SEOUL, Oct. 1 (Korea Bizwire) — McDonald’s Korea said Tuesday that sales of its regionally inspired menu items, launched under the “Taste of Korea” initiative, have topped 30 million units. The project, introduced to highlight premium domestic ingredients, aims to deliver fresh, distinctive flavors to customers while securing stable sales channels for local farms. Over [...]
SEOUL, Sept. 24 (Korea Bizwire) — Samyang Foods Inc. said Wednesday cumulative sales of its popular Buldak spicy ramyeon series have surpassed 8 billion units in the first half of 2025 on rising global demand. Sales of the Buldak brand have surged in recent years, reaching 5 billion units in 2023, 7 billion in 2024 [...]
SEOUL, Sept. 19 (Korea Bizwire) — South Korean civic groups have accused two leading food delivery platforms of unfair and misleading practices tied to their popular “one-person meal” promotions, filing complaints with the Fair Trade Commission (FTC). On Thursday, People’s Solidarity for Participatory Democracy, Lawyers for a Democratic Society (Minbyun), and the Korea Consumer Federation [...]
SEOUL, Sept. 16 (Korea Bizwire) — Nongshim Co., South Korea’s leading instant noodle maker, said Tuesday it will release a second batch of its popular Shin Ramyun product featuring characters from the global hit animated movie “KPop Demon Hunters” this week. The limited special product, part of a collaboration launched last month, comes in packs [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea is facing intensifying “agflation,” as surging agricultural prices add new pressure to household costs and expose deep structural weaknesses in the nation’s farming and distribution systems. Consumer prices for agricultural, livestock and fisheries products jumped 4.8 percent in August from a year earlier, the sharpest increase in [...]
SEOUL, Sept. 13 (Korea Bizwire) — When a popular YouTube commentator recently began selling a “990 won salt bread,” it was more than a marketing stunt. It was a pointed jab at what Koreans have come to call “breadflation,” a steep rise in bread prices that many believe has made the staple disproportionately expensive at home compared [...]
JEJU, South Korea, Sept. 3 (Korea Bizwire) — Jeju Island, already home to the nation’s first carbon-free “RE100 eggs,” has introduced another sustainability milestone: milk produced entirely with renewable energy. On Wednesday, Jeju Milk, an agricultural company based on the island, officially launched South Korea’s first RE100-certified milk, marking a significant step toward carbon neutrality in livestock [...]
SEOUL, Sept. 3 (Korea Bizwire) — South Korea’s major discount store chain Homeplus Co. said Wednesday it will close 15 stores by December while cutting operating hours at others as part of belt-tightening efforts by the ailing retail company. Under the plan, Homeplus will shut five locations in mid-November and 10 others in December, the [...]
SEOUL, Sept. 2 (Korea Bizwire) — Once a niche Japanese tea, matcha has surged into the global mainstream, embraced by younger consumers seeking both flavor and wellness. From convenience-store desserts and cocktails to luxury fashion and beauty, the powdered green tea has become a cultural and commercial phenomenon. In South Korea, convenience chain CU announced on [...]
SEOUL, Sept. 2 (Korea Bizwire) — Kyochon Chicken, one of South Korea’s largest fried chicken chains, has begun allowing franchise owners to set their own menu prices on delivery apps, joining a move pioneered earlier this year by rival bhc. The shift, described as a “self-determined pricing system,” reflects mounting tensions between franchise headquarters and [...]