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Norwegian Mackerel Dominates Local Import Market

SEOUL, May 7 (Korea Bizwire) — Mackerel imported from Norway took up 90 percent of the domestic share of mackerel imports in the first quarter, signaling the domination of Norwegian mackerel domestically. In contrast, domestic production of the popular fish fell to its lowest numbers in five years, fueling worrisome sentiment in the industry. According [...]

Foreign Car Sales in S. Korea Down 2 pct in April

SEOUL, May 9 (Korea Bizwire) – Sales of foreign cars in South Korea dropped 2 percent on-year in April as some importers failed to secure a sufficient amount of cars to meet demand here, industry data showed Monday. According to the data compiled by the Korea Automobile Importers and Distributors Association, a total of 17,845 [...]