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Articles by Park Yoon-kyun
Maeil Business Newspaper Korea's No. 1 Economic Media
Early next month, a joint venture between Lotte Well Food in Korea and Lotte Confectionery in Japan will be launched in Singapore and will begin full-fledged cooperation. A Singapore joint venture will take charge of the control tower and establish strategies for joint marketing, procurement, brand development, and entry into new regions in the future. The move is part of Lotte Group's "One Lotte" strategy, which Lotte Group Chairman Shin Dong-bin has been emphasizing.
Maeil Business Newspaper Korea's No. 1 Economic Media
The price of samgyetang is announced on a billboard of a restaurant in Seoul on the 26th amid the continued rise in restaurant prices, threatening the wallets of ordinary people. Reporter Lee Seung-hwan "The weather got hot, so I was going to have a plate of boiled pork for cold noodles, but I changed it to dumplings after seeing the price. Even though I ordered it like that, the bill is over 80,000 won." In front of a famous Pyongyang naengmyeon restaurant in Seoul.
Maeil Business Newspaper Korea's No. 1 Economic Media
As the U.S. and Iran have declared an end-of-war agreement and foretold the reopening of the Strait of Hormuz, the food industry is reining in its grip on the Middle East market. The Middle East has been considered a major target market this year, but the war has also cast dark clouds on the export front. K-food and beauty companies are moving quickly to expand their sales networks, offline sales, and experiential marketing to achieve this year's target.
Maeil Business Newspaper Korea's No. 1 Economic Media
Lotte Department Store will present World Cup goods and experience events to mark the opening of the North-China World Cup. Lotte Department Store Ahead of the 2026 FIFA World Cup in North Korea and China, the distribution and food industries have begun customized marketing to overcome the time difference barrier.
Maeil Business Newspaper Korea's No. 1 Economic Media
CJ CheilJedang, which is focusing on its biodegradable plastic business related to Polyhydroxyalkanoates (PHA), continued efforts to spread a culture of resource circulation in daily life. The company said on the 22nd that it had provided education on biodegradable materials and resource circulation to 170 elementary school students in Nowon District, Seoul, on the 21st.
Yoon to expand nuclear power development and cooperation - Pulse by Maeil Business News Korea
South Korean President Yoon Suk-yeol said he plans to further develop the nuclear energy industry as countries are targeting to become carbon neutral by 2050. Yoon said Korea would share its nuclear power plant technologies with countries around the world that want to go carbon neutral, highlighting the point that the energy source is clean and that his administration will find various channels for global cooperation on nuclear energy.
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