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South Korea, Japan defense chiefs agree to put past behind them at Singapore meeting
N. Korea sending balloons carrying trash to S. Korea again: Seoul's military
Seoul defense chief thanks Congress for bill keeping US troops in South Korea
[Better Together] Where anyone who loves LG Twins is welcome
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[What to Watch] Three movies that will warm your heart with seniors’ wisdom
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Conman poses as Son Heung-min's friend, swindles W100m from girlfriend
Seoul envoy lambasts N.Korea satellite launch as 'one of the most expensive fireworks'
NewJeans makes Billboard's 21 Under 21 list for 2024
Seoul defense chief accuses Russia of using North Korean weapons in Ukraine attack
N. Korea continues GPS jamming attack for 4th day
Exports extend gains to 8th straight month in May
S. Korea, US, Japan condemn N.Korea launches, reaffirm peninsula denuclearization goal
Seoul defense chief seeks US congress support for defense-related science cooperation
China says 'difficult' to attend Ukraine peace talks without Russia
10 countries, EU voice 'resolute' opposition to NK-Russia arms transfers
Filmmaker Park Chan-wook among winners of inaugural Musan Cultural Awards
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Retail industries rush to cut ties with Yoo Ah-in
Feb 15, 2023
The Korean retail industry is busy preparing measures to erase actor Yoo Ah-in from their brands' promotions, after the actor tested positive for marijuana use and became embroiled in an open drug test investigation for the illegal use of propofol. Musinsa, the largest online fashion platform in Korea by sales, told The Korea Herald that the company is currently reviewing the termination of its brand model contracts with the actor. "With the investigation currently underway, we first d
Direct overseas shopping up 60% over 5 years
Feb 15, 2023
The value of overseas direct shopping exceeded $4.7 billion last year, significantly up from $2.7 billion in 2018, according to the latest data from the Korea Customs Service released Wednesday. The number of users also tripled over the past five years from 5.19 million to 15.57 million last year. It is the first time the figure has exceeded 15 million, coming to more than 1 in 4 people here. The most popular category for purchases was health-related foods, on which buyers spent a whopping $862
[Photo News] Brew with a view
Feb 15, 2023
Starbucks Korea on Wednesday opened a new “The Bukhansan” store near an entrance to Bukhansan National Park in Seoul. The two-story building, with almost 1,000 square meters of floor space, aims to give visitors a special experience to interact with nature with a cup of coffee and enjoy the mountain view in the city center. Special features include a photo zone on the rooftop terrace and a walking trail surrounding the store building.
BAT launches new Glo to take on KT&G, PMI
Feb 14, 2023
British American Tobacco’s South Korean branch announced Tuesday that the company will launch a new tobacco heating product, Glo Hyper X2, this month, in a bid to increase its share in the South Korean market. According to BAT Rothmans, the Korean arm of BAT, Glo Hyper X2 will be available on Feb. 27 at convenience stores and online e-commerce platforms. The new device is priced at 40,000 won ($31.56). “South Korea is making a significant contribution to BAT,” said BAT Rothmans
[Graphic News] S. Korea’s kimchi imports hit new high in 2022
Feb 10, 2023
South Korea’s imports of kimchi touched an all-time high in 2022 amid galloping consumer inflation in the country, government data showed. Inbound shipments of the spicy Korean traditional side dish came to $169.4 million last year, up 20.4 percent from a year earlier, according to data from the Korea Customs Service. The on-year growth rate was the highest since the 53.8 percent surge recorded in 2010. Kimchi is a traditional Korean side dish normally made of fermented cabbage, salt and h
Philip Morris bets big on low-priced Iqos
Feb 8, 2023
The South Korean unit of international tobacco company Philip Morris Korea said on Wednesday it will release Iqos Iluma One in Korea this month, amid the tobacco companies' heated competition for market share in Korea. "The newly released Iqos Iluma One, which is the latest addition to our flagship heat-not-burn electronic cigarette brand Iqos, is most characterized by its all-in-one design," said PMK managing director Paik Young-jay during a press conference. According to Paik, u
