SK hynix will source domestically-produced neon gas to make its chip products as stable delivery of the essential element in chip manufacturing remains uncertain in the wake of the Russia-Ukraine war.
Korean defense companies are set to sign at least $10 billion in defense deals with the Polish government as tensions build in Europe and countries seek to arm quickly and efficiently to prepare for possible conflict.
Uncertainties globally could continue to put upward pressure on prices in Korea, according to the Bank of Korea's research bureau.
Divers line up at a gas station in Yongin, Gyeonggi, Sunday. A fuel tax cut of 30 percent was effective May 1 and will be in place until the end of July.
Eight Korean pharmaceutical companies will donate medicine, medical supplies and health supplements to Ukraine, which has been devastated by Russia’s invasion, a pharmaceutical association said Monday.
The price of imported flour rose more than 20 percent in February in wake of supply chain disruptions caused by the pandemic and more recently the Russia-Ukraine war.
According to Korea National Oil Corp., the average price of a liter of gasoline is down 0.57 won compared to the last week of March to 1,993.97 won. The average price in Seoul dropped 2.25 won to 2,052.74 during the same period
Food prices had been surging sharply across the globe since the Russian invasion.
Korea JoongAng Daily Sitemap