SEOUL, Feb. 4 (Korea Bizwire) – The chief flight attendant who had to deplane from the Korean Air flight at New York’s JFK International Airport last December in the “nut rage” incident, is now experiencing a harsh work schedule, which is arousing suspicion that the company is seeking revenge against the crew. Park Chang-jin, the purser [...]
SEOUL, Feb. 4 (Korea Bizwire) — Hyundai Motor Group, the world’s No. 5 auto conglomerate, said Wednesday its January sales in the United States reached an all-time high, giving hope that its affiliate duos may continue to do well following favorable results for the U.S. market last year. Hyundai Motor America and Kia Motors America, [...]
SEOUL, Feb. 4 (Korea Bizwire) — Samsung Electronics said on February 4 it has started mass production of a one-package chip, which stacks a number of different smartphone parts together, enabling thinner handsets with bigger batteries. The South Korea-based company, the world’s largest maker of smartphones, used the ePoP (Embedded Package on Package) in its wearable [...]
SEOUL, Feb. 3 (Korea Bizwire) – “Dokdo Bread” made by a baker in his 40’s is the talk of town in Pohang, a southeastern port city in South Korea. Kim Ki-seon, the baker, began baking the bread last year to protect Dokdo from Japan, after the news that Japan was making “Takeshima Bread.” With dough [...]
SEOUL, Feb. 3 (Korea Bizwire) – To help Korean pharmaceutical companies advance globally, and strengthen their competitiveness, the Ministry of Health and Welfare officially announced on February 2 the start of the second phase of the Global Pharmaceutical Industry Development Fund worth 135 billion won (US$123 million). The first such fund was launched in 2013 [...]
SEOUL, Feb. 3 (Korea Bizwire) – Hotel Shilla is aiming to take over DFASS, the world’s largest in-flight duty-free specialty retailer, to expand its duty-free business to on-board duty-free shopping. According to retail industry experts in Korea, Hotel Shilla selected Goldman Sachs as the managing underwriter for its acquisition of DFASS, and is now fine-tuning the [...]
SEOUL, Feb. 3 (Korea Bizwire) – To revitalize a struggling commercial area near the former KEPCO headquarters site in Seoul, Hyundai Motor Group plans to transfer employees from some of its subsidiaries, who currently work at different locations, to the KEPCO building. The world’s fifth largest automobile manufacturer plans to move 1,000 workers in the metropolitan area [...]
“Cho Hyun-ah continuously blames crewmen and the chief flight attendant. It is difficult to judge that Cho had sincerely apologized and showed remorse for the incident. Also, she systematically interfered with the investigation carried out by the Ministry of Land, Infrastructure and Transport following the incident.” - A prosecutor during Cho’s trial at the Seoul [...]
SEOUL, Feb. 3 (Yonhap) — Korean Air, South Korea’s top flag carrier, has started to sell tickets through online social commerce stores from late last month, a rare move seen as an effort to reach more customers as it comes under growing pressure from low-cost carriers expanding their market share. Flight tickets for the Seoul-Jeju [...]
SEOUL, Feb. 3 (Korea Bizwire) — The South Korean military is seeking to export US$1 billion worth of an indigenous light attack aircraft to Peru, informed sources said Tuesday. “We’ve been pushing to sell 24 units of the FA-50 to Peru, and are planning to submit a proposal for Lima’s fighter purchase project this month,” said [...]