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Fri, October 20, 2017 | 21:28

Biz & Tech > Light industries >

Starfield Goyang attracts children with toys, and shoppers with amenities

GOYANG, Gyeonggi Province ─ Mothers holding their children’s hands and fathers pushing strollers crowded Starfield Goyang Thursday when Shinsegae held a pre-opening event for this giant shopping mall, northwest of Seoul. Young parents with their children are expected to be the main customers of the 364,000-square-meter mall that will open Aug. 24. Following Shinsegae’s first ...

Light industries | 2017-08-17 16:24

Nongshim's Shin Ramyun is sold at 4,692 Walmart stores in US

Korea’s most popular instant noodle products have arrived in the United States in a convincing fashion. The nation’s top snack maker Nongshim said Wednesday that its best-selling noodles Shin Ramyun hit the shelves of all 4,692 U.S. Walmart stores in the U.S. in June.

Light industries | 2017-08-16 16:04

'Pet taxis' flourish as owners seek comfortable travel with animals

Rapid growth of South Korea’s pet market has led to the birth of a new business: pet taxis. About 10 pet-only taxi companies are running successfully in Seoul, although they charge four times the fare of ordinary taxis. And the business is quickly making its way to provincial cities and other rural areas.

Light industries | 2017-08-15 14:55

Prayer room to open at Lotte World Tower

A prayer room for Muslim shoppers will open this Wednesday at Lotte Department Store Avenuel’s World Tower branch in Jamsil, southeastern Seoul. The 49.6-square-meter room will be the country’s first and only Muslim prayer room set up by a local retailer, according to Lotte Department Store, Sunday. Lotte divided the prayer space in two ─ for women and men, placing copies of ...

Light industries | 2017-08-13 15:34

Korean Air, Asiana overcome China's THAAD backlash

Korean Air and Asiana Airlines posted better-than-expected earnings in the second quarter despite a steep fall in the number of Chinese visitors. The two flagship carriers were initially expected to have performed poorly during the March-to-May period because many Chinese chose not to visit Korea after the nation formally decided to deploy a U.S. anti-missile Terminal High Al...

Light industries | 2017-08-11 16:30

KFC to open 300 more stores in Korea by 2023

KFC Korea will open 300 new stores by 2023 to compete more effectively with BBQ and other home-grown fried chicken franchises, the company CEO said Friday. The Korean unit of the Kentucky-headquartered fried chicken chain also plans to hire nearly 1,000 new workers to staff the outlets. It now directly operates all its 214 stores across the country, unlike other fried chicken...

Light industries | 2017-08-11 16:24

Cheers! Makgeolli-flavored coffee to hit shelves

Imagine drinking Americano with Makgeolli, a traditional Korean rice-based alcoholic beverage. What does it taste like? If you wonder, try “Makgeollicano,” a new beverage produced by Kooksoondang Brewery. The company said Friday the product will hit stores on Monday. The beverage is based on ground, uncooked rice brewed for seven days with roasted coffee beans. Its alcohol co...

Light industries | 2017-08-11 14:28

BAT jumps into rivalry of smokeless cigarettes

British American Tobacco (BAT) has unveiled its smokeless cigarette device, glo, in Korea, vowing to catch up with its rival Philip Morris which began selling its IQOS here in May. The two multinational cigarette brands are expected to be engaged in heated competition to secure the upper hand in this rapidly-growing, lucrative market. BAT Korea said Thursday it will begin sel...

Light industries | 2017-08-10 19:31

CJ rushing to list units on bourse

CJ Group has been rushing to take its unlisted units public to raise much-needed funds to finance its growing overseas ventures in food, logistics, biopharmaceuticals and cultural content. Korea’s 13th-largest conglomerate is trying to list the shares of its TV drama and movie producer, pharmaceutical maker and cinema chain in Vietnam, among others, to secure as much as 2 trillion won ($1.77 billion). The group said Tuesday CJ E&M has filed an application with the Korea Exchange to take Studio Dragon, the nation’s largest TV drama and media entertainment content producer, public on the tech-...

Light industries | 2017-08-09 16:28

Scholarship for descendants of independence fighters

Starbucks Coffee Korea CEO Lee Seock-koo, left, poses with Na Jung-hwa, vice chairman of the Korea Liberation Association (KLA), right, after donating 100 million won ($88,500) in scholarships for university students who are descendants of independence fighters, at the company headquarters in Seoul, Tuesday. Ahead of the Aug. 15 Liberation Day, the Korean unit of the Seattle-...

Light industries | 2017-08-09 16:02

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Lunch with Navy sailors