reserves Archives | Be Korea-savvy

S. Korea to Release Vegetable, Salt Reserves amid Price Hikes

SEOUL, Oct. 29 (Korea Bizwire) — South Korea plans to release its stockpile of vegetables and salt to cope with the lingering inflation for the annual kimchi-making period ahead of winter, the government said Friday. Under the plan, South Korea will release 5,000 tons of garlic, 1.4 tons of peppers and 3.6 tons of onions [...]

S. Korea to Increase Stockpile of Rare Metals to Ensure Stable Supply

SEOUL, Nov. 24 (Korea Bizwire) — South Korea plans to increase its stockpile of rare metals and expand the list of such items for strategic reserves, the country’s finance minister said Wednesday. The move aimed at ensuring stable supply of such materials came in the wake of a recent supply shortage of aqueous urea solution, [...]