SEOUL, April 3 (Korea Bizwire) — Sales of South Korea’s major chicken franchises rose in 2017 from the previous year amid a growing number of affiliated outlets going out of business due to intense competition, industry sources said Tuesday. Fried chicken and beer, called “chimaek” in South Korea, is one of the most popular foods [...]
SEOUL, Apr. 2 (Korea Bizwire) — South Korean food companies are introducing low calorie ice creams, instant noodles and other products to meet demand from the growing number of health-conscious consumers, industry sources said Monday. Binggrae Co. recently began marketing its “Beauty Inside” ice cream, which has 50 percent less sugar and 80 percent less [...]
SEJONG, April 2 (Korea Bizwire) — Domestic sales of soju, a distilled Korean liquor, rose slightly last year, while those of “makgeolli,” a traditional rice-based alcoholic beverage, contracted for the sixth year in a row, government data showed Sunday. A total of 1.31 million kiloliters of soju was sold last year, up 0.5 percent from [...]
SEOUL, Apr. 1 (Korea Bizwire) — South Korea’s convenience store chains are introducing private-label (PB) products that combine the features of best-selling items to entice clients seeking new products at lower prices, industry sources said Friday. 7-Eleven’s PB Yoghurt Flavored Jelly, a combination of yogurt and jelly, has gained popularity since its debut in 2016 [...]
SEOUL, Mar. 30 (Korea Bizwire) — Kim Ha-neul, a 28-year-old Seoulite, has landed a new kind of job where he tastes, parses and recommends a material that is essential to life. That material is neither wine nor coffee, but water. Kim is one of South Korea’s 10 most active water sommeliers. In 2014 when the [...]
SEOUL, Mar. 29 (Korea Bizwire) — Malaysia is the No. 1 destination for South Korean small and medium-sized firms exporting halal food, a survey showed Thursday. Halal food refers to food products that are prepared in a specific way according to Islamic Sharia law, which covers not only meat but also fruits and vegetables. Malaysia [...]
SEOUL, Mar. 28 (Korea Bizwire) — High levels of paralytic toxins have spread along South Korea’s southeastern coast and contaminated shellfish, the maritime ministry said Wednesday, vowing to tighten oversight over the harvesting of the seafood. Earlier this month, paralytic toxins were detected in waters near the southern port city of Busan and Geoje Island [...]
SEOUL, March 23 (Korea Bizwire) — Hite Jinro Co., a major South Korean liquor maker, said Friday it will soon ship 30,000 bottles of its new “Chamnamootong Margeunisul” soju, the traditional Korean distilled liquor, to Hong Kong. The premium soju will be distributed to restaurants, supermarkets and bars through local distributors. The new brand with [...]
SEOUL, March 22 (Korea Bizwire) — Lotte Chilsung Beverage Co., the beverage maker of South Korean retail giant Lotte, said Thursday it has begun exporting the Korean rice wine makgeolli to India as it moves to expand its presence in the overseas market. The 4.5 percent alcohol by volume canned product, dubbed Rahua, is now [...]
SEOUL, March 22 (Korea Bizwire) — Sales of frozen snacks rose sharply in 2017 from the previous year, industry data showed Thursday, amid the growing popularity of frozen pizza, hot dogs and other snacks. The sales figure soared to 134.2 billion won (US$125 million) last year from 61 billion won the previous year, according to [...]