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More coffee shops, less pubs registered this year

The number of coffee shop licensees rose 20.1 percent, while the figure for pubs dropped 5.8 percent on-year, between January and August, government data showed Thursday. During the same period, the total number of registered businesspeople in the country stood ... Read More

S. Korea Exports Up 2.7% on Year to $45.5 Billion in Nov.

South Korea's exports rose two-point-seven percent on-year to 45-point-five billion dollars in November. According to preliminary data released by the Trade Ministry on Thursday, a pickup in the unit price of semiconductors helped raise November exports to the largest since July ... Read More

KDB completes financial connections across Southeast Asia

South Korea’s state-run financier has established connections across Southeast Asia to export its know-how on development finance to other countries. The Korea Development Bank announced last week that it has signed a memorandum of understanding with Sarana Multi Infrastruktur, or ... Read More

KITA : Ekspor Korsel Tahun 2017 Naik 3,9%

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Little Progress in S. Korean Exporters’ Competitiveness

A study finds that 36 percent of South Korean exporters have a competitive edge in the global market. The Institute for International Trade under the Korea International Trade Association(KITA) conducted the study on about eleven-hundred exporters last month. According to ... Read More

Samsung Extends Record-High Market Share in Mobile DRAM

Samsung Electronics has further cemented its dominance in the world’s mobile DRAM(dynamic random-access memory) chip market, extending its record-high market share for the second straight quarter. According to industry tracker DRAMeXchange on Friday, Samsung's sales of mobile DRAM amounted to ... Read More

Huawei Advance to Korea Mobile Phones Premier Market

The largest China's smart phone company, Huawei joined LG Uplus to advance in Korea market. Huawei introduced a smart phone P9 premier class on Wednesday (11/23/2016) in Seoul, which the phone will be launched by LG Uplus on 2nd December. ... Read More

S. Koreans’ Spending in Rice, Meat, Coffee Continuously Falling

Belt-tightening among South Koreans is continuing for an unprecedentedly long period with no rise in household income. According to Statistics Korea on Tuesday, spending by families with two or more members on groceries and nonalcoholic drinks fell three-point-two percent year-on-year ... Read More