SEOUL, May 18 (Korea Bizwire) — South Korean cosmetic products are expanding their presence in China on the back of the Korean Wave and competitive beauty products, becoming the second most sold in Asia’s second-ranked but fast-growing beauty market, data showed Monday. Out of $686.2 million worth of cosmetics China imported in the January-March period, [...]
SEOUL, May 3 (Korea Bizwire) — The popularity of Korean pop culture abroad helped increase production of the country’s cosmetics, gaming, tourism and beverages industries by billions of won in 2014, data showed Sunday. The growing popularity of hallyu, or the Korean wave, the name for Asianwide popularity of Korean pop culture, has been making inroads [...]
SEOUL, April 16 (Korea Bizwire) – Riding Hallyu, or the Korean Wave, cosmetics products have developed into strong moneymaking export items as they set records for exports and trade surplus last month. According to the Korea Customs Service, the value of cosmetics exports in March was US$277.5 million, the largest amount since the office began [...]
SEOUL, Jan. 18 (Korea Bizwire) – Korean beer exports to Iraq are gaining traction, helping local breweries that are moving to diversify their target markets to bolster growth, data showed Sunday. Exports of Korean beer to the country reached 6,384 tons, or US$4.48 million, last year, putting South Korea as the country’s third-largest beer supplier. [...]
SEOUL, Dec. 12 (Korea Bizwire) – The biggest variety hit on Korea’s small screen, ‘Infinite Challenge,’ is finally taking a step towards overseas sales. Producer Tae Ho Kim, the man behind the show’s success for last ten years, was officially invited to the Asia Television Forum (ATF) in Singapore. ATF is the largest content trade [...]
SEOUL, Sep. 17 (Korea Bizwire) - CJ Group staged its 5th “Friends of K-Culture” event on September 15 for expatriates in Korea who could enjoy first-hand taste of uniquely Korean dining and cuisine culture. Ten invitees including Thiao Poggio Padua, Brazilian ambassador to Korea, and Edit Csaba, wife of Hungarian ambassador to Korea, got a [...]
SEOUL, Sept. 11 (Korea Bizwire) – Learning Korean craze expands across America. According to the Korean Education Center (KEC) in New York, which opened the Korean Language Institutes during the weekend across America starting September 6, a rising number of U.S. citizens have enrolled in the weekend classes to learn more about Korea. The weekend [...]
SEOUL, Aug. 31 (Korea Bizwire) - Womanstalk, a video-based e-commerce site made for the first time in Korea, plans to partner with Lazada Philippines, the so-called a Southeast Asian version of Amazon, to reach out to Southeast Asian consumers starting from Malaysia and Singapore in mid-September. Sales volume of Korean products purchased by people in [...]
SEOUL, Aug. 27 (Korea Bizwire) — Amid the Hallyu — a wave of popular South Korean culture — sweeping through the entire Asia and now starting to invade the rest of the world, evident from K-pop YouTube videos gathering over 3 billion hits from total 225 countries, “K-pop Expo in Asia,” which will be the largest [...]
SEOUL, July 30 (Korea Bizwire) — A famous Korean chocolate and marshmallow treat offered to North Korean workers in the North-South joint industrial complex is reportedly banned by North Korean authorities. The treat named “Choco Pie” has played an important role in spreading the Korean Wave into North Korean society with its especially sweet [...]