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Food Trucks Coming to Seoul’s Parks

Food Trucks Coming to Seoul’s Parks

SEOUL, August 3 (Korea Bizwire) — Food trucks that sell food and drinks will start operating at parks in Seoul in the latter half of this year. Seoul Metropolitan Government announced that food trucks selling coffee, toast and refreshments would start business at West Seoul Lake Park during the latter half of 2015. Since operating [...]

Paper Bankbooks Will Disappear into History after 120 Years of Existence

Paper Bankbooks Will Disappear into History after 120 Years of Existence

SEOUL, July 30 (Korea Bizwire)-Bankbooks have been issued ever since banks were established in Korea.But aftermore than 100 years of existence, they are going the way of the dodo. Bankbooks will no longer be issued from September 2017, but starting in September this year, in order to ease people into the new system, incentives will [...]

Asiana Airlines and Its Pilot in Legal Wrangling over “No Beard” Dress Code

Asiana Airlines and Its Pilot in Legal Wrangling over “No Beard” Dress Code

SEOUL, July 29 (Korea Bizwire) – Asiana Airlines Inc., South Korea’s No. 2 air carrier, has filed a lawsuit to reverse an administrative decision ordering it to compensate a pilot who was grounded after refusing to shave his beard, industry sources said Wednesday. The lawsuit lodged with the Seoul Administrative Court calls for the National [...]

SK Innovation, S Korean Leading Refiner, to Reinforce EV Battery Business

SK Innovation, S Korean Leading Refiner, to Reinforce EV Battery Business

SEOSAN, South Korea, July 29 (Korea Bizwire) – SK Innovation Co., South Korea’s top refiner, vowed Wednesday to further bolster its electric vehicle (EV) battery business by expanding its global outreach as part of efforts to find a new income source. SK Innovation has been pushing for the EV battery business since 2008, building the [...]

Korea and US to Jointly Probe of Osan Base over Anthrax Shipment

Korea and US to Jointly Probe of Osan Base over Anthrax Shipment

 “The on-site visit is expected to defuse public worries by having firsthand verification on whether actions have been taken properly on the concerned facility and those who have been exposed in accordance with the safety guidelines at home and abroad throughout the first shipment and to the disposal.” – South Korea’s Ministry of National Defense SEOUL, [...]

Offshore Facilities Turn Out Loss-making Business for Korean Shipbuilders

Offshore Facilities Turn Out Loss-making Business for Korean Shipbuilders

SEOUL, July 29 (Korea Bizwire) – South Korea’s major shipbuilders, led by Hyundai Heavy Industries Co., logged worse-than-expected losses in the second quarter, largely due to the delivery of low-priced ships and a delay in the construction of loss-making offshore facilities, data showed Wednesday. The country’s big three shipyards racked up a combined loss of [...]