SEOUL, May 16 (Korea Bizwire) — South Korea’s car exports grew 12.4 percent in April from the previous year on the back of global popularity of eco-friendly cars, data showed Monday. Outbound shipments of automobiles stood at 196,780 units last month, compared with 175,015 units a year earlier, according to the data from the Ministry [...]
SEOUL, May 16 (Korea Bizwire) — South Korea’s main stock market saw its trading volume shrink more than 16 percent this month from a year earlier, data showed Monday, as investors remained on the sidelines amid inflation worries and other negatives. The daily trading volume of the country’s main bourse averaged 940 million shares during [...]
SEOUL, May 12 (Korea Bizwire) — South Korea’s major listed firms saw their sales jump more than 16 percent to an all-time high in 2021 despite the prolonged coronavirus pandemic, a corporate tracker said Thursday. The combined top line of the country’s leading 1,000 companies by sales stood at 1,734 trillion won (US$1.35 trillion) last [...]
SEOUL, May 12 (Korea Bizwire) — The daily number of riders on the Seoul subway system breached the 7 million mark for the first time in 1 1/2 years, data showed Thursday, partly on the back of rollbacks of COVID-19 restrictions. According to the data from Seoul subway operator Seoul Metro, 7,210,000 people rode subway [...]
SEOUL, May 11 (Korea Bizwire) — The number of newly adopted South Korean children fell for the third consecutive year in 2021 amid the pandemic, government data showed Wednesday. According to the Ministry of Health and Welfare, the number of new child adoptees reached 415 last year, down from 704 in 2019 and 492 in [...]
SEOUL, May 11 (Korea Bizwire) — South Korea reported job additions for the 14th consecutive month in April as economic recovery momentum has been extended despite heightened global uncertainty, data showed Wednesday. The number of employed people came to 28.08 million last month, up 865,000 from a year earlier, according to the data compiled by [...]
SEOUL, May 10 (Korea Bizwire) — The city of Seoul saw greenhouse gas emissions by the industrial and transportation sectors decline during the first two years of the COVID-19 pandemic while emissions by households increased, officials said Tuesday. The estimated total greenhouse gas emissions in the city reached 45.46 million tons last year, down 0.3 [...]
SEOUL, May 10 (Korea Bizwire) — Nearly half of public institutions in South Korea lost money in 2021 amid the coronavirus pandemic with the state-run power monopoly logging the biggest loss on soaring oil prices, data showed Tuesday. A total of 170 public companies and institutions, or 47 percent of 363 that disclosed their 2021 [...]
SEOUL, May 9 (Korea Bizwire) — More than half of single 20-somethings in South Korea do not want to have babies after marriage due apparently to concerns over high child-rearing costs in the country, a poll showed Monday. According to a survey reported in a monthly economic journal by the state-run Korea Development Institute, 52.4 [...]
SEOUL, May 6 (Korea Bizwire) — The amount of illegal narcotics confiscated in South Korea reached an all time high last year, with an increase of foreign and juvenile drug offenders, government data showed Friday. According to the data compiled by the Supreme Prosecutors Office (SPO), a total of 1,295.7 kilograms of illegal drugs were [...]