Gov’t Regulation Creates Unintended Consequences of Favoring Foreign Brands

SEOUL, Korea, Mar 13 (Korea Bizwire) – Kim Sun-Kwon, CEO of Caffé Bene, Korea’s largest espresso-based coffee house chain, used to say his company would focus exclusively on the coffee business to make it as big as Starbucks. But his focus now is more diversified, dabbling in the steak restaurant and bakery businesses too. Why [...]