SEOUL, Sept. 26 (Korea Bizwire) — Airline carriers are suffering from a growing number of voluntary disembark request cases in which airline passengers suddenly say they want to get off the plane. According to the Ministry of Land, Infrastructure and Transport, the number of voluntary disembark requests at airports across the country has been increasing [...]
SEOUL, Sept. 24 (Korea Bizwire) — The subscription economy, through which one can periodically receive products or services instead of purchasing them outright, is on the rise. Rental services, which used to be represented by water purifiers, are now in their heyday as they have expanded to various items such as LED masks and dishwashers. [...]
SEOUL, Sept. 17 (Korea Bizwire) — The South Korean car-sharing app SoCar said Tuesday it has added Tesla Motors Inc.’s Model 3 to its vehicle lineup to better serve customers. SoCar will introduce the all-electric Model 3 as a vehicle for its car-sharing services in October, the company said in a statement. SoCar currently offers [...]
SEOUL, Sept. 11 (Korea Bizwire) — Four South Korean bidders have made the shortlist in an auction to acquire Asiana Airlines Inc., the country’s second-biggest full-service carrier, industry sources said Wednesday. Cosmetics-to-airline conglomerate Aekyung Group, a consortium formed by Hyundai Development Co. and Mirae Asset Daewoo, another consortium led by local activist fund Korea Corporate [...]
SEOUL, Sept. 4 (Korea Bizwire) — Korean Air Lines Co., South Korea’s largest air carrier, said Wednesday it has expanded cargo flights to Southeast Asia and South America to cope with the global economic slowdown prompted by the U.S.-China trade war. Korean Air said it has relaunched cargo flights to Manila and to Bangkok, with [...]
SEOUL, Sept. 3 (Korea Bizwire) — Aekyung, a South Korean activist fund and a consortium led by a local brokerage firm submitted initial bids to acquire Asiana Airlines Inc., South Korea’s second largest full-service carrier, industry sources said Tuesday. Kumho Asiana Group, the airline’s parent, and its lead manager for the sale, Credit Suisse, received [...]
SEOUL, Aug. 27 (Korea Bizwire) — A ‘Safe Delivery Service for Women’ was introduced in Seoul in 2013 for the first time in South Korea. Now, a new service where safety is guaranteed for those wishing to send a package will be rolled out. ‘Safe Delivery Service for Women’ was launched as a service that [...]
SEOUL, Aug. 26 (Korea Bizwire) — Korean horse racing was broadcast worldwide via CNN International on Sunday. CNN’s “Winning Post: An Elegant Life Team” visited the Korea Racing Authority (KRA) last month to document activities over three days. Korean horse racing was introduced along with Seoul’s Gyeongbok Palace, Gwangjang Market, and other major tourist destinations. [...]
SEOUL, Aug. 26 (Korea Bizwire) — The travel industry, mired in a panic due to a boycott against Japan triggered by Japanese export restrictions, is seeking a breakthrough in its products accompanying so-called social media ‘influencers’. A major tour agency Hana Tour Service Inc. recently released “DJ Narae’s Hip Party in Da Nang” as the [...]
SEOUL, Aug. 21 (Korea Bizwire) — The number of South Korean tourists visiting Japan tumbled more than 7 percent in July from a year earlier amid escalating tensions between the two neighbors over history and trade, Japanese government data showed Wednesday. A total of 561,700 South Koreans visited Japan last month, marking a 7.6 percent [...]