SEOUL, July 24 (Korea Bizwire) – In a situation where the Chinese food market has emerged as a new opportunity for Korea’s food exporters, their share in the vast market still falls short of a little more than 1 percent. According to a report “Strategy to Break the Barriers to the Chinese Food Market” published on July [...]
SEOUL, July 24 (Korea Bizwire) – The brand power of “Germany” is dominating not only South Korea’s luxury automobile market, but one of the nation’s most favorite liquor sectors: import beer. Just like the German national soccer team which managed to grab the championship of the 2014 Brazil World Cup in 24 years after the 1990 World Cup, German beer secured [...]
SEOUL, July 23 (Korea Bizwire) – Amid the situation where personal information breaches continue, online retailers are still negligent in managing their customers’ data. According to a data by the Seoul Electronic Commerce Center on July 22, a quasi-public organization established jointly by the Consumers Union of Korea and the Seoul City Government, based on a survey [...]
SEOUL, July 23 (Korea Bizwire) – Among elderly people in Korea, lots of them are developing anxiety disorder making their lives harder due to severe uneasiness and fear for the future. Also, seven out of ten aged people are not doing any special leisure activities, a survey said. According to medical statistics from the National Health [...]
SEOUL, July 22 (Korea Bizwire) – Unlike in the past, law schools in Korea are losing its popularity. Fewer students are knocking on the doors of law schools due to high tuitions and the fact that law credential will not guarantee a safe career path. On the contrary, pharmacy schools are streaming with applicants. According [...]
SEOUL, July 21 (Korea Bizwire) – The imports of mate tea (pronounced as “mah-tay”) have grown 18 times for the past five years. It contrasts well with the importation of green tea and black tea growing only 3.4 times during the same period. The caffeine-rich tea from South America is popular in Korea principally because of [...]
SEOUL, July 17 (Korea Bizwire) – Among the 3.74 million property tax payers in Seoul for the first half of this year, Samsung Electronics’ headquarters in Seocho-gu was the largest tax payer with 1.7 billion won(US$1.65 million). The Seoul Metropolitan Government announced on July 15 that it sent out the property tax bills amounting to 1.22 [...]
SEOUL, July 17 (Korea Bizwire) – Korean adults look slimmer than people of other Organization for Economic Cooperation and Development (OECD)member countries, but the child obesity rate in Korea is a cause for concern and turns out being above that of the OECD average. According to an OECD report released on July 14, among the Korean adults [...]
NEW YORK, July 16 (Korea Bizwire) — Life expectancy continues to climb — up to more than 81 years for women and 76 years for men – but many of us have concerns around aging. Pfizer is challenging Americans to address their #FOGO – Fear of Getting Old – as the next phase of Get [...]
SEOUL, July 16 (Korea Bizwire) – A recent survey revealed that more than 80 percent of global online e-commerce vendors have plans for expansion in Asia for the next 12 months but most respondents (99%) said they face obstacles in gaining a firm foothold in the Chinese market. According to a report “Breaking into the e-Commerce Market [...]