SEOUL, July 16 (Korea Bizwire) — The coronavirus pandemic is prompting consumers to stick to restaurants they’re used to frequenting, rather than looking for new places to eat. Local fintech firm Korea Credit Data studied credit card data collected from 700,000 vendors across the country to find that the use of credit cards at newly [...]
SEOUL, July 15 (Korea Bizwire) — The number of South Korean and foreign migrants declined at the sharpest-ever pace last year as the COVID-19 pandemic disrupted people’s cross-border movements, data showed Thursday. The number of international migrants, referring to those who stay for more than 90 days here, declined 15.9 percent from a year earlier, [...]
SEOUL, June 27 (Korea Bizwire) — The number of domestic trips taken by South Koreans dropped sharply last year due to the novel coronavirus pandemic, a research institute said Sunday. South Koreans are estimated to have taken 225.19 million domestic trips in 2020, down 34.7 percent from a year earlier, the Korea Culture & Tourism [...]
SEOUL, June 22 (Korea Bizwire) — About a fifth of women with children up to sixth grade left their jobs amid the COVID-19 pandemic, a poll showed Tuesday. The Korean Women’s Development Institute, a state-run think tank, said it conducted a survey on 722 such women from November to December and found that 21.3 percent [...]
SEOUL, June 22 (Korea Bizwire) — As the coronavirus pandemic continues to rage on, smartphone apps that assist in child rearing are gaining popularity. The usage rate of Brush Monster, an augmented reality (AR)-based app for children developed by Kitten Planet to teach them how to brush their teeth, has quadrupled since the onset of [...]
SEOUL, June 22 (Korea Bizwire) — The number of double-income households in South Korea declined the most in three years last year as the job market took a beating from the pandemic, data showed Tuesday. The number of double-income households came to 5.59 million as of October last year, down 69,000 from the previous year, [...]
SEOUL, June 21 (Korea Bizwire) — Nearly 8 out of 10 South Korean consumers have increased their online shopping during the coronavirus pandemic, a poll showed Monday. The survey of 1,000 local consumers, taken by the Korea Chamber of Commerce and Industry, showed 78.4 percent of the respondents saying their online purchases have risen since [...]
SEJONG, June 12 (Korea Bizwire) — South Korea’s national debt is growing at a rate of 3 million won (US$2,730) per second and stands at 17.6 million won per person, a parliamentary office said Saturday. The total debt by the central and provincial governments in Asia’s fourth-largest economy reached 912.5 trillion won as of 3:30 [...]
SEOUL, June 7 (Korea Bizwire) — The pandemic has reduced the popularity of large entertainment facilities such as theme parks in the greater Seoul areas, encouraging people to visit nature in the countryside. The Korea Culture and Tourism Institute reported that some 3.2 million people visited Gangu Port in Yeongdeok, North Gyeongsang Province, which was [...]
SEOUL, June 4 (Korea Bizwire) – Taking a lesson from the COVID-19 pandemic, South Korea has decided to strengthen its protection and transport service for overseas citizens in case they are exposed to dangers like infectious diseases and other threats to their safety. The government held a national pending review and coordination meeting on Thursday [...]