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Survey Reveals Differences in Chinese, Japanese Tourists’ Preferences

Survey Reveals Differences in Chinese, Japanese Tourists’ Preferences

SEOUL, Jun. 12 (Korea Bizwire) — Chinese and Japanese tourists, who make up the biggest share among foreign tourists visiting the country, have differences in their preferences and behavior, a government survey showed Wednesday. According to the survey by the Korea National Tourism Organization, which is affiliated with the culture ministry, 79.1 percent of Chinese [...]

Korean Socks a ‘Must Buy” for Japanese Tourists

Korean Socks a ‘Must Buy” for Japanese Tourists

SEOUL, Feb. 28 (Korea Bizwire) — The Korea Tourism Organization (KTO) announced on Wednesday that when it surveyed Japanese members of its Facebook page, ‘magic’ beoseon’ was chosen as the number one must-have item from traditional markets, accounting for 10.3 percent of all responses. Next in line was socks at 9.3 percent, followed by taste [...]

Duty-free Sales from Japanese Visitors Up Despite Military Tension

Duty-free Sales from Japanese Visitors Up Despite Military Tension

SEOUL, Jan. 27 (Korea Bizwire) — South Korean duty-free stores saw their sales from Japanese consumers rise sharply on-year in January despite the on-going military tension between the two countries, apparently on the back of the strong Japanese yen, industry sources said Sunday. Sales from Japanese consumers at a Lotte Duty Free shop in Seoul’s [...]

Forced Labor Victims File for Asset Seizure Against Japanese Firm

Forced Labor Victims File for Asset Seizure Against Japanese Firm

SEOUL, Jan. 2 (Korea Bizwire) — Victims of Japan’s wartime forced labor have filed for an asset seizure against Nippon Steel & Sumitomo Metal Corp. (NSSM) as the Japanese firm has not carried out the top court’s order to compensate them. A legal counsel representing the four victims and their descendants has recently asked a [...]

Japanese Prime Minister Downplays “Forced” Element of Forced Laborers

Japanese Prime Minister Downplays “Forced” Element of Forced Laborers

SEOUL, Nov. 2 (Korea Bizwire) – The Japanese government has been blamed for trying to downplay the role of Japanese companies that forced Koreans to work in their factories during the colonial era. The Japanese government has recently abandoned the use of the term “forced laborers”, favoring instead “laborers from the Korean Peninsula.” Experts say [...]

Japanese Firm Accused of Price Rigging in Korea

Japanese Firm Accused of Price Rigging in Korea

SEOUL, Sept. 14 (Korea Bizwire) – A Japanese industrial parts maker and its local sales subsidiary were indicted here on price collusion charges against major South Korean electronics firms, prosecutors said Sunday. Japan-based Minebea Co. and its Korean unit are accused of colluding with another Japanese firm in fixing the price of small bearing products supplied to Samsung Electronics Co. and LG Electronics [...]