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Biz & Tech

Retail & Food

Sun, January 26, 2020 | 23:22

Japanese beer imports nearly halved amid boycott

Japanese beer imports nearly halved amid boycott

The import of Japanese beer to Korea nearly halved in 2019 in the aftermath of Koreans' boycott of Japanese goods triggered by a trade feud between the two countries, data showed Thursday. This marks the first beer import market decrease in ten years.

2020-01-23 16:48

Lee Ju-sun favored to become next NACF chairman

Lee Ju-sun favored to become next NACF chairman

Lee Ju-sun, who is seeking the chairmanship of the National Agricultural Cooperative Federation (NACF), has pledged to make systematic adjustments to the organization to better prepare for changes in the agricultural industry.

2020-01-23 15:21

Pharmaceutical industry expands to cosmetics, retail with new retro trend

Pharmaceutical industry expands to cosmetics, retail with new retro trend

The pharmaceutical industry in Korea is considered relatively conservative compared to other industries, however with the “new retro” trend sweeping the nation, pharmaceutical companies are adapting classic products to provide a range of interesting new creations.

2020-01-23 15:07

AmorePacific to reduce reliance on Chinese customers

AmorePacific to reduce reliance on Chinese customers

The country's No. 1 cosmetics maker AmorePacific said it will work to reduce its reliance on Chinese visitors by diversifying its target customers.

2020-01-22 20:17

$211 million: Exports of ginseng products hit record high

$211 million: Exports of ginseng products hit record high

Leading the surge were red ginseng extracts, red ginseng-based drinks or snacks, and ginseng-based drinks - each saw 60-65 percent increase year-on-year.

2020-01-22 13:34

Head of McDonald's Korean unit quits

Head of McDonald's Korean unit quits

What seems like an easy job for many wasn't easy for Joh Ju-yeon, the former managing director at McDonald's Korea.

2020-01-21 18:32

HMM seeks profit in Q3 after joining THE Alliance

HMM seeks profit in Q3 after joining THE Alliance

Hyundai Merchant Marine (HMM) said Tuesday the company would turn a profit sometime within the third quarter of this year at the earliest, after ending an 18-quarter losing streak.

2020-01-21 17:00

HiteJinro banned from using 'Clean Lager' to promote TERRA

HiteJinro banned from using 'Clean Lager' to promote TERRA

South Korea's food safety regulator has banned HiteJinro from using “Clean Lager” on all forms of promotional material for its TERRA beer.

2020-01-21 13:43

Court sides with bhc against BBQ over fried chicken recipe

Court sides with bhc against BBQ over fried chicken recipe

Korean fried chicken franchise BBQ has lost a lawsuit against a former employee who allegedly utilized internal information after moving to local rival bhc, according to industry officials Monday.

2020-01-20 17:28

Ginseng cosmetic brand Donginbi covers skin wrinkles, tension

At this time of year when the skin gets dry with the cold air, consumers are taking greater interest in more practical cosmetic products that target the different needs of various age groups.

2020-01-20 17:17

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