Covid-19 and ban on drinking-in have not stopped coffee craze in South Korea.…
South Korean online shopping grows over 20% in January
Online shopping in South Korea grew more than 20 percent in January from a year earlier as the protracted pandemic promoted more people to buy products via e-commerce platforms, data showed.…
South Korea’s wine imports reaches a record high in 2020 amidst Covid-19
South Korea’s wine imports reached a record high in 2020 as more people enjoyed drinking at home due to the coronavirus outbreak, data showed.…
How did Korea’s wine business do this year?
South Korea’s wine imports rose more than 9 percent in the first eight months of the year as more people enjoyed drinking at home and alone due to the coronavirus outbreak, data showed.…
South Korea restricts operations of restaurants and cafes in Seoul
Korean government announced stricter social distancing measures on 28th August to ban food and drink consumption inside of cafes and restaurants in the Seoul metropolitan areas in efforts to curb the …
How did South Korea’s retail industry do in July?
Retail sales in South Korea advanced 4.4 percent in July from a year earlier as online platforms have enjoyed a spike in demand for groceries and home appliances amid the coronavirus pandemic, data sh…
Ikea Korea’s sales grew by 30%
Ikea Korea said it saw sales growing by over 30 percent in the fiscal year of 2020 following increased interest in home furnishing amid COVID-19.…
South Korea’s instant noodle market records high sales
The instant noodle market in South Korea recorded all-time high sales of US$952.2 million in the first half of this year, largely affected by the COVID-19 pandemic, data showed.…
South Korean airlines may face financial crisis
South Korea’s domestic airlines are facing increasing concerns that the airline industry’s financial crisis could worsen as the second wave of COVID-19 infections spreads quickly around So…
South Korea to boost digital transformation for retailers
South Korea said it will remove unnecessary regulations to help local retail companies to utilize more high-end technologies and keep up with soaring demand for delivery services amid the new coronavi…