SEOUL, April 14 (Korea Bizwire) — As the soaring popularity for imported beer among South Korean consumers is seeing the shelves of supermarkets filled with the likes of Heineken, Asahi and Stella Artois, the government is ramping up its efforts to support South Korean beer makers in the hope of winning back the hearts of [...]
SEOUL, April 13 (Korea Bizwire) – Seaweed has been hailed as the next superfood by the Western media as of late, drumming up a great amount of interest for its health benefits, but sales of the plant have been decreasing for some time in South Korea along with the drop in rice consumption, and the government [...]
SEJONG, April 13 (Korea Bizwire) – Exports of South Korea’s traditional sauces like red pepper paste reached a record high last year on the back of growing popularity for the country’s unique fares around the world, customs data showed Thursday. Overseas sales of Korean sauces, such as ganjang (soy sauce), gochujang (red chili paste) and [...]
SEOUL, April 12 (Korea Bizwire) – Consumption of cheese and butter has increased steadily in South Korea in recent years as a growing number of people consume Western food, data showed Wednesday. Consumption of cheese rose to 140,769 tons last year from 132,593 tons in 2015, 117,827 tons in 2014 and 107,558 in 2013, according [...]
SEOUL, April 12 (Korea Bizwire) – Researchers said Wednesday they have found that lactic acid bacteria in kimchi, a traditional Korean fermented vegetable dish, is potentially effective in treating atopic dermatitis, a chronic inflammatory skin disease. The team, led by Choi Hak-jong, a senior researcher at the government-funded World Institute of Kimchi, said it has [...]
SEOUL, April 12 (Korea Bizwire) – With Easter just around the corner, some reports emerged that many South Korean churches are defying a centuries-old tradition and doing away with eggs this year, as a result of high egg prices due to avian influenza, with some churches opting for rice cakes and small plants instead. Myeongdong Cathedral [...]
SEOUL, April 10 (Korea Bizwire) – U.S. app-based ride service provider Uber Technologies Inc. said Monday that it is considering a move to launch its on-demand restaurant delivery service in South Korea. UberEats, the online meal ordering and delivery platform, partners with restaurants, with ordering conducted on the company’s Web site or with a smartphone [...]
SEOUL, April 5 (Korea Bizwire) – Once the biggest coffeehouse chain in South Korea, Café Bene now appears to be at a crossroads amid growing industry competition, after reports emerged the coffee giant suffered an operating loss of 13.4 billion won last year. Marking its ninth year in 2017, Café Bene made a net profit [...]
SUWON, South Korea, April 5 (Korea Bizwire) – One of the biggest challenges for prospective restaurant and café owners is to pick the right spot. The Gyeonggi Provincial Government has decided to provide some insight for these candidates to help them make the best decisions using local big data. The data, relating to 5,517 commercial [...]
SEOUL, April 5 (Korea Bizwire) – Instant coffee consumers are switching from coffee mix to instant drip, industry sales data showed Wednesday. The market for coffee mix shrank from nearly 1.24 trillion won (US$1.1 billion) in 2012 to 910 billion won last year on four consecutive years of minus growth. Last year’s sales were down [...]