SEOUL, Oct. 20 (Korea Bizwire) — The amount of tax collected from stock transactions halved on-year in August, data showed Thursday, as the bearish market weighed down retail investors’ appetite for local shares. The combined amount of stock transaction tax collected in August came to 528.5 billion won (US$368 million), down from 1.01 trillion won [...]
SEJONG, Oct. 18 (Korea Bizwire) — The number of employees in the delivery industry increased on-year in the first half of 2022, data showed Tuesday, amid growing demand for such services due to the prolonged pandemic. The couriers and messengers industry hired 311,000 people in the January-June period, up 52,000 from a year earlier, according [...]
SEOUL, Oct. 17 (Korea Bizwire) — An average of more than 200 cases of crimes committed by those high on drugs have been reported annually over the past four years, a lawmaker said Monday. The number of such crimes totaled 221 in 2018, 236 in 2019, 182 in 2020 and 230 last year, showing a [...]
SEOUL, Oct. 17 (Korea Bizwire) — The number of firearm confiscations by customs authorities skyrocketed more than 170 times this year from five years ago due to an illegal influx of powder-actuated nail guns, a customs report showed Monday. According to the Korea Customs Service report submitted to Rep. Bae June-young of the People Power [...]
SEOUL, Oct. 17 (Korea Bizwire) — A local research institute claimed Monday that the social and economic cost of malicious online comments reaches about 35 trillion won (US$24.3 billion) a year. According to the Barun ICT Research Center affiliated with Yonsei University, up to 35.3 trillion won is spent a year due to problems arising [...]
SEOUL, Oct. 14 (Korea Bizwire) — South Korea’s car exports jumped 34.7 percent on-year in September on brisk demand for eco-friendly cars, data showed Friday. The value of outbound shipments of automobiles came to US$4.79 billion last month, the largest ever for any September, according to the data from the Ministry of Trade, Industry and [...]
SEOUL, Oct. 14 (Korea Bizwire) — South Korea added jobs for the 19th straight month in September, data showed Friday, but the growth continued to slow for the fourth month in a row amid concerns over a recession. The number of employed people stood at 28.38 million last month, up 707,000 from a year earlier, [...]
SEOUL, Oct. 13 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in September on concerns over aggressive monetary tightening in major economies, central bank data showed Thursday. Foreigners’ stock investment funds logged a net outflow of US$1.65 billion in September, compared with a $3.02 billion net inflow the previous month, according [...]
SEOUL, Oct. 12 (Korea Bizwire) – The number of Chinese warships spotted operating in waters under South Korea’s jurisdiction rose to some 260 last year, up from around 220 in the previous year, a ruling party lawmaker said Wednesday. Rep. Lim Byung-heon of the People Power Party (PPP) cited data from the Defense Intelligence Agency [...]
SEOUL, Oct. 12 (Korea Bizwire) — Stalking and dating violence have steadily increased over the past few years, yet the number of police officers in charge of such crimes has remained unchanged, police data showed Wednesday. According to the National Police Agency data submitted to Rep. Yong Hye-in of the Basic Income Party, 3,621 cases [...]