Retail & Consumer Goods Archives | Be Korea-savvy

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SK Innovation Applauds Social Enterprise for Creation of New Whale Doll

SK Innovation Applauds Social Enterprise for Creation of New Whale Doll

SEOUL, May 14 (Korea Bizwire) — Inspired by the abandoned plastic from the stomach of a whale that died in Ulsan, a social enterprise is receiving positive reviews for producing and selling eco-friendly whale dolls that reflect on the protection of the marine environment. SK Innovation Co., South Korea’s top oil refiner, announced on Monday that [...]

Ovulation Test Now Available at Convenience Stores

Ovulation Test Now Available at Convenience Stores

SEOUL, May 13 (Korea Bizwire) — In the near future, ovulation tests will be available at convenience stores, just like pregnancy test machines. The Ministry of Food and Drug Safety (MFDS) reported on Sunday that it had announced a partial revision of the “Regulations on Medical Device Authorization, Reporting, and Review,” which exempts ovulation test [...]

Increasing Popularity of Overseas Direct Purchasing Results in Import of Banned Recalled Products

Increasing Popularity of Overseas Direct Purchasing Results in Import of Banned Recalled Products

SEOUL, May 10 (Korea Bizwire) — As an increasing number of South Korean consumers are engaging in direct purchases overseas, there are also a higher number of products recalled by foreign companies being imported, products that are therefore banned from being distributed in South Korea. While the government bans sales of products placed on recall [...]

S. Korean Galaxy S10 and iPhone XS Prices 5th Most Expensive in the World

S. Korean Galaxy S10 and iPhone XS Prices 5th Most Expensive in the World

SEOUL, May 10 (Korea Bizwire) — The lowest prices for the Galaxy S10 and iPhone XS in South Korea’s open market are the fifth most expensive among 17 major countries in the world. The Korea Communications Commission (KCC) announced on Thursday that the lowest prices for Samsung Electronics’ Galaxy S10 (128GB) and Apple’s iPhone XS [...]

Online Shopping Portals Tout Free Shipping to Attract Customers

Online Shopping Portals Tout Free Shipping to Attract Customers

SEOUL, May 9 (Korea Bizwire) — Online shopping malls are increasingly competing against each other to attract customers. WeMakePrice Inc., which declared that it would provide daily necessities at the lowest prices, ignited the price competition by unveiling the results of a comparison of food prices with its rival Coupang Inc. Meanwhile TMON Inc. has [...]

Gov’t to Put a Stop to Fake ‘South Korean’ Brands

Gov’t to Put a Stop to Fake ‘South Korean’ Brands

SEOUL, May 9 (Korea Bizwire) — The South Korean government held a meeting on Wednesday to address foreign companies jumping on the Korean Wave bandwagon. Many foreign companies are creating fake ‘South Korean’ brands to take advantage of the Korean Wave led by BTS and K-dramas. The government will begin monitoring foreign media and social [...]

Arrival Duty-free Shops to Open in S. Korea Later This Month

Arrival Duty-free Shops to Open in S. Korea Later This Month

SEOUL, May 8 (Korea Bizwire) – The Incheon International Airport Corp. (IIAC) said Wednesday that arrival duty-free shops, the first of their kind in the country, will open later this month. The airport operator said two arrival duty-free shops will start operations in Terminal 1 and one in Terminal 2 on May 31. The duty-free [...]