Whisky Archives | Be Korea-savvy
S. Korea’s Largest Whisky Manufacturer Shutters Plant

S. Korea’s Largest Whisky Manufacturer Shutters Plant

SEOUL, Aug. 29 (Korea Bizwire) — With South Korean whisky manufacturers suffering through almost 10 years of difficult market conditions, Diageo Korea Co., the largest whisky manufacturer in the country, has decided to shut down local production after 39 years in the country. Diageo Korea, the local unit of British beverage maker Diageo plc, decided [...]

Whiskey Companies Break Agreement, Launch Promotions

Whiskey Companies Break Agreement, Launch Promotions

SEOUL, June 23 (Korea Bizwire) – A prolonged economic slump and changes in drinking culture have cornered the whiskey market to the point where the industry has fallen into cutthroat competition, with companies breaking a voluntary agreement signed under the direction of a supervisory agency, the National Tax Service. Diageo Korea and Pernod Ricard Korea, the [...]