SEOUL, July 1 (Korea Bizwire) – ‘Kidult’ is a newly-coined term that combines ‘kid’ and ‘adult’, used to refer to adults that pursue memories of their childhood, and the kidult market has established itself as a niche culture in Korea in recent years. A recent auction event for collectible toys organized by Seoul Auction was [...]
SEOUL, June 29 (Korea Bizwire) – The Seoul city government will open a new tour bus route that will cover the eastern part of the capital, officials said on Wednesday. Set to launch on Friday, the latest Seoul City Tour Bus will run between Dongdaemun Design Plaza (DDP) in eastern Seoul and Olympic Park in [...]
SEOUL, June 29 (Korea Bizwire) – Lotte Duty Free, South Korea’s largest duty-free operator, said Wednesday it has expanded its main branch in downtown Seoul, as part of efforts to make up for a sales shortfall from its other outlet in downtown Seoul which closed upon its license expiration. The main branch in Lotte Department [...]
GANGNEUNG, June 24 (Korea Bizwire) – With only two years left to go until the PyeongChang 2018 Olympic and Paralympic Winter Games, a suggestion popped up during a strategy forum at Gangneung, a city in Gangwon Province, that Korea should host a food festival that introduces the province’s food culture to the rest of the [...]
SEOUL, June 23 (Korea Bizwire) – South Korea said Thursday that it has agreed, in principle, with France to increase the number of weekly passenger flights between Incheon and Paris to 14 from the current 12. The deal was reached in a meeting of aviation officials between the two countries in Paris earlier this week, [...]
SEOUL, June 22 (Korea Bizwire) – High-level cultural officials from the Asia-Europe Meeting (ASEM) member countries gathered in the southwestern South Korean city of Gwangju Wednesday to share their experiences in cultivating creative industries. Some 200 delegates from 51 ASEM member countries, including eight culture ministers and 11 deputy ministers, will attend the 7th Asia-Europe [...]
SEOUL, June 21 (Korea Bizwire) – South Korea will hold a nationwide shopping festival involving major retailers, manufacturers and traditional markets in the fall to draw foreign travelers and jack up lackluster domestic consumption, the government said Tuesday. The Ministry of Trade, Industry and Energy and the Ministry of Culture, Sports and Tourism jointly formed [...]
SEOUL, June 20 (Korea Bizwire) – ‘Me-too marketing’ has become a prevalent formula among domestic airline companies. The practice refers to a marketing strategy where a company follows other businesses’ high-demand products or services. And although each airline is trying to keep its own individuality, they’re no longer hesitant to copy each other. First, the [...]
BUSAN, June 20 (Korea Bizwire) – Busan’s Haeundae district is best known for its beach that attracts millions of visitors each summer. But it’s also a major MICE (meetings, incentives, conferences, and exhibitions) center, with the Busan Exhibition and Convention Center (BEXCO),and hosts major annual events such as the Busan International Film Festival. Under these conditions, competition [...]
JEJU ISLAND, South Korea, June 20 (Korea Bizwire) – Demands for air travel between South Korea’s resort island of Jeju and Chinese cities have soared over the past years, but Korean airlines have had difficulty in increasing flights due to tough regulations imposed by the Chinese government, industry data showed Monday. Out of 350 flights [...]