Korea’s wine imports hit an all-time high in 2022. Although the amount of imports decreased somewhat, imports of high-priced products expanded, driving up the import value to a new high.According to the Korea Customs Service’s trade statistics system on Jan. 18, Korea imported US$581.27 million (abo
Harmful substances have been detected in some of Nongshim's Shin Ramyun products exported to Taiwan.The Taiwan Food and Drug Administration (TFDA) announced on Jan. 17 that harmful pesticide residues were detected in a bowl of Shin Ramyun Black Tofu Kimchi and called the product unsuitable for i
Interpark announced on Jan. 18 that the number of South Korean travelers who visited Japan by purchasing flight tickets it sells increased 37,943 percent year on year in the period of Oct. 11 last year to Jan. 11 this year.According to the company, the number increased 384 percent and 68 percent com
Medytox announced on Jan. 17 that it has signed a memorandum of understanding (MOU) with Dubai Science Park (DSP) to build a botulinum toxin plant in Dubai, the United Arab Emirates.DSP is owned by Tecom Group, a state-run company in Dubai. A signing ceremony was held on the sidelines of the Korea-U
Coway Co. announced on Jan. 16 that the company's Neo Plus Water Purifier CHP-264L has obtained the NSF-JWPA P508 certification from NSF for its water filtration ability in low-water pressure areas. This makes Coway the world’s first water purifier manufacturer to receive the NSF-JWPA P508 certi
Lotte Biologics will invest an additional 1.2 trillion won to build one more CMO plant in Korea. The company will have a total of three CMO plants in Korea. It also plans to create a bio campus around the three plants to provide drug developers with one-stop service from clinical tests to commercial
HK inno.N announced that its gastroesophageal reflux disease treatment K-CAB Tab has been approved by the Health Sciences Authority of Singapore on Jan. 11.According to approval documents, the drug has four approved indications – the treatment of erosive gastroesophageal reflux diseases, the treatme
Samsung Biologics shared its 2023 business plans and vision at the 41st Annual J.P. Morgan Healthcare Conference, which took place between Jan. 9-12 in San Francisco, California, USA. During the main track presentation on Jan. 12, John Rim, CEO and president of Samsung Biologics, said the company wi
Samsung Biologics, a leading contract development and manufacturing organization (CDMO), has received the Sustainable Markets Initiative’s Terra Carta Seal, the company announced on Jan. 11.The Terra Carta Seal, launched at COP26 by His Majesty King Charles III when he was Prince of Wales, recognize
For the upcoming Korean New Year, Pernod Ricard Korea has introduced whisky gift sets tailored to many different lifestyles and tastes of recipients, from whisky aficionados and for those that gift-giver wants to express gratitude and respect. Pernod Ricard offers and expands the range of options fo
Korea Ginseng Corp. (KGC)’s red ginseng brand, CheongKwanJang, has kept its No. 1 position in the global ginseng market for 10 years running. KGC is gradually expanding its markets from China, Taiwan and Southeast Asia to Europe and the Middle East.The global ginseng retail market in 2022 was estima
EOFlow Co., a provider of wearable drug delivery systems, has partnered with Diabeloop, a French company developing diabetes automated treatment solutions, to provide patients with convenient access to EOFlow’s EOPatch system combined with an automated insulin delivery (AID) system.EOFlow and Diabel
Henley & Partners said in its report that Japan and South Korea came in first and second in its global passport ranking, respectively.“The world’s most powerful passport is Japanese, which enables no-visa travel to 193 countries,” it said, adding, “South Korea and Singapore came in second with a cou
CHIVAS, a global whisky brand representing Pernod Ricard Korea, announced on Jan. 11 that it will open its two months pop-up store CHIVAS REGAL GIL in Apgujeong Rodeo until Feb. 26.One of the outstanding parts of this experience pop up is the relay performance of top artists every Friday - Giriboy,
SK bioscience, a global innovative vaccine and biotech company, announced on Jan. 9 that the company's ‘SKYZoster’ shingles vaccine has been approved by the National Pharmaceutical Regulatory Agency (NPRA) in Malaysia.This is the second overseas approval of SKYZoster after Thailand in May 2020.S
The Skin Factory, known for its personal care brand KUNDAL, plans to further accelerate its overseas sales growth by acquiring Abill Korea, the owner of the natural beauty brand NACIFIC, which has a strong presence in overseas markets.Abill Korea was established in 2014 and has been successful in ov
Coway Co. announced on Jan. 9 that its Seoul-based R&D center, the Environmental Technology Research Institute, has obtained accreditation as a designated testing laboratory from TÜV SÜD Korea.TÜV SÜD is one of the leading providers of testing, inspection, and certification (TIC) services worldwide
Pernod Ricard Korea, the Korean unit of the global wine and spirits company Pernod Ricard, announced on Jan. 9 that it will recruit participants in the February class for its sustainable bar operation training program ‘Bar World of Tomorrow’.The program is a one-day session that is held for a day an
EOFlow Co., a provider of wearable drug delivery systems (DDS), announced on Jan. 9 that it received a GMP (Good Manufacturing Practice) certification from Korean Ministry of Food and Drug Safety (K-MFDS) on its Gonjiam facility.Gonjiam facility is equipped with semi-automated manufacturing lines th
Protium Science, a contract development and analysis organization (CDAO) in Korea, announced that it has signed a contract development and analysis service agreement with MUSTBIO, a biotechnology company specializing in multi-specific antibody platforms.Under the agreement, Protium Science, as a CDA