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 [...]
SEOUL, Jan. 24 (Korea Bizwire) — Exports of soju, South Korea’s traditional distilled liquor, increased 13.2 percent in 2022 from a year earlier, data showed Tuesday, rebounding for the first time in three years. Outbound shipments of soju reached US$93.3 million in 2022, rising sharply from $82.4 million tallied a year earlier, according to the [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s top automaker Hyundai Motor Group said Tuesday its total global sales of electric vehicles had exceeded 1 million units as of 2022, 11 years after the conglomerate entered the market. Hyundai Motor Co. and Kia Corp. saw their accumulative sales of EVs reach 1.02 million units as [...]