September 4, 2023

Online shopping up 9.1 pct on soaring travel demand

Online shopping in South Korea increased 9.1 percent on-year in July from a year earlier, data showed Monday, as the demand for travel services continues to recover to pre-pandemic normalcy.The value of online shopping transactions amounted to 18.9 tr…

Banks’ average capital ratio inches up in Q2

South Korean banks saw their financial health improve in the second quarter from three months earlier despite a rise in risk-weighted assets largely thanks to their quarterly net profit and additional issuance of subordinated bonds, preliminary data s…

S. Korea’s cybersecurity market increases nearly 17 pct in 2022

South Korea’s information security market expanded nearly 17 percent last year from a year earlier thanks to sharp growth in cloud and network security services, government data showed Monday.The total sales of the country’s cybersecurity industry rea…