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Starbucks Coffee Korea Slapped with 10mln-Won Fine

Starbucks Coffee Korea Slapped with 10mln-Won Fine

SEOUL, Jul. 11 (Korea Bizwire) — South Korea’s communications regulator has slapped a 10 million-won (US$9,000) fine on Starbucks Coffee Korea Co. for breaching personal information of hundreds of its customers, an official said Wednesday. The Korea Communications Commission said IDs, nicknames and mobile phone numbers of 537 people were disclosed due to a technical [...]

Government Bans Coffee Products from Schools

Government Bans Coffee Products from Schools

SEOUL, Jun. 14 (Korea Bizwire) — Starting in mid-September, the sale of coffee products will be banned from all schools in the nation. According to the Ministry of Food and Safety, the special revised law pertaining to food safety for children will come into effect on September 14. According to the newly revised law, coffee [...]

The FNC Receives Important Sustainability and Quality Awards from the Coffee Industry

The FNC Receives Important Sustainability and Quality Awards from the Coffee Industry

BOGOTÁ, Colombia, May 15 (Korea Bizwire) — In recent weeks, the Colombian Coffee Growers Federation (FNC) has received important sustainability and quality awards from key players in the global coffee industry such as Rainforest Alliance, the Coffee Quality Institute (CQI), and the Specialty Coffee Association (SCA). Last week, on May 9, the FNC received one [...]

Starbucks Posts Record Operating Profit in Korea in 2017: Sources

Starbucks Posts Record Operating Profit in Korea in 2017: Sources

SEOUL, Mar. 15 (Korea Bizwire) — Starbucks Coffee Korea posted a record operating profit last year amid growing popularity of the U.S. coffeehouse chain here, industry sources said Thursday. The 50-50 joint venture between retail conglomerate Shinsegae and the U.S. coffee giant posted 114.4 billion won (US$107 million) in operating profit on 1.2 trillion won [...]

Law Revision Proposed to Ban Coffee at Schools

Law Revision Proposed to Ban Coffee at Schools

SEOUL, Jan. 25 (Korea Bizwire) — A law revision recently passed a parliamentary committee to ban selling coffee at all elementary, middle and high schools, the food ministry said Thursday. Proposed changes would remove coffee and coffee drinks from school cafeterias, snack stores and vending machines, which mostly cater to faculty members, according to the [...]