Latest News
Shopping Habits in Korea Changed Due to COVID-19
When you walk down the streets of Myeongdong, Dongdaemun, Garosugil (Sina-dong), and even inside COEX mall, you will notice that more and more stores are shutting down. Offline stores have been under pressure due to online retailers even before COVID-19. Shopping habits in Korea are changing as…
Will Bank of Korea Launch Digital Currencies in Korea?
The Bank of Joseon introduced currency notes in Korea back in 1946. 4 years later, a new central bank called the Bank of Korea replaced the Bank of Joseon. Now they play a major role in maintaining price stability in South Korea. However, recently with the rise of Bitcoin and other…
Why is the Youth Unemployment Rate in Korea so High?
The youth unemployment rate in South Korea currently stands at 10%. South Korea overall lost over 1 million jobs from the same time last year. The majority of job loss was in the service sector which has been hit especially hard during the coronavirus pandemic. Retail jobs, hotel jobs, and…
DYNAIR – The Premium Air Sterilizer and Air Purifier
COVID-19 has increased the demand for air sterilizers around the world. South Korea is home to some of the top air purifiers due to Korea’s dealing with fine dust every single year. However, an innovative startup in Korea has combined Korea’s air purification know-how with its air sterilizer…
HARLIE K – A Vegan Upcycled Eco-Friendly Fashion Brand
The last decade has seen the popularity of eco-friendly and upcycled fashion brands. There are several reasons for this trend. One is that consumers are becoming more aware of the negative environmental impact of the fashion industry. The manufacture of fashion items requires a lot of energy and…
Griid – Tennis Social Media App – Find your Next Partner
As any tennis player knows, finding a partner for an offline game can be difficult. There are few public courts available, and it can be challenging to find someone who is both willing and able to play. However, a new social media app called griid makes it easier for tennis players to connect.…
