SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s producer prices moved up 0.1 percent on-month in December due to the higher cost of agricultural products and gas, the central bank said Tuesday. The producer price index, a major barometer of consumer inflation, came to 121.19 last month, up from 121.02 tallied in November, according to [...]
SEOUL, Sept. 13 (Korea Bizwire) — South Korea seeks to expand ties with Africa in key areas, such as agriculture, biohealth and climate change, to strengthen a mutually beneficial partnership with the continent, the finance ministry said Wednesday. Finance Minister Choo Kyung-ho made the remark during the opening speech of the seventh Korea-Africa Economic Cooperation [...]
SEOUL, March 13 (Korea Bizwire) —According to recent findings, the grassland area in Korea, which serves as a representative carbon sink in the agricultural sector, is steadily decreasing. As of 2022, the national grassland area had declined to 32,124 hectares, a decrease of 376 hectares from 2021, slightly larger than Seoul’s financial hub of Yeouido [...]
London, June 9 (Korea Bizwire) – CNH Industrial (NYSE: CNHI / MI: CNHI), through its New Holland Agriculture brand is evolving tradition, and helping build a more inclusive culture by supporting women in farming. In a new video filmed across Italy, New Holland spotlights the work of women customers who play an increasingly important role in [...]
SEOUL, April 5 (Korea Bizwire) — The Rural Development Administration said Monday it will begin a pilot project to disseminate agricultural tech for low-carbon cultivation of crops at 10 locations across the country this year. The project comes as a part of the 2050 National Carbon Neutrality Scenario announced by the government last October. The [...]
SEOUL, Dec. 20 (Korea Bizwire) — The number of persons employed in the agriculture, forestry and fishery sectors has increased due to the economic hardships caused by the COVID-19 pandemic, a report showed Sunday. The monthly average number of people employed in the agriculture, forestry and fishery sectors totaled 1.45 million last year, up 50,000 [...]
NAJU, Feb. 20 (Korea Bizwire) — A new industrial complex for agriculture production systems will be established in Naju, South Jeolla Province, to prepare for a new generation of smart farming technologies. The Korea Rural Community Corp. (KRCC) signed a memorandum of understanding with Jeonnam Agricultural Research and Extension Services and Chonnam National University (CNU) [...]
SEOUL, Jan. 25 (Korea Bizwire) — Agriculture-related stocks rallied on Thursday as famous American businessman and legendary investor Jim Rogers mentioned agriculture as an area of interest. On the same day, shares of ASIA SEED Co., which produces seeds such as cabbage and sweet pumpkin, soared 29.92 percent to closed at 9,770 won. Jim Rogers [...]
SEOUL, Mar. 8 (Korea Bizwire) — South Korean strawberries have sparked a debate after garnering praise from Japanese curlers over their tastiness. Once overshadowed by varieties from Japan, Korean strawberries now dominate both the South Korean and Asian fruit markets, bringing in millions of dollars in exports. South Korean strawberries now account for over 93 percent [...]
SEOUL, Feb. 20 (Korea Bizwire) — The South Korean government has announced plans to set up an agricultural fund to support promising agriculture startups. Management plans for a new agricultural ‘fund of funds’ were unveiled by the Ministry of Agriculture, Food and Rural Affairs on Monday, which will be used to finance companies that invest in [...]