food prices

Daesang Welllife on Thursday said it has concluded a memorandum of understanding (MOU) with China Sinopharm International, an affiliate of China's l...

Kurly Inc., Dunamu Inc. and other major South Korean unlisted stocks plunged as the fallout on asset prices from rising interest rates extended into...

MBK Partners, a leading Asian private equity firm, is set to buy Medit Corp. at a lower price than a bid from the US PE giant The Carlyle Group-led ...

The self-driving robot Dilly Tower of Woowa Brothers Corp., the operator of Korea’s top food delivery app Baedal Minjok, commonly known as Bae...

The plant-based food brand PlantTable of Korean food and biotech giant CJ CheilJedang Corp. has seen three million units in cumulative sales since i...

SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...

SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...

Nongshim Co., a South Korean food and instant noodle manufacturer, announced on Wednesday that it is slated to export a smart farm system to Oman, a...

South Korean food giant CJ CheilJedang Corp. said on Tuesday it is operating a Korean food section within the Qatar World Cup’s fan zone, mana...

CJ CheilJedang Corp. announced Wednesday it has changed the name of its line of porridge products from Bibigo Jook to Hetbahn Soft Meal. CJ Het...

The global semiconductor industry has been plagued by a chip shortage for a couple of years with automakers and other manufacturers struggling to se...

South Korea's food giant Pulmuone on Monday said it will boost production of pasta-based convenience food in China by expanding its first plant in P...

CJ CheilJedang, following an organizational reshuffle, will focus on the development of future food such as food ingredients and alternative protein...

​​​​​​​The price of manufactured food has been surging in recent months, beginning with ready-made rice, instant noodles, and snacks. This week...

South Korean food tech startup Intake Corp. sells a wide range of meat alternatives, such as plant-based egg substitutes and vegan burger patties.&n...

KT Corp., a major South Korean telecom operator, has teamed up with another local company to expand its digital healthcare business in Vietnam furth...

Indonesia was the destination for Lotte Group Chairman Shin Dong-bin’s first overseas business trip in August, after being granted a special p...

Korea's pet food market is getting more sophisticated, with brands appearing whose products are even more expensive than food for humans despite hav...

South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...

South Korea's SK Chemicals on Tuesday said it has joined forces with Poolinglim P&P to make the nation's first food containers using chemically ...

SK Hynix Inc., the world’s second-largest memory chipmaker, is aiming to secure market dominance for a next-generation DRAM chip called DDR5 b...

Foreign investors have returned to the South Korean market, snapping up chip industry leaders such as Samsung Electronics Co. and SK Hynix Inc. for ...

GS Caltex Corp. Chief Executive Hur Sae-hong said on Monday he expects global oil prices, which remain elevated due to geopolitical tensions, won&rs...

South Korea’s central bank on Wednesday delivered its second 50-basis-point policy interest rate hike as the ailing won currency adds to infla...

South Korea’s online portal giant Naver Corp. is poised to hire an investor relations (IR) executive whose chief responsibility will be to com...

South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...

South Korean private equity firm Hahn & Company is set to put a 100% stake in biofuel manufacturer SK Eco Prime on sale, with Goldman Sachs as a...

South Korea’s airlines, already slammed by a weaker won currency and rising interest rates, are expected to suffer more from global major oil ...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, is forecast to have turned to the black for the firs...

Eco-friendly cars such as electric vehicles and hybrids have increased their share in South Korea's used car market, together accounting for 36% of ...