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8,000 Chinese Tourists to Visit S. Korea to Taste ‘Samgyetang’

8,000 Chinese Tourists to Visit S. Korea to Taste ‘Samgyetang’

SEOUL, Apr. 27 (Korea Bizwire) — A group of 8,000 employees from a Chinese company will visit South Korea next month to taste Korean traditional ginseng chicken soup, the Seoul city government said Wednesday. The largest signal tour group from Chinese health care company Joymain Science & Technology (Zhongmai Group) will arrive in Seoul on [...]

Korean Government Mulls One-off Holiday to Stimulate Spending

Korean Government Mulls One-off Holiday to Stimulate Spending

SEOUL, April 26 (Korea Bizwire) – President Park Geun-hye said Tuesday her administration is “strongly” considering designating a temporary holiday next week to encourage more people to spend and help prop up the national economy. In a luncheon with leaders of major news outlets earlier in the day, Park said she is “positively considering” the [...]

The Older You Are, The More Likely You Are to Travel Abroad

The Older You Are, The More Likely You Are to Travel Abroad

SEOUL, April 19 (Korea Bizwire) – Both wealth and age have become deciding factors in determining lifestyle after retirement. The number of ‘active seniors’ –those can afford to enjoy their favorite things given comfortable financial circumstances – is rising, and this trend is changing travel patterns, overseas travel in particular, according to an April 18 [...]

‘Descendants of the Sun’ Brings Taebaek and Greece Together

‘Descendants of the Sun’ Brings Taebaek and Greece Together

TAEBEK, April 15 (Korea Bizwire) – The two locations where the epic Korean drama ‘Descendants of the Sun‘ was filmed, Taebek and Zákinthos (Greece), have entered an agreement for cooperation and exchange. Taebaek announced the joyous occasion after inking the agreement with the city of Zákinthos. ‘Descendants of the Sun’, a Korean drama which gave viewers all [...]

Large-Scale Muslim Tour Group to Visit S. Korea Next Week

Large-Scale Muslim Tour Group to Visit S. Korea Next Week

SEOUL, April 5 (Korea Bizwire) – A large-scale Muslim tour group is set to arrive in South Korea next week following the recent visit by the largest-ever tour group from China, mirroring Muslims’ growing interest in the country, industry sources said Tuesday. According to the sources, some 200 employees of Malaysian firm Zhulian Group are planning [...]

Overseas Spending of S. Koreans Reaches Record High in 2015

Overseas Spending of S. Koreans Reaches Record High in 2015

SEOUL, April 5 (Korea Bizwire) – Overseas consumption by South Korean residents surged to a new high last year, central bank data showed Tuesday, mainly on a large increase in the number of people going abroad. In 2015, the overseas consumption expenditures of South Koreans came to 26.27 trillion won (US$22.74 billion), according to preliminary [...]