SEOUL, Jun. 12 (Korea Bizwire) — South Korea’s import of camping gear increased nearly 20 percent on-year during the first four months of 2017 thanks to increasing interest in outdoor activities, government data showed Sunday. South Korea imported US$27.73 million worth of camping gear during the January-April period, up 19 percent from a year earlier, [...]
SEOUL, Jun. 12 (Korea Bizwire) — Sony Corp.’s resurgence in the premium TV market is starting to threaten the lead enjoyed by South Korea’s Samsung Electronics Co. and LG Electronics Inc., industry data showed Sunday. Data provided by the global market tracker IHS showed that in the first half of this year, Sony accounted for [...]
SEOUL, June 9 (Korea Bizwire) – Nearly seven in ten Seoul residents say they have little to no hope of moving up the social ladder, giving social equality in South Korean society a score of 4.5 on a scale of one to ten. When asked about the prospects of improving their social and financial status [...]
SEOUL, June 9 (Korea Bizwire) – Almost half of Seoulites in their 30s live in rented housing, leaving them with the heaviest rent burden among all age groups in the city. The surprising findings of the 2017 Seoul Survey – an urban planning indicator survey – revealed the growing number of single and two-person households [...]
WASHINGTON, Jun. 8 (Korea Bizwire) — South Koreans have one of the gloomiest economic views in the world, with 84 percent saying the fourth-largest Asian economy is in bad shape, a U.S. survey showed Wednesday. South Korea had the second-most negative views, with only 15 percent saying their economy is in good condition, the Pew [...]
SEOUL, Jun. 7 (Korea Bizwire) — South Korea’s exports of dried laver surged 57.6 percent in the first five months of 2017 from a year earlier, data showed Tuesday. Outbound shipments of dried laver came to US$218 million in the January-May period, according to the data compiled by the Ministry of Oceans and Fisheries. Dried [...]
SEOUL, Jun. 5 (Korea Bizwire) — South Korea’s imports of coffee products surged to record high levels last year on the back of burgeoning demand for the brewed drink, government data showed Friday. The inbound shipments of coffee products, such as raw beans, coffee beans and coffee capsules, reached 159,000 tons at the end of [...]
SEOUL, June 5 (Korea Bizwire) – South Korea is one of the nations in which the least amount of video is watched in the world, industrial sources said Sunday, citing global research agency Kantar Millward Brown. Of the 41 countries and Hong Kong covered in the agency’s report titled “AD Reaction: Video Creative in a [...]
SEOUL, Jun. 5 (Korea Bizwire) — The monthly data consumption of South Koreans using the fourth-evolution network (LTE) surpassed 6 gigabytes for the first time in April, reflecting the rising demand for video streaming and other services in the mobile environment, industry data showed Friday. According to the data compiled by the Ministry of Science, [...]
SEOUL, Jun. 5 (Korea Bizwire) — Sales of high-performance vehicles are on the rise in South Korea amid growing demand by consumers who want more from the cars they drive every day, industry sources said Friday. The number of performance cars sold here fell far behind sales of mass-market models but it has steadily increased [...]