SEOUL, Nov. 12 (Korea Bizwire) — One out of three Koreans eat out regularly according to a study conducted by the Ministry of Health and Welfare and Korea Centers for Disease Control (KCDC). An increasing number of South Koreans are skipping breakfast and relying on convenience foods such as fruits, beverages, or cup noodles as [...]
SEOUL, Oct. 18 (Korea Bizwire) — The Michelin Guide on Thursday announced its selection of 26 restaurants in Seoul with unique cuisine and quality, including two new two-star eateries. Two restaurants — fine dining Korean restaurant Gaon and La Yeon, a traditional Korean cuisine restaurant at Hotel Shilla — maintained three-star ratings for a third [...]
SEOUL, Oct. 2 (Korea Bizwire) — The proliferation of delivery service apps due to the rise of single-person households and the ubiquity of smartphones among the mass public combined with the monopolistic structure that these delivery services have created has resulted in an onerous burden for restaurant owners. Addressing this very issue, the Korea Franchise [...]
SEOUL, Sept. 4 (Korea Bizwire) — Shinsegae Group, which operates high-end department stores throughout the nation, announced that it is launching a new smartphone app that will allow shoppers to check, in real-time, the wait time at restaurants situated within Shinsegae malls. Through the service, which launched at Shinsegae’s Gangnam branch yesterday and will roll [...]
SEOUL, Aug. 20 (Korea Bizwire) — According to government data, the number of new restaurants is almost the same of the number of restaurants that are shutting down. Last year, the number of restaurants that closed down was the highest in six years in terms of the ratio of new openings versus those going out [...]
SEOUL, Nov. 11 (Korea Bizwire) — The restaurant business was somewhat stunted in the third quarter this year but is expected to improve in the fourth quarter, mostly for those that serve foreign food, a sentiment survey showed Friday. The Korea Restaurant Business Index, released jointly by the Ministry of Agriculture, Food and Rural Affairs [...]
SEOUL, April 28 (Korea Bizwire) – South Korea will introduce a sanitation grading system for restaurants from next month, the food ministry said Friday. From May 19, restaurants can voluntarily apply to get hygiene ratings, the ministry of Food and Drug Safety said. The Korea Agency of HACCP Accreditation and Services (KAHAS) will conduct on-site [...]
SEOUL, March 28 (Korea Bizwire) – Diversifying South Korea’s repertoire of visitors amid continued threats from China, the Korea Tourism Organization is planning to attract 1.2 million tourists from Muslim countries this year, up from what was roughly 980,000 in 2016. Last year’s number was a 33-percent increase from 2015. Of the visitors, 740,000 were [...]
SEJONG, Dec. 14 (Korea Bizwire) – The number of overseas restaurants, bakeries and cafeterias run by South Korean companies jumped 17.6 percent on-year in 2016 on their efforts to expand overseas business, government data showed Wednesday. A total of 188 firms operated 5,476 stores in 50 countries as of end-2016, up from 4,656 overseas shops [...]
SEOUL, Dec. 5 (Korea Bizwire) – South Korea’s restaurant industry is suffering from worsening business conditions due to market saturation and a prolonged economic slowdown, government data showed Monday. The number of restaurants and pubs in Asia’s fourth-largest economy stood at 650,000 as of end-2014, up 2.4 percent from a year earlier, according to Statistics [...]