SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s online food market jumped more than 35 percent to touch an all-time high in 2021 amid the coronavirus pandemic, data showed Monday. The value of online food transactions in Asia’s fourth-largest economy stood at 58.5 trillion won (US$48.8 billion) last year, up 35.3 percent from a year [...]
SEOUL, Feb. 6 (Korea Bizwire) — The proportion of apartments bought by people in their 30s or younger reached an all-time high last year amid “panic buying” over soaring housing prices, data showed Sunday. The buyers of this age group accounted for 31 percent of the country’s total apartment sales in 2021, up from 29.2 [...]
SEOUL, Feb. 6 (Korea Bizwire) — South Korea’s fisheries output rose 1.2 percent last year from a year earlier on the back of improved production from the aquaculture sector, data showed Sunday. The total fisheries output amounted to 3.76 million tons in 2021, compared with 3.71 million tons tallied a year earlier, according to the [...]
SEOUL, Feb. 4 (Korea Bizwire) — The amount of bills and coins that the central bank discarded due to damage declined nearly 40 percent as people increased the use of non-cash payments for consumption, data showed Friday. A total of 403.5 million damaged bills and coins were discarded last year, down 37.2 percent from 642.6 [...]
SEOUL, Feb. 4 (Korea Bizwire) — Card spending in South Korea rose more than 10 percent in 2021 from a year earlier amid the coronavirus pandemic, industry data showed Friday. Spending made with credit, debit and prepaid cards stood at about 977 trillion won (US$811 billion) last year, up 10.3 percent from the same quarter [...]
SEOUL, Feb. 3 (Korea Bizwire) — Online shopping in South Korea hit a record high in 2021, led by strong demand for food delivery services and electronics amid the pandemic, data showed Thursday. The value of online shopping transactions stood at 192.9 trillion won (US$160 billion) last year, up 21 percent from the previous year, [...]
SEOUL, Feb. 3 (Korea Bizwire) — Almost three out of 10 women in Seoul believe they can have babies outside marriage, a city government report showed Thursday. According to the report, 28.1 percent of women and 31.6 percent of men living in the capital said they can have children even if they are not married. [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s air passenger traffic fell 7.7 percent in 2021 from a year earlier due to the prolonged COVID-19 pandemic, the transport ministry said Thursday. A total of 36.36 million passengers, including 3.21 million on international routes, flew with full-service and low-cost carriers in 2021 mainly for business purposes, [...]
SEOUL, Feb. 3 (Korea Bizwire) — The ratio of the self-employed and other nonwage workers in South Korea touched an all-time low in 2021 amid the coronavirus pandemic, government data showed Thursday. Asia’s fourth-largest economy had 6.52 million unsalaried workers as of the end of December last year, marking the 23rd consecutive year of decline, [...]
SEOUL, Feb. 2 (Korea Bizwire) — More than three in 10 children out of school have been suffering depression, being at risk of possibly taking one’s own life, a survey showed Wednesday. The National Youth Policy Institute (NYPI) found through a survey that 35 percent and 29 percent of out-of-school children were experiencing depression and [...]