SEOUL, Jan. 21 (Korea Bizwire) – Visitors from the Middle East spent the largest amount of money on medical treatment per person in South Korea last year, with those from the United Arab Emirates (UAE) topping the list, the state-run Korea Tourism Organization (KTO) said Wednesday. Visitors from the UAE spent an average of 17.7 [...]
WATERBURY, Vt., Jan. 20 (Korea Bizwire) – In a recent survey office workers say coffee plays an important part in success in the workplace. Coffee was identified as key in securing some of offices’ best business deals, networking, and important to office workers being their best. In fact, coffee drinkers are more likely to identify themselves [...]
NEW YORK, Jan. 20 (Korea Bizwire) — Hotel WiFi Test has released a new report that ranks cities, countries, and world regions by WiFi quality. Two characteristics of hotel WiFi are considered: the quality of the WiFi and whether in-room WiFi is free. WiFi Quality is expressed by the percentage of hotels that offer adequate [...]
SEOUL, Jan. 19 (Korea Bizwire) — The overall earnings of ten South Korean companies that are operating in a jointly-run inter-Korean industrial complex have increased by an average of over 10 percent per year since 2005, data showed Monday, indicating that they have been doing relatively well despite political tensions that have emerged over the [...]
SEJONG, Jan. 19 (Korea Bizwire) — Cigarette imports dropped on-year in 2014, but imports of electronic cigarettes leaped as South Koreans tried to kick the habit after the government raised prices, the customs office said Monday. The government raised the average price of a pack of cigarettes by 2,000 won (US$1.84) on Jan. 1, pushing [...]
SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s low-cost carriers (LCCs) transported more than half of domestic passengers for the first time last year as more consumers opted for their cheaper and improving flight services for short-distance travel, industry data showed Monday. According to the data compiled by Jeju Air Co., the country’s largest budget [...]
SEOUL, Jan. 18 (Korea Bizwire) – Korean beer exports to Iraq are gaining traction, helping local breweries that are moving to diversify their target markets to bolster growth, data showed Sunday. Exports of Korean beer to the country reached 6,384 tons, or US$4.48 million, last year, putting South Korea as the country’s third-largest beer supplier. [...]
SEOUL, Jan. 18 (Korea Bizwire) — The share of SNS among the whole time spent on the 50 most used apps in Korea is 40.3 percent, according to an announcement from Ranky.com, a market research company, on January 16. The company analyzed app usage times for the 50 most used apps by 60,000 mobile device users [...]
SEOUL, Jan. 15 (Korea Bizwire) – Korean upper class members with more than 3 billion won (US$ 2.7 million) in financial assets are mostly interested in inheritance and asset gifts, according to a survey conducted by Samsung Life Insurance’s ‘Samsung Family Office’ on January 14. Samsung Family Office is the insurance company’s asset management center focused [...]
SEOUL, Jan. 14 (Korea Bizwire) – More than half of Koreans in their twenties disagree with the idea that hard work leads to a better life, according to a report by the LG Economic Research Institute (LGERI) based on the World Values Survey Association’s (WVSA) survey results from 1995 to 2014. The WVSA has been conducting [...]