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Archive by category AGRICULTURE, LIVESTOCK, FISHERIES & FORESTRY

Jeju’s Mt. Halla Korean Fir Chosen as the World’s Christmas Tree Ambassador

Jeju’s Mt. Halla Korean Fir Chosen as the World’s Christmas Tree Ambassador

JEJU, Oct. 13 (Korea Bizwire) – The most beloved Christmas tree in the world will be chosen from Jeju. The Jeju World Heritage Site recently announced its plan to pick one special tree, a representative of the Korean Fir found on Mt. Halla, as the ‘Christmas Tree Ambassador.’ This tree will symbolize the importance of preserving [...]

North Korea’s Potential Nuclear Test Seen as a Distraction from Domestic Food Crisis, According to Seoul Ministry

North Korea’s Potential Nuclear Test Seen as a Distraction from Domestic Food Crisis, According to Seoul Ministry

SEOUL, Oct. 10 (Korea Bizwire) – North Korea may stage various provocations, including a nuclear test, to divert its public’s attention from the country’s ongoing food crisis, South Korea’s defense ministry said Tuesday. The ministry made the assessment in a policy report for a parliamentary audit amid growing tensions after North Korea revised its constitution [...]

POSCO International Signs Venture Deal with U.S. Grain Company

POSCO International Signs Venture Deal with U.S. Grain Company

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 [...]

Yangyang’s Gold-Rated Matsutake Mushrooms Command Record Prices Ahead of Chuseok

Yangyang’s Gold-Rated Matsutake Mushrooms Command Record Prices Ahead of Chuseok

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 [...]

Korea’s Imports of Japanese Seafood Plunge, in Contrast to Surge in Imports of Asahi Beer

Korea’s Imports of Japanese Seafood Plunge, in Contrast to Surge in Imports of Asahi Beer

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. [...]

Imports of Japanese Seafood Dip for 5th Month in August

Imports of Japanese Seafood Dip for 5th Month in August

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 [...]

Government Maintains Ban on Seafood Imports from Fukushima Vicinity

Government Maintains Ban on Seafood Imports from Fukushima Vicinity

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 [...]

SK Ecoplant Partners with NETSPA for Sustainable Fishing Net Recycling Initiative in Southeast Asia

SK Ecoplant Partners with NETSPA for Sustainable Fishing Net Recycling Initiative in Southeast Asia

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 [...]

Korean Interest Peaks as Italy Battles Blue Crab Invasion – A Potential Culinary Solution Emerges

Korean Interest Peaks as Italy Battles Blue Crab Invasion – A Potential Culinary Solution Emerges

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 [...]