SEOUL, Jul. 1 (Korea Bizwire) – On rainy summer days in Seoul, South Koreans are more likely to indulge in traditional comfort foods like bindaetteok (mung bean pancakes) and sujebi (hand-pulled dough soup), according to recent credit card data. The analysis, conducted by KB Kookmin Card, reveals a shift in dining patterns influenced by weather conditions. [...]
SEOUL, June 20 (Korea Bizwire) – McDonald’s Korea, the local unit of fast food giant McDonald’s Corp., said Thursday it has been forced to halt sales of french fries because of concerns about “substandard” frozen potato. In a statement, McDonald’s Korea said, “Due to an unexpected issue within our supply chain, we are temporarily unavailable [...]
SEOUL, Jun. 20 (Korea Bizwire) – CJ CheilJedang, a leading food company in South Korea, has taken an active stance in upcycling, repurposing wheat bran, a byproduct of flour milling, as an ingredient in bread products. The company announced on June 19 that it is expanding synergies by investing in two food startups, Re:Harvest and SnE [...]
SEOUL, Jun. 18 (Korea Bizwire) — Hitejinro Co., South Korea’s leading beverage company, said Tuesday it aims to achieve 500 billion won (US$360 million) in overseas soju sales in 2030 based on overseas production and export diversification. The target figure is sharply up from Hitejinro’s annual overseas soju sales of 180 billion won for the [...]
SEOUL, Jun. 13 (Korea Bizwire) – Denmark has decided to recall three popular varieties of South Korea’s Samyang Foods “Buldak” fire chicken noodles, asserting that the products’ high levels of capsaicin, the compound that gives chili peppers their heat, pose a risk of acute intoxication for consumers, the British Broadcasting Corporation reported on June 11. In [...]
SEOUL, Jun. 11 (Korea Bizwire) — The industry ministry kicked off an annual food exhibition Tuesday as part of efforts to achieve a target of US$10 billion in food exports this year. The four-day Seoul Food 2024 will run in Goyang, just northwest of Seoul, through Friday, attracting 1,605 businesses from 52 countries, according to [...]
SEOUL, Jun. 11 (Korea Bizwire) — Genesis BBQ, a South Korean chicken franchise, said Tuesday it has opened its third outlet in Panama. Genesis BBQ has opened a total of seven outlets in Panama and Costa Rica since October last year, the company said in a statement. “The company aims to expand into other Latin [...]
SEOUL, Jun. 10 (Korea Bizwire) – As the early summer heat sets in, the demand for watermelons is rising in earnest. While customers seeking large watermelons weighing over 6 kilograms, with the adage “the bigger, the better,” remain steady, mini watermelons and pre-cut watermelon slices are gaining immense popularity due to the increasing number of single [...]
SEOUL, Jun. 8 (Korea Bizwire) –As South Korean consumers increasingly pursue value amid high inflation, convenience store chains are rolling out a wave of ultra-low-cost products priced below 1,000 won. With the “lunchhflation” of soaring midday meal costs straining office workers, these inexpensive food items have found particular appeal as affordable lunch options. The popular [...]
SEOUL, Jun. 5 (Korea Bizwire) – South Korea’s leading food delivery platform, Baemin, has announced that its delivery riders working over 40 hours per week earned an average monthly income of 3.93 million won from January to April this year. This figure represents a notable increase of 400,000 won (11.3%) compared to the same period in [...]