SEOUL, Jan. 6 (Korea Bizwire) — Apple Inc. was the top pick by South Korean investors among foreign companies during the fourth quarter of last year as local investors joined the rush to buy shares in the U.S. tech giant on hopes of it making a rally, data showed Monday. Apple outperformed all other market-leading [...]
SEOUL, Jan. 6 (Korea Bizwire) — Imported car sales in South Korea fell 6.1 percent in 2019 from a year earlier as Japanese brands struggled with a boycott amid trade tensions between Seoul and Tokyo, an industry association said Monday. The number of newly registered foreign vehicles fell to 244,780 units last year from the [...]
SEOUL, Jan. 5 (Korea Bizwire) — Debt incurred by households and self-employed businesses in South Korea is estimated to surpass 2,000 trillion won (US$1,713 billion) as of September last year, according to central bank data on Sunday. Outstanding household loans came to 1,481 trillion won at the end of last September, up 13.6 trillion won [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s exports of beauty products to Japan advanced nearly 30 percent in the first 11 months of last year, data showed Sunday, despite the ongoing bilateral trade row stemming from their shared history. Asia’s No. 4 economy shipped US$370 million worth of beauty products to Japan in the [...]
SEOUL, Jan. 3 (Korea Bizwire) — A recent survey has found that work-life balance is the most important condition for a good job among millennial workers. JobKorea, a job search portal operator, conducted a survey of 507 workers of the millennial generation and found that the “guarantee of work-life balance” was the most important factor [...]
SEOUL, Jan. 3 (Korea Bizwire) — Many job seekers think that getting older discourages them from looking for a job. Online job portal Saramin conducted a survey of 2,801 job seekers, 86.5 percent of whom said they feel ‘uncomfortable getting a year older’. More than 80 percent of all age groups, except for those in [...]
SEOUL, Jan. 3 (Korea Bizwire) — A growing number of South Korean households are using the internet and mobile devices to buy food, a recent study has revealed. The Ministry of Agriculture, Food and Rural Affairs and the Korea Rural Economic Institute (KREI) conducted a survey of 2,016 households, 78.6 percent of whom responded that [...]
SEOUL, Jan. 3 (Korea Bizwire) — Roughly 30 percent of South Koreans living in urban areas want to return to the countryside, but the numbers are slowly in decline, a recent study has revealed. The Korea Rural Economic Institute (KREI) conducted a survey of 1,521 farmers and 1,500 city residents, in which 34.6 percent of [...]
SEOUL, Jan. 2 (Korea Bizwire) — Many office workers in South Korea prefer celebrating the new business year online, a study has revealed. South Korean job portal Incruit conducted a survey of 843 office workers, 77.9 percent of whom preferred holding a new business year celebration online. Only 22.1 percent wanted an offline celebration. Online [...]
SEOUL, Jan. 2 (Korea Bizwire) — The Safety Speed 5030 policy, imposing speed limits of 50 km/h and 30 km/h on arterial highways and community roads, respectively, has resulted in more than 50 percent decrease in the number of deaths. The Road Traffic Authority, the National Police Agency, and SK Telecom, operator of the navigation [...]