By Park Su-Sie Korean adults drink 1.7 cups of coffee a day on average, more than they eat mixed or white rice, statistics by the welfare Ministry and the Korean Centers for disease Control and Prevention showed Monday. Of 3,427 ... Read More
By Bae Ji-sook The domestic market share of Hyundai Motor Co., the country’s largest carmaker, fell to a 15-year low last year amid intensifying competition with foreign and local rivals. According to market reports Friday, Hyundai sold a total of ... Read More
By Park Hyong-KiIn close proximity to the shopping district of Myeong-dong, cultural street of Insa-dong and Gwanghwamun in downtown Seoul, Lotte City Hotel Myeongdong seeks to :kill two birds with one stone.”Launched as Lotte Hotels & Resorts’ biggest Lotte City ... Read More
South Korea’s big three shipbuilders probably posted a record operating loss in 2015, stung by a combination of a prolonged industry slump, a series of order cancellations and a delay in the construction of offshore facilities, data showed Thursday.According to ... Read More
By Sohn Ji-young,The South Korean government hosted a public meeting in Seoul on Wednesday to discuss the potential benefits and economic impact of a free trade agreement with Israel.Led by the Ministry of Trade, Commerce and Economy, the session brought ... Read More
WASHINGTON- Hyundai Motor Co. and its smaller affiliate, Kia Motors Corp., saw their combined sales in the United States grow 7 percent in December, thanks to a nearly 20 percent jump in Kia’s sales, industry data showed Tuesday.The two South ... Read More
By Bae Ji-sook,korea's trade surplus in cosmetics marked $1.2 billion in 2015, its highest ever, the korea Customs Service said Wednesday.The growing popularity of Korean beauty products accros Asia, especially in China, was the main engine behind the phenomenal success, and ... Read More
South Korea’s annual imports of automobiles topped $10 billion in 2015 for the first time since the country opened its market to foreign brands nearly three decades ago, government and industry data showed Wednesday. According to the data by the ... Read More
