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 [...]
SEOUL, Jul. 26 (Korea Bizwire) — Audi Korea will be selling around 3,000 new models of its A3 vehicle at a discount of approximately 40 percent. If followed through, the limited promotional offer would lower the price of A3 models to around 24 million won, which is on par with prices of domestic cars such [...]
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, 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 [...]
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 [...]
SEJONG, Nov. 29 (Korea Bizwire) – Discount gas stations have had little to no impact on overall gas prices since they were introduced about five years ago, a report showed Monday. The country’s state-run Korea National Oil Corp. (KNOC) introduced the discount gas stations in late 2011 to sell car fuel at cheaper prices as [...]
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 [...]
SEOUL, Feb.26 (Korea Bizwire) – CJ CGV has announced that it will be modifying its movie ticket prices based on the seats and time of screening. Movie tickets will differ in price depending on where the seats are located, just like concerts, musicals, operas and sports tickets. In addition, each day will be divided into [...]
SEJONG, Dec. 15 (Korea Bizwire) - The K-Sale Day discount event that kicked off last month contributed to the revival of consumer demand critical for economic growth, the government said Tuesday. According to the Ministry of Trade, Industry and Energy, sales by the country’s 25 major retailers rose 531.3 billion won or 8.4 percent on-year from [...]
SEOUL, Nov. 25 (Korea Bizwire) – People love bargain deals. Clearance sales with 80 percent or more off can even lure customers in to buy things they don’t need. That’s why retailers offer “door buster” deals when they need to handle rising stockpiles or attract customers during holiday shopping seasons, such as “Black Friday”, the [...]