SEOUL, Sept. 18 (Korea Bizwire) — South Korea said Friday the number of beachgoers plummeted 60 percent in 2020 from a year earlier, as the country limited the number of visitors to prevent the spread of the new coronavirus. The number of beachgoers this year came to 26.8 million, compared to 67.6 million posted a [...]
SEOUL, Sept. 17 (Korea Bizwire) — About 8 out of every 10 South Koreans support the idea of stronger punishment for passengers who overlook and abet those driving under the influence, a poll showed Thursday. A total of 83.4 percent of 500 people aged 18 or above, surveyed by polling company Realmeter, expressed support for [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korea’s carbon dioxide concentration rate exceeded the global average last year, a report showed Thursday, raising concerns over climate change. The annual carbon dioxide concentration rate in South Korea averaged 417.9 parts per million (ppm) last year, compared with the global average of 409.8 ppm, according to the [...]
SEOUL, Sept. 17 (Korea Bizwire) — The number of film productions in South Korea decreased more than 20 percent in the first eight months of this year due to the protracted novel coronavirus pandemic, a report showed Thursday. A total of 18 films were shot from January through August, down 22 percent from 23 over [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s exports of coronavirus test kits rebounded in August as the world grappled with a resurgence of the novel coronavirus, data showed Wednesday. In the first 20 days of August, exports of virus test kits stood at US$106 million, compared with $123 million in July. Exports of virus [...]
SEJONG, Sept. 16 (Korea Bizwire) — Lottery sales in South Korea hit a 15-year high in the first half of the year amid the economic fallout from the coronavirus pandemic, government data showed Wednesday. Sales of lottery tickets were tallied at 2.6 trillion won (US$2.2 billion) in the January-June period, up 11.1 percent from a [...]
SEOUL, Sept. 14 (Korea Bizwire) – The value of daily money transfers via mobile payment apps in South Korea rose 20.3 percent in the first half from six months earlier as online financial transactions increased amid the new coronavirus outbreak, central bank data showed Monday. The value of daily money transfers via smartphone apps, such [...]
SEOUL, Sept. 14 (Korea Bizwire) – South Korean investors have poured a huge amount of money into initial public offerings (IPO) this year amid ample liquidity, industry sources said Monday. Investor deposits for IPO subscription in Asia’s fourth-largest economy came to 150.9 trillion won (US$134 billion) between January and last week, about 1.5 times the [...]
SEOUL, Sept. 11 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in August as they locked in profits following a bull run in the local stock market amid economic recovery hopes, the central bank said Friday. Foreigners sold a net US$890 million worth of local stocks last month, a turnaround from [...]
SEOUL, Sept. 11 (Korea Bizwire) — South Korea’s jet fuel consumption tumbled nearly 40 percent in the first half of the year as the coronavirus pandemic caused air travel demand to hit the skids, data showed Friday. Consumption of jet fuel in Asia’s fourth-largest economy came to 11.6 million barrels in the January-June period, down [...]