SEOUL, Feb. 4 (Korea Bizwire) — People in Seoul spent less time working than usual and more time on media during the coronavirus pandemic in 2020, a city government survey showed Thursday. According to the online survey of 1,000 Seoul citizens aged 18 to 69, people worked an average of 5 hours and 19 minutes [...]
SEOUL, Feb. 4 (Korea Bizwire) — Over 30 percent of South Koreans experienced online violence either as a victim or an abuser last year, according to a survey by the country’s media regulator Thursday. The Korea Communications Commission (KCC) said 32.7 percent responded that they had experienced online violence last year in a survey of [...]
SEOUL, Feb. 3 (Korea Bizwire) — Online shopping in South Korea hit a fresh record high in December as more people purchased products via e-commerce platforms amid tougher virus curbs caused by the pandemic, data showed Wednesday. The value of online transactions stood at 15.9 trillion won (US$14.2 billion) in December, up 26.1 percent from [...]
SEOUL, Feb. 3 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 27 percent in January from a year earlier on robust sales of German cars, an industry association said Wednesday. The number of newly registered foreign vehicles climbed to 22,321 units last month from 17,640 a year ago despite the COVID-19 pandemic, [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s outbound shipments of pet food products soared 83.5 percent in 2020 from a year earlier on strong demand from the Asia region, data showed Wednesday. Exports of pet food products reached US$67.4 million last year, jumping from $36.7 million in 2019, according to data by the Ministry [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s major companies reduced their hiring of new employees in 2020 in an effort to cut costs amid the coronavirus pandemic, a corporate tracker said Wednesday. According to CEO Score, 497 out of the country’s top 500 firms by sales newly hired 264,901 workers last year, down 5,902 [...]
SEOUL, Feb. 2 (Korea Bizwire) — Over half of South Koreans want eased virus curbs for family gatherings of more than four people during the upcoming Lunar New Year holiday, a survey showed Tuesday. The country has banned gatherings of five or more people across the country to further slow down the COVID-19 pandemic since [...]
SEOUL, Feb. 2 (Korea Bizwire) — Over 66 percent of South Koreans used over-the-top (OTT) media, or video streaming services, last year amid the stay-at-home trend driven by the pandemic, a survey showed Tuesday. South Korea’s OTT usage rate stood at 66.3 percent in 2020, compared with 52 percent the previous year, according to a [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s imports of whisky plunged to a 21-year low in 2020 due to the coronavirus pandemic and a change in alcohol consumption here, government data showed Tuesday. The value of whisky imports amounted to US$132.5 million last year, down 13.9 percent from the previous year, according to the [...]
SEOUL, Feb. 1 (Korea Bizwire) — South Korean carmakers’ sales rose 4.8 percent last month from a year earlier helped by strong demand for sport utility vehicles (SUVs) amid the COVID-19 pandemic, industry data showed Monday. The five carmakers in South Korea — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp. [...]