SEOUL, July 24 (Korea Bizwire) – Orion Corp., a major South Korean confectionery company, said Thursday it will recall all of its Cham Carp Cakes, a popular fish-shaped pie, due to potential mold contamination. The company has notified the Ministry of Food and Drug Safety of the issue and requested that retailers halt sales of [...]
SEOUL, July 21 (Korea Bizwire) — As small restaurant owners continue to struggle with rising operational costs and a sluggish economy, South Korea’s National Assembly is considering introducing a cap on delivery app fees — a move that could significantly reshape the country’s booming food delivery sector. At the center of the debate is the [...]
DAEJEON, July 18 (Korea Bizwire) — South Korea is seeing a sharp rise in baking-related patents, driven by growing consumer demand for bread and a cultural shift toward Western-style diets, according to the Korean Intellectual Property Office (KIPO). Over the past two decades, more than 3,500 patent applications have been filed in the baking sector, [...]
IKSAN, July 18 (Korea Bizwire) – McDonald’s Korea’s latest local specialty, the “Iksan Sweet Potato Mozzarella Burger,” has become a viral sensation on social media, surpassing 500,000 units sold within just four days of its release on July 10. The burger is now poised to reach the one-million mark by this weekend, according to officials [...]
SEOUL, July 17 (Korea Bizwire) — In a move aimed at bolstering food safety and consumer trust, the Korea Food Research Institute has developed a cutting-edge infrared hyperspectral imaging technology powered by artificial intelligence to detect quality changes in beef during distribution. The new system allows for real-time, non-destructive analysis of subtle quality deterioration in [...]
CHUNCHEON & SEOUL, July 16 (Korea Bizwire) — LG CNS, the digital transformation arm of LG Group, is stepping into the burgeoning insect industry with plans to construct a cutting-edge smart insect farm in Chuncheon, Gangwon Province, aimed at automating and digitizing the mass production of edible insects such as mealworms. The initiative marks the company’s [...]
SEOUL, July 15 (Korea Bizwire) — Sulbing Co., a South Korean dessert cafe chain, said Tuesday it plans to enter the Philippine market this year as part of its overseas expansion strategy. Sulbing has signed a master franchise (MF) agreement with Beyond Bingsu Cafe Inc., an affiliate of Philippines’ Fredley Group of Companies, to open [...]
SEOUL, July 8 (Korea Bizwire) — Shares of Samyang Foods surged to a new all-time high on Tuesday, buoyed by soaring global demand for its signature Buldak spicy ramen and expanded production capacity. The stock closed at 1,436,000 won on the Korea Exchange, up 7.65% from the previous trading day, surpassing the 1.4 million won [...]
GIMPO, July 8 (Korea Bizwire) – A Starbucks nestled just 1.4 kilometers from the North Korean border is emerging as one of South Korea’s most unlikely tourist hotspots, drawing over 120,000 customers in just seven months. The store, located inside Aegibong Peace Ecological Park in Gimpo, opened on November 29, 2024, and has since attracted both [...]
SEOUL, July 7 (Korea Bizwire) — Korean restaurants that adopt smart technologies such as delivery apps, kiosks, and table-order systems significantly outperform those that do not, according to a new study by the Korea Foodservice Industry Research Institute. The survey found that restaurant owners using smart tools reported an average monthly revenue of ₩30.86 million and [...]