SEOUL, March 9 (Korea Bizwire) — The United States accounted for more than half of the South Korean market for imported beef last year, data showed Monday, widening the gap with its top rival, Australia. South Korea imported 235,716 tons of U.S. beef in 2019, 53 percent of the total beef imports, according to the [...]
SEOUL, March 8 (Korea Bizwire) — The number of passengers on public transportation in the capital city of Seoul tumbled more than 30 percent in the first week of this month from two months earlier amid the coronavirus outbreak in the country, data showed Sunday. According to the data by the Seoul Metropolitan Government, the [...]
SEOUL, March 8 (Korea Bizwire) — The number of traffic fatalities in South Korea fell 11.4 percent last year from a year earlier, data showed Sunday. A total of 3,349 people died from car accidents in 2019, down from 3,781 tallied a year earlier, according to data compiled by the land and transport ministry and [...]
SEOUL, March 7 (Korea Bizwire) — More than one in three employees at South Korea’s sports-related organizations have suffered workplace harassment, such as verbal abuse, the nation’s human rights watchdog said Saturday, citing its recent poll. According to the National Human Rights Commission of Korea (NHRCK), its poll of 1,378 employees at three major sports [...]
SEOUL, March 6 (Korea Bizwire) — Some 8 out of 10 South Korean companies said they have difficulty maintaining proper staffing due to the high rate of early resignation of members of the millennial generation. According to a survey conducted by online job portal Saramin of 356 companies that hired new employees in the past [...]
SEOUL, March 5 (Korea Bizwire) — Companies that have introduced blind recruitment policies generally seem to be satisfied with the results. According to a recent survey of 554 people in charge of human resources conducted by job search portal JobKorea, 42 percent of companies that introduced blind recruitment said they were satisfied with the hiring [...]
SEOUL, March 5 (Korea Bizwire) — The amount of daily financial transactions using credit cards and electronic means continued to grow last year while the use of checks and promissory notes continued to dwindle, central bank data showed Thursday. The value of daily financial transactions using non-cash payment methods, including remittance services, came to 81.4 [...]
SEJONG, March 4 (Korea Bizwire) — Online sales of face masks and hand sanitizers spiked in January due to the new coronavirus outbreak, despite a slowdown in overall online shopping, government data showed Wednesday. Purchases of face masks and other miscellaneous items made via computers, smartphones and tablets soared 57 percent on-year to 443 billion [...]
SEOUL, March 4 (Korea Bizwire) — Nearly two-thirds of foreign firms in South Korea expect their sales to drop due to the spread of the novel coronavirus, a poll showed Wednesday. The survey of 150 foreign-invested corporations showed 67.3 percent of the respondents anticipating a decline in their shipments due to the fast-spreading epidemic. The [...]
SEOUL, March 4 (Korea Bizwire) — Foreign selling of South Korean stocks skyrocketed in February as investors rushed to pull out of emerging markets amid the coronavirus scare, data showed Wednesday. Offshore investors sold a net US$3 billion worth of South Korean stocks last month, compared with net selling of $165 million a month earlier, [...]