SEOUL, Sept. 26 (Korea Bizwire) — POSCO International Corp. said Tuesday it has signed a preliminary agreement with a U.S. grain company to push for a joint venture and other related investment in the grain supply. The joint venture framework agreement, signed with Bartlett and Company, commit the two companies to establishing a joint venture [...]
SEOUL, Sept. 22 (Korea Bizwire) – The price of matsutake mushrooms from Gangwon Province, renowned for their exceptional quality, is skyrocketing as the Chuseok holiday approaches. Matsutake mushrooms, often referred to as “aristocratic mushrooms,” are coveted for their rarity and distinct flavor. Among them, Yangyang matsutakes from Yangyang, Gangwon Province, are regarded as treasures, commanding a [...]
SEOUL, Sept. 19 (Korea Bizwire) – South Korea’s imports of Japanese seafood have declined for five straight months. In contrast, the nation’s imports of Asahi beer saw a nearly five-fold jump last month. According to the Korea Customs Service, South Korea imported 1,622 tons of Japanese seafood last month, down 24.9 percent from a year ago. [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korean imports of Japanese seafood fell for the fifth consecutive month in August on concerns over Japan’s release of treated radioactive water, government data showed Monday. Seoul imported US$7.81 million worth of fishery products from the neighboring country last month, down 34.8 percent from a year earlier, according [...]
SEOUL, Sept. 13 (Korea Bizwire) – The government has received no requests from Tokyo to expand imports of Japanese seafood and plans to maintain the import ban as is, officials said Wednesday, denying a news report that Japan is trying to increase seafood exports to South Korea. Vice Oceans Minister Park Sung-hoon made the remark [...]
SEOUL, Sept. 13 (Korea Bizwire) — SK Ecoplant announced on Tuesday that it is teaming up with NETSPA, a startup that specializes in recycling waste fishing nets, for a project in Southeast Asia. This project has been chosen as an initial project for the Korea International Cooperation Agency (KOICA) Platform ESG Initiative. On September 12, SK Ecoplant [...]
INCHEON, Sept. 11 (Korea Bizwire) — The revelation that blue crabs, a cherished seafood delicacy in Korea, have become a troublesome presence in Italy has sparked significant interest among Korean food enthusiasts. In response, the notion of exporting these crabs to other Asian nations, including Korea, has gained traction and is now evolving into a [...]
SEOUL, Sept. 11 (Korea Bizwire) — South Korea will develop quality seeds of gim, or dried laver, and extend support for its exports with a goal to achieve its global sales of US$1 billion by 2027, the oceans ministry said Monday. It is part of the government’s comprehensive five-year plan to promote the gim industry, [...]
SEOUL, Aug. 28 (Korea Bizwire) – The Korea Meteorological Administration (KMA) has developed an array of specialized weather services to cater to diverse user needs. These encompass customized forecasts tailored for orchardists, predictions for solar power generation based on insolation, and weather insights for prominent tourist attractions. Among these segments, orchardists rely heavily on KMA [...]
HWANSEONG, Aug. 21 (Korea Bizwire) — Gongsaeng Salt Field, situated in Hwaseong-si, Gyeonggi Province, and renowned as one of South Korea’s prominent salt fields, has captured the attention of media circles as of late. A salt field is essentially an expanse where seawater is gathered and subjected to evaporation, resulting in the creation of salt. [...]