SEOUL, Sept. 21 (Korea Bizwire) — South Korea’s retail and tourism industries are preparing a slew of promotional and cultural events to woo back Chinese travelers during a long-haul holiday season, pinning their hopes on making up for a summer slump in the wake of a viral respiratory illness, sources said Monday. Since the first [...]
SEOUL, March 17 (Korea Bizwire) — Almost one out of two Chinese tourists to South Korea visited the southern resort island of Jeju in 2014 thanks to the accommodative visa policy and expansion of direct flights and cheap cruise packages, the state tourism agency said Tuesday. A total of 6.12 million Chinese traveled to South Korea [...]
SEOUL, May 15 (Korea Bizwire) – “Big Data,” gleaned from credit card usage patterns have revealed Chinese consumers are increasingly calling the shot in Korean local market. Data on the usage of credit cards by foreigners in Korea showed that the credit card usage of Chinese tourists increased 82.7 percent last year from the previous [...]
SEOUL, May 12 (Korea Bizwire) – A 100-yuan counterfeit bill has been found in a bank in Cheongju. The instance of fake yuan bills has doubled in Korea within the past three years. According to the Cheongju Sangdang District Police Station on May 9, an officer at a downtown bank branch office found a forged [...]
SEOUL, May 9 (Korea Bizwire) – The number of foreign tourists from China has been rapidly increasing as entry and departure formalities were simplified for them; however, the number of Japanese tourists has been decreasing due to a weak yen. As the tourist dynamics are changing, understanding the needs of the foreign visitors and making [...]
SEOUL, Korea, Feb 1 (Korea Bizwire) – As the Chinese economy grows by leaps and bounds, more Chinese nationals go out and travel the world, opening up their wallet generously. Korea has been one of the biggest beneficiaries of this trend, hosting more than 4 million tourists last year from the neighboring country. The number [...]