Most Popular
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Inflation eases in April, continues bumpy ride
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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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Seoul alerts overseas missions to NK terror threats
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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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Public backlash against division of Gyeonggi Province under 'corny' name
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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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Popularity of S. Korea as tourist destination grows for 6th year in a row: poll
A government poll showed Monday that the global popularity of South Korea as a tourist destination increased for the sixth consecutive year in 2019, thanks to the promotional effects of the country's globally loved cultural content sector. According to the 2019 poll on the effect of tourism marketing, released by the Ministry of Culture, Sports and Tourism and the Korea Tourism Organization (KTO), the level of foreigners' recognition of South Korea as a tourist destination rose by 1.1 percent
April 13, 2020
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Duty free giants withdraw from Incheon airport first time
Duty-free operators, including local No. 1 Lotte Duty Free and runner-up Shilla Duty Free, have given up their preferred bidder positions for operation licenses at Incheon Airport, amid the ongoing tug-of-war between the companies and airport over rental fees. It is the first time for the conglomerates to withdraw from signing operation contracts due to rental prices, according to industry sources Friday. Incheon International Airport Corp. announced the preferred bidders to operate eight ai
April 10, 2020
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Fila Korea collaborates with BTS to launch Love Yourself Collection
Fila Korea said Thursday that it had collaborated with BTS to launch the Love Yourself Collection -- 12 new items of clothing and shoes celebrating the K-pop boy group’s hit album. The FILA X BTS Love Yourself Collection is inspired by the artwork and graphic elements in the music videos for BTS hits “DNA” and “Idol,” released respectively in 2017 and 2018, the company said. According to the South Korean sportswear brand, the FILA X BTS Love Yourself Collection
April 9, 2020
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Over 10m use McDonald’s drive-thru platform in Q1
McDonald’s Korea said Thursday more than 10 million cars made orders from McDrive, its drive-thru platform, in the first quarter of this year, surging sharply amid the COVID-19 outbreak. According to the burger chain, March saw the highest number of users for the drive-thru service, and sales went up by 30 percent on-year. The average value per order also rose by 15 percent. As people avoid face-to-face transactions with the social distancing trend, the burger chain said about 60 percen
April 9, 2020
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Sunscreen sales on the rise, despite face masks
With the weather warming up in South Korea, sunscreen sales are on the rise -- despite the “new normal” of wearing face masks due to the COVID-19 outbreak, industry sources said Tuesday. According to CJ Olive Young, a health and beauty store chain here, sales of sunblock jumped 81 percent from March 30 to Sunday, compared with the same period a month earlier (March 2 to 8). Among them, organic or carbon-based sunscreen products were the most popular, witnessing a 132 percent incre
April 8, 2020
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[Graphic News] Retail sales up 9.1% in Feb. amid virus pandemic
Retail sales in South Korea rose 9.1 percent in February from a year earlier as more people purchased daily necessities through online platforms amid the spread of the new coronavirus here, data showed. The combined sales of 26 major offline and online retailers reached 10.6 trillion won ($8.68 billion) last month, compared with 9.71 trillion won a year earlier, according to data compiled by the Ministry of Trade, Industry and Energy. The sharp increase came as online stores enjoyed a w
April 7, 2020
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[Newsmaker] From drive-thru markets to flower challenges, virus-hit businesses go creative
Small businesses and local governments in South Korea are testing out creative ideas as they seek to overcome a slump stemming from the new coronavirus that has infected more than 10,000 here. In the southern cities of Gimhae and Seosan, farmers have set up drive-thru markets to sell vegetables and fruit, taking a cue from the government's successful drive-thru virus screening centers. A package of 11 kinds of vegetables is being sold for 20,000 won (A social media challenge aimed at helping
April 7, 2020
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Homeplus exports toilet paper to Singapore
South Korean hypermarket chain Homeplus said Monday it was exporting toilet paper to Singapore, which has a shortage of daily necessities as its trade partners close borders amid the COVID-19 outbreak. According to the company, it is selling 2,000 packs of its private brand product Simplus toilet paper and facial tissues to Qoo10, a Singapore-based e-commerce firm. The products departed from Busan Port for delivery to Singapore on Monday. The two types of Simplus products are to be sold on
April 6, 2020
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P&G rolls out new fabric softener Downy Spring Garden
P&G rolled out Downy Spring Garden on Monday, a new product of its fabric softener Downy Botanis Perfume collection. Downy Spring Garden boasts the delicate scent of spring, allowing customers to enjoy a spring garden from inside their homes, the company said. The product boasts a relatively gentle fragrance and is highly concentrated so users can put in a third of the normal amount for the same effect as its other fabric softeners, the company said. “Downy Botanis Perfume Colle
April 6, 2020
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Starbucks Korea to limit seating in social distancing efforts
