South Korea is looking into raising purchasing limit for duty-free alcohol as a way to boost tourism, the country's Korea Customs Service (KCS) has revealed. Read More
Lotte
Two of Korea’s conglomerates have officially launched their retail wine business in the country following their high-profile purchases of Napa vineyards to sate South Koreans' growing thirst for wine. Read More
Korea's retail giant Lotte has announced that it has received a green light to construct a whisky distillery in Jeju island, which is reputed to have Korea's best quality water, as the country's whisky imports soared. Read More