WeMade announced on Sept. 6 that it has made a strategic investment in Metaverse Magna (MVM), a play to earn (P2E) guild project in Africa.According to WeMade, MVM's parent company, Nestcoin, invests in and support cryptocurrency projects in Africa.MVM is Africa's first and largest gaming de
Daewoong Pharmaceutical announced on Sept. 6 that it has launched the 4th class of the Daewoong Global Drug Delivery System (DDS) Training Program for talented students from Indonesia. A scholarship awarding ceremony was held at the Daewoong Pharmaceutical R&D Center on Sept. 5 with the attendance o
Perrier-Jouët, Pernod Ricard Korea's champagne brand, announced on Sept. 7 that it has donated 5 million won, which was raised through a consumer engagement event in the Perrier-Jouët pop-up store, to the Biodiversity Foundation.Perrier-Jouët operated the "I am Nature" pop-up store at The Hyunda
The Metropolitan Museum of Art announced on Sept. 6 that Michael ByungJu Kim, chairman and founder of MBK Partners, has pledged US$10 million to support the renovation of the museum’s Oscar L. and H.M. Agnes Hsu-Tang Wing for modern and contemporary art.In celebration of the outstanding gift, the mu
McDonald’s, Burger King, Mom’s Touch and KFC have been put up for sale. According to investment banking sources, the estimated price of Mom’s Touch is approximately one trillion won and those of McDonald’s, Burger King and KFC are 500 billion won, 700 billion won and 100 billion won, respectively.Th
With innovative updates to the packaging of its key whisky brands, the company expects to reduce 35 tons of cardboard boxes and 3.6 tons of wrapping fabric per year.The Company will reduce its secondary packaging, such as cardboard boxes, for its key whisky brands such as Ballantine’s and Royal Salu
The International Union for Conservation of Nature announced on Sept. 4 that washed microfibers account for 35 percent of marine microplastics. According to it, washing of synthetic fiber clothing leads to fiber decomposition and the resultant microplastics flow to the sea. According to experts, was
Korea BeRM Co., a company specializing in postbiotics, has signed a strategic cooperation agreement with the official Korean partner of Germany’s leading health food brand, Rabenhorst & Rotbäckchen.Germany’s leading health food brand Rotbäckchen, symbolized by a girl with her blue headscarf and rosy
Coway Co. unveiled its latest home health appliances at IFA 2022 on Sept. 2. The exhibition featured 22 innovative home appliance products, including 14 air and 8 water purifiers.The main highlight of the exhibition, however, is the highly-esteemed Coway Airmega air purifiers that are now available
Amorepacific will take over Tata Harper, a luxury clean beauty brand in the United States.Amorepacific announced on Aug. 1 that it would acquire a 100 percent stake in Tata's Natural Alchemy, the operating company of the Tata Harper skin product brand. Amorepacific raised about 168.1 billion won
Pernod Ricard Korea, the Korean unit of the global wine and spirits company Pernod Ricard, announced on Sept. 2 that it will recruit new participants of October class for its sustainable bar operation training program ‘Bar World of Tomorrow,’ which has been in operation since January.The Bar World o
EOFlow Co., a provider of wearable drug delivery solutions, announced on Aug. 31 that it has received certification from the United Arab Emirate (UAE) Ministry of Health and Prevention (MOHAP) to commercialize its wearable insulin pump ‘EOPatch’ and its controller ‘ADM’ as well as its smartphone app
Samsung Biologics president John Rim has recently met with Eric Holcomb, governor of the U.S. State of Indiana who visited Korea, and discussed the company's potential investment in the U.S. state.Rim met with the governor on Aug. 26 at its plant in Songdo, Incheon. They discussed the current st
Chivas Brothers, the Scotch Whisky business of the global wine and spirits company Pernod Ricard, announced on Aug. 31 that it will invest approximately 140 billion won (88 million pounds) in expanding production capacity and upgrading sustainable distillation technologies.Chivas Brothers is the wor
Samsung Electronics will take the wraps off a washing machine that reduces microplastics at IFA 2022, which will kick off in Berlin, Germany on Sept. 2.The company developed the new washing course in collaboration with Patagonia, an American retailer of outdoor clothing, using EcoBubble technology t
Coway Co. will unveil its next lineup of home health appliances for the European market at IFA 2022 in September. The trade show, held in Berlin, is the largest of its kind in Europe for consumer electronics and home appliances. Coway is returning to Berlin for the first time since 2019 as IFA retur
Samsung Electronics has completed the development of a prototype toilet that is safe and designed for household use in collaboration with the Bill & Melinda Gates Foundation.Samsung Advanced Institute of Technology (SAIT), the research and development arm of Samsung Electronics, began to develop the
Korea Ginseng Corp. (KGC). said on Aug. 23 that cumulative sales of Red Ginseng Tablet Everytime, a product of its CheongKwanJang brand, have crossed the milestone of 1 trillion won. While other red ginseng products are suffering a drop in sales, this product is enjoying an increase in sales and exp
Bibigo, a global Korean cuisine brand created by Cheiljedang, announced on Aug. 23 that it held various events to promote K-food at KCON 2022 LA, a Korean pop culture festival held in Los Angeles for three days from Aug. 19 to 21.This year, a sample tasting event was held at Bibigo Food Street to pr
The global whisky icon Chivas, which belongs to Pernod Ricard Korea, a global wine and spirits company, announced on Aug. 23 a new campaign with the most spotlighted 10 artists in local hip-hop scene to promote growth together under its brand campaign of I RISE WE RISE.The 10 hip-hop artists, regard