Articles by Nam Kyung-don
Nam Kyung-don
don@heraldcorp.com-
[Graphic News] Some 84 percent of newspapers, magazines in crisis due to pandemic: survey
Around 84 percent of local newspapers and magazines have experienced severe business difficulties due to the new coronavirus pandemic, a recent survey showed. According to the survey published by the Korea Press Foundation, 33.4 percent of newspaper and magazine companies said the management crisis was very severe, while 50.8 percent answered it was somewhat severe. Only 13.3 percent of respondents said the crisis was not that severe, while a mere 2.5 percent, most of which identified a
Business Dec. 4, 2020
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[Graphic News] 1 in 5 US adults would get COVID-19 vaccination ASAP: poll
One in 5 US adults, aged 50 to 80, would like to get vaccinated for COVID-19 right away, a new poll found. Another 46 percent would also like to get the COVID-19 vaccine, but would first wait until others receive it, according to the National Poll On Healthy Aging from the University of Michigan. Nearly half were also worried about the safety of a vaccine that is developed quickly. Twenty percent were unsure about getting the vaccination, and 14 percent did not want to get vaccin
World Dec. 3, 2020
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[Graphic News] S. Korea ranks 4th best place to be during pandemic
South Korea has been ranked 4th among 53 countries in the world that have handled the coronavirus pandemic most effectively, according to a COVID Resilience Ranking by Bloomberg. South Korea received a resilience ranking of 82.3. The report scores economies of more than $200 billion on 10 key metrics: From growth in virus cases to the overall mortality rate, testing capabilities and the vaccine supply agreements places have forged. The capacity of the local health care system, the impact
World Dec. 2, 2020
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[Graphic News] Alcohol imports drop for 1st time in 10 years in 2019
South Korea‘s alcohol imports fell for the first time in 10 years in 2019, amid a boycott of Japanese beer due to a bilateral trade row, data showed. South Korea’s liquor imports came to 466,000 kiloliters in 2019, down 6 percent from the previous year, according to data from the Korea Customs Service and local alcohol industry. It represents the first on-year decrease since 2009, shortly after the global financial crisis. Last year’s decline was attributed mainly to
Business Dec. 1, 2020
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[Graphic News] Samsung takes one-third of global TV market in Q3: report
Samsung Electronics remained the world's leading TV vendor in the third quarter of the year, a report showed, as it accounted for one-third of the market amid the pandemic. The South Korea tech giant had an all-time high 33.1 percent market share in the global TV market in the July-September period in terms of revenue, according to data from industry researcher Omdia. Samsung sold $9.3 billion worth of TVs in the third quarter, up 22 percent from a year earlier, the data showed.
Business Nov. 30, 2020
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[Graphic News] Elon Musk overtakes Bill Gates to grab world‘s 2nd-richest ranking
Tesla co-founder Elon Musk passed Bill Gates to become the world’s second-richest person. The 49-year-old entrepreneur‘s net worth soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price. Musk has added $100.3 billion to his net worth this year, the most of anyone on the Bloomberg Billionaires Index, a ranking of the world‘s 500 richest people. In January he ranked 35th. His advance up the wealth ranks has been driven largely by
World Nov. 27, 2020
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[Graphic News] KT maintains top spot in pay TV market in H1: data
KT, a South Korean telecom giant, and its affiliate had the most number of pay TV subscribers in the country in the first half of this year, maintaining the top status in terms of market share, ministry data showed. The mobile carrier and its satellite TV unit KT Skylife had a combined 31.4 percent share of the market, or 10.7 million subscribers, in the January-June period, followed by LG Uplus and its pay TV unit LG HelloVision at a total 25.1 percent, according to the Ministry of Scien
Business Nov. 26, 2020
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[Graphic News] No. of S. Korean students in US shrinks amid pandemic
The number of South Korean students in the United States dropped this year, a US report showed, amid the coronavirus pandemic that has led to a plunge in the number of travelers between the two countries. However, the number of US students in Korea has jumped sharply over the same period, according to the report from the US State Department. In the 2019-2020 school year, the number of Korean students enrolled in US schools came to 49,809, down 4.7 percent from a year earlier, according
World Nov. 25, 2020
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[Graphic News] Paris, Zurich and HK world’s most expensive cities
Paris and Switzerland’s Zurich tied Hong Kong as the world’s most expensive cities this year as the COVID-19 pandemic impacted the prices of everyday items, according to a report from the Economist Intelligence Unit. Singapore fell to fourth place as foreign workers left the country after losing their jobs. The research was based on the prices of 138 everyday goods and services in around 130 cities worldwide.
World Business Nov. 24, 2020
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[Graphic News] 1 in 3 Koreans picks COVID-19 outbreak as No. 1 social anxiety factor
One in 3 South Koreans picked the outbreak of a new disease as the biggest source of social anxiety this year, a survey showed, underscoring people‘s jitters over the new coronavirus pandemic. The poll by Statistics Korea showed that 32.8 percent of those surveyed said they considered the outbreak of a new disease to be the biggest threat to society, sharply up 29.9 percentage points from 2.9 percent tallied two years earlier. Regardless of sex, age, education and income levels, t
National Nov. 23, 2020
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[Graphic News] Half of people in S. Korea’s rural areas aged 65 and older in 2019
Nearly half of the population in South Korea’s farming areas was aged 65 and older last year as younger people flocked to cities for education and jobs, data showed. The portion of those aged 65 and above accounted for 46.6 percent of the total population residing in rural areas last year, sharply up from 4.9 percent in 1970, according to Statistics Korea. The number of people engaged in the farming industry came to 2.25 million in 2019, down 84.4 percent from 14.42 million in 197
National Nov. 20, 2020
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[Graphic News] Exports of instant noodle, kimchi on rise amid pandemic
South Korea’s exports of instant noodles and kimchi products rose sharply in the first nine months of the year on the back of rising demand for ready-to-eat meals and healthy foodstuffs amid the new coronavirus pandemic, data showed Monday. Outbound shipments of instant noodles jumped 36.3 percent on-year to $456 million during the January-September period, while those of kimchi jumped 38.5 percent to $109 million over the cited period, according to the data compiled by the Ministry
Business Nov. 19, 2020
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[Graphic News] Salaried employees work 8.05 hours per day
Salaried employees in South Korea work for 8.05 hours on average per work day, a poll showed. According to the survey of 1,000 workers aged between 19 and 55 by local pollster Embrain Public, 811 respondents said they stay at work for more than 8 hours per weekday, with 54.7 percent of them saying their overtime is caused by excessive workload. Another 30 percent said they work longer than 8 hours to earn more, while 15.3 percent said they are forced by employers to work late. Notably,
National Nov. 18, 2020
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[Graphic News] Over 60% of N. Koreans live in urban areas
North Korea’s urban population increased this year compared with five years ago, with more than 60 percent of its total population now living in urban areas, though the figure is still one of the lowest in the region, a UN report showed. According to the “World Cities Report” by UN-Habitat, the number of North Koreans living in urban areas, including the capital city of Pyongyang, came to 16.12 million as of midyear, accounting for 62.4 percent of the total population, u
North Korea Nov. 17, 2020
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[Graphic News] Ratio of babies born to multicultural families hits new high in 2019
The proportion of babies born to multicultural families out of all childbirths in South Korea reached an all-time high in 2019 due to the country‘s low birthrate, government data showed. The number of babies born to multicultural married couples came to 17,939 last year, down 0.8 percent from a year earlier and accounting for 5.9 percent of total newborns in the country, according to the data from Statistics Korea. The number decreased for seven years running last year after peaki
National Nov. 16, 2020
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