SEOUL, July 6 (Korea Bizwire) — South Korea’s exports of agricultural products shot up to set a new record in the first six months of 2021, data showed Tuesday, on the back of stronger global demand for healthier foodstuffs amid the new coronavirus pandemic. Outbound shipments of such goods in the January-June period came to [...]
SEOUL, July 5 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 4.2 percent in June from a year earlier amid the extended COVID-19 pandemic, an industry association said Monday. The number of newly registered foreign vehicles fell to 26,191 units last month from 27,350 a year ago as the prolonged pandemic weighs [...]
SEOUL, July 4 (Korea Bizwire) — Seoul has suffered its largest population decline in five years, with the soaring housing prices likely driving people out of the capital city, data showed Sunday. According to figures compiled by the Ministry of Interior and Safety and provided to People Power Party Rep. Tae Young-ho, Seoul had a [...]
SEOUL, July 3 (Korea Bizwire) — North Koreans surpassed South Koreans in the Test of English as a Foreign Language (TOEFL), one of the leading English language proficiency tests, last year, a report showed Saturday. According to a report from the U.S.-based Education Testing Service (ETS), the administrator of TOEFL, the average score in the [...]
SEOUL, July 2 (Korea Bizwire) — The South Korean performing arts scene posted a 19 percent on-year rise in its revenue for the first half, showing clear signs of a recovery from the yearlong pandemic, data showed Friday. The combined revenue of theatrical plays, musicals, classical concerts and other performances reached 116.9 billion won (US$103.1 [...]
SEOUL, July 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Friday their combined sales jumped 44 percent in the United States last month from a year earlier on strong demand for their SUVs. Hyundai and Kia sold 140,951 vehicles in the U.S. in June, up from 98,005 units in the [...]
SEOUL, July 1 (Korea Bizwire) — South Korean carmakers’ sales rose 15 percent last month from a year earlier as overseas demand remained steadfast despite the extended COVID-19 pandemic, industry data showed Thursday. The country’s five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. — [...]
SEOUL, July 1 (Korea Bizwire) — South Korean mobile users on 5G networks reached nearly 16 million in May, data showed Thursday, as telecom operators seek to expand applications of the next generation networks. As of the end of May, 5G subscriptions stood at 15.84 million, accounting for 22 percent of the total 71.45 million [...]
SEOUL, June 30 (Korea Bizwire) — Nine out of 10 people who have been vaccinated said they would recommend that their families and friends receive shots, a government survey showed Wednesday. The poll, jointly conducted by the Central Disaster and Safety Countermeasure Headquarters and the culture ministry, showed that 95.6 percent were favorable toward receiving [...]
SEOUL, June 30 (Korea Bizwire) — Global tech titan Samsung Electronics Co. has ranked first in the number of patents filed in South Korea over the past five years, data showed Wednesday. Samsung registered 19,588 patents with local authorities between 2016 and June 10 this year, the most among local companies, according to the data [...]