SEOUL, Jan. 4 (Korea Bizwire) — It has been reported that convenience store wine is gaining popularity among men in their 30s. The wine is cost effective, with bottles selling for as little as 10,000 won ($8.87). Sales data from GS25, a convenience store operated by GS Retail Co., offers additional confirmation. Of all the [...]
SEOUL, Sept. 16 (Korea Bizwire) – Sales of city cars in South Korea decreased for the 20th month in a row as popularity for the small, practical vehicles decline amid rising demand for crossovers, industry data showed Sunday. The total number of mini urban haulers with an engine displacement of under 1,000 cc stood at [...]
SEOUL, Jul. 4 (Korea Bizwire) — Cheaper prices are behind the increasing popularity of direct purchases of foreign merchandise from overseas vendors, according to a survey conducted by the Korea Consumer Agency that queried 1,000 adults over 20 years of age about their shopping habits. Among the respondents, 78.1 percent (multiple answers allowed) said that [...]
SEOUL, Apr. 9 (Korea Bizwire) — The market for air purifiers in South Korea is set to continue expanding going forward, industry watchers said Sunday, as more consumers are becoming concerned about fine dust levels in the air. Sales of air purifiers in the country are expected to reach around 2 million to 2.5 million [...]
SEOUL, Feb. 14 (Korea Bizwire) — A visit to South Korea’s heavily fortified Demilitarized Zone (DMZ) was picked as the most popular tour destination among foreign visitors, a study showed Wednesday. According to the study by the Korea Tourism Organization, a half-day visit to the DMZ area was the most popular tour picked by foreigners [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korea’s imports of Belgium beer products have increased sharply in 2017 from a year earlier, data showed Sunday, reflecting the rising demand for unique alcoholic beverages here. According to the data compiled by the Korea Customs Service, imports of Belgium beer came to US$21.3 million in the January-October [...]
SEOUL, March 21 (Korea Bizwire) – The historic five-round showdown between South Korean Go master Lee Se-dol and Google’s artificial intelligence (AI) program AlphaGo ended last Tuesday with a lot of buzz. While people still talk about the greatness of humanity and the future of AI, the South Korean Go community is happy regardless of the final result [...]
SEOUL, Jan. 25 (Korea Bizwire) - “Cheese in the Trap,” a webtoon-based TV series starring popular actor Park Hae-jin, is set to become the next record breaker with viewer rates climbing to levels unseen for a weekday show. In its fourth episode earlier this month, the tvN series broke the record for a weekday cable TV [...]