Category Archives: News

Korean News on the Sewol Ferry desaster

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Prayers and thoughts are with the victims and survivors of the ferry that capsized off the south coast of Korea. Clearly the press seems to have different priorities. The Korean press are interested in insurance policies whereas the foreign press are talking about water temperature.

Eatwatchers in South Korea

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The latest trend in South Korea: Paying to watch online somebody eating.


With 1/3 of single person households in Korea this trends hit the nerve modern young Koreans. The video stream helps to avoiding the awkwardness of eating alone.
Theg in the Video makes 9000USD per month with her 3 times per day broadcast.

Kimjang is now UNESCO Cultural Heritage.

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Kimjang, or preparation for making kimchi. Photo taken in South Korea 한국어: 대한민국 풍경

The process of making kimchi, Korea’s iconic side dish, entered the UNESCO list of intangible cultural heritages, according to the South Korean government.

UNESCO selected “kimjang,” a term coined to describe Korea’s tradition of making and sharing kimchi in the fall, as an Intangible Cultural Heritage of Humanity at the eighth Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage in Baku, Azerbaijan.
The process of making kimchi, Korea’s iconic side dish, entered the UNESCO list of intangible cultural heritages on Thursday, according to the South Korean government.
Articel written by  Steve Han, http://iamkoream.com/
Photo: Source, Wikipedia

Korea Fact No. 17: The world largest IKEA store will be in Korea

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The world’s largest furniture store chain IKEA will set up a huge store in Gwangmyeong, Gyeonggi Province in 2014. IKEA Korea won a bidding by the Korea Land & Housing Corporation for a 78,198 sq. m plot for W234.6 billion (US$1=W1,159) on Tuesday.
Unlike in most Western countries, where IKEA is cheap because customers have to pick up their goods and assemble them themselves, the store here will provide delivery and assembly services through a subcontractor, a spokesman said.


“The Gwangmyeong store is expected to open in 2014, but we’re also looking for another candidate site in the Seoul metropolitan area, so the first IKEA store in Korea may open somewhere else,” he added.

 

The Swedish company will set out to build the store and open it by the end of 2014. As the US$36-billion behemoth moves into the market, Korea’s furniture retailers are already fretting that they would soon be wiped out by the super-efficient retailer.

IKEA’s Gwangmyeong location near the KTX station will be built in a 78,198-square-meter site with a total floor area of 25,759 square meters. Established in 1943 by a 17-year-old Ingvar Kamprad who is now one of the richest people in the world, IKEA has today 338 stores across 40 countries worldwide. By targeting young families based on the strength of low prices and smart design, the company has grown into the world’s largest furniture seller.

Major homegrown furniture brands such as Hansaem and Livart are saying they would respond to the attack of IKEA with a differentiation strategy, including the reliance on online sale. Still, there is little defense against the low-cost retailer whose average selling price is 20 to 30 percent lower than Korean competitors.

Source: https://www.koreatimes.co.kr
http://english.chosun.com/
http://www.koreaittimes.com/

Do not miss Buddha’s Birthday – 17th of May 2013

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Get prepared for Buddha’s birthday (Seokka Tanshin-il). This year  its is at the 17th of May. The birthday of the Prince Siddhartha Gautama is celebrated on the 8th day of 4th lunar month. This is the official holiday in South Korea.

All tempel neighborhoods wil be decorated with lanterns. There is also always a beautiful lantern installation at the Cheonggyecheon River.