International visitors to South Korea opened their wallets wider last year, and importantly, their spending is no longer concentrated solely in Seoul. New data suggests that tourism-driven consumption is increasingly benefiting regional economies across the country. More Visitors, Faster Spending Growth According to figures released by Orange Square, the company behind the foreigner-exclusive payment platform… Continue reading Foreign Tourist Spending in Korea Jumps 30% — And It’s Expanding Beyond Seoul
Tag: Korea
Made in Korea
Products and content labeled “Made in Korea” are enjoying a surge in global demand, particularly in entertainment and beauty. Spending on Korean cultural products is projected to nearly double to $143 billion by 2030, driven by worldwide audiences and the amplifying power of social media platforms like TikTok. The key question now is whether this… Continue reading Made in Korea
Cha Jun-hwan and Park Ji-woo Selected as Korea’s Flag Bearers for Winter Olympics
South Korea has chosen two of its most experienced winter sports athletes to lead the national delegation at the upcoming Winter Olympics in Italy. Figure skater Cha Jun-hwan and speed skater Park Ji-woo were named co-flag bearers for the opening ceremony of the Milan–Cortina Games, the Korean Sport & Olympic Committee (KSOC) announced Monday. The… Continue reading Cha Jun-hwan and Park Ji-woo Selected as Korea’s Flag Bearers for Winter Olympics
Korea’s Winter Cod Is Disappearing — And So Is a Seasonal Tradition
For generations, winter in Korea has been inseparable from cod. As temperatures dropped, the cold-loving fish would migrate south through the East Sea, filling coastal waters and markets with one of the season’s most cherished ingredients. From home kitchens to neighborhood soup houses, cod signaled the arrival of winter meals meant to warm the body… Continue reading Korea’s Winter Cod Is Disappearing — And So Is a Seasonal Tradition