Most Popular
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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S. Korean children, teens grow taller, mature faster than before: study
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Some junior doctors are returning: Health Ministry
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Army takes group action against Hybe for neglecting BTS
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[Robert J. Fouser] AI changes rationale for learning languages
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Woman dangling from power lines rescued by residents holding blanket
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Naver Q1 net income soars 1,171.9% on growth of major businesses
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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Victorinox offers special gift items for Chuseok
For the upcoming Chuseok holidays, Victorinox suggested special gift items that satisfy both in style and quality, including its iconic army knife, swiss-made watch and backpack. Victorinox said its Altmont Professional Fliptop Laptop Backpack is perfect fit for office workers, with its iconic design appropriate in business settings, and with great storage capacity. The flagship product Victorinox Swiss Army Knife will make as a special gift, as it come in different sizes and has a wide rang
Sept. 20, 2020
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Consumers spend more on ready-meals, gift sets for Chuseok amid COVID-19
As the majority of Koreans plan to stay at home during the upcoming Chuseok holiday, ready-meals and unique pandemic-related gift sets are selling like hot cakes. Homeplus, a local supermarket chain, said it saw an 83 percent increase in online sales of refrigerated convenient meal products from Sept. 1 to 8, compared to the same period in the previous month. The sales figure is up 159 percent on-year. The retailer said people are buying more ready-meal products that they can conveniently h
Sept. 20, 2020
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Starbucks Coffee Korea prepares 2,030 tumblers to celebrate Youth Day
To celebrate the country’s first Youth Day, Starbucks Coffee Korea said it organized an online event to give out 2,030 tumblers to customers from Tuesday to Friday. The Youth Law implemented from August designates every third Saturday in September as Youth Day. The presidential decree has set Youth Day as a public anniversary to encourage and support the youth and also raise awareness on issues related to young people. This year the day falls on Saturday. Jointly with the Prime Minist
Sept. 15, 2020
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PRK launches new ad campaign for Jameson
Pernod Ricard Korea unveiled a series of new ads for its Jameson Irish Whiskey on Monday, featuring artists from various fields enjoying a whiskey highball. Each of the three ads features an artist enjoying whiskey in a different setting -- camping, a house party and a pub -- as part of the company’s “Why Jameson Highball?” campaign. The ads are posted on its social media platforms, including Instagram. The participating artists are Jackson Shim, J Black and Adoy. Pernod Ric
Sept. 14, 2020
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OB extends payment deadlines to help wholesalers amid pandemic
Oriental Brewery Company led by CEO Ben Verhaert has extended payment deadlines to help wholesalers and small business owners affected by a recent spike in coronavirus cases in Korea. Earlier this month, the largest beer maker in South Korea, which is owned by AB InBev, announced it has allowed alcohol wholesalers across the country to pay for its products at a later date or pay in installments as part of its efforts to ease the burden on businesses that have been battered by stricter social di
Sept. 13, 2020
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[Monitor] Over 10,000 restaurants in Seoul go out of business amid pandemic
With the prolonged COVID-19 pandemic, an increasing number of commercial facilities such as restaurants and PC rooms have shut down in Seoul, a survey by the Agency for Traditional Market Administration shared by Real Estate 114 showed. As of the second quarter of this year, the number in commercial districts dropped by 5.4 percent to 370,321 from 391,499 in the first quarter. By type of business, restaurants shut down the most, followed by retailers such as convenience stores and supermarket
Sept. 9, 2020
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Orders on food delivery apps break records amid pandemic
The total value of orders placed on food delivery apps in South Korea reached 1.2 trillion won in August, up 28 percent from July and setting a new monthly record, as the government introduced stricter social distancing regulations after COVID-19 cases rose again, according to data released by WiseApp Tuesday. Around 16 million people used the country‘s four biggest delivery apps -- Baedal Minjok, Yogiyo, Baedaltong and Foodfly -- during the month of August, the data showed. Users of Bae
Sept. 8, 2020
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Sales of food delivery app hit fresh high amid virus pandemic
South Korean food delivery applications saw their sales hit a fresh high in August as more people refrained from dining out and stayed home amid the stricter social distancing scheme, data showed Tuesday. The combined transactions made through the country's four major food delivery applications came to 1.2 trillion won ($1 billion) in August, up 28 percent from a month earlier, according to the industry tracker WiseApp. Sales from the four applications reached a whopping 7.6 trillion won over
Sept. 8, 2020
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[News Focus] Will bond between Starbucks and Shinsegae last?
