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Govt. to discuss US export strategies with fisheries industry
38 Vietnamese tourists go missing in Jeju
Presidential official eyes possible resumption of consultative body on doctors' walkout
Seventeen to perform at Billboard Music Awards next week
Russia used some 60 N. Korean ballistic missiles in Ukraine war: report
LG Energy Solution, GM to jointly develop prismatic battery cells
US chip export curbs on China to have limited impact on S. Korea: govt.
S. Korea, Germany vow 'united, firm' response to NK-Russia military cooperation
LG Energy mulls buying GM's stake in Michigan battery plant
S. Korea's inflation rises 1.5% in Nov., meeting target for 3rd month
N. Korea's weather agency officials visit Russia
S. Korea settles 62 cases of non-tariff trade barriers in 2024
N. Korea to convene key party meeting in late Dec. weeks ahead of Trump's inauguration
US unveils new package of chip export controls against China
Seoul shares open higher amid US export curbs against China
[Graphic News] Korea’s 5G infrastructure ranked best in world
[Joseph E. Stiglitz] The Democrats’ only option
[Sławomir Sierakowski] Has Angela Merkel no shame?
[Editorial] Disturbing the government
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[Herald Interview] Homeplus eyes market expansion with private brand, global sourcing
Feb 3, 2020
Top executive of retailer has aggressive plans for expanding market share in South Korea
Lotte Chilsung rolls out eco-friendly water product with no plastic labels
Jan 29, 2020
Lotte Chilsung Beverage said Wednesday it has rolled out bottled mineral water without plastic labels. The new product, 1.5-liter Icis 8.0 Eco, has its brand name engraved on the plastic bottle, taking away the hassle of having to remove the label before recycling it. The exclusion of the label will save about 4.3 tons of packing materials, the company said. The product will be released on Lotte Chilsung’s official shopping site and other online channels, in two bundles, each consist
Rivals join hands for global heated tobacco market
Jan 29, 2020
KT&G partners with Phillip Morris International to distribute heat-not-burn lil cigarettes worldwide
McDonald’s Korea names Martinez as new chief
Jan 29, 2020
McDonald’s Korea announced Wednesday the appointment of Antoni Martinez as the new managing director. He replaces Melanie Joh who resigned last month. Martinez has been market director for the southern region of Australia since January 2016. He joined McDonald’s in Victoria, Australia, in 2000 as a crew member. “McDonald’s has a strong track record in Korea thanks to the team’s innovative approach over the years.” Martinez said in a statement. &ldquo
Samyang sells more overseas than domestically on spicy noodle hit
Jan 28, 2020
Samyang Foods, the manufacturer of the globally popular Buldak Spicy Chicken noodles, saw its revenue from overseas surpass domestic sales last year, industry sources said Tuesday. Last year, Samyang Foods recorded total sales of 535 billion won ($455 million), and exports surpassed domestic sales by 5 billion won. It is the second time a South Korean food manufacturer has sold more of its products overseas than in the domestic market, the first being Choco Pie from Orion Corp. The food m
Korean meat brand taps Pakistan market
Jan 22, 2020
Korean food service enterprise Didim said Wednesday its Korean barbecue brand Mapo Galmaegi signed a franchise contract with a Pakistani company to start business there. Didim said it signed the contract with M Anwar Bro, a Pakistani importer that exclusively supplies Korean and Japanese automobile parts to the market there on Tuesday. M Anwar Bro also owns construction- and computer-related subsidiaries. Recently, the Pakistani company sought to expand its businesses into food, and contac
Blue Bottle Coffee to open 5th store in Gwanghwamun
Jan 22, 2020
California-based coffee chain Blue Bottle Coffee will open its fifth store in South Korea near Gwanghwamun Square in central Seoul, according to industry on Wednesday. After making a hit in opening its first store in Seongsu, Seoul in May 2019, the coffee chain has since increased its outlets in three other spots in Seoul -- Samcheong, Apgujeong and Yeoksam. Blue Bottle Coffee reportedly will open its fifth shop in on the first floor of Cheonggye Hankook Building, located in Jongno, next t
McDonald’s Korea CEO resigns for personal reasons