Pulmuone pushes for ready-meal vending machines in Korea
Feb 7, 2023
Korean food giant Pulmuone is in talks with US food-tech company Yokai Express to sign a deal before July for the launch of vending machines that can cook instant meals, the firm said Tuesday. "Pulmuone is in due process of securing exclusive rights to distributing and installing Yokai Expresss' vending machines that will sell Pulmuone's products in Korea," a Pulmuone official told The Korea Herald. "We aim for the contract to be signed during the first half of this year
Foreign shoppers flock back as pandemic nears its end
Feb 7, 2023
International shoppers are returning to South Korea amid eased virus restrictions, seeing sales rebound for local department stores. Hanwha Galleria, the retail arm of the Hanwha Group, said on Tuesday that sales in the luxury goods section at the Galleria Department Store in Apgujeong-dong, a posh shopping district in southern Seoul, had increased by 500 percent on-year between August and January. Hanwha Galleria’s Apgujeong branch is one of the most popular tourist destinations in Gangna
[Newsmaker] [From the Scene] Robot shelves, packagers behind Coupang's ultra-fast Rocket Delivery
Feb 7, 2023
Robots replace certain human jobs, but create more for sophisticated management
KT&G aims big for overseas expansion
Feb 5, 2023
KT&G, South Korea's dominant tobacco company, is making aggressive inroads into overseas markets in a bid to increase its sales and market share abroad, according to the company on Sunday. Aiming to foray into foreign markets, the company recently signed its first long-term sales and purchase agreement with global tobacco maker Philip Morris International. Under the 15-year agreement that lasts until January 2038, KT&G will be providing PMI with its heat-not-burn "lil" bra
[Graphic News] Exports of soju up 13.2%
Feb 3, 2023
Exports of soju, South Korea’s traditional distilled liquor, increased 13.2 percent in 2022 from a year earlier, data showed, rebounding for the first time in three years. Outbound shipments of soju reached $93.3 million in 2022, rising sharply from $82.4 million tallied a year earlier, according to the data compiled by the Korea Customs Service. In terms of volume, exports advanced 12.7 percent to reach 67,104 metric tons, the data showed. Soju is a clear, distilled liquor made with grain
Hygiene warning issued for McDonald's stores in Korea
Feb 1, 2023
McDonald's was found to have received hygiene warnings from the nation's food safety authorities more frequently than its smaller rivals here, according to a parliamentary report on Wednesday. Citing data submitted by the Ministry of Food and Safety, Rep. Ko Young-in of the main opposition Democratic Party of Korea said in the report that the US hamburger chain with some 400 outlets nationwide received a total of 91 penalties in the 2018-2022 period. The data showed that McDonald'
Paris Baguette opens 100th franchise store in US
Jan 30, 2023
Korea’s leading bakery franchise Paris Baguette has launched its 100th franchise store in the US, stepping up its overseas business, its operator SPC Group said Monday. Reaching the milestone with the opening of "Paris Baguette Red Bank" in New Jersey, the company aims to introduce 1,000 stores across the US market by 2030. According to the food company, Paris Baguette plans to sign 160 additional franchise deals this year. Entering the US in 2005, Paris Baguette has worked on en
Lotte Duty Free wins rights to run Melbourne Airport shops
Jan 25, 2023
Lotte Duty Free said Wednesday it clinched a 10-year contract to become the new operator of Melbourne Airport duty-free shops, in a bid to make further inroads into the Oceania market. According to the South Korean duty-free goods retailer, starting June 1, Lotte will offer a duty-free experience in the Australian terminal’s existing 3,600 square meter duty-free space, as well as the airport’s online e-commerce platform. The South Korean retailer became the preferred bidder for the O
Popeyes makes strong Korean comeback
Jan 24, 2023
US fried chicken fast food chain Popeyes is reporting strong sales after its return to the South Korean market. According to Silla Group, the operator of Korean Popeyes outlets, more than 5,000 customers visited its Gangnam branch during the first three days of the chain's relaunch, which took place on Dec. 16. In addition, as of Tuesday, more than 50,000 chicken sandwiches -- the chain's newly launched flagship menu -- were sold during the month after the store's first opening. T
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