BUSAN, Apr. 29 (Korea Bizwire) – A nationwide survey conducted by the Korea Maritime Institute (KMI) to mark its 40th anniversary has revealed that mackerel, often referred to as the “people’s fish,” is the most popular seafood among South Koreans. According to the survey results on public perceptions released on April 28, 14% of respondents chose [...]
SEOUL, Apr. 29 (Korea Bizwire) — CJ Foodville, the restaurant arm of food and entertainment conglomerate CJ Group, said Monday its bakery franchise Tous les Jours will reopen five outlets in Cambodia this year under a contract with a new local partner. CJ Foodville has signed a master franchise deal with Cambodia’s Express Food Group [...]
SEOUL, Apr. 26 (Korea Bizwire) – Baemin (Baedal Minjok), South Korea’s leading food delivery platform, is launching a new subscription service called “Baemin Club” that will provide unlimited discounts on delivery fees. The announcement was made on Tuesday by Woowa Brothers, the company that operates Baemin. The primary benefits of the subscription include free delivery fees [...]
SEOUL, Apr. 26 (Korea Bizwire) — McDonald’s Korea said Friday it will raise the prices of 16 menu items by an average of 2.8 percent from May 2 due to higher logistics and labor costs. The 16 menu items subject to price hikes include the Egg Bulgogi Burger, Bulgogi Burger, Cheese Burger and Triple Cheese [...]
SEOUL, Apr. 25 (Korea Bizwire) – The price of mango bingsu (shaved ice desserts) at upscale hotels in South Korea has been steadily climbing, with a new offering from Signiel Seoul now costing a staggering 130,000 won. According to hotel industry reports from April 24, Signiel Seoul began selling its ‘Signature Jeju Apple Mango Bingsu’ for [...]
SEOUL, April 24 (Korea Bizwire) – Orion Corporation announced on April 24 that its popular “Turtle Chips” snack has recently gained entry into the Five Below and Miniso retail chains across the United States, driven by its rising popularity among younger American consumers. The quadruple-layered corn snack became the first K-food product to be stocked at [...]
SEOUL, Apr. 23 (Korea Bizwire) — Hollys, the coffee business unit of South Korea’s KG Group, said Tuesday it will open its first overseas outlet in Japan next month as part of its expansion strategy. Hollys has set up a business entity in the neighboring country to open the outlet at the Marui Department Store [...]
SEOUL, Apr. 22 (Korea Bizwire) –Kakao’s impact commerce platform Kakao Makers has partnered with food giant CJ CheilJedang to launch an upcycling initiative that will transform discarded containers from the company’s popular instant rice products into new merchandise. Timed to coincide with Earth Day on April 22, the “Instant Rice Container Reborn Project” seeks to [...]
SEOUL, April 17 (Korea Bizwire) – McDonald’s Korea announced on April 17 that its sales reached nearly 1.3 trillion won last year, marking an all-time high for the fast-food chain in the country. Including franchise sales, the company’s total revenue amounted to 1.29 trillion won, surpassing the 1 trillion won mark for the third consecutive year [...]
SEOUL, Apr. 17 (Korea Bizwire) — South Korea’s beer imports dropped 20 percent in the first quarter from a year earlier, according to data on Wednesday, as beer purchases from China plunged following the release of a viral video showing a man urinating into a tank at Tsingtao Brewery last year. The country imported US$45.16 [...]