SEOUL, March 23 (Korea Bizwire) – Korean food products are turning out to be hugely popular in the Chinese market, and exports of processed foods have almost doubled over the past five years. Korean processed food exports are now worth almost five percent of the Chinese imported food market. According to a report issued by [...]
SEOUL, March 23 (Korea Bizwire) – South Korea’s top asset manager Mirae Asset Financial Group said Wednesday it will not bid for Hyundai Securities Co. to focus on completing its latest takeover deal, leaving KB Financial Group and Korea Investment Holdings Co. as strong candidates in the final auction scheduled for this Friday. Mirae Asset has [...]
SEJONG, March 23 (Korea Bizwire) – South Korea is on the threshold of becoming an aged society, with the share of senior citizens aged 65 or older in the nation’s population topping 13 percent last year, data showed Wednesday. According to the data by Statistics Korea, 13.1 percent of South Korea’s 50.62 million population were [...]
SEOUL, March 23 (Korea Bizwire) – Food companies have started to cut down the sugar levels in their products to match consumer awareness of the substance blamed for rising obesity, industry officials said Wednesday, in step with government moves to reduce its intake through state-level measures. According to LinkAztec, a market research company, the business-to-consumer (B2C) [...]
JEJU, March 23 (Korea Bizwire) – Electric vehicles (EVs) are not a thing of the future anymore but a reality, and this is what people might have in mind when they see diverse green car models on display at an expo underway in this island. Many still could not shake thinking about the fact that there [...]
ASAN, March 23 (Korea Bizwire) – A story of college students majoring in theater donating proceeds from one of their plays to contribute to the production of the movie “Spirits’ Homecoming” was recently revealed to the public. According to Hoseo University and a project team called Dandi, students majoring in theater staged the play ‘Homecoming’, [...]
TAEBAEK, March 23 (Korea Bizwire) – The city of Taebaek is rising as a new tourist hotspot after it was revealed as one of the locations featured in the hit Korean drama ‘Descendants of the Sun’. According to city officials, many curious Koreans and travel agencies have been inquiring about travel to the region. The ‘Descendants [...]
A compilation of scenes from the popular TV series “Descendants of the Sun” (Image : Yonhap) SEOUL, March 23 (Korea Bizwire) – South Korea’s TV hit “Descendants of the Sun” has become the most-searched latest TV series on a U.S.-based global video-streaming site in the Americas, the service said Wednesday. The 16-episode series has been [...]
SEOUL, March 23 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co. will provide foreign visitors here with an opportunity to experience its services free of charge, company officials said Wednesday. In the “Enjoy Mobile Korea” program, 250 foreigners arriving in South Korea will be able to use unlimited voice calling services and up [...]
SEOUL, March 23 (Korea Bizwire) – Ssangyong Motor Co., owned by India’s auto giant Mahindra & Mahindra, said Wednesday that it has received over 2,200 preorders for the Tivoli Air since its debut earlier this month. The Tivoli Air is a long-body version of its popular Tivoli crossover sport utility vehicle, which led its domestic [...]