SEOUL, Dec. 2 (Korea Bizwire) – Food and liquor products have been among the best-selling items at South Korean discount stores in 2016 as major chains have released a variety of home replacement meals and ready-to-eat products, industry data showed Friday. E-Mart, the nation’s largest chain operated by Shinsegae, said liquor was the most popular [...]
SEOUL, Nov. 21 (Korea Bizwire) – A rising number of five-star hotels in Seoul are offering halal foods in their restaurants to attract Muslim guests, a small but growing market, industry officials said Monday. The local travel and hospitality industry has sought ways to enhance convenience for a growing influx of Muslim tourists on the [...]
SEJONG, Nov. 17 (Korea Bizwire) – South Korea’s restaurant business fell into its severest slump in five years in September, state statistics showed Thursday, beaten by a protracted economic slowdown and worsened by an overcrowded market. The production index for restaurants in the month fell to 85.2, the lowest since 83.9 of September 2011, according [...]
SEOUL, Nov. 7 (Korea Bizwire) – Michelin Guide on Monday announced its highly regarded star selections for 24 restaurants in Seoul, giving the much-coveted three stars to two Korean restaurants with unique cuisine and quality service. In the first Michelin Red Guide for Seoul, Gaon, a fine Korean restaurant operated by ceramic maker Kwangjuyo, and [...]
SEOUL, Nov. 2 (Korea Bizwire) – The ASEAN Fair 2016 kicked off at COEX Wednesday with chefs and food and beverage businesses from ten ASEAN member nations participating. The fair will be highlighted by the ASEAN Food Festival and an exhibit of ASEAN food and beverage products, providing ASEAN companies (some 100 participants) the opportunity [...]
SEOUL, Oct. 21 (Korea Bizwire) – A traditional Korean food festival kicked off on Friday to introduce the representative seasonal dishes which are essential to the Korean mind, body and soul. The “2016 K-Food Festival” organized by the state-run Korea Tourism Organization (KTO) will continue through Saturday at the eastern square of COEX in southern [...]
SEOUL, Oct. 19 (Korea Bizwire) – Major South Korean food and beverage companies are diversifying their business portfolios as they are reeling from a drawn-out slump, industry officials said Wednesday. The country’s biggest confectionery Orion Corp. said it has joined with the National Agricultural Cooperative Federation (Nonghyup) to venture into the food market. Under the [...]
SEOUL, Oct. 4 (Korea Bizwire) – “Collaboration” is the latest trend in Korea’s food industry, as companies are now joining hands to develop new products. Dongwon F&B is among the more active food product manufacturers seeking such relationships. The company recently launched Denmark Drinking Yoghurt Green Plum, a joint product developed alongside Woongjin Foods, by [...]
SEOUL, Aug. 29 (Korea Bizwire) – Outbound shipments of food, beauty, fashion and personal care products soared in the first half of the year on the back of the growing popularity of the Korean wave, or hallyu, industry data showed on Monday. According to the data compiled by the Korea International Trade Association (KITA), exports [...]
SEOUL, Aug. 16 (Korea Bizwire) – The Korean diet has shifted rapidly over the past half century to become more westernized, with increased consumption of meat and a drop in rice consumption. According to a recent report by Nonghyup’s Livestock & Economy Research Institute, the average annual meat consumption per person for 2015 was 47.6kg, [...]