SEOUL, Aug. 29 (Korea Bizwire) — South Korea’s suicide death rate dropped steadily for over 2013 to 2017, government data showed Sunday. The data compiled by the health ministry and Korea Foundation for Suicide Prevention showed that 22.8 out of 100,000 South Koreans took their own lives in 2017, dropping from 24.4 in 2016. The [...]
SEOUL, Aug. 29 (Korea Bizwire) — Industrial accidents at workplaces caused an estimated loss of nearly 30 trillion won (US$25.6 billion) last year, data showed Sunday, with the country seeking to impose heavy punishment on employers in the event of workplace disasters starting next year. The losses caused by industrial accidents were estimated at 29 [...]
SEOUL, Aug. 26 (Korea Bizwire) — The number of jobs for wage workers in South Korea grew at a slower pace in the first quarter than three months earlier due to slumps in in-person service sectors amid the pandemic, data showed Thursday. The number of paid employee jobs reached 18.9 million in the cited period, [...]
SEOUL, Aug. 26 (Korea Bizwire) — Retail sales in South Korea advanced 13 percent in July from a year earlier, data showed Thursday, on the back of strong demand for food delivery services amid the prolonged social distancing measures. The combined sales of 25 major offline and online retailers reached 12.9 trillion won (US$11 billion) [...]
SEOUL, Aug. 25 (Korea Bizwire) — The number of babies born in South Korea dropped to a record low in June, data showed Wednesday, in the latest sign that underscores the country’s gloomy demographic situation with the chronically low birth rate. A total of 21,526 babies were born in June, down 2.7 percent from the [...]
SEOUL, Aug. 25 (Korea Bizwire) — South Korea’s environment-friendly vehicle registrations exceeded 1 million in July on rising awareness of environmental issues and economic efficiency, the transport ministry said Wednesday. The number of eco-friendly car registrations jumped to 1,003,539 at the end of July, up 22 percent from 820,329 at the end of 2020 and [...]
SEOUL, Aug. 25 (Korea Bizwire) — South Korea’s major companies increased their hiring of new employees in the first half of the year despite the coronavirus pandemic, a corporate tracker said Wednesday. According to CEO Score, 460 out of the country’s top 500 firms by sales had a combined workforce of 1,503,643 as of end-June, [...]
SEOUL, Aug. 24 (Korea Bizwire) — South Korea’s market for convenient coffee beverages expanded nearly 6 percent in the first half of the year amid the coronavirus pandemic, a market tracker said Tuesday. The size of the local ready-to-drink coffee market stood at 672.9 billion won (US$574 million) in the January-June period, up 5.9 percent [...]
SEOUL, Aug. 23 (Korea Bizwire) — South Korea’s manufacturing workforce has been aging fast over the past 10 years, stoking concerns that it may undercut the country’s growth potential drastically down the road, a report said Monday. People aged 50 and older accounted for 30.1 percent of the country’s total manufacturing workers in 2020, up [...]
SEOUL, Aug. 22 (Korea Bizwire) — Foreign investors have been on a selling spree of South Korean stocks so far this year, selling nearly 31 trillion won (US$26 billion) of local shares, data showed Sunday. Offshore investors sold a net 30.72 trillion won between Jan. 1 and Friday, compared with net selling of 24.7 trillion [...]