Business
Korean Banks Target 2.7 Million Foreign Residents as New Growth Market Korean banks are turning their attention to the country’s growing foreign resident population as they search for new opportunities beyond the saturated domestic market. With over 2.1 million foreign residents now living in Korea, financial institutions are rolling out specialized products and services to … Read more
The Seoul Chicken Summit That Changed Everything When Business Meets Korean Culture Three of the world’s most powerful business leaders created an unforgettable moment in Seoul this week. “Jensen Huang”, the visionary CEO of Nvidia, “Lee Jae-yong”, Samsung Electronics Chairman, and “Chung Euisun”, Hyundai Motor Group Executive Chair, gathered for an intimate evening that would … Read more
How Hanam Pig Farm Broke the 15-Year Curse of Korean BBQ Franchises The Challenge That Everyone Said Was Impossible There’s a saying in Korea: “BBQ franchises don’t last long.” Unlike chicken restaurants that use processed meat, BBQ restaurants using raw pork face huge challenges in maintaining consistent quality across locations. While many famous Korean BBQ … Read more
The Dark Side of Hallyu’s Global Success Rising Tide of Fake Merchandise The explosive popularity of K-pop worldwide has brought an unexpected challenge—a massive surge in counterfeit merchandise flooding Korea’s domestic market. Recent data reveals a shocking truth that’s shaking up the entertainment industry. K-pop의 세계적인 인기가 예상치 못한 도전을 가져왔습니다. 바로 한국 시장을 범람하는 … Read more
South Korean Franchise Industry Faces Growing Revenue Gap Between Headquarters and Store Owners Concerning Trends in Franchise Performance The South Korean franchise industry is experiencing a significant disparity in revenue growth between headquarters and individual store owners. Recent data reveals that while franchise headquarters have seen substantial growth, individual outlet owners are struggling with declining … Read more