SEOUL, July 1 (Korea Bizwire) — A total of 37 South Korean nationals have won prizes at 25 international classical music competitions held in the first half of this year, a local cultural foundation said Friday. Twelve Korean pianists were awarded at 13 contests, and seven violinists won medals at nine competitions during the January-June [...]
SEOUL, June 29 (Korea Bizwire) — Nearly six out of 10 South Koreans feel first lady Kim Keon-hee has not done well in her role over the first month and a half of President Yoon Suk-yeol’s term, a survey showed Wednesday. Data Research polled 1,000 South Korean adults Monday on Kim’s performance as first lady [...]
SEOUL, June 28 (Korea Bizwire) — Three out of 10 adults under the age of 50 live with their parents, instead of living independently, a state-run think tank said Tuesday, casting light on the spreading phenomena of late marriage and non-marriage in Korean society. According to a research report issued by the Korea Institute for [...]
SEOUL, June 28 (Korea Bizwire) — Retail sales in South Korea rose 10.1 percent on-year in May on the back of growing demand for fashion-related items and other services amid the government’s relaxation of COVID-19 curbs and the growth in people’s outdoor activities, the industry ministry said Tuesday. The combined sales of 25 major offline [...]
SEOUL, June 27 (Korea Bizwire) — About 4 out of 10 companies in South Korea saw their raw material prices jump 20 percent or more this year amid fast-rising oil and commodity bills, a central bank survey showed Monday. According to the survey by the Bank of Korea on 570 firms, 40.3 percent said so, [...]
SEOUL, June 24 (Korea Bizwire) — Seven out of 10 South Koreans believe the government should only provide non-military aid to Ukraine, a survey showed Friday. In the survey of 1,000 people aged 18 or above conducted by Gallup Korea from Tuesday to Thursday, 72 percent said the government of President Yoon Suk-yeol should only [...]
SEOUL, June 24 (Korea Bizwire) — Consumption of gasoline and diesel in South Korea jumped more than 40 percent in May from a month earlier, as expanded fuel tax subsidies channeled pent-up demand from the pandemic, data showed Friday. The combined consumption of the two fuel types reached 24.82 million barrels, up 43 percent from [...]
SEOUL, June 23 (Korea Bizwire) — The number of foreigners staying in South Korea bounced back above the 2 million mark last month for the first time in 15 months, immigration data showed Thursday. According to the data by the justice ministry’s immigration policy bureau, 2,012,862 foreigners were staying in the country as of May, [...]
SEOUL, June 23 (Korea Bizwire) — The number of households that moved from urban areas to farming villages reached an all-time high last year amid the prolonged COVID-19 pandemic and soaring housing prices, data showed Thursday. The number of such households came to 377,744 in 2021, up 5.6 percent from a year earlier, according to [...]
SEOUL, June 22 (Korea Bizwire) — South Korea’s major firms saw their earnings nearly double to hit a 20-year high in 2021, despite the prolonged coronavirus pandemic, a corporate tracker said Wednesday. The combined bottom line of the country’s leading 1,000 companies by sales stood at 127.1 trillion won (US$98 billion) last year, up 99.6 [...]