Since the launch of its first store in Seattle in 1971, Starbucks Coffee has grown into an empire, making forays into more than 80 countries to operate some 30,000 stores across the globe. In South Korea, the coffee giant introduced its first store in front of Ewha Womans University in Seoul in 1999 in partnership with Shinsegae Group, a Korean retail conglomerate. Shinsegae initially acquired the operation license from Starbucks, and Shinsegae’s hypermart affiliate Emart and the coffe
Sept. 6, 2020
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Rice cooker that cuts glucose level by 51% released
WiniaDimchae on Thursday launched a new electronic rice cooker called DimchaeCook White Rice Sugar Reduction 50 Retro that can cut down the glucose level in white rice by 51 percent. The percentage is based on plain white rice, but whatever grain that goes in to this rice cooker comes out in a form that all weight-watchers will love, according to WiniaDimchae. WiniaDimchae launched a similar cooker called DimchaeCook White Rice Sugar Reduction 30 in November 2019, that could reduce the glucose
Sept. 3, 2020
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Olive Young to go public in 2022
Health and beauty store Olive Young said Thursday it was preparing to apply for an initial public offering in 2022. CEO Koo Chang-gun announced the decision on the company’s in-house communication app “Olive Lounge” on Wednesday where he said work to file for an IPO in 2022 would start next year, with plans to attract pre-IPO investment. “It is to secure assets to support the company’s future growth. But there won’t be any change to majority shareholder CJ
Sept. 3, 2020
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WeMakePrice to allow full refund on perishable goods
E-commerce firm WeMakePrice said Wednesday that grocery shoppers can now receive a full refund for perishable goods if the products are not up to their standards. The new initiative comes after the online retailer trialed a similar service last month for meat products and nuts, which the company says was met with a warm reception. Dissatisfied shoppers can now order meat, vegetables, fruits and seafood products that are quality assurance approved and request a full refund until the following
Sept. 2, 2020
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[Photo News] OB launches anti-drunk driving campaign
DRINK RESPONSIBLY -- Oriental Brewery CEO Ben Verhaert, who also goes by the Korean name Bae Ha-jun, attends an event to launch a campaign against drunk driving at a driver’s test site in southern Seoul, Wednesday. OB has teamed up with the Road Traffic Authority for the campaign.
Sept. 2, 2020
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[From the Scene] ‘We understand, but it’s life or death for us’
The owner of a 24-hour eatery in Mapo, Seoul, sat hopelessly in her near-empty kimchi stew restaurant, which on other days had bustled with customers around the clock. Lee, 50, said the “Level 2.5” social distancing rules had cut the number of customers in half, one day after they were imposed to curb a spike in COVID-19 infections. This includes a weeklong ban on food and drink consumption inside large chain cafes in Seoul and Gyeonggi Province and the forced closing of restaurant
Aug. 31, 2020
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Binggrae’s wellness-focused yogurt products gain popularity
Wellness-focused yougurt products by Binggrae are gaining popularity recently, amid rising demand from health-conscious consumers, according to the company on Sunday. Dairy food company Binggrae has introduced several yogurt brands to the Korean market, contributing to growing the market. Its flagship yogurt product Yoplait topped the local market in sales last year, selling about 360 million units and recording some 140 billion won ($119 million) in sales. Alongside the prominent Yopla
Aug. 30, 2020
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Retail sales up 4.4% in July on online sales of groceries amid pandemic
Retail sales in South Korea advanced 4.4 percent in July from a year earlier as online platforms have enjoyed a spike in demand for groceries and home appliances amid the new coronavirus pandemic, data showed Sunday. The combined sales of 26 major offline and online retailers reached 11.46 trillion won ($9.67 billion) last month, up from 10.98 trillion won a year earlier, according to the data compiled by the Ministry of Trade, Industry and Energy. Online platforms led the growth, with their
Aug. 30, 2020
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Ikea, Lego Group team up to roll out Bygglek series
Global furnishing company Ikea and Lego Group on Friday introduced a new collaboration project Bygglek, which combines the concept of play and storage. The two companies said they have teamed up to develop a solution to facilitate playing with the lego bricks at home while lessening the burden of cleaning up and organizing. Bygglek is a box-shaped storage closet with the lego studs, allowing children to play, exhibit their work inside, and also store them after playing, Ikea explained. &l
Aug. 28, 2020
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Coupang trials buy-now, pay-later service
E-commerce giant Coupang is trialing a buy-now, pay-later service. The new service is applied to products directly bought from and sold by Coupang, which are available for its next-day delivery service, Rocket Delivery, according to one official at the company, allowing users to purchase items on credit until the 15th of the following month. Up to 300,000 won ($253) in shopping items can be paid for later through the new service. It is currently being tested with a select few users, while an
Aug. 28, 2020
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Amorepacific publishes clinical study on blue light skin protection
In a world first, beauty and cosmetics conglomerate Amorepacific has developed a clinical evaluation method for blue light, the company said Thursday. The study by the firm’s research body, the Anti-Pollution Research Center, discovered that blue light -- high-energy light in the blue band with a wavelength between 380 and 500 nanometers in the visible spectrum -- can cause skin pigmentation at the point of 456 nanometers. After developing a clinical device that emits blue light, resear
Aug. 27, 2020
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Ikea’s sales in Korea grows 32.6% despite COVID-19
Ikea Korea said Tuesday it saw sales grow by over 30 percent in the fiscal year of 2020 following increased interest in home furnishing amid COVID-19. Holding an online press conference via Zoom, Ikea Korea Country Retail Manager Fredrik Johansson revealed that the home furnishing retailer recorded a turnover of 663.4 billion won in the fiscal year of 2020 (from September 2019 to August 2020), growing 32.6 percent on-year. During the period, the number of visitors to Ikea also increased. Th
Aug. 25, 2020