SEOUL, Oct. 16 (Korea Bizwire) – Naver Corp., South Korea’s top Internet portal operator, showcased nine robots Monday as it aims to transform itself into a company with the combination of Artificial Intelligence (AI), software and hardware products. Naver launched its ambient Intelligence (AmI)-based robot lineup that is relatively cheap compared to past models. AmI [...]
GWANGMYEONG, South Korea, Oct. 16 (Korea Bizwire) – The South Korean city of Gwangmyeong, just south of Seoul, said Monday it will sign a memorandum of understanding with French national railway company SNCF this year to implement a Eurasia railway project to connect South and North Korea by rail to Europe. Former French Minister for [...]
SEJONG, Sept. 30 (Korea Bizwire) – The Korea Fair Trade Commission announced on Thursday it will take legal action against AirBnB after the online accommodations giant ignored its demand to comply with a correction order regarding its strict refund policy for South Korean clients. According to the Fair Trade Commission (FTC), AirBnB has failed to fully [...]
INCHEON, Sept. 29 (Korea Bizwire) – Jeju Air Co., South Korea’s leading budget carrier, on Friday began service on the Incheon-Vladivostok route as the number of passengers on it is rapidly rising, Incheon airport authorities said. Jeju Air became the first South Korean low-cost carrier to open the route. The airline provides the service four times a week with a 189-seat plane, according to the authorities. The number of passengers on the route soared more than 30 percent [...]
SEOUL, Sept. 27 (Korea Bizwire) – Cargo processed at South Korean seaports increased 8.1 percent last month from a year earlier, driven by brisk export of vehicles and imports of soft coal, government data showed Wednesday. The total amount of seaport cargo stood at 128.8 million tons inAugust, up from 119.1 million tons tallied a year earlier, according to the data by the [...]
SEJONG, Sept. 26 (Korea Bizwire) — Oceans Minister Kim Young-choon said Tuesday the government will seek ways to attract more cruise passengers outside of China with various travel incentives in order to revitalize local market, which was hit hard by diplomatic tension with Beijing. The nation’s cruise industry market enjoyed a boom last year with [...]
SEOUL, Sept. 25 (Korea Bizwire) – Local South Korean airline carriers plan to train and hire 3,000 pilots by 2022 to meet growing demand, the transport ministry said Monday. The move is designed to help meet rising demand for airline service as an increasing number of Koreans opt to travel abroad. Currently, low-cost carriers offer [...]
MEXICO CITY, Sept. 22 (Korea Bizwire) — With a series of powerful earthquakes hitting Mexico and leaving hundreds of people dead, the Korean business community in the country is beginning to feel the negative impact of the devastating natural disasters. Though Mexico City, which was been rocked by a magnitude 7.1 earthquake, is slowly recovering [...]
SEOUL, Sept. 22 (Korea Bizwire) – Google Korea has thrown its hat into the ring with an announcement on September 21 that its AI-integrated service Google Assistant is now available in Korean. Google Assistant joins a line that includes Apple’s Siri, Naver’s Clover and Samsung’s Bixby leading to the doors of Korean consumers. Google Korea [...]
SEOUL, Sept. 21 (Korea Bizwire) – U.S. ride-hailing company Uber Technologies Inc. on Thursday launched its car pool service in South Korea from which it sees a “big opportunity.” The uberSHARE car pool service comes after Uber launched the restaurant delivery app UberEATS last month as it seeks to diversify its business portfolio in Asia’s fourth-biggest economy. The “eco-friendly and affordable” car pool service, initially available inSeoul, will help alleviate traffic congestion during commuting hours, [...]