Ministry of Agriculture Food and Rural Affairs
Scope
Date
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Bio & Pharma
Corentec enters Japanese artificial joint market
Corentec Co., a South Korean company that develops artificial joints and spinal implants, is making a full-fledged entry into the Japanese market. T...
Jul 18, 2023 (Gmt+09:00)
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Korean food
Nongshim, the ‘Parasite’ food maker, aims big in US
Nongshim Co., South Korea’s largest instant noodle maker, is a beneficiary of the success of the Oscar-winning film Parasite as well as the ou...
Jul 14, 2023 (Gmt+09:00)
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Petrochemicals
S.Korea’s petrochemical players boost plastic container recycling
South Korea's major petrochemical companies have entered the sector for 100% recycled plastic containers through cooperation with food and cosmetics...
Jul 12, 2023 (Gmt+09:00)
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Corporate strategy
CJ CheilJedang simplifies organizational structure in global push
CJ CheilJedang Corp., the South Korean food giant with more than 200 operations worldwide, has streamlined its organizational structure to facilitat...
Jul 10, 2023 (Gmt+09:00)
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Retail
S.Korea's E-mart24 opens 3rd branch in Singapore
South Korea’s convenience store chain E-mart24 has opened its third store in Singapore featuring the city-state's hawker culture, aiming for l...
Jul 06, 2023 (Gmt+09:00)
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Webtoons
Naver Webtoon promotes K-ramen in Bangkok via pop-up store
South Korea's Naver Webtoon, along with major domestic players in the food industry, on Tuesday said it joined in Bangkok, Thailand, Boggle Boggle K...
Jul 04, 2023 (Gmt+09:00)
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E-commerce
Coupang taps former Trump aide for political relations
South Korean e-commerce giant Coupang Inc. hired a top aide of former US President Donald Trump to expand its political network in Washington and se...
Jul 04, 2023 (Gmt+09:00)
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Business & Politics
Samyang Foods Group rebrands as Samyang Roundsquare
South Korea's food-oriented Samyang Foods Group said on Monday it rebranded the group and the holding company Samyang Naturals Co.'s name as Samyang...
Jul 03, 2023 (Gmt+09:00)
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Electric vehicles
S.Korea's NongHyup advances into EV charging
South Korea's National Agricultural Cooperative Federation (NongHyup), with over 9,000-plus offline bases nationwide, has entered the electric vehic...
Jul 03, 2023 (Gmt+09:00)
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Korean food
Innocean opens K-ramen pop-up store in Bangkok
Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that it has opened a South Korean ramen pop-up store in Bangko...
Jun 28, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's Samyang Foods promotes Buldak Ramen in Hanoi
Samyang Foods Co., South Korea's leading food manufacturer, announced on Friday that it opened a promotional booth at the "K-Food Festival" held at ...
Jun 23, 2023 (Gmt+09:00)
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Travel & Leisure
Yanolja looks to triple foreign visitors to Korea with K-culture tours
South Korea’s top travel and accommodation platform Yanolja Co. aims to nearly treble the number of foreign tourists to the country through it...
Jun 20, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's Daesang acquires US food company Lucky Foods
Daesang Corporation, a South Korean manufacturer of food and pharmaceutical ingredients, announced on Monday that it has acquired the US food compan...
Jun 19, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korean gov't, L'Oréal to jointly support beauty tech startups
South Korean Ministry of SMEs and Startups has joined forces with the L'Oréal Group to provide support for beauty tech startups.During the Vi...
Jun 16, 2023 (Gmt+09:00)
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Artificial intelligence
KT's dietary management solution passes AI quality test
A South Korean artificial intelligence (AI) solution that analyzes and presents information on the type and nutritional content of food after a us...
Jun 15, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai to supply 1,300 hydrogen buses in Seoul by 2026
Hyundai Motor Co., along with South Korean Ministry of Environment, the Seoul Metropolitan Government, SK E&S and Tmap Mobility, signed a memora...
Jun 07, 2023 (Gmt+09:00)
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Robotics
Doosan Bobcat invests in US-based agtech company
Doosan Bobcat, the construction and agricultural machine making affiliate of South Korea’s Doosan Group, has announced on Wednesday a str...
Jun 07, 2023 (Gmt+09:00)
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Economy
S.Korea's trade deficit hits 15th straight month
South Korea last month suffered its 15th straight month of trade deficit, its longest streak since the 1997-98 Asian financial crisis, due to the de...
Jun 02, 2023 (Gmt+09:00)
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Economy
S.Korea mulls adding national pension benefits to raise birth rate
South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...
May 31, 2023 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang releases Buddhist temple-style vegan dumplings
South Korean food giant CJ CheilJedang Corp. has rolled out Buddhist temple-style dumplings without meat and the five vegetables banned in Buddhism ...
May 26, 2023 (Gmt+09:00)
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Corporate investment
CJ dreams to build new kingdom in US with massive investment
CJ Group, a major South Korean conglomerate with a wide range of businesses spanning everything from food to bio, livestock feed, logistics, enterta...
May 25, 2023 (Gmt+09:00)
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Bio & Pharma
Cellid applies for Phase 3 clinical trials in S.Korea for COVID-19 vaccine
South Korean bio-venture Cellid Co. announced on Tuesday that it has applied for the clinical Phase 3 trial of the COVID-19 Omicron variant-specific...
May 23, 2023 (Gmt+09:00)
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Pension funds
Korea's NPS maintains good grade despite heavy losses: finance ministry
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion) in assets as of end...
May 23, 2023 (Gmt+09:00)
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Capital raising
CJ Bioscience conducts paid-in capital increase of $50 mn
South Korea's CJ Bioscience Inc., a pharmaceutical company specializing in intestinal microorganisms called microbiomes, will conduct a paid-in capi...
May 23, 2023 (Gmt+09:00)
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Korean food
S.Korea’s popular donut brand Knotted to enter US market
South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced on Wednesday a strategic plan called "New GFFG 2.0." The plan aims to...
May 17, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea to launch first cyber office for small, medium businesses
South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) ...
May 16, 2023 (Gmt+09:00)
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Petrochemicals
SK Chemicals, Comex jointly develop eco-friendly food storage containers
South Korea's SK Chemicals announced on Monday the launch of "Eco Clear," an airtight container developed in collaboration with Comex Industrial Co....
May 15, 2023 (Gmt+09:00)
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Korean food
CJ CheilJedang plans to globalize Korean street food
South Korea's food giant CJ CheilJedang Corp. is set to launch a range of Korean street food as new products, aiming for global expansion. The compa...
May 15, 2023 (Gmt+09:00)
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Korean food
K-beef targets global halal market through exports to Malaysia
Korean beef is making its entry into the global halal food market, starting with Malaysia. South Korean Ministry of Agriculture, Food and Rural Affa...
May 10, 2023 (Gmt+09:00)
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Earnings
Coupang reports third profitable quarter in a row
South Korea’s Coupang Inc. on Wednesday reported three quarters of consecutive profits, calming investors' concerns about its cumulative ...
May 10, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet