SEOUL, Aug. 10 (Korea Bizwire) — South Korea’s department store operators are competing to attract customers in their 20s and 30s for dessert, appealing to their need to take photos for social media. Shinsegae Department Store opened up the new Cafe Layered, a British-themed bakery, at its Centum City outlet in Busan. The company’s Gangnam [...]
SEOUL, Aug. 10 (Korea Bizwire) — South Korea reported job additions for the 17th straight month in July, but the pace of job growth slowed from the previous month amid heightened economic uncertainty, data showed Wednesday. The number of employed people came to 28.48 million last month, up 826,000 from a year earlier, according to [...]
SEOUL, Aug. 10 (Korea Bizwire) — Amid a hike in oil prices and prolonged supply network disruptions, transportation costs have continued double-digit growth for five straight months. According to Statistics Korea, transportation costs for July were up 15.3 percent compared to a year ago. The growth rate remained high at 12.7 percent for March, 13.8 [...]
SEOUL, Aug. 9 (Korea Bizwire) — South Korea’s top four conglomerates account for nearly 20 percent of the country’s overall corporate sales, a corporate tracker said Tuesday, pointing to their big clout in Asia’s fourth-largest economy. Combined sales by the business groups — Samsung, SK, Hyundai Motor and LG — averaged 746 trillion won (US$571 [...]
SEOUL, Aug. 9 (Korea Bizwire) — Korean American youth recently published a book about Korean victims of Japan’s wartime sex slavery. Titled “Peace to the Comfort Women,” the book was published by the Hwarang Youth Foundation, which carries essays and drawings about former sex slaves, euphemistically called comfort women, written or drawn by Korean American teenagers. The book contains a thank-you [...]
JEJU, Aug. 9 (Korea Bizwire) — Drones are being deployed by beaches in the southern resort island of Jeju as the newest members of their lifeguard teams. The Jeju provincial government announced that it was deploying hydrogen drones capable of flying longer than two hours at Hamdeok Beach on Monday to monitor hazardous zones in real-time. The [...]
SEOUL, Aug. 9 (Korea Bizwire) — The sales of pre-cut fruits that can be eaten simply without the need to wash and cut them are picking up at convenience stores. Convenience store chain Emart 24 found that the sales of pre-cut fruits have grown by 28 percent on average per year over the past three [...]
SEOUL, Aug. 8 (Korea Bizwire) — Hotels that were hit directly by the pandemic are now facing a labor shortage. The Korea Hotel Association conducted a survey of 20 hotels, which said they are 16.6 percent short of staff. Sorted by sector, the labor shortage in the food and beverages department was the highest at [...]
SEOUL, Aug. 8 (Korea Bizwire) — The rapidly increasing price of vegetables caused by sweltering summer heat and the monsoon season is prompting many South Koreans to grow vegetables themselves in a small garden or a flower pot. Online shopping mall Gmarket reported a 41-percent increase in seed and seedling sales between July 4 and [...]
INCHEON, Aug. 8 (Korea Bizwire) — The annual Incheon Pentaport Rock Festival returned to Incheon, 40 kilometers west of Seoul, last weekend after a three-year hiatus. Due to the pandemic, the festival was held online in 2020 and 2021. While the festival was held outdoors, visitors had to wear masks since there were more than [...]