Search result for SOUTH KOREA PANDEMIC
WINE IMPORTS IN S. KOREA RISE IN 2020 AMID PANDEMIC
Highlights –
- Wine imports in S. Korea rise in 2020 amid pandemic.
- The country imported 54,127 tons of wines last year, an up 24.4 percent from a year earlier.
- Chile was the top exporter of wines to South Korea in 2020, with 14,70...
S. KOREA’S RETAIL SALES ROSE BY 6 PERCENT IN JANUARY
Highlights –
- S. Korea’s retail sales rose by 6 percent in January.
- Due to the pandemic more consumers purchased daily necessities from online stores.
- In January, combined sales of 26 major offline and online retailers reached 12...
S. KOREA HOUSEHOLD INCOME FALLS IN Q4 OF 2020 DUE TO PANDEMIC
Highlights –
- S. Korea household income falls in Q4 of 2020 due to pandemic.
- In the Oct-Dec period the average household earned $4,670 per month in 2020.
- In 2020, the wage income fell 0.5 percent and income from business operations by ...
KIA MOTOR UNION AGREE ON TENTATIVE WAGE DEAL DUE TO THE PANDEMIC
Highlights –
- Kia Motor union agree on a tentative wage deal due to the pandemic.
- The company had proposed the wage system, and its 30,000 labor union members accepted the proposal.
- The tentative deal will be put up for a vote next Tue...
S. KOREAN GOVT. LIKELY TO PROVIDE RENTAL ASSITANCE TO SMALL-BUSINESS OWNERS
Highlights –
- S. Korean Govt. likely to provide rental assistance to small-business owners.
- The country is preparing $2.79 billion as funds for 3rd round of emergency cash handouts.
- The country currently provides tax credits on 50% of ...