SEOUL, Aug. 28 (Korea Bizwire) — The government plans to supply a record amount of 170,000 tons of high-demand foodstuffs and provide a discount worth 70 billion won (US$52.63 million) for the upcoming Chuseok holiday, the finance ministry said Wednesday. They are part of a set of measures meant to better support the livelihoods of [...]
SEOUL, March 20 (Korea Bizwire) — The Seoul city government will launch a waste reduction program this year, giving a discount of 400 won (US$0.3) to consumers who buy beverages in reusable personal cups at cafes, officials said Monday. The program is intended to encourage cafe-goers to use personal tumblers, instead of disposable cups, to [...]
SEOUL, Feb. 23 (Korea Bizwire) — Korean beef, a highly coveted item among consumers in South Korea, is now gaining more attention from the retail distribution industry as well. Recent half-price discount events have resulted in sold-out stocks every day, underscoring the growing popularity of this premium meat. E-grocery platform Market Kurly, announced the launch [...]
SEOUL, Oct. 19 (Korea Bizwire) — The highway toll discount program for electric and hydrogen vehicles and commercial trucks will be extended to 2024. The Ministry of Land, Infrastructure and Transport said Tuesday that the highway toll discount system, originally scheduled to be terminated on Dec. 31, will remain in place for two additional years. [...]
SEOUL, July 5 (Korea Bizwire) — E-Mart Inc., the country’s biggest discount store chain, declared that it will continue to sell major daily necessities at the lowest price as part of efforts to attract more customers in the era of high inflation. The company said Monday that it will select 40 different types of major [...]
SEOUL, Nov. 18 (Korea Bizwire) — With the ‘living with COVID-19’ scheme set in motion, the nation’s budget airline industry is set to make up for lost income caused by the pandemic. South Korea’s low-cost carriers (LCCs) including Jin Air Co., Jeju Air Co. and T’Way Air Co. are staging a range of sales events to [...]
SEOUL, Nov. 13 (Korea Bizwire) — CU, a major convenience store chain, announced Thursday that it will introduce Green Save service in which products nearing their expiration date will be sold at a discounted price, at all stores across the country. Green Save sales at a number of stores in Seoul have soared by a [...]
SEOUL, Nov. 9 (Korea Bizwire) — The Seoul city government said Monday it will offer a temporary 20 percent discount on food and grocery orders placed on seven designated apps. The offer will run from Wednesday through Tuesday and give customers a maximum discount of 50,000 won (US$45) on their purchases made with “Seoul Love [...]
SEOUL, May 22 (Korea Bizwire) — Insurtech, a combination of insurance and technology, is known as an underdeveloped sector despite its potential. The Financial Supervisory Service (FSS), in its analysis on how Internet of Things (IoT), big data, artificial intelligence (AI), blockchain, and other new technologies are being used in the South Korean insurance market, [...]
SEOUL, May 9 (Korea Bizwire) — Starbucks Coffee Korea Co. reported on Wednesday that the accumulated total amount of discounts the company offers to individual cup users is expected to exceed 10 billion won (US$8.50 million) by the end of this year. Starbucks introduced the ‘Eco Bonus Star’ System last year, which allows customers to [...]