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South Korean Overseas Direct Purchasers Turn Eyes Towards Japan amid Weak Yen

South Korean Overseas Direct Purchasers Turn Eyes Towards Japan amid Weak Yen

SEOUL, Aug. 26 (Korea Bizwire) — South Korean overseas direct purchasers are turning towards Japan to enjoy more affordable prices amid the yen’s prolonged weakness. Shinhan Card Co., a major South Korean credit card company, said the number of settlements made by its customers for overseas direct purchases from Japan during the first seven months [...]

Japan Tour Cancellations Rise Despite Growing Interest

Japan Tour Cancellations Rise Despite Growing Interest

SEOUL, July 28 (Korea Bizwire) — The once popular travel packages to Japan following the country’s lifting of entry restrictions are being canceled with the summer vacation season just around the corner. Between July 20 and August 14, approximately 40 percent of all reservations for travel to Hokkaido have been canceled, according to travel agency [...]

S. Korea Pushes to Restore Defense Policy Dialogue with Japan

S. Korea Pushes to Restore Defense Policy Dialogue with Japan

SEOUL, July 25 (Korea Bizwire) — South Korea is seeking to restore a bilateral working-level defense policy dialogue with Japan that has been stalled since 2018 amid stand-offs between the two countries, an informed source said Monday. The move comes as the Yoon Suk-yeol administration has vowed to foster a “future-oriented” partnership with Tokyo despite [...]

S. Korea Protests Against Japan’s Claims to Dokdo in Defense White Paper

S. Korea Protests Against Japan’s Claims to Dokdo in Defense White Paper

SEOUL/TOKYO, July 22 (Korea Bizwire) — The South Korean government strongly condemned Japan on Friday for laying repeated claim to the easternmost islets of Dokdo in its annual defense white paper. “(The government) strongly protests against Japan’s repetition of its sovereignty claim over Dokdo, clearly an integral part of the Korean territory in terms of [...]

S. Korea’s Dependence on Japanese Materials Hits All-time Low in H1

S. Korea’s Dependence on Japanese Materials Hits All-time Low in H1

SEOUL, July 20 (Korea Bizwire) — South Korea’s dependence on Japanese materials and parts fell to an all-time low in the first half of this year, three years after Tokyo’s control of exports of key materials bound for Seoul, data showed Wednesday. Imports of Japanese materials, parts and equipment came to US$20.07 billion during the [...]

S. Korean Webtoons Set to be Adapted into Animations in Japan

S. Korean Webtoons Set to be Adapted into Animations in Japan

SEOUL, July 8 (Korea Bizwire) — Popular South Korean web-based comics are set to be adapted into animated series in partnership with Japanese productions amid rising global demand for Korean digital content. According to Kakao Entertainment, a subsidiary of Korean internet and entertainment giant Kakao, earlier this week, an animation adaptation of the action fantasy [...]