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[THE INVESTOR] Shoppers in South Korea in their 20s have become more prone to spending big on luxury items and services, emerging as a new consumption trend, according to industry data. Mobile comm...
[THE INVESTOR] When Samyang Foods released Buldak Spicy Chicken Ramen in 2012, the company did not expect it would receive such explosive popularity from customers abroad -- especially in the YouTub...
[THE INVESTOR] Korea Ginseng Corp. opened the health-and-lifestyle cafe Sapoon Sapoon at Incheon Airport’s new terminal last week. The 66-square-meter cafe offers a range of premium coffee includin...
[THE INVESTOR] Cafe24, Korea’s leading e-commerce platform operator, on Jan. 19 signed a memorandum of understanding with SoftBank Payment Service, a subsidiary of Japanese conglomerate SoftBank, ah...
[THE INVESTOR] GS Retail said on Jan. 18 it will open two convenience stores in Vietnam. The Korean firm said two GS25 stores will open in Ho Chi Minh City. It plans to expand the number of stor...
[THE INVESTOR] Sales at Korean duty-free stores reached an all-time high last year, despite a sharp drop in the number of foreign tourists following a diplomatic row between Seoul and Beijing over a...
[THE INVESTOR] YG Plus announced on Jan. 17 that it has opened an outlet of its cosmetics brand Moonshot at T Galleria, operated by global duty-free operator DFS Group, in Causeway Bay, Hong Kong. ...
[THE INVESTOR] South Korea’s leading water and air purifier maker Coway will add a clothing care system to its rental portfolio, the company said on Jan. 16. The service will be released within the ...
[THE INVESTOR] Aekyung Group, one of Korea’s top five household and personal care products makers, announced on Jan. 15 that it will invest 460 billion won (US$432.85 million) in 2018 for future gro...
[THE INVESTOR] The annual operating profit of Starbucks Coffee Korea surpassed the 100 billion-won (US$94 million) mark for the first time last year, industry sources said on Jan. 16. The operat...
[THE INVESTOR] About 64 percent of part-time staffers at eateries in Korea were in favor of banning customers accompanied by children from the premises, a recent survey showed. According to the sur...
[THE INVESTOR] Meritz Financial Group has decided to inject 300 billion won (US$282.53 million) into E-Land Group to chip into plans for raising 1 trillion won to finance the cash-strapped Korean re...
[ THE INVESTOR ] Shilla Duty Free said on Jan.14 that with the opening of its second store at Incheon Airport on Thursday, it will have cosmetics and perfume operations at all passenger terminals i...
[THE INVESTOR] Lotte Confectionary on Jan. 10 announced that it has appointed Min Myoung-gi as its new CEO. The appointment reflects Lotte Confectionary’s intention to further expand its overseas bu...
[THE INVESTOR] British American Tobacco is likely to increase the consumer price of its heat-not-burn cigarettes from 4,300 won (US$4.01) to 4,500 won, on par with its competitors here, according to...
IBK buys second Indonesian bank
SsangYong Motor’s Rexton Sports output to rise by 10,000 units
GM must stay in Korea for at least 10 years: KDB
Focus on root of all problems: Samsung’s Lee Jae-yong
LG set to acquire automotive light maker ZKW for W1.6tr
Mexican food chain On The Border looking for new owner
GM Korea union losing ground following due diligence
Past comes back to haunt Korean Air’s Cho family
April 26, 2018
