As streaming services raise fees, some turn to illegal streaming sites
Subscription rates for streaming services are rising amid already high inflation, and such price hikes are stoking a boom in Koreans' use of illegal streaming sites.
Lee Yoon-seo
Incheon Airport goes global to Batam, Indonesia
Operating under a build-transfer-operate business model, the project, which mainly includes building a new cargo terminal as well as a passenger terminal, expanding passenger…
Food trade agency launches global low-carbon diet campaign
A low-carbon diet refers to the consumption of foods that leave a minimal carbon footprint, such as foods that have been processed less.
Global Kimchi Day declared
The Global Kimchi Forum, a consultative body bringing in voluntary cooperation globally to encourage the adoption of Kimchi Day around the world, was also launched as a part of…
Korea, Japan airport operators hold first post-COVID talks
During the meeting, Chief Executive officer Yoon and Takashiro, CEO of Japan Airport Terminal, praised the role the two airport operators' cooperation played in furthering the…
Kakao founder vows to reassess all businesses from ground up
There has been recent controversy surrounding allegations that Kakao's executives took part in artificially inflating SM Entertainment's stock price by investing some 240 billion…
End of Chinese tourist boom?
Experts say it is necessary for Korean beauty and duty-free businesses to lessen its dependence on Chinese consumers.
Beef prices have soared 100-fold over 50 years: data
According to data compiled by the Korea Price Research Center, a 1 kilogram cut of Korean beef that would have cost 1,366 won in 1974 now costs 145,900 won.
Prices for dining out in Korea soar beyond inflation
Price of pizza rose most, seeing a 12.3 per cent on-year growth in prices. The price of duck sold at restaurants rose second-most, with an increase of 7.3 per cent.
No more hurdles for Korea’s nuclear reactor exports?
A recent favourable ruling in the US may have lifted some pressure on South Korea regarding its export of nuclear reactors, but challenges remain as its US partner shows no sign…