SEOUL, July 2 (Korea Bizwire) – South Korea’s passengers using Korean flag air carriers reached some 84 percent of pre-pandemic levels in the first half, government data showed Sunday. From January to June, the number of passengers on domestic and international routes amounted to 53.39 million, or 83.9 percent of the tally reported in the [...]
SEOUL, July 2 (Korea Bizwire) — The K-pop sensation BTS enjoys the most loyal fanbase based on how far its supporters are willing to travel, a survey by a U.S. travel information site showed Sunday. Upgraded Points released the results of its poll titled, “How Far Would You Travel to See Your Favorite Artist?” on [...]
SEJONG, June 30 (Korea Bizwire) — South Korea’s forklift exports jumped nearly 57 percent on-year in the first five months of 2023, data showed Friday, following a rebound in the global construction industry. Exports of forklifts reached US$525 million from January to May this year, reaching a record-high amount for the period, according to the [...]
SEOUL, June 29 (Korea Bizwire) — The number of foreign visitors to South Korea soared almost five times last month from a year earlier, partly due to a sharp increase in travelers from Japan, data showed Thursday. In May, around 867,000 foreign nationals traveled here, up 399 percent on-year, according to the Korea Tourism Organization [...]
SEOUL, June 28 (Korea Bizwire) — The number of babies born in South Korea hit yet another fresh low in April, data showed Wednesday, further extending the decline in the population of Asia’s fourth-largest economy. Only 18,484 babies were born in April this year, sinking 12.7 percent from a year earlier, according to the monthly [...]
SEOUL, June 28 (Korea Bizwire) – Retail sales in South Korea rose 5.7 percent on-year in May as consumers celebrated holidays amid the lifting of COVID-19 restrictions, the industry ministry said Wednesday. The combined sales of 25 major offline and online retailers came to 15 trillion won (US$11.5 billion) last month, compared with 14.1 trillion [...]
WASHINGTON, June 27 (Korea Bizwire) — A majority of South Koreans hold a positive view of the United States and President Joe Biden while more than seven out of every 10 South Koreans also believe the U.S. contributes to global peace and stability, a poll showed Tuesday. In a 23-nation survey conducted by the Pew [...]
SEOUL, June 26 (Korea Bizwire) — Construction orders in South Korea are likely to slump nearly 13 percent on-year in 2023 due to less government spending on infrastructure and a sluggish housing market, a think tank said Monday. Local builders’ orders are predicted to decline 12.9 percent from a year earlier to 200.1 trillion won [...]
SEOUL, June 25 (Korea Bizwire) — The number of violent crimes that saw a significant drop in the initial years of the pandemic bounced back last year partially on eased social distancing measures, data showed Sunday. A total of 450,623 violent crimes were reported last year, up 7.4 percent from 419,683 cases the previous year, [...]
SEOUL, June 22 (Korea Bizwire) — The number of households that moved from urban areas to farming and fishing villages logged a marked decrease in 2022 following two years of on-year growth amid the COVID-19 pandemic, data showed Thursday. The number of households moving to farming villages came to 318,769 in 2022, down 12.3 percent [...]