Milk Surplus in Korea, Starbucks Offering Discounted Lattes Starting Today

9
You’ve likely noticed milk often being bundled in 2-for-1 specials in the grocery stores. There’s a milk stockpile going on. And Starbucks has agreed to chip in and help out –on Mondays.

Times are tough for South Korea’s dairy farmers. The unseasonably warm winter has the cows producing more milk. Couple that with the declining rate of milk consumption and you’ve got a milk stockpile driving prices down across the country. Hurray for consumers, but bad news for the farmers.

According to The Korea Dairy Committee, the supply-demand discrepancy has reached its widest gap in 12 years with nearly 15,800 tons of milk in stock as of October last year.

True businesspeople patriots that they are, Starbucks Korea has decided to chip in and offer discounted Lattes on Mondays to help relieve the milk glut.

The campaign kicks off today and will continue through the end of June, with the company selling a tall-sized latte for 3,900 won, down from the regular price of 4,600 won.

Starbucks also hopes to raise 150 million won to help dairy farmers by giving them 100 won from each latte sold.

Starbucks said the move will increase its milk use by 1,500 tons.

“We hope this campaign will help relieve the pain of dairy farmers,” said Starbucks Coffee Korea CEO Lee Seock-koo.

Starbucks uses an estimated 18,500 tons of milk annually in Korea.

 

The Latest Haps

NewsEntertainmentLifestyleFood/DrinkTravelSports
busan subway station

Busan Metro Rates to Rise From Next February

Prepare to pay more next year as fare hikes in public transportation are on the way.

0 comments
hacking-korea

South Korea’s Military Cyber Command Hacked by North Korea

The branch of South Korea’s military set up to guard against hacking has itself been hacked by North Korea. A military spokesman told the BBC that classified information was thought to have been stolen, although it is not clear exactly what data was accessed.

0 comments
Image: Star Alliance

Asiana Air Flight to London Makes Emergency Landing

An Asiana Airlines flight heading to London has made an emergency landing near the Ural Mountains in Russia.

0 comments
legos

First Official Lego Store Opens in Korea

Lego will open it first official store in South Korea’s first LEGO Store at the Hyundai Department Store just south of Seoul, this Friday the company announced.

0 comments
Source: Filmlinc.org

Japanese Cinema Premier Festival to be Held at the BCC

The “Japanese Cinema Premier Festival,” will be held from the 10th, for two days, at Busan Cinema Center.

0 comments
Image: YouTube

SNL Korea Women Under Fire for Groping Male Hosts

Some female cast members of SNL Korea are under fire after a video of them sexually grabbing a popular K-pop boy bands genitals has sparked outrage on Korean social media.

0 comments
Image: YouTube

Have Your Say: Do You Like Busan’s Newest Branding Video?

The City of Busan has released its newest branding film entitled “Busan Brand Film” in hopes of promoting the city domestically and internationally.

0 comments
Source: Filmlinc.org

Japanese Cinema Premier Festival to be Held at the BCC

The “Japanese Cinema Premier Festival,” will be held from the 10th, for two days, at Busan Cinema Center.

0 comments
hacking-korea

South Korea’s Military Cyber Command Hacked by North Korea

The branch of South Korea’s military set up to guard against hacking has itself been hacked by North Korea. A military spokesman told the BBC that classified information was thought to have been stolen, although it is not clear exactly what data was accessed.

0 comments
microphone

Monthly Ha Ha Hole Returns Saturday

Busan’s first, best, and only open mic comedy night returns tonight for its May edition at HQ Bar in KSU.

0 comments
wine-

Busan Wine Club Hosting Special Christmas Event

Start the Christmas season off right at the Busan Wine Club’s 8th wine party on 17th of December.

0 comments
Paris-Baguette

Paris Baguette Increases Prices as Administration Costs Rise

Korea’s leading bakery chain, Paris Baguette, has announced that it has increased prices on 193 of its store items.

0 comments
korean-bbq

Eat Like a Local: Kim Siljang Charcoal BBQ

With many Korean BBQ places to choose from in the city, Kim Siljang Charcoal BBQ is a great, affordable place near Gwangan Beach.

0 comments
Image: SR

New Super Rapid Train Service in Korea Begins Friday

High speed rail travelers will have a new option on the Korean peninsula as the SR bullet train service begins this Friday.

0 comments
The sun sets on the gorgeous French countryside.

Self-Guided Food Tours in France – Check out this Interactive Guide

France is renowned for its creative use of fresh market produce, and our hoteliers pride themselves on serving fare of the highest standard. Enjoy delicious food and elegant wines as you recall the highlights of the day.

0 comments
marinabaysandsinterior

24 Hours at the Marina Bay Sands Singapore

Marine Bay Sands in Singapore has become the standard for not only luxury, but also noted as the place to go if you’re on a vacation to the southeast Asian tourist mecca.

0 comments
Image: Busan City

City to Tear Down Gudeok Baseball Park and Gymnasium

The city office has decided to tear down Gudeok Baseball Park and Gymnasium and operate it as an exercise park in a smaller scale.

0 comments
soccer

South Korean Footballer Booked on Rape Charges

According to the police yesterday, a South Korean football player has been booked on charges of sexually assaulting a woman.

0 comments
tennis

Korea’s First Indoor Tennis Facility to Open in Sajik-dong

Busan Sports Council says that it will test-operate the Busan Indoor Tennis Facility in Sajik-dong for free starting today for 16 days to celebrate its opening.

0 comments

Comments

comments