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McDonald’s Korea Suspends Contract with Undercooked Burger Patty Supplier

McDonald’s Korea Suspends Contract with Undercooked Burger Patty Supplier

SEOUL, Dec. 1 (Korea Bizwire) – McDonald’s Korea said Friday it has suspended a contract with the supplier of the burger patties that are suspected of having caused consumers to get ill due to undercooking. “We’ve temporarily stopped receiving burger patties from Mckey Korea as of today,” the South Korean unit of the U.S. fast [...]

S. Korean Drug Companies to Make Powdered Tamiflu

S. Korean Drug Companies to Make Powdered Tamiflu

SEOUL, Dec. 1 (Korea Bizwire) – South Korean drug manufacturers are producing generic versions of Tamiflu in powered form for babies, children and the elderly — groups who have difficulty with capsules — industry sources said Friday. About 100 South Korean drugs companies are producing generic versions of Tamiflu to ease the shortage in supply [...]

S. Korea, U.S. Not Considering Any Military Measures Against N. Korea: Cheong Wa Dae

S. Korea, U.S. Not Considering Any Military Measures Against N. Korea: Cheong Wa Dae

SEOUL, Dec. 1 (Korea Bizwire) – South Korea and the United States have not discussed any military options, including a naval blockade, against North Korea, an official from South Korea’s presidential office Cheong Wa Dae said Friday. The remarks came hours after President Moon Jae-in and U.S. President Donald Trump held their second telephone conversation [...]

Over-The-Counter Drug Industry Growing Rapidly

Over-The-Counter Drug Industry Growing Rapidly

SEOUL, Dec. 1 (Korea Bizwire) – The market for over-the-counter drugs sold at convenience stores reached 28.5 billion won last year, with painkiller Tylenol being the most popular item. According to distribution statistics released by the Health Insurance Review & Assessment Service on Thursday, over 9.8 billion won worth of the caplet type of 500 [...]

Woori Bank’s Acting Chief Named to Lead Lender

Woori Bank’s Acting Chief Named to Lead Lender

SEOUL, Nov. 30 (Korea Bizwire) – The board of Woori Bank on Thursday named its acting chief Sohn Tae-seung the new head of South Korea’s No. 3 lender, officials said. Sohn, the lender’s executive vice president and head of the global business group, was designated to lead the bank for a three-year term at a meeting of board members. Sohn, 58, has [...]

BTS Throws Mini Concert for U.S. Talk Show ‘Jimmy Kimmel’

BTS Throws Mini Concert for U.S. Talk Show ‘Jimmy Kimmel’

SEOUL, Nov. 30 (Korea Bizwire) – K-pop sensation BTS has rocked a crowd of some 1,000 ardent fans at a mini concert in the U.S. while filming its segment for late-night talk show ”Jimmy Kimmel Live!,” according to the program Thursday.  A 20-minute clip of the group performing four songs — “Go Go,” “Save Me,” “I Need U” and “Fire” — in front of a crowd of [...]