SEOUL, April 21 (Korea Bizwire) — South Korea’s exports of kimchi touched an all-time high in the first quarter of the year thanks to its popularity amid the coronavirus pandemic, data showed Wednesday. Overseas shipments of kimchi came to US$46.57 million in the January-March period, up 54.3 from a year earlier, according to the data [...]
SEOUL, April 21 (Korea Bizwire) — South Korea’s wine imports more than doubled in the first quarter of the year as more people enjoyed drinking at home due to the coronavirus outbreak, data showed Wednesday. Asia’s fourth-largest economy imported US$109.7 million worth of wine in the January-March period, up 115.4 percent from a year earlier, [...]
SEOUL, April 20 (Korea Bizwire) — South Korea’s domestic air traffic surpassed the pre-pandemic level last month as more people traveled within the country with persistent restrictions on cross-border trips, data showed Tuesday. Local airlines operated 17,166 domestic flights in March, carrying 2.6 million passengers, according to the data by the Ministry of Land, Infrastructure [...]
SEOUL, April 19 (Korea Bizwire) — Nearly one out of three middle and high school students in South Korea mulled suicide over the past year due to academic burden, a survey showed Monday. In a poll of 5,669 middle and high school students conducted by the state-run National Youth Policy Institute from July to October [...]
SEJONG, April 19 (Korea Bizwire) — The number of South Korean stay-at-home fathers reached an all-time high in March as fewer women took charge of bringing up kids, government data showed Monday. A total of 13,000 South Korean men outside the labor force were in charge of child care last month, up 6,000 from a [...]
SEOUL, April 19 (Korea Bizwire) — Sales of pickup trucks in South Korea tumbled more than 34 percent in the first quarter of the year amid sluggish demand, industry data showed Monday. A total of 5,539 pickup trucks were sold in Asia’s fourth-largest economy in the January-March period, down 34.4 percent from a year earlier. [...]
SEOUL, April 17 (Korea Bizwire) — Four out of 10 people who died last year from industrial accidents were aged 60 or older, according to the labor ministry. A total of 882 people died in industrial accidents last year, marking an increase of 27, or 3.2 percent, from 2019, according to data released Wednesday by [...]
SEOUL, April 15 (Korea Bizwire) — The amount of investment in South Korean startups touched a record high in 2020 amid hopes of high returns and policy support, a state-run lender said Thursday. A total of 4.3 trillion won (US$3.85 billion) was invested in startups last year, up from 4.2 trillion won a year earlier [...]
SEOUL, April 14 (Korea Bizwire) — South Koreans’ overseas stock transactions touched a new high in the first quarter of the year on brisk investment in U.S. tech firms, data showed Wednesday. Local investors’ trading of overseas shares was valued at US$128.51 billion in the January-March period, up 96.5 percent from three months earlier, according [...]
SEOUL, April 14 (Korea Bizwire) — South Korea, home to major memory chip suppliers like Samsung Electronics Co. and SK hynix Inc., ranked second in global chip sales last year, a report showed Wednesday, although it had extremely weak presence in the fabless segment. Total integrated circuit (IC) sales from South Korea-based firms represented 21 [...]