AMSTERDAM/SEOUL, Dec. 12 (Korea Bizwire) — President Yoon Suk Yeol began his state visit to the Netherlands by meeting with a group of Korean residents and vowing to upgrade the two countries’ relations to a “semiconductor alliance.” Yoon arrived in Amsterdam on Monday (local time) on a four-day visit aimed at strengthening cooperation between South [...]
SEOUL, Dec. 12 (Korea Bizwire) — SPC Group, a South Korean food and beverage company, said Tuesday its bakery brand Paris Baguette has opened seven new outlets in Southeast Asia as part of its global expansion strategy. Paris Baguette opened three new stores in Singapore, two in Indonesia and two in Malaysia as it seeks [...]
SEOUL, Dec. 12 (Korea Bizwire) – Commemorative tumblers featuring Apple’s iconic logo sporting a blue wave motif have taken South Korea by storm. These limited-edition tumblers were distributed on a first-come, first-served basis during the grand opening of the Apple Hanam store in Gyeonggi Province, the company’s sixth store in the country, on December 9. A [...]
SEOUL, Dec. 11 (Korea Bizwire) – The land ministry said Monday it will not authorize the completion of newly built apartments if inter-floor noise levels fail to meet accepted standards. As part of measures to tackle widespread social problems surrounding noise disputes between neighbors, the ministry said it will also strengthen quality control by measuring [...]
SEOUL, Dec. 11 (Korea Bizwire) – In a trend reflective of the times, e-commerce platforms in South Korea are increasingly becoming the main stage for cost-effective consumption, witnessing a rise in so-called ‘frugal spending.’ With soaring prices increasing consumer sensitivity to costs, there’s a notable surge in demand for products priced below 10,000 won. One example [...]
SEOUL, Dec. 10 (Korea Bizwire) – South Korea’s exports of dried seaweed hit a new record on the back of growing awareness of healthy food around the globe, data showed Sunday. Outbound shipments of dried seaweed, called “gim” in Korean, reached US$670 million over the January-October period, up 20.4 percent from a year earlier, according [...]
HAMYANG, Dec. 9 (Korea Bizwire) – Hamyang dried persimmons, known as “gotgam” or dried peeled persimmons, once praised by King Gojong as a delicacy, have made their inaugural appearance at an auction. Renowned for their exquisite taste and historical significance as offerings to various kings during the Joseon Dynasty, they were affectionately dubbed “Gojongshi,” signifying [...]
SEOUL, Dec. 8 (Korea Bizwire) – In a highly anticipated move, Samsung is gearing up to launch its latest semi-premium smartphone, the Galaxy S23 FE, in the domestic market, heightening consumer expectations a day before its official release. According to industry reports, Samsung is set to release the Galaxy S23 FE in South Korea on December [...]
SEOUL, Dec. 6 (Korea Bizwire) – Chinese e-commerce platform AliExpress said Wednesday it plans to invest 10 billion won (US$7.6 million) in South Korea over the next three years to better protect the intellectual property rights of South Korean brands on its platform. Ray Zhang, head of the Korean unit of AliExpress, made the remarks [...]
SEOUL, Dec. 6 (Korea Bizwire) — Twitch, a popular U.S.-based live game streaming platform, said Wednesday it plans to shut down its South Korean service in February next year due to high network usage fees in the country. In an announcement posted on its corporate blog, Twitch Interactive Inc. CEO Dan Clancy said the company [...]