News & Event
- News & Event
According to Yonhap News,
(DAEGU=Yonhap News) Cosmetics and beauty supply companies in Daegu are making inroads in growing markets of Southeast Asia by entering into a series of export contracts at a beauty industry exhibition held in Thailand.
Beauty companies based in Daegu collectively had 70 consultations and landed export contracts worth around USD 550,000 at the 'K-Beauty Expo Bangkok 2016' held for four days from Sep 22, 2016.
Following the signing of the agreements, four Daegu-based firms will export cosmetic products and beauty supplies to companies in Vietnam, Thailand and China.
"For Korea, Thailand serves as a hub of Southeast Asia's export markets which exhibited 40% growth in the first half of this year," said Kim Mi-ryeo, head of the Korean Medicine Industry Support Center in the Daegu Techno Park. "Winning export deals well shows Korean cosmetic products are highly competitive."
Copyrights Yonhap News. All Rights Reserved.
Source: Yonhap News (Sep. 28, 2016)
** This article was translated from the Korean.