
Japanese gov't to enable smaller firms to transfer costs to bigger companies
Dec 27, 2021 23:18 pm UTC| Economy Business
The Japanese government unveiled steps to enable small and midsize companies to pass on costs from higher raw material prices and pay hikes to bigger firms. The government aims to prevent big firms from taking advantage...

Paldo to release larger servings of Bibim noodles following BTS leader’s comments
Dec 27, 2021 23:12 pm UTC| Economy Business Life
South Korean instant noodle maker Paldo Co. will release a Bibim Men Instant Cold Cup Noodles that is 1.2 times larger than the original following BTS leader RMs wish that a product 1.5 times the size would be made...

Merck’s oral COVID-19 treatment pill approved by Japan’s health panel
Dec 27, 2021 10:01 am UTC| Business Economy
Merck Co Inc. gets the green light from the Japanese health ministry for its COVID-19 anti-viral pill. The health officials recommended the approval of the said medicine late last week. The approval of the Merck...

Burger King snatches 12 restaurants from franchise partners
Dec 27, 2021 09:24 am UTC| Business Economy
Burger King UK signed an agreement to acquire 12 new outlets from restaurant franchisees. The master franchisee of this fast-food chain in the United Kingdom confirmed it would be taking over all of the BK restaurants...

TikTok dethrones Google as the favorite website to visit
Dec 27, 2021 08:50 am UTC| Business Economy
TikTok, a Chinese video-focused social networking service owned by ByteDance, has unseated Google as the most favorite website to visit in the world. The platform that is a common source for viral videos is now the new...

Hyundai Motor shuts engine development unit
Dec 27, 2021 08:39 am UTC| Business Economy
Hyundai Motor Group will stop making internal combustion engines to hasten its transformation into an electric vehicle maker. The company said that electrification is unavoidable, so it will now work in that direction and...

Naver aiming to bring its e-commerce biz to Japan
Dec 27, 2021 07:43 am UTC| Business Economy
Naver Shopping is a top e-commerce company in South Korea and has outdone other big players in the country, including eBay Korea and Coupang. With its big success, the company now wants to expand its reach by setting up a...