travel deficit

South Korea’s outbound travelers spent 19.8% more in the first half of this year compared with a year ago amid a revival in overseas tourism, ...

As Japan eased its border restrictions at the end of last year, the number of passengers on routes between South Korea and Japan in the first half o...

South Korea expected overseas sales of semiconductors, the country’s top export item, to rebound from October while the auto, secondary batter...

South Korea’s top travel agency Hanatour Service Inc. saw a dramatic 661% increase in package tourists in June from the previous year, recordi...

Just like its neighboring countries in Asia, South Korea’s economic growth has long been swayed by the ups and downs of China, which heavily r...

Sales of Japan tour and activity products to South Korean travelers have surged in recent weeks, driven by an increase in the number of independent ...

South Korea’s exports in the first 20 days of June rose from a year earlier, seeing growth in the period for the first time since last August....

One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...

Kia Corp. announced on Sunday that its first large-scale electrified sport utility vehicle (SUV), the EV9, will be available for delivery to custome...

Trip.com, a South Korean travel platform, announced on Wednesday that the most frequent overseas travelers to Seoul during the “BTS Festa&rdqu...

The South Korean capital of Seoul is surging in global popularity as a summer travel destination amid the first peak summer season since COVID-19 we...

South Korea ran a current account deficit in April, swinging from the previous month’s surplus, as Asia’s fourth-largest economy continu...

South Korea’s golf equipment and apparel markets enjoyed a boom during COVID-19. But they are facing a downturn this year amid the growing pop...

South Korea's tourism platform unicorn Yanolja announced on Monday that it will expand its overseas travel services by linking with Traveloka, a ren...

South Korea last month suffered its 15th straight month of trade deficit, its longest streak since the 1997-98 Asian financial crisis, due to the de...

Major South Korean e-commerce companies’ deficits have mounted to a level near their combined funds raised from investors, stoking fears that ...

A survey result indicates an increased interest in travel to Japan compared to pre-No Japan boycott levels, while interest in travel to China has pl...

Hanatour Service Inc. announced on Friday the introduction of its beta service, "Travel Information AI," on Friday. The service utilizes artificial ...

In Myeongdong, Seoul’s shopping mecca, on May 14, street vendors were busy soliciting foreign tourists, greeting them in their mother tongues ...

South Korea's tourism platform unicorn Yanolja has acquired Go Global Travel (GGT), an Israel-based company for global business-to-business (B2B) tr...

South Korea’s exports are on course to drop for the eighth consecutive month as they declined in the first 10 days of May, data showed on Thur...

South Korea in March posted a current account surplus for the first time this year thanks to a surge in the dividend account that offset continuous ...

South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs w...

Vietnamese tourists splurged the most among foreign visitors to South Korea last year, filling the void left by Chinese travelers shunning Korea sin...

Kia Corp. announced on Wednesday that it will begin taking pre-orders for the "Kia EV9." The EV9 is Kia's second dedicated electric vehicle based on...

The Korea International Trade Association (KITA) has urged South Korea to develop a strategy to strengthen exports to China based on its market situ...

Global luxury brand Louis Vuitton will premiere a fashion show in Seoul this weekend, expecting to attract leaders from the global fashion, culture ...

After a hiatus of over three years due to the impact of COVID-19, the flight route between Incheon, South Korea, and Changsha, Hunan, China, has res...

Demand for overseas flights in South Korea has exploded since the resumption of air travel operations amid the substantial easing of COVID-19 restri...

The South Korean won fell to the weakest level in almost five months, underperforming other currencies despite a softer dollar, as sluggish fundamen...