SEOUL, Jan. 25 (Korea Bizwire) — Credit card companies are competing over Starbucks Coffee Korea Co., the local unit of the U.S. coffee giant, releasing new cards with exclusive benefits including free, limited editions of smartphone cases and higher discounts. Hyundai Card Co. recently released its new Starbucks Hyundai Card, which offers Starbucks reward points [...]
SEOUL, Jan. 25 (Korea Bizwire) – South Korea’s overseas aid agency has decided to support smart city technology for Hue, an ancient citadel located in Thua Thien-Hue Province in Vietnam. The Korea International Cooperation Agency (KOICA) recently announced that it had signed a record of discussion (RD) with the provincial government to help promote the [...]
SEOUL, Jan. 24 (Korea Bizwire) — A kitten has tested positive for the new coronavirus in the first virus case involving a pet reported in South Korea. “During a recent tracking process involving a mass outbreak, health authorities found that a pet has tested positive for COVID-19 in the first such case,” Prime Minister Chung [...]
SEOUL, Jan. 24 (Korea Bizwire) — The music video for “Dynamite,” the historic BTS song that topped the Billboard’s main singles chart last year, has earned 800 million YouTube views, the band’s agency said Sunday. YouTube views for “Dynamite” hit 800 million views at 12:26 p.m. on Sunday, becoming the septet’s sixth music video to [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s two excavator makers are expected to see a steady rise in their shipments to China this year thanks to a boom in the neighbor’s construction market, according to industry watchers Sunday. “The Chinese government’s policy to boost the economy is forecast to expand the volume of the [...]
SEOUL, Jan. 23 (Korea Bizwire) — LG Electronics Inc. can improve its corporate value by restructuring its money-losing mobile business, analysts here said Saturday, as the South Korean tech giant can better focus on its future growth engines for the post-pandemic era. LG Electronics on Wednesday announced that its mobile communications (MC) unit is open [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Korean researchers embarking on a joint project to develop a flying taxi. The state-run Korea Institute of Ceramic Engineering and Technology signed an agreement with local recreational boats manufacturer Angelux on Thursday to develop and commercialize urban air mobility (UAM) air taxis. The institute plans to transfer five [...]
SEOUL, Jan. 22 (Korea Bizwire) – Korean Air Lines Co., South Korea’s biggest carrier, said Friday it will raise a higher than previously planned amount by selling stocks for its planned acquisition of smaller rival Asiana Airlines Inc. Korean Air plans to sell 3.3 trillion won (US$3 billion) worth of new stocks, which is higher than [...]
SEOUL, Jan. 22 (Korea Bizwire) – South Korean steelmaker POSCO announced on Thursday that the world’s largest liquid natural gas (LNG)-fueled bulk carrier has successfully completed its maiden voyage. POSCO’s eco-friendly bulk carrier HL Green arrived at the terminal of its steel mill in Gwangyang, 420 kilometers southwest of Seoul, after departing from Mokpo in [...]
SEOUL, Jan. 21 (Korea Bizwire) — With Walt Disney Co.’s flagship streaming service Disney+ soon to hit the South Korean market, telecom operators are speeding up to compete over partnership. The country’s three major mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — have all been reported to be engaged in [...]