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[THE INVESTOR] The Fair Trade Commission has received a complaint that Korea’s Kyochon Chicken signed an unfair master franchise contract with a Chinese firm in Shanghai, according to news reports o...
[ THE INVESTOR ] A lawsuit filed against McDonald’s Korea claiming that a 4-year-old contracted a condition causing kidney failure after consuming a hamburger at the fast-food chain has been spread...
[ THE INVESTOR ] The number of people who run small retail businesses declined this year, data showed on July 17. According to the data from the Bank of Korea, the number of small business owners ...
[ THE INVESTOR ] The Korean duty-free industry may see a drop in on-year annual sales in 2017, which would make it the first decline in 14 years, according to data from the customs regulator on Jul...
[ THE INVESTOR ] BGF Retail, the operator of Korea’s largest convenience store chain CU, said on July 14 that it has signed a franchise deal with an Iranian company. Under the agreement, home appl...
[THE INVESTOR] Korea’s leading e-commerce firm Coupang is seeking to raise fresh funds worth US$500 million ahead of a potential initial public offering in New York, according to news reports on July...
[ THE INVESTOR ] Despite being in the red since its launch three years ago, Shinsegae announced it will be investing 300 billion won ($264 million) over the next three years into its convenience ...
[ THE INVESTOR ] Upon the conclusion by the audit board that Lotte Duty Free was wrongfully denied duty-free licenses by the Korea Customs Service in 2015, the prosecution has launched its own inve...
[ THE INVESTOR ] In the past six years, 70 percent of the patients in Korea diagnosed with Hemolytic Uremic Syndrome, commonly known “hamburger disease,” were younger than 10 years old, official da...
[THE INVESTOR] Hit by China’s ban on selling tour packages to Korea, local duty-free store operators are enticing Chinese shuttle traders, according to the Seoul Economic Daily on July 11. In most ...
[ THE INVESTOR ] Incheon International Airport Corp. said on July 11 that it had created a cooperative alliance with two European airline groups, the first of its kind. Incheon Airport, Dutch comp...
[ THE INVESTOR ] When the mother of a Korean child who was diagnosed with “hamburger disease” after eating at a McDonald’s outlet contacted the restaurant about the incident, it claimed it is impos...
[ THE INVESTOR ] Shinsegae Group confirmed on July 11 the brand name of its new distilled soju to be released later this year. The retail giant, which took over Jeju Soju in December last year, ...
[THE INVESTOR] Korea’s Food Safety Ministry is set to inspect the safety of IQOS, the heat-not-burn tobacco product by Marlboro maker Philip Morris International, according to the ministry on July 1...
[ THE INVESTOR ] The Seoul Central District Prosecutors’ Office has decided to probe a complaint filed by a woman on July 5 alleging that McDonald’s Korea violated food safety laws due to which her...
This week's DECODED X
Apple acquires 12 patents from Korea’s Pantech
UberEats’ debut in Korea imminent
Hanmi Pharma’s drug listed in US pharmacopeia
Samsung launches English version of Bixby in US, Korea
Naver, Kakao deny arm-twisting by Samsung
Samsung to produce chips for Apple’s new iPhone next year
Samsung Galaxy S9 to retain screen size of S8
