Most Popular
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Now is no time to add pressure on businesses: top executives
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CJ CheilJedang to spur overseas growth with new Hungary, US plants
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Seoul to host winter festival from Dec. 13
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Nationwide rail disruptions feared as union plans strike from Dec. 5
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Blackpink's solo journeys: Complementary paths, not competition
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N. Korea, Russia court softer image: From animal diplomacy to tourism
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Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
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[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
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Actor Song Joong-ki welcomes second child in Rome
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Main opposition pushes to ease, not postpone, tax on crypto gains
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Coupang claims facts distorted over death of contract worker
Coupang, an e-commerce giant, issued a statement Tuesday claiming that facts surrounding the death of a contract worker were being distorted. Denying claims that the short-term worker had died of overwork, Coupang said it will take strong actions against those who spread distortions. On Oct. 12, the short-term contract worker, who worked at Coupang’s Daegu Logistics Center, was found dead after returning home at around 6 a.m. Over this, there have been claims that the worker died of ov
Oct. 27, 2020
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Hanjin Express to stop night delivery service after courier’s death
Logistics firm Hanjin Express said Monday it would stop nighttime delivery shifts starting November, after one of its couriers died apparently from overwork. It is the first time a local logistic company has abolished night shifts. To prevent overwork and control the workload, Hanjin said it will increase both the number of delivery vehicles and delivery workers during holiday periods and times when there is more demand. “As delivery packages are concentrated on Tuesdays and Wednesda
Oct. 26, 2020
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Nongshim releases first new “kkang” snack in 47 years
South Korean food maker Nongshim said Monday it has released a new corn-flavored snack, called “Oksusu kkang.” It marks the first new addition to the company’s signature “kkang” series in 47 years after “Goguma kkang,” its beloved sweet potato flavored snack. Taking the shape of a corn on the cob, the new crackers have been described as sweet and nutty with a crunchy texture. Nongshim said that the “kkang” crackers have stood the test of t
Oct. 26, 2020
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Audio equipment tops overseas online shopping list for electronics
Audio equipment has topped the overseas online shopping list among South Korean shoppers who recently purchased electronics. In tandem with such a rise, the number of complaints over the shopping experience has grown, a survey showed Friday. The Korea Consumer Agency said that its survey revealed audio equipment such as wireless earphones, headphones and speakers was the most popular electronics category to be ordered online from another country. PCs and PC peripherals came second. The survey
Oct. 23, 2020
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LG Household & Health Care delivers largest Q3 revenue of W2.7tr
Consumer goods company LG Household & Health Care posted 2.7 trillion won ($2.38 billion) in quarterly revenue, its best-ever earnings for the third-quarter period. While its revenue was up 5.4 percent compared to the same time last year, the company also posted a net profit of 231.7 billion won, up 6.7 percent from a year ago and an operating profit of 327.6 billion won, up 5.1 percent, according to its regulatory filing Thursday. Despite uncertainties stemming from the COVID-19 pandemic,
Oct. 22, 2020
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McDonald’s Korea starts cooking with sunflower oil
McDonald’s Korea said Thursday it has replaced all the oil used in cooking its food with sunflower oil, a first in the quick service restaurant industry. The burger chain said it introduced sunflower oil to all of its burger outlets, as it is a healthier ingredient that is lower in trans fats than the vegetable oils the company was using before. The move comes as part of the plan the company announced earlier this month to promote sustainable growth for society and the environment. Sunf
Oct. 22, 2020
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Nongshim opens application for startup fostering program Nongshim Techup+
Nongshim, a South Korean food company, said Thursday it kicked off its annual fostering program to select and support food tech startups dubbed Nongshim Techup+. This year’s theme is “new lifestyle in the post-COVID-19 era,” and Nongshim is looking for food tech startups that present creative products or services in areas such as non-contact business, healthcare and all other economic activities done at home, the company explained. Nongshim said it will evaluate applicants
Oct. 22, 2020
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Online sales of CheongKwanJang rise globally amid pandemic
Korea Ginseng Corp. said on Thursday that global sales of its red ginseng products have increased amid growing interest in strengthening the immune system following the COVID-19 pandemic. According to the company, CheongKwanJang, its red ginseng brand, saw online sales increase 41 percent year-on-year during the first six months this year in China, thanks in part to its online flagship stores on platforms such as Tmall and JD.com. Online sales in the US and Japan also grew after the products b
Oct. 22, 2020
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OB releases series of goods to drive up beer sales
Oriental Brewery has released a series of goods for beer brands OB Lager, Stella Artois and Budweiser to drive up sales, as interest in drinking-related items grows amid the current pandemic. The brewing company launched an online store dedicated to goods inspired by its long-running mascot Lala Bear last month, including a glass set, a coaster set and a tube-type ice bucket. Stella, a Belgian beer sold by OB, has released a camphor cutting board that can also be used as a plate, while Budweis
