SEOUL, Oct. 4 (Korea Bizwire) — Foreign companies disguised as Korean brands to piggyback on the Korean Wave are spreading overseas. Rep. Kim Gyu-hwan reported on Wednesday that the rising popularity of K-pop, K-beauty, and other Korean cultural exports have been boosting demand for Korean goods and services worldwide, which are being exploited by many [...]
SEOUL, Sept. 27 (Korea Bizwire) – Foreign corporations that set up South Korean offices to feign as a local brand and bandwagon on the Korean Wave have been ordered by the court to be disbanded. The Korean Intellectual Property Office (KIPO) and the Daejeon District Prosecutors’ Office announced on Thursday that they had ordered two [...]
SEOUL, Nov. 15 (Korea Bizwire) — More than 50,000 people filled up Melbourne’s Queensbridge Square for the 2018 Melbourne Korea Week Festival last Saturday. The Melbourne office of the South Korean embassy in Australia said that the festival was a great success, and served as “one of the most influential platforms to tell Australia about [...]
SEOUL, Sept. 12 (Korea Bizwire) — The members of mega-popular K-pop group BTS have said they feel a “responsibility and burden” regarding their achievements but vowed to “try harder to have a right mindset in all areas.” The boy band members made the remarks during the event called “A conversation with BTS” on Tuesday (U.S. [...]
SEOUL, Jun. 1 (Korea Bizwire) – South Korea exported cultural content worth more than US$6 billion in 2016, government data showed Friday. The survey on “Content Industry Statistics” released by the Ministry of Culture, Sports and Tourism showed that exports rose 6.1 percent from the previous year to US$6.008 billion in 2016, a strong performance [...]
![[Feature] Almost Famous: K-pop Trainees Endure Hardship on the Road to Success](http://koreabizwire.com/wp/wp-content/uploads/2016/05/5009656948_f0da2f6a93_b-800x600.jpg "[Feature] Almost Famous: K-pop Trainees Endure Hardship on the Road to Success")
SEOUL, May 21 (Korea Bizwire) – Gangnam Style, Psy’s worldwide sensation powered by an iconic horse dance, set numerous world records. The song’s music video is still the most liked and viewed video on YouTube. But most of all, Gangnam Style was the first K-pop song, ever, to attract global attention. Ironically, however, 38-year-old Psy is [...]
SEOUL, May 11 (Korea Bizwire) – May 10 was the 10-year anniversary of South Korean actor Lee Min-ho’s debut. To mark the occasion, Lee’s fan clubs organized various events all over the world. The fans’ self-made celebration videos were played in public places, ads and posters were hung on subways and buses, and fans uploaded pictures [...]
SEOUL/BANGKOK, Sept. 16 (Korea Bizwire) – A handful of Southeast Asian millionaires are looking to create a large commercial complex in Thailand comprising shops and restaurants that cater to the fans of Korean pop culture, also known as K-pop, industry sources here said Wednesday. They are trying to set up a Hallyu Town in Bangkok, [...]
“South Korea is the only major global trading nation to have FTAs with the United States, the European Union and China. This uniqueness makes Korea an ideal base for global enterprises seeking market access to the three largest economies in the world. With Alibaba’s ongoing strategy to expand its presence in the global market, it [...]
SEOUL, Dec. 29 (Korea Bizwire) – Korean consulates in China are issuing a record number of Korean visas for Chinese travelers thanks to the Korean wave in China. According to the Korean Consulate General in Shanghai, it issued 60 percent more visas compared to last year, surpassing the 800,000 mark for the first time for [...]