SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s car exports jumped 35.9 percent on-year in August on brisk global demand for eco-friendly cars, data showed Friday. The value of outbound shipments of automobiles came to US$4.12 billion last month, the largest ever figure for any August, according to the data from the Ministry of Trade, [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s overseas direct investment rose 13.1 percent on-year in the second quarter of this year amid the post-pandemic economic recovery, data showed Friday. The value of investments made overseas by South Korean companies reached US$19.26 billion in the April-June period, up from $17.03 billion a year earlier, according [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s unemployment rate hit an all-time low last month, but the pace of job growth slowed down for the third month in a row amid economic uncertainties, data showed Friday. The number of employed people stood at 28.41 million in August, up 807,000 from a year earlier, according [...]
SEOUL, Sept. 16 (Korea Bizwire) — Incheon International Airport has become the Airport Council International (ACI)’s first Level 5 customer experience accredited airport, the state-run operator of the airport said Thursday. The Incheon International Airport Corp. was awarded the highest level of accreditation in the ACI Customer Experience program at the global summit held by the [...]
SEOUL, Sept. 15 (Korea Bizwire) — Samsung Electronics Co. said Wednesday that the Fun Mode included on Galaxy A-series smartphones has been used more than 2.5 billion times worldwide since it was released a year ago. Fun Mode adds augmented reality (AR) lens technology developed by Snap, a camera application developer, to the Galaxy A [...]
SEOUL, Sept. 15 (Korea Bizwire) — LG Electronics Inc. said Wednesday it will soon release its 97-inch OLED EVO Gallery Edition, the world’s largest OLED television. The new 97G2 model comes with the largest OLED screen available in the current state of technology with a 4K resolution (3,840 x 2,160). It is also equipped with [...]
SEOUL, Sept. 15 (Korea Bizwire) — Around 45 percent of household heads over 65 years of age engaged in wage worker earn less than 1 million won (US$717) each month, data showed Wednesday. Statistics Korea reported that 44.6 percent of wage workers over 65 years of age make less than 1 million won in labor [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Koreans’ use of internet banking services grew 6.9 percent in the first half of this year from six months earlier as customers preferred financial services through mobile devices, central bank data showed Thursday. The daily use of online banking services, including mobile banking, reached 18.82 million cases in [...]
SEOUL, Sept. 15 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it had installed its The Terrace outdoor TV at Postojna Cave, a major tourist attractions in Slovenia. Postojna Cave is famous as the habitat of olms, a kind of salamander often referred as ‘baby dragons.’ Samsung displayed the habitat space of olms taken by [...]
SEOUL, Sept. 15 (Korea Bizwire) — Despite the steady growth of flexible work arrangements, the number of South Korean workers who can’t afford to take advantage of such benefits remains significant, a business lobby said Wednesday. According to an analysis of data from Statistics Korea conducted by the Federation of Korean Industries, the number of [...]