SEOUL, Oct. 26 (Korea Bizwire) — Amid an increase in the number of South Koreans who are engaged in direct purchases of electronics goods and home appliances from foreign countries, the most popular item turned out to be audio devices such as wireless earphones. The Korea Consumer Agency received a total of 5,002 cases of [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Koreans’ overseas card spending dropped by the most in more than two decades in the second quarter on a sharp decline in the number of outbound travelers amid the COVID-19 pandemic, central bank data showed Thursday. The amount of money spent overseas by Koreans with cards, including credit [...]
SEOUL, July 5 (Korea Bizwire) — South Korea plans to start providing telemedicine services for overseas construction workers this year, the government said Sunday, amid heightened alert over new coronavirus infections among them. The Central Disaster and Safety Countermeasure Headquarters said it aims to launch the service in September at the latest, with four major [...]
SEOUL, June 30 (Korea Bizwire) – The South Korean government’s response to the novel coronavirus is favorably appreciated by people around the world, a survey showed Tuesday. Commissioned by the Joongmin Foundation for Social Theory, a Seoul-based liberal institute, the survey was conducted by Rakuten Insight Surveys on 15,312 people living in 30 cities across [...]
SEOUL, May 19 (Korea Bizwire) — The limit on the number of protective masks that one can send to family members overseas will be lifted as mask supply is stabilizing in South Korea after a major crisis in March, the customs office said Monday. The Korea Customs Service (KCS) announced Monday that it will increase the [...]
SEOUL, April 22 (Korea Bizwire) – In a reality singing competition television series on Fox, celebrities in extravagant costumes and face masks perform a cover of a famous song, while the audience and panelists who don’t know the identity of the singers vote for their favorite. This is the basic format of “The Masked Singer,” [...]
SEOUL, Feb. 21 (Korea Bizwire) — Overseas card spending by South Koreans fell for the first time in a decade in 2019 amid a slowdown in the number of outbound travelers and a weak local currency, central bank data showed Friday. South Korean people spent US$18.9 billion using cards abroad last year, down 1.7 percent [...]
SEOUL, Mar. 5 (Korea Bizwire) — As the trend of staying in a foreign city for a month to seek relaxation and experience the local life has spread, demand for ‘one month’ trips abroad has soared. When Interpark Tour analyzed customer data for those who stayed in foreign cities for 29 to 31 days last [...]
SEOUL, Dec. 11 (Korea Bizwire) — A growing number of South Koreans shopping at overseas online malls are picking Chinese sites, a tally from a credit card firm indicated Tuesday. Purchase records from Nov. 1-26, compiled by the big data center at Shinhan Card, showed a 9.8 percent increase from last year in the monetary [...]
SEOUL, Oct. 23 (Korea Bizwire) — More than 40,000 South Koreans fell prey to crime overseas in the 2013-2017 period, and the number of such cases has been rising annually, a lawmaker said Tuesday, citing a National Police Agency report. The report, submitted to Rep. Kim Young-woo of the main opposition Liberty Korea Party by [...]