According to Korea International Trade Association’s report released on Dec. 2, 6.1 percent of Korean college and undergraduate students are willing to start their own business after graduation while the percentage is as high as 40.8 for their Chinese counterparts.The organization mentioned an activ

The competition for lunch box meals is getting fiercer among South Korean convenience stores, as the market is growing rapidly largely due to the rise of single-person households and the bad economy.Sales of the mass-produced lunch boxes at convenience stores surged a whopping 65 percent during the

The PyeongChang Organizing Committee for the 2018 Olympic & Paralympic Winter Games (POCOG, President Yang-ho Cho) appointed Major League Baseball (MLB) pitcher Ryu Hyun-jin as an Honorary Ambassador on Nov. 26th, in Seoul, Korea.Ryu Hyun-jin will take part in PyeongChang’s numerous promotional acti

The Korea Tourism Organization (KTO) said that a promotional Korean tourism video called “Go to Korea!” aired in “1st Look,” a weekly lifestyle show on NBC, for 30 minutes around the U.S. on Nov. 21 (local time).NBC’s 1st Look is a TV program in which an American actress, the main host, travels to o

Dr. Steven K. Lee was inaugurated as the president of George Mason University Korea (GMUK) at a ceremony held at the Incheon Global Campus concert hall on Thursday, Nov. 19. The ceremony was attended by more than 200 dignitaries, business and community leaders from around the world.During his inaugu

The Embassy of Denmark in Seoul hosted a press conference for Biocare Copenhagen’s launch in Korea on Friday, Nov. 13 at the Shilla Hotel in Seoul. It was the first official introduction ofBiocare Copenhagen to the local press as well as Denmark’s global competency in the probiotics industry.On the

Blending the brilliance of the sun with the beauty of the earth, Lumi Spa proudly presents its “Caviar Cell Vital” package to effectively boost the skin’s vitality and relieve sensitive, dry and rough skin during winter.This promotional treatment lasts for 90 minutes and is a program that includes f

The government announcement regarding new duty-free shop operators on Nov. 14 removed the duty-free shop license from Lotte Duty Free Shop’s branch at Lotte World Tower, dealing a huge blow to the Lotte Group. But it is expected that the Lotte Group will keep its number one position in the duty free

A new airport in Jeju Island will be built in Sinsanri, Seogwipo City by 2025.The Ministry of Land, Infrastructure and Transport announced on Nov. 10 that it will build “a second airport” in Sinsanri, Seogwipo City. The target area is located near Seongsan Ilchulbong, or Sunrise Peak, that was inscr

The Federation of Korean Industries (FKI) said on Nov. 10 that the combined sales of domestically listed Korean food companies are merely 60 percent of Nestlé’s, and the export of food from Korea is less than 10 percent of those of key industries such as automobiles and semiconductors. In addition,

The Embassy of Denmark in Seoul marked the grand finale of its DELICIOUS DENMARK cooking event series on Oct. 31 with two workshops titled “D PASS Danish Cooking Workshop: Danish Recipes to Warm Your Heart.”The workshop brought in 70 Korean guests who made 7 kinds of Danish open sandwiches and canap

This may be good news for Korean soju companies and soju lovers. It was found on Nov. 6 that three to four glasses of soju reduce stroke (cerebral infarction) risk. It is first time to confirm that not wine or beer, but soju (diluted alcohol) common among Asians helps prevent strokes.A team led by D

CJ 4DPLEX (4DX), a five-sense immersive cinematic theater, has set a record of 10 million customers in one year. CJ 4DPLEX, the CGV subsidiary, said on Nov. 5 that for the last 10 months (from January to Oct. 29), the theater brought audiences that surpassed the 10 million annual mark worldwide. Con

The SPC Group, a Korean pastry conglomerate, announced on Nov. 4 that it has opened Paris Baguette Café and Bakery in Las Vegas, the world’s largest entertainment city, for the first time in the domestic bakery industry. It is Paris Baguette’s 44th store to open in the United States.Paris Baguette C

E-Land-run Seorak Kensington Stars Hotel announced on Nov. 3 that the Group will launch a seasonal package for late autumn in November.Titled “Last Autumn,” the package has two options. One is a “Romantic Getaway” and the other is a “Weekday Special” deal, each costing 149,000 won (for two) and 129,

As the popular souvenir for foreign tourists, the Red Ginseng Extract Royal Tour Edition is an extract using six-year-old red ginseng, putting the illustrations of Korea’s eight famous tourist attractions, including Seongsan Ilchulbong, also called “Sunrise Peak,” Mt. Seorak, Bulguksa Temple, and Se

Nolboo Co. Ltd., the Korean food services company, has opened its 14th “Nolboo Budaejjigae & Cheolpangui” restaurant in Shanghai a year and a half after it entered the Chinese market.Nolboo first tapped into the Chinese market in May 2014. From Jan. to Sept. this year, Nolboo posted 4.2 billion won

CJ E&M has selected 50 small and medium-sized enterprises (SMEs) to take part in the “2015 Mnet Asian Music Awards (MAMA),” which will take place in Hong Kong in Dec.Earlier this month, the company received applications from SMES, who want to tap into Chinese markets, along with the Small and Medium

The Embassy of South Africa and the Korean Culture Association held a screening ceremony for “SKIN” at the Seoul Museum of History on Oct. 15. About 150 spectators, mostly members of diplomatic corps and members of the Korean Culture Association, attended the screening.  SKIN is a 2008 biographical