SEOUL, Dec.3 (Korea Bizwire) – While sales of domestic beer are declining at large supermarkets, foreign beer sales are rising rapidly. According to Emart, a large retailer, sales of domestic canned beer and PET bottled beer from January to November fell 2.2 percent and 6.4 percent respectively compared to the same period last year, but [...]
SEOUL, Dec.2 (Korea Bizwire) – As the trend of low-alcohol soju continues, boosted by the increased popularity of fruit-flavored soju, a product with an alcohol content of only 12 percent has been launched in the market. Lotte announced that it has launched Sunhari Apple, an apple-flavored soju with an ABV of only 12 percent. Considering [...]
SEOUL, Dec.2 (Korea Bizwire) – After analyzing 43 categories of small businesses such as restaurants and both wholesalers and retailers, the Seoul Metropolitan Government reported that their 10 year survival rate was only 19.9 percent. To boost the sales of small businesses struggling to stay afloat, Seoul city officials announced on December 1 that they [...]
SEOUL, Nov.30 (Korea Bizwire) – ‘Weather Management’ is rising as a new method for companies to create new businesses and enhance the efficiency of management overall. According to a report entitled ‘Understanding Weather Management and its Possibilities’ issued by the Korea Institute for Industrial Economics and Trade (KIET), weather management is a field with a [...]
SEOUL, Nov.27 (Korea Bizwire) – Five Korean food companies, including Seoul Milk and Punggi Ginseng Cooperative, have passed halal certification in the United Arab Emirates (UAE). The achievement marked the first time that Korean food companies passed the evaluation and received halal certification. According to the Korean embassy in the UAE, the companies applied for [...]
SEOUL, Nov.26 (Korea Bizwire) – A recent survey shows that 4 out of 10 adults in Korea eat out more than once a day, while spending an average of 10,110 won for lunch. According to Alix Partners, a global management consulting company, the results of its ‘2015 Survey on Food Service Industry Customers’ conducted with [...]
SEOUL, Nov.25 (Korea Bizwire) – Coffee houses furnished with tables and lamps made of coffee waste are receiving positive reactions from consumers. Starbucks Korea opened a store in the Gwanghwamun area that is furnished with furniture made out of used coffee grounds on November 8. The company announced on November 24 that will increase the [...]
SEJONG, Nov.19 (Korea Bizwire) – Even as imports of bananas and pineapples falter, mangos and grapefruits are seeing a leap in popularity. Still, the total quantity of imports and domestic distribution of mangos and grapefruits is significantly lower than that of bananas, but domestic demand is increasing rapidly, placing them as popular fruits. According to [...]
SEJONG, Nov. 13 (Korea Bizwire) – South Korea’s rice production hit a six-year high in 2015 caused by greater yield per cultivated land, government data showed Friday. According to the data from Statistics Korea, South Korea produced a total of 4.32 million tons of rice this year, up 2 percent from 4.24 million tons a [...]
SEOUL, Nov.12 (Korea Bizwire) – The Korea Consumer Agency has announced the results of a survey on consumer satisfaction among food delivery applications. Baedaltong showed the highest satisfaction rate, while Yogiyo ranked last. Four items were evaluated in the survey, ‘provision of information’, ‘ordering and delivery’, ‘fulfillment of promises’ and ‘customer service’. Baedaltong ranked first, [...]