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Shoppers buying goods online from Television Broadcasts Limited’s Big Big Shop will be able to collect their purchases at any Circle K Convenience store across town. The click-and-collect service results from a partnership between TVB and Convenience Retail…
South Korean mobile carrier SK Telecom said it will use quantum cryptography technology to ensure security of its 5G mobile networks. The mobile carrier said Monday it has completed applying Quantum Random Number Generator (QRNG) technology of ID Quantique…
South Korea’s K-pop merchandise market is booming, reaching KRW 150 billion (US$132 million) last year. Led by the recent global fame of BTS, K-pop’s popularity has expanded far and wide, and a growing number of fans are enthusiastically spend their time and…
South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million. The company purchased the brand four years ago for KRW34 billion ($30 million), before taking over its global…
Woowa Brothers, the operator of the popular food delivery app Baedal Minjok, said Thursday that it succeeded in securing $320 million from major foreign investors including Sequoia Capital, famous for investing in leading tech companies such as Apple and…
South Korean banks are setting themselves up to score big in Vietnam as foreign ownership limits would be loosened. South Korea’s second-largest lender by assets, KEB Hana Bank, is interested in buying a 17.65 percent stake in the Bank for Investment and…
A government report has shown a rise in South Korean retail sales of food during the Chuseok holiday. The holiday, likened to the Korean version of Thanksgiving, is thought to have sparked a 6.9 per cent spike in combined revenue for major online and offline…
Among young South Koreans, civic rights activist and Democratic presidential nominee Jesse Jackson’s 1988 campaign T-shirts and French fashion brand Balenciaga’s Bernie Sanders-inspired caps are some of the hottest fashion items at the moment. “What size is…
GLAM.D, healthy diet brand from South Korea, has launched three products in Singapore exclusively at Guardian. With the festive season approaching, it’s the time for feasting on Christmas goodies and even Chinese New Year treats. Amidst all that glorious…
Asia “continued to boom” for travel retailer Dufry in the first half of this year. Bali, Cambodia, Indonesia, Macau and South Korea all achieved double-digit sales growth during the half year, with Chinese tourists credited for much of that growth. Australia…
Popular footwear label Converse has partnered with South Korean streetwear brand Kasina to release a collaborative capsule collection. Today’s Kasina x Converse global release on converse.com and in Kasina stores will feature Chuck 70 Ox and One Star…
The South Korean government has announced plans to hold an auction for 3.5-GHz and 28-GHz 5G spectrum on June 15. The government has also decided to go with its first proposed option of distributing the spectrum evenly among the nation’s three operators – SK…
South Korea has agreed to further open its auto market to the United States as the two countries prepare to amend their six-year-old free trade agreement, its top trade negotiator said Monday. South Korea’s Trade Minister Kim Hyun-chong said the United States…
The South Korean retail industry suggest that the popularity of “1,000 won coffee” is constantly growing. People are fond of it as it is brewed directly from the coffee machines and they get the opportunity to taste it while shopping at the convenience…
According to a state-run think tank Sunday, the economy of South Korea is preserving a decent growth rate while private spending is picking up, reaching a compensation for a hold up in corporate investment. In its monthly assessment of economic conditions,…
South Korea’s investment in the service sector has been focused on low value-added areas, such as wholesale, retail and restaurants, official data showed Monday. The gross fixed capital formation (GFCF) for the service sector was tallied at 256.1 trillion won…
