SEOUL, July 3 (Korea Bizwire) — Sales of imported vehicles in South Korea jumped 41 percent in June from a year earlier on tax cuts and new models, an industry association said Friday. The number of newly registered foreign vehicles rose to 27,350 units last month from 19,386 a year earlier, the Korea Automobile Importers [...]
SEOUL, July 2 (Korea Bizwire) — The number of Chinese tourists to South Korea fell by more than 30 percent in the 2017-2020 period from three years earlier due to a bilateral diplomatic row, data showed Thursday. The monthly average number of Chinese tourists in South Korea reached 380,000 during the three-year period starting in [...]
SEOUL, July 2 (Korea Bizwire) — South Korea said Thursday its exports of agricultural goods and foodstuffs advanced 4.4 percent on-year in the first six months of 2020 as the global new coronavirus pandemic has sparked higher demand for processed products. The country’s outbound shipments of agricultural products and foodstuffs reached US$3.6 billion in the [...]
SEOUL, July 1 (Korea Bizwire) — South Korea’s vehicle sales fell 22 percent in the January-June period from a year earlier, as the new coronavirus outbreak continued to affect the automobile industry, industry data showed Wednesday. The five carmakers in South Korea — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors [...]
SEOUL, July 1 (Korea Bizwire) — The number of North Korean defectors coming into South Korea recorded an all-time low in the second quarter this year due to the new coronavirus, the unification ministry said Wednesday. According to the ministry, 12 defectors were estimated to have entered the country from April to June this year, [...]
SEOUL, June 30 (Korea Bizwire) — The number of new 5G subscribers rose by a record high in May for this year, with total network users reaching just under 6.9 million, official data showed Tuesday. The latest findings showed 5G subscribers increasing by 536,997 in May compared to the month before, exceeding the previous monthly [...]
SEOUL, June 30 (Korea Bizwire) — One in four South Koreans are inclined to spend more on 5G network services and faster internet connection to better prepare for the coronavirus pandemic, a survey showed on Tuesday. The survey conducted by Ericsson-LG, a joint venture between Sweden-based Ericsson and South Korea’s LG Electronics Inc., showed that [...]
SEOUL, June 30 (Korea Bizwire) – The South Korean government’s response to the novel coronavirus is favorably appreciated by people around the world, a survey showed Tuesday. Commissioned by the Joongmin Foundation for Social Theory, a Seoul-based liberal institute, the survey was conducted by Rakuten Insight Surveys on 15,312 people living in 30 cities across [...]
SEOUL, June 30 (Korea Bizwire) — South Korean smartphone users’ connection to 5G network services is far lower than expected, with 5G users only able to use the fastest network 15 percent of the time, a report showed Tuesday. South Korea, the first country around the globe to commercially launch a 5G mobile network in [...]
SEOUL, June 29 (Korea Bizwire) — The number of corporate employees in South Korea fell last month as the new coronavirus pandemic continued to weigh down on the job market, data showed Monday. The number of employees at domestic businesses employing one or more people reached 18.3 million as of the last working day of [...]