of land in 2019, up 1.7 percent from a year earlier, according to the [...]