foreign tourist spending

Smart Study Ventures, a corporate venture capital (CVC) affiliated with The Pinkfong Company, said on Thursday that it has created a "Baby Shark Nex...

The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...

South Korea's KB Asset Management Co. is set to sell two three-star hotel buildings in Myeong-dong, one of the most popular spots for foreign touris...

South Korea's convenience store franchiser GS Retail said on Monday that it would introduce foreign currency exchange kiosks at its convenience st...

Middle Eastern countries have emerged as a blue ocean for the South Korean game industry, ranking first in both per-capita usage amount and playtime...

Despite the global popularity of Korean food, a poll says the cuisine has a long way to go in seeing development as a business sector.The Korea Comm...

Tesla, Inc. was the investors’ choice in South Korea this year, ahead of other overseas stocks.According to the Korea Securities Depository he...

BGF Retail, a franchiser that operates convenience store chain CU, said on Tuesday that it would implement an instant VAT refund service for foreign...

The merger between South Korea's two leading airlines Korean Air Lines Co. and Asiana Airlines Inc. passed a hurdle as China's antitrust watchdog ga...

Saving income to buy a house in South Korea has become more difficult and taking longer, according to a report by the Ministry of Land, Infrastruc...

South Korea’s budget airlines are facing growing competition with foreign carriers on profitable international routes with the reopening of ai...

LG Energy Solution Ltd., the world’s No. 2 electric vehicle (EV) battery maker, is poised to spend $3.1 billion on facilities in South Korea t...

South Korea plans to more than double the number of skilled foreign workers next year as the country is struggling with a declining workforce at its...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has joined the race to acquire South Korean marine engine and equipment maker STX Heavy Ind...

  South Korea put a newly built nuclear reactor into full operation on Wednesday to reinforce energy stability, reviving its goal of becoming ...

South Korean retail giant Shinsegae Group Chairwoman Lee Myung-hee has maintained the most expensive house for an eighth straight year in South Kore...

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, is poised to invest 1.5 trillion won ($1.1 billion) in re...

South Korea’s battery industry has suffered from a talent shortage, especially in the research and development, design as well as process sect...

In order to address the chronic shortage of industrial engineering manpower, a research report proposed that South Korea put more effort into attracti...

South Korea’s Kakao Corp. has unveiled a series of measures to prevent a recurrence of service disruptions after the mobile platform giant cam...

Korea last month saw its first rise in foreign exchange reserves in four months amid monetary authorities selling the greenback to avert a sharp dep...

When it comes to the global startup ecosystem, South Korean cities, including the capital Seoul, often do not come to investors’ minds before ...

Overseas card spending by residents in South Korea rose to a nearly three-year high in the third quarter as international travel surged with countri...

South Korea will reform financial market regulations to attract more foreign investments and to achieve MSCI Inc.’s developed market status fo...

Seoul has become the top destination for Japanese tourists for the first time since 2011, according to Japan’s leading travel agency HIS Gro...

As restrictions to traveling across national borders loosen, the number of international travelers to both South Korea and Japan have been on the ri...

South Korea's companies listed on the main stock exchange Kospi in this year's third quarter saw operating profit drop 26% from the same period last...

Lotte Group is set to inject a total of $651 million through its chemical units to save a construction affiliate from the fallout of a debt default ...

Global businesses are forecast to suffer supply chain disruptions next year amid worsening geopolitical risk, such as the Russia-Ukraine war and pro...

Korean Air Lines Co., the country’s flag carrier, plans to bring in new airplanes and spend $1.7 billion on safety measures after a recent spa...