SEOUL, Feb. 22 (Korea Bizwire) — Less than half of South Koreans are willing to receive COVID-19 vaccine shots immediately, without waiting for further reports on those vaccines’ effects, an opinion poll showed Monday. In the survey conducted on 1,020 people aged 18 or over by the Korea Society Opinion Institute from last Friday to [...]
SEOUL, Feb. 22 (Korea Bizwire) — Service output in 15 provinces and major cities declined last year as the new coronavirus outbreak dealt a blow to the face-to-face service segments, data showed Monday. The country’s service output fell 2 percent last year, according to Statistics Korea. Excluding Seoul, six cities and nine provinces posted an [...]
SEOUL, Feb. 22 (Korea Bizwire) — Major South Korean drug and biopharmaceutical companies saw their sales surge in 2020 from a year earlier despite the coronavirus pandemic, industry sources said Monday. Eleven local pharmaceutical companies in Asia’s fourth-largest economy, including Green Cross Corp. and biopharmaceutical behemoth Celltrion Inc., registered sales of more than 1 trillion [...]
SEOUL, Feb. 19 (Korea Bizwire) — Gold prices in South Korea hit a 10-month low as hope of an economic recovery has made the bullion less attractive, data showed Friday. A gram of gold changed hands at 63,900 won (US$57.7) on the domestic market Friday, down 0.48 percent from the previous session, according to the [...]
JEJU, Feb. 18 (Korea Bizwire) — More than half of the residents of Jeju Island are opposed to a new international airport on the southern island, polls showed Thursday. However, residents of the town selected as the site of the airport were in favor of the project in separate surveys by the same pollsters. All [...]
SEOUL, Feb. 18 (Korea Bizwire) — The mobile game market in South Korea logged sharp growth of over 5 trillion won (US$4.5 billion) last year amid the pandemic, data showed Thursday. Total mobile game transactions in the country were estimated at 5.3 trillion won in 2020, up 24.3 percent from the previous year, according to [...]
SEOUL, Feb. 18 (Korea Bizwire) — South Korea’s chicken exports touched a new high in 2020 amid growing worldwide demand for ready-to-eat products and the popularity of Korean pop culture, a report showed Thursday. Overseas shipments of processed chicken came to US$21 million last year, up 59.5 percent from a year earlier, according to the [...]
SEOUL, Feb. 17 (Korea Bizwire) — South Korea’s personal computer (PC) market grew more than 15 percent last year, industry data showed Wednesday, due to the rise of online education and remote working amid the pandemic. Domestic PC shipments totaled 5.26 million units in 2020, up 15.7 percent from a year ago, according to the [...]
SEJONG, Feb. 17 (Korea Bizwire) — The number of temporary and daily jobs for 20-somethings in South Korea plunged nearly 18 percent in January amid the coronavirus pandemic, data showed Wednesday. The country had 997,000 temporary and daily workers in their 20s last month, down 17.7 percent, or 214,000, from a year earlier, according to [...]
SEOUL, Feb. 16 (Korea Bizwire) – South Korea’s electricity generation fell for the second consecutive year in 2020 as demand dipped amid the coronavirus pandemic, data showed Tuesday. The amount of electricity generated by the nation’s power plants came to 552,165 gigawatt hours (GWh) last year, down 1.9 percent from the previous year, according to [...]