SEOUL, Jan. 4 (Korea Bizwire) — Excluding Hyundai Motor Co. and Kia Corp., foreign car brands emerged as the winners in the South Korean car market last year. According to the Korea Automobile Importers and Distributors Association, BMW Group Korea and Mercedes-Benz Korea sold 69,400 units and 61,436 units in the Korean market during the [...]
SEOUL, Jan. 3 (Korea Bizwire) — A Siberian tiger that passed away from natural causes at Seoul Grand Park has returned as a taxidermied specimen. Gangsan, a female Siberian tiger that was born at Seoul Grand Park in 2005, passed away at the age of 15 in 2019. The tiger went through a six-month taxidermy [...]
SEOUL, Jan. 3 (Korea Bizwire) — Seoul’s ultrafine dust levels reached an all-time low last year, the metropolitan government said Sunday. The city reported that last year‘s ultrafine dust (PM 2.5 — particles smaller than 2.5 micrometers in diameter) levels averaged 19.8 ㎍/㎥, which was 23 percent lower than in 2008 (26 ㎍/㎥) when the [...]
SEOUL, Jan. 3 (Korea Bizwire) — A recent analysis shows that South Korea’s fermented milk market is expected to continue to grow, led by an increasing number of consumers taking interest in health. The Korea Agro-fisheries & Food Trade Corp. and industry tracker Euromonitor reported that the country’s fermented milk market reached an aggregate value [...]
SEOUL, Dec. 31 (Korea Bizwire) — Golf businesses are thriving in the pandemic era while restaurants and lodging facilities across the country struggle to remain afloat. Shinhan Card Co., a major credit card company in South Korea, reported that customers spent 31 percent more on golf-related activities than in 2019 before the onset of the [...]
SEOUL, Dec. 31 (Korea Bizwire) – The COVID-19 pandemic has had a significant impact on South Koreans’ waistlines, according to data from a recent survey. The Korea Health Promotion Institute conducted a survey of 1,000 South Koreans, 42 percent of whom said they had gained weight since the onset of the pandemic with respondents reporting [...]
SEOUL, Dec. 31 (Korea Bizwire) — With the COVID-19 pandemic nearing its second anniversary, fewer Koreans are enjoying cultural and arts events in person, with a notable shift towards online events. According to a survey conducted by the Ministry of Culture, Sports and Tourism and the Korea Culture and Tourism Institute, the rate of in-person [...]
JEJU, Dec. 30 (Korea Bizwire) — A small town on Jeju Island is going viral on social media after a surprise visit from Jimin, a member of K-pop superband BTS. Nuwemaru Street, a busy shopping district in the city of Jeju, was hosting a Christmas event on Saturday to promote the local economy. Jimin, on [...]
SEOUL, Dec. 30 (Korea Bizwire) — A recent study has revealed that heavy snowfall is typically met with reactions of anxiety and frustration, rather than happiness and excitement, on social media. The National Disaster Management Research Institute conducted an analysis of 83.5 million tweets in the Korean language posted in January every year from 2013 [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Korean steelmaker POSCO’s No. 1 blast furnace, which served as a cornerstone for the nation’s economic development as well as a cradle of the nation’s steel history, has shut down after 48 years of service. On Wednesday, POSCO held a closing ceremony for the blast furnace in the [...]