SEOUL, Oct. 5 (Korea Bizwire) — Dividend income earned by South Koreans under the age of 18 has more than doubled over the past four years amid a trend of early gifts among rich people, government data showed Monday. Underage shareholders in the country posted a combined dividend income of around 265 billion won (US$227 [...]
SEOUL, Oct. 5 (Korea Bizwire) — The number of abandoned animals in South Korea passed the 130,000 mark in 2019 amid a decline in animal shelters, government data showed Monday. A total of 135,791 dogs, cats and other pets got deserted or lost last year, compared with 121,077 a year earlier, according to the data [...]
SEOUL, Oct. 4 (Korea Bizwire) — The number of international visitors to South Korea plummeted by more than 70 percent during the first half of 2020 due to the COVID-19 pandemic, according to a lawmaker Sunday. The number of inbound foreign travelers during the January-June period reached 2.14 million, marking a 74.7 percent plunge compared [...]
SEOUL, Oct. 4 (Korea Bizwire) — Hyundai Motor Group emerged to become the world’s fourth-largest player in terms of global sales of electric vehicles (EVs) over the first seven months of 2020, data showed Sunday. South Korea’s top automotive group saw its combined sales of electric vehicles advance 25 percent on-year to reach 60,707 over [...]
SEOUL, Oct. 4 (Korea Bizwire) — Overall school violence has been on a steady decline in recent years, but the number of juvenile sex offenders has spiked significantly, police data showed on Sunday. The number of teenagers arrested for acts of school violence totaled 13,584 last year, marking a decrease of 3 percent from 14,000 [...]
SEOUL, Oct. 3 (Korea Bizwire) — The number of South Korean teens suffering from gambling addiction exploded at an alarming rate over five years from 2015, according to an opposition lawmaker Saturday. According to data from the state-run Korea Center on Gambling Problems, which was released by Rep. Bae June-young of the main opposition People [...]
SEOUL, Oct. 2 (Korea Bizwire) — Retail sales of Hyundai Motor Co. in the United States rose 7 percent in the third quarter from a year earlier on rising demand for its sport utility vehicles (SUVs), the carmaker’s U.S. unit said Friday (Korean time). Hyundai sold a total of 170,838 units stateside in the July-September [...]
SEOUL, Oct. 1 (Korea Bizwire) — Online ads for unauthorized pharmaceutical sales over the internet have increased substantially in recent years, according to a lawmaker Thursday. The number of reported cases of illegal online ads for prescription drugs reached 37,343 as of 2019, up 49.8 percent from 2016, Rep. Ko Young-in of the ruling Democratic [...]
SEOUL, Sept. 30 (Korea Bizwire) — South Koreans’ direct purchases from overseas online malls more than doubled in the past five years in terms of value, a ruling party lawmaker said Wednesday. Rep. Park Hong-geun of the ruling Democratic Party said the number of Koreans’ overseas online direct buying jumped to 42.99 million in 2019 [...]
SEOUL, Sept. 30 (Korea Bizwire) — Four out of 10 Seoul residents believe their mental health has deteriorated due to the coronavirus outbreak, a poll showed Wednesday. In the poll of 3,983 citizens in their teens to 80s, 40 percent, or 1,489, said their mental health has worsened since the COVID-19 outbreak erupted early this [...]