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Thu, March 23, 2023 | 11:44
CJ CheilJedang, Korea University to nurture talent in food, bio industries
CJ CheilJedang said Friday it has signed a memorandum of understanding with Korea University to foster talent in the food and bio industries.
Gmarket users report suspicious account activity
Gmarket, an e-commerce firm operated by E-mart, is in the hot seat over a possible massive cyberattack on its customers' personal accounts, according to industry officials, Friday. A number of users have posted on social media about recent attempts by unknown people purchasing products with their IDs. Some complained that gift cards they purchased online were used.
Soaring prices force consumers to tighten belts for holiday shopping
A 33-year-old housewife surnamed Park could not believe how much food prices have gone up while shopping for groceries for the Lunar New Year holiday, which falls on Jan. 22 this year. “I spent 100,000 won ($81.03) more than last year. All the prices increased, from meat to fruits and vegetables. I only purchased what I needed and just the right amount and it still cost me mo...
Paris Baguette opens store in Malaysia
SPC has opened its first Paris Baguette bakery cafe in Kuala Lumpur, six months after establishing a joint venture with local partner Berjaya Group to enter the Malaysian market, the company said Thursday. Korea's largest bakery operator plans to expand into the halal market of 1.9 billion people, including Southeast Asia and the Middle East, using its SPC Johor Bahru plant i...
Hyundai unveils new Kona compact SUV
Hyundai Motor introduced the latest model of its Kona subcompact SUV at Dongdaemun Design Plaza in Seoul, Tuesday. It is a fully changed second-generation model of the Kona series, which the carmaker originally launched in June 2017. “We want to present a higher standard of compact SUV with our all-new Kona, which has innovative marketability beyond the next level to change t...
SNU professor wins TJ Park Science Prize
POSCO TJ Park Foundation selected Park Je-geun, a professor at Seoul National University's Department of Physics & Astronomy and three more winners of the 2023 POSCO TJ Park Prize, during a board meeting on Wednesday. Park won the science award for establishing his own research field in the study of quantum information material synthesis.
Medytox to build botulinum toxin plant in UAE
Medytox plans to build a botulinum toxin plant in the United Arab Emirates (UAE), seeking to capitalize on the country's rapidly growing market for cosmetic beauty products.
Why Generation MZ consumers are crazy about whisky
A 35-year-old office worker surnamed Kim recently bought a bottle of whisky to drink at home. “I started drinking whisky from last year because there are no hangovers after drinking. For office workers like me, who have to wake up early to go to work but want to drink on weekday nights, whisky is the perfect choice,” Kim said.
Shinsegae International names Kim as new CEO
Shinsegae International has appointed William Kim as its new CEO. He will also continue as the chief digital intelligence officer of the Shinsegae Department Store division to strengthen its digital strategy. The company imports and distributes more than 30 fashion brands as well as 20 cosmetics brands in Korea. It is also cultivating its own brands to expand them globally ev...
Kyochon set to enter Taiwan
Kyochon F&B, the owner of Korea's leading fried chicken franchise Kyochon Chicken, said Sunday that it signed a memorandum of understanding (MOU) with La Kaffa International Group (La Kaffa) for a master franchise contract to enter the Taiwanese market. La Kaffa is one of Taiwan's top three food and beverage companies that leads the restaurant business there with its solid in...
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