liquor Archives | Be Korea-savvy
Bumpy Road Ahead for Government’s New Glass and Plastic Bottle Policy

Bumpy Road Ahead for Government’s New Glass and Plastic Bottle Policy

SEOUL, Nov. 21 (Korea Bizwire) — Concerns have been raised that the government’s restrictions on the use of colored bottles and plastic bottles could lead to price hikes for liquor and cosmetics products and hinder exports as well. The Ministry of Environment classified the revision of the Resource Recycling Act, which will take effect on [...]

Health Ministry Mulls Celebrity Photo Ban for Liquor Bottles

Health Ministry Mulls Celebrity Photo Ban for Liquor Bottles

SEOUL, Nov. 5 (Korea Bizwire) — The government is considering plans to ban liquor manufacturers from using photos of female celebrities to promote their products. The Ministry of Health and Welfare announced on Monday that it will consider amending rules to ban liquor manufacturers from including pictures of female celebrities on liquor bottle labels to [...]

National Tax Service Bans Rebates but Allows Freedom of Pricing

National Tax Service Bans Rebates but Allows Freedom of Pricing

SEOUL, Aug. 29 (Korea Bizwire) — The National Tax Service has decided to rescind a controversial policy requiring suppliers to unify the price of liquor regardless of the amount of liquor they are supplying to various vendors, taking a step back from its original stance. The tax agency announced on Wednesday that it will implement [...]

Beer Sales on Rise as Consumers Opt for Light Drinking

Beer Sales on Rise as Consumers Opt for Light Drinking

SEOUL, May 2 (Korea Bizwire) – Sales of beer in South Korea are posting robust growth this year, largely backed by strong demand for imported beers, as consumers prefer to have light drinks over a meal instead of heavy liquor, industry sources said Tuesday.  According to data by E-Mart, the country’s largest discount outlet chain [...]

Food, Liquor Are Best-Selling Items at Discount Stores

Food, Liquor Are Best-Selling Items at Discount Stores

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 [...]