consumer goods
Scope
Date
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Travel & Leisure
MyRealTrip launches restaurant reservation service in Japan
South Korea's travel app MyRealTrip announced that it partnered with the Japanese accommodation and restaurant reservation platform Ikyu, becoming t...
Jul 24, 2023 (Gmt+09:00)
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Logistics
Hanjin teams up with global fandom company bemyfriends
South Korea's Hanjin Transportation on Wednesday said it signed an agreement on business cooperation in the US with the Seoul-based global fandom co...
Jul 20, 2023 (Gmt+09:00)
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Electronics
Samsung's Bespoke Goes On campaign video exceeds 20 mn views
Samsung Electronics Co. announced on Tuesday that its Bespoke Goes On campaign video for the Bespoke refrigerator has surpassed 20 million views on ...
Jul 11, 2023 (Gmt+09:00)
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Economy
Korea logs current account surplus in May on brisk sales of goods
South Korea’s current account swung to the black in May from a deficit the prior month, thanks to a surplus in the goods account for the secon...
Jul 07, 2023 (Gmt+09:00)
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Electronics
LS Cable commercializes world's thinnest LAN cable
South Korea's LS Cable & System announced Wednesday that it has brought to market the world's thinnest LAN cable with a 6 mm outer diameter, cap...
Jul 05, 2023 (Gmt+09:00)
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Electronics
Samsung Gangnam takes aim at Apple Store to lure MZers
Apple Inc., the world’s leading premium smartphone maker, opened its latest South Korean flagship store in the bustling neighborhood of Gangna...
Jun 29, 2023 (Gmt+09:00)
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Webtoons
S.Korea's Naver Webtoon to expand IP-based operations
South Korea's Naver Webtoon is selling its online intellectual property (IP)-based webtoon products on the offline market to expand its webtoon IP o...
Jun 27, 2023 (Gmt+09:00)
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Culture & Trends
S.Korean content biz event in Indonesia targets SE Asian consumers
An export conference for South Korean content this week in Jakarta, Indonesia, targeted the Southeast Asian market's population of 600 million.The I...
Jun 23, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor's Genesis delivers Korean luxury to Europe
MUNICH – It is always challenging to bring a lesser-known car marque to Europe, home to well-established, globally known brands such as Merced...
Jun 19, 2023 (Gmt+09:00)
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Leadership & Management
CJ Darcl certified as best workplace in India by GPTW
CJ Logistics announced on Thursday that its Indian affiliate CJ Darcl has been certified as a 2023-2024 Best Workplace in India by GPTW, a research ...
Jun 15, 2023 (Gmt+09:00)
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Korean games
Nexon celebrates 20th anniversary of MapleStory
South Korean gaming giant Nexon Co. marks the 20th anniversary of its popular online game, MapleStory, with a host of exciting ventures based on the...
Jun 12, 2023 (Gmt+09:00)
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Economy
Korea’s current account swings to deficit, four-month figures worsen
South Korea ran a current account deficit in April, swinging from the previous month’s surplus, as Asia’s fourth-largest economy continu...
Jun 09, 2023 (Gmt+09:00)
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Retail
Korean golf club, apparel markets face decline in post-pandemic era
South Korea’s golf equipment and apparel markets enjoyed a boom during COVID-19. But they are facing a downturn this year amid the growing pop...
Jun 09, 2023 (Gmt+09:00)
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Food & Beverage
S.Korean gov’t to showcase domestic fresh eggs in Hong Kong
South Korean Ministry of Agriculture, Food and Rural Affairs and Korea Agro-Fisheries & Food Trade Corporation (aT) announced on Friday that it ...
Jun 09, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix launches portable SSD Beetle X31
SK Hynix Inc., the world’s second-largest memory chipmaker, unveiled its latest product, the Beetle X31, a portable Solid State Drive (SSD) ...
Jun 05, 2023 (Gmt+09:00)
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Airlines
S.Korea gov’t urges caution on using Vietjet Air, AirAsia
South Korean consumers have witnessed a substantial rise in complaints related to Vietjet Air and AirAsia, popular low-cost carriers used for trav...
May 26, 2023 (Gmt+09:00)
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Corporate investment
CJ dreams to build new kingdom in US with massive investment
CJ Group, a major South Korean conglomerate with a wide range of businesses spanning everything from food to bio, livestock feed, logistics, enterta...
May 25, 2023 (Gmt+09:00)
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Pension funds
Korea's NPS maintains good grade despite heavy losses: finance ministry
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion) in assets as of end...
May 23, 2023 (Gmt+09:00)
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Electronics
LG Elec’s home appliance selected as most reliable brand in US
South Korea's LG Electronics Inc. has been named the most reliable appliance brand by American consumers.According to Consumer Reports, a leading ...
May 15, 2023 (Gmt+09:00)
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Pension funds
NPS' alternative assets underperform benchmark amid high inflation
National Pension Service (NPS) in South Korea, the world’s third-largest pension fund, saw its returns on alternative investments last year un...
May 11, 2023 (Gmt+09:00)
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Economy
S.Korea in March posts first current account surplus in 3 months
South Korea in March posted a current account surplus for the first time this year thanks to a surge in the dividend account that offset continuous ...
May 11, 2023 (Gmt+09:00)
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Earnings
Slowing economy slams S.Korean retailers; outlook dim
South Korean major retailers are suffering from a slowdown in Asia’s fourth-largest economy, adding to concerns about weaker earnings in the c...
May 10, 2023 (Gmt+09:00)
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Retail
Chinese shoppers slash online purchases of Korean goods
Chinese shoppers have slashed online purchases of South Korean goods since the outbreak of the COVID-19 pandemic, tightening their wallets mostly on...
May 02, 2023 (Gmt+09:00)
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Electronics
LG Elec to strengthen its direct-to-consumer sales strategy
South Korea's LG Electronics Inc. is strengthening its direct-to-consumer (D2C) strategy and expanding its lineup of low- to mid-priced products to ...
Apr 24, 2023 (Gmt+09:00)
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Travel & Leisure
Korea Tourism Organization to host K-Tourist Festival in Japan
The Korea Tourism Organization announced on Thursday that it will hold a "K-Tourism Festival" on Apr. 21-22 in Hiroshima and Fukuoka, the key market...
Apr 20, 2023 (Gmt+09:00)
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Banking & Finance
Korean banks’ profits hamstrung by tighter rules, consumer behavior
South Korea’s commercial banks usually post decent earnings driven by high interest income when the country’s policy interest rates are ...
Apr 18, 2023 (Gmt+09:00)
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Beauty & Cosmetics
LabGenomics, Amorepacific sign gene testing service supply deal
South Korea's molecular diagnostics company LabGenomics Co. announced on Monday that it has signed a gene testing service supply contract with Amore...
Apr 17, 2023 (Gmt+09:00)
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Culture & Trends
Preppy style attracts Korea's Gen Z, Alpha seeking retro trends
A licensed fashion brand from the University of Cambridge has entered South Korea as more young consumers are enthusiastic about the so-called Ivy L...
Apr 13, 2023 (Gmt+09:00)
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Retail
Hyundai Dept. Store to open first Disney Store in Korea
South Korea's Hyundai Department Store Co. said on Thursday that it has acquired the operating rights of Disney Store, a retail brand of Walt Disney...
Apr 13, 2023 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young introduces Beauty Box filled with K-beauty products
South Korea's health and beauty store chain operator CJ Olive Young Co. announced on Thursday that it will introduce its K-beauty curation service c...
Apr 06, 2023 (Gmt+09:00)