SEOUL, Jun. 14 (Korea Bizwire) — Starting at the end of this month, beef will be available through IoT-based vending machines for purchase by consumers. The measure is aimed at relaxing measures previously binding the livestock industry while helping consumers gain easier access to beef. When beef goes on sale at vending machines, consumers will [...]
SEOUL, Jun. 26 (Korea Bizwire) — Imports of foreign beef have risen in the first five months of this year as consumers seek less expensive meat amid the sluggish pace of economic recovery and the anti-graft law which limits gifts that can be given to public officials, teachers and journalists. The law, which took effect [...]
SEOUL, Dec. 9 (Korea Bizwire) – South Korea’s imports of U.S. beef jumped 47.6 percent on year in the first 10 months of this year, data showed Friday, partly because of a falling demand for pricey Korean beef amid the implementation of an anti-graft law. Imports of foreign beef are expected to further rise after [...]
SEOUL, Dec. 7 (Korea Bizwire) – Sales of Korean beef have decreased as consumers prefer cheaper imported beef with the implementation of an anti-graft law, industry data showed Wednesday. E-Mart, the No. 1 discount store chain operated by Shinsegae, said sales of Korean beef came to 11.1 billion won (US$94.7 million) in November, down 25.5 [...]
HOENGSEONG, South Korea, Sept. 27 (Korea Bizwire) – Hanwoo, or Hanu, is a breed of cattle from Korea, and its fine-quality beef is hugely popular despite its high price. The annual Hoengseong Hanu Festival is the trademark event promoting Hanwoo, but this year, the festival will be attracting a more global audience. Taking off on [...]
SEOUL, June 22 (Korea Bizwire) – For the past ten years, westernized dietary patterns of Koreans have led to increased consumption of meat, while consumption of grain has decreased. The average Korean consumes more meat than individuals in neighboring countries including China and Japan, according to the Korea Times. Based on the ‘Report on a Change [...]
SEJONG, April 15 (Korea Bizwire) – South Koreans’ meat consumption has increased a large extent for the past few decades but still lags far behind the average intake of other advanced countries, a government report showed Friday. According to the report from the Ministry of Agriculture, Food and Rural Affairs, the country’s annual per-capita consumption [...]
SEOUL, Sept. 2 (Korea Bizwire) - It turns out that six out of 10 office workers think that holiday gifts over 100,000 won given to public officials are a form of bribery. Tmon (www.tmon.co.kr), an online shopping site, asked 500 office workers between the ages of 20 and 50 if they thought presenting fruit, Hanwoo [...]
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 [...]
SEJONG, April 13 (Korea Bizwire) – South Koreans are consuming more meat than ever while their annual intake of rice continues to set record lows every year, a government report showed Monday. According to the report from the Ministry of Agriculture, Food and Rural Affairs, the country’s annual per capita consumption of meat came to [...]