SEOUL, July 6 (Korea Bizwire) — Tourist arrivals in South Korea nose-dived 99.5 percent in May due to global travel restrictions amid the coronavirus pandemic, data showed Monday. The data from the state-run Korea Tourism Organization (KTO) showed a mere 6,111 foreign tourists visited South Korea in May, compared with over 1.23 million a year [...]
SEOUL, July 5 (Korea Bizwire) — The number of South Korean international air travelers dipped nearly 98 percent in the second quarter from a year earlier due to entry restrictions and lower demand amid the new coronavirus pandemic, data showed Sunday. The number of air passengers on international routes by local air carriers plunged to [...]
SEOUL, July 4 (Korea Bizwire) — Due to coronavirus-related travel restrictions, the number of foreign arrivals in South Korea again nose-dived nearly 98 percent in May, reaching slightly over 30,000, official data showed Saturday. According to the Korea Tourism Organization (KTO), 30,861 foreigners visited South Korea in May, down 97.9 percent from the same month [...]
SEJONG, July 3 (Korea Bizwire) — Online shopping jumped 13.1 percent from a year earlier in May, data showed Friday, as the coronavirus pandemic prompted more consumers to buy goods via e-commerce platforms. The value of online transactions came to 12.72 trillion won (US$10.59 billion) in the month, up 1.46 trillion won from the same [...]
SEOUL, July 3 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 41 percent in June from a year earlier on tax cuts and new models, an industry association said Friday. The number of newly registered foreign vehicles rose to 27,350 units last month from 19,386 a year earlier, the Korea Automobile Importers [...]
SEOUL, July 2 (Korea Bizwire) — The number of Chinese tourists to South Korea fell by more than 30 percent in the 2017-2020 period from three years earlier due to a bilateral diplomatic row, data showed Thursday. The monthly average number of Chinese tourists in South Korea reached 380,000 during the three-year period starting in [...]
SEOUL, July 2 (Korea Bizwire) — South Korea said Thursday its exports of agricultural goods and foodstuffs advanced 4.4 percent on-year in the first six months of 2020 as the global new coronavirus pandemic has sparked higher demand for processed products. The country’s outbound shipments of agricultural products and foodstuffs reached US$3.6 billion in the [...]
SEOUL, July 1 (Korea Bizwire) — South Korea’s vehicle sales fell 22 percent in the January-June period from a year earlier, as the new coronavirus outbreak continued to affect the automobile industry, industry data showed Wednesday. The five carmakers in South Korea — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors [...]
SEOUL, July 1 (Korea Bizwire) — The number of North Korean defectors coming into South Korea recorded an all-time low in the second quarter this year due to the new coronavirus, the unification ministry said Wednesday. According to the ministry, 12 defectors were estimated to have entered the country from April to June this year, [...]
SEOUL, June 30 (Korea Bizwire) — The number of new 5G subscribers rose by a record high in May for this year, with total network users reaching just under 6.9 million, official data showed Tuesday. The latest findings showed 5G subscribers increasing by 536,997 in May compared to the month before, exceeding the previous monthly [...]