SEOUL, Nov. 18 (Korea Bizwire) — One in three South Koreans picked the outbreak of a new disease as the biggest source of social anxiety this year, a survey showed Wednesday, underscoring people’s jitters over the new coronavirus pandemic. The poll by Statistics Korea showed that 32.8 percent of those surveyed said they consider the [...]
SEOUL, Nov. 17 (Korea Bizwire) — Nearly half of the population in South Korea’s farming areas was aged 65 and older last year as younger people flocked to cities for education and jobs, data showed Tuesday. The portion of those aged 65 and above accounted for 46.6 percent of the total population residing in rural [...]
SEOUL, Nov. 17 (Korea Bizwire) — The number of multiple home owners in South Korea grew by more than 90,000 over the past year, data showed Tuesday, amid the government’s efforts to curb rising home prices. The number of multiple home owners reached 2.28 million as of Nov. 1, 2019, up 92,000 from 2.19 million [...]
SEOUL, Nov. 16 (Korea Bizwire) — More than seven out of every 10 South Koreans support the government’s fine imposed on those not wearing masks in public spaces, a public opinion survey showed Monday. A new rule came into force last Friday, subjecting those who fail to wear a mask in public to a 100,000 [...]
SEOUL, Nov. 16 (Korea Bizwire) – South Korea’s alcohol imports fell for the first time in 10 years in 2019 amid a boycott of Japanese beer due to a bilateral trade row, data showed Monday. South Korea’s liquor imports came to 466,000 kiloliters in 2019, down 6 percent from the previous year, according to the [...]
SEOUL, Nov. 13 (Korea Bizwire) — The number of moviegoers in South Korea jumped 55 percent in October from a month earlier thanks to sleeper hits and eased virus fears, a report showed Friday. A total of 4.63 million went to theaters last month, up 1.64 million, or 55 percent, from 2.99 million tallied in [...]
SEOUL, Nov. 12 (Korea Bizwire) — South Korea’s rice output fell to the lowest level in 52 years in 2020 as a record-long rainy season and typhoons in the summer hampered production, data showed Thursday. The country’s rice production came to 3.51 million tons this year, down 6.4 percent from 3.74 million tons last year, [...]
SEOUL, Nov. 12 (Korea Bizwire) — Online credit card spending in South Korea spiked more than 35 percent in September as consumers avoided going out due to the spread of the novel coronavirus, data showed Thursday. Online and telemarketing credit card purchases came to 10.29 trillion won (US$9.2 billion) in September, up 35.1 percent from [...]
SEOUL, Nov. 11 (Korea Bizwire) — Seoul’s apartment prices surged 58 percent during the presidency of Moon Jae-in, which is 4.5 times the increase rate of the combined period of the preceding Lee Myung-bak and Park Geun-hye governments, a civic group said Wednesday. The Citizens’ Coalition for Economic Justice (CCEJ), a leading progressive civic group, [...]
SEOUL, Nov. 10 (Korea Bizwire) — The ongoing nationwide shopping festival, aimed at boosting domestic consumption hit by the new coronavirus pandemic, has already seen notable results in terms of card spending and retail sales, the commerce ministry said Tuesday. The annual Korea Sale FESTA kicked off for a 15-day run on Nov. 1, with [...]