JEONJU, July 26 (Korea Bizwire) – LG Group’s latest foray in the agricultural sector isn’t likely to go unopposed. LG CNS, an IT affiliate of LG Group, revealed earlier this month it would invest 380 billion won to build a farming complex called Smart Biopark, which will cover approximately 76 hectares of land, in the [...]
SEOUL, July 6 (Korea Bizwire) – LG CNS Co., an IT affiliate of South Korea’s LG Group, said Wednesday that it will build a farming complex based on information and communications technologies (ICT) on a vast tract of reclaimed land on the nation’s southwest coast. The complex, dubbed “Smart Biopark,” will span about 76 hectares [...]
SEOUL, June 30 (Korea Bizwire) – Starbucks Korea’s latest eco-friendly effort, using coffee grounds as compost to grow crops and purchasing the harvested products, was chosen as June’s ‘Excellent Example of Coexistent Cooperation in Agricultural Products’ by the Ministry of Agriculture, Food and Rural Affairs (MAFRA). According to the ministry, Starbucks Korea is currently supplying [...]
SEOUL, June 30 (Korea Bizwire) – Kakao Corp, the Korean IT giant, is making a foray into agricultural products. Followed by the recent launches of public transportation apps KakaoBus and KakaoMetro, and KakaoGame S, the company’s mobile publishing business, Kakao revealed Wednesday that it would launch KakaoFarmer Jeju, an online-to-offline (O2O) service for agricultural products. [...]
SEJONG, June 30 (Korea Bizwire) – The number of South Korean urban households moving to rural areas jumped more than 10 percent in 2015 from a year earlier as the return-to-farm movement is becoming notable in the country, government data showed Thursday. A total of 11,959 households living in the countryside came from cities last [...]
SEOUL, June 16 (Korea Bizwire) – The number of single-person households is rising rapidly across Korea. In fact, more than 24 percent of homes in Seoul are made up of just one person, with the rate expected to reach 30 percent in 2035. This phenomenon is also affecting the agriculture market. ‘The more the better’ [...]
SEJONG, August 3 (Korea Bizwire) – Agriculture and livestock industry businesses are increasingly nervous as the so-called ‘Kim Young-ran Law’, a law prohibiting illegal solicitation and bribery, will soon come into effect. The tension is derived from concerns that the consumption of agricultural, animal and marine products will drop because criminal penalties could imposed on [...]
SEOUL, Oct. 23 (Korea Bizwire) — Global warming and climate change have not just resulted in the world-wide rush to develop alternative energy or eco-friendly vehicles. The seemingly inescapable phenomenon has impacted on a huge chunk of arable lands across the globe. Climate change can affect both crop yield and the land area suitable for [...]
WASHINGTON, D.C., Mar 27, 2014 (Korea Bizwire) – Today, 1 in 6 Americans is hungry. Yet the current food insecurity problem pales in comparison to the challenges of the future. The ability to feed a rapidly growing world population was a focal point of educational programs held in Washington, D.C., this week in conjunction with [...]