SEOUL, Oct. 10 (Korea Bizwire) – Sales at major South Korean department stores increased during this fall’s nationwide shopping festival compared with a similar event last year as more retailers and manufacturers offered wider options for customers, industry officials said Monday. The “Korea Sale Festa” is the government-led sales event held from Sept. 29 [...]
JEJU, South Korea, Oct. 5 (Korea Bizwire) – The Jeju provincial government announced Tuesday the coming of ‘EV Generation 2.0’ that will now focus on culture, tourism, infrastructure, and the environment, as part of its efforts to nurture the island’s EV industry. According to the government, EVs on Jeju now account for more than 1 [...]
SEOUL, Oct. 4 (Korea Bizwire) – South Korea’s air passenger traffic surged to a record monthly high in August with international passengers to and from the country also reaching a new all-time high, the government said Tuesday. Overall air passenger traffic came to 9.86 million in August, up 20.1 percent from the same month last [...]
SEOUL, Sept. 29 (Korea Bizwire) – South Korea kicked off a nationwide shopping event on Thursday with a variety of promotions, cultural and entertainment events to draw more shoppers at home and abroad and revive the sluggish domestic consumption. The massive shopping campaign called “Korea Sale Festa” runs until Oct. 9, involving major retailers, manufacturers [...]
HOENGSEONG, South Korea, Sept. 27 (Korea Bizwire) – Hanwoo, or Hanu, is a breed of cattle from Korea, and its fine-quality beef is hugely popular despite its high price. The annual Hoengseong Hanu Festival is the trademark event promoting Hanwoo, but this year, the festival will be attracting a more global audience. Taking off on [...]
SEOUL, Sept. 26 (Korea Biziwre) – Millions of Chinese visitors will now be able to use their smartphones to pay for transit in Korea. The Seoul Metropolitan government announced Monday the official launch of a mobile pay system entitled ‘UnionPay Mobile T-Money’ for public transportation. It is named after the Shanghai-based financial services corporation UnionPay, [...]
MOKPO, South Korea, Sept. 26 (Korea Bizwire) – A 37-year-old man in Mokpo has opened a café with some 1,000 action figures on display. Owner Park Young-wook’s impressive collection is valued at approximately 300 million won ($271,444), and it spans all the way from superheroes like Superman and Batman to real-life toy figures of celebrities [...]
SEOUL, Sept. 22 (Korea Bizwire) – South Korea and the United Arab Emirates (UAE) agreed on a visa-waiver program that will allow people to travel to each other’s country without a visa for up to three months, the foreign ministry said Thursday. A memorandum of understanding on the visa waiver was signed at a meeting [...]
SEOUL, Sept. 22 (Korea Bizwire) – The number of people overstaying their visas in the country has persistently increased, with it posting 213,232 among 2,034,878 entrants as of July, data from the Justice Ministry said Thursday. The July figure was a 27 percent rise from 167,780 in 2011. However, the ratio of overstayers to entrants [...]
SEOUL, Sept. 20 (Korea Bizwire) – The number of elderly travelers vacationing overseas is steadily increasing as the Korean population starts to age. According to Hana Tour, among the country’s leading travel agencies, the number of overseas travelers in their 60s during the first half of 2016 was 175,000, a 71.5 percent increase from 110,000 [...]