SEOUL, Dec. 13 (Korea Bizwire) — The amount of time Korean people spent on the country’s most popular mobile messenger KakaoTalk was restored to the normal level two months after it suffered extensive service disruptions stemming from a fire at a data center, industry data showed Tuesday. Users spent an average of 32.18 minutes using [...]
SEOUL, Dec. 12 (Korea Bizwire) — Nearly half of the recently married couples in South Korea had no children in 2021, data showed Monday, amid the country’s chronic low birthrate and changing social norms. Some 45.8 percent of the country’s 871,428 couples who were legally married in the five years up to November 2021 did [...]
SEOUL, Dec. 12 (Korea Bizwire) — With study preferences slowly changing, study cafes are gaining popularity among students. The National Tax Service reported that the number of study rooms and schooling institutions, including study cafes, has been rising since 2017. Reading rooms, however, have been on a constant decrease, except for 2020. Unlike reading rooms [...]
GEOJU, Dec. 12 (Korea Bizwire) — The 14th Geojedo International Penguin Swimming Festival took place on Saturday. Some 500 participants were seen at Deokpo Beach in Geoje, South Gyeongsang Province wearing only their swimming suits and jumping into the frigid seas. Under clear skies, the temperature on the day of the festival hovered around 5 [...]
SEOUL, Dec. 12 (Korea Bizwire) — The city-affiliated Seoul Facilities Corp. announced that it has set up benches made from upcycled plastic and masks along the Cheonggye Stream walkway in downtown Seoul. The corporation signed an agreement with Lotte Chemical Corp. and Lowlit Collective to create two kinds of upcycled benches. One type of bench [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s car exports reached an all-time high in November on strong demand for eco-friendly cars and stable supply of automotive semiconductors, data showed Monday. The value of outbound shipments of automobiles came to US$5.4 billion last month, up 31 percent on-year to set the largest monthly record, according [...]
SEOUL, Dec. 9 (Korea Bizwire) — Soup kitchens are struggling with increasing consumer prices and severed financial aid from the private sector due to the current economic downturn. A food kitchen set up near Daegu Station in the southeastern city of Daegu desperately needs help after the cost of food and other merchandise jumped by [...]
SEOUL, Dec. 9 (Korea Bizwire) — A majority of Starbucks customers have purchased cold drinks this year with the recent cold weather having little impact on the trend, the local unit of the U.S. coffee giant said Thursday. Starbucks Coffee Korea reported a 76-percent increase in cold drink sales this year, up by 12 percent [...]
SEOUL, Dec. 9 (Korea Bizwire) — South Korea was the world’s eighth-largest arms exporter in the 2017-2021 period, accounting for nearly 3 percent of the world’s total defense exports, an annual government report showed Friday. According to the Global Defense Market Yearbook 2022 released by the Korea Research Institute for Defense Technology Planning and Advancement, [...]
SEOUL, Dec. 9 (Korea Bizwire) — Foreign investors remained net buyers of South Korean stocks for the second straight month in November amid expectations the U.S. Federal Reserve will slow the pace of rate increases and China could ease strict coronavirus restrictions, central bank data showed Friday. Foreigners’ stock investment funds logged a net inflow [...]