overseas push Archives | Be Korea-savvy

Korean Foodmakers Ramp Up Overseas Push amid COVID-19 Pandemic

SEOUL, July 22 (Korea Bizwire) – Arguably, the global pandemic may not be a boon to most sectors, but foodmakers appear to be entirely insulated from the fallout of the COVID-19 outbreak. Their performance has been gaining traction on the back of virus fears as stay-at-home consumers buy more foodstuffs online, mostly ready-to-eat meals, out [...]

South Korean Retail Giants Eye Overseas Push

SEOUL, March 3 (Korea Bizwire) – South Korea’s retail giants, faced with cut-throat competition in the rapidly saturating domestic market, are turning their attention to overseas markets in conjunction with small and mid-sized businesses to secure a new growth driver, industry watchers said Thursday. The country’s three major retail conglomerates – Shinsegae Group, Lotte Group [...]