Korea Bizwire, Author at Be Korea-savvy | Page 148 of 385
Shake Shack Opens Second Korean Outlet after Monumental Success

Shake Shack Opens Second Korean Outlet after Monumental Success

SEOUL, Dec. 14 (Korea Bizwire) – The launch of Shake Shack’s first Korean franchise on the main thoroughfare in Gangnam was met with unparalleled success, with the restaurant attracting an average of 3,000 visitors each day.  The local operator of the franchise, SPC Group, is hoping to keep the momentum afloat by opening a second [...]

Big Spenders at Department Stores on Rise

Big Spenders at Department Stores on Rise

SEOUL, Dec. 14 (Korea Bizwire) – Customers who spend big at the country’s major department stores jumped this year, industry data showed Wednesday, despite a prolonged economic slump here.  The number of wealthy customers at the four stores — Lotte Department Store, Hyundai Department Store, Shinsegae Department Store, and Galleria Department Store — jumped by [...]

S. Korea’s Overseas Food Business Operations Jump 17.6 Pct in 2016

S. Korea’s Overseas Food Business Operations Jump 17.6 Pct in 2016

SEJONG, Dec. 14 (Korea Bizwire) – The number of overseas restaurants, bakeries and cafeterias run by South Korean companies jumped 17.6 percent on-year in 2016 on their efforts to expand overseas business, government data showed Wednesday.  A total of 188 firms operated 5,476 stores in 50 countries as of end-2016, up from 4,656 overseas shops [...]

Parliament Hearing to Focus on Park’s Alleged Inaction during Ferry Disaster

Parliament Hearing to Focus on Park’s Alleged Inaction during Ferry Disaster

SEOUL, Dec. 14 (Korea Bizwire) – South Korea’s National Assembly will hold the third round of hearings on Wednesday to investigate the corruption and influence-peddling scandal involving President Park Geun-hye and her longtime friend.  The session is expected to focus on Park’s alleged inaction and her whereabouts at the time of a deadly ferry disaster [...]

Possible Probe into iPhone Battery Shutdown in S. Korea

Possible Probe into iPhone Battery Shutdown in S. Korea

SEOUL, Dec. 14 (Korea Bizwire) – South Korea’s industrial standardization bureau said Wednesday it is mulling over an investigation into Apple Inc.’s iPhone handsets, which randomly shut down despite battery remaining.  The Korean Agency for Technology and Standards (KATS) said it is looking into the matter as the iPhone 6S battery problem could potentially be [...]

Samsung Laptop Gets Top Marks from U.S. Consumer Reviewer

Samsung Laptop Gets Top Marks from U.S. Consumer Reviewer

SEOUL, Dec. 14 (Korea Bizwire) – A lightweight laptop computer by South Korean tech giant Samsung Electronics Co. has received the best evaluation from a U.S. consumer magazine, beating those by foreign rivals, its publication showed Wednesday.  Samsung’s Notebook 9 clinched the top spot with 77 points out of 100 in the most recent review by [...]

Retailers Offer “Sleep Consulting” for Sleepless Consumers

Retailers Offer “Sleep Consulting” for Sleepless Consumers

SEOUL, Dec. 13 (Korea Bizwire) – One of the newest trends for Korean retailers is “sleep consulting” – a concept store, or a service, providing everything one needs to know to improving quality of sleep.  The Hyundai Department Store in Mokdong, Seoul, was among the first to introduce such an outlet.  Dubbed Beyond Sleep, the [...]

Government Expands Deliberation Period for Students Wanting to Drop Out

SEOUL, Dec. 13 (Korea Bizwire) – The Ministry of Education announced Tuesday that it would expand its deliberation policy for students to better prevent young scholars from making an impulsive decision to drop out of school.  In a nutshell, the system is similar to the legal delay process for couples seeking divorce, which has helped [...]

Politicians Offer Rewards in Search of Key Suspects in Presidential Scandal

Politicians Offer Rewards in Search of Key Suspects in Presidential Scandal

SEOUL, Dec. 13 (Korea Bizwire) – Did a crowdsourcing-manhunt force Woo Byung-woo out of hiding? Woo, an ex-presidential secretary, finally appeared after spending weeks in hiding, and announced Tuesday he would stand before the National Assembly for questioning into his suspected role in Korea’s ongoing corruption scandal.  Woo refused to show up to the December [...]