LG Electronics CEO William Cho said the company may consider raising the prices of home appliances sold in the United States if tariffs imposed by Washington exceed manageable levels.
The Fair Trade Commission dispatched investigators to five major food companies — Nongshim, Orion, Haitai, Lotte Wellfood and Crown Confectionery — to examine suspicions of collusion in snack and instant noodle price hikes.
Smoking at national parks continues to be a persistent issue despite being a crime that can be punished with a fine of up to 2 million won ($1,400), according to data from the Korea National Park Service (KNPS) on Monday.
Oriental Brewery will raise beer prices by an average of 2.9 percent.
Fried chicken buckets priced around 10,000 won ($7.23) at discount marts and convenience stores are becoming increasingly popular as big chicken franchise chains hike their prices through higher delivery fees.
Consumer burdens are expected to increase as the prices of processed food, beverages and franchise food such as chocolate, coke, soda, gim (dried seaweed) and soy sauce products surge.
Medical professors on Monday said that the 2,000 number for admissions expansion was mentioned “only once” during the entire decision-making process for the quota hike, after reviewing the government's documents filed to the appellate court.
Deans of medical schools nationwide on Sunday asked the government to freeze the admissions quota for the upcoming 2025 enrollment and discuss the future of increasing medical personnel through a consultative body.
Amid soaring seafood prices, the wholesale price of gim (dried seaweed) per bundle jumped 38 percent on year to 9,072 won ($6.89), according to Korea Agro-Fisheries & Food Trade Corporation on Thursday.
Subway fares in Seoul may increase by 150 won ($0.11) as early as July.
Korea JoongAng Daily Sitemap
