SEOUL, Nov. 30 (Korea Bizwire) – Consumers are increasingly in search of healthier natural sweeteners such as juice and honey as substitutes for sugar, which is weathering a storm of negative publicity citing it as a major cause of chronic illnesses like diabetes and obesity. A local e-commerce company, Auction, saw sales of such products [...]
SEOUL, Nov. 30 (Korea Bizwire) – Coffee companies are engaging in cultural promotions as a way of improving their brand image with customers through hosting mini concerts and art exhibitions. Dongsuh Food, famous for its instant coffee mix brand Maxim, recently hosted its latest classical music concert in the southwestern city of Jeonju on Nov. [...]
SEOUL, Nov. 30 (Korea Bizwire) – Convenience stores have become the largest market for selling alcohol drinks, a market report showed Wednesday, apparently due to more people choosing to drink alone or with their families. The retail index provided by information analysis firm Nielsen Korea said convenience stores ousted discount chains to become the biggest [...]
SEOUL, Nov. 25 (Korea Bizwire) – Early records indicate that the recent outbreak of avian influenza has not affected poultry sales, unlike previously when consumption dropped by more than 80 percent during the animal disease scare, a leading retailer said Friday. Figures provided by E-Mart said chicken sales from Nov. 11, when the AI virus [...]
SEOUL, Nov. 23 (Korea Bizwire) – Sales of alcoholic beverages have shown an unusual increase since October, a leading retailer said Wednesday, possibly from more people drinking at home after an anti-corruption law took effect. According to E-Mart, whiskey sales during the Oct. 1-Nov. 21 period rose 11.7 percent compared with the same period last [...]
SEOUL, Nov. 21 (Korea Bizwire) – A rising number of five-star hotels in Seoul are offering halal foods in their restaurants to attract Muslim guests, a small but growing market, industry officials said Monday. The local travel and hospitality industry has sought ways to enhance convenience for a growing influx of Muslim tourists on the [...]
SEOUL, Nov. 18 (Korea Bizwire) – Recycling agricultural by-products, especially the peel of fruits and vegetables, is becoming extremely popular in Korea, allowing farms and businesses to make better use of the nutritious benefits of this type of waste, while saving on disposal costs. Jeollanamdo Agricultural Research & Extension Services recently transferred its latest technology [...]
SEOUL, Nov. 18 (Korea Bizwire) – South Korea’s food safety agency on Friday imposed a temporary sales ban on Pringles potato chips imported from Malaysia after the body of a lizard was found in one of the imported products. Nongshim Co., the local importer of Pringles chips, has also been ordered to recall all other [...]
SEOUL, Nov. 18 (Korea Bizwire) – Major makers of snacks, drinks and cosmetics have increased the prices of their products as the end of the year draws near, while speculations are rising over price surges in instant noodle and coffee products, according to industry officials Friday. Earlier this month, Oriental Brewery, South Korea’s largest brewer, [...]
SEJONG, Nov. 17 (Korea Bizwire) – South Korea’s restaurant business fell into its severest slump in five years in September, state statistics showed Thursday, beaten by a protracted economic slowdown and worsened by an overcrowded market. The production index for restaurants in the month fell to 85.2, the lowest since 83.9 of September 2011, according [...]