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Breadflation Takes Hold: Why South Korea’s Loaves Cost More Each Year

Breadflation Takes Hold: Why South Korea’s Loaves Cost More Each Year

SEOUL, Sept. 13 (Korea Bizwire) — When a popular YouTube commentator recently began selling a “990 won salt bread,” it was more than a marketing stunt. It was a pointed jab at what Koreans have come to call “breadflation,” a steep rise in bread prices that many believe has made the staple disproportionately expensive at home compared [...]

CIP Launches New Company Dedicated to Developing Energy Island Projects Globally

CIP Launches New Company Dedicated to Developing Energy Island Projects Globally

Copenhagen Infrastructure Partners (“CIP”) is launching Copenhagen Energy Islands (“CEI”), a new development company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors COPENHAGEN, Denmark, Jan. 19, 2024 (Korea Bizwire) – Copenhagen Energy Islands will build on CIP’s long-standing experience and expertise within offshore wind to develop energy island [...]

Seoul Fourth Most Expensive City in Asia

Seoul Fourth Most Expensive City in Asia

SEOUL, Feb. 2 (Korea Bizwire) – Among 106 major cities in Asia, Seoul ranked fourth in terms of cost of living. According to Numbeo, information providers on world living conditions on February 1, the most expensive city in terms of living cost in Asia was Singapore with a CPI of 94.08. Following Singapore were Macau (89.12), Tokyo (85.67) and Seoul [...]