KT&G refuses activist funds' call for ginseng biz spinoff

KT&G Corp., the world’s fifth-largest tobacco maker, on Thursday refused activist funds' requests to spin off and list its ginseng unit wh...
KT&G Corp., the world’s fifth-largest tobacco maker, on Thursday refused activist funds' requests to spin off and list its ginseng unit wh...
South Korea’s leading probiotic drink maker hy Co. is seeking to expand its health functional food business into the global market as demand f...
Kyochon F&B, the company operating Kyochon Chicken, said on Friday that it has signed a memorandum of understanding for a master franchise agree...
South Korea's SPC Group on Wednesday said it has developed an app for an integrated safety inspection system using information and communications te...
South Korean food giant CJ CheilJedang Corp. is slated to increase food manufacturing facilities globally and launch businesses in Australia, Canada...
South Korea's health functional foods company Novarex and cosmetics company Riiman Korea met to promote the health-functional foods business togethe...
Oasis Corp., which operates the early morning food delivery platform "Oasis Market," said it passed the eligibility review for listing at Kosdaq mar...
Despite the global popularity of Korean food, a poll says the cuisine has a long way to go in seeing development as a business sector.The Korea Comm...
South Korea’s largest supermarket chain E-Mart Inc. has become the first Korean company that has launched a convenience store in Singapore.The...
Lotte Mart said on Thursday that it would open its 50th store in Serpong, Indonesia. The store is 4,628 square meters, with more than 80% of the tot...
Woowa Youths, an affiliate of Woowa Brothers, the parent company of South Korea's top food delivery app Baedal Minjok, on Monday announced its visio...
The Korean government by 2027 seeks to develop 30 food tech unicorns and boost exports in this sector to $2 billion through stronger support for the...
Pulmuone USA, a US unit of South Korea's Pulmuone, said on Tuesday that it has entered into contractual relations with 18 US universities on both co...
Lotte GRS, the food affiliate of Lotte Group, said on Thursday that it opened its third Lotteria restaurant in Ulaanbaatar, Mongolia, last Friday.Lo...
South Korean food giant CJ CheilJedang Corp. is considering a new name for the company in a bid to represent its main businesses and target global c...
Exports of kimchi to the United States increased steadily to reach a record high of $26.7 million worth of the fermented dish between January and No...
Korea's exports of agricultural and food products in the first 11 months of this year hit a record high.The Ministry of Agriculture, Food and Rural ...
Daesang Welllife on Thursday said it has concluded a memorandum of understanding (MOU) with China Sinopharm International, an affiliate of China's l...
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 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...
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...