SEOUL, March 24 (Korea Bizwire) — Nearly 7 in 10 foreign buyers think that South Korea’s national brand is having a positive impact on their purchases of products from Asia’s fourth-largest economy, a poll showed Thursday. According to the survey of 213 foreign buyers, 72.9 percent of the respondents replied that their imports of South [...]
SEOUL, March 24 (Korea Bizwire) — President Moon Jae-in will ride an electric vehicle (EV) after he leaves office. According to the Ministry of the Interior and Safety’s tender notice for the purchase (lease) of a vehicle for the use of the soon-to-be former president that was posted on the Public Procurement Service’s Government e-Procurement [...]
SEOUL, March 23 (Korea Bizwire) — The popularity of professional baseball in South Korea is in decline, especially among people in their 20s, the exact demographic that teams are trying to attract, a national poll showed Wednesday. Gallup Korea released results of its survey of 1,004 South Koreans aged 18 or older from March 15-17. [...]
SEOUL, March 23 (Korea Bizwire) — The number of babies born in South Korea inched down in January from a year earlier, data showed Wednesday, highlighting the country’s gloomy demographic situation with the chronically low birthrate. A total of 24,598 babies were born in January, down 1.2 percent from a year earlier and the lowest [...]
SEOUL, March 23 (Korea Bizwire) — More than half of South Koreans are against President-elect Yoon Suk-yeol’s plan to move the presidential office out of Cheong Wa Dae, while some 44 percent support the idea, a poll showed Wednesday. According to the poll of 500 adults, conducted by pollster Realmeter on Tuesday, 53.7 percent said [...]
SEOUL, March 23 (Korea Bizwire) — South Korea’s overseas direct investment hit a record high last year as the global economy recovered from the fallout of the COVID-19 pandemic, data showed Wednesday. The value of investments made by South Korean companies reached US$75.87 billion last year, up 32.8 percent from a year earlier, according to [...]
SEOUL, March 23 (Korea Bizwire) — Travel bag sales are on the rise since the government announced a measure on March 11 to exempt vaccinated entrants from abroad from the obligatory one-week self-isolation starting March 21. E-Mart Inc., a discount store chain, reported that sales of travel suitcases and bags jumped by 42.4 percent for [...]
CHUNGJU, March 23 (Korea Bizwire) — South Korea’s first biogas hydrogen fueling station, which uses food waste to produce and supply hydrogen fuel, opened in Chungju, 147 kilometers south of Seoul, on Wednesday. The Chungju Bio-Hydrogen Refueling Station uses biogas produced at the Chungju Food Bio Energy Center to make highly concentrated, eco-friendly hydrogen with [...]
SEOUL, March 23 (Korea Bizwire) — Seoul Book Repository, South Korea’s first public secondhand bookstore, will perform a variety of commemorative events to celebrate the third anniversary of its opening. According to the Seoul Metropolitan Library, Seoul Book Repository has attracted about 430,000 visitors who bought a total of 333,000 books over the past three [...]
SEOUL, March 22 (Korea Bizwire) — Tablet PCs and smartphones purchased by small business owners to keep track of customers as part of the country’s quarantine policy have become useless following the government’s recent policy change. South Korea launched a mandatory entry log system using QR code-based registration at entertainment facilities in June 2020 to [...]