1 In the Asia–Pacific (APAC) region, Japan increased its defense budget by 27 percent from 2022 to 2023 after a revision of its national security strategy, which now aims to spend 2 percent of its GDP on defense by 2027.2 South Korea plans to increase its defen...
Digital travel platform Agoda has ranked South Korea, Taiwan, Thailand, Japan, and Malaysia the top five Asian destinations with the strongest appeal to travellers on a culinary trip. Korean cuisine is a major draw for travellers considering Asia for their travels From a survey involving more than...
South Korea is well known for its culture of online gaming and often nicknamed the capital of egames. With 25.3 million gamers in 2016 (more than 50 per cent of the population), it is the fifth largest games market globally and the third largest in APAC behind China and Japan. In Korea...
We expect South Korean beauty brands to continue to move in this direction, focusing on packaging and product formulation. Want to find out more about K-Beauty industry’s expanding influence? Read our Spotlight article Korean Beauty Trends Continue to Capture Consumers in APAC and unpick the why...
In fact, Korea is something of an outlier in APAC based on the sheer breadth of use and unique apps provided to local users. For context, 93% of the country’s population aged 3 years and older use the internet, with 92.4% of the population using their smartphones to connect. In addit...
The samples in Argentina, Australia, Belgium, Canada, France, Germany, Great Britain, Hungary, Italy, Japan, the Netherlands, New Zealand, Poland, South Korea, Spain, Sweden, and the U.S. can be taken as representative of these countries’ general adult population under the age of 75. ...
Findings Real estate tokenization is a nascent market but platforms like BrickX, KASA, ADDX, and Minterest have successfully launched real estate tokens in Australia, South Korea, and Singapore, respectively. Tokenization may prove to be a viable funding source for those relatively poorly capitalized...
In 2012, South Korea performed 670 clinical trials, but kept pushing for even greater improvements. Over the next four years, it would open a Global Center of Excellence, start the Korea Clinical Trial Global Initiative (KCGI), and open a KoNECT Collaboration Center. The Collaboration Center is...
Navigate the evolution of the APAC sports market and discover tailored strategies for individual territories, including the Philippines, Thailand, Australia, New Zealand, China, Malaysia, Singapore, Japan and South Korea. Talking points include... ...
South Korea’sJeju Islandis also gaining momentum, especially among nature-driven epicureans. Known for its volcanic terroir and pristine seafood, the island now plays host to farm-to-table experiences that highlight Jeju black pork, sea urch...