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 [...]
SEOUL, March 17 (Korea Bizwire) — With the rapid rise in fuel prices increasing the financial burden on households, low-wage service workers are being hit harder, a survey showed Thursday. The Korean Federation of Service Workers’ Union conducted a survey of 1,506 members with a monthly wage of less than 3 million won (US$2,300). On [...]
SEOUL, March 16 (Korea Bizwire) — A number of universities are offering breakfast at an affordable price as consumer prices continue to rise. Kyung Hee University has been selling breakfasts for 1,000 won (US$0.76) to 100 people on a first-come, first-serve basis, since Monday. Seoul National University, Korea University, Sungkyunkwan University and Kangwon National University [...]
JEONJU, March 16 (Korea Bizwire) — Jeonbuk National University said Wednesday it will export Korean traditional houses known as “hanok” to France. The university and the K-Garden Association in France signed an agreement a day earlier. The association was established in June of last year in response to a request from the French senate 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 16 (Korea Bizwire) — A recent report by the South Jeolla Green Federation has highlighted the severe gender imbalance among toads in the Seomjin River during the spawning period. The report states that out of 540 toads captured this year, only 50 were female, resulting in a male to female ratio of 10:1. [...]
SEOUL, March 15 (Korea Bizwire) — The National Museum of Korea has introduced a service that helps people with visual or hearing disabilities to gain easy access to the museum. Through four kiosks set up at the museum, visitors can access voice commentary and use braille keypads to obtain a variety of information. Seniors or [...]
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 15 (Korea Bizwire) — Impacted by high interest rates, high inflation and a stagnant job market, South Korea’s consumption has been on a downward trend since the autumn of 2022. According to data from Statistics Korea, the nation’s seasonally adjusted retail sales index stood at 103.9 in January, down 5.03 percentage points compared [...]
SEOUL, March 15 (Korea Bizwire) — The outbreak of the COVID-19 led to a sharp increase in the number of unskilled laborers such as delivery workers and a decrease in the number of sales workers. The number of unskilled laborers such as food delivery workers and building cleaners was about 4.1 million last year, up [...]