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State-Run Chinese TV Network Puts the Spotlight on CJ Cheil Jedang and South Korea’s Ready-To-Eat Meals

State-Run Chinese TV Network Puts the Spotlight on CJ Cheil Jedang and South Korea’s Ready-To-Eat Meals

SEOUL, Oct. 18 (Korea Bizwire) – CJ Cheil Jedang, the food giant and operator of the Bibigo food brand, revealed that China’s leading state-run TV network CCTV (China Central Television) reported October 5 on the popularity of home meal replacements in South Korea. “Previously, home meal replacements amounted to little more than cup noodles, but [...]

Light Drinking Can Raise Cancer Risks for Koreans: Report

Light Drinking Can Raise Cancer Risks for Koreans: Report

SEOUL, Oct. 17 (Korea Bizwire) — Light drinking can raise the risk of cancers for Koreans who have less ability to perform enzymatic alcoholysis compared with Westerners, a local report said Tuesday. The report by Seoul National University Hospital (SNUH) in Bundang, Gyeonggi Province, contradicts the established theory that light drinking can lower cardiovascular disease [...]

CJ Cheiljedang to Spend 200 Billion Won on Instant Food Business

CJ Cheiljedang to Spend 200 Billion Won on Instant Food Business

SEOUL, Oct. 11 (Korea Bizwire) – CJ Cheiljedang Corp., South Korea’s leading processed foods maker, said Wednesday it will invest 200 billion won (US$176 million) to further foster its instant meal business in the next three years to meet robust consumer demands. The affiliate of the country’s food and entertainment giant CJ said it aims [...]

China’s Taste for Korean Food Products Grow Despite Geopolitical Tensions

China’s Taste for Korean Food Products Grow Despite Geopolitical Tensions

SEOUL, Oct. 9 (Korea Bizwire) — Exports of South Korean ramyun instant noodles, beer and dried laver to China have surged despite the diplomatic row over the deployment of an advanced anti-missile system here, government data showed Monday. According to data provided by the Ministry of Agriculture, Food Rural Affairs exports of the three products [...]

Consumption of Makgeolli Declines for Three Consecutive Years

Consumption of Makgeolli Declines for Three Consecutive Years

SEOUL, Oct. 6 (Korea Bizwire) — Sales of Makgeolli, a Korean rice wine, have decreased for three consecutive years after experiencing a boom several years ago. According to a report from the Statistics Korea on October 4, the volume of Makgeolli consumed domestically in the second quarter was 8,8000 ㎘, 3.1 percent down from the [...]