SEOUL, Aug. 21 (Korea Bizwire) — The number of daily passengers at Incheon International Airport, South Korea’s main gateway, rose to the highest point this year in early August as more people traveled during the summer holiday season amid the vaccination drive, data showed Saturday. An average of 10,987 passengers used the Incheon airport a [...]
SEOUL, Aug. 20 (Korea Bizwire) — South Korean big companies’ investments expanded nearly 5 percent in the first half of the year thanks mainly to a semiconductor boom, a corporate tracker said Friday. Global tech giant Samsung Electronics Co. and 331 other large firms in Asia’s fourth-largest economy invested a combined 82.8 trillion won (US$70.3 [...]
SEOUL, Aug. 19 (Korea Bizwire) — South Korean household income declined in the second quarter from a year earlier due to last year’s high base after the government doled out massive pandemic relief funds to all households the previous year, data showed Thursday. The average household earned 4.29 million won (US$3,600) per month in the [...]
SEOUL, Aug. 19 (Korea Bizwire) — South Korean retail investors have doubled their stake in Samsung Electronics Co. in eight months amid foreigners’ selling spree, data showed Thursday. Local individual investors had net-bought 394 million shares in the global tech behemoth as of Wednesday this year, or 6.6 percent of its outstanding shares, according to [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s exports of automobiles edged down 2.9 percent in July from a year earlier as the global supply shortages of automotive chips hindered production, data showed Wednesday. Outbound shipments of automobiles reached 181,046 units in July, according to the Ministry of Trade, Industry and Energy. In terms of [...]
SEOUL, Aug. 17 (Korea Bizwire) – Tourist arrivals in South Korea plunged more than 95 percent in the first half of the year due to global travel curbs amid the coronavirus pandemic, data showed Tuesday. The data from the state-run Korea Tourism Organization (KTO) showed 73,000 foreign tourists visited South Korea in the January-June period, [...]
SEOUL, Aug. 17 (Korea Bizwire) — South Korea’s exports and imports of camping goods reached a fresh high in 2020 amid the coronavirus pandemic, a report showed Tuesday. Asia’s fourth-largest economy exported and imported US$399 million worth of camping equipment last year, an all-time high and up 40 percent from the previous year, according to [...]
SEOUL, Aug. 13 (Korea Bizwire) — Forget medalists: South Korean volleyball icon Kim Yeon-koung was the most impressive athlete from the country at the recently-concluded Tokyo Olympics, a poll showed Friday. In a Gallup Korea survey conducted from Tuesday to Thursday, Kim, who fell short of a bronze medal in Japan, received 63 percent support [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s personal computer (PC) market in the second quarter expanded slightly from a year earlier, a report showed Friday, on the back of rising demand for notebooks. Domestic PC shipments stood at 1.5 million units in the April-June period, up 3.1 percent from a year ago, according to [...]
SEOUL, Aug. 13 (Korea Bizwire) — Both volume and face value of damaged banknotes found in South Korea dipped in the first half of this year as people used cash less amid a non-contact consumption trend due to the COVID-19 pandemic, the central bank said Friday. In the January-June period, the face value of damaged [...]