SEOUL, Nov. 16 (Korea Bizwire) — South Korea’s beer imports from China plunged more than 40 percent last month from a year earlier following the release of a viral video showing a man urinating into a tank at Tsingtao Brewery, the customs office said Thursday. The amount of beer imports from China fell 43 percent [...]
SEOUL, Nov. 16 (Korea Bizwire) – The South Korean importer of Qingdao beer, which became embroiled in controversy following a video showing an employee at a Chinese production plant engaging in shockingly inappropriate behavior, has initiated a voluntary retirement program. This decision comes in the wake of a significant downturn in Qingdao beer sales. The once-popular [...]
SEOUL, Nov. 12 (Korea Bizwire) – Seoul has been chosen as the venue for the 2024 Asia’s 50 Best Restaurants awards, the city government said Sunday. A list of the top 50 restaurants will be announced at the awards ceremony set for the last week of March that will bring about 800 gastronomy experts from [...]
SEOUL, Nov. 9 (Korea Bizwire) – The National Human Right Commission on Thursday recommended mega coffee chain Starbucks provide sign language services or install kiosks at its drive-through stores to ensure equal access for the hearing-impaired and customers with language challenges. The recommendation was in response to a petition filed by hearing-impaired customers and others [...]
SEOUL, Nov. 9 (Korea Bizwire) — Hitejinro Co., South Korea’s leading beverage company, has raised its soju and beer product prices by about 7 percent to reflect higher raw material and manufacturing costs. Hitejinro raised Chamisul soju prices by 6.95 percent and Hite, Terra and Kelly beer prices by 6.8 percent Thursday due to sharply [...]
SEOUL, Oct. 26 (Korea Bizwire) — McDonald’s Korea said Thursday it will increase the price of 13 menu items by an average 3.7 percent, including the signature Big Mac, next week due to higher food and shipping costs. Under the plan, the price of a Big Mac will rise 300 won to 5,500 won (US$4.06) [...]
SEOUL, Oct. 17 (Korea Bizwire) – The number of deliver workers has fallen this year following a sharp growth in recent years amid the COVID-19 pandemic, while that of cooks rose to an all-time high as people returned to pre-pandemic normalcy, data showed Tuesday. The number of delivery workers fell by 24,000 during the January-June [...]
SEOUL, Oct. 11 (Korea Bizwire) – Data from the Korea Customs Service reveals a surge in alcohol imports, resulting in a doubled trade deficit in the sector over four years. Imported alcoholic beverages, such as beer and whiskey, reached $1.62 billion in 2022, marking a 54% increase from 2018. Notably, it highlights that exports of [...]
SEOUL, Oct. 11 (Korea Bizwire) – A South Korean politician urged the government on Tuesday to urgently devise measures to prevent Chinese companies from releasing imitated versions of K-foods, as some Chinese companies imitate not only the brand name and packaging but also use the Korean language on their products. Lee Yang-soo, a lawmaker from the [...]
SEOUL, Oct. 11 (Korea Bizwire) – The pet snack market, with a focus on nutritional supplements, is experiencing significant growth thanks to the increasing trend of pet ownership stemming from the rise in single-person households, declining birth rates, and an aging population. According to ‘Retail Talk,’ a newsletter from the Korea Chamber of Commerce and Industry [...]