SEOUL, July 26 (Korea Bizwire) — South Korea’s exports of ice cream reached an all-time high in the first half of this year, data showed Tuesday, amid a global heat wave and the growing popularity of Korean culture. Overseas shipments of South Korean-made ice-cream products came to US$50 million in the January-June period, up 14 [...]
SEOUL, July 26 (Korea Bizwire) — Drug trafficking caught by South Korea’s customs agency grew 11.2 percent on-year in the first half of this year, data showed Tuesday. The Korea Customs Service said it confiscated a total of 238 kilograms of drugs in the January-June period, compared with 214 kg a year earlier. The number [...]
SEOUL, July 25 (Korea Bizwire) — The number of traffic deaths in South Korea dropped to a record low in the first half of the year, data showed Monday. The National Police Agency said the number of people killed in road accidents from January to June was estimated at 1,236, a decrease of 5.1 percent [...]
SEOUL, July 25 (Korea Bizwire) — South Korea’s exports of fisheries products touched a fresh high in the first half of this year thanks to brisk overseas demand, data showed Monday. Outbound shipments of fisheries goods reached US$1.71 billion during the January-June period, according to the data by the Korea Agro-Fisheries & Food Trade Corp. [...]
SEOUL, July 24 (Korea Bizwire) — More than 1 out of 10 workers have experienced layoffs since the onset of the COVID-19 pandemic, with the rate of those who lost jobs reaching nearly 30 percent among non-regular workers, a poll showed Sunday. The survey of 1,000 employees — 600 regular workers and 400 temporary workers [...]
SEOUL, July 23 (Korea Bizwire) — Foreign currency deposits at banks in South Korea shrank in June as importers paid bills and individuals sold the greenback amid a strong dollar, data showed on Friday. Residents’ outstanding foreign currency-denominated deposits had reached US$87.06 billion as of end-June, down $2.11 billion from the previous month, according to [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s total fertility rate, or the number of children each woman is expected to give birth to during her lifetime, was the lowest in the world for the last three years. The Korea Population and Health Welfare Association and the United Nations Population Fund (UNFPA) jointly published a [...]
SEOUL, July 22 (Korea Bizwire) — Four out of five multilevel marketing salespeople in South Korea earned no sponsor allowance at all last year, the country’s antitrust regulator said Thursday. The nation’s multilevel marketing sales totaled 5.18 trillion won (US$3.96 billion) last year, up almost 4 percent from a year ago, with the total amount [...]
SEOUL, July 21 (Korea Bizwire) — The number of beef cattle raised in South Korea reached an all-time high in the second quarter of this year on the back of rising demand, data showed Thursday. The number of beef cattle came to 3.67 million in the April-June period, up 3 percent from a year earlier, [...]
SEOUL, July 21 (Korea Bizwire) — Foreign direct investment (FDI) pledged to South Korea’s free economic zones (FEZs) more than doubled in the first half of this year to hit a three-year high amid post-pandemic economic recovery, data showed Thursday. The country’s nine FEZs received US$560 million worth of FDI commitment during the January-June period, [...]