Articles by Nam Kyung-don
Nam Kyung-don
don@heraldcorp.com-
[Graphic News] S. Korea becomes top exporter of 77 products in 2017: KITA
South Korea became the No. 1 exporter of 77 products in 2017, a local trade organization showed, on the back of improved performance from the petrochemicals industry. According to the Korea International Trade Association, the number of products enjoying a top market share shipped from Asia’s fourth-largest economy grew from 68 in 2015 and 71 tallied for 2016. China had the highest number of products that topped the global market at 1,720, followed by Germany with 693 and the United States with
World Business March 27, 2019
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[Graphic News] Global hearable market to grow quickly
The world market for wireless hearables is expected to grow quickly over the next two years thanks to the popularity of Apple’s AirPod, an industry report said. The global market is estimated to reach 129 million units by 2020, compared with about 46 million units last year, according to a report from industry tracker Counterpoint Research. The report, however, didn’t provide an estimate for this year’s global sales. The research firm said Apple’s upcoming second-generation AirPod and similar e
World Business March 26, 2019
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[Graphic News] Number of marriages lowest in over 40 years
The number of marriages in Korea has dropped to the lowest level in more than 40 years in 2018, as young people delay marriage amid a weak economic picture, according to government data. The number of couples tying the knot came to 257,622 in 2018, compared with 264,455 in 2017, according to Statistics Korea. The figure is the lowest since 1972, when the number of couples who got married came to 244,780. Some young people delay marriage, or give up on marriage altogether, and having babies as t
Social Affairs March 25, 2019
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[Graphic News] Growth of medicine side effects slows in 2018
South Korea saw reports of medication side effects gain about 2 percent in 2018, although their rate of growth slowed sharply from the prior year, data showed. Local health authorities handled 257,438 cases of side effects from taking medicine last year, up 1.9 percent from the previous year, according to data from the Korea Institute of Drug Safety & Risk Management. By drug, aspirin, phenacetin and caffeine had the largest reports of side effects with 36,321 cases (14.1 percent), followed by
Technology March 24, 2019
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[Graphic News] Seoul ranks 7th most expensive city for expats
Paris has climbed to the top of the world‘s priciest city for expatriates, tied first with Singapore and Hong Kong according to a survey that named the capital of strife-torn Venezuela as the cheapest. South Korea’s capital city Seoul ranked as the seventh most expensive city. The average price of 1 kilogram of bread was found to be $15.59, while in Singapore it was $3.40. Currency appreciation, inflation and devaluation as well as political upheaval played a part in this year’s rankings, said
World Business March 21, 2019
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[Graphic News] Counseling for twilight divorce increasing rapidly
A growing number of couples over the age of 60 are applying for divorce counseling, data released by a provider of free legal consultation services showed. The Korea Legal Aid Center for Family Relations said it handled 4,653 clients who wanted help with divorce last year, with women accounting for 70.7 percent, or 3,288, and men for the remaining 29.3 percent. Of them, people over 60 years old accounted for 23.5 percent of female divorce counselees and 36.3 percent of male clients, the center
Social Affairs March 20, 2019
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[Graphic News] 1 in 4 Korean students overweight
A quarter of young South Korean students were obese or overweght, the Ministry of Education said. According to data compiled from a survey of 108,000 elementary, middle and high school students conducted nationwide last year, 10.6 percent of them were overweight and the remaining 14.4 percent were obese. Those with a body mass index of over 23 were counted as overweight and those with BMIs of 25 or more were considered obese. The percentage of overweight and obese students has continued to rise
Social Affairs March 19, 2019
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[Graphic News] Number of gas stations drops for 4th year in 2018
The number of gas stations in South Korea dropped for the fourth straight year in 2018, amid worsening profitability facing the industry, data have showed. As of end-December, 11,769 gasoline stations were operating across the country, down 196 from a year earlier, according to data from the Korea Petroleum Quality & Distribution Authority. It marked the fourth consecutive year of annual decline. An annual average of 149 gas stations have been shuttered over the past four years.
Social Affairs March 18, 2019
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[Graphic News] Private education costs up 4.4% in 2018
South Korea’s total spending on private tuition for children came to about 19.5 trillion won ($17.2 billion) in 2018, up 4.4 percent from a year earlier, government data showed. The data compiled by Statistics Korea showed that 72.8 percent of 5.58 million students across the country received private tutoring and other extracurricular activities in 2018.
Social Affairs March 17, 2019
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[Graphic News] Bezos, Gates still top world’s ultrarich: Forbes
Jeff Bezos remains the world’s richest person, ahead of Bill Gates and Warren Buffett, according to the latest Forbes list of the ultrarich, while far behind President Donald Trump jumped 51 spots in the ranking. While things are largely stable up on top of the list, Facebook founder Mark Zuckerberg dropped three spots and former New York Mayor Michael Bloomberg rose by two. According to the list announced by Forbes, the riches of Bezos have swelled by $19 billion in one year and he is now wort
World Business March 14, 2019
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[Graphic News] 50,000 women a year killed by intimate partners
More than half of women murdered worldwide last year were killed by intimate partners or family members, according to the United Nations Office on Drugs and Crime. Data found that of 87,000 women intentionally killed worldwide in 2017, 58 percent -- 50,000 women -- were killed by intimate partners or family members. The numbers show a substantial increase from the UN’s 2012 Global Study on Homicide, which found 48,000 women were killed by their family members or intimate partners, accounting f
World News March 13, 2019
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[Graphic News] The nations grounding their Boeing 737s
A number of countries grounded Boeing’s 737 MAX 8 medium-haul workhorse jet on Monday in response to an Ethiopian Airlines crash that killed all 157 people on board. The Nairobi-bound plane was the same type as the Indonesian Lion Air jet that crashed in October, killing 189 passengers and crew - with some detecting similarities between the two accidents. There are some 350 of the 737 MAX 8 planes currently in service around the world and while some countries and airlines have opted to ground t
World News March 12, 2019
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[Graphic News] World's dirtiest air is in India
Seven of the top 10 most polluted cities in the world are in India, according to a new study showing South Asia’s battle with deteriorating air quality and the economic toll it’s expected to take worldwide. Gurugram, located southwest of India’s capital New Delhi, led all cities in pollution levels in 2018, even as its score improved from the previous year, according to data released by IQAir AirVisual and Greenpeace. Three other Indian cities joined Faisalabad, Pakistan, in the top five. The i
World News March 11, 2019
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[Graphic News] Foreign patients report satisfaction with S. Korean medical services
Foreigners visiting South Korea for medical treatment are largely satisfied with the services they receive, a poll showed. Foreign patients gave an average rating of 90.5 out of 100 for the level of care they received in 2018, with numbers generally climbing over the years, according to the Ministry of Health and Welfare. Patients from Russia gave the Korean health care industry the highest rating at 94.4, followed by those from the United States at 91.8 and those from China at 90.1, the latest
Technology March 10, 2019
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[Graphic News] S. Korea's overseas direct purchases up 31%
South Korea’s direct purchases from foreign countries rose 31 percent in 2018 from a year earlier on rising consumer demand for cheaper and higher quality products, customs data showed. South Korean shoppers bought a total of $2.75 billion worth of foreign goods directly via overseas internet shopping malls in 2018, compared with $2.11 billion tallied a year earlier, according to the data compiled by the Korean Customs Service. The number of overseas direct purchases jumped 37 percent on-year t
Business March 7, 2019
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