SEJONG, Oct. 25 (Korea Bizwire) — South Korea ranks fourth in relative poverty among major economies in the world, data showed Monday, in a sign of its high income inequality. The country’s relative poverty rate, referring to the percentage of people with an income below 50 percent of the median income, came to 16.7 percent [...]
SEOUL, Oct. 24 (Korea Bizwire) — Cargo processed at South Korean seaports advanced 8.1 percent in the third quarter of this year as trade gained traction amid the global economic recovery from the pandemic, the oceans ministry said Sunday. Cargo handled at the country’s ports came to 393.03 million tons during the July-September period, up [...]
SEOUL, Oct. 22 (Korea Bizwire) – Three quarters of South Koreans agree with the need to shift to the “living with COVID-19″ scheme, a poll said Friday, as the government is moving to phase out coronavirus restrictions under the new policy next month. According to the survey conducted early this month on 1,083 people aged [...]
SEOUL, Oct. 22 (Korea Bizwire) — Incheon International Airport, the main gateway to South Korea, has seen a sharp recovery in the number of inbound and outbound travelers over the past two months amid the country’s push for a “Living with COVID-19″ plan. According to Incheon International Airport Corp., the state-run operator of the airport, [...]
SEJONG, Oct. 21 (Korea Bizwire) — The number of layer chickens raised in South Korea dropped 4.2 percent in the third quarter from a year earlier due to the impact of the bird flu outbreak, data showed Thursday. The number of layer chickens came to 70.7 million as of end-September, compared with 73.8 million a [...]
SEOUL, Oct. 20 (Korea Bizwire) — More than 1,200 teenagers have fallen victim to online sex crimes so far this year, an elevenfold jump from 2018, government data showed Wednesday. The number of teenage victims rose sharply from 111 in 2018 to 1,268 this year, according to the gender ministry data released by Rep. Yang [...]
SEOUL, Oct. 19 (Korea Bizwire) — The number of employees in the food service segment rebounded in April from a year earlier as the job market recovered amid the economic recovery, data showed Tuesday. The number of people employed at restaurants and eateries reached 1.6 million in April, 65,000 more than the previous year, according [...]
SEOUL, Oct. 18 (Korea Bizwire) — South Koreans are spending more time on mobile apps, with their average daily usage hours of such apps breaking the five hour mark in the third quarter of this year for the first time in history, an industry tracker said. The number of app downloads worldwide totaled 36 billion [...]
SEOUL, Oct. 15 (Korea Bizwire) — South Korea’s exports of automobiles fell more than 20 percent last month, ending eight months of on-year growth, amid the extended global supply shortage of automotive chips and fewer working days, data showed Friday. Outbound shipments of automobiles reached 151,689 units in September, down 20.7 percent from a year [...]
SEOUL, Oct. 14 (Korea Bizwire) — South Korea’s wine imports nearly doubled in the first eight months of 2021 from a year earlier as more people enjoyed drinking at home and alone amid the coronavirus pandemic, data showed Thursday. Asia’s fourth-largest economy imported US$370.5 million worth of wine in the January-August period, up 96.5 percent [...]