SEJONG, May 19 (Korea Bizwire) — South Korea’s finance ministry said Tuesday it will ease regulations on alcoholic drinks, in a bid for local producers to increase their competitiveness against foreign firms. Under the deregulatory move, which is subject to approval from the National Assembly, local firms will be allowed to produce alcoholic drinks under [...]
TONGYEONG, March 25 (Korea Bizwire) — The city of Tongyeong in South Gyeongsang Province will push for a project to set up local area drone delivery services. The project is aimed at building delivery infrastructure by using drones in logistics blind spots such as mountainous areas or islands where it is difficult to receive mail [...]
SEOUL, Feb. 18 (Korea Bizwire) — The e-commerce industry, which has long emphasized “fast delivery,” is now expanding its services, with competition now turning to offering “easy returns”. South Korea’s major shopping portal 11st said Monday that it has introduced a service to offset return costs caused by customers exchanging products, in which an insurance [...]
SEOUL, Feb. 6 (Korea Bizwire) — The coronavirus outbreak has resulted in worry among South Koreans purchasing goods directly from China over the risk of infection through delivered goods. The Korea Customs Service reported that incoming products from China accounted for as much as 33 percent of the foreign direct purchase market, ranking second after [...]
SEOUL, Dec. 9 (Korea Bizwire) — With the continued growth of the delivery market, which is a hot topic in the food and restaurant industry, the era of consumers receiving bread delivered from bakeries near their homes to the front door has begun in earnest. Paris Baguette, the flagship bakery brand of South Korea’s SPC [...]
SEOUL, Nov. 4 (Korea Bizwire) — South Koreans are increasingly preferring home meal deliveries. Innocean Worldwide Inc., a local advertisement agency, released a report on Sunday that compiled some 1.7 million data records produced on online forums and social media between August 2018 and July 2019. The report showed that South Koreans are increasingly preferring [...]
SEOUL, Oct. 28 (Korea Bizwire) — Experts are concerned that shared kitchen services will only maximize profits for delivery businesses, while undermining the overall competitiveness of the food service industry. According to a study commissioned by the Korea Agro-Fisheries & Food Trade Corporation and conducted by the Korea Food Service Industry Management Institute (KFIM), the [...]
SEOUL, Oct. 15 (Korea Bizwire) — While restaurants and other dining companies are increasingly dependent on delivery apps, owners do not think that these apps help them increase profitability, a recent survey has showed. According to a study released Monday by the Korea Food Service Industry Research Institute (KFIRI), 49.8 percent of the average number [...]
SEOUL, Sept. 27 (Korea Bizwire) – A recent study suggests that acupuncture treatment for indigestion or back pain during pregnancy is safe, and that there are no adverse effects on delivery. A team of researchers at the Jaseng Spine and Joint Research Institute said Wednesday that their findings were based on a study of the [...]
SEOUL, Sept. 16 (Korea Bizwire) — Amid growing demand for coffee delivery, recent data shows that orders are high in areas with many office buildings as well as rental housing zones. According to the Coffee Index tabulated by the food delivery app Baedal Minjok, the most popular place for coffee delivery is Nonhyeon 1-dong in [...]