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Haenam-grown Bananas to Reach First Harvest

Haenam-grown Bananas to Reach First Harvest

HAENAM, Aug. 14 (Korea Bizwire) — South Korean farmers have harvested the first bananas ever to be grown in the country’s southern region. Haenam County in South Jeolla province held a banana harvesting ceremony at a local farm on Thursday, as it plans to harvest 12 tons of bananas from 0.4 hectares of land operated [...]

SuperM to Make Live Performance Debut of New Song on U.S. Television

SuperM to Make Live Performance Debut of New Song on U.S. Television

SEOUL, Aug. 13 (Korea Bizwire) — K-pop band SuperM will present the live performance debut of its upcoming song “100″ on U.S. television network ABC, the group’s agency said Thursday. The seven-piece boy band’s live performance of “100″ will be aired on ABC’s “Good Morning America” on Aug. 20 (local time), according to SM Entertainment. [...]

S. Korea to Ban ‘Backdoor Online Advertising’ from Sept.

S. Korea to Ban ‘Backdoor Online Advertising’ from Sept.

SEOUL, Aug. 12 (Korea Bizwire) — South Korea will ban social media influencers from pitching a new product or service on their online platforms without disclosing their business ties with corporate sponsors, officials said Wednesday. The move comes amid controversy over some famous social media influencers’ involvement in the shady practice called “backdoor online advertising.” [...]

OECD Raises S. Korea’s 2020 Growth Outlook

OECD Raises S. Korea’s 2020 Growth Outlook

SEJONG, Aug. 11 (Korea Bizwire) — South Korea’s economy is likely to shrink less than expected this year thanks to its successful response to the coronavirus pandemic, the Organization for Economic Cooperation and Development (OECD) said Tuesday. In its latest report on South Korea, the Paris-based club of major economies predicted Asia’s fourth-largest economy will [...]