SEOUL, April 8 (Korea Bizwire) — South Korea’s exports of gold surged to over a seven-year high in February as demand for safer assets increased amid a market rout triggered by the new coronavirus, the Bank of Korea (BOK) said Wednesday. Outbound shipments of gold for non-monetary use came to some US$290 million in the [...]
SEOUL, April 6 (Korea Bizwire) — More South Korean people dined out and visited outlets and parks over the weekend, although the country has been preaching a strict social distancing campaign to curb the outbreak of the new coronavirus, data showed on Monday. According to mobile big data collected by health authorities, people’s movement rose [...]
SEOUL, April 6 (Korea Bizwire) — The South Korean online movie streaming service market expanded 32.7 percent last year from a year earlier on the back of rising demand for binge-watchable mobile platforms, a report showed Monday. According to the annual report published by the Korean Film Council (KOFIC), the total revenue of the over-the-top [...]
SEOUL, April 6 (Korea Bizwire) — The number of moviegoers dropped to a record low over the weekend as lingering fears of the novel coronavirus keep people staying at home, data showed Monday. A total of 80,180 people went to cinemas on Saturday and Sunday, down sharply from a combined 86,274 tallied a week earlier, [...]
SEOUL, April 5 (Korea Bizwire) — Exports of sanitary goods such as hand sanitizers and coronavirus test kits surged last month in line with growing demand from overseas for such Korean-made goods, data showed on Sunday. According to the data compiled by the trade ministry, outbound shipments of hand sanitizers surged sevenfold to reach US$5.69 [...]
SEOUL, April 5 (Korea Bizwire) — The number of air passengers in South Korea fell to a record low last month due to the novel coronavirus pandemic, data showed Sunday, as countries around the globe impose lockdowns and restrict travel and people shun travel. The number of air passengers stood at 1.74 million in March, [...]
SEOUL, April 5 (Korea Bizwire) — A majority of employees at call centers in South Korea still feel their workplaces aren’t properly protected from coronavirus infection, a survey showed Sunday, despite government guidelines announced last month in the wake of a cluster infection at a Seoul call center. In a survey by Workplace Gapjil 119 [...]
SEOUL, April 3 (Korea Bizwire) — The total value of online shopping in South Korea soared nearly 25 percent in February from a year earlier, data showed Friday, as more people refrained from going outside amid the coronavirus pandemic. Total online transactions reached 11.9 trillion won (US$9.67 billion) in the month, up 24.5 percent from [...]
SEOUL, April 3 (Korea Bizwire) – Sales of imported vehicles in South Korea rose 12 percent in March from a year earlier, while Japanese brands continued to struggle with weaker demand due to trade tensions with Seoul, an industry association said Friday. The number of newly registered foreign vehicles rose to 20,304 units last month [...]
SEOUL, April 2 (Korea Bizwire) — Reflecting growing public concerns over the new coronavirus that has infected nearly 10,000 in South Korea, a poll showed Thursday that residents in Seoul want tightened measures to prevent more cluster infections in such facilities as churches, karaoke rooms and gyms. Some 71 percent of respondents said the central [...]