SEOUL, Jan. 26 (Korea Bizwire) – Samgyetang, Korean chicken soup cooked with ginseng, started gaining popularity in China through trendy Korean television series. It took roughly ten years before the South Korean government successfully started exporting the dish in June of last year, when the first shipment to China departed. But the achievement was short [...]
SEOUL, Jan. 23 (Korea Bizwire) – South Korea’s Big Mac index moved down two notches from six months earlier to the 25th spot, the global index showed Monday, indicating the South Korean won may be more undervalued than it was before. The average price of a Big Mac hamburger came to US$3.68 in South Korea [...]
SEOUL, Jan. 20 (Korea Bizwire) – An increasing number of South Korean workers are becoming health-conscious, leading to soaring popularity for simple meal alternatives that can satisfy hunger and provide the right balance of nutrients. According to Olive Young, a CJ franchise for health and beauty products, sales of these alternative foodstuffs, including powdered products, [...]
SEOUL, Jan. 19 (Korea Bizwire) – Major South Korean baking and confectionery companies will begin using powdered eggs instead of fresh eggs for their products starting next month, industry officials said Thursday. According to the officials, they plan to import a combined 400 tons of powdered eggs from China and the United States in February. [...]
SEOUL, Jan. 17 (Korea Bizwire) – Ssipda in Korean means to chew, and at the same time, it can be a homophone of a slang word for “badmouthing” somebody, but with a slightly stronger tone. Woongjin Food has just introduced two chewing gum products literally called “CEO” or “boss” that consumers can “Ssipda” (chew) on, [...]
SEOUL, Jan. 13 (Korea Bizwire) – Giant sponge cakes, better known as giant “Castella” in Korea, originated in Tamsui, Taiwan. As the name suggests, they are about twice the size of typical sponge cakes, measuring 10 to 11 centimeters long and 18 centimeters wide. The cakes first gained widespread recognition in Korea through tvN reality [...]
SEOUL, Jan. 13 (Korea Bizwire) – Leading whisky brands in South Korea are resorting to law violations to push up sales for the Lunar New Year holiday and make up for the slumping market, industry officials said Friday. Liquor companies market specially packaged gift sets for the holiday when tens of millions of South Koreans [...]
SEOUL, Jan. 11 (Korea Bizwire) – McDonald’s Korea’s Mangwon branch had its franchise contract with the fast food company terminated on December 1 of last year. According to McDonald’s, the owner of concern had been failing to fulfill the terms of agreement, including paying the company franchise commissions amounting to a total of about 700 [...]
SEOUL, Jan. 10 (Korea Bizwire) – Regardless of time and place, food delivery never disappoints in South Korea. Delivery has become more accessible than ever with the introduction of food delivery apps, which brought together thousands of restaurants across the country into a single location-based platform. The market for food delivery apps has grown significantly [...]
SEOUL, Jan. 9 (Korea Bizwire) – The South Korean food safety watchdog said Monday that it will hold off inspection of imported food and drugs that are deemed to pose harm to human health starting in November. In a policy plan briefing of Prime Minister and Acting President Hwang Kyo-ahn on its policy direction for [...]