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Moody’s upgrades Korea to Aa2
Dec 21, 2015
Deputy Prime Minister and Minister of Strategy and Finance Choi Kyunghwan talks about Moody’s recent upgrade of Korea’s sovereign ratings to Aa2 during a press conference on Dec. 20. Moody’s Investors Service upgraded Korea’s issuer and bond ratings by one notch to Aa2, ...


Ready-mix packets bring baked snacks into the home
Dec 08, 2015
Ready-mix packets help people to cook and enjoy round savory cakes with nuts and honey, or hotteok, in the comfort of their own home. Hotteok -- round savory cakes with sugar, nuts and honey -- are some of the most popular snacks found on the streets of Korea. At the market or...


Wines of Korea reach new heights
Dec 07, 2015
Korean wines are improving their taste and quality through the development of new grape varieties and by conducting research into farming techniques. At a Korean wine exhibition last month, more than 100 Korean wines were on display, giving visitors a chance to taste their...


Social enterprise seeks better world through natural pr...
Nov 25, 2015
Social enterprises are generally small companies that make a profit by engaging in business activities ranging from production to sales, while at the same time providing people, especially those in need, with services or jobs. Their aim is to improve the quality of life for both ...


Home appliances to become newer, more convenient
Oct 29, 2015
More consumers are taking a closer look before purchasing white electrical goods, such as refrigerators or TVs.This is because they are looking for products that are priced at a more affordable price but which also feature more functions and require smaller space. The LG Twin ...


S. Korea ranks 4th globally in biz climate: World Bank
Oct 28, 2015
South Korea's business environment ranking has risen to fourth place among 189 countries on improvements in property registry, contract enforcement and minor investor protection, a report by the World Bank showed Wednesday. According to the international institution's annual "D...


Recycled scraps become luxury goods
Oct 19, 2015
Design is unique, but it is not unfamiliar. Bags can be made from the tops and bottoms of suits, or from recycled leather jackets and coffee-bean bags. You can also make a clutch bag made out of seat belts with pieces from an old necktie giving a particular flare. All of these ca...

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Soju sales rise across SE Asia
Oct 19, 2015
As the word "alcohol" comes from Arabic, so, too, did Korea's soju come from Arabia sometime in the 1200s. One of Korea's most popular alcoholic drinks, soju is now becoming popular in parts of Southeast Asia, following in the wake of successful Korean pop groups and soap operas ...


Cosmetic brand draws consumers with 'harmony'
Oct 16, 2015
They are high quality and are sold at decent prices. There's a wide range of products on offer and they have great packaging. For all those reasons, Korean cosmetics are much loved by Chinese consumers who tend to have similar skin tones to their Korean counterparts and who tend ...


Volvik colored golf balls stand tall in green fields
Sep 21, 2015
Volvik President Moon Kyung-ahn emphasizes the virtuous circle in the sports industry where companies invest in athletes with profits made from sales of good products, and the athletes who receive the investment use the products to promote themselves, which leads to stronger sale...