SEOUL, Feb. 27 (Korea Bizwire) — The price of goat meat is surging as it is becoming known as the best alternative to dog meat. The Korea Black Goat Association reported that the price of black goat meat reached 19,000 won (US$14.40) per kilogram as of Feb. 13, up 73 percent from last July. The [...]
SEOUL, Dec. 21 (Korea Bizwire) — The prices of popular cakes selling at South Korea’s major bakery and coffee chains rose sharply over the past year amid high inflation. The price of Paris Baguette’s Strawberry Fraisier Cake rose to 32,000 won (US$24.90) from 27,000 won last year. A Twosome Place’s Strawberry Fresh Cream Cake saw [...]
SEOUL, Sept. 9 (Korea Bizwire) — More than six out of 10 smartphone models running on fifth-generation (5G) networks turned out to be expensive, selling at prices of more than 1 million won (US$720), a consumer advocacy group said Thursday. The Consumers Union of Korea surveyed the prices of 162 5G mobile device models selling [...]
SEOUL, July 19 (Korea Bizwire) — The average price of an apartment in Seoul has shot up nearly fourfold in the past 18 years after more than doubling under the previous Moon Jae-in administration alone, a civic group analysis showed Tuesday. A 99.1-square-meter apartment in the capital fetched 1.28 billion won (US$973,162) on average as [...]
SEOUL, July 11 (Korea Bizwire) — South Korea’s major retailers are stepping up marketing efforts with a focus on price competitiveness with high inflation showing no sign of abating. GS Retail Co.’s online shopping store GS Fresh Mall promoted about 30 different items through the ‘Everyday Good Price’ event from July 1 to 8. Sales [...]
SINGAPORE, March 30 (Korea Bizwire) – GCP Applied Technologies Inc. (NYSE: GCP) (GCP or the Company), a leading global provider of construction products, today announced it is implementing price increases for Concrete Admixtures, Cement Additives and Specialty Building Materials in Asia Pacific. To continue providing the exceptional solutions GCP’s customers rely on, at the levels of service [...]
SEOUL, March 14 (Korea Bizwire) — Prices of eggs in South Korea may jump by up to 68 percent in the March-May period this year, as the spreading avian influenza is expected to further exacerbate the supply shortage, a state-funded think tank said Sunday. In the three-month period, the supply price of a large-size 10-egg [...]
SEOUL, Feb. 24 (Korea Bizwire) – The prices of imported fruits and beef in South Korea are higher than in any other country, a consumer advocacy group said Tuesday. Consumers Korea had compared the prices of 25 imported items in cities of 10 major countries and found that the prices of nine imported items, including [...]
SEOUL, Feb. 19 (Korea Bizwire) — Gold prices in South Korea hit a 10-month low as hope of an economic recovery has made the bullion less attractive, data showed Friday. A gram of gold changed hands at 63,900 won (US$57.7) on the domestic market Friday, down 0.48 percent from the previous session, according to the [...]
SEOUL, June 2 (Korea Bizwire) — The price of pork increased in May from a year earlier as a growing number of people preferred preparing meals at home amid the new coronavirus pandemic, data showed Tuesday. The average wholesale price of pork reached 5,115 won (US$4.18) per kilogram in May, up 22 percent from a [...]