SEOUL, Jan. 10 (Korea Bizwire) — South Korean shipbuilders saw their global market share edge up in 2022 from a year earlier despite decreased new orders, industry data showed Tuesday. Local shipyards clinched a combined 16.27 million compensated gross tons (CGTs) in new orders last year, or 38 percent of the global total of 42.78 [...]
SEOUL, Jan. 10 (Korea Bizwire) — Travel demand over the Lunar New Year holiday season has been concentrated on Southeast Asia and Japan, a South Korean travel agency said Monday. Hana Tour analyzed the list of package tour reservations for Jan. 20-24, which showed that some 15,000 people made flight reservations during that period, an increase of 7,015 percent [...]
SEOUL, Jan. 10 (Korea Bizwire) — The South Korean public has gained more awareness about “pet plants” than one year ago. The Rural Development Administration conducted a survey of 874 consumers, 87.9 percent of whom said they knew what a pet plant was, an increase of 5.6 percentage points from the 2021 survey. At 45 [...]
JEJU, Jan. 10 (Korea Bizwire) — The provincial government of Jeju Island said Monday it will install a total of 16,431 street lamps and security lights along major roadsides by 2025 at a cost of 66.9 billion won (US$54 million). The province will also earmark 31.1 billion won to upgrade 4,166 street lamps and security [...]
SEOUL, Jan. 9 (Korea Bizwire) — Universities in Seoul are scrambling to prepare for offline welcoming ceremonies for freshmen for the first time since social distancing measures were lifted in April last year. Seoul National University is holding three rounds of offline orientation programs on Jan. 5, 10 and Feb. 13, the first of their [...]
SEOUL, Jan. 9 (Korea Bizwire) — The growing number of single- or two-person households in South Korea is reflecting consumption trends that focus on convenience, altering sales of fruits. Discount retailer Emart Inc. said Sunday that strawberries and grapes were the most popular fruits last year. Apples and tangerines, which had topped the sales charts [...]
INCHEON, Jan. 9 (Korea Bizwire) — A cruise ship from overseas will enter Incheon Port for the first time in three years and five months following the onset of the COVID-19 pandemic, a South Korean port operator said Sunday. The Incheon Port Authority announced that Hapag-Lloyd Cruises’ MS Europa 2 will enter Incheon Port’s Cruise [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korea’s imports of coffee soared nearly 45.1 percent in the first 11 months of 2022 from a year earlier on its growing popularity here, data showed Monday. The value of the country’s coffee imports came to US$1.19 billion in the January-November period, up 45.1 percent from the previous [...]
SEOUL, Jan. 6 (Korea Bizwire) — LG Electronics Inc. said Thursday it will showcase a ‘creator room’ decorated with its premium home appliances and limited edition shoes at CES 2023. The creator room is decorated with a variety of modern home electronics such as the MoodUP refrigerator and smart steam clothing care system Styler, plus [...]
SEOUL, Jan. 6 (Korea Bizwire) — A new OLED panel manufactured by South Korean display maker Samsung Display Co. has received the industry’s first global certification for its ultra-high brightness of 2,000 nits. One nit is equal to the luminance of one candle per square meter. The display maker announced on Thursday that its smartphone [...]