Lotte Liquor, a unit of Lotte Chilsung Beverage, said Wednesday that over 41,000 bottles of Kloud beers were sold in Phnom Penh, Cambodia, just five months after its launch there.Models pose in front of a van wrapped with Kloud beer advertising in Cambodia. (Lotte Liquor)As part of the company’s move to expand its sales to Southeast Asia, Kloud beer entered the Cambodian market in February. According to Korea International Trade Association, over 41,000 boxes of 330 milliliter bottles were sold

G-Smatt Global, a South Korean company that manufactures and distributes complementary metal oxide semiconductor image sensors, said Wednesday that it signed a trilateral memorandum of understanding with Kolon Global and Dubai-based BMAR Investment LLC to establish a local joint corporation.The establishment of the joint corporation is aimed at exclusive sales and distribution of G-Glass in the Middle East, the company said. G-Glass is the world’s first and only construction material and display

South Korea’s e-commerce company Coupang said Tuesday it has launched an online affiliate marketing service called Coupang Partners.  (Coupang)Coupang Partners aims to help content creators and social media influencers to monetize their online presence by promoting Coupang products and earn commissions, the company said. Coupang said a wide range of online channels can be used to promote its products, from blogs to social networking services like Facebook to corporate websites and mobile applica

SK Group, South Korea’s third-largest conglomerate by assets, denied that it had plans to acquire Asiana Airlines, in response to the Korea Exchange’s inquiry following media reports.  (Sk Group) (Asiana Airlines)Local online news outlet News Tomato reported Tuesday that SK Group is considering the takeover, quoting a senior official of the group. It reported that the matter was discussed during a meeting of the SUPEX Council, the decision-making body of the group. The group’s appointment of for

More office workers prefer quick takeout food from convenience stores or coffee chains for their lunch hour, amid changes introduced in the country’s work culture with shortened hours, industry data showed Monday.  (Yonhap)Convenience store chain operator CU said that at its 44 stores located in Seoul’s business districts Jung-gu, Jongno and Gangnam, sales of grab-and-go food went up by 30 percent from July 2 to 11, compared to the same period of the previous month. During this period, sales of

South Korean discount chain operator E-Mart said its cosmetics brand Scentence will enter the Saudi Arabian market next week, opening the brand’s first store outside Korea. E-mart’s Scentence store at Al Nakheel Mall in Riyadh, Saudi Arabia (E-mart)The 66-square-meter store will open inside Al Nakheel Mall, which is operated by Saudi Arabian retail giant Fawaz Alhokair in the capital city of Riyadh.The store will have beauty products including facial serums, cleansers, hair and body care product

They have been rivals for decades, but unionized workers from South Korea’s two largest airlines, Korean Air Lines and Asiana Airlines, found themselves seeking the same goal over the weekend -- seeing their chairmen resign.Chanting a slogan against the power abuse of Korean Air Chairman Cho Yang-ho and Asiana Airlines Chairman Park Sam-koo, employees of the two airlines held a joint rally in front of Cheong Wa Dae on Saturday evening.Employees of Korean Air and Asiana Airlines stage a protest i

Gmarket, a leading online shopping site operated by eBay Korea, said Wednesday that it has strengthened shopping benefits for foreign users with diverse promotions in July. With the foreign population increasing here, eBay Korea said its global shopping platform Gmarket Global Shop has seen on-year sales growth of at least 33 percent in the health food section in the second quarter of this year. Sales of fresh food such as seasonal fruits, vegetables and rice also saw a 12 percent increase over

While millennials in their late 20s and early 30s have been the key purchasers on e-commerce, an industry survey found Thursday that consumers in their 50s and 60s are rising as a new major consumer group, as they have become more familiar with shopping online. (Yonhap)According to e-commerce platform Auction, consumers in their 50s and 60s recorded a 135 percent increase in their purchase amounts in the past five years. They made up 27 percent of consumers ranging from teenagers to those in the

Korea Gas Corp. is expanding its dominance as a global liquefied natural gas provider, with increased overseas business volume as well as active participation in building natural gas infrastructure in emerging countries.  Workers are seen at Mexico’s Manzanillo LNG terminal. (KGC)Since its establishment in 1983 under the South Korean government, KGC has been operating a total of 72 11.4 million-kilometer-long storage facilities around the world. It has built and is operating over 4,790-kilometer

