SEOUL, March 19 (Korea Bizwire) — The number of flight passengers from South Korea to Japan has sharply increased so far this year compared with a year ago, data showed Sunday, on the back of eased travel restrictions and a weaker Japanese yen. The combined number of passengers traveling from Incheon International Airport and Gimpo [...]
SEOUL, March 19 (Korea Bizwire) — The number of working South Koreans aged 60 and above has more than doubled in the past 10 years due to higher living costs amid a global economic slowdown, government data showed Sunday. The number of working Koreans aged 60 and older jumped to 5.77 million in February from [...]
SEOUL, March 17 (Korea Bizwire) — South Korea’s imports of beef reached a record high last year on growing demand for the meat and the government’s zero-tariff scheme, data showed Friday. The country’s beef imports came to 477,000 tons in 2022, or the largest volume ever, compared with 453,000 tons a year earlier, according to [...]
SEJONG, March 16 (Korea Bizwire) — The number of marriages in South Korea crashed to yet another record low in 2022, data showed Thursday, adding to concerns over the country’s already plunging birth rate. Around 192,000 couples tied the knot in Asia’s No. 4 economy last year, slipping 0.4 percent from 2021, according to the [...]
SEOUL, March 15 (Korea Bizwire) — South Korea’s monthly job additions slowed for the ninth consecutive month in February, data showed Wednesday, amid forecasts the job recovery will lose steam this year amid the economic slowdown. The number of employed people came to 27.71 million in February, up around 312,000 from a year earlier, according [...]
SEOUL, March 13 (Korea Bizwire) — The Japanese animated film “Suzume” has drawn over 1 million admissions in the first six days of its release in South Korea, its local distributor said Monday. Japanese director Makoto Shinkai’s latest animation surpassed 1 million admissions at around 12:30 p.m., reaching the mark at the fastest pace among [...]
SEOUL, March 10 (Korea Bizwire) — Nearly 60 percent of South Koreans are against the government’s plan to compensate victims of Japan’s wartime forced labor on its own without involving Japanese firms, a poll showed Friday. In the poll of 1,002 adults conducted by Gallup Korea on Wednesday and Thursday, 59 percent said they oppose [...]
SEOUL, March 9 (Korea Bizwire) — Mergers and acquisitions by South Korean firms decreased 7.7 percent in 2022 from a year earlier amid economic uncertainties, data showed Thursday. The number of mergers came to 1,027 cases last year, down from 1,113 cases tallied in 2021, according to the Fair Trade Commission (FTC). They were valued [...]
SEOUL, March 9 (Korea Bizwire) — The number of Facebook users in South Korea fell to a record low last month as a growing number of young people opted to use Instagram and other social media platforms, industry data showed Thursday. Facebook had a combined 9.79 million South Korean monthly active users (MAU) on the [...]
SEOUL, March 7 (Korea Bizwire) — More than 36 percent of working women have experienced unwelcome comments on their physical appearance at the workplace, a survey showed Tuesday, indicating women are more frequently exposed to gender-based workplace violence than men. In the survey released by the pro-labor civic group Gabjil 119, 23.1 percent of respondents, [...]