SEOUL, June 16 (Korea Bizwire) — South Korean businesses’ sales and profitability worsened in the first quarter from three months earlier, central bank data showed Tuesday, amid slowing demand at home and abroad caused by the spread of the new coronavirus. In the January-March period, sales of local businesses dropped at an average 1.5 percent [...]
SEOUL, June 15 (Korea Bizwire) — The number of animals used for experiments in South Korea nearly tripled in 2019 from 10 years earlier, data showed Monday, with private firms carrying out most of the related research. South Korea used 3.71 million animals for research purposes last year, up sharply from just 1.32 million in [...]
SEOUL, June 15 (Korea Bizwire) — Sales of environmentally friendly vehicles sold by Hyundai Motor Co. and its affiliate Kia Motors Corp. have remained robust this year, data showed on Monday, with the ratio of such vehicles exceeding 7 percent of their total sales. Hyundai and Kia sold a combined 160,082 eco-friendly vehicles in global [...]
SEOUL, June 14 (Korea Bizwire) — Dividend payouts by listed firms in South Korea dropped in March from a year ago amid coronavirus uncertainties, with the upcoming June interim payouts also expected to decline, data showed Sunday. A total of 18 listed companies paid a combined 2.68 trillion won (US$2.23 billion) to their shareholders for [...]
SEOUL, June 14 (Korea Bizwire) – The number of people who are in search of jobs hit a record high in May as the new coronavirus outbreak hammered the job market, data showed Sunday. The number of jobless people who had been seeking to find jobs for less than three months reached 735,000 in May, [...]
SEOUL, June 13 (Korea Bizwire) — Reducing fine dust particles should be the top priority among the government’s environmental policies, according to a poll of ordinary citizens and experts released on Saturday. The poll was conducted by the Ministry of Environment on 700 citizens and 510 experts last year to collect their opinions on environmental [...]
SEOUL, June 12 (Korea Bizwire) — Sales of the Nintendo Switch jumped more than 30 percent on-year during the first quarter of this year in South Korea amid the novel coronavirus outbreak, industry data showed Friday. A total of 82,848 units of the video game console made by Japanese gaming firm Nintendo Co. were sold [...]
SEOUL, June 11 (Korea Bizwire) — The number of people playing PC and console-based games jumped by nearly 50 percent globally this year as the new coronavirus pandemic has confined more people to their homes, an industry report showed Thursday. Daily active users of PC and console games spiked 46 percent on-year during the January-May [...]
SEOUL, June 11 (Korea Bizwire) — South Korea’s auto exports more than halved in May from a year earlier due to falling demand in the face of the new coronavirus pandemic that as infected more than 7 million people, data showed Thursday. Local carmakers shipped 95,400 units of cars overseas last month, down 57.6 percent [...]
SEOUL, June 10 (Korea Bizwire) — The number of moviegoers in South Korea rebounded from a month earlier in May on the back of an extended holiday and relaxed social distancing, data showed Wednesday. A total of 1.53 million movie tickets were sold in May, up from an all-time low of 970,000 tallied in the [...]