American consumers of Korean cosmetics and skin-care products are bulk buying, as President Trump threatens 25 percent ...

Trump wants to impose a 25% tariff on South Korea, but it's been postponed. Will three more weeks be enough time to negotiate? Will there be another extension?

On June 3, Korean voters will head to the polls for a snap presidential election. The outcome will reverberate far beyond Korean domestic politics.

The Korea Customs Service and the Korea Duty-Free Shop Association announced on the 23rd that the "Korea Duty-Free FESTA 2025" will be held for 62 days from the 27th to June 28. This event is a ...

South Korea seeks visa exemption to revive struggling duty-free industry Government aims to boost struggling duty-free market through visa policy for tourists.

On March 12, 2025, South Korea's Financial Services Commission (FSC) announced plans to introduce comprehensive investment guidelines by Q3 2025, aimed at regulating institutional participation in ...

SEOUL (Reuters) - South Korea's economy grew 0.1% in the third quarter, revised central bank data showed on Thursday, unchanged from its advance estimates issued in October.

Major duty free shops in Korea are facing significant losses that are unlikely to recover, as tourists in the country are embracing a new trend, shifting away from the once-popular shopping sector ...

The four major duty-free shop operators in South Korea on Thursday posted operating losses in the third quarter, marking the first quarter in almost two years for all the duty-free store leaders to ...

The Ambassador of the Republic of Korea to Nigeria, Kim Pankyu, has said the trade relations between Nigeria and his country recorded a 50 per cent increase in the third quarter of 2024.

The duty-free business saw a slight increase in sales but posted an operating loss of 16.2 billion won due to rising space rental fees at Incheon International Airport, a slowdown in consumer spending ...

The Bank of Korea said in an advance estimate that gross domestic product in Asia's fourth-largest economy expanded 0.1% during the July-to-September period compared with the previous quarter.