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Reporter : Kim Jae-heun
Tue, May 30, 2023 | 16:02
Ottogi lowers prices of instant noodles despite soaring costs
Ottogi has decided to cut the price of its dry instant noodle product Jinjja Jjolmyeon ahead of the summer's peak season, surprising many food industry officials, as all other instant noodle makers have hiked their respective prices, according to company officials Monday.
Online used goods trading declines amid economic downturn
A 32-year-old office worker in Seoul surnamed Han has stopped using Daangn Market citing that many used items that are in good condition are often too pricey and the ones that are cheap are useless.
Retail firms prepare to greet Southeast Asian tourists
Local retailers are busy preparing for foreign tourists who are expected to visit in large numbers this April as the COVID-19 pandemic subsides and travelers return around the globe. This month, in particular, will see several big holidays such as “Songkran,” the Thai New Year in Thailand and Good Friday in the Philippines, thereby offering travelers from Southeast Asia the o...
Hitejinro unveils new lager to challenge OB
Hitejinro, a major local brewer, has launched a new lager called Kelly as part of efforts to regain its No. 1 status from its rival Oriental Brewery (OB), according to company officials Thursday. Kelly is Hitejinro's first new product since 2019 when it introduced Terra, another lager.
Canadians sample SPC's bagels
SPC Group CEO Hur Jin-soo, left, poses for a photo with Chargee d'Affaires of Canada to Korea Tamara Mawhinney, center, and Cereals Canada CEO Dean Dias, during Paris Baguette's invitational event offering bagels made with Canadian wheat in Seoul, Thursday. Paris Baguette invited the ambassador and officials from the Canadian Embassy in Korea to try its new “double chewy bage...
Starbucks Korea CEO meets store staff
Starbucks Korea CEO Son Jung-hyun, fourth from right in the front row, poses with store personnel at the company's headquarters in Seoul, on March 28. The coffee house chain plans to further strengthen communication with its employees through the Starbucks Discovery Program, which provides them a chance to meet with the CEO and visit the company's headquarters as well as othe...
GoldenBlue to sue Carlsberg over terminated contract
GoldenBlue will file a lawsuit against Carlsberg for its unilateral termination of a distribution contract, seeking financial compensation from the beer that has a royal warrant of appointment, Korea's largest local liquor company said Wednesday. The firm also plans to visit the Embassy of Denmark in Korea to protest Carlsberg's “unfair” business practices and file a complain...
'Portability was key factor in designing glo Hyper X2': BAT's head designer
Portability was what Ken Kim, a group head of design at British American Tobacco (BAT) Rothman, had focused the most on when he was designing the company's latest tobacco heating product glo Hyper X2, the designer said during a video interview, Tuesday. The head designer met with reporters online to share his design philosophy and the stories behind the development of glo Hyp...
CJ CheilJedang sees chicken as next big seller after frozen dumpling
CJ CheilJedang, Korea's largest food company by sales, is considering chicken as its next strategic product to succeed its popular frozen dumplings, which helped its Bibigo brand's global sales surpass 1 trillion won ($768.3 million) in 2022, company officials said Monday.
Hitejinro catching up with top-ranked OB in beer market
Oriental Brewery (OB), Korea's leading brewer, faces increasing competition in the domestic beer market from long-time rival HiteJinro, which has been catching up quickly due to soaring sales of its popular lager beer, Terra, at restaurants, bars and nightclubs, according to industry officials Monday.
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