SEOUL, May 19 (Korea Bizwire) — South Korean listed companies’ profits almost halved in the first quarter of the year, data showed Tuesday, an apparent fallout from the new coronavirus outbreak. The combined net profit of 592 nonfinancial companies listed on the main bourse came to 11.03 trillion won (US$8.99 billion) in the January-March period, [...]
SEOUL, May 19 (Korea Bizwire) — The number of South Korean air travelers fell to the lowest level in more than two decades in April due to entry restrictions and lower demand amid the coronavirus pandemic, industry data showed Tuesday. The number of air passengers on domestic and international routes here plunged to 1.35 million [...]
SEOUL, May 19 (Korea Bizwire) — South Korea’s exports of cultural goods jumped nearly 10 percent on-year in 2018, led by games and character intellectual property (IP), a government survey showed Tuesday. The combined overseas sales in 11 culture and entertainment sectors reached about US$9.62 billion, up 9.1 percent from 2017, according to the annual [...]
SEOUL, May 18 (Korea Bizwire) — More residents in South Korea’s capital appeared to be concerned about the new coronavirus pandemic lasting longer here following the recent outbreak traced to nightspots in Itaewon, a poll showed Monday. A combined 53.3 percent of respondents in a recent survey projected the pandemic would end in December or [...]
SEOUL, May 18 (Korea Bizwire) — The number of jobless South Koreans hit a record high in the first four months of the year due mainly to the coronavirus impact, a report showed Monday. Roughly 2.08 million people in the country remained unemployed during the January-April period, according to the report from Rep. Choo Kyung-ho [...]
SEOUL, May 17 (Korea Bizwire) — South Korea’s major business groups increased their spending by 22 percent in the first quarter of the year in the face of the new coronavirus outbreak, industry data showed Sunday. According to the data compiled by industry tracker CEO Score, 373 companies affiliated with 59 business groups spent 21.78 [...]
SEOUL, May 17 (Korea Bizwire) — The number of moviegoers fell to a record low last month as the coronavirus scare has kept people from going to cinemas, data showed Saturday. A total of 970,000 movie tickets were sold in April, plunging 92.7 percent from 13.3 million tallied a year ago, according to data from [...]
SEJONG, May 15 (Korea Bizwire) — South Korea saw a 42-percent plunge in public movement in late February, as the novel coronavirus was ravaging the nation, mobile phone data showed Friday. Public movement sank 41.9 percent on Feb. 29, when the nation reported more than 900 daily infections, compared with the same day a year [...]
SEJONG, May 13 (Korea Bizwire) — South Korea reported the sharpest drop in its April employment since 1999 as the coronavirus pandemic hammered job markets, data showed Wednesday. The number of employed people in South Korea stood at 26.56 million in April, 476,000 people fewer than a year ago, marking the biggest on-year decline since [...]
SEOUL, May 12 (Korea Bizwire) – The number of abandoned animals in South Korea climbed 12 percent on-year to more than 130,000 in 2019 with dogs taking up the bulk, government data showed Tuesday. A total of 135,791 dogs, cats and other pets got deserted or lost last year, compared with 121,077 a year earlier, [...]