SEOUL, April 28 (Korea Bizwire) — When South Korean actor Cha Tae-hyun stood on the podium to accept his KBS Drama Awards in December, he spoke what has been on his colleagues’ mind for years. “I hope we actors no longer receive our scripts in a piecemeal fashion,” Cha, who played the lead man in [...]
SEOUL, April 18 (Korea Bizwire) – South Korea and China will hold high-level talks this week to address difficulties faced by their businesses following the implementation of a bilateral free trade agreement last year, Seoul’s Foreign Ministry said Monday. Second Vice Foreign Minister Cho Tae-yul and Chinese Vice Commerce Minister Gao Yan will meet in Seoul Wednesday to [...]
SEOUL, April 12 (Korea Bizwire) – South Korea and China on Monday agreed to extend their currency swap deal scheduled to expire next year in a bid to better cope with possible fallout stemming from mounting financial market uncertainties and widely expected U.S. rate hikes. South Korea’s Finance Minister Yoo Il-ho met with People’s Bank of [...]
SEJONG, April 7 (Korea Bizwire) – Exports of dried and seasoned seaweed products have increased dramatically after they won the hearts of Chinese consumers. According to the Korea Customs Service, exports of dried and seasoned seaweed peaked in 2015, and the $224.3 million in sales was a 10.8 percent increase compared to 2014. Considering sales [...]
SEJONG, April 4 (Korea Bizwire) – South Korean seafood will be exported to China under the integrated brand name of “K-Fish,” starting this month, the maritime ministry said Sunday. The K-Fish products include “gim,” or dried seaweed, oysters, sea cucumbers, brown seaweed and sea tangle, produced by six local seafood companies, according to the Ministry [...]
SEOUL, March 30 (Korea Bizwire) – South Korea is badly in need of exporting more consumer goods to China to help improve a longstanding imbalance between export items and gain a share in the rapidly-growing consumer goods market there, a bank report said Wednesday. In 2014, Korea topped other countries by posting US$190 billion in [...]
SEOUL, March 29 (Korea Bizwire) – South Korea’s largest multiplex cinema chain CJ CGV reported attendance numbers topping 10 million at its Chinese theaters in the first quarter of this year, the company said Tuesday. The chain hit the milestone on Saturday, less than three months into the year, the shortest period ever for it to [...]
SEOUL, March 24 (Korea Bizwire) – A television program for Korean language education will air throughout China in the second half of the year, the first of its kind in the Chinese-speaking world, a government agency said Thursday. China Education Television (CETV) will broadcast the program composed of 100 three-minute episodes from October to next [...]
SEOUL, March 23 (Korea Bizwire) – Korean food products are turning out to be hugely popular in the Chinese market, and exports of processed foods have almost doubled over the past five years. Korean processed food exports are now worth almost five percent of the Chinese imported food market. According to a report issued by [...]
SEOUL, March 14 (Korea Bizwire) – The sensational South Korean television series “Descendants of the Sun” has been giving Korean and Chinese viewers heartaches since it was first aired. The Chinese government is even warning viewers about possible ‘risks’ involved with watching the drama. According to Chinese media, the number of views prior to the [...]