SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s auto exports jumped 16.4 percent on-year in 2022 to a record high on the back of the popularity of local brands in the global market and growing demand for eco-friendly vehicles, the industry ministry said Monday. The value of exported vehicles came to US$54.1 billion last year, [...]
SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s exports of passenger cars rose 15 percent on-year in 2022 to reach a record high, data showed Monday, on the back of robust shipments of eco-friendly models. Carmakers shipped passenger cars worth a combined US$49 billion in 2022, up from $42.6 billion tallied a year earlier, according [...]
SEOUL, Jan. 29 (Korea Bizwire) — South Korean oil refiners’ exports hit a record-high level in 2022, data showed Sunday, on the back of soaring global energy prices amid the protracted war between Russia and Ukraine. The combined exports of local oil refiners reached US$57 billion in 2022, up 71.2 percent from a year earlier, [...]
SEOUL, Jan. 29 (Korea Bizwire) — South Korea’s imports of wine rose 3.8 percent in 2022 from a year earlier, data showed Sunday, as more people enjoyed consuming alcoholic beverages at home amid the COVID-19 pandemic. The total value of wine imported by South Korea last year came to US$581.2 million, according to the data [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Koreans’ consumption of rice hit an all-time low in 2022 due mainly to changes in diet and eating habits, data showed Friday. The average South Korean consumed 56.7 kilograms of rice last year, down 0.4 percent, or 0.2 kilogram, from the previous year, according to the data compiled [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korea’s imports of gas and coal hit an all-time high last year on surging global energy prices, data showed Thursday. The value of gas imports came to US$56.7 billion last year, the highest since 1956 when the government began compiling the related data, according to the Ministry of [...]
SEJONG, Jan. 26 (Korea Bizwire) — The number of babies born in South Korea reached yet another record low in November, data showed Thursday, reflecting the country’s dire population crisis. A total of 18,982 babies were born in November, plunging 4.3 percent from the previous year, according to the data from Statistics Korea. It marked [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korea’s environment-friendly vehicle registrations exceeded 1.5 million last year on growing awareness of environmental issues and economic efficiency, the transport ministry said Thursday. The number of eco-friendly car registrations increased to an accumulated 1.59 million at the end of 2022, accounting for 6.2 percent of the country’s total [...]
SEOUL, Jan. 25 (Korea Bizwire) — The number of South Korean workers who took time off to take care of their children rose 18.6 percent in 2022 from a year earlier on the back of more government support for parental leave, government data showed Monday. A total of 131,087 workers took parental leave to take [...]
SEOUL, Jan. 25 (Korea Bizwire) — South Korea’s imports of kimchi touched an all-time high in 2022 amid galloping consumer inflation in the country, government data showed Wednesday. Inbound shipments of the spicy Korean traditional side dish came to US$169.4 million last year, up 20.4 percent from a year earlier, according to the data from [...]