Latest news with #LimYunSuk
CNA
4 days ago
- Business
- CNA
Oversupply, low prices driving South Korean rice farmers to switch crops, explore new markets
South Korea is facing a problem - too much rice. It buys huge amounts of rice from its farmers to take excess supply off the market and stabilise prices. The government is encouraging rice farmers to switch to other crops. But farmers say it is not that simple. CNA's Lim Yun Suk has this story.
CNA
6 days ago
- Business
- CNA
CNA Correspondent - A tale of two rice-growing countries: The quest for grain stability in Japan and South Korea
The price of rice in Japan has more than doubled since 2024, while in neighbouring South Korea the grain is practically being given away for free. Teresa Tang speaks to correspondents Michiyo Ishida and Lim Yun Suk about what's behind the disparity.
CNA
14-07-2025
- Business
- CNA
BTS' return fuels hopes of boost to South Korea's economy
The return of K-pop phenomenon BTS is raising hopes that it can revive South Korea's slowing economy, which has been weighed down by uncertainties over US tariffs and domestic political turmoil. The Korea Culture and Tourism Institute previously estimated that a single BTS concert in Seoul could inject up to US$895 million into the Korean economy and create as many as 10,000 jobs. BTS will make its comeback as a full group with a new album and tour in spring next year. CNA's senior Korea correspondent Lim Yun Suk reports.
CNA
03-07-2025
- Business
- CNA
South Korean president says his administration doing its best to reach tariff deal with US
South Korean President Lee Jae Myung says his administration is doing its best to reach a tariff deal with the US, as Seoul's top negotiator heads to Washington again this weekend. Mr Lee held his first media conference to mark 30 days in office on Jul 3. CNA's Senior Korea Correspondent Lim Yun Suk has more.
CNA
24-06-2025
- CNA
CNA Correspondent - What's being done to save Busan from extinction?
CNA Correspondent Play Busan is South Korea's second-largest city and biggest port. But despite its reputation as a vibrant metropolis, it's facing the threat of extinction. As the population ages and young people leave for better opportunities, city officials are doing all they can to prevent it from turning into a ghost town. CNA's Lim Yun Suk sits down with Teresa Tang in this episode.
