SEOUL, June 13 (Korea Bizwire) – Eggs imported from Thailand will arrive in South Korea next week, the agriculture ministry said Tuesday, as the government seeks to contain rising prices amid the latest bird flu outbreak. Some 2 million eggs imported by a local company will arrive in South Korea via ship sometime between next [...]
SEOUL, June 12 (Korea Bizwire) – CJ Korea Express has launched a meal delivery service for the first time in the logistics industry in South Korea, catering to the growing number of single households and working couples in the country. From 10 p.m. to 7 a.m. every day, the company’s new service will see ready-made meals [...]
SEOUL, Jun. 7 (Korea Bizwire) — South Korea’s exports of dried laver surged 57.6 percent in the first five months of 2017 from a year earlier, data showed Tuesday. Outbound shipments of dried laver came to US$218 million in the January-May period, according to the data compiled by the Ministry of Oceans and Fisheries. Dried [...]
SEOUL, June 5 (Korea Bizwire) – Paul Bassett – a coffee franchise named after an Australian barista – has just celebrated the opening of its 80th coffeehouse in South Korea. Operated by M’s Seed, a Maeil Holdings affiliate, the franchise was launched in September 2009 introducing “specialty coffee,” a concept that was unfamiliar to locals [...]
SEOUL, Jun. 5 (Korea Bizwire) — South Korea’s imports of coffee products surged to record high levels last year on the back of burgeoning demand for the brewed drink, government data showed Friday. The inbound shipments of coffee products, such as raw beans, coffee beans and coffee capsules, reached 159,000 tons at the end of [...]
SEOUL, June 2 (Korea Bizwire) – A slow but noticeable change is coming to South Korea’s once fierce and often authoritative drinking culture. Whiskey sales have struggled with negative growth for eight consecutive years, plummeting from 2.84 million crates (18 500-mililiter bottles) in 2008 to 1.67 million in 2016, while HiteJinro, a major distiller here, [...]
SEOUL, May 29 (Korea Bizwire) – Sales of whiskey in South Korea have declined sharply over the last decade due largely to a shift in the country’s drinking culture, industry data showed Monday. The domestic sales of the spirit hit 1.67 million boxes, or some 30 million bottles, in 2016, down 41 percent from 2.84 [...]
SEOUL, May 26 (Korea Bizwire) – Lotte’s new beer brand has stirred debate with some claiming it copied the name of a chewing gum sold by the conglomerate’s Japan unit, industry sources said Thursday. The controversy is seen as throwing cold water on the launch of the product that targets the low to mid-end market. [...]
SEOUL, May 24 (Korea Bizwire) – Starbucks Coffee Korea has been ordered to compensate a customer for providing only one free coffee after the consumer won an event that originally promised a free drink every day for a year, the plaintiff’s lawyer said Wednesday. The customer, surnamed Ko, filed the case with the Seoul Central [...]
SEOUL, May 24 (Korea Bizwire) – South Koreans drank a total of 377 cups of coffee per person on average last year, mirroring brisk growth of the sprawling market fueled by a flurry of various franchises, a government report showed Wednesday. The average coffee consumption, based on South Koreans aged over 20, has grown at [...]