Prices are not high enough? Trees don't grow to the sky

The S&P 500 index just experienced its best two-year streak since the 1997-98 Asian financial crisis, with the hype surrounding artificial intel...

Controversy brews over HYBE Chair Bang’s investment deal with PEFs

Bang Si-hyuk, founder and chairman of HYBE Co., the South Korean entertainment giant behind K-pop global sensations BTS and NewJeans, is embroiled i...

CJ OliveNetworks to build HiteJinro smart factory in Vietnam

South Korea's CJ OliveNetworks said on Thursday it secured a contract to build a smart factory of the nation's leading soju maker HiteJinro Co. in V...

Management dispute brewing at leggings brand Xexymix operator Brand X?

A leadership change in Brand X Corp., the operator of South Korea’s top leggings brand Xexymix, is spawning speculation that a management cont...

Lotte Chilsung Krush beer enters Mongolian market

South Korea's Lotte Chilsung Beverage announced on Friday that its beer brand Krush entered the Mongolian market. The company sponsored Davaida...

Craft beer maker Jeju Beer sells stake to car repair company

South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car main...

Venture downturn keeps Korean unicorns from acquisitions

South Korean unicorns, or private companies worth $1 billion or more, are increasingly refraining from taking over smaller startups for business exp...

South Korea’s Dailybeer to enter into Singaporean market

Dailybeer, South Korean craft beer and fried chicken chain, announced on Friday it signed a contract with Singapore-based Katrina Group for joint in...

Soju no longer working-class liquor

HiteJinro Co., South Korea’s largest soju maker, will raise the price of its soju and beer products by about 7% next month to reflect higher c...

Craft brewery startups poised to revolutionize brew scene in South Korea

Craft beers and highballs from emerging breweries and distilleries are poised to disturb the South Korean alcoholic beverage market dominated by gia...

S.Korea's imports of Japanese beer in January hit $2 million

Japanese beer imports in January exceeded $2 million, the most since a bilateral row erupted in July 2019 after Japan imposed export restrictions on...

SK Group's PE-funded transformation in the spotlight

SK Group stands out from other South Korean conglomerates in making good use of private equity funds to raise money for business expansion.The count...

End of No-Japanese boycott? Uniqlo Korea turns to black

Japanese companies operating in South Korea are making a comeback after being hit hard by a campaign that began in mid-2019 to boycott Japanese prod...

HiteJinro to export Terra beer to Hong Kong, Singapore, US

South Korea’s record-breaking Terra beer will begin exports to Hong Kong this month, and to Singapore and the United States from the latter ha...

Jeju Beer aims to be S.Korea's 4th-biggest brewer by 2022

South Korea’s leading craft beer maker Jeju Beer Co. aims to be among the country's top four breweries by the end of 2022, planning to use its...

Shinsegae to enter Korean beer market with Lets Fresh Today brand

South Korea’s Shinsegae Group is entering the local beer market under the Lets Fresh Today brand as the retail giant is expanding its presence...

Jeju Beer gets the nod for H1 Kosdaq listing

South Korea’s leading craft beer maker Jeju Beer Co. is set to go public in the first half of this year, following the Korea Exchange's approv...

Carpenters brew tea from 150-year-old Korean pine trees

GANGNEUNG, Gangwon Province -- Gangneung, on the coast east of Seoul, is famously known as a coffee destination — but there's actually another d...