SEOUL, Nov. 15 (Korea Bizwire) — Kim Ji-soo goes to a PC bang, or Korean-style internet cafe, once or twice a week to play his favorite online game, League of Legends, but there’s another reason to go there on late nights or weekends. After checking in at a self-service kiosk, Kim clicks on the “order [...]
SEOUL, Nov. 13 (Korea Bizwire) — The South Korean car-sharing app SoCar said Wednesday it has kicked off its “pairing service,” which connects long-term renters and those who want to temporarily use preferred vehicles. In the SoCar pairing service, a long-term renter of a SoCar premium vehicle can share the car with a so-called guest [...]
SEOUL, Nov. 12 (Korea Bizwire) — HDC Hyundai Development Co., a midsized construction firm, is aiming to diversify its business portfolio as it was picked as the preferred bidder for a stake in Asiana Airlines Inc., South Korea’s No. 2 airline. In the final auction for sale of a 31-percent stake in the airline, a [...]
SEOUL, Nov. 12 (Korea Bizwire) — A consortium led by construction firm HDC Hyundai Development Co. has been named as the preferred bidder to acquire Asiana Airlines Inc., Kumho Industrial Co. said Tuesday. Parent Kumho Asiana Group put Asiana Airlines up for sale in April and has been aiming to sell a 31 percent stake [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korea suffered a some 41 percent tumble in the number of visiting Chinese tourists over the past three years since its decision to deploy an advanced U.S. missile defense system here, a report said Monday. A total of 4.79 million Chinese visited South Korea in 2018, down 40.6 [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s aviation authorities said Monday they have completed safety checks on two-thirds of the country’s 150 B737-NG planes for possible cracks to ensure safety following a series of accidents. Aviation inspectors finished safety checks on 100 B737-NGs, including 42 jets that have flown more than 30,000 flights, by [...]
SEOUL, Nov. 11 (Korea Bizwire) — More than half of the platform workers who work through digital platforms like the car-hailing service Tada were found to receive supervision from platform service providers. The Korea Labor Institute said in a recent report that 53.5 percent of platform workers said they are subject to orders or restrictions [...]
SEOUL, Nov. 11 (Korea Bizwire) — More consumers are willing to pay more to travel than pay for cheap, low-quality tour packages. In response, travel agencies are offering no-tip, no-option, and no-shopping packages. Online Tour, a South Korean travel agency, began to offer high quality tour packages that exclude tips, options, or shopping in June. [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s telecom players and cable TV network operators are set to join forces to retain and attract more customers in the face of toughening competition with global content providers, gearing up for a major shift in the local media market. The process of mergers and acquisitions (M&As) between [...]
SEOUL, Nov. 8 (Korea Bizwire) — Last Tuesday, the Ministry of Employment and Labor recognized the status of delivery people at Yogiyo, a South Korean food delivery platform, as workers, raising controversy over how to address platform labor. Platform labor refers to a form of labor achieved through intermediary platforms such as mobile apps. Food [...]