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KT&G Cracks Down on Counterfeit “ESSE” Cigarettes in India Amid Surge in Illegal Tobacco Trade

KT&G Cracks Down on Counterfeit “ESSE” Cigarettes in India Amid Surge in Illegal Tobacco Trade

Photo=KT&G South Korea’s KT&G is intensifying its fight against counterfeit tobacco in India, one of the world’s fastest-growing illicit cigarette markets. The maker of the premium cigarette brand ESSE has launched a sweeping legal campaign targeting fake products that are undermining brand value, distorting prices, and posing public health risks. KT&G retained local law firm S.S. Rana & Co. and

Nov 11 2025
11:00 AM PST
Wemakeprice Collapse Shows the Cost of Growth Without Guardrails

Wemakeprice Collapse Shows the Cost of Growth Without Guardrails

(Photo=WEMAKEPRICE) Wemakeprice, one of South Korea’s earliest e-commerce pioneers, has gone bankrupt after years of rapid expansion and mounting debt. The company, once seen as a domestic challenger to Coupang and a local echo of Groupon, built its name on deep discounts and flash deals that connected small merchants to millions of shoppers. Now it stands as the country’s largest

Nov 11 2025
10:00 AM PST
Samyang vs. Nongshim: Korea’s Noodle Giants Gear Up for a Global Showdown

Samyang vs. Nongshim: Korea’s Noodle Giants Gear Up for a Global Showdown

(Photo=Samyang, Nongshim) South Korea’s instant noodle titans, Nongshim and Samyang Foods, are entering a high-stakes global match that’s redefining the balance of power in the country’s ramen market. After decades as the undisputed leader, Nongshim now finds itself racing to keep pace with Samyang—the brand behind Buldak Spicy Ramen, the viral noodle that turned heat into a global phenomenon. Nongshim,

Nov 11 2025
09:00 AM PST
Korean Retail Investors Turn Bearish as Market Swings Intensify

Korean Retail Investors Turn Bearish as Market Swings Intensify

(Photo=investing.com) South Korean retail traders stepped up bearish wagers on their home market as volatility spiked, pouring fresh money into inverse exchange-traded funds that rise when stocks fall. On November 10, individuals bought about $76 million of the KODEX 200 Futures Inverse ETF—the most purchased fund of the day—outpacing flows into a popular S&P 500 tracker at roughly $22 million

Nov 11 2025
08:00 AM PST
The real debate over South Korea’s overnight delivery ban isn’t timing — it’s pricing, insiders say

The real debate over South Korea’s overnight delivery ban isn’t timing — it’s pricing, insiders say

Photo=Coupang South Korea’s debate over a proposed ban on “super late-night” delivery services is intensifying, as labor unions, e-commerce giants, and logistics companies clash over whether the plan protects workers or hurts consumers. The controversy began after the parcel delivery union under the Korean Confederation of Trade Unions (KCTU) proposed in late October that all deliveries between midnight and 5

Nov 10 2025
01:00 PM PST