진행자: 김다솔, Paul KerryKorea and India agree to strengthen ties기사요약:  문재인 대통령은 나렌드라 모디 인도 총리와 정상회담에서 교역 확대와 인적교류 활성화 등이 담긴 열 일곱개 항의 비전 성명을 채택했다. 여기에 2030년까지 두 나라 교역액을 지금보다 두배 반 늘어난 5백억불을 달성하기로 약속했다.아이튠즈(아이폰): https://itunes.apple.com/kr/podcast/koliaheleoldeu-paskaeseuteu/id686406253?mt=2팟빵 (안드로이드): http://www.podbbang.com/ch/6638[1] President Moon Jae-in and Indian Prime Minister Narendra Modi held a summit meeting in New Delhi on Tuesday, and adopted a joint declaration that outlines increased co

Following Asiana Airlines’ latest inflight meal fiasco, a group of shareholders of Asiana Airlines are moving to file a lawsuit against the Kumho Asiana board including Chairman Park Sam-koo, industry sources said Wednesday.   (Yonhap)According to the sources, an unconfirmed number of shareholders are reviewing ways to submit class action to hold company board members and Chairman Park responsible for damages from causing inconvenience to passengers and hurting the brand image.Last week, the air

Acting in tandem with the global coffee giant’s headquarters, Starbucks Korea announced Tuesday that it will kick off the “Greener Starbucks” campaign to go plastic-free at all of its stores nationwide.Starbucks Korea employees pose for an announcement made Tuesday to go greener by reducing the use of plastic at stores nationwide. (Starbucks Korea)According to the company, it will gradually introduce paper straws at all of its 1,180 stores across the country. It will also adopt specially designe

FedEx Express, a subsidiary of the courier delivery services company FedEx, said Monday that South Korean small and midsized enterprises’ export volume in Asia-Pacific countries has increased significantly in recent years, citing its survey.  A FedEx Express employee delivers a parcel to a customer. (FedEx)According to the survey conducted on some 500 SMEs here from March toApril, 67 percent of them have shipped products to Asia-Pacific countrieincluding China, Japan and Vietnam. Among them, 22

Euljiro, some 3.5 kilometer road cutting through the heart of Seoul in Jung-gu, has a history that goes back to 1940s.The area was called Gokanemachi under the Japanese Government General of Korea until 1946, when Koreans changed it to Eulji, named after General Eulji Mundeok who saved Korea from the invading Sui Dynasty in China.Koreans tried to weaken the spirit of Chinese who formed a Chinatown in Euljiro in the 1940s by naming the area after a courageous figure.  Photos of shoppers at Bangsa

With South Korean leader Moon Jae-in entering the second year of his presidency, he has traveled overseas 11 times since he took office, via a “borrowed” Boeing 747-400.Also called Code One -- the official name of the Republic of Korea Air Force aircraft carrying the president -- the 19-year-old model’s lease contract expires in March 2020.  Code One, a Boeing 747-400 plane for South Korean President Moon Jae-in. (Korean Air)The country’s top two air carriers Korean Air and Asiana Airlines are h

KUWAIT CITY -- Kuwait International Airport held a building completion ceremony to celebrate the opening of its new terminal on Wednesday, taking a step closer to become an aviation hub in the Middle East.And behind the grand opening, Incheon International Airport Corporation was there to pass on its expertise and knowhow.  Incheon International Airport Corporation CEO Chung Il-young (left) is greeted by Kuwait Airways CEO Yousef Al-Jasem (right) during the event to celebrate the building comple

South Korea’s leading auto components maker Samsung SDI pledged to use the ongoing technological progress in the industrial world to add fuel to its battery business, officials said Sunday. Samsung SDI CEO Jun Young-hyun (left) poses with Kim Dong-chun, head of Sung Shiim Won, a child care center in Yongin, for an opening of Dream Academy. (Samsung SDI)“The advent of the ‘fourth industrial revolution’ is an opportunity for bigger growth. The importance of battery will only grow, since the hyper-

Office worker Kim Dong-bin has recently picked up the hobby of cooking, and his secret recipe is ready-to-cook meal kits. “Meal kits made my cooking a lot easier, with fewer responsibilities,” said Kim. After work, he used to run to get groceries, prepare the ingredients, cook and do the dishes. “For me, cooking was a time-consuming process even before sitting down to eat. But now, I cook restaurant-quality food at 30 percent less price in just about 20 minutes,” said Kim, adding that the kits h

Lotte Duty Free said Sunday it has opened a new airport duty free store in Vietnam‘s southeastern city of Nha Trang, its second airport outlet in the Southeast Asian state and seventh among its total overseas locations. Lotte Duty Free‘s second airport outlet in Vietnam’s Cam Ranh International Airport’s new terminal in Nha Trang. (Lotte Duty Free)The company has secured exclusive rights to run the store until 2028 over the 1,680 square-meter area at Cam Ranh International Airport’s new terminal