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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 [...]

KIPO Selects 60 Promising Technologies Based on Patent Big Data

KIPO Selects 60 Promising Technologies Based on Patent Big Data

SEOUL, Dec.4 (Korea Bizwire) – The Korea Intellectual Property Office held on December 3 a conference to predict promising technologies for the future based on the analysis on patent big data. In the conference at GS Tower in Seoul’s Gangnam, as many as 400 officials from industry, academia, and research institutes participated. The 60 promising technologies gathered from [...]