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Number of Foreign Workers in S. Korea Drops for 2nd Year

SEJONG, Dec. 21 (Korea Bizwire) — The number of foreign workers in South Korea declined for the second consecutive year in 2020 in the wake of the coronavirus pandemic, government data showed Monday. Asia’s fourth-largest economy had 848,000 foreign employees as of the end of May, down 1.8 percent from the previous year, according to [...]

Number of Insect Companies on Rise in S. Korea

SEOUL, May 21 (Korea Bizwire) — The number of South Korean companies raising or processing insects for foodstuffs, pets and other purposes grew threefold in 2018 from three years earlier, data showed Tuesday. According to the data compiled by the Ministry of Agriculture, Food and Rural Affairs, the number of insect companies in the country [...]