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Volkswagen Introduces Limited Edition Golf GTI in South Korea

Volkswagen Introduces Limited Edition Golf GTI in South Korea

SEOUL, Sept. 11 (Korea Bizwire) – Volkswagen’s official dealer in South Korea announced on September 10 the launch of a limited edition model that maximizes the dynamic appeal of the Golf GTI. The new Golf GTI Limited Edition is set to captivate enthusiasts with its enhanced aerodynamics and exclusive design elements.  This special edition model features [...]

Kia Ranks 1st in Customer Experience among Automotive Brands in India

Kia Ranks 1st in Customer Experience among Automotive Brands in India

SEOUL, Sept. 10 (Korea Bizwire) — Kia Corp. has ranked first among automotive brands operating in India in terms of overall customer experience, the South Korean company said Tuesday, citing local industry data. According to Kia, the company ranked first, with a score of 45.84 percent, in the overall customer experience index survey conducted by [...]

Real Estate Auctions Reveal Growing Regional Divide in South Korean Housing Market

Real Estate Auctions Reveal Growing Regional Divide in South Korean Housing Market

SEOUL, Sept. 10 (Korea Bizwire) – The disparities in South Korea’s apartment market are becoming increasingly pronounced, with a widening gap between the capital region and other parts of the country, according to a recent report on real estate auctions.  Data released on September 9 by GG Auction, a specialist in foreclosure and public auction information, [...]

Gov’t to Temporarily Raise Health Insurance Payments to Hospitals for Chuseok Holiday

Gov’t to Temporarily Raise Health Insurance Payments to Hospitals for Chuseok Holiday

SEOUL, Sept. 10 (Korea Bizwire) – President Yoon Suk Yeol said Tuesday the government will temporarily raise health insurance payments to hospitals for the upcoming Chuseok holiday to better reward their services and to prevent disruptions in emergency medical care. During a Cabinet meeting, Yoon addressed concerns over possible disruptions to the medical system during [...]

E-bike Catches Fire while Being Charged at Busan’s Convention Center

E-bike Catches Fire while Being Charged at Busan’s Convention Center

BUSAN, Sept. 10 (Korea Bizwire) — An electric bike caught fire while being charged at a convention center in the southeastern port city of Busan, but sprinklers helped put out the flames, officials said Tuesday. The blaze occurred at 10:15 p.m. Monday at an underground parking lot at Bexco, an exhibition and convention center in [...]

Mercedes-Benz Korea Offers Charging Vouchers to Electric Vehicle Owners Amid Safety Concerns

Mercedes-Benz Korea Offers Charging Vouchers to Electric Vehicle Owners Amid Safety Concerns

SEOUL, Sept. 10 (Korea Bizwire) – In a move to address growing safety concerns and maintain customer loyalty, Mercedes-Benz Korea announced on September 9 that it plans to distribute charging vouchers worth 300,000 won to owners of its electric vehicles.  Mathias Vaitl, president of Mercedes-Benz Korea, communicated this decision in an email titled “A Message of [...]

Financial Regulator to Pursue Guarantees for All Payments

Financial Regulator to Pursue Guarantees for All Payments

SEOUL, Sept. 9 (Korea Bizwire) – The financial regulator on Monday announced plans to revise related laws to require payment gateway (PG) service providers to maintain sufficient funds to settle all payments. The move follows massive payment delays by two e-commerce platforms — TMON and WeMakePrice — due to a liquidity crisis caused by their [...]

Yogiyo Launches Robot Delivery Service, a First for Food Delivery Apps

Yogiyo Launches Robot Delivery Service, a First for Food Delivery Apps

SEOUL, Sept. 9 (Korea Bizwire) – Yogiyo, a South Korean food delivery app, officially launched the country’s first robot delivery service, the company said Monday. The service was introduced in the Songdo district of Incheon, about 40 kilometers west of Seoul, with plans for nationwide expansion in the future, according to Yogiyo. It is the [...]