SEOUL, July 31 (Korea Bizwire) — South Korean farmers and civic groups on Thursday welcomed the exclusion of rice and beef from the nation’s latest trade deal with the United States. “The government emphasized that there will be no further opening of rice and beef markets,” they said in a statement issued during a rally [...]
UIJEONGBU, South Korea, July 30 (Korea Bizwire) – As South Korea endures an unrelenting heatwave with temperatures nearing 40 degrees Celsius, over 81,000 chickens and pigs have died in Gyeonggi Province alone between July 11 and 25, according to local government data released Wednesday. The fatalities began mounting shortly after heat advisories were issued across [...]
SEOUL, July 30 (Korea Bizwire) — POSCO Group said Wednesday it will establish a group-wide special safety task force to strengthen safety management across operations following a string of fatal industrial accidents at its sites. According to the group, the task force will be launched Friday and will report directly to Chairman Chang In-hwa. It [...]
SEOUL, July 30 (Korea Bizwire) — South Korea and the United States are continuing last-minute trade negotiations on areas including semiconductors, batteries and biotechnology on top of in-depth discussions on shipbuilding cooperation, the presidential office said Wednesday. Kim Yong-bum, the presidential chief of staff for policy, made the remarks as top Seoul officials are visiting [...]
SEOUL, July 30 (Korea Bizwire) — South Korea’s convenience store chains reported double-digit sales growth in the first week following the rollout of government-issued consumption coupons, with customers increasingly turning to nearby stores for everyday shopping. According to industry data released Tuesday, the four major operators — CU, GS25, 7-Eleven, and Emart24 — saw weekly [...]
SEOUL, July 29 (Korea Bizwire) — Samsung Electronics Co. Chairman Lee Jae-yong on Tuesday departed for the United States, raising speculation that he may support ongoing trade talks between Seoul and Washington ahead of a key negotiation deadline this week. Lee arrived at Seoul Gimpo Business Aviation Center in western Seoul around 3:50 p.m. and [...]
SEOUL, July 25 (Korea Bizwire) — Sales of multigrain instant rice are surging in South Korea, especially among younger consumers, as part of a broader shift toward health-conscious eating, NH NongHyup Bank reported Friday. Analyzing 4.2 billion transaction records from its NH Members loyalty program between January 2022 and June 2025, the bank found that [...]
SEOUL, July 24 (Korea Bizwire) – Orion Corp., a major South Korean confectionery company, said Thursday it will recall all of its Cham Carp Cakes, a popular fish-shaped pie, due to potential mold contamination. The company has notified the Ministry of Food and Drug Safety of the issue and requested that retailers halt sales of [...]
GIMHAE, South Korea, July 23 (Korea Bizwire) — Gimhae, a city in South Gyeongsang Province with a high concentration of foreign laborers, has opened South Korea’s first virtual reality (VR) industrial safety training facility designed specifically for foreign workers. The new VR center, located at the Gimhae Foreign Workers Support Center, was officially inaugurated on [...]
DAEJEON, July 18 (Korea Bizwire) — South Korea is seeing a sharp rise in baking-related patents, driven by growing consumer demand for bread and a cultural shift toward Western-style diets, according to the Korean Intellectual Property Office (KIPO). Over the past two decades, more than 3,500 patent applications have been filed in the baking sector, [...]