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E-Mart to Tap Saudi Arabia with Beauty Specialty Store

E-Mart to Tap Saudi Arabia with Beauty Specialty Store

SEOUL, Nov. 23 (Korea Bizwire) — E-Mart Inc., South Korea’s largest discount chain operator, said Thursday its beauty brand will open a store in Saudi Arabia next year, as the retailer attempts to expand its presence in the overseas market. The company said it signed an agreement with the Middle Eastern country’s major retail group [...]

KT&G Launches Sales of New Tobacco-heating Device

KT&G Launches Sales of New Tobacco-heating Device

SEOUL, Nov. 21 (Korea Bizwire) — KT&G Corp. South Korea’s leading cigarette maker, on Monday officially began selling its new tobacco-heating device, amid growing popularity of heat-not-burn (HNB) products in the country. The new product, dubbed lil, heats up tobacco leaves without generating smoke using battery power, according to the company. KT&G said the 10,000 [...]

Nonghyup to Sell Korean Pork, Beef from Vending Machine

Nonghyup to Sell Korean Pork, Beef from Vending Machine

SEOUL, Nov. 17 (Korea Bizwire) — A South Korean agricultural cooperative is pushing to introduce a vending machine selling livestock products, such as pork and beef, targeting the increasing number of single-person households in the country, industry sources said Friday. The National Agricultural Cooperative Federation, known as Nonghyup here, will first showcase the dispenser at [...]

S. Korea Partially Opens Test Bed Road for Autonomous Vehicles

S. Korea Partially Opens Test Bed Road for Autonomous Vehicles

SEJONG, Nov. 6 (Yonhap) — South Korea will open a test bed road for self-driving cars to allow companies and researchers to check their cars in a real road environment, the transport ministry said Monday. The 320,000 square meter facility, called “K-City,” has been under construction in Hwaseong, Gyeonggi Province with some 11 billion won [...]

Lotte Duty Free Taps Vietnam with New Airport Outlet

Lotte Duty Free Taps Vietnam with New Airport Outlet

SEOUL, Oct. 31 (Korea Bizwire) — Lotte Duty Free, South Korea’s top duty-free operator, said Tuesday it will officially open a new outlet at a Vietnamese airport, making a foray into the Southeast Asian market. The outlet at Da Nang International Airport will begin full-fledged operations Wednesday, it said. In June, Lotte clinched a joint [...]