CJ Cheiljedang, a major Korean food company, apologized again on Tuesday over price-fixing allegations involving sugar.
Three companies that dominated Korea’s sugar market were slapped with fines totaling more than 400 billion won ($277 million) for allegedly colluding on prices for about four years and reaping illicit gains.
CJ CheilJedang, a major Korean food company, said on Thursday that it will lower retail prices of sugar and flour products by up to 6 percent this week to help ease inflationary pressure.
As world leaders gathered in Gyeongju, North Gyeongsang to mull trade and security matters, hungry reporters explored Korea's most popular snacks from food truck vendors eager to showcase their treats to international guests.
Korean food company CJ Cheiljedang Corp. has sold its wholly owned livestock feed affiliate to a Dutch firm for 210.9 billion won ($150 million) as part of a business reorganization.
Korean food company CJ CheilJedang said Tuesday it has begun operations at its fifth dumpling plant in Japan to meet growing local demand for K-food products. The facility in Kisarazu, Chiba, will further expand production of CJ's dumpling products
CJ CheilJedang will begin exporting a kimchi-based all-purpose cooking sauce for business-to-business food service market in 12 countries, including several in Europe.
CJ CheilJedang, a major Korean food maker, said Monday it has released a Korean-style fried chicken product under its Bibigo brand in Australia.
CJ CheilJedang said Thursday it has invested 100 billion won ($72 million) to construct a new Bibigo brand dumpling factory in Japan that will produce frozen dumplings adjusted to local customers' lifestyles.
CJ CheilJedang canceled plans to sell its stake in its Brazilian subsidiary, CJ Selecta, to "eradicate management uncertainties," according to the company.
Korea JoongAng Daily Sitemap
