Industry

Baemin Bmart direct purchases of domestic farm products up 53 percent in Jan-May, to expand this year

Baemin’s quick commerce platform is expanding its role as a sales channel for regional farms, Woowa Brothers said. Sales of domestically sourced farm and livestock products bought directly from producing areas through Baemin Bmart rose 53 percent in January to May from a year earlier, outpacing last year’s full-year growth rate of 21 percent. Fruit sales led gains, with strong increases for strawberries, melons, watermelons and blueberries.

People

IBS appoints Jang Seok-bok as new president in first internal selection

South Korea\'s Ministry of Science and ICT on Wednesday appointed Jang Seok-bok as the new president of the Institute for Basic Science (IBS). Jang leads the IBS Center for Molecular Catalysis and is a distinguished professor in KAIST\'s chemistry department. It is the first time an internal IBS research group leader has been selected to head the institute. His term runs for five years from Wednesday.