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Home Cooking Trend Boosts Kitchen Appliance Sales Amid Rising Cost of Dining Out

Home Cooking Trend Boosts Kitchen Appliance Sales Amid Rising Cost of Dining Out

SEOUL, Feb. 8 (Korea Bizwire) – Home electronics retailer ET Land reported on February 7 that sales of kitchen appliances have been on the rise, attributed to an increase in the number of people cooking at home due to the soaring cost of dining out.  Sales of key kitchen appliances like electric ovens and ranges last [...]

Samsung C&T Construction Division Hosts ‘Bao Family Visit’ Pop-Up Exhibition at Raemian Gallery

Samsung C&T Construction Division Hosts ‘Bao Family Visit’ Pop-Up Exhibition at Raemian Gallery

SEOUL/YONGIN, Feb. 6 (Korea Bizwire) – Samsung C&T’s Construction Division announced a special pop-up exhibition titled “A Visit from the Bao Family to Raemian Gallery” running until February 17 in Munjeong-dong, Songpa District, Seoul. The exhibition features a variety of panda dolls and bamboo props in a setup named ‘Bao City Tour,’ allowing visitors to [...]

Samsung Launches ‘Galaxy Studio Pet’ Pop-Up with Starbucks for Pet-Friendly Experience with Galaxy S24 Series

Samsung Launches ‘Galaxy Studio Pet’ Pop-Up with Starbucks for Pet-Friendly Experience with Galaxy S24 Series

SEOUL, Feb. 6 (Korea Bizwire) –Samsung Electronics has partnered with Starbucks to offer a unique experience for pet owners at the ‘Galaxy Studio Pet’ pop-up at the Starbucks Bukhan River R in Namyangju, Gyeonggi Province, until March 10. This collaboration marks a special opportunity for visitors to explore the features of the Galaxy S24 series [...]

Consumers Applaud Expansion of Medical School Seats for Enhanced Access to Services; Skepticism Lingers Among Others

Consumers Applaud Expansion of Medical School Seats for Enhanced Access to Services; Skepticism Lingers Among Others

SEOUL, Feb. 6 (Korea Bizwire) – Many health service consumers welcomed Tuesday’s government decision to drastically increase the medical school enrollment quota, saying it will improve access to doctors, but others voiced skepticism that it could erode the quality of medical services. The Ministry of Health and Welfare said the entrance quota for medical schools [...]

Thriving Resale Market Heats Up Amid High Inflation and Interest Rates

Thriving Resale Market Heats Up Amid High Inflation and Interest Rates

SEOUL, Feb. 5 (Korea Bizwire) – As consumers grapple with rising inflation and interest rates leading to a domestic slowdown, the recommerce market, involving the resale of used items and collectible goods like luxury and limited edition products, is gaining momentum.  Estimates suggest that the domestic recommerce market has recently surpassed a value of 30 trillion [...]

Rising Complaints Against China’s AliExpress in South Korea

Rising Complaints Against China’s AliExpress in South Korea

SEOUL, Feb. 1 (Korea Bizwire) – Complaints filed against AliExpress, the e-commerce retail platform of China’s Alibaba Group, in South Korea quintupled in 2023 from a year earlier, a local consumers’ association said Thursday. The number of complaints submitted to the Consumers Union of Korea (CUK) and the 1372 call center operated by the Korea [...]

KT Membership Sees 26% Surge in Monthly Active Users Thanks to In-App Services

KT Membership Sees 26% Surge in Monthly Active Users Thanks to In-App Services

SEOUL, Jan. 29 (Korea Bizwire) – KT has announced a significant 26% increase in monthly active users (MAU) of its membership program, attributed to the in-app services launched last year. Membership now encompasses a variety of services within the KT app, including ‘Genie Music’ for music streaming, ‘Blice’ for webtoons and web novels, and ‘Giftishow’ for [...]

Schopenhauer’s Philosophy Finds Renewed Popularity in South Korea

Schopenhauer’s Philosophy Finds Renewed Popularity in South Korea

SEOUL, Jan. 24 (Korea Bizwire) — Navigating human relationships is always challenging. Whether conflicts are evident or hidden, they are an inevitable part of our social existence, often leaving us with emotional scars. This makes maintaining a healthy distance crucial. In his bestseller “Reading Schopenhauer at Forty,” researcher Kang Yong-soo from the Korea University’s Institute of [...]

TMON Predicts Reduced Spending on Lunar New Year Gifts Amid Economic Downturn

TMON Predicts Reduced Spending on Lunar New Year Gifts Amid Economic Downturn

SEOUL, Jan. 23 (Korea Bizwire) — As economic hardships deepen, TMON, a major online shopping platform, expects customers to significantly reduce their spending on Lunar New Year gifts this year. In a survey conducted from January 10 to 16 involving 500 customers, TMON found that 58% (multiple responses allowed) plan to purchase gifts from online channels [...]

“SPARK” Trends: Insights from Shinhan Card’s Analysis of Consumer and Social Media Data

“SPARK” Trends: Insights from Shinhan Card’s Analysis of Consumer and Social Media Data

SEOUL, Jan. 18 (Korea Bizwire) — Shinhan Card recently identified “SPARK” as the defining keyword for this year’s consumer trends. This acronym encompasses five specific sub-trends: ‘Start the Time Revolution’, ‘Pivot Family Model’, ‘Age of Funflation’, ‘Ripples of Stimulating Polarization’, and ‘Keep an Eye on Tasty Entertainment’. The ‘Start the Time Revolution’ trend indicates a shift towards [...]