SEOUL, March 27 (Korea Bizwire) — A total of 70 earthquakes with a magnitude of 2.0 or stronger were detected on the Korean Peninsula and its surrounding waters last year, a level similar to the yearly average over the past 20 years, the state weather agency said Sunday. The 2021 figure is up from 68 [...]
SEOUL, March 25 (Korea Bizwire) — Fifty-five percent of South Koreans expect President-elect Yoon Suk-yeol will do a good job after taking office, a survey showed Friday, though his predecessors had approval ratings of about 80 percent around the same time after the election. The Gallup Korea survey of 1,000 adults conducted between Tuesday and [...]
SEOUL, March 25 (Korea Bizwire) — South Korea’s deficit in the trade of intellectual property rights touched a record low in 2021 on increased exports of cultural content, central bank data showed Friday. The nation’s deficit in the intellectual property account stood at US$30 million last year, compared with a $2.02 billion shortfall in 2020, [...]
SEOUL, March 24 (Korea Bizwire) — The smoking rate of South Koreans aged 19 and older fell below 20 percent for the first time in 2020 amid growing public awareness of health and the government’s anti-smoking drive, a report showed Thursday. The smoking rate of Korean adults came to a record low of 19.2 percent [...]
SEOUL, March 24 (Korea Bizwire) – South Korea’s exports of snacks hit a record high last year on the back of demand by stay-at-home consumers amid the COVID-19 pandemic and the popularity of the Korean pop culture, customs data showed Thursday. Exports of snacks came to an all-time high of US$466 million last year, up [...]
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 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 [...]