SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s exports of cosmetics shot up 16 percent in 2020 from a year earlier, data showed Sunday, on the back of the growing demand from the United States and Asian countries. Outbound shipments of cosmetics reached US$7.57 billion last year, according to the data compiled by the Korea [...]
SEOUL, Feb. 3 (Korea Bizwire) — In India, where popularity of “hallyu” or the Korean Wave is getting stronger, eagerness to study the Korean language is also growing. The Korean Cultural Centre India said Tuesday that the first online beginner course for the Korean language this year was fully booked just two minutes after registration [...]
SEOUL, Jan. 28 (Korea Bizwire) — The Korean drama “Crash Landing on You,” K-pop dynamite group BTS and the Oscar-winning film “Parasite” were among the top drivers of the Korean Wave, or “hallyu,” last year, a government report showed Thursday. Some 9.5 percent of hallyu fans picked the romance flick “Crash Landing on You” as [...]
SEOUL, Jan. 15 (Korea Bizwire) – The popularity of “hallyu,” or the Korean Wave, seems to have continued unabated across the world despite yearlong coronavirus restrictions, as the number of global hallyu fans topped the 100 million milestone last year, a public foundation said Friday. The number of members of hallyu fan clubs in 109 [...]
SEOUL, Nov. 9 (Korea Bizwire) — A weeklong event aimed at promoting the Korean cultural industry will be held online this month amid the new coronavirus, the cultural ministry said Monday. The “ON: Hallyu Festival” will take place from Nov. 16 to 23, with trade meetings, live commerce sessions and an online concert scheduled for [...]
SEOUL, Oct. 15 (Korea Bizwire) — LG Electronics Inc. said Thursday that more content on the Korean Wave of popular culture can be watched on its smart TVs via its streaming service as the company tries to attract more consumers in major markets amid the pandemic-driven stay-at-home trend. LG Channels will now have more content [...]
SEOUL, July 19 (Korea Bizwire) — South Korea’s exports of ice cream to Vietnam jumped 30 percent in 2019 from a year earlier on the back of the growing popularity of Korean culture in Southeast Asia, data showed Sunday. Outbound shipments of ice cream to Vietnam reached US$7 million in 2019, rising sharply from $5.3 [...]
SEOUL, July 16 (Korea Bizwire) — Foreigners who traveled to South Korea last year to consume K-pop goods and content were estimated to have spent US$1,007 on average, according to a report Thursday. In its latest tourism industry analysis report, the state-run Korea Tourism Organization (KTO) estimated that some 1.11 million foreigners came to South [...]
SEOUL, April 14 (Korea Bizwire) — Exports of Korean cultural products, including computer games, music, tour programs and cosmetics, soared 22.4 percent last year from a year earlier thanks to the global ascent of Korean culture, a report showed Tuesday. According to the report on the 2019 economic effects of hallyu, or the Korean Wave, [...]
SEOUL, April 13 (Korea Bizwire) — A government poll showed Monday that the global popularity of South Korea as a tourist destination increased for the sixth consecutive year in 2019, thanks to the promotional effects of the country’s globally loved cultural content sector. According to the 2019 poll on the effect of tourism marketing, released [...]