SEOUL, Feb. 21 (Korea Bizwire) — The price of popular dishes rose about 8 percent over a one-year period, the Korea Consumer Agency said Thursday. Posted on the agency’s price information site, the list of eight dishes measured between January of last and this year showed price increases for seven. “Gimbap,” a rice roll with [...]
SEOUL, Feb. 18 (Korea Bizwire) — The price of sugar rose 11 percent in January from a year earlier as the cost of widely consumed processed foods increased overall, the Korea Consumer Agency said Monday. A survey of 26 items in the measured basket of foods for the month showed price hikes for 18 and [...]
SEOUL, Feb. 17 (Korea Bizwire) — South Korea’s imports of coffee declined last year for the first time since 2012, suggesting that the boom of coffee shops might have peaked, data showed Sunday. Imports of coffee fell to 143,000 tons in 2018, down 2,600 tons from a year ago, according to data by the Korea [...]
BUSAN, Feb. 12 (Korea Bizwire) — Pollack, one of the most common white fish, has been found to play an important role as a health supplement. According to the Korea Overseas Fisheries Association on Monday, such results were published by Nippon Suisan Kaisha, Ltd. in November 2017. It was found that the protein content of [...]
SEOUL, Feb. 11 (Korea Bizwire) — The South Korean market for instant meals has expanded beyond single-person households to the middle-aged population, the country’s leading processed foods maker, CJ Cheiljedang Corp., said Monday. The ready-to-eat items, often referred to as home meal replacement (HMR) products here, have become increasingly popular, mainly on the back of [...]
SEOUL, Feb. 11 (Korea Bizwire) — Valentine’s Day chocolate givers are switching back to buying packaged sweets instead of making their own, according to sales records from a leading online mall on Monday. Auction, an open market internet mall, tracked chocolate sales in the Jan. 25-Feb. 7 period from 2015 to 2019. Results showed that [...]
SEOUL, Feb. 7 (Korea Bizwire) – Low-alcohol versions of the traditional alcoholic beverage “makgeolli” have gained popularity, mainly as a result of more people opting to drink alone, industry officials said Thursday. The grain-based drink usually contains an alcohol content of six to seven percent but products with four to five percent have become popular [...]
SEOUL, Feb. 6 (Korea Bizwire) — South Korean beer that had ranked No. 1 in terms of alcoholic beverages sold at large discount stores have lost ground to foreign rivals and wine, market data showed Wednesday. Figures released by E-Mart Inc., one of the largest hypermarket chains in Asia’s fourth-largest economy, showed that local beer [...]
SEJONG, Feb. 5 (Korea Bizwire) — A state-run food research center on Tuesday said “makgeolli,” a South Korean traditional grain-based alcoholic drink, is beneficial for people’s intestinal health. According to a report by the Korea Food Research Institute (KFRI), makgeolli contains various microorganisms, such as yeast and lactic acid bacteria. While figures vary depending on [...]
SEOUL, Jan. 30 (Korea Bizwire) — A South Korean civic group on Wednesday filed a petition against the local unit of McDonald’s with the Seoul Central District Prosecutors’ Office, demanding criminal punishment for the American fast food chain on suspicion of covering up contaminated food supplies. The group, named Political Mamas, held a news conference [...]