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Biz & Tech

Retail & Food

Fri, October 2, 2020 | 05:36

FTC's new fair trade law aims to curb Naver, Kakao, Woowa Brothers

FTC's new fair trade law aims to curb Naver, Kakao, Woowa Brothers

The top antitrust watchdog on Monday revealed its new proposed bill that aims to prevent local online platform operators from abusing their power in the market. As many people begin to order food and groceries online, the hierarchical market structure has put platform operators on top of small and medium enterprises carrying out business there.

2020-09-28 17:52

KGC red ginseng cosmetics Donginbi advances onto Amazon

KGC red ginseng cosmetics Donginbi advances onto Amazon

Korea Ginseng Corporation's (KGC) red ginseng cosmetics brand Donginbi has opened a brand store in Amazon, the world's largest online shopping mall, the state-run corporation said Monday.

2020-09-28 17:01

Busy market

Crowds of customers observe the products on offer at the Namchon Agricultural Products Wholesale Market, Incheon, Monday, ahead of the Chuseok holiday. Yonhap

2020-09-28 16:59

Shake Shack introduces Gochujang menu items in Korea only

Shake Shack introduces Gochujang menu items in Korea only

American fast casual restaurant chain Shake Shack will introduce a new Gochujang Chicken Shack burger today exclusively for Korea, local operator SPC Group said Monday. The special new burgers were invented by Shake Shack culinary director Mark Rosati, who was inspired by traditional Korean food when he visited Seoul.

2020-09-28 16:56

Samyang Foods launches new kimchi-flavored Buldak spicy noodles

Samyang Foods launches new kimchi-flavored Buldak spicy noodles

Samyang Foods is expanding its popular hot spicy chicken flavored stir-fried instant noodle to meet the tastes of more consumers who want to try different varieties of the so-called “fire noodle,” the company said Sunday.

2020-09-27 17:48

No tomatoes in McDonald's, Burger King burgers

No tomatoes in McDonald's, Burger King burgers

Burgers from fast food brands here, including McDonald's and Burger King, will be served without tomato slices for an undetermined period due to a shortage of supply here. This summer the country went through the longest rainy season in Korea's history, and a number of typhoons hit the peninsula, making it almost impossible for farmers to harvest enough tomatoes.

2020-09-25 17:14

Mango seeks to make new leap with local venture company

Mango seeks to make new leap with local venture company

Spanish clothing design and manufacturing company Mango is seeking to make a new start here with a local venture firm by adopting new strategies of localization and digitalization. Mango has local retail partners around the world and they are mostly large companies. In Korea, Li&Fung and Samsung C&T import and sell the Spanish brand's apparel.

2020-09-24 17:28

Dongwon offers canned tuna, ham for Chuseok gift set

Dongwon offers canned tuna, ham for Chuseok gift set

Dongwon Food & Beverage (Dongwon F&B), led by CEO Kim Jae-ok, offers 200 types of gift sets for the Chuseok holiday next week. The gift sets include the company's best-selling canned tuna Dongwon Chamchi and canned meat product Richam, which contains selenium and other nutrients.

2020-09-24 17:27

Lotte to help business partners ahead of Chuseok

Lotte to help business partners ahead of Chuseok

Lotte Group said it will pay 600 billion won for goods received early to help its business partners manage their finances ahead of the Chuseok holiday next week. The decision comes as the COVID-19 pandemic has brought considerable economic suffering to small- and medium-sized enterprises here that are facing difficulties paying salaries and bonuses to their employees.

2020-09-24 17:25

Korea's wine imports gain 9.5% this year on virus impact

Korea's wine imports gain 9.5% this year on virus impact

South Korea's wine imports rose more than 9 percent in the first eight months of the year as more people enjoyed drinking at home and alone due to the coronavirus outbreak, data showed Thursday. South Korea imported US$189 million worth of wines in the January-August period, up 9.5 percent from a year earlier, according to the data from the Korea International Trade Associati...

2020-09-24 09:40

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