SEOUL, April 5 (Korea Bizwire) — Electric vehicles (EVs) now account for more than 20 percent of Hyundai Motor Co.’s sales in the European market. The carmaker said it sold a total of 57,842 units in Europe in the first two months of this year, of which EVs accounted for 11,532 units. The share of [...]
SEOUL, April 4 (Korea Bizwire) — The number of male victims of digital sex crimes compiled by a state support agency doubled last year from the previous year, the Ministry of Gender Equality and Family said Monday. The Digital Sexual Crime Victim Support Center extended assistance to 1,843 male victims in 2021, marking a near [...]
SEOUL, April 4 (Korea Bizwire) — The nine fountains in Han River parks are making a comeback after a two-year hiatus following the coronavirus outbreak. The Seoul Metropolitan Government’s Hangang Project Headquarters began the operation of the Moonlight Rainbow Fountain at Banpo Bridge on Friday. The eight remaining fountains including the Music Fountain in Ttukseom [...]
SEOUL, April 4 (Korea Bizwire) — The Ministry of Agriculture, Food and Rural Affairs announced that it will begin supplying fruits to childcare facilities at elementary schools on Monday. The project will replace some of the bread and corn dogs given out to children with fruits more than once per week. This year, the government plans [...]
SEOUL, April 4 (Korea Bizwire) — Bulls have replaced horses in an unusual racing event where the jockeys were farmers instead of professionals. The strange sight was observed during a ‘ride with a bull’ competition held recently in North Korea. The Chosun Sinbo, a pro-North Korea newspaper in Japan, reported that the state held the [...]
SEOUL, April 4 (Korea Bizwire) — The net profits of listed firms on South Korea’s main bourse hit an all-time high last year, expanding 160.56 percent on-year despite the pandemic, the bourse operator said Monday. The consolidated net profit of 595 firms listed on the benchmark KOSPI totaled 156.6 trillion won (US$128.6 billion) in 2021, [...]
SEOUL, April 4 (Korea Bizwire) — Prices of South Korea’s agricultural, livestock and fisheries imports jumped nearly 32 percent in February from a year earlier, data showed Monday, putting upward pressure on the country’s inflation. The import price index for farm, livestock and fisheries products came to 112.6 in February, up 31.7 percent from a [...]
SEOUL, April 1 (Korea Bizwire) — South Korean fashion retailer Shinsegae International Inc. said Thursday it has donated crayons made from recycled lipstick to Child Fund Korea, a Seoul-based charity. The crayons were made with 16,940 used lipsticks. Two lipstick tubes can create one crayon. Some 2,700 sets of crayons including 1,700 sets of lipstick [...]
SEOUL, April 1 (Korea Bizwire) — LG Electronics Inc.’s OLED TV commercial won the best prize at the South Korean advertising awards. The Korea Advertising Society selected the LG OLED TV commercial as a Grand Prix at its 29th Annual Ads of the Year. The ad, titled “Humanity,” begins with a text that says ‘many [...]
SEOUL, April 1 (Korea Bizwire) — Online shopping in South Korea rose 13.7 percent on-year in February, led by solid demand for food delivery services, electronics goods and travel services amid the pandemic, data showed Friday. The value of online shopping transactions stood at 15.4 trillion won (US$12.6 billion) in February, compared with 13.6 trillion [...]