SEOUL, March 3 (Korea Bizwire) — The number of startups in South Korea fell more than 7 percent in 2022 from a year earlier amid a sluggish property market, government data showed Friday. A total of 1.317 million new companies were set up in the country last year, down 7.1 percent from a year earlier, [...]
SEJONG, Dec. 22 (Korea Bizwire) — The number of newly established companies in South Korea decreased 3.4 percent on-year in 2021 amid weak business sentiment sparked by the pandemic, data showed Thursday. Last year, the number of newly created firms came to 1.02 million, down 36,000 from a year earlier, according to the data compiled [...]
SEOUL, Dec. 17 (Korea Bizwire) — The number of newly established companies rose to a record high last year, but in-person service segments reported a sharp fall in new businesses due to the pandemic, data showed Friday. Last year, the number of newly created firms reached a record 1.06 million, up 62,000, or 6.2 percent, [...]
SEJONG, Dec. 12 (Korea Bizwire) — The number of newly established companies in South Korea rose 0.7 percent on-year in 2018, data showed Thursday. In 2018, some 920,000 new companies were created, up 7,000 from the year before, according to the data compiled by Statistics Korea. Employees working for these companies reached over 1.36 million [...]