SEOUL, Feb. 10 (Korea Bizwire) — The number of men going on paternity leave jumped 23 percent last year from the previous year, reflecting cultural and policy changes, the labor ministry said Wednesday. The total number of private sector workers requesting paternity leave stood at 27,423 last year, more than double the number in 2017 [...]
SEOUL, Feb. 10 (Korea Bizwire) — South Korea reported the largest job loss in January since 1998 as a flare-up in new coronavirus cases, along with continued virus curbs, dealt a heavy blow to jobs in the service sector, data showed Wednesday. The number of employed people reached 25.8 million last month, 982,000 fewer than [...]
SEOUL, Feb. 9 (Korea Bizwire) — Over six out of 10 South Korean youth think that unification with North Korea is necessary, a survey showed Tuesday. In a survey conducted by the education and unification ministries on 68,750 students enrolled in elementary, middle and high schools nationwide from Nov. 2-30 of last year, 62.4 percent [...]
SEOUL, Feb. 9 (Korea Bizwire) – South Korean shipbuilders held on to their global No. 1 status in terms of new orders of ships in January, outpacing their Chinese rivals for the seventh straight month, industry data showed Tuesday. According to the data provided by global market researcher Clarkson Research Service, South Korean shipyards bagged [...]
SEOUL, Feb. 8 (Korea Bizwire) — Subscriptions to state employment insurance increased by the smallest number in 17 years in January amid the third wave of the coronavirus pandemic, the labor ministry said Monday. The number of subscribers reached 13.84 million in January, up 151,000, or 1.1 percent, from the same month last year, according [...]
SEOUL, Feb. 8 (Korea Bizwire) — South Korea’s exports of kimchi reached a new all-time high in 2020 thanks to its popularity amid the coronavirus pandemic, data showed Monday. Overseas shipments of kimchi came to US$144.51 million last year, up 37.6 percent from a year earlier, according to the data from the Korea Customs Service [...]
SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s major listed firms’ cash dividends shot up 60 percent in 2020 from a year earlier, led mostly by top market cap Samsung Electronics, data showed Sunday. The combined amount of dividends handed out by 124 listed firms surveyed in 2020 reached 30.2 trillion won (US$26.8 billion), rising [...]
SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s exports of cosmetics shot up 16 percent in 2020 from a year earlier, data showed Sunday, on the back of the growing demand from the United States and Asian countries. Outbound shipments of cosmetics reached US$7.57 billion last year, according to the data compiled by the Korea [...]
SEOUL, Feb. 7 (Korea Bizwire) — Last month’s ultrafine dust density was the lowest for January since record keeping began in 2015, the environment ministry said Sunday. The average PM 2.5 reading across the country was 20 micrograms per cubic meter, down from 26 micrograms per cubic meter in January 2020, the ministry said, referring [...]
SEOUL, Feb. 5 (Korea Bizwire) – South Korea’s exports of sauces reached an all-time high in 2020 as more people enjoyed cooking at home around the globe amid the new coronavirus pandemic, data showed Friday. Outbound shipments of sauces rose 25.8 percent on-year in 2020 to reach $301.7 million, according to the data compiled by [...]