
myeongdong
Unbiased History & Stories on Korea for Global Audience
Sponsored by Open Korea Foundation
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Duty-free underdog Kyung Bok Kung outshines Lotte, Shilla
Kim Tae-hoon, CEO of Kyung Bok Kung Duty-Free, speaks at the grand opening of its outlet at Cheongju International Airport…
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Seoul breaks ground for Mt. Namsan gondola lift facility
Seoul Mayor Oh Se-hoon gives a celebratory speech at the groundbreaking ceremony for the Namsan gondola facility construction The Seoul…
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S.Korea’s Q2 GDP slows 0.2%, upholds rate cut expectations
Empty shopping district in Myeongdong, Seoul (Courtesy of News1 Korea) South Korea’s economic growth slowed in the second quarter on…
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S.Korean travel retailers’ downfall without Chinese big spenders
Lotte Duty Free shop entrance in Myeongdong, Seoul (Courtesy of Yonhap) Before COVID-19 swept the world, South Korea’s top two…
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Korean Telco giant KT’s Midas touch with hotel business
Le Méridien Seoul in Myeongdong (Courtesy of Le Méridien) KT Corp., one of South Korea’s top three mobile carriers, is…
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Duty-free stores: No more golden goose for Korean retailers
A Lotte Duty Free store in downtown Seoul South Korea welcomed a record-high number of post-pandemic foreign tourist arrivals for…
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Mom’s Touch opens new flagship store in Myeongdong
South Korean homegrown burger and chicken brand Mom’s Touch & Co. announced on Tuesday that it opened a new flagship…
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Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul
Four Seasons Hotel in central Seoul Globally renowned hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South…
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Korea’s factory output backpedals, but spending recovers in March
Shoppers and tourists in the Myeongdong shopping district South Korea’s factory activity weakened in March on a fall in manufacturing…