Search results for bakeries
Finance
KB Financial to join lunch meal support program with agriculture ministry, offering up to 40,000 won monthly discount
KB Financial Group is joining a public-private program with the Ministry of Agriculture, Food and Rural Affairs and local governments to ease lunch costs for small and midsize enterprise workers. Eligible employees who already receive lunch allowances from their companies can get a 20 percent discount on payments at restaurants and other food outlets on weekdays between 11 a.m. and 3 p.m. The monthly discount is capped at 40,000 won per person.
Industry
SPC, CJ Foodville to cut bread prices; focus turns to instant noodles and confectionery
SPC and CJ Foodville will cut prices for bread and cakes at Paris Baguette and Tous Les Jours starting March 12 to 13. Paris Baguette will lower prices on 11 items, while Tous Les Jours will cut supply prices for 17 items and reduce some character cake prices. The companies cited efforts to support price stability and ease consumer burdens. The market is watching whether the move spreads to instant noodles and confectionery.
Games & Commerce
Ably posts record-high fourth-quarter transaction value in food category
Ably, a style commerce platform operated by Ably Corp, said on Jan. 27 that fourth-quarter transaction value in its food category rose 80 percent from a year earlier, hitting a record high. Orders and ordering customers each climbed 45 percent, and new customers grew 33 percent. As of December, the number of merchants on the platform rose 30 percent. Monthly dessert popup events helped drive growth.