SEOUL, Oct. 7 (Korea Bizwire) — Car accidents involving unlicensed teenagers soared by 34 percent between 2018 and 2020, road traffic data showed Thursday. According to a Korea Road Traffic Authority report submitted to Rep. Kang Deuk-gu of the ruling Democratic Party, teenagers caused 833 accidents last year while driving without a license, a sharp [...]
SEOUL, Oct. 6 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 6.6 percent in September from a year earlier due to fewer working days and supply glitch that stemmed from parts shortages, an industry association said Wednesday. The number of newly registered foreign vehicles fell to 20,406 units last month from 21,839 [...]
SEOUL, Oct. 6 (Korea Bizwire) — Around a quarter of South Korea’s mobile subscriptions were on 5G networks in August, data showed Wednesday, as new smartphone launches boosted user growth in the latest generation networks. As of end-August, there were 17.8 million 5G network users, accounting for 24.8 percent of the country’s total 71.9 million [...]
SEOUL, Oct. 5 (Korea Bizwire) — Only 44 percent of South Koreans think that reunification with North Korea is necessary, a survey showed Tuesday. According to the poll of 1,200 adults by the Institute for Peace and Unification Studies (IPUS) at Seoul National University, 44.6 percent replied that unification is necessary, recording the lowest percentage [...]
SEOUL, Oct. 5 (Korea Bizwire) — Online shopping in South Korea grew 16.8 percent from a year earlier on solid demand for food delivery services and foodstuffs amid the protracted pandemic, data showed Tuesday. The value of online shopping transactions stood at 15.8 trillion won (US$13.3 billion) in August, compared with 13.5 trillion won the [...]
SEOUL, Oct. 3 (Korea Bizwire) — More than 15,500 foreigners from visa-waiver countries used the new electronic travel authorization system to enter South Korea in the first month of its introduction, justice ministry data showed Sunday. A total of 15,811 foreign nationals applied for the Korea Electronic Travel Authorization (K-ETA) in September, and 15,556 of [...]
SEOUL, Oct. 2 (Korea Bizwire) — The number of daily passengers at Incheon International Airport, South Korea’s main gateway, dropped below 10,000 last month, data showed Saturday, apparently due to fewer-than-usual travelers during the Chuseok holiday, the Korean autumn harvest celebration. A daily average of 9,583 passengers used the Incheon airport last month, the airport [...]
SEOUL, Sept. 30 (Korea Bizwire) — The growth in the number of workers hired by businesses in August fell to a five-month low last month, as the COVID-19 pandemic continued to weigh down on the economy, the government said Thursday. The total number of workers employed by businesses as of the end of last month [...]
SEOUL, Sept. 29 (Korea Bizwire) — A majority of South Koreans agree on the need to declare a formal end to the 1950-53 Korean War, as proposed by President Moon Jae-in, a survey showed Wednesday. According to survey of 1,000 adults by the National Unification Advisory Council on Sept. 24 and 25, 67.8 percent said [...]
SEOUL, Sept. 29 (Korea Bizwire) — People aged 65 and older made up 16.5 percent of South Korea’s population this year, a report showed Wednesday, highlighting concerns that the fast-aging demographic transition could pose a drag on the country’s economy. According to the report by Statistics Korea, the number of people aged 65 and older [...]