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Convenience Stores Popular Attractions for Chinese Tourists

Convenience Stores Popular Attractions for Chinese Tourists

SEOUL, Nov. 8 (Korea Bizwire) — For Chinese tourists visiting South Korea, there are must-haves that they need to buy at South Korea’s omnipresent convenience stores. CU, a major convenience store franchise, said Chinese tourists bought Binggrae Co.’s Banana-flavored Milk the most, followed by Crami Crab Sticks, Nongshim Co.’s Shin Ramyun Black Cup Noodles, herbal [...]

Korean Food Gaining Popularity Online in China

Korean Food Gaining Popularity Online in China

SEOUL, Nov. 8 (Korea Bizwire) — Popular South Korean food products are gaining ground in the Chinese online food market. Online direct purchasing, where customers buy products directly from sellers rather than through agents, is becoming extremely popular among Chinese consumers interested in Korean food products. The Korea Agro-Fisheries and Food Trade Corp. (aT) announced [...]

South Korea and Japan to Take ‘Public Fund-Supported Shipbuilding Industry’ Case to WTO

South Korea and Japan to Take ‘Public Fund-Supported Shipbuilding Industry’ Case to WTO

SEOUL, Nov. 7 (Korea Bizwire) — The Japanese government has moved forward with dispute settlement procedures at the World Trade Organization (WTO) regarding allegations that South Korea’s shipbuilding industry is being supported by government funds. Kim Deuk-hwan, the deputy spokesperson for the South Korean Ministry of Foreign Affairs, said at a regular briefing on Tuesday [...]

Garosu-gil Transforming into New Mecca for Millennials and Gen Zers

Garosu-gil Transforming into New Mecca for Millennials and Gen Zers

SEOUL, Nov. 6 (Korea Bizwire) — Garosu-gil, a short stretch of road that was once a gathering place for fashionistas, is now attracting a younger crowd including millennials and Generation Zers (Gen Z for short) who are out to seek new fads. Millennials make up the population who were born between the early 1980s and [...]

Everland Goes ‘Smart’ with IT Technology

Everland Goes ‘Smart’ with IT Technology

SEOUL, Nov. 5 (Korea Bizwire) — Everland, the amusement park operating unit of Samsung C&T Corp., is incorporating cutting-edge information technology to amusement facilities and customer service to provide smart access to visitors. Samsung C&T announced on Sunday the launch of the Samsung Galaxy Friends program for Everland in collaboration with Samsung Electronics. The program [...]

Pharmaceutical Companies Fail to Meet Sales Permit Conditions

Pharmaceutical Companies Fail to Meet Sales Permit Conditions

SEOUL, Nov. 5 (Korea Bizwire) — Pharmaceutical companies are facing controversy as they were found to be avoiding manufacturing certain medicines for which authorities issued sales permits upon condition that they would be used for clinical trials on patients, if market reaction was ‘not good enough’. Rep. Jang Jeong-sook of the ruling Democratic Party, a [...]

Smaller Manufacturers Log Biggest Output Drop in 9 Years

Smaller Manufacturers Log Biggest Output Drop in 9 Years

SEJONG, Nov. 5 (Korea Bizwire) — Small and midsize manufacturing firms in South Korea have suffered the sharpest drop in output in nine years in 2018 due mainly to a slump in the country’s automaking and shipbuilding sectors, government data showed Monday. Production by smaller manufacturers with fewer than 300 employees shrank 4.3 percent on-year [...]