Advanced crop technology company E Green Global Co. Ltd. (EGG) announced that it has raised additional equity funding from ADB Ventures, the venture capital arm of the Asian Development Bank (ADB).

It was bound to happen. This isn't out of the blue. It makes perfectly good sense. In South Korea, McDonald's is rolling out honey butter french fries.

Lotte Mart, with 93 stores nationwide (the 3rd largest retail group in Korea), started to sell US fresh table-stock potatoes in all stores on April 20, announcing the new product in their in-house paper and in their newspaper ads.

Calbee Inc. said Tuesday it will set up in June a joint venture with Haitai Confectionery &Food Co. of South Korea that will make potato chips and other snacks in the country.