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Seoul to Codify Int’l Safety Standard for Makgeolli

Seoul to Codify Int’l Safety Standard for Makgeolli

SEOUL, July 27 (Korea Bizwire) – South Korea plans to submit a draft on the international food standard for makgeolli, as part of its efforts to export the indigenous traditional rice wine overseas, the agricultural ministry said Wednesday.  The Ministry of Agriculture, Food and Rural Affairs said it will officially submit a plan to codify safety [...]

Softer Soju Makes a Move in the Liquor Market

Softer Soju Makes a Move in the Liquor Market

SEOUL, Dec.2 (Korea Bizwire) – As the trend of low-alcohol soju continues, boosted by the increased popularity of fruit-flavored soju, a product with an alcohol content of only 12 percent has been launched in the market. Lotte announced that it has launched Sunhari Apple, an apple-flavored soju with an ABV of only 12 percent. Considering [...]

Social Drinking Arkay Placebo Effect

Social Drinking Arkay Placebo Effect

FORT LAUDERDALE, Fla., Mar. 8 (Korea Bizwire) — Arkay Beverages announces that consumers drink Arkay for the placebo effect. Ever come home from work and plain needed a good stiff drink? It seems a fairly common sentiment, but according to Arkay Beverages, the notion that alcohol can curb stress may be an axiom. Of course, [...]

South Korean Households Spend Record Amount on Alcohol in 2014

South Korean Households Spend Record Amount on Alcohol in 2014

SEJONG, Feb. 23 (Korea Bizwire) — South Koreans spent the most in over 10 years on alcoholic beverages in 2014, mainly on beer and soju, statistics agency said Monday, while demand for cigarettes fell, most likely from the price increase. Data provided by Statistics Korea said local households spent an average of 11,267 won (US$10.16) [...]