Latest News

Irish dairy group Ornua takes Kerrygold to South Korea 17 Nov 2017

Ornua, the Irish dairy group, has launched its Kerrygold butter brand into the South Korean market.

Shinsegae invests in bakery production 6 Nov 2017

South Korea's Shinsegae Food plans to invest KRW51.9bn (US$46.5m) to boost production at its Osan bakery plant in the north-west region of the country.

South Korea's CJ Cheiljedang plans new domestic plant 14 Jun 2017

CJ Cheiljedang, one of South Korea’s largest makers of processed foods, is to build of a production facility in Jincheon County in the centre of the country.

Lotte announces company revamp 27 Apr 2017

South Korea’s Lotte is to create a new united investment wing, under a major restructuring of the group.

South Korea lifts ban on BRF imports 21 Mar 2017

South Korea today (21 March) lifted an import ban on chicken from BRF, one of the Brazilian meat exporters at the centre of allegations involving meatpackers paying off inspectors to overlook practices including processing rotten meat.

South Korea eyeing lifting of chicken import tariffs 14 Mar 2017

South Korea's ministry of agriculture, food and rural affairs plans to lift chicken import tariffs from early April to stabilise local chicken prices.

South Korea opens to imports of Thai chicken  15 Dec 2016

South Korea has lifted an embargo on chicken from Thailand introduced 12 years ago due to an outbreak of bird flu. 

Lotte leadership 'indicted over embezzlement accusations' 20 Oct 2016

South Korean prosecutors have reportedly indicted 22 Lotte officials, including founder Shin Kyuk-Ho and current chairman Shin Dong-bin, over corruption allegations. 

Beston Global Food reveals "proposal" from Nongshim  22 Jul 2016

Australia's Beston Global Food Co (BFC) has received a "proposal" from Taekyung Food & Processing (‘TFP’), a wholly-owned subsidiary of South Korean company Nongshim Group. 

More raids at Lotte Group amid bribery allegations 14 Jun 2016

Lotte Group, the South Korea-based conglomerate with interests in food sectors including confectionery, dairy and ice cream, reportedly saw fresh raids on its business units today (14 June), as part of an investigation into a possible slush fund.