Jan 21, 2020
McDonald’s Korea CEO Cho Ju-yeon resigned from her post last week due to “personal reasons.” Cho sent an email to all employees on Tuesday to announce her resignation, without elaborating on the reason, industry officials said. However, a McDonald’s Korea official said Cho was leaving due to personal reasons unrelated to the company. While McDonald’s Korea does not have a designated tenure for the CEO position, Cho’s resignation was a planned move, the officia
McDonald’s Korea to raise burger prices by 1.36 percent, including Big Mac
Jan 17, 2020
McDonald’s Korea said Friday that it will raise prices of eight items on its menu from Monday, including the brand’s signature Big Mac, by 1.36 percent overall. The items are four burgers, one side and one drink. The prices for the Cheese Burger and Big Mac will increase by 200 won (18 cents). Other items will see 100 won to 300 won increases. The burger chain said it will also cut the prices of three burgers: the Hamburger by 200 won, and Double Bulgogi Burger and Double Chees
Starbucks to roll out BTS drinks
Jan 17, 2020
Starbucks Korea will start a new campaign with K-pop boy band BTS and roll out new menu items and products, as part of a project supporting youth, the company said Thursday. According to the coffee chain, it will start a new campaign, dubbed “Be the Brightest Stars” from Jan. 21 to Feb. 6, to present limited edition menu items and goods themed around the color purple in collaboration with BTS. The campaign is designed to deliver to young people the message, “You shine like a st
IKEA recalls India-made travel mugs over chemical concerns
Jan 15, 2020
Global furniture giant IKEA said Wednesday that it is recalling India-made Troligtvis travel mugs due to health concerns related to chemicals in the products.The decision came amid worries that the mugs that have been sold since last year may migrate levels of dibutyl phthalate exceeding the recommended limits. IKEA‘s Korea unit said that all customers who have bought the cups can get full refunds regardless of whether they have receipts.“We took the global recall measure so as
Yuhan-Kimberly donates over 5 million sanitary pads over 4 years
Jan 15, 2020
Yuhan-Kimberly, a Korean manufacturer of hygiene products, donated more than 5 million sanitary pads over the past four years, the company said Wednesday.The company’s donation is part of its “Cheer Up, Daughters” campaign to promote the rights of teens and the importance of hygiene for health, started in 2016 in partnership with the Korea Foundation for Women, a civic women’s group. According to the company, it donated 1.53 million pads in the first year, followed by 1 m
Woongjin Coway seeks lead in air purifier market with filter variables
Jan 14, 2020
Following rising demand for air purifiers, household appliance company Woongjin Coway is seeking to continue its lead in the market with its special filters, the company said Tuesday.According to research institute Growth From Knowledge, annual sales of air purifiers in South Korea have more than doubled recently, from about 700,000 in 2016 to 1.8 million in 2018, amid the rising threat of worsening fine and ultrafine dust levels. Korea’s No. 1 rental company of air purifiers by sales, Cow
McDonald’s to hire 600 permanent employees this year
Jan 13, 2020
McDonald’s said Monday it will hire a total of 600 permanent employees this year, the biggest number since it entered the Korean market in 1988. According to the burger chain, the figure comprises about 200 restaurant managers for duties such as customer management, quality checks and human resources management. The remaining 400 permanent employees will be hired for McDonald’s new position of restaurant shift manager. Only temporary staff working at the company can apply for t
Starbucks Korea to hire handicapped baristas for regular employment in Q1
Jan 13, 2020
Starbucks Korea said Monday that it had begun its recruitment process for baristas with disabilities for the first quarter of this year.According to the coffee chain, it will accept applications starting from Monday until 5 p.m. on Jan. 23. The process includes document screening, interviews and field tests in the form of five weeks of training, before the final results are announced. Starbucks first began its hiring program for baristas with disabilities in 2007, and began running the program o
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