SEOUL, June 22 (Korea Bizwire) — The number of babies born in South Korea fell to a record low in April amid the chronically low birthrate, while that of deaths hit an all-time high due to rapid aging and the COVID-19 pandemic, data showed Wednesday. A total of 21,124 babies were born in April, down [...]
SEOUL, June 21 (Korea Bizwire) — The number of employed one-person households in South Korea showed a steep increase last year amid an economic recovery, government data showed Tuesday. As of October 2021, the number of working one-person households jumped by 440,000 on-year to 4.14 million households, according to the data compiled by Statistics Korea. [...]
SEOUL, June 19 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. saw the total sales of their eco-friendly cars exceed 3 million units, industry data showed Sunday, 13 years after they began rolling out hybrid vehicles. South Korea’s top automaker and its affiliate sold 393,509 eco-friendly cars, including plug-in hybrid and all-electric vehicles, in [...]
SEOUL, June 17 (Korea Bizwire) — South Korea’s overseas direct investment more than doubled on-year in the first quarter of this year amid an economic recovery from the COVID-19 pandemic, the finance ministry said Friday. The value of investments made overseas by South Korean companies reached US$25.4 billion in the January-March period, up from $11.34 [...]
SEOUL, June 16 (Korea Bizwire) – The number of adolescents treated for gambling addiction spiked last year as they spent more time at home due to the coronavirus pandemic, data showed Thursday. Rep. Kim Do-eup of the ruling People Power Party released the statistics from the state-run Health Insurance Review and Assessment Service that showed [...]
SEOUL, June 16 (Korea Bizwire) – Local businesses saw their first-quarter sales continue to rise but at a slower pace than three months earlier amid growing economic uncertainty at home and abroad, central bank data showed Thursday. A total of 20,120 corporations subject to external audits posted a 17 percent rise in their combined sales [...]
SEOUL, June 15 (Korea Bizwire) — South Korea’s car exports rose 19.1 percent in May from the previous year on the back of global popularity of eco-friendly cars, data showed Wednesday. Outbound shipments of automobiles stood at 182,869 units last month, compared with 150,894 units a year earlier, according to the data from the Ministry [...]
SEOUL, June 15 (Korea Bizwire) — South Korea reported job additions for the 15th consecutive month in May as economic recovery momentum has been extended despite heightened global uncertainty, data showed Wednesday. The number of employed people came to 28.49 million last month, up 935,000 from a year earlier, according to the data compiled by [...]
SEOUL, June 14 (Korea Bizwire) — South Korea’s exports of farm and fisheries products rose more than 16 percent in the first five months of this year on brisk overseas demand for Korean food, data showed Tuesday. Outbound shipments of agricultural and fisheries goods came to US$5.19 billion in the January-May period, up 16.4 percent [...]
SEOUL, June 14 (Korea Bizwire) — About 6,500 workers with disabilities legally earned less than the minimum wage last year, a report said Tuesday. The report from the Korea Labor and Society Institute found a total of 6,547 workers were excluded from the minimum wage rule as of August 2021. Their average monthly wage was [...]