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Seoul to Unveil Plans for Arrival Duty-free Shops

Seoul to Unveil Plans for Arrival Duty-free Shops

SEOUL, Sept. 21 (Korea Bizwire) — The government plans to unveil a set of measures to open duty-free shops in arrival terminals later this month at the earliest part of its effort to reduce discomfort experienced by tourists and boost domestic consumption, the finance ministry said Friday. The measures would come after President Moon Jae-in [...]

Cigarette Sales Down 1.1 pct on Campaign, Higher Prices

Cigarette Sales Down 1.1 pct on Campaign, Higher Prices

SEJONG, Sept. 19 (Korea Bizwire) — Sales of cigarettes in South Korea declined 1.1 percent in the first eight months of 2018 from a year earlier due to a government-led anti-smoking campaign and higher prices, data showed Wednesday. South Korean smokers purchased 2.31 billion 20-cigarette packs in the January-August period, compared with the previous year’s [...]

Major Hotels Record More Reservations for Chuseok Holiday

Major Hotels Record More Reservations for Chuseok Holiday

SEOUL, Sept. 19 (Korea Bizwire) — Major hotels in Seoul have seen their reservation rates rise for the upcoming Chuseok holiday thanks to a new trend of spending the autumn harvest celebration in the nation’s capital, industry sources said Wednesday. Chuseok is the Korean equivalent of Thanksgiving Day and is one of the country’s biggest [...]

Delivery Apps Evolve Further, Expanding to Provide Total Business Solutions

Delivery Apps Evolve Further, Expanding to Provide Total Business Solutions

SEOUL, Sept. 18 (Korea Bizwire) — Having started out as platforms to connect restaurants with consumers, smartphone delivery apps are now attempting to make a big leap by becoming providers of total solutions in the restaurant industry. In addition to their existing advertisement and delivery services, these platforms are expanding their horizons to include services like [...]

Kakao Begins Providing ‘Unsend’ Feature

Kakao Begins Providing ‘Unsend’ Feature

SEOUL, Sept. 17 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s No. 1 mobile messenger KakaoTalk, on Monday kicked off its “unsend” feature that allows users to delete missent messages on its messaging app. Users can delete most mistakenly sent messages, photos, videos or emojis, whether they were read or not by the recipient, within [...]

GS Retail Unveils ‘Smart Convenience Store’

GS Retail Unveils ‘Smart Convenience Store’

SEOUL, Sept. 17 (Korea Bizwire) — GS Retail Co., a major South Korean retailer, said it opened a “smart convenience store” using a face recognition system and other technologies Monday amid local retail firms’ race to automation. The company launched its convenience store chain GS25 outlet at the headquarters of LG CNS, the information technology [...]

Convenience Stores Play Role of “Eatery” and “Pharmacy” During Major Holidays

Convenience Stores Play Role of “Eatery” and “Pharmacy” During Major Holidays

SEOUL, Sept. 17 (Korea Bizwire) — Convenience stores situated in the nation’s leading industrial complexes were found to be playing the dual role of restaurant and drugstore during the nation’s major holidays, providing food and medicine to those unable to return to their hometowns. The National Convenience Store Association announced today that the sales ratio [...]

Women Prefer Bottled Drinks, Men Prefer Smaller Canned Drinks: Survey

Women Prefer Bottled Drinks, Men Prefer Smaller Canned Drinks: Survey

SEOUL, Sept. 17 (Korea Bizwire) — The previous world record for the greatest number of people simultaneously performing the ice A new survey has found that women are more likely to purchase larger-sized beverages than men at convenience stores. According to an analysis conducted by GS Retail, the operator of the convenience store chain GS [...]