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Card Use Tops 1,000 tln Won for 1st Time in 2022 amid Eased Virus Curbs

Card Use Tops 1,000 tln Won for 1st Time in 2022 amid Eased Virus Curbs

SEOUL, Jan. 31 (Korea Bizwire) — Card use in South Korea exceeded 1,000 trillion won (US$811.4 billion) for the first time ever in 2022 as eased coronavirus curbs bolstered consumption, data showed Tuesday. According to the data provided by the Credit Finance Association, credit and debit card use amounted to 1,097.7 trillion won last year, [...]

Imports of Coffee Beans in S. Korea Hit All-time High in 2022

Imports of Coffee Beans in S. Korea Hit All-time High in 2022

SEOUL, Jan. 31 (Korea Bizwire) — South Korea’s imports of coffee beans hit a new record in 2022, data showed Tuesday, in the latest sign of the drink’s growing popularity in Asia’s fourth-largest economy. Imports of coffee beans, including both raw and roasted products, reached US$1.3 billion last year, soaring 42.4 percent from $920 million [...]

Hyundai Unveils Concept Combining Mobility and Building

Hyundai Unveils Concept Combining Mobility and Building

SEOUL, Jan. 31 (Korea Bizwire) — Hyundai Motor Group has unveiled a new vision for transforming mobility into a living space connected with buildings. The group on Monday released a “Mobile Living Space” animation video showing a scenario organically connecting mobility with buildings. The video, which is about four minutes long, showcased mobility solutions combined [...]

7 of 10 S. Koreans Support Independent Development of Nuclear Weapons: Poll

7 of 10 S. Koreans Support Independent Development of Nuclear Weapons: Poll

SEOUL, Jan. 30 (Korea Bizwire) – Seven out of 10 South Koreans see the need for Seoul to independently pursue its own nuclear weapons development program, a survey showed Monday, amid concerns over escalating military threats from Pyongyang and a lack of trust in denuclearization negotiations with North Korea. According to the Gallup Korea poll [...]

Bird Species Indigenous to China Discovered in S. Korea Amidst Global Climate Shift

Bird Species Indigenous to China Discovered in S. Korea Amidst Global Climate Shift

SEOUL, Jan. 30 (Korea Bizwire) — Birds indigenous to China are being found in South Korea, largely due to climate change, a study showed Sunday. A thesis published in the recent edition of the Korean Journal of Phycology reported that two silver-throated tits were discovered on Socheong Island in Incheon in March of last year. [...]