SEOUL, June 24 (Korea Bizwire) — Consumption of gasoline and diesel in South Korea jumped more than 40 percent in May from a month earlier, as expanded fuel tax subsidies channeled pent-up demand from the pandemic, data showed Friday. The combined consumption of the two fuel types reached 24.82 million barrels, up 43 percent from [...]
POHANG, June 24 (Korea Bizwire) — A variety of garbage, including plastic bottles and wood pieces are commonly found on beaches in the southeastern city of Pohang. Most of the plastic bottles that wash up on the beach are domestically-made ones for water, beverages, detergent or soju. However, several tens of water and beverage bottles [...]
SEOUL, June 23 (Korea Bizwire) — The number of foreigners staying in South Korea bounced back above the 2 million mark last month for the first time in 15 months, immigration data showed Thursday. According to the data by the justice ministry’s immigration policy bureau, 2,012,862 foreigners were staying in the country as of May, [...]
SEOUL, June 23 (Korea Bizwire) — The number of households that moved from urban areas to farming villages reached an all-time high last year amid the prolonged COVID-19 pandemic and soaring housing prices, data showed Thursday. The number of such households came to 377,744 in 2021, up 5.6 percent from a year earlier, according to [...]
CHEONGJU, June 23 (Korea Bizwire) — California’s legislature has introduced “Jikji Day,” which proclaims that “Jikji,” the world’s oldest existing metal-printed book. Under the resolution introduced by by Californian Assemblyman Steven Seokho Choi, which was passed on Monday (local time), the U.S. state of California plans to celebrate September 4 as “Jikji Day,” according to [...]
SEOUL, June 23 (Korea Bizwire) – The popularity of various types of sports gear is changing with the government dropped all social distancing measures. Online shopping mall Auction reported that sales of ball-related sports gear jumped by 700 percent among customers in their 20s and 30s between April 18 and June 20. Sales of tennis [...]
SEOUL, June 23 (Korea Bizwire) — Kwangdong Pharmaceutical Co. said Wednesday it had hosted an e-sports education program for its employees. The class was offered at the company headquarters for employees who have an interest in the massively popular e-sports game “League of Legends.” The education program consisted of a theory lecture on LoL components, [...]
SEOUL, June 22 (Korea Bizwire) — South Korea’s major firms saw their earnings nearly double to hit a 20-year high in 2021, despite the prolonged coronavirus pandemic, a corporate tracker said Wednesday. The combined bottom line of the country’s leading 1,000 companies by sales stood at 127.1 trillion won (US$98 billion) last year, up 99.6 [...]
SEOUL, June 22 (Korea Bizwire) — The number of babies born in South Korea fell to a record low in April amid the chronically low birthrate, while that of deaths hit an all-time high due to rapid aging and the COVID-19 pandemic, data showed Wednesday. A total of 21,124 babies were born in April, down [...]
SEOUL, June 22 (Korea Bizwire) — As a shortage of oil in recent months continues to push gasoline and diesel prices higher, more people are leaving their cars behind during rush hour. A 26-year-old office worker surnamed Kim, recently decided to push back his shift by one hour to ride Seoul Metro’s Line 4 to [...]