Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Will tug-of-war between doctors, government end soon?
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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Gov’t limits duty-free shopping to stop hoarding
[THE INVESTOR] The number of items bought at duty-free stores will be limited to prevent hoarding and proxy buying. The Korea Customs Service recently sent out an instruction to duty-free store operators to limit individual purchases to 10 bags and watches, and up to 50 cosmetics and perfumes of a single brand, based on the date of leaving the country. A Seoul duty free store is packed with travelers.The customs office is seeking to prevent illegal distribution of duty-free goods in the country,
July 29, 2016
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AmorePacific posts record Q2 earnings on upbeat overseas sales
[THE INVESTOR] AmorePacific Group, the nation’s largest beauty company, on July 29 posted its best second-quarter earnings, largely driven by its soaring overseas sales especially in China. The company said April-June operating profit surged 27.1 percent to 309.7 billion won. Revenue stood at 1.79 trillion won, up 27.1 percent on-year. A Chinese customer tries out a Sulwhasoo foundation at a Seoul department store. AmorePacificDomestic sales at about 1.38 trillion won still made up the larger p
July 29, 2016