SEOUL, Dec. 22 (Korea Bizwire) — Self-driving electric buses similar in size to public city buses deployed as shuttle buses around the former presidential office Cheong Wa Dae in Seoul, starting Thursday. Hyundai Motor Co.’s Elec City, the carmaker’s first mass-production electric bus, has been renovated into an autonomous bus. The buses will cover a [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korea’s luxury hotels are competing to attract young customers by targeting the current trend of taking photos for Instagram. Paradise City, a casino and hotel complex in Incheon, reported 100,000 people have visited the hotel’s Christmas market since Dec. 16. The market, which covers an area of 8,100 [...]
SEJONG, Dec. 22 (Korea Bizwire) — The gross regional domestic product (GRDP) in South Korea moved up 6.8 percent in 2021 from a year earlier, led by gains in the manufacturing industry, data showed Thursday. The GRDP was tallied at 2,076 trillion won (US$1.63 trillion) in 2021, up 132 trillion won from a year earlier, [...]
SEJONG, Dec. 22 (Korea Bizwire) — The number of newly established companies in South Korea decreased 3.4 percent on-year in 2021 amid weak business sentiment sparked by the pandemic, data showed Thursday. Last year, the number of newly created firms came to 1.02 million, down 36,000 from a year earlier, according to the data compiled [...]
SEOUL, Dec. 22 (Korea Bizwire) — The South Korean webtoon industry continued to post strong growth last year on the back of growing popularity at home and abroad and successful adaptations into dramas and films, industry data showed Thursday. The total sales of the local web-based comic market amounted to 1.57 trillion won ($1.23 billion) [...]
SEOUL, Dec. 22 (Korea Bizwire) — Theater admissions sharply recovered in the first 11 months of the year compared with the deep slump a year ago but remained below half of the pre-pandemic level, industry data showed Thursday. A total of 986.3 million tickets were sold in the January-November period, up 89.3 percent from a [...]
SEOUL, Dec. 22 (Korea Bizwire) — Hyundai Motor Group said Wednesday that a documentary on its corporate social responsibility (CSR) activities in China is drawing a favorable response from Chinese people. In collaboration with Discovery Channel, the group made a mini-documentary under the theme of its CSR activities in China, including the prevention of desertification, [...]
SEOUL, Dec. 21 (Korea Bizwire) — Night-time mountain climbing at Mount Halla on South Korea’s southern Jeju Island, which recently reopened after a two-year hiatus, is gaining popularity. All reservations for early morning mountain climbing on Jan. 1 next year filled up just one hour after reservations opened at 9 a.m. on Dec. 1. A [...]
SEOUL, Dec. 21 (Korea Bizwire) — Overseas credit card use in November, typically part of the travel off-season, jumped significantly this year, largely due to the quick recovery of interest in foreign travel, data showed Wednesday. Overseas credit card spending at seven card companies reached 1.63 trillion won (US$1.26 billion) in last month, which was [...]
SEOUL, Dec. 21 (Korea Bizwire) — The number of South Korean workers who took time off to take care of their children rose 1 percent in 2021 from a year earlier, government data showed Wednesday. A total of 173,631 workers took parental leave to care for their children last year, up 1,682 from 2020, according [...]