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South Korea Sees Steep Drop in Highway Fatalities, Aided by Focus on Driver Rest

South Korea Sees Steep Drop in Highway Fatalities, Aided by Focus on Driver Rest

SEOUL, Mar. 29 (Korea Bizwire) – South Korea recorded its lowest number of fatalities from highway traffic accidents last year, a mere 150 deaths that officials attribute largely to increased efforts to prevent drowsy driving through expanded rest areas and improved facilities. According to the Korea Expressway Corporation, the 2023 death toll marked a decrease [...]

Seoul Bus Drivers Go on General Strike, Cause Morning Rush Hour Delays

Seoul Bus Drivers Go on General Strike, Cause Morning Rush Hour Delays

SEOUL, Mar. 28 (Korea Bizwire) — Unionized bus drivers in Seoul went on a general strike Thursday to demand a wage hike, halting the operation of nearly 98 percent of buses running across the capital and causing delays for commuters in the morning rush hour. In their last-minute wage negotiations conducted from Wednesday till early [...]

Kakao Mobility Advocates for Reinstatement of CEO Amid Accounting Fraud Allegations

Kakao Mobility Advocates for Reinstatement of CEO Amid Accounting Fraud Allegations

SEOUL, March 19 (Korea Bizwire) – Kakao Mobility Corp., South Korea’s top taxi-hailing service operator, has been pushing for plans to reappoint its CEO, despite the state financial regulator’s recommendation to replace him amid allegations of accounting fraud, industry sources said Tuesday. In a general shareholders’ meeting slated for next week, Kakao Mobility will carry [...]

Kakao Mobility Partners with Startups to Launch ‘NEMO ride’ Autonomous Driving Service on Jeju Island

Kakao Mobility Partners with Startups to Launch ‘NEMO ride’ Autonomous Driving Service on Jeju Island

JEJU, Mar. 15 (Korea Bizwire) – Kakao Mobility, in collaboration with the startup RideFlux and the Jeju Free International City Development Center (JDC), announced on March 15 the launch of an autonomous driving service named ‘NEMO ride’ around a high-tech complex on Jeju Island. Designed to alleviate transportation challenges in areas known for heavy traffic congestion [...]

Naver Partners with Saudi Public Transport Company to Revolutionize Urban Transit

Naver Partners with Saudi Public Transport Company to Revolutionize Urban Transit

SEOUL, Mar. 7 (Korea Bizwire) –South Korean tech giant Naver has announced a strategic partnership with the Saudi Public Transport Company (SAPTCO) to improve Saudi Arabia’s urban transport system through the deployment of an intelligent transportation system. This collaboration, formalized through a Memorandum of Understanding (MOU) on March 7, aims to leverage cutting-edge technologies like [...]

Seoul to Launch River Bus Service along Han River in October

Seoul to Launch River Bus Service along Han River in October

SEOUL, Feb. 1 (Korea Bizwire) — Boats will run in the Han River like buses starting in October on a seven-stop route between the northwestern district of Magok and the southeastern district of Jamsil, the Seoul city government said Thursday. The Hangang River Bus service will reduce the travel time between Jamsil and the financial [...]

Yoon Vows Sweeping Improvements to Commuter Transport in Seoul Metropolitan Area

Yoon Vows Sweeping Improvements to Commuter Transport in Seoul Metropolitan Area

SEOUL, Jan. 25 (Korea Bizwire) — President Yoon Suk Yeol vowed Thursday to make sweeping improvements to commuter transport in the Seoul metropolitan area by extending express rail networks and adding new bus lanes and double-decker electric buses. Yoon made the remark during a government-public debate on people’s livelihood issues, the sixth in a series, [...]