SEOUL, June 8 (Korea Bizwire) — Nearly 15 out of 100 employed people in South Korea changed jobs in 2020 amid the sluggish job market hit by the COVID-19 pandemic, data showed Wednesday. The number of registered employees in South Korea, who are eligible for state insurance programs, came to 24.83 million in 2020, up [...]
SEOUL, June 8 (Korea Bizwire) — The landmark “Hammering Man” sculpture in Seoul’s central Gwanghwamun has celebrated its 20th birthday. The sculpture was set up in front of the Heungkuk Life Insurance building in Jongno District in 2002 to become Gwanghwamun’s most represented landmark. It is a serial artwork by American sculptor Jonathan Borofsky. The [...]
SEOUL, June 8 (Korea Bizwire) — The Ministry of Oceans and Fisheries said Tuesday it will begin a project to develop a new technology that uses Sargassum horneri and other marine plants to produce biodegradable plastic material. The ministry, along with a research team at Pohang University of Science and Technology, plans to develop a [...]
WONJU, June 8 (Korea Bizwire) — Endangered wild plants will be introduced to mountainous areas in Gangwon Province that have been devastated by limestone mining. The Wonju Regional Environmental Office said Tuesday that a program to introduce endangered wild plants to restore the ecological system of the limestone mining development area will be held again [...]
SEOUL, June 7 (Korea Bizwire) — More than 8 in 10 smaller food firms in South Korea have taken a hit from sky-high international grain prices caused by extreme weather events and Russia’s invasion of Ukraine, a poll showed Tuesday. The survey of 213 small and medium-sized food firms showed 82.6 percent of the respondents [...]
SEOUL, June 7 (Korea Bizwire) — Seoul’s population has fallen below 9.5 million, just six years after it sunk below 10 million, data showed Monday. The Ministry of Interior and Safety said that the population of the capital city stood at 9,496,887 as of late May, The city’s population was above 10.3 million as recently [...]
SEOUL, June 7 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 2.4 percent last month from a year earlier as a chip shortage continued to affect vehicle production, an industry association said Tuesday. The number of newly registered foreign vehicles stood at 23,512 units last month, down from 24,080 units a year [...]
SEOUL, June 7 (Korea Bizwire) — Card use for settlement in South Korea swelled 11 percent in April on softer anti-coronavirus rules with spending on travel and transportation spiking, data showed Tuesday, in a sign of the country’s consumption returning to pre-pandemic normalcy. Spending made with credit, debit and prepaid cards came to 90.3 trillion [...]
SEOUL, June 7 (Korea Bizwire) — Despite sky-high prices of international plane tickets resulting from higher oil prices and a shortage of international flight routes, sales of high-price seats remain strong. The seat occupancy rates for the Incheon-New York route and the Incheon-Los Angeles route, which maintained first class and business class seats during the [...]
SEOUL, June 7 (Korea Bizwire) — A large polar bear has appeared on a billboard on the roof of a large building in downtown Seoul. South Korean advertising agency HS Ad produced a polar bear media art billboard video to commemorate World Environment Day, which falls on June 5. The advertisement video, which made use [...]