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Tue, December 12, 2023 | 05:04
Big question on Saemangeum: Will foreign investors come?
Hopes are high for the Saemangeum project in North Jeolla Province, but there are questions about the so-called future East Asian hub's ability to compete for foreign investments, especially with China.
Can AmorePacific grow overseas?
At the Lotte Department store in downtown Seoul, several women make a beeline for the Sulwhasoo and Hera counters to buy face creams that promise radiant and glowing skin, some of which retail for more than 200,000 won ($175).
CJ to open global hansik franchise
Move over McDonald's burgers and Starbucks coffee, make way for Bibigo's bibimbap.
EU FTA win-win deal
With the free trade agreement (FTA) between Korea and the European Union (EU) to be implemented by next year, more European businesses are expected to show an interest in investing here.
Isabelle’s serves mouthwatering steaks
Dosan Park is already one of the up-and-coming neighborhoods in southern Seoul, with a mix of stylish restaurants and luxury shops.
Koreans buy luxury at duty-free shops
When it comes to shopping for Louis Vuitton, Chanel and Gucci, many Koreans are not flocking to the posh flagship stores in Cheongdam-dong. Instead, they head to Lotte and Shilla Duty-Free shops or purchase at Incheon International Airport.
Swarovski leads do-it-yourself trend
Walk around a department store in Seoul and it may seem like almost every other item is sparkling with crystals ― from jewelry, dresses and shoes to tea cups, chandeliers and even refrigerators.
Fading foreign brands recycled
In the 1980s, brands like MCM and Louis Quatorze were everywhere, but soon faded into obscurity in the global market. Both brands practically follow the same story, as they thrived as licensed brands in Korea before being acquired by Korean companies.
Round 2 for SC vs. tax agency begins
The legal battle between Standard Chartered Bank (SC) and the local tax agency has entered a second round, with the U.K. banking giant lodging an appeal against the 45 billion won ($40,000) in corporate taxation in 2005.
Car sales soar in April
Several Korea-based carmakers reported robust sales in April, which was attributed to continued strong demand from domestic and overseas markets.