SEOUL, July 21 (Korea Bizwire) — Sales of major high-growth unlisted companies in South Korea have risen more than four times over the past three years with online distributors and bio firms posting explosive growth, a corporate tracker said Wednesday. The combined top line of the country’s top 100 unlisted companies came to 20.4 trillion [...]
SEOUL, July 20 (Korea Bizwire) — The number of young South Koreans preparing to take exams for public jobs and professional licenses hit a record high in May as the job market remained sluggish amid the pandemic, data showed Tuesday. The data released by Statistics Korea showed that 859,000, or 19.1 percent of 4.49 million [...]
SEOUL, July 19 (Korea Bizwire) — South Koreans’ transactions of foreign stocks reached a new high in the first half of the year on an overseas investment boom, data showed Monday. Local investors’ trading of overseas shares was valued at US$207.74 billion in the January-June period, up 63 percent from six months earlier, according to [...]
SEJONG, July 19 (Korea Bizwire) — The number of discouraged workers in South Korea hit a new monthly high in June amid the prolonged coronavirus pandemic, government data showed Monday. Asia’s fourth-largest economy had 583,000 discouraged workers, up 46,000 from a year earlier, according to the data from Statistics Korea. It was the largest tally [...]
SEOUL, July 15 (Korea Bizwire) — Nearly half of South Korean adults are in favor of some opposition lawmakers’ proposals to abolish the Ministry of Gender Equality and Family, a poll showed Thursday. In the poll of 1,016 people nationwide over the age of 18, 48 percent said they agree with the proposed dissolution of [...]
SEOUL, July 15 (Korea Bizwire) — The number of South Korean and foreign migrants declined at the sharpest-ever pace last year as the COVID-19 pandemic disrupted people’s cross-border movements, data showed Thursday. The number of international migrants, referring to those who stay for more than 90 days here, declined 15.9 percent from a year earlier, [...]
SEOUL, July 15 (Korea Bizwire) — South Korea’s exports of automobiles advanced 28 percent in the first half of 2021 on the back of the global economic recovery and rising demand for premium models, data showed Thursday. Outbound shipments of automobiles reached 1,049,658 units in the January-June period, rising from 820,873 units tallied a year [...]
SEOUL, July 15 (Korea Bizwire) — South Korea’s air passenger traffic fell 29 percent in the first half from a year earlier amid the prolonged coronavirus pandemic, the transport ministry said Thursday. From January to June, the number of passengers on domestic and international routes fell to 16.67 million from 23.58 million in the year-ago [...]
SEOUL, July 15 (Korea Bizwire) — Drug smuggling caught by South Korea’s customs agency more than doubled in the first half of the year as trafficking via non-contact delivery means rose amid the pandemic, data showed Thursday. A total of 214.2 kilograms of drugs were confiscated in the January-June period, up 153 percent from a [...]
SEOUL, July 14 (Korea Bizwire) — South Korea reported job additions for the fourth straight month in June, data showed Wednesday, in the latest sign the job market has improved amid an economic recovery. The number of employed people reached 27.6 million last month, 582,000 more than a year earlier, according to the data compiled [...]