SEOUL, March 20 (Korea Bizwire) – South Korea has seen an increase in TV viewing over the last few weeks as the rapid spread of the infectious coronavirus has kept more people at home, industry data showed Friday. TV watching in South Korea jumped about 16.6 percent between the second and fourth weeks of February, [...]
SEJONG, March 19 (Korea Bizwire) — The number of South Koreans getting married sank to an all-time low in 2019, government data showed Thursday, as young people increasingly delay marriage amid a prolonged economic slowdown. The number of couples tying the knot in Asia’s fourth-largest economy reached 239,200 in 2019, down 7.2 percent from the [...]
SEOUL, March 19 (Korea Bizwire) — The amount of time people spent on mobile applications on their digital devices increased last month in South Korea, data showed Thursday, amid the spread of the novel coronavirus. South Koreans spent an average daily time of 3.9 hours using their mobile apps in February, up 7 percent from [...]
SEOUL, March 19 (Korea Bizwire) — Gold funds in South Korea have posted dismal returns over the past month amid falling gold prices due to the coronavirus scare, data showed Thursday. Local gold funds with assets of 1 billion won (US$796,000) or more registered an average return of minus 12.45 percent over the last one-month [...]
SEOUL, March 18 (Korea Bizwire) — More than 2,500 performing art shows and exhibitions have been canceled for the first four months of this year, resulting in heavy financial damage to the arts industry, a report showed Wednesday. According to the report by the private Federation of Artistic & Cultural Organization of Korea, a total [...]
SEOUL, March 18 (Korea Bizwire) — The coronavirus outbreak threatens to batter South Korea’s state airport, railway and highway operators due to tumbling demand for travel, data showed Wednesday. The spread of the respiratory disease, whose first confirmed case in South Korea was reported on Jan. 20, has halted almost all flights to and from [...]
SEOUL, March 17 (Korea Bizwire) — The usage of food, shopping and gaming mobile applications increased sharply last month in South Korea, data showed Tuesday, amid the spread of the novel coronavirus. The number of food and beverage apps installed organically in South Korea between Feb. 1 and March 2 increased about 39 percent compared [...]
SEOUL, March 17 (Korea Bizwire) — South Korea’s fine dust emissions from coal-fired power plants fell 40 percent on-year over the winter season, data showed Tuesday, after the country scaled down the operations of such plants. Emissions of fine dust from local coal plants reached 3,212 tons over the December-February period, down from 5,320 tons [...]
SEOUL, March 16 (Korea Bizwire) — Nearly 50 percent of South Koreans support a proposal to provide cash to citizens to help them tackle the economic fallout of the new coronavirus, a poll showed Monday. In the survey by Realmeter on 505 people, 48.6 percent of the respondents favored the idea that the government temporarily [...]
SEOUL, March 16 (Korea Bizwire) — Foreign investors became net sellers of South Korean stocks last month, ending their two-month buying spree, data showed Monday. Foreigners sold a net 3.22 trillion won (US$2.6 billion) worth of local stocks in February, according to the data from the Financial Supervisory Service (FSS). American investors sold a net [...]