SEOUL, July 2 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their combined vehicle sales in the United States rose 0.9 percent in June from a year earlier, with growth slowing from the previous month amid ongoing concerns over U.S. auto tariffs. The two automakers sold a total of [...]
SEOUL, July 2 (Korea Bizwire) — Grabbing lunch in Seoul’s central business districts has become a significantly pricier affair, with Samseong-dong topping the list at ₩15,000 (approx. $11) per meal — the highest average in the greater Seoul area, according to new data released by NHN Payco. The company analyzed 9 million transactions made through [...]
SEOUL, July 1 (Korea Bizwire) — Hanwha Ocean Co. said Tuesday it has been selected as the preferred bidder to construct South Korea’s next-generation icebreaking research vessel, which is expected to significantly enhance the country’s polar exploration capabilities. The shipbuilder was selected as the preferred bidder for the project led by the Ministry of Oceans [...]
SEOUL, July 1 (Korea Bizwire) — Starting today, drivers of select Hyundai, Kia, and BMW vehicles in South Korea will receive in-car recall notifications via dashboards and audio alerts, as part of a pilot program aimed at improving recall compliance rates. The Korea Transportation Safety Authority (TS) announced that the initiative will leverage over-the-air (OTA) software [...]
SEOUL, July 1 (Korea Bizwire) — A growing wave of discontent is brewing in South Korea’s café culture over so-called “café villains” — patrons who turn coffee shops into de facto personal offices, setting up laptops, monitors, and even partition screens for extended stays. The controversy reignited after a viral photo showed a customer occupying [...]
SEOUL, July 1 (Korea Bizwire) — KG Mobility Corp., a South Korean carmaker, said Tuesday it has launched a new car subscription service that includes insurance, tax and maintenance benefits. The service, named KGM Mobiling, offers vehicles for a monthly fee with lower upfront costs and flexible contract terms, according to the company. The program [...]
Metal Materials Quality Inspectors Earn Highest Daily Pay; Bakers Rank Lowest SEOUL, June 30 (Korea Bizwire) — Among 129 job categories in South Korea’s small and medium-sized manufacturing sector, metal materials quality inspectors command the highest average daily wage, while bakers and rice cake makers earn the least, according to new industry data. The Korea Federation [...]
DAEJEON, June 30 (Korea Bizwire) — In a breakthrough that could reshape targeted drug delivery and biomedical engineering, South Korea’s Korea Advanced Institute of Science and Technology (KAIST) announced Monday the development of self-moving cell robots fueled by biological waste products. While global research on micrometer- and nanometer-scale non-living self-propelling robots is well advanced, the application [...]
SEOUL, June 30 (Korea Bizwire) — Financially troubled MG Non-Life Insurance Co. may be put back on the selling block after the country’s financial regulator and the company’s labor union tentatively agreed on the matter, industry sources said Monday. In May this year, the Financial Services Commission said it has decided to liquidate MG Non-Life [...]
SEOUL, June 30 (Korea Bizwire) — LG Electronics Inc., South Korea’s leading home appliance maker, said Monday it has acquired a Norwegian hot water storage company to strengthen its foothold in the European air and water heating markets. The company said it acquired a 100 percent stake in OSO Group AS, a firm known for [...]