SEOUL, Sept. 30 (Korea Bizwire) — The image of the Demilitarized Zone separating South and North Korea is associated more with war this year than last year, a local research institute said, as the inter-Korean peace process has stalled. The Gyeonggi Research Institute, a think tank run by the government of Gyeonggi Province, said that [...]
SEOUL, Sept. 29 (Korea Bizwire) — Retail sales in South Korea moved up 6.6 percent in August from a year earlier due to a sharp rise in online sales amid the new coronavirus pandemic, data showed Tuesday. The combined sales of 26 major offline and online retailers reached 11.9 trillion won (US$10 billion) last month, [...]
SEOUL, Sept. 28 (Korea Bizwire) — South Korea’s internet banking services continued to grow in the first half, with the number of users and daily transactions rising to new highs, central bank data showed Monday. The number of internet banking, including mobile banking, came to 164.8 million as of end-June, up 3.5 percent from six [...]
SEOUL, Sept. 28 (Korea Bizwire) — South Korea’s population is rapidly aging as people aged 65 or older account for nearly 16 percent of its population, government data showed Monday. South Koreans in the age group stood at 8.13 million this year, or 15.7 percent of the country’s population, according to the data from Statistics [...]
SEOUL, Sept. 27 (Korea Bizwire) — Insurance agents made up the biggest portion of workers who received emergency relief payouts from the government amid the new coronavirus pandemic, data showed Sunday. Of around 500,000 virus-hit workers and businesspeople who received the government’s relief money, about 87,000 of them were insurance agents, according to the data [...]
SEOUL, Sept. 26 (Korea Bizwire) — Three in four Seoul citizens don’t have any plans to visit their hometowns or travel long distances during the Chuseok holiday due mainly to fears of coronavirus transmission, a poll showed Saturday. In the survey of 849 citizens aged 18 or older, 56.8 percent said they have no plans [...]
SEOUL, Sept. 25 (Korea Bizwire) — Sales of imported commercial vehicles in South Korea rose 2.3 percent last month from a year earlier on robust sales of Mercedes-Benz trucks, an industry association said Friday. The number of newly registered imported commercial vehicles rose to 318 units in August from 311 a year ago, the Korea [...]
SEOUL, Sept. 25 (Korea Bizwire) — The number of new real estate agencies in South Korea fell more than 11 percent in August amid a nationwide tumble in housing transactions, data showed Friday. A total of 1,302 estate agencies newly opened across the nation last month, down 11.3 percent from the previous month, according to [...]
SEOUL, Sept. 24 (Korea Bizwire) — Some 91 percent of South Korean workers who are working from home amid new coronavirus concerns said they are satisfied with the alternative, a government poll showed Thursday. The survey of 878 workers showed that 60.5 percent were mostly satisfied with working from home, while 30.8 percent said they [...]
SEOUL, Sept. 24 (Korea Bizwire) — South Korean moviegoers feel less concerned about possible coronavirus infections at cinemas due to tightened social distancing rules, a survey showed Thursday. Three major multiplex chains, CGV, Lotte Cinema and Megabox, conducted a joint poll on 1,746 people who went to cinemas from Sept. 12-13, asking whether they feel [...]