SEOUL, Sept. 8 (Korea Bizwire) — South Korea and Russia have agreed to jointly build a seafood processing complex in the Russian Far East to develop the underdeveloped region with abundant natural resources, marine ministry here said Friday. Korea Trading and Industries Co., Busan Port Authority and two other local companies signed a memorandum of [...]
SEOUL, Sept. 8 (Korea Bizwire) — South Korea has high hopes that halal food will help breathe new vitality into the local tourism industry hit hard by a sharp drop in Chinese visitors over the deployment of an advanced U.S. missile defense system here. Easy access to specially prepared food can address one of the [...]
SEOUL, Sept. 7 (Korea Bizwire) — The CEO of the South Korean unit of McDonald’s has finally apologized after growing criticism over the company’s undercooked patty controversy that reportedly left a number of children seriously ill. As the negative impact of s0 called ‘Hamburger Illness’, a term widely used in South Korea to refer to [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korea’s ice cream sales have declined in the past few years in the face of fewer children and the growing popularity of alternatives, such as ice coffee and shaved ice, a report said Tuesday. Per capita annual consumption of ice cream fell to 58 servings in 2015 from [...]
SEOUL, Sept. 3 (Korea Bizwire) – McDonald’s Korea, the South Korean unit of U.S. fast food chain McDonald’s, said Sunday that it has suspended sales of its bulgogi burger across South Korea as it expressed deep regret over a group of children and their teacher falling ill. Last Monday, seven primary school students and their teacher complained to McDonald’s that [...]
SEOUL, Sept. 1 (Korea Bizwire) — Wholesale prices for chicken products sold at major supermarkets and chicken franchises will be revealed to customers starting today. The Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced on its official website on Thursday it will require retail giants in the chicken industry to state wholesale prices in [...]
SEOUL, Aug. 31 (Korea Bizwire) — The South Korean agriculture minister has announced plans to shake up the farming industry and move towards more animal-friendly practices including imposing EU standards for livestock density, following an egg contamination scandal that turned the country upside down. At a policy meeting held on Wednesday at the Sejong Government Complex [...]
SEOUL, Aug. 31 (Korea Bizwire) – Yum! Brands Inc., the U.S.-based fast food chain operator, has sold its Korean unit of Pizza Hut to a local investment company, Pizza Hut Korea said Thursday. Yum! Brands signed a deal with Orchard One Inc. on Wednesday to sell its 100-percent stake in Pizza Hut Korea. The two [...]
SEOUL, Aug. 29 (Korea Bizwire) – South Korea’s food and beverage giant SPC Group said Tuesday it will sharply increase the number of stores of its bakery chain Paris Baguette in the United States as part of its global expansion drive. “We will increase the number of Paris Baguette stores in operation in the U.S. [...]
SEOUL, Aug. 28 (Korea Bizwire) – Amidst the growing threat of hepatitis E from European ham and sausages, South Korean public health authorities have announced plans to launch an inquiry to determine the infection route of the disease in the country. According to the Korea Centers for Disease Control and Prevention (KCDC) on Sunday, the inquiry [...]