SEOUL, Feb. 17 (Korea Bizwire) — South Korea’s fresh fruit imports reached an all-time high in 2024, surpassing $1.4 billion for the first time, driven by rising domestic fruit prices and increased demand for imported alternatives. According to the Korea Rural Economic Institute (KREI), imports of 12 major fresh fruits amounted to $1.447 billion (approximately [...]
SEOUL, Feb. 14 (Korea Bizwire) — Recent fishing vessel accidents off Jeju Island have put a spotlight on the hazardous nature of long-distance winter fishing operations in South Korean waters, with fishermen risking their lives to pursue catches in distant seas. The latest incident occurred on February 12 when the 32-ton Jaeseong-ho, carrying 10 crew members, [...]
JAKARTA, Indonesia, Feb. 14 (Korea Bizwire) — At a bustling food expo in the heart of Jakarta, Indonesian shoppers eagerly sampled fresh strawberries flown in from Nonsan, South Korea. Among them was Ainna, a 30-year-old visitor, who proudly showcased a strawberry shortcake she had just purchased. Taking a bite, she remarked, “The combination of fresh [...]
ICHEON, South Korea, Jan. 13 (Korea Bizwire) — Marking the nation’s earliest rice planting of the year, farmers in Icheon, Gyeonggi Province, carried out the season’s first transplanting ceremony on February 13. Local authorities and agricultural cooperatives gathered at 2:30 p.m. in Anpyeong 3-ri, Hobup-myeon, where they planted domestic early-maturing ‘Jingwang’ rice seedlings in a [...]
SEOUL, Feb. 11 (Yonhap) – South Korea plans to expand its official development assistance (ODA) to 50 nations by 2029, the agriculture ministry said Tuesday, a move partly aimed at strengthening the global competitiveness of the country’s agri-food industry. The move comes as part of the government’s five-year plan to bolster the country’s international agriculture [...]
JEONJU, Jan. 17 (Korea Bizwire) — A team of South Korean researchers have made a groundbreaking discovery about how onions produce their distinctive pungent compound, isoallicin, revealing it to be part of the vegetable’s natural defense system, the Rural Development Administration (RDA) announced on January 16. The study marks the first time scientists have identified the [...]
SEOUL, Jan. 15 (Korea Bizwire) — Gyeonggi Province has announced a comprehensive five-year plan worth 172.1 billion won to transform livestock waste management, focusing on resource recycling and environmental sustainability. The plan outlines 14 practical initiatives across three major areas: promoting eco-friendly scientific farming practices, diversifying waste recycling methods, and improving public perception of livestock waste [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korea plans to release a record amount of agricultural products into the market to stabilize prices and ease the financial burden on people ahead of the Lunar New Year, the government said Thursday. Under the plan, the government will release 265,000 tons of 16 major agricultural items, including [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korea’s oceans ministry on Thursday announced a plan for the country to become the world’s top exporter of oysters by 2030, as part of efforts to diversify its trade portfolio. Under the vision, South Korea aims to export US$160 million worth of oysters in 2030, significantly up from [...]
JEONJU, Jan. 9 (Korea Bizwire) — By 2090, climate change could enable the cultivation of subtropical crops such as tea trees for green tea and olive trees in regions as far north as Gangwon Province, according to projections released by the Rural Development Administration (RDA) on Wednesday. Expanding Cultivation Areas Currently, tea trees are grown [...]