SEOUL, April 8 (Korea Bizwire) – The oldest son of late actress Audrey Hepburn is creating a forest in South Korea to commemorate the hundreds who were killed or went missing when a ferry capsized last year, a Seoul-based non-profit group said Wednesday. Sean Hepburn Ferrer, who spent a year in South Korea in the [...]
SEOUL, March 31 (Korea Bizwire) — South Korea’s No. 1 air carrier Korean Air saw its local brand value nosedive this year following last year’s “nut rage” case that outraged the nation’s public, a survey showed Tuesday. Brandstock, a South Korean market researcher that determines rankings of the top 100 local brands, said in its latest [...]
SEOUL, March 31 (Korea Bizwire) — Air Busan has announced that it will be the first low-cost carrier in Korea to distribute dividends. Asiana Airlines, the City of Busan, Seun Steel and 11 other Busan-based companies holding shares in the airline will be paid 500 won (US$ 0.45) per share, following a board decision on [...]
SEJONG, March 29 (Korea Bizwire) — South Korea’s bicycle imports rose 18.5 percent in the last three years, government data showed Sunday, fueled by the spike in people enjoying leisure and sports activities. According to data by the Korea Customs Service (KCS), the country imported US$210 million worth of bikes last year, up from $170 million [...]
SEOUL, March 25 (Korea Bizwire) – Foreign tourists have picked the unfriendly shopping environment and price gouging as the biggest inconveniences of travelling in Korea. In addition, taxi services are still dissatisfying to foreigners in Korea. According to the Tourism Complaints Center run by the Korea Tourism Organization (KTO), there were 888 complaints raised by foreign visitors [...]
SEOUL, March 24 (Korea Bizwire) — The city of Yeoju will host the 2015 New York Festivals, which is one of the world’s most prestigious advertising awards. City mayor Won Kyeong-hei and Michael O’Rourke, president of International Awards LLC which operates the festival, held an agreement ceremony at the Seoul Press Center on March 23. Award [...]
SEOUL, March 19 (Korea Bizwire) — As trekking shoes with made from lighter materials gain popularity amidst the trekking boom in Korea, imports of leather hiking boots decreased by 16.1 percent last year. According to the Korea Customs Service on March 18, the import volume of hiking boots made of leather decreased to US$41 million, down 16.1 [...]
SEOUL, March 17 (Korea Bizwire) — Nearly 30 people, including the chief of the local unit of U.S. ride-booking app creator Uber Technologies Inc., have been booked on suspicion of operating illegal taxi services in South Korea, police said Tuesday. The 32-year-old head of Uber Korea, identified only by his last name Kang, another company [...]
SEOUL, Mar. 17 (Korea Bizwire) — The Haeundae District Office conducted a big data analysis of 5,300 domestic and 4,700 foreign Haeundae-related mentions on blogs, internet communities and SNS from June to October 2014. According to a comparative analysis between the 2014 results and results from a similar study in 2012, Marine City and Moon Tan Road, [...]
SEOUL, March 17 (Korea Bizwire) — Almost one out of two Chinese tourists to South Korea visited the southern resort island of Jeju in 2014 thanks to the accommodative visa policy and expansion of direct flights and cheap cruise packages, the state tourism agency said Tuesday. A total of 6.12 million Chinese traveled to South Korea [...]