Korea Bizwire, Author at Be Korea-savvy | Page 152 of 299
Korean Gov’t to Set up Tobacco Institute

Korean Gov’t to Set up Tobacco Institute

SEOUL, April 9 (Korea Bizwire) – South Korea’s health ministry will establish a special institute to assess tobacco product risks by analyzing their ingredients and the smoke they produce. According to an April statement from the Ministry of Health and Welfare, the “National Institute of Harmful Effects of Smoking” will be established under the Korea [...]

Sales of Large-sized Washers Increase Thanks to Enhanced Space Efficiency

Sales of Large-sized Washers Increase Thanks to Enhanced Space Efficiency

SEOUL, April 9 (Korea Bizwire) – The most popular size of full-automatic top-loading washing machines has increased to over 16kg thanks to their increased performance and enhanced space efficiency. According to Hi-Mart, an electronics retailer in Korea, sales of large washing machines with load capacities of more than 16kg have accounted for almost 50 percent [...]

Economic Stagnation Widens Gap among Retailers

Economic Stagnation Widens Gap among Retailers

SEOUL, April 9 (Korea Bizwire) – The deepening economic stagnation has clearly shown the disparity between consumption patterns. As expenditures from the middle and lower classes decrease, retailers are targeting the upper class to attract more spending. Due to the prolonged economic slump, members of the middle and lower classes have been reluctant to open [...]