Korean food
Korean food
Korea Ginseng Corp. intensifies marketing efforts in the UAE
Aug 09, 2022 (Gmt+09:00)
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Korean food
CJ CheilJedang to rev up Korean food sales in Europe
South Korean food giant CJ CheilJedang Corp. is set to accelerate the expansion of its Korean food business in Europe. It aims to increase annual foo...
Jul 06, 2022 (Gmt+09:00)
1 Min readlanguage -
Korean food
Washington D.C. recognizes Korea as origin of kimchi
Washington D.C. has joined the three US states of California, Virginia and New York to designate Nov. 22 “Kimchi Day,” and has acknowledg...
Jun 29, 2022 (Gmt+09:00)
1 Min read -
Economy
Korea May inflation tops 5% for first time since 2008-09 crisis
South Korea’s inflation accelerated further in May to the fastest pace since the 2008-09 global financial crisis on surging energy and food pri...
Jun 03, 2022 (Gmt+09:00)
3 Min readlanguage -
Korean food
Nongshim eyes top spot in global instant noodle market
South Korea’s No. 1 noodle maker Nongshim Co. is aiming for top place in the world’s instant noodle market, looking to beat the current d...
May 03, 2022 (Gmt+09:00)
2 Min readlanguage -
Korean food
CJ steps up US exports with new instant rice bowls
South Korea's food and beverage giant CJ CheilJedang Corp. on April 21 began shipment of its new Hetbahn instant rice products for US consumers from ...
Apr 21, 2022 (Gmt+09:00)
2 Min read -
Korean food
Nongshim aims for top instant noodle spot in the US
Nongshim Co., South Korea’s leading instant noodle maker is aiming for the top noodle spot in the US. The Korean food company will begin opera...
Mar 18, 2022 (Gmt+09:00)
2 Min read -
Korean startups
Chicken startup shakes up crowded market with robotic arms
Preparing fried chicken requires a simple, but laborious process: Placing pieces of chicken on dough and frying powder; putting them into an iron bas...
Feb 22, 2022 (Gmt+09:00)
2 Min read -
Korean food
Vegan foodmaker Organica attracts funding from China's CITIC
Plant-based food company Organica Corp. has attracted investment from China’s alternative investment firm CITIC Capital Holdings Ltd. This mark...
Jan 20, 2022 (Gmt+09:00)
1 Min readlanguage -
Private equity
Orchestra PE buys Korean pizza brand Banolim
Orchestra Private Equity set up Orchestra Private Equity IV (OPE IV) to invest $32 million in Korea’s pizza chain operator Banolim Food Co. and...
Nov 10, 2021 (Gmt+09:00)
2 Min read -
Korean food
Pulmuone to expand alternative meat business in the US
South Korea’s major food company Pulmuone. Co. is slated to expand sales of its in-house developed meat alternatives in the US market. The food...
Nov 09, 2021 (Gmt+09:00)
2 Min read -
Food & Beverage
CJ Bibigo challenges kimchi leadership in Korea
CJ Cheiljedang Corp. may overtake Daesang Corp.’s leadership in Korea’s packaged kimchi market for the first time in history. According t...
Jul 26, 2021 (Gmt+09:00)
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Culture & Trends
Perfection and speed
“Culture eats strategy for breakfast” is a famous quote attributed to the late management thinker Peter Drucker. Like most quotes from fam...
Jun 28, 2021 (Gmt+09:00)
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Korean food
Hahn & Co. acquires controlling stake in Namyang Dairy Products
South Korea’s private equity (PE) firm Hahn & Co. has acquired a controlling 53% stake in Namyang Dairy Products, acquiring all shares owne...
May 27, 2021 (Gmt+09:00)
2 Min readlanguage -
Culture & Trends
Reading the air
For the past 18 years I have worked in East Asia, four of them here in Korea and the last ten for the Swiss national trade and investment agency calle...
May 25, 2021 (Gmt+09:00)
5 Min read -
Korean food
SK acquires 70% stake in Yposkesi to jump into cell, gene CMO business
SK Inc., the holding and investment company of SK Group, South Korea’s third-largest conglomerate, has acquired a 70% stake in Yposkesi, a Fren...
Mar 31, 2021 (Gmt+09:00)
2 Min read -
Korean food
Orion boosts presence in India's $15 bn confectionery market
South Korea-based confectionery Orion Corp. has set up a plant in India, the second-most populous country in the world, to respond quickly to local m...
Feb 23, 2021 (Gmt+09:00)
2 Min readlanguage -
Korean food
Daesang marks Indonesia as hub for Middle East expansion
South Korea-based Daesang Corp. plans to beef up investment in Indonesia as part of its strategy to foster future growth drivers and to tap into the ...
Feb 18, 2021 (Gmt+09:00)
2 Min readlanguage -
Korean food
Startups spice up Korean food export market
South Korean startups are at the forefront of the Korean food export boom as they boost global awareness of popular dishes such as spicy fermented ca...
Feb 02, 2021 (Gmt+09:00)
2 Min read -
Korean food
Korea’s fried chicken brands fly high on food delivery boom
Once derided as a tomb for the self-employed due to cut-throat competition, fried chicken franchises in South Korea have emerged as a main beneficiar...
Dec 30, 2020 (Gmt+09:00)
3 Min read -
Korean food
Korea's signature sauce gochujang goes global, riding on K-wave
South Korea’s food exports have surged on the back of Korean dramas, more popularly known as K-dramas, gaining global popularity particularly in...
Oct 19, 2020 (Gmt+09:00)
3 Min readlanguage
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