SEOUL, Nov. 13 (Korea Bizwire) — Bornga and Saemaeul Restaurant are some of the more popular Korean restaurant brands frequently visited by South Korean tourists and local residents alike in many countries around the globe for a taste of popular Korean dishes seen on Korean TV shows. And Paik Jong-won, a more popular TV personality [...]
SEOUL, Nov. 13 (Korea Bizwire) – HS Hyosung Corp. Vice Chairman Cho Hyun-sang has been appointed to head the business advisory council of the Asia-Pacific Economic Cooperation (APEC), the Korean Chamber of Commerce and Industries (KCCI) said Wednesday. Cho was unanimously elected as chair of the 2025 APEC Business Advisory Council (ABAC) at the fourth [...]
SEOUL, Nov. 12 (Korea Bizwire) – A new report suggests that South Korean companies should proactively secure logistics infrastructure in the southeastern United States and along the U.S. borders with Canada and Mexico, anticipating these regions’ emergence as key global supply chain hubs under a potential second Trump administration. The Korea Chamber of Commerce and Industry [...]
SEOUL, Nov. 12 (Korea Bizwire) – In a major development for South Korea’s entertainment industry, Shinsegae Group, led by Chairman Chung Yong-jin, has announced plans to partner with U.S. entertainment conglomerate Paramount to create a massive international theme park, marking Paramount’s first such venture outside North America. The 4.57 trillion won project, named Star Bay City, [...]
SEOUL, Nov. 12 (Korea Bizwire) – Controversy has erupted after Eric, a member of K-pop group The Boyz, mistakenly shared photos of condoms packaged to look like Pepero snacks on social media, prompting an apology from the condom manufacturer Bareun Saenggak. The incident occurred on November 11 when Eric posted a handwritten letter to fans for [...]
SEOUL, Nov. 11 (Korea Bizwire) – South Korea directed 43% of its overseas investments to the United States last year, marking the highest proportion since 1988, as bilateral trade relations reached new heights. The surge comes amid record trade surpluses with the U.S., where intermediate goods like raw materials and components account for half of South [...]
SEOUL, Nov. 11 (Korea Bizwire) – In a bid to attract pop culture enthusiasts, South Korea’s leading department stores are hosting exclusive pop-up stores featuring iconic entertainment franchises. Lotte Department Store is showcasing “Dragon Ball,” while Shinsegae Department Store features “Arcane Season 2,” the animated series based on the popular game “League of Legends.” Lotte Department [...]
SEOUL, Nov. 11 (Korea Bizwire) – In South Korea’s fiercely competitive coffee market, where a “coffee war” is in full swing, Coffee Bean leads major franchises with the highest prices, charging 5,000 won for an Americano. For context, the true price ceiling in South Korea’s coffee scene belongs to Bacha Coffee’s Cheongdam flagship store, recently opened [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s oceans ministry said Monday it plans to spend 10.4 billion won (US$7.45 million) to support the International Maritime Organization’s (IMO) efforts to foster maritime experts. Under the project, the Korea Institute of Ocean Science and Technology will select students from around the globe for its master’s program [...]
SEOUL, Nov. 11 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has secured a 713.5 billion-won (US$511.6 million) deal to build two liquefied natural gas carriers, contributing to the company’s strong cumulative order value, the largest among South Korean shipbuilders this year. The 174,000-ton vessels will be built at Hanwha [...]