SEOUL, Nov. 23 (Korea Bizwire) — North Korea has more than 400 formal marketplaces across the country with their size gradually having expanded in recent years, experts here said Wednesday. The number of markets in the reclusive North has increased to 414 this year, up slightly from 411 in 2016, according to analysis by Hong [...]
HONG KONG and SINGAPORE, Dec. 28 (Korea Bizwire) — 2020 has been an eventful year which saw some of the toughest social, economic and political challenges in recent times. While stabilization of markets seems to be within reach with the introduction of new COVID-19 vaccines and new leadership in the US, investors should expect the [...]
BUSAN, Nov. 2 (Korea Bizwire) — With the majority of cultural festivals cancelled due to the coronavirus, food truck businesses are introducing contactless services or offering catering services for schools and workplaces in a desperate bid for survival. Many businesses and agencies have recently been inviting food trucks to hold special snack events. Daegwang High [...]
SEJONG, Jan. 3 (Korea Bizwire) — North Korea has more than 500 marketplaces across the country, a North Korea expert said Thursday, a clear sign of “marketization” in one of most isolated countries in the world. The number of markets — known as Jangmadang in North Korea — has rapidly expanded to more than 500 [...]
SEOUL, Jun. 7 (Korea Bizwire) — Food companies are strengthening their summer season noodle products to match the warming weather, releasing new or upgraded brands for the market, which last year stood at 114.8 billion won (US$107.18 million). The market has been growing at a stable 20 percent or so every year. Industry officials say [...]