SEOUL, Dec. 19 (Korea Bizwire) — Exports of instant noodles, or “ramyeon,” are sure to exceed US$400 million this year, a state food agency said Wednesday. Shipments of ramyeon totaled $385 million as of the end of November, up 11.2 percent from the same period last year, according to the Korea Agro-Fisheries & Food Trade [...]
SEOUL, Dec. 12 (Korea Bizwire) — A public health law revision is under review to require pictorial warnings of health hazards on alcoholic beverages, officials said Wednesday. The warning labels will resemble those on cigarette packs, alerting consumers to health risks from drinking and the consequences of drunk driving, according to the officials from the [...]
SEOUL, Dec. 9 (Korea Bizwire) — South Korea is expected to import less coffee for the first time in six years in 2018 as demand for the beverage has been hit by sluggish economic growth, market watchers here said Sunday. In the January-October period, total imports of coffee stood at 121,019 tons, down 1,103 tons [...]
SEOUL, Nov. 27 (Korea Bizwire) – Jin Ramen from Ottogi Co., a South Korean food company, will become South Korea’s first food product ever to be invited to an Indian home shopping program. Jin Ramen will be up for sale on Home Shop 18, India’s largest home shopping channel, starting this Thursday. Home Shop 18, [...]
SEOUL, Nov. 26 (Korea Bizwire) — Starbucks Coffee Korea Co. removed plastic straws from local stores and replaced them with those made with paper Monday, in line with the company’s efforts to protect the environment. The move came after Starbucks began a trial run of paper straws at around 100 shops across the country in [...]
SEOUL, Nov. 22 (Korea Bizwire) — One of New York’s popular hand-crafted beer franchises has revealed its intention to open up shop in South Korea if the country changes its liquor taxation policy from ad valorem duties to unit taxation. “The Jeju Beer Company will begin production of Brooklyn Brewery beers as soon as unit [...]
SEOUL, Nov. 13 (Korea Bizwire) — So-called ‘idol sandwiches,’ known to be favored by certain K-pop stars, are selling like hotcakes at convenience stores. GS25, a major convenience store franchise, said that YouUs Idol’s Favorite Sandwich topped all food sales charts just two and a half months after its release, with more than 5 million [...]
SEOUL, Nov. 12 (Korea Bizwire) — One out of three Koreans eat out regularly according to a study conducted by the Ministry of Health and Welfare and Korea Centers for Disease Control (KCDC). An increasing number of South Koreans are skipping breakfast and relying on convenience foods such as fruits, beverages, or cup noodles as [...]
SEOUL, Nov. 11 (Korea Bizwire) — Exports of traditional rice-based food, such as “tteok” and “topokki,” are on the rise amid growing global demand for Korean food, data by the state-run food trade corporation showed Sunday. According to the Korea Agro-Fisheries & Food Trade Corp. (aT Center), exports of South Korean-made tteok products that include [...]
SEOUL, Nov. 8 (Korea Bizwire) — Popular South Korean food products are gaining ground in the Chinese online food market. Online direct purchasing, where customers buy products directly from sellers rather than through agents, is becoming extremely popular among Chinese consumers interested in Korean food products. The Korea Agro-Fisheries and Food Trade Corp. (aT) announced [...]