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Japan’s Earthquake Concerns and Rising Yen Spark Anxiety Among South Korean Tourists

Japan’s Earthquake Concerns and Rising Yen Spark Anxiety Among South Korean Tourists

SEOUL, Aug. 12 (Korea Bizwire) – Recent seismic activity in Japan, coupled with warnings of a potential major earthquake, has begun to cast a shadow over South Korea’s robust tourism to its island neighbor. This unease, combined with the strengthening yen, is leading some in the travel industry to speculate that the boom in Japanese tourism, [...]

COVID Test Kit Sales Surge in South Korea as Summer Vacation Coincides with New Wave

COVID Test Kit Sales Surge in South Korea as Summer Vacation Coincides with New Wave

SEOUL, Aug. 9 (Korea Bizwire) – With signs of a new COVID-19 wave emerging, convenience stores in South Korea are experiencing a significant increase in demand for self-testing kits during the vacation season. With some stores running out of stock, online shopping malls are seeing sharp price increases for these kits. According to convenience store industry [...]

IIAC Named Most Desirable Public Enterprise for College Students for 7th Consecutive Year

IIAC Named Most Desirable Public Enterprise for College Students for 7th Consecutive Year

SEOUL, Aug. 9 (Korea Bizwire) – Incheon International Airport Corporation (IIAC) has been selected as the “Most Desirable Public Enterprise for College Students” for the seventh consecutive year, according to a survey conducted by HR tech company Incruit. The survey, which polled 962 college students nationwide who are currently seeking employment, found that 14.3% of respondents [...]

Olympic-Edition Samsung Phones Find Their Way to Resale Market

Olympic-Edition Samsung Phones Find Their Way to Resale Market

SEOUL, Aug. 7 (Korea Bizwire) – In an unexpected turn of events, the exclusive Galaxy Z Flip 6 Olympic Edition smartphones, provided by Samsung to all athletes participating in the 2024 Paris Olympics, have begun appearing for sale on various online marketplaces. On August 6, a search on eBay, the global e-commerce platform, revealed more than [...]

About 60% of South Koreans Believe AI Will Bring More Good Than Harm: Government Survey

About 60% of South Koreans Believe AI Will Bring More Good Than Harm: Government Survey

SEOUL, Aug. 7 (Korea Bizwire) – About 60 percent of South Koreans believe that artificial intelligence could bring more potential benefits than potential dangers, a government survey showed Wednesday. The survey of 765 people, conducted by the Ministry of Science and ICT in June and July, showed that 57 percent of the respondents say the [...]

Young South Koreans Less Enthusiastic About Car Ownership, Survey Finds

Young South Koreans Less Enthusiastic About Car Ownership, Survey Finds

SEOUL, Aug. 2 (Korea Bizwire) – A recent survey reveals a generational divide in attitudes towards car ownership in South Korea, with younger adults showing less enthusiasm for purchasing vehicles compared to their older counterparts.  According to a study conducted by Embrain Trend Monitor, a market research firm, 74.7% of respondents agreed that cars are essential [...]

Airport Lounge Access Soars as South Koreans Resume International Travel

Airport Lounge Access Soars as South Koreans Resume International Travel

SEOUL, Aug. 2 (Korea Bizwire) – As international travel rebounds, South Koreans are increasingly taking advantage of airport lounge access, with usage of Priority Pass cards skyrocketing over the past year, according to data released by BC Card, a major credit card company in South Korea. The analysis, which examined Priority Pass card usage through 612 types [...]

South Korea’s Overseas Online Shopping Surges, with China Dominating the Market

South Korea’s Overseas Online Shopping Surges, with China Dominating the Market

SEJONG, Aug. 2 (Korea Bizwire) – In a significant shift in consumer behavior, South Korea’s overseas direct purchases, commonly known as “jikgu,” surpassed 2 trillion won in the second quarter of this year. This milestone, reached for the first time since record-keeping began in 2014, was largely driven by a dramatic increase in purchases from China. [...]

South Korean Consumers Embrace Time-Saving Products and Services, Report Finds

South Korean Consumers Embrace Time-Saving Products and Services, Report Finds

SEOUL, Jul. 31 (Korea Bizwire) – A recent report by CJ ENM’s digital marketing firm MezzoMedia reveals a growing trend among South Korean consumers: maximizing value from limited time across shopping, gaming, and content consumption.  The 2024 Consumer Trends Series report, released on July 29, highlights consumers’ increasing preference for products and services that minimize wasted [...]

South Korean Consumers Reconsider Dawn Delivery Services Amid Safety Concerns

South Korean Consumers Reconsider Dawn Delivery Services Amid Safety Concerns

SEOUL, Jul. 29 (Korea Bizwire) – Lee, a 29-year-old office worker, has decided to cut back on the dawn delivery service she once used once or twice a week. Her decision came after learning about the tragic death of a delivery driver in his 40s who was swept away by floodwaters while making early morning deliveries [...]