SEOUL, Dec. 22 (Korea Bizwire) — Over 70 percent of South Koreans participated in a nationwide boycott of Japan-made goods in one form or another amid an ongoing trade dispute between Seoul and Tokyo, a survey showed Tuesday. In a six-day survey by market researcher Embrain conducted on 1,000 adults below the age of 60 [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea’s imports of Japanese beer spiked in October from a year earlier due to stepped-up marketing activities amid a weaker local boycott of goods from the neighboring country, data showed Monday. Seoul brought in US$370,000 worth of Japanese beer in October, up a whopping 873.7 percent from the [...]
SEOUL, Nov. 26 (Korea Bizwire) — South Korea’s trade deficit with Japan edged up in the first 10 months of the year, data showed Thursday, as a local boycott of Japanese consumer goods shows signs of losing steam. Seoul posted a trade deficit of US$16.56 billion in the January-October period, compared with $16.42 billion during [...]
SEOUL, Nov. 24 (Korea Bizwire) — After going through a complete collapse amid the ‘No Japan’ boycott campaign in South Korea, Japanese breweries are striving to regain a foothold through price cuts. Lotte Mart, the hypermarket chain operated by Lotte Shopping, is now holding a promotional event selling four cans of Asahi beer that its [...]
SEOUL, Sept. 15 (Korea Bizwire) — Walt Disney’s live action film “Mulan” is facing the risk of boycott even before its release in South Korea after the movie sparked controversy for justifying China’s human rights violation against the ethnic minority Uyghurs. The hashtags #BoycottMulan and #BanMulan have gone viral on Twitter and other social media [...]
SEOUL, Aug. 13 (Korea Bizwire) — More than a year after Japan imposed export restrictions against South Korea, igniting a boycott movement against Japanese goods, 3 out of 4 Korean consumers said they are still participating in the boycott movement. According to a survey conducted by the Korea Broadcast Advertising Corp. of 1,000 Koreans from [...]
SEOUL, Aug. 10 (Korea Bizwire) — South Korea’s imports of Japanese consumer goods sank more than 23 percent in July amid a boycott stemming from a bilateral trade dispute, government data showed Monday. Seoul brought in consumer goods worth US$253 million in July, down 23.4 percent from a year earlier, according to the preliminary data [...]
SEOUL, July 31 (Korea Bizwire) — Japanese fashion retailer Uniqlo said Friday it will close nine of its stores in South Korea next month amid a sharp fall in sales stemming from the new coronavirus outbreak and a trade dispute between Seoul and Tokyo. The closure came as online shopping has gained traction amid the [...]
SEOUL, July 30 (Korea Bizwire) — Despite the boycott movement against Japanese products marking its first year after being sparked by Japan’s export restrictions against South Korea, consumption of Japanese cigarettes has remained more or less unaffected. The Korea Customs Service reported that South Korea imported 4,220.6 tons of cigarettes from the Philippines between July [...]
SEOUL, July 27 (Korea Bizwire) — The South Korean economy’s dependence on Japan has been on a downward trend since Japan imposed export restrictions against South Korea in July 2019, the country’s leading business lobby group said Sunday. The share of imports from Japan among overall South Korean imports fell from 9.8 percent in Q1 [...]