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Samsung Regains Top Spot in Southeast Asian Smartphone Market in Q1

Samsung Regains Top Spot in Southeast Asian Smartphone Market in Q1

SEOUL, June 17 (Korea Bizwire) — Samsung Electronics Co. recaptured the top spot in the Southeast Asian smartphone market in the first quarter of the year by edging out its Chinese rivals, a report showed Wednesday. Samsung’s market share in Southeast Asia stood at 18.9 percent in the January-March period, according to market tracker Counterpoint [...]

K-quarantine System Gains Popularity in Southeast Asia

K-quarantine System Gains Popularity in Southeast Asia

SEOUL, May 27 (Korea Bizwire) — K-quarantine, referring to the South Korean system of fighting the coronavirus, is leading the war against the pandemic across Southeast Asia, raising the prospects for another surge of the ‘Korean Wave’ amid the coronavirus crisis. The Strait Times, an English-language newspaper in Singapore, reported Tuesday that KK Women’s & [...]

Cosmetics Lead S. Korean Exports of Consumer Goods to Southeast Asia

Cosmetics Lead S. Korean Exports of Consumer Goods to Southeast Asia

SEOUL, April 16 (Korea Bizwire) — South Korea’s exports of high-end consumer goods to Southeast Asia has increased sharply since 2010, data showed Thursday, led mostly by their strong demands for cosmetic goods. The country’s exports of high-end consumer goods, which include beauty and fashion items, along with luxury goods, to Singapore have been expanding [...]

Korean Fruit Sweeps Through Southeast Asian Market

Korean Fruit Sweeps Through Southeast Asian Market

SEOUL, Feb. 14 (Korea Bizwire) — Korean grapes and strawberries are gaining popularity in Vietnam and other Southeast Asian countries. The Ministry of Agriculture, Food and Rural Affairs and state-run Korea Agro-Fisheries & Food Trade Corp. (aT) reported grape exports of US$23 million last year, up by 64.2 percent over the previous year. Shine Muscats [...]

Korean Pop Culture Producers Eyeing Southeast Asia

Korean Pop Culture Producers Eyeing Southeast Asia

SEOUL, Dec. 7 (Korea Bizwire) — Southeast Asian countries are emerging as a new market for Korean broadcasting content, in line with the government’s aggressive foreign policy initiative called the New Southern Policy, which gained momentum via a South Korea-Association of Southeast Asian Nations (ASEAN) special summit in Busan last month. The region can provide [...]

Naver’s Cloud Unit Teams Up with Singaporean Firm to Tap into Southeast Asia

Naver’s Cloud Unit Teams Up with Singaporean Firm to Tap into Southeast Asia

SEOUL, Jul. 11 (Korea Bizwire) — The cloud affiliate of South Korea’s dominant Internet portal operator, Naver Corp., said Thursday that it has joined hands with Singaporean cloud company Deskera to tap deeper into the Southeast Asian market. Deskera, considered the leading cloud-based platform provider, and Naver Business Platform (NBP) will provide cloud services for [...]

Lotte Tapping Deeper into Southeast Asia, Advanced Markets

Lotte Tapping Deeper into Southeast Asia, Advanced Markets

SEOUL, May 28 (Korea Bizwire) — Retail and chemical giant Lotte Group is ramping up efforts to tap deeper into Southeast Asia and advanced economies amid falling sales in China, once its biggest overseas market, industry sources said Tuesday. Overseas sales of the conglomerate came to 8.9 trillion won (US$7.49 billion) in 2018, up 7.2 [...]

Perception of “ASEAN” Weak Amongst Koreans

Perception of “ASEAN” Weak Amongst Koreans

SEOUL, Jun. 29 (Korea Bizwire) — The “New Southern Policy Initiative” ambitiously being pursued by the South Korean government would require heightened levels of engagement with ASEAN member states. However, a recent study has showed that the understanding of ASEAN countries by South Koreans was very low. This is according to a study titled “Koreans’ [...]