Starbucks Korea said Monday that it will limit seating at its outlets across the country, joining a nationwide social distancing campaign amid the novel coronavirus outbreak. The coffee chain said tables and chairs will be placed between one and 1 1/2 meters apart to keep customers at a distance from one another. Starbucks has already adopted such a system at some of its outlets in Daegu and the surrounding North Gyeongsang Province, the epicenters of the COVID-19 outbreak here. "Socia
April 6, 2020
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Korea lifts ban on online liquor sales
As of Friday, South Korean consumers can freely order alcoholic drinks online and pay via internet or with a mobile app. With a ban on online purchases of liquor lifted, convenience stores and hypermarket chains stand to benefit, according to the industry. Changes to the Liquor Tax Act came into effect Friday allowing retailers, including restaurants, hypermarkets and convenience stores, to sell alcoholic beverages on mobile apps and on the internet. But delivery is still banned, so custome
April 6, 2020
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Amorepacific launches eye shadow palette for men
Amorepacific’s male cosmetics brand BeREADY said Thursday it has launched a new eye shadow palette for men. BeREADY, which was introduced last year, said it rolled out the Mood Up Shadow Eye Palette, the first eye palette product in the market to be developed for men. The brand said the range of cosmetics used by men are expanding from skin base creams to color items. The four colors of the eye palette are chosen based on how well they blend and can also be used for facial contouring,
April 2, 2020
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Pengsoo creates hit for retailers
Pengsoo, a popular costumed penguin character from educational television network EBS, is sweeping the local retail market, with sales rocketing. GS25, a convenience store chain here, said Thursday its collaboration products with Pengsoo is hitting record sales. GS25 rolled out four Pengsoo-themed fresh food items, including tuna sandwich and gimbab (seaweed rice-roll), two umbrellas and four socks on March 27. Over 200,000 orders were made from its convenience stores on the first day of la
April 2, 2020
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Pulmuone rolls out sliced kimchi packs for small households
Pulmuone, a fresh food company, said Thursday it has launched two portion packs of Pulmuone Sliced Kimchi for small households, reflecting the increasing number of single and two-person households. The pack comes in two sizes -- 400 and 600 grams. While kimchi products are usually composed of 3 to 10 kilogram packs, Pulmuone said its small portion kimchi will fit the needs of small households. According to Statistics Korea, single and two-person households accounted for 57 percent of the pop
April 2, 2020
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High-end restaurants opt for drive-thru service
With social distancing becoming daily routine for people here in the wake of the COVID-19 outbreak, fancy restaurants are turning to drive-thru services, according to industry sources Tuesday. Samwon Garden, a decades-old local Korean food restaurant established in 1976, said it started a “driving pickup” service from Friday, in which customers can pick up meals ordered in advance from their cars. The restaurant offers discounts for all customers, selling short ribs menu items at
April 1, 2020
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[Photo News] Ediya opens Dream Factory
Ediya Coffee Chairman Moon Chang-ki (far right) turns on a roasting machine at Ediya Dream Factory in Pyeongtaek, Gyeonggi Province, on Tuesday. The factory that spans 12,982 square meters, with 40 billion won investment, is equipped with new coffee roasting technologies. Ediya, which has 3,000 franchisees nationwide, said with the opening of the roasting factory and a logistics facility, it has automated all four processes of selecting, roasting and packaging coffee products. (herim@he
April 1, 2020
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Binggrae takes over Haitai Icecream
Korean food and beverage giant Binggrae said Wednesday it has acquired Haitai Icecream, a subsidiary of Haitai Confectionery & Food, for 140 billion won ($115 million). The exact date of the acquisition will be fixed after details are sorted out. Haitai Confectionery & Food began its ice cream business in 1970 by rolling out Bravo Cone. In January, it was spun off as a separate entity. Following the acquisition, Binggrae is likely to become No. 1 in the confectionery industry, with
April 1, 2020
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Coupang spins off fintech business
South Korea’s leading e-commerece platform Coupang announced Tuesday that it has decided to spin off its fintech business currently operating its payment service. It has established a fintech subsidiary named Coupang Pay on Wednesday, and will start offering payment services within the first half of this year. The move is aimed to offer the services to a broader base of customers with renewed focus on enhancing user experience, the company said. The spinoff is led by Kyung In-tae, Cou
April 1, 2020
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Woowa Brothers to sue scammers posting fake food reviews
Woowa Brothers, operator of the country’s leading food delivery app Baedal Minjok, said Monday it will file police complaints against businesses that posted fake food reviews on its app, after being paid. According to the company, the firms received about 5,000 won ($4) to 10,000 won for posting positive reviews registered on Baedal Minjok. For instance, they would be paid about 23,000 won to order one fried chicken that cost 18,000 won on the app, write a positive review, and gain 5,000
March 30, 2020
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Retail sales up 9.1% in Feb. amid virus pandemic
Retail sales in South Korea rose 9.1 percent in February from a year earlier as more people purchased daily necessities through online platforms amid the spread of the new coronavirus here, data showed Monday. The combined sales of 26 major offline and online retailers reached 10.6 trillion won ($8.68 billion) last month, compared with 9.71 trillion won a year earlier, according to the data compiled by the Ministry of Trade, Industry and Energy. The sharp increase came as online stores enjoyed
March 30, 2020