SEOUL, April 21 (Korea Bizwire) — South Korean carmakers’ global market share inched down in 2022 from a year earlier due largely to weaker sales in China and Russia, industry data showed Friday. Local automakers accounted for 7.3 percent of vehicle sales in the world’s eight major markets last year, down from 7.7 percent in [...]
SEOUL, April 20 (Korea Bizwire) — The number of broiler chickens and ducks raised in South Korea fell in the first quarter of 2023 from a year earlier, data showed Thursday, following the outbreak of avian influenza. South Korean farms raised 88.85 million broilers in the January-March period, down 1.3 percent from the previous year, [...]
SEOUL, April 19 (Korea Bizwire) — The number of South Koreans in the agrofisheries sector fell in 2022 from a year earlier, data showed Wednesday, reflecting the rapidly aging population. The number of households in the farming business totaled 1.02 million in 2022, down 0.8 percent from the previous year, according to the data compiled [...]
SEOUL, April 19 (Korea Bizwire) — The market value of listed firms in South Korea swelled nearly 14 percent in the first quarter of 2023, with Samsung Electronics Co. retaining its top-cap status, a corporate tracker said Wednesday. The market capitalization of 2,558 companies listed on the country’s main and secondary bourses came to 2,291 [...]
SEOUL, April 18 (Korea Bizwire) — The number of jobs supplied by restaurants and bars rose on-year in the second half of 2022, data showed Tuesday, as the country returned to pre-pandemic normalcy. Local restaurant businesses employed 1.6 million people in the July-December period, up 43,000 from a year earlier, according to the data compiled [...]
SEOUL, April 18 (Korea Bizwire) — South Korean imports of Japanese seafood swelled nearly 21 percent in the first quarter of 2023 despite concerns over Tokyo’s planned release of contaminated water from its crippled nuclear power plant, government data showed Tuesday. Seoul imported US$48.6 million worth of fishery products from the neighboring country in the [...]
SEOUL, April 17 (Korea Bizwire) — Hyundai Motor Group sold over 100,000 electric vehicles (EVs) abroad in the first quarter of 2023. The company’s combined global EV sales during this period were 135,499 units, with domestic sales of 39,982 units and overseas sales of 104,517 units. Flagship EV models, such as the Hyundai Ioniq 5 [...]
SEOUL, April 17 (Korea Bizwire) — South Korea’s car exports surged more than 60 percent on-year to reach an all-time high in March on the back of solid demand for eco-friendly cars, data showed Monday. The value of outbound shipments of automobiles came to US$6.52 billion last month, up 64.1 percent from a year earlier, [...]
SEOUL, April 17 (Korea Bizwire) — “Suzume” has become the most-viewed Japanese film ever released in South Korea. Japanese director Makoto Shinkai’s latest animation broke the record set by the animation “The First Slam Dunk,” on Friday with 4.482 million admissions, according to data from the Korean Film Council. As of Sunday, “Suzume” gathered about [...]
SEOUL, April 13 (Korea Bizwire) — The number of foreigners working in South Korea’s agricultural industry spiked 531 percent on-year in the first quarter amid eased COVID-19 restrictions, data showed Thursday. A total of 8,666 foreigners came to South Korea for jobs in farming villages during the January-March period, sharply up from 1,373 foreign laborers [...]