Ministry of Agriculture Food and Rural Affairs

South Korea's Lotte Confectionery Co. has invested around 10 billion won ($8 million) in Canada’s edible insect protein producer Aspire Food G...

Convenience stores are hotbeds for South Korean IT companies to test their artificial intelligence (AI) technology.That is because the establishment...

Korean food is all about ingredients, which alongside various fermentation techniques, have made kimchi a global side dish enjoyed not just as centr...

WASHINGTON D.C. – Samsung Electronics Co. has hired Mark Lippert, former US ambassador to South Korea, as an executive in charge of corporate ...

South Korea’s food data analysis firm Nuvilab, Inc. is not a household name – at least yet. The startup is rather familiar to investors...

LG Group plans to invest 25 billion won ($21 million) in California-based plant-based food maker Eat Just, Inc. The news follows an announcement by ...

South Korea is preparing measures to secure coal as Indonesia, the world’s largest supplier of thermal coal, banned exports of the commodity t...

South Korea's largest supermarket chain E-Mart Inc. has spent nearly $4 billion on acquisition deals so far this year, including the $3 billion purc...

Korean investment firm SK Square Co. Ltd. has invested approximately 35 billion won ($29.5 million) into homegrown agriculture tech startup Greeln...

Motional Inc., a US mobility joint venture between Hyundai Motor Co. and Aptiv PLC, has teamed up with Uber Technologies Inc. to provide an autonomo...

Kimchi exports hit record high Kimchi, Korea’s traditional fermented food, is raising its status in the global food market. Korea exported $1...

South Korea's brokerage companies are jumping into the outsourced chief investment officer (OCIO) market, outmaneuvering asset management firms, as ...

Mirae Asset Global Investment Co., South Korea’s leading asset manager, has participated in a $260 million Series B funding for Jokr, a New ...

South Korea’s major food company Pulmuone. Co. is slated to expand sales of its in-house developed meat alternatives in the US market. The foo...

South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. as well as entertainment gia...

WASHINGTON D.C. – South Korea’s major business conglomerates are heading to Washington D.C. to run offices handling regulatory and gover...

The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...

SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...

The COVID-19 pandemic has been particularly hard on the hotel industry, exposing it as one of the most vulnerable to the crisis amid the global lock...

Korea Ginseng Corporation (KGC), a wholly-owned subsidiary of KT&G Corporation, has set up its first interactive cafe in the global market where...

Despite the global pandemic, exports of processed rice goods hit an all-time high at $137.6 million in 2020, up by 26.9% compared to the previous ...

South Korea's food giant CJ Cheiljedang Corp. posted record-high earnings in the second quarter of this year, breaking its own record from the first...

Samsung Group leader Jay Y. Lee will be released on parole on Friday after having been imprisoned since January of this year on charges of bribery a...

A good old-fashioned, home-cooked meal is becoming a thing of the past in Korean households, with a wide range of home meal replacements (HMRs) an...

With the recent spike in daily new Covid-19 cases, it’s a good time to review the great delivery options that are available in Korea. Delivery...

SK Inc., the investment arm of South Korea's SK Group, will launch a 100 billion won ($90 million) fund jointly with Joyvio Group, a unit of Chinese...

Shinsegae Group and Naver Corp. have jointly devised their first retail business model in about four months after their long-term business agreement...

Woowa Brothers Corp., South Korea’s top food delivery app operator, has launched a last-mile indoor robot food delivery service, as people inc...

South Korea’s major convenience store chains are rushing to enter the Malaysian market. E-Mart 24, the convenience chain operated by Shinsegae...

South Korea's e-commerce giant Coupang Corp. is ready to take over the food delivery market via aggressive investments -- a move that is pressuring ...