CJ Olive Young introduces Beauty Box filled with K-beauty products

South Korea's health and beauty store chain operator CJ Olive Young Co. announced on Thursday that it will introduce its K-beauty curation service c...

S. Korea's Orion sees brisk sales growth in Vietnam, Russia

South Korea's confectionary giant Orion Corp. has seen brisk sales growth this year, pushing out rival CJ CheilJedang Corp. to solidify its dominanc...

NongHyup opens office in Vietnam to strengthen K-food exports

South Korea's NongHyup, or the National Agricultural Cooperative Federation, announced on Wednesday that it has opened an office in Vietnam with pla...

Kurly seeks fresh funding at half its peak valuation

Kurly Inc., South Korea’s leading food delivery platform, has embarked on a new funding round to raise 100 billion won ($76 million) at about ...

Top Korean food delivery app posts record profits

Woowa Brothers Corp., the operator of South Korea’s top food delivery app, posted a record profit in 2022, which also marked its first profit ...

Drug instructions to be provided via QR codes, URLs in S.Korea

South Korea's the Ministry of Food and Drug Safety announced on Friday that it had revised the "Risk Management Plan (RMP) Guidelines" to allow for ...

CJ Haechandle Gochujang acquires Europe's V-Label

CJ CheilJedang Corp.'s flagship fermented food brand Haechandle Gochujang (hot pepper paste) is set to expand into the global market, backed by its ...

Lotte Shopping: Resurrected in Indonesia after death in China

JAKARTA – On a hot spring day in March, Lotte Mart’s Gandaria City Mall hypermarket was as bustling with shopping Indonesians as usual.I...

Piracy of S.Korean webtoon surges amid content boom

The South Korean industry of webtoons, or digital comics, has seen its original content illegally posted on foreign websites over the past few years...

SK Energy wins first place in K-BPI gas station sector in Korea

SK Energy, an energy and petrochemical unit of South Korea's SK Group, has won first place for 17 consecutive years in the gas station sector of the...

Lotte Confectionery to rebrand as Lotte Well Food

South Korea's Lotte Confectionery Co. will change its name to Lotte Well Food, effective April 1, according to an announcement made on Thursday. The...

Aekyung Chemical's coating resin wins certification from USDA

South Korean consumer goods company Aekyung Chemical Co. announced on Thursday that its plant-based oil coating resin has received certification fro...

S.Korea’s KCC develops AI-based color matching system

South Korea’s chemical and auto parts maker KCC Corp. on Monday said it developed the K-Smart system of using an artificial intelligence (AI)-...

Korea's LifeSemantics establishes health functional food subsidiary

Digital healthcare company LifeSemantics Co. has entered the health functional food business by creating a new subsidiary, NutraSemantics. The South...

S.Korea's Harim launches street food brand Melting Piece

South Korea's leading poultry processing firm, Harim Co., announced on Thursday the launch of its new street food brand, Melting Piece, in response ...

Lotte Mart unveils integrated private brand Good Today

South Korea's hypermarket Lotte Mart on Wednesday announced the debut of its integrated private brand (PB) Good Today under its plan to conduct focu...

CJ Group adopts AI-based copywriter for producing marketing content

South Korea's CJ Group on Tuesday said it will develop and run a personalized artificial intelligence (AI) copywriter that automatically produces ma...

CGBio opens cosmetic surgery clinic in Bali using bio-medical tech

CGBio, a South Korean bio-renewable medical company, announced on Monday that it opened a medical esthetic clinic, called Nulook, in Bali, Indonesia...

S.Korea's Krafton, Naver to set up JV for metaverse services in H1

Krafton Inc., a leading game developer in South Korea, is slated to establish a joint venture with Naver Z Corp., a metaverse unit of the country&rs...

KT launches open beta version of metaverse platform Genieverse

South Korea's KT Corp. announced on Monday the launch of an open beta version of its business-to-consumer (B2C) metaverse platform, "Genieverse."The...

Nongshim lands deal to export smart farms to Saudi Arabia

South Korea's food and beverage giant Nongshim Co. will export smart farms to Saudi Arabia, following a similar deal with the United Arab Emirates (...

H2O Hospitality signs MOU with Ministry of Investment of Saudi Arabia

H2O Hospitality Ltd., a South Korean company specializing in digital transformation in the hospitality and leisure industries, announced on Monday t...

Pulmuone looks to enter US plant-based convenience food market

Pulmuone, a leading South Korean producer of plant-based foods such as tofu and bean sprouts, is trying to expand the K-food territory in the global...

S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech

South Korea's SK Ecoplant Co. and POSCO on Wednesday said they secured basic design certification from the Norwegian classification body DNV for "K-...

Korea's Indent Corp. raises $8 mn for AI-based video review marketing

Indent Corporation, a South Korean startup that operates an AI-based video review marketing solution called VReview, announced on Tuesday that it ha...

KTO promotes travel to Korea in ITB Berlin

The Korea Tourism Organization announced on Monday its participation in ITB Berlin 2023, the world's largest tourism fair held in Berlin, Germany, f...

Dongsuh Foods applies green certification package to products

South Korea's food processing company Dongsuh Foods Corporation announced on Monday the launch of new green technology-certified packaging.This gree...

CJ CheilJedang opens internal venture development space Inno Play

South Korea's food and bio giant CJ CheilJedang Corp. on Sunday said it opened Inno Play, an office space for commercializing innovative ideas and d...

S.Korea needs bold investment to keep K-chip supremacy: SNU scholar

The South Korean government and the private sector must commit to more generous and comprehensive support for the country's memory chip industry if ...

S.Korea's K Bank posts highest net profit in 2022

K Bank, a South Korean Internet-only bank, reported a net profit of 83.6 billion won ($63.6 million) in 2022, which nearly quadrupled compared to th...