SEJONG, Jan. 22 (Korea Bizwire) — South Korea’s exports of ginseng reached a new fresh high in 2019 on the back of increased shipments to China and Vietnam, data showed Wednesday. Outbound shipments of ginseng products advanced 12.4 percent on-year to reach US$211 million in 2019, according to the data compiled by the Korea Agro-Fisheries [...]
GEUMSAN, Jul. 18 (Korea Bizwire) — Ginseng fruits are ripening into a vibrant red at a ginseng field on Geumsan County, South Chungcheong Province. In the county, a major ginseng producing area, ginseng fruit is also called “ginseng daughter,” meaning it is as precious and dear as a child. Ginseng fruits, which take more than [...]
SEOUL, Jul. 11 (Korea Bizwire) — A new study has found that people who consume ginseng on a regular basis have better cognitive abilities than those who do not. A medical research team at the Seoul National Unversity Bundang Hospital led by Prof. Kim Gi-ung revealed yesterday that the team had observed 6,422 senior citizens [...]
DAEJEON/SEOUL, March 16 (Korea Bizwire) – The current chief of KT&G Corp. was reappointed to head the South Korean tobacco maker for another three years, the company said Friday. Baek Bok-in’s reappointment was approved by a regular meeting of shareholders in Daejeon, central South Korea, earlier in the day, it said. The company is South Korea’s largest tobacco and ginseng product manufacturer, [...]
SEJONG, Jan. 4 (Korea Bizwire) — South Korea’s exports of agricultural products and food increased 5.6 percent in 2017 on upbeat sales of fresh fruits and ramyeon, offsetting sluggish poultry sales in the wake of bird flu outbreaks, the government said Thursday. South Korea exported US$6.83 billion worth of agricultural products and food last year, [...]
SEOUL, May 8 (Korea Bizwire) – Ginseng exports to China amounted to $9.9 million in the first quarter of 2017, which was double the figure compared to Q1 2016, according to the latest data from the Ministry of Agriculture, Food and Rural Affairs. Exports to China saw rapid growth starting in 2000, peaking at $45.61 [...]
SEOUL, Nov. 1 (Korea Bizwire) – Vietnam has become the largest importer of Korean ginseng in Southeast Asia, a market that China is aggressively chasing to erode Korea’s lead, a trade group said Tuesday. According to the Ho Chi Minh office of the Korea Trade-Investment Promotion Agency (KOTRA), South Korea exported 1,362 tons of ginseng [...]
SEOUL, Aug. 31 (Korea Bizwire) – The Rural Development Administration (RDA) revealed Wednesday the results of a study demonstrating that regular consumption of ginseng can help relieve stress. The discovery came to light after an experimental study by a mental health science team from the Kyung Hee University Medical Center, which conducted physical application testing [...]
SEOUL, June 9 (Korea Bizwire) – A new study suggests that consistent consumption of red ginseng improves memory function of Alzheimer’s patients. A research team led by Dr. Huh Jae-hyeok, a neurologist from the Seoul Medical Center, conducted a study of 14 Alzheimer’s patients on red ginseng consumption and its relationship to cognitive functions to [...]
SEOUL, March 24 (Korea Bizwire) – Korean red ginseng, a medicinal plant known here as “hongsam,” has been found to be effective in fighting human immunodeficiency virus (HIV) infections, a South Korean research team said Thursday, citing a local patient surviving solely on red ginseng for about 30 years. The patient was diagnosed as HIV positive [...]