SEOUL, Dec. 5 (Korea Bizwire) – South Korea’s restaurant industry is suffering from worsening business conditions due to market saturation and a prolonged economic slowdown, government data showed Monday. The number of restaurants and pubs in Asia’s fourth-largest economy stood at 650,000 as of end-2014, up 2.4 percent from a year earlier, according to Statistics [...]
SEOUL, July 29 (Korea Bizwire) – The Korean Constitutional Court ruled Thursday to uphold a new anti-graft law, a decision that is likely to affect numerous businesses across Korea. Better known as the Kim Young-ran law, named after its advocate, the law prohibits government officials, civil servants, journalists, and faculty members of private schools from [...]
CHUNCHEON, July 6 (Korea Bizwire) – “The Palace Exploded the Diced Chicken”, “Mixed Sea Food Iraq Government Office Surface”, “Fried French”. These are some of the local ‘dishes’ that tourists run into when travelling overseas. But a recent study showed that Korea is not immune to this problem, with many awkward menu translations uncovered by [...]