SEOUL, March 18 (Korea Bizwire) — Hotel Shilla, Shinsegae DF and Hyundai Department Store Duty Free were shortlisted for duty-free licensing at Incheon International Airport, the airport operator said Friday. Incheon International Airport Corp. announced the result of the first round of assessment of bids for the five duty-free zones at the nation’s main airport, [...]
SEOUL, March 17 (Korea Bizwire) — Fashion retailers analyze all the previous years’ data to build a plan that offers the right kind of product at the right place, time, quantity and price. The process, called merchandise planning, involves selecting an item, designing the product and determining the ways to sell the product. But merchandise [...]
SEOUL, March 17 (Korea Bizwire) — Families of the victims of a fatal Japanese stampede in 2001 visited Seoul on Friday to console the families of the victims of last year’s Itaewon crowd crush. Seiji Shimomura and Kiyoshi Miki, two of the family members of the victims of the Akashi stampede, visited Seoul Plaza in [...]
SEOUL, March 17 (Korea Bizwire) — Controversy surrounding the removal of a memorial banner has shed light on the issue of workplace bullying and classism in South Korean society. The banner, which was hung at an apartment complex in Seoul to commemorate a security guard who took his own life due to workplace abuse, was [...]
SEOUL, March 17 (Korea Bizwire) – The government is stepping up to train “prompt engineers” who are tasked with extracting better results from artificial intelligence (AI) tools like ChatGPT. The Ministry of Science and ICT said Thursday it will open up a new program to train prompt engineers. The program trains students on how to [...]
SEOUL, March 16 (Korea Bizwire) — Chinese tower cranes suspected of being used as spying tools in the United States are widely used in South Korean ports, a ruling party lawmaker said Thursday, as he called for a thorough investigation into the potential security risks. Rep. An Byung-gil of the ruling People Power Party said [...]
SEOUL, March 16 (Korea Bizwire) – The legal battle between two major South Korean companies, Nongshim Group and Homeplus, has intensified over the use of the trademark ‘Mega’. Mega Mart, a supermarket chain owned by Nongshim, filed a lawsuit on March 2 against Homeplus, accusing the comany of trademark infringement for its newly introduced hypermarket [...]
SEOUL, March 16 (Korea Bizwire) – Five cars from the Hyundai Motor Group have been named the best cars for families by an American media outlet. According to the list of the 2023 best cars for families evaluated in nine categories by the U.S. News & World Report, Hyundai Motor Co.’s Santa Fe and Tucson [...]
SEOUL, March 15 (Korea Bizwire) — Samsung SDI Co. has been in talks with General Motors Co. for a potential business collaboration, although no details have materialized yet, its chief said Wednesday. Choi Yoon-ho, president and CEO of the South Korean battery maker, made the comments after media speculation that the company will build a [...]
SEOUL, March 14 (Korea Bizwire) — Samsung SDI Co., a major South Korean battery maker, said Tuesday it will showcase two electric vehicle (EV) models made by BMW and Volvo with its nickel-rich batteries at this week’s battery show. On display at InterBattery 2023, due to kick off Wednesday at an exhibition center in southern [...]