SEJONG, Sept. 3 (Korea Bizwire) — Online shopping jumped 15.8 percent from a year earlier in July, data showed Thursday, as the coronavirus pandemic prompted more shoppers to buy goods via e-commerce platforms. The value of online transactions came to 12.96 trillion won (US$10.9 billion) in the month, up 1.76 trillion won from the same [...]
SEOUL, Sept. 3 (Korea Bizwire) — South Korean telecom operators are expanding collaborations to develop robot-based services that counter the COVID-19 pandemic, industry officials said Thursday, as businesses and establishments seek to limit face-to-face contact to reduce the risk of infection. LG Uplus Corp., the country’s No. 3 mobile carrier, said it has partnered with [...]
SEOUL, Aug. 30 (Korea Bizwire) — South Korea began Sunday to restrict operations of restaurants, bakeries and franchise coffee chains in the greater Seoul area in an effort to contain the fast spread of the new coronavirus. Under the plan that lasts until next Sunday, restaurants and bakeries can operate until 9 p.m., and only [...]
SEOUL, Aug. 28 (Korea Bizwire) — South Korea said Friday that it will begin to restrict operations of restaurants, bakeries and franchise coffee chains in the greater Seoul area this weekend in the latest move to contain the fast spread of the new coronavirus. Under the plan set to take effect Sunday, restaurants and bakeries [...]
SEJONG, Aug. 25 (Korea Bizwire) — The employment rate for nine minor cities in South Korea fell in the first half of this year, as the coronavirus pandemic hit job markets, data showed Tuesday. The employment rate for the nine cities, including Jeonju, Osan, Yangsan and Chuncheon, stood at 58.3 percent in the first half, [...]
SEOUL, Aug. 22 (Korea Bizwire) — South Korea faces a critical moment before further heightening its social distancing guidelines to the highest level if a decision to expand the current measures nationwide starting Sunday fails to put a break on a continued surge in new virus cases. On Saturday, the government announced it would be [...]
SEOUL, Aug. 22 (Korea Bizwire) — As South Korea’s daily new virus cases surpassed 300 again Saturday, with infections reported in all major cities and provinces, the government decided to expand strict social distancing guidelines to the rest of the country starting Sunday. The move came amid concerns that the country is entering a new [...]
SEJONG, Aug. 20 (Korea Bizwire) — South Korea’s household income rose in the second quarter from a year earlier, thanks to the government’s emergency handouts to ease the fallout of the coronavirus pandemic, a report showed Thursday. The average household earned 5.27 million won (US$4,473) per month in the second, up 4.8 percent from the [...]
SEOUL, Aug. 19 (Korea Bizwire) — Virgil Hodges, a longtime fan of the Hanwha Eagles in the Korea Baseball Organization (KBO), missed watching baseball in person so much this spring that he would stop during his daily runs to see a recreational league game in his neighborhood in Daejeon. He would stay for an inning [...]
SEOUL, Aug. 9 (Korea Bizwire) — The government is drawing up a budget for next year, with its size likely to top 550 trillion won (US$463 billion), up 8 percent from this year’s, as the country is drumming up efforts to boost the pandemic-hit economy, sources said Sunday. According to the sources, the finance ministry [...]