discount Archives | Be Korea-savvy
Insurtech Used to Offer Insurance Discounts Based on Client Performance

Insurtech Used to Offer Insurance Discounts Based on Client Performance

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, [...]

Starbucks Says Discounts for Personal Cup Use to Exceed 10 bln Won This Year

Starbucks Says Discounts for Personal Cup Use to Exceed 10 bln Won This Year

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 [...]

New Insurance Polices Offer “More Discounts, the More Steps You Take”

New Insurance Polices Offer “More Discounts, the More Steps You Take”

SEOUL, Sept. 3 (Korea Bizwire) — A series of new insurance coverage plans that offer additional discounts for health-conscious walking enthusiasts have been launched recently. Heungkuk Life Insurance Co. revealed today that it was offering a plan titled “Vari-Good” that refunds a maximum of 10 percent of a subscriber’s insurance premium depending on the distance [...]

Revised Bill Offers Discounts for Hospital Stays and Dental Surgery

Revised Bill Offers Discounts for Hospital Stays and Dental Surgery

SEOUL, Jun. 20 (Korea Bizwire) — Starting next month, the cost of hospital wards that can accommodate two to three people will be cut by half thanks to changes in public health insurance policies. In addition, the cost of dental implant surgeries for senior citizens over 65 years of age will fall drastically. The Ministry [...]

Seoul Offers Discounts to “Hanbok” Wearers

Seoul Offers Discounts to “Hanbok” Wearers

SEOUL, May 2 (Korea Bizwire) – The Seoul Metropolitan Government announced Tuesday that it is offering 50 percent discounts to audience members wearing hanbok, Korean traditional attire, for 19 performances taking place at four of the city’s performance venues – the Sejong Center for the Performing Arts, Seoul Namsan Traditional Theater, Seoul Donhwamun Traditional Theater, and [...]

For Low Cost Carriers, “Corporate Promotion Programs” a New-Found Cash Cow

For Low Cost Carriers, “Corporate Promotion Programs” a New-Found Cash Cow

BUSAN, Dec. 23 (Korea Bizwire) – “Corporate promotion programs” offered by local low-cost carriers have become extremely popular, and fruitful, for both airlines and their passengers. These types of programs, simply put, provide discounts on fares for all employees from affiliate companies, year-round. For instance, the journey from Seoul to Busan, a popular air route [...]

‘Korea Sale Festa’ Kicks off with Huge Discounts from Retailers

‘Korea Sale Festa’ Kicks off with Huge Discounts from Retailers

SEOUL, Sept. 29 (Korea Bizwire) – South Korea kicked off a nationwide shopping event on Thursday with a variety of promotions, cultural and entertainment events to draw more shoppers at home and abroad and revive the sluggish domestic consumption.  The massive shopping campaign called “Korea Sale Festa” runs until Oct. 9, involving major retailers, manufacturers [...]