SEOUL, Feb. 18 (Korea Bizwire) — South Korea’s imports of key consumer goods from Japan fell for the seventh consecutive month in January as a boycott of Japanese goods has dragged out amid their monthslong feud over their shared wartime history, data showed Tuesday. Imports of consumer goods from Japan dipped 35.9 percent from a [...]
SEOUL, Feb. 17 (Korea Bizwire) — The number of foreigners staying in South Korea increased nearly 7 percent last year, topping 2.5 million for the first time, government data showed Monday. According to data released by the Ministry of Justice, 2,524,656 foreigners were residing in the country as of the end of 2019, marking a [...]
JEJU, Feb. 16 (Korea Bizwire) — The amount of land owned by foreigners on South Korea’s southern resort island of Jeju decreased slightly last year, official data showed Sunday. According to the data released by Jeju’s provincial government, foreigners owned 22,548,255 square meters in 14,644 land on Jeju Island as of the end of last [...]
SEOUL, Feb. 15 (Korea Bizwire) – A record 220 million spectators visited movie theaters in South Korea last year, helping a record five films garner more than 10 million viewers each, a report showed Saturday. According to a report on the South Korean movie industry in 2019 published by the Korean Film Council, the country’s [...]
SEOUL, Feb. 13 (Korea Bizwire) — Nearly half of North Korean defectors had experience of engaging in private-sector economic activities back in the communist nation, a poll showed Thursday. According to the poll conducted by the Korean Association of North Korean Studies and Hyundai Research Institute on North Korean defectors, 48 percent said that they [...]
SEOUL, Feb. 13 (Korea Bizwire) — Roughly 25 percent of people who recently earned a Ph.D. in South Korea are unemployed, a recent survey revealed. However, the proportion of graduates who receive relatively high annual salaries has increased slightly. According to a survey conducted by Statistics Korea, of 9,313 new Ph.D. holders in 2019, 25.2 [...]
SEOUL, Feb. 13 (Korea Bizwire) — Korean office workers experience switch jobs 2.5 times on average during their career, a recent report has showed. Among East Asian countries, in particular, South Koreans had the highest willingness to work abroad. Global human resource consulting firm PersolKelly Consulting on Wednesday announced the results of its “APAC Workforce [...]
SEOUL, Feb. 12 (Korea Bizwire) — Sales of toys and functional foods are surging in South Korea as children stay home longer and people pay more attention to their health due to a prolonged new coronavirus scare, industry sources said Wednesday. Online shopping site Auction said its sales of toys for toddlers and children skyrocketed [...]
SEOUL, Feb. 12 (Korea Bizwire) — The number of foreign subscribers to South Korea’s state health insurance program surged in 2019 to top the 1 million mark after the country required long-stay foreigners to sign up for it, data showed Wednesday. According to the data from the National Health Insurance Service (NHIS), there were slightly [...]
SEOUL, Feb. 11 (Korea Bizwire) — About one in three South Korean students sees the Korean Peninsula as not peaceful, a government poll showed Tuesday, apparently reflecting chilled inter-Korean relations and stalemated denuclearization talks. According to the survey of 66,042 students at 598 elementary, middle and high schools across the country during the October-November period [...]