SEOUL, May 7 (Korea Bizwire) — South Korea saw a significant rise in used car exports in the first quarter of this year, with Libya becoming the largest importer of South Korean used cars. South Korea exported 107,321 used cars in the first quarter, which was a 42.9 percent jump from the same period last [...]
SEOUL, Jan. 25 (Korea Bizwire) – A total of 87 literary works by acclaimed South Korean authors ranging from Hwang Sok-yong to Han Kang will be issued in foreign publishing markets this year, according to a literary translation agency Friday. The selected 87 novels will be translated into 22 languages and published overseas on a [...]
SEOUL, Nov. 5 (Korea Bizwire) — South Korea’s exports of its traditional chicken soup to China shot up in 2017 from three years earlier thanks to the dish’s growing popularity in the world’s most populous nation, data showed Monday. Exports of chicken soup, called “samgyetang” here, to China came to US$100,339 last year, up 22 [...]
SEOUL, Oct. 31 (Korea Bizwire) — Exports of South Korean beer have jumped more than 50 percent so far this year compared with the same months last year, driven by growing popularity in China, data showed Wednesday. Figures from the Agro-Fisheries & Food Trade Corp. (aT) showed exports of US$121 million in the January-September period, [...]
SEOUL, Oct. 1 (Korea Bizwire) — Dairy exports to China are recovering quickly this year after a steep dive in 2017 due to a diplomatic spat, industry officials said Monday. Maeil Dairies Co. is estimated to have increased its exports to China by 20 to 30 percent in the first six months of this year [...]
SEOUL, Aug. 30 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Thursday they are considering shipping some of their cars made in China to Southeast Asia amid lackluster sales in the world’s biggest automobile market. Still, a Hyundai official said it could take time before making a final decision. He [...]
NEW DELHI, Jul. 6 (Korea Bizwire) — South Korean companies are pumping up their efforts to diversify export items to India as they seek to tap deeper into Asia’s third-largest economy, industry sources said Friday. So far, South Korean companies have focused on such manufacturing sectors as autos, chemicals, electronics, steel and machinery, but their [...]
SEOUL, Jun. 11 (Korea Bizwire) — South Korea’s exports of handsets fell to a 15-year low over the January-April period this year, data showed Monday, apparently on the growth of Chinese rivals in the global market. According to the data compiled by the Ministry of Science and ICT and Statistics Korea, the country shipped US$4.8 [...]
SEOUL, May 23 (Korea Bizwire) — Although the total number of Korean cars exported this year thus far has dropped, the average unit price has risen due to the increase in exports of SUVs and luxury sedans. This is expected to help carmakers cash in on profits despite the industry’s overall slowed growth. According to [...]
SEOUL, Mar. 29 (Korea Bizwire) — Malaysia is the No. 1 destination for South Korean small and medium-sized firms exporting halal food, a survey showed Thursday. Halal food refers to food products that are prepared in a specific way according to Islamic Sharia law, which covers not only meat but also fruits and vegetables. Malaysia [...]