S. Korean childbirths down 6.2 pct in January
The number of newborns in South Korea fell 6.2 percent in January from a year earlier, government data showed Wednesday, a continuing sign of the low birthrate that has plagued Asia’s fourth-largest economy for more than a decade. The data compiled by Statistics Korea showed that 30,300 babies were born in January, compared with 32,300 […]
Unemployed moms seek jobs to cover living, educational outlays
More than half of unemployed moms in South Korea want to find work to better cover living and education-related expenses for family members, a survey showed Monday. According to the survey conducted by the Korea Institute for Health and Social Affairs, 56.6 percent of the respondents said they want to work. The findings were based […]
More than 63 pct of S. Koreans use mobile phones for financial services: poll
More than 63 percent of South Koreans have used banking and payment services via smartphones as a growing number are getting familiar with the tech device in their everyday lives, a central bank poll showed Tuesday. The survey of 2,597 adults, conducted by the Bank of Korea (BOK) last year, showed that 63.5 percent of […]
South Korea: culture minister nominee vows to support small and medium-sized film producers
The culture minister nominee said Tuesday he will actively reflect the positions of small and medium-sized producers in mapping out the government’s film policy. Park Yang-woo, who was tapped to lead the Ministry of Culture, Sports and Tourism in a Cabinet reshuffle in early March, also promised efforts to strengthen cultural exchanges with North Korea […]
S. Korea’s rice production costs increase in 2018
Rice production costs in South Korea rose 15.2 percent in 2018 from a year earlier, government data showed Tuesday. Farmers spent 796,000 won (US$703) to grow rice on a 1,000-square meter paddy last year, compared with 691,000 won from 2017, according to the data compiled by Statistics Korea. The gross income of rice farmers came […]
2019 World Journalists Conference Kicks Off in Seoul to Seek Truth
The 2019 World Journalists Conference kicked off on March 25, 2019, with the attendance of about 70 journalists from around 50 countries. The week-long journalist conference was promoted by the Journalists Association of Korea (JAK), which marked the seventh of its kind. It may be the first time ever for a single country to host […]
Lotte Duty Free enters Australian, New Zealand markets
Lotte Duty Free said Monday that it has opened stores in Australia and New Zealand, making it the first South Korean duty-free operator to make inroads into the Oceanian region. A ceremony to mark the opening of the tax-exempted retail outlet at Brisbane International Airport was held on Monday (local time), the duty-free arm of […]
South Korea: gov’t to foster drone experts for various tasks
South Korea’s transport ministry on Monday announced plans to foster some 300 experts on drones to better utilize unmanned aerial vehicles for various public projects, ranging from environmental protection to defense. The Ministry of Land, Infrastructure, and Transport said it joined forces with the Korea Transportation Safety Authority to expand the size of its drone […]
Sales of K-dramas up 15 pct on-year at Hong Kong fair
Sales of Korean dramas and films rose around 15 percent at a major international content fair in Hong Kong last week compared with a year earlier, a South Korean government agency said Monday. A total of 25 Korean content sellers recorded a total of US$16.6 million in sales during the Hong Kong International Film & […]
Ambassador Hotel Group partners with Kakao Investment to launch MICE platform
Ambassador Hotel Group said Thursday that it will launch a new platform that supports the meeting, incentive, convention, and exhibition (MICE) sector as the South Korean hotel chain seeks a new growth engine. The platform, dubbed CONNECO, is the country’s first platform aimed at boosting the MICE industry that was valued at around 1,700 trillion […]