SEOUL, March 28 (Korea Bizwire) – The Turkish unit of the e-commerce platform run by South Korea’s SK Planet Co. eclipsed its rivals in terms of turnover for the second consecutive year in 2016 on the back of brisk growth in visitors and merchandise sold, the company said Tuesday. N11, the Turkish version of 11st, [...]
SEOUL, March 19 (Korea Bizwire) – Strolls around so called bookstore allies, which refer to quaint and exotic areas typically surrounding old bookstores, are fast becoming the next big thing in South Korea. For those who could use a digital detox after a week dominated by the overuse of smartphones and PCs, jumping on the bandwagon [...]
SEOUL, March 17 (Korea Bizwire) – With China taking a hard line against South Korea amid the ongoing political dispute over the THAAD missile defense system, South Korean companies are beginning to divert their attention towards Southeast Asian countries that offer more certainty and stability for their business. Companies from East Asian countries – namely [...]
TAEBEK, April 15 (Korea Bizwire) – The two locations where the epic Korean drama ‘Descendants of the Sun‘ was filmed, Taebek and Zákinthos (Greece), have entered an agreement for cooperation and exchange. Taebaek announced the joyous occasion after inking the agreement with the city of Zákinthos. ‘Descendants of the Sun’, a Korean drama which gave viewers all [...]
SEJONG, April 15 (Korea Bizwire) – The Ministry of Maritime Affairs and Fisheries announced that a group of Korean scientists had observed part of the Nansen ice shelf breaking off. Ice shelves are vast expanses of ice floating in the ocean. They are usually 100 to 900 meters thick. The Nansen ice shelf is located 50 [...]
SEOUL, April 15 (Korea Bizwire) – Samsung Display Co., a flat panel maker under Samsung Group, will supply its organic light-emitting diode (OLED) display panels to Apple Inc. starting next year, industry sources said Friday. Under the deal, Samsung Display will supply around 100 million units of 5.5-inch panels annually, with the value being estimated at 3 [...]
SEOUL, April 15 (Korea Bizwire) – Investors have pumped in more cash in bond funds than stock funds so far this year as they seek more stable returns, a fund rating and consulting company said Friday. Domestic bond-focused funds have seen a cash inflow of 1.37 trillion won (US$1.2 billion) this year through April 12, KG Zeroin [...]
SEOUL, April 15 (Korea Bizwire) – Kia Motors Corp., South Korea’s No. 2 carmaker, said Friday that it plans to showcase its Niro hybrid SUV at a motor show to be held in China later this month in a bid to test customer response ahead of its official launch there. The Niro crossover SUV will be displayed [...]
SEOUL, April 15 (Korea Bizwire) – A Chilean university has launched a course on the study of the Korean language as learning Korean appears to be the latest craze among Chileans, the South Korean Embassy in Santiago said Thursday. The Virginio Gomez Professional Institute, affiliated with the University of Concepcion, located in Chile’s second-largest city [...]
SEJONG, April 15 (Korea Bizwire) – South Koreans’ meat consumption has increased a large extent for the past few decades but still lags far behind the average intake of other advanced countries, a government report showed Friday. According to the report from the Ministry of Agriculture, Food and Rural Affairs, the country’s annual per-capita consumption [...]