SEOUL, March 9 (Korea Bizwire) – South Korean powdered milk producers are in the midst of expanding their foothold in China, seeking to cash in on the growing popularity of imported dairy products among the increasingly health-conscious Chinese consumers, industry officials said Wednesday. The Korean milk companies also view the vast Chinese market as a [...]
SEOUL, March 9 (Korea Bizwire) – It is a well known fact that Koreans are obsessed with chicken. As it is the most popular nighttime snack, and a sure hit that is always included when there is a gathering of a large number of people, chicken seems to bring up happy thoughts. Based on this [...]
BUSAN, March 8 (Korea Bizwire) – After the craze for softer soju(Korean distilled spirits) swept the nation, a demand for softer whiskies are also starting to dominate the market, breaking down the ‘rules’ that traditional whiskies should have at least a 40 percent concentration of alcohol. According to the World Scotch Whisky Association, when whisky [...]
JEONJU, March 7 (Korea Bizwire) – The future might be already here, as insects, which are frequently mentioned as a probable food source of the future, are expected to make their way into Korean kitchens faster than previously thought. The Rural Development Administration (RDA) announced that it has developed nutritious meals for hospital patients using edible [...]
SEJONG, March 7 (Korea Bizwire) – South Korean food firms will take part in an annual international food exhibition in Japan to bolster exports to the neighboring country, the agricultural ministry said Monday. The Ministry of Agriculture, Food and Rural Affairs said 88 local companies will be present at the four-day Foodex Japan 2016 that kicks [...]
SEOUL, March 7 (Korea Bizwire) – Korean traditional rice wine, or makgeolli, contains a material believed to be effective in slowing the growth of stomach cancer cells, a study showed Monday. The Korea Food Research Institute (KFRI) said in a recent study that it discovered that makgeolli curbs the proliferation of stomach cancer tumors when [...]
SEOUL, March 4 (Korea Bizwire) – South Korean brands and freelance designers joined forces with globally popular K-pop stars as a precursor to expanding the outbound market, a local entertainment agency said on Friday. S.M. Entertainment, the country’s largest star label by market capitalization, opened “SUM Market,” a store that offers Korean manufactured food products with [...]
SEOUL, March 2 (Korea Bizwire) – Emart has announced that it will launch private brand products created in collaboration with SM Entertainment. The products will be sold at Emart Mall and 140 Emart stores nationwide from March 3. The new products include EXO Jajangmyeon (jajang-flavored instant noodles), Super Junior Habanero Ramen Noodles, TVXQ Truffle Rose [...]
SEOUL, Feb. 29 (Korea Bizwire) – The sale of Kim’s Club, a hypermarket chain of South Korean fashion and retail conglomerate E-land Group, has drawn proposals from three bidders, with a preferred bidder to be selected next month, industry sources said Monday. Kim’s Club, the nation’s fourth-largest supermarket chain with 37 outlets, was put up [...]
SEOUL, Feb.29 (Korea Bizwire) – Retailers are biting their nails with news spreading quickly that herbicides have been detected in 14 popular German beers. The timing couldn’t have been worse, as the popularity of imported beer is soaring at large discount stores and convenience stores. According to those in distribution industry, domestic retailers are checking [...]