SEOUL, June 18 (Korea Bizwire) – The summer has come earlier than usual this year. Beginning in early May there were many days with temperature over 30 degrees Celsius. Even though many families have already installed air-conditioners or electric fans in preparation for unseasonably warm days, some people may not like the artificial cool in favor of [...]
SEOUL, June 17 (Korea Bizwire) – The customs clearance procedure for goods bought from overseas online retailers will be simplified as of June 16. The Korea Customs Service announced on the 15th that it would introduce a new scheme from the next day for exempting the cumbersome import reporting process for goods worth less than US$100 (less [...]
SEOUL, June 14 (Korea Bizwire) – For the past ten years, the volume of beer imports has increased 6.6 times, with the number of importing sources almost doubling. During the same period, the beer import volume from the EU member nations has grown most rapidly. According to data “Beer Import Trend” published by the Korea [...]
SEOUL, June 13 (Korea Bizwire) – A special menu of a Korean coffee franchise prepared to cheer up the Korean national soccer team for the World Cup Games is gaining huge popularity in the U.S. Caffé Bene announced that 10,000 bowls of Choco Devil Bingsu (sweet ice flakes) were sold in its stores in the [...]
SEOUL, June 11 (Korea Bizwire) – Even past the normal business hours of banks, Koreans can pay their bills and taxes easily at convenience stores with the so-called u-billing service. Now the service added another feature, paying social insurance bills at convenience stores such as those for national pension and healthcare insurance. Duzon BizOn, the [...]
WILMINGTON, Del. June 10, 2014 (Korea Bizwire)–A new survey released today by Chase Card Services reveals that millennials are more likely than older travelers to seek out hotels with luxury services such as dry cleaning (32%), massage or spa services (30%) and pet-friendliness (23%). Furthermore, the survey shows millennial travelers are more likely to say [...]
SEOUL, June 11 (Korea Bizwire) – As the discussion on redesignating enterprise types fit for small business owners begins again in earnest after three years, controversies are expected as to which business areas will be affected and how much the regulation will be expanded. Until now, a number of unintended consequences have occurred, including mid-sized franchisers [...]
SEOUL, June 4 (Korea Bizwire) - Woowa Brothers, the service provider of Korea’s No. 1 mobile food delivery application, “Baedal Minjok (meaning ‘the People of Delivery’),” released another smartphone app for restaurant operators to take and process the delivery orders made from the “Baedal Minjok” app. The “Baedal Minjok Order-taking App” released on June 2 can be [...]
SEOUL, June 1 (Korea Bizwire) – Despite the increasing purchase by domestic consumers of goods through overseas online retailers that exerts a pressure to importers under exclusive agreements to cut their prices, the retail prices of import goods such as baby strollers, lipsticks, and hiking boots are still at rip-off levels. According to data released by [...]
SEOUL, May 30 (Korea Bizwire) – The so-called “Phone Paparazzi policy,” a compensation scheme for citizen reports on the illegal subsidies aimed at attracting new subscribers to mobile phone or broadband Internet services, will be expanded to all retailers across the country. Currently, the reporting system is applicable to online retailers only. The Korea Association [...]