agricultural Archives | Be Korea-savvy
Agricultural Exports Reach All-time High through September

Agricultural Exports Reach All-time High through September

SEOUL, Oct. 3 (Korea Bizwire) — South Korea’s exports of agricultural products reached a record high during the first nine months of 2024, led by strong demand for instant noodles, snacks and beverage products, data showed Thursday. Outbound shipments of agricultural goods rose 8.3 percent on-year to come to US$7.38 billion in the January-September period, [...]

Exports of Agricultural Products up 6.2 Pct to Fresh High through April

Exports of Agricultural Products up 6.2 Pct to Fresh High through April

SEOUL, May 2 (Korea Bizwire) — South Korea’s exports of agricultural products rose 6.2 percent on-year in the first four months of 2024 to set a fresh high, driven by growing demand for processed foodstuffs, including instant noodles, data showed Thursday. The combined exports of agricultural goods came to US$3.12 billion over the January-April period, [...]

Gov’t, Ruling Party Agree to Inject 150 Bln Won to Stabilize Agro Product Price Hike

Gov’t, Ruling Party Agree to Inject 150 Bln Won to Stabilize Agro Product Price Hike

SEOUL, Mar. 15 (Korea Bizwire) — The government and the ruling People Power Party (PPP) have agreed to inject an additional 150 billion won (US$113 million) this week to stabilize the price hike of agricultural and livestock products, the party leader said Friday. According to government data, prices of agricultural, livestock and fishery products rose [...]

Exports of Agricultural Goods to Thailand Up Nearly 15 pct

Exports of Agricultural Goods to Thailand Up Nearly 15 pct

SEOUL, Aug. 27 (Korea Bizwire) — South Korea’s exports of foodstuffs to Thailand rose 14.7 percent in the first half of 2020, data showed Thursday, on the back of rising demand for ready-to-eat products amid the new coronavirus pandemic. Outbound shipments of foodstuffs to the Southeast Asian country reached US$112 million over the January-June period, [...]

Foreign Seasonal Workers Offset Labor Shortage in Agricultural and Fisheries Industry

Foreign Seasonal Workers Offset Labor Shortage in Agricultural and Fisheries Industry

CHUNCHEON, Dec. 17 (Korea Bizwire) — Foreign workers have soared in number in Gangwon Province following the introduction of the seasonal foreign worker program three years ago. The Bank of Korea (BOK) Gangwon Branch reported that there are currently 13,755 foreign workers in Gangwon Province. Since 2015, the number rose by 19.6 percent with an [...]

Ministry of Agriculture Struggles to Develop Useful Apps

Ministry of Agriculture Struggles to Develop Useful Apps

SEOUL, Oct. 11 (Korea Bizwire) — One third of the smartphone applications released by government entities falling under the Ministry of Agriculture, Food and Rural Affairs (MAFRA) have been discontinued. According to MAFRA data submitted to Rep. Lee Man-hee of the Liberty Korea Party, a total of 109 smartphone apps were released by 16 government [...]

S. Korea to Use Big Data to Predict Prices of Agro-fishery Products

S. Korea to Use Big Data to Predict Prices of Agro-fishery Products

SEJONG, Mar. 20 (Korea Bizwire) — South Korea’s state-run agriculture corporation said Tuesday it will use big data and artificial intelligence (AI) to efficiently manage supplies of agricultural and fisheries products. The Korea Agro-Fisheries & Food Corporation (aT) said it will test-run an advanced product management system based on big data and AI this year [...]