Articles by Nam Kyung-don
Nam Kyung-don
don@heraldcorp.com-
[Graphic News] No. of S. Koreans living abroad inches up in 2018: ministry
The number of South Korean nationals living overseas rose slightly last year from two years earlier, largely led by increases in Europe and the Asia-Pacific region, a biennial report by the Foreign Ministry showed. The figure stood at 7.49 million at the end of 2018, up 0.85 percent, or 62,899, from the 7.43 million tallied at the end of 2016, according to the report on Koreans living in 180 countries. That compares with a 3.42 percent gain in 2016 and a 2.45 percent increase in 2014. Of the to
Social Affairs Sept. 29, 2019
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[Graphic News] Most imported fake products are Chinese-made: data
Nearly 90 percent of the counterfeit goods found by customs authorities in the last five years were from China, with Louis Vuitton the biggest victim among reputable brands, data showed. The value of imported fake goods uncovered between 2015 and August this year amounted to 1.86 trillion won ($1.55 billion), with 89 percent, or 1.65 trillion won, from China, according to data from the Korea Customs Service obtained by Rep. Hong Il-pyo. Louis Vuitton was on top among counterfeited brands
Social Affairs Sept. 26, 2019
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[Graphic News] S. Korea on high alert over African swine fever epidemic
South Korea confirmed its fifth case of African swine fever on Tuesday, even as 15,000 pigs have been culled since the first case was reported on Sept 17. The ASF epidemic has led to millions of pigs being culled since last year in Asia. In May, the UN Food and Agricultural Organization said pork prices had risen by up to 50 percent both in China and on the Chicago Mercantile Exchange as a result of the outbreak of ASF which was first detected in Asia in August last year. Last month, it said
World News Sept. 25, 2019
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[Graphic News] Number of drug offenders on the rise: data
The number of drug offenders in South Korea has been increasing gradually, data showed. According to data obtained from the National Police Agency by Rep. Kim Young-ho for a parliamentary inspection, 40,182 people were arrested for drug offences between 2015 and the first half of this year. This consisted of 7,302 arrested in 2015, 8,853 in 2016, 8,887 in 2017, 8,107 last year and 7,033 in the first half of this year. (Yonhap)
Social Affairs Sept. 24, 2019
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[Graphic News] ‘N. Korea’ springs to mind first as DMZ image: survey
When people think about the inter-Korean DMZ, North Korea comes to mind first, according to a survey. Of the 500 South Koreans, 150 Chinese and 150 German respondents, 7.5 percent of respondents replied “North Korea” when asked what first comes to mind in relation to the 4-kilometer-wide area that separates the two Koreas. The “truce line” came next with 6.8 percent, followed by “inter-Korean division,” “mines” and “peace.” The surve
North Korea Sept. 23, 2019
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[Graphic News] Biggest buyers of Saudi Arabian oil
Yemen’s Iran-aligned Houthi group last week attacked two plants at the heart of Saudi Arabia’s oil industry in a strike that could impact about 5 million barrels per day of crude production - close to half of the kingdom’s output, or 5 percent of global oil supply. The Saudis are the world‘s biggest oil exporters, sending more than 7 million barrels of crude to numerous destinations around the globe every day - equal to nearly one-third of exports by t
World Business Sept. 22, 2019
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[Graphic News] S. Korean beer imports from Japan plunge 97%
South Korean imports of Japanese beer slumped almost to zero last month in the face of a consumer boycott sparked by a bitter trade and historical dispute between Seoul and Tokyo, data showed. Japanese companies shipped $223,000 worth of beer to South Korea in August, figures from the Korea Trade Statistics Promotion Institute showed - down 97 percent from $7.57 million last year. Before the trade spat Japanese beer had long been South Koreans' favorite alternative to their country’s own
Business Sept. 19, 2019
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[Graphic News] Aramco is the biggest oil firm in the world
Drones attacked the world’s largest oil processing facility in Saudi Arabia and a major oilfield operated by Saudi Aramco last weekend. Aramco is the biggest energy company in the world. It produces and exports more than 9.5 million barrels of Saudi Arabia’s oil per day to consumers around the world, primarily in Asia.
World Business Sept. 18, 2019
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[Graphic News] North Korea world’s 2nd most censored country
North Korea is the world’s second-most censored country, an international press freedom group said in a recent report, calling Pyongyang’s media a state “mouthpiece.” Access to the internet is restricted to the political elite, with some schools and state institutions having access to a tightly controlled intranet, according to the report. The African country of Eritrea topped the list. The evaluation was based on a number of benchmarks, including the absence of private
World News Sept. 17, 2019
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[Graphic News] S. Koreans hold W61.5tr in overseas accounts
South Korean individuals and corporations held a combined 61.5 trillion won ($51.5 billion) worth of wealth in overseas accounts this year, down 7.4 percent from a year earlier, the country’s tax agency said. The National Tax Service said 696 corporate entities held 55.1 trillion won in June, compared with 551 companies with 59.5 trillion won in overseas accounts a year earlier. The corporations held the largest amount, 14.81 trillion won, in their accounts in Japan, with their accounts i
Market Sept. 16, 2019
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[Graphic News] Seoul now world’s 9th safest city
South Korea’s capital Seoul has ranked as the world’s ninth safest city, according to a recent report. Tokyo took the No. 1 spot in the Economist Intelligence Unit’s ranking for the third time running, while Singapore and Osaka maintained their respective footholds in second and third. The index ranks 60 cities across five continents, examining digital, health, infrastructure and personal security factors to assess overall urban safety. (Bloomberg)
World News Sept. 15, 2019
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[Graphic News] Bangkok world’s most visited city again
Bangkok was the world’s most-visited city in 2018 for the fourth consecutive year, ahead of Paris and London, according to a ranking compiled by Mastercard. Thailand’s capital hosted more than 22 million international overnight travelers, Mastercard’s latest Global Destination Cities Index shows. Seoul ranked No. 11 with 11.25 million visitors. Rankings are based on the number of overnight visitors. The average Bangkok stay was 4.8 nights. (Bloomberg)
Travel Sept. 11, 2019
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[Graphic News] Credit card firms’ H1 net dips on decline in commission fees
South Korea’s credit card firms saw their combined earnings fall in the first half, hit by a decline in credit card processing fees, data showed. The combined net profit of eight card issuers, including Shinhan Card, Samsung Card and KB Kookmin Card, came to 940.5 billion won ($789 million) in the January-June period, down 2.7 percent from a year earlier, according to data released by the Financial Supervisory Service. Earlier this year, the government cut credit card processing fees to
Business Sept. 10, 2019
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[Graphic News] Nearly half of S. Korean population to be aged 65 or older by 2067
The proportion of people in South Korea aged 65 years or older could increase sharply amid a rapidly aging population, the country’s statistics agency said. Statistics Korea forecast that the country’s population is likely to fall to 39 million in 2067, sharply down from 51.7 million in 2019. It said people aged 65 years or older could account for 46.5 percent of the country’s population, which marks a sharp rise from the current 14.9 percent. In comparison, the world’s
Social Affairs Sept. 9, 2019
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[Graphic News] Pirated content increasing on YouTube
A state copyright agency found a total of 8,833 YouTube videos so far this year to be illegally copied content that violates copyrights here, marking a sharp rise from last year, data from the agency showed. The number of pirated videos, detected through Aug. 14, is similar to 8,880 cases found for the whole of last year, according to data that the Korea Copyright Protection Agency submitted to Rep. Noh Woong-rae of the ruling Democratic Party, chairman of the parliamentary committee on science
National Sept. 8, 2019
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