SEOUL, April 29 (Korea Bizwire) — After the presidential transition team confirmed plans to raise soldiers’ monthly salary to 2 million won (US$1,574), a group of low-ranking public servants made a strong appeal to improve their labor conditions. “All of the nation’s public servants work hard and have tough times today due to COVID-19,” said [...]
SEOUL, April 28 (Korea Bizwire) — What has been the most popular restaurant food choice for families on Children’s Day on May 5 or Parent’s Day on May 8 ? According to a big data study conducted by major credit card issuer KB Kookmin Card Co., card expenditures on lobster, crab and duck meat spiked [...]
SEOUL, April 28 (Korea Bizwire) — Kakao Mobility Corp., South Korea’s leading taxi-hailing firm, said Wednesday it will begin testing the pet-exclusive cab service KakaoT Pet on its Kakao T application. Kakao T Pet is a pet taxi service designed in accordance with the Animal Protection Act. The service is available in all locations in [...]
SEOUL, April 28 (Korea Bizwire) — Retail sales in South Korea rose 7.1 percent in March from a year earlier on the back of growing demand for foodstuff, daily items and luxury goods amid the worst wave of the COVID-19 pandemic, the industry ministry said Thursday. The combined sales of 25 major offline and online [...]
SEOUL, April 28 (Korea Bizwire) — South Korea’s exports of autos declined for the first time in seven quarters in the January-March period amid global supply chain disruptions and Russia’s war with Ukraine, customs data showed Thursday. The country’s outbound shipments of cars came to US$10.93 billion in the first quarter, down 0.6 percent from [...]
YONGIN, April 28 (Korea Bizwire) — The area around an outdoor wave pool at Caribbean Bay, the water park within amusement park Everland, will be transformed into an exotic resort beach. The resort division of Samsung C&T, which runs Everland and Caribbean Bay, said it will open the Mar Caribe The Bayside Café in the [...]
SEOUL, April 27 (Korea Bizwire) — The rising ‘revenge spending’ trend spawning from demand for consumption during the pandemic has prompted a growing number of Koreans to spend more than 1 million won (US$789) on a single transaction this year. Major credit card issuer Samsung Card Co. reported that the number of transactions involving payments [...]
SEOUL, April 27 (Korea Bizwire) — South Korea’s imports of home furnishing products hit an all-time high last year on the back of demand by stay-at-home consumers amid the COVID-19 pandemic, data showed Wednesday. The imports of eight kinds of home furnishing goods, including sofas and lamps, came to US$3.5 billion last year, up 15.6 [...]
SEOUL, April 27 (Korea Bizwire) — A total of 55 workers were killed at construction sites in the first quarter of this year, the land ministry said Wednesday, as the country began enforcing a new law that calls for the punishment of company chiefs for serious workplace disasters. Of the 55 victims, 14 were affiliated [...]
SEOUL, April 27 (Korea Bizwire) — The number of babies born in South Korea fell to another record low in February, data showed Wednesday, illustrating the country’s gloomy demographic situation and chronically low birthrate. A total of 20,654 babies were born in February, down 3.2 percent from the previous year, according to the data compiled [...]