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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 [...]

Starbucks Set to Post Record Operating Profits in Korea in 2017: Sources

Starbucks Set to Post Record Operating Profits in Korea in 2017: Sources

SEOUL, Sept. 12 (Korea Bizwire) — Operating profits of Starbucks Coffee Korea are expected to exceed 100 billion won (US$88.4 million) this year amid growing popularity of the U.S. coffeehouse chain here, industry sources said Tuesday. The 50-50 joint venture between retail conglomerate Shinsegae and the U.S. coffee giant posted 52.8 billion won in operating [...]

FNC Launches Global Call to Make Coffee Harvesting in Colombia More Efficient

FNC Launches Global Call to Make Coffee Harvesting in Colombia More Efficient

BOGOTA, Colombia, Sept. 5 (Korea Bizwire) — The Colombian Coffee Growers Federation (FNC) recently launched a global call for making selective coffee harvesting in Colombia more efficient. This public and open call, called “CoffeepickINN”, is a challenge that seeks to identify innovative solution proposals coming from entrepreneurs, research groups and/or companies that make selective coffee [...]

Giant Coffee Cups Boost Recycling in Seocho District

Giant Coffee Cups Boost Recycling in Seocho District

SEOUL, Aug. 8 (Korea Bizwire) —In an attempt to encourage pedestrians to recycle, Seoul’s Seocho District is flexing its creative muscle. On August 7, the district office announced that it will place 44 recycling bins designed to look like giant coffee cups throughout the streets of the Gangnam and Banpo neighborhoods. Standing waist high, these garbage [...]