Ministry of Culture, Sports and Tourism redefined the scope of “K-culture” and adjusted the sector’s target market size from 300 trillion won ($219 billion) to 400 trillion won.

When President Lee Jae Myung took office last year, his administration's goal for K-culture exports by 2030 was set at $35 billion. On Thursday, th...

South Korea's Culture Ministry on Thursday raised its 2030 K-culture targets to a 400 trillion won ($265 billion) market and $110 billion in exports, up from pr

Ministry of Culture, Sports and Tourism redefined the scope of “K-culture” and adjusted the sector’s target market size from 300 trillion won ($219 billion) to 400 trillion won.