Oct. 20, 2020
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‘Kimchi Relish’: Pulmuone reinterprets kimchi for millennials
Pulmuone said on Monday it has launched “Kimchi Relish,” a new type of kimchi that “reinterprets” the spicy Korean side dish, in South Korea and the US. Made with plant-based ingredients including tomatoes and Sriracha sauce, the chopped vegan kimchi comes in two flavors, Mild and Spicy, and is recommended to be had with dishes such as pasta, salads, and tacos. Pulmuone said the new product is expected to appeal to millennial and gen-Z consumers, among which there is a
Oct. 19, 2020
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Homeplus partners with E&J Gallo to expand US wine lineup
Homeplus said Friday it had signed a strategic partnership with E&J Gallo, a US-based winery, to introduce a wide range of US wines to the Korean market. According to the hypermarket chain, the two companies held an online joint business plan signing ceremony, to agree on establishing a stable distribution network. Founded in 1933, E&J Gallo stands as one of the biggest wineries in the US, Homeplus said. E&J Gallo currently has 75 affiliate companies and runs 120 brands, expor
Oct. 16, 2020
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Ediya Coffee’s delivery revenue jumps nearly sevenfold amid pandemic
South Korean coffeehouse chain Ediya Coffee said Thursday that revenue from its coffee delivery service increased around 660 percent over the last year, compared with a year before. According to data from the company, the number of delivery orders made between last October and September this year stood at 1.1 million, up 612 percent. from the same time last year. Ediya Coffee saw a sharper increase in order volume between April and June this year, during which the company saw a near 1,000 perc
Oct. 15, 2020
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Amazon Global Selling Korea to ramp up support for sellers
Amazon Global Selling Korea said on Thursday it is ramping up support to help sellers and businesses branch out into the international market. Speaking at a livestreamed press event, Lee Sung-han, head of the South Korean unit of the e-commerce giant’s export program, praised South Korea’s handling of the pandemic as he unveiled plans to assist businesses in the country. “Despite the pandemic this year, we thank many sellers in South Korea who worked with Amazon to provide hi
Oct. 15, 2020
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eBay Korea’s Smart Delivery launches charity campaign
eBay Korea’s next-day delivery service Smart Delivery on Monday launched a charity campaign to fund daily necessities for elderly single households. Part of the proceeds made through the company’s express delivery service will be donated to Miral Welfare Foundation and provide daily necessities kits for some 300 elderly people around the country who are living alone by early November, the firm said Monday. The campaign, which is funded in part through social contribution funds set
Oct. 12, 2020
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Nongshim Shin Ramyun Black named among world’s best instant noodles
South Korean food maker Nongshim said Monday its flagship instant noodle Shin Ramyun Black has been chosen as one of the world’s best instant noodle brands by The Travel. Nongshim’s Shin Ramyun Black was listed among the four chosen for the best instant ramen of 2020 lest, released Thursday by The Travel, a global tour site based in Canada. Hailing the noodle as “the top competitor” in the instant noodle world, The Travel chose Shin Ramyun Black as “The best in
Oct. 12, 2020
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[Monitor] Online shopping volume breaks record in August
South Korea’s online shopping volume reached 14.38 trillion won ($12.4 billion) in August, the highest since records began in 2001. Mobile shopping volume was 9.32 trillion won, surpassing by far the money spent through online shopping on PCs. Online shopping also accounted for a record breaking 28.6 percent of overall retail sales, up 7.7 percent from the same time last year. While food delivery services and ready-made meals helped drive sales up as people spent more time at home foll
Oct. 8, 2020
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Cafe24 sees over 35,000 online stores launched during Q3
Cafe24 said on Wednesday that 35,836 new direct-to-consumer online stores were launched through its e-commerce platform, its highest figure in five years. The latest data means that store launchings during the quarter experienced a near 40 percent year-on-year increase, which comes down to over 10,000 new stores opening each month. September recorded the biggest growth during the quarter with 11,545 new stores joining the platform, a 50.34 percent jump from 3,866 in the same period last year.
Oct. 7, 2020
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McDonald's Korea celebrates Founder’s Day
Celebrating Founder‘s Day, McDonald’s Korea Managing Director Antoni Martinez expressed appreciation and encouragement to employees on Wednesday. McDonald‘s Founder’s Day is held in October annually, to celebrate the birthday of its founder Ray Kroc, who was born on Oct. 5, 1902. The anniversary is globally celebrated by the burger chain’s branches across the world. To carry on the customer- and store-centered business management spirit of the founder, chi
Oct. 7, 2020
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[Photo News] Shinsegae opens Starfield Ansung
Retail giant Shinsegae Group said Monday it opened Starfield Ansung in Ansung, Gyeonggi Province, making it the largest shopping mall in the southern part of the province. According to the mall operator, the total floor space amounts to 240,000 square meters and the parking lot is big enough for 5,000 vehicles. About 300 shops have entered the mall so far, and it also places various entertainment facilities, such as a 63-meter observatory and art exhibition spaces. To prevent
Oct. 5, 2020
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McDonald's Korea pledges to increase environmentally-friendly stores
McDonald’s Korea announced Monday a new action plan aimed to promote sustainable growth for society and the environment. Through a video on its YouTube channel, the burger chain introduced the slogan, “Small but Great Changes for a Better Community,” and presented its action plans in four sectors that include the earth, keeping quality ingredients and supply, society, and employment. For the earth and the environment, McDonald’s Korea pledged to reduce its usage of pl
Oct. 5, 2020