SEOUL, Dec. 29 (Korea Bizwire) — Retail sales in South Korea grew 8.4 percent on-year in November on the back of major shopping events and growing demand for foodstuff and other items during the World Cup, the industry ministry said Thursday. The combined sales of 25 major offline and online retailers came to 14.8 trillion [...]
SEOUL, Dec. 29 (Korea Bizwire) — South Korea’s imports of party supplies, such as decorations and balloons, hit a record-high through November this year, customs data showed Thursday, as the country has lifted social-distancing rules. The combined imports of party supplies over the January-November period came to US$64 million, up 31.7 percent from a year [...]
SEOUL, Dec. 29 (Korea Bizwire) — South Korean shipbuilders lagged behind their Chinese rivals in terms of new global orders in 2022 to take the No. 2 spot in the world for the second straight year, industry data showed Thursday. Local shipbuilders clinched a combined 15.64 million compensated gross tons (CGTs) in new orders this [...]
SEOUL, Dec. 29 (Korea Bizwire) — Elementary and middle school students in Seoul will be allowed to learn how to break at school next year. The Seoul Metropolitan Office of Education said Wednesday it had signed an agreement with the Korea Breaking Federation to provide break dancing lessons to students as part of an after-school [...]
SEOUL, Dec. 29 (Korea Bizwire) — A honey source forest equivalent in size to the area of 4,700 soccer fields has been created in South Chungcheong Province. The provincial government announced that it completed the first stage of the honey source forest creation and cultivation project it carried out from 2018 to this year. The [...]
SEOUL, Dec. 29 (Korea Bizwire) — South Korea’s unification ministry on Wednesday said it has virtually recreated lost villages in the Demilitarized Zone (DMZ) that existed prior to the 1950-1953 Korean War through a metaverse platform. Some 400 villages were known to have existed in the DMZ, among which the ministry picked the largest ones [...]
SEOUL, Dec. 28 (Korea Bizwire) — The number of babies born in South Korea reached yet another record low in October, data showed Wednesday, underscoring the country’s chronic low birthrate. A total of 20,658 babies were born in October, down 0.4 percent from the previous year, according to the data from Statistics Korea. It marked [...]
SEOUL, Dec. 28 (Korea Bizwire) — U.S.-based Amazon Web Services (AWS) remained the leading player in the South Korean market forcloud computing serviceslast year, the country’s antitrust regulator said Wednesday. AWS accounted for 62.1 percent of the local cloud service market in 2021, down from 70 percent tallied in 2020, according to the data compiled [...]
SEOUL, Dec. 28 (Korea Bizwire) — The Seoul Metropolitan Government said Tuesday that otters, a level 1 endangered species and a natural monument, currently live in the Han River. The habitats of 15 otters have recently been found in the Han River, Tan Stream, Jungnang Stream and Saet River by Yeouido Island, according to the [...]
SEOUL, Dec. 28 (Korea Bizwire) — K-pop songstress IU has been selected as this year’s most popular advertisement model by consumers. The Korea Broadcast Advertising Corp. conducted a survey of 2,000 men and women between 20 and 59 years of age, in which 9.4 percent picked the 29-year-old soloist as their favorite advertisement model, making [...]