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Saturday, September 7, 2024

BUSINESS

Korea joining ‘Chip 4’ meeting despite Beijing’s opposition

Korea is joining "Chip 4," Minister of Trade, Industry and Energy Lee Chang-yang said Monday. "We have decided to take part in a preliminary meeting...

Danuri heads to the moon and takes Korea into space club

A Korean spacecraft is on its way to the moon after successfully launching and reaching a slingshot trajectory.It is the country's first step into...

Tea takes Korea as Koreans take to tea

The tea market is expanding in Korea as consumers look for healthier options and as tea becomes an alternative to coffee.   Tea drinks blended...

Won renews 13-year low against the dollar on Friday

The won renewed a 13-year low against the dollar on Friday, punching through the 1,320-won mark.   It reached as low as 1,326.10 won, down more...

Shoppertainment – The Symbiosis of K-Pop and TV Home Shopping

  On April 3, K-pop girl group Oh My Girl's unit group Oh My Girl Banhana made a debut through a showcase performance. Interestingly, the...

Korean Online Shopping Brand ‘Style Nanda’ Sell 70% Stake to L’Oreal

French cosmetics company L’Oreal is to acquire 70% stake in South Korean online clothing and cosmetic product brand Style Nanda. One of the leaders of...

San Francisco Bakeries Expand to Seoul

San Francisco’s renowned bakeries are heading to Seoul, Korea. In the midst of the domination of large-scale franchise bakeries in the city, the American...

Value Meal-Shaped McDonald’s Store Opens Near Olympic Venue

On February 8, McDonald’s announced the opening of new store designed especially for 2018 PyeongChang Winter Olympics. The new store, which will be open for...

Apple to Open Its First Store in Korea This Weekend

Apple is finally launching its first Apple Store in Seoul, Korea. On January 17, Apple Korea announced that Apple Store’s Seoul outpost will officially...

Koreans Praise Costco’s Reaction to Minimum Wage Increase

While a significant number of companies have been caught using tricks to save on employee wages after recent minimum wage increase in South Korea,...