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Economic Impact of a Traditional Health Food Overview of the Wild Ginseng Industry Wild ginseng, unique to Korea, refers specifically to Panax ginseng that has aged naturally for over ten years in mountainous regions. The domestic wild ginseng market is estimated at over 1 trillion KRW annually, with major producing areas in Bonghwa (Gyeongsangbuk-do), Boeun … Read more

Interest Rate Hikes and Their Impact on Real Estate Markets The Bank of Korea’s continued interest rate hikes have begun to cool down the real estate market(부동산 시장) overall. As of May, the base rate stands at 3.50%, having been raised four times in the past year. Consequently, mortgage rates have surged to the high … Read more