SEOUL, Dec. 9 (Korea Bizwire) — Sales of Lotte Confectionery Co.’s signature chocolate brand “Ghana” surged after the South Korean men’s national football team joined the round of 16 at the Qatar World Cup with the help of Ghana losing to Uruguay by only two goals. According to industry sources, sales of Ghana chocolate products [...]
SEOUL, Dec. 8 (Korea Bizwire) — The first export batch of K2 battle tanks and K9 self-propelled howitzers has arrived in Poland. The Polish Ministry of Defense announced on Tuesday (local time) that it held a delivery ceremony for 10 units of K2 Black Panther tanks and 24 units of K9 howitzer at a Navy [...]
SEOUL, Dec. 8 (Korea Bizwire) — Liquor companies in South Korea are opening up a series of pop-up stores for whisky brands in order to engage with customers. Windsor Global Co., a homegrown whisky maker, announced that it will open up its first pop-up store, House of Windsor, at S-Factory, located in Seoul’s Seongdong District, from Friday [...]
SEJONG, Dec. 8 (Korea Bizwire) — South Korea added the largest number of jobs in five years last year on the back of the retail and welfare sectors, data showed Thursday. The country’s total jobs reached 25.58 million last year, up 850,000, or 3.5 percent, from the previous year, according to the data compiled by [...]
SEOUL, Dec. 8 (Korea Bizwire) — The workforce of major South Korean travel agencies has nearly halved over the past three years due to the coronavirus pandemic, with the number of tour firms also plummeting, industry data showed Thursday. The headcount of industry leader Hana Tour came to 1,204 as of the end of September [...]
SEOUL, Dec. 8 (Korea Bizwire) — Asset management firms in South Korea saw their combined net earnings plunge more than 40 percent in the third quarter due to declined fees and profits from securities investments amid sluggish financial markets, data showed Thursday. The combined net income of 414 asset management firms stood at 362.5 billion [...]
SEOUL, Dec. 8 (Korea Bizwire) — LG Electronics Inc.’ OLED evo TV was named as the best TV of the year by many renowned overseas media. According to the global home appliance giant, the Britain’s Tech Advisor selected the LG OLED evo (C2 series) as this year’s best TV. Another British media outlet, TechRadar, also [...]
SEOUL, Dec. 7 (Korea Bizwire) — Up to 33,000 football fans flocked to Gwanghwamun Square in central Seoul to cheer for the national team in its match against Brazil at the 2022 Qatar World Cup on Tuesday morning. In front of the five large screens set up at the square, football fans were seen “armed” [...]
SEOUL, Dec. 7 (Korea Bizwire) — Energy drink and coffee sales at convenience stores soared ahead of the knock-out match between South Korea and Brazil at the 2022 Qatar World Cup on Tuesday. Convenience store chain CU reported a more than threefold increase in energy drink sales from 8 p.m. to midnight on Monday prior [...]
SEOUL, Dec. 7 (Korea Bizwire) — The proportion of one-person households in South Korea hit a fresh record last year, data showed Wednesday, as more young people delayed marriages. One-person families accounted for 33.4 percent of the total last year, up from 31.7 percent the previous year, according to the data from Statistics Korea. It [...]