SEOUL, Aug. 28 (Korea Bizwire) — CJ Cheiljedang Corp., South Korea’s leading maker of processed foods, said Monday it has completed the acquisition of a Brazilian company to expand its foothold in the vegetable protein business. Earlier in June, the Korean firm announced its plan to buy Selecta, a Brazilian company that manufactures soy protein [...]
SEOUL, Aug. 24 (Korea Bizwire) — As the long-term economic slump continues in South Korea, price-competitive fruits that might not meet conventional beauty standards are proving popular among South Korean consumers. Sales of ‘ugly’ fruits jumped more than fivefold between 2010 and 2016, the Rural Development Administration (RDA) announced on Thursday after analyzing household accounts [...]
SEOUL, Aug. 23 (Korea Bizwire) — South Korean agriculture authorities are turning to genetic engineering to develop high-quality beef as part of their efforts to meet the growing interest and varying demand for different beef cuts in the country. The Rural Development Administration (RDA) announced on Wednesday that it is developing technology to genetically assess [...]
SEOUL, Aug. 22 (Korea Bizwire) — SK Telecom Co., South Korea’s No. 1 mobile carrier, said Tuesday it joined forces with Starbucks Korea to allow users of its artificial intelligence (AI) device NUGU to order drinks via voice. Under the agreement, SK Telecom plans to connect NUGU to Starbuck’s order application, allowing users to order [...]
SEOUL, Aug. 21 (Korea Bizwire) — The Ministry of Agriculture is set to look into issues of corruption surrounding the recent egg contamination scandal that swept across South Korea, after discovering some former government officials now work for private environmental certification issuers. “Once the contamination scandal calms down, we plan to look into the possible causes [...]
SEOUL, Aug. 21 (Korea Bizwire) – Sales of eggs in South Korea sharply declined last week amid safety concerns sparked after eggs from local farms were found to be contaminated with banned chemicals, industry data showed Sunday. Egg sales at the country’s largest discount store chain E-Mart from Wednesday to Saturday declined 40 percent compared to the same period the previous week, its operator E-Mart Inc. said. Lotte Mart, another [...]
SEOUL/SEJONG, Aug. 18 (Korea Bizwire) – The government offered an apology again on Friday for the ballooning concerns over food safety stemming from eggs contaminated with illegal insecticides or chemicals, while promising to beef up a nationwide system to prevent similar cases from recurring. “I sincerely apologize for causing inconvenience and concerns,” Agriculture Minister Kim [...]
SEJONG, Aug. 17 (Korea Bizwire) – South Korea on Thursday began to destroy all eggs contaminated with harmful insecticides in a move to quell public anxiety about food safety. “The government is tracking all tainted eggs and will discard them,” Agriculture Minister Kim Yung-rok said in a National Assembly session. “We will publish all information [...]
SEOUL, Aug. 17 (Korea Bizwire) – Prime Minister Lee Nak-yon ordered the government Thursday to conduct an all-out inspection to make sure that chickens and processed foods are safe from insecticide-contaminated eggs even after all tainted eggs are removed from the market. Lee also said that the egg scandal can be brought under control before [...]
SEJONG, Aug. 17 (Korea Bizwire) — Eggs from 23 more farms in South Korea were found to have been contaminated with harmful insecticides, the government said Thursday, fueling nationwide concerns over food safety. Some eggs from five farms were found to contain the pesticide fipronil, which was banned from being used at poultry farms, while [...]