SEOUL, April 4 (Korea Bizwire) — Prices of South Korea’s agricultural, livestock and fisheries imports jumped nearly 32 percent in February from a year earlier, data showed Monday, putting upward pressure on the country’s inflation. The import price index for farm, livestock and fisheries products came to 112.6 in February, up 31.7 percent from a [...]
SEOUL, Oct. 17 (Korea Bizwire) — South Korea imported more than 3,000 tons of foods containing more than the permissible level of residual chemicals over the past five years, government data showed Tuesday, amid concerns over a lack of adequate measures to prevent the inflow of the harmful products. The amount of contaminated food imports [...]
SEOUL, Jan. 6 (Korea Bizwire) – South Korea’s food imports have been rising sharply in recent years mainly due to increased consumer demand for more diverse products, data showed Wednesday. Asia’s fourth-largest economy posted 554,177 import reports of processed food and agrofisheries products in 2014, up 25.5 percent from 441,530 shipments tallied for the whole [...]