SEOUL, July 12 (Korea Bizwire) — A Seoul court ruled that an administrative labor agency’s decision to recognize the drivers of the ride-hailing service Tada as workers should be canceled. The Seoul Administrative Court on Friday ruled in favor of SOCAR, the parent company of Tada operator VCNC, that filed a suit against the National [...]
SEOUL, Jan. 31 (Korea Bizwire) — The Korea Road Traffic Authority has released a new guidebook that introduces various safety rules and the country’s traffic system to foreigners. The guidebook offers information on how to acquire a driver’s license in the country, along with the introduction of the traffic lights system, traffic signs, principles on [...]
CHUNCHEON, May 4 (Korea Bizwire) — The Gangwon Provincial Office of Education of Education said on Monday that it will start a pilot project for a new system designed to prevent the use of smartphones for drivers of school buses as part of efforts to protect the safety of children. Under this system, if a [...]
SEOUL, Oct. 17 (Korea Bizwire) — Car-sharing businesses are suffering from massive financial losses due to careless users. Car-sharing vehicles owned by SOCAR Inc., a car-sharing service provider, last no more than three years on average, a mere 20 percent of the average lifespan of automobiles in South Korea. Smaller car-sharing platforms have a vehicle [...]
SEOUL, March 24 (Korea Bizwire) — While South Korea will allow carmakers to launch and sell a vehicle with basic Level 3 self-driving technology in the domestic market from July, many drivers are in favor of the measure. Under the initial standards, the Level 3 autonomous car, which is capable of keeping the lane in [...]
SEOUL, Dec. 21 (Korea Bizwire) — Chauffeur service drivers in South Korea are raising their voices against Kakao Corp.’s new carpooling service. The National Chauffeurs Labor Union and the National Chauffeurs Cooperative held a press conference in Seoul on Thursday, condemning Kakao for “threatening the lives of chauffeurs and taxi drivers,” and the South Korean [...]
SEOUL, Oct. 24 (Korea Bizwire) — The Ministry of the Interior and Safety announced on Tuesday that rotaries, otherwise known as traffic circles, will be replaced with roundabouts. Rotaries and roundabouts are circular intersections that differ on how cars pass through them. Rotaries give priority to entering traffic, and stop lines are sometimes drawn inside [...]
SEOUL, Apr. 18 (Korea Bizwire) — Growth in South Korea’s auto insurance market slowed last year due to intensifying competition and lower premiums, data showed Wednesday. The car insurance market grew 2.7 percent on-year to 16.8 trillion won (US$15.7 billion) in 2017, according to the data by the Financial Supervisory Service. The figure contrasts with [...]
SEOUL, Feb. 6 (Korea Bizwire) – South Korean motorists pay much higher oil taxes than their counterparts in the United States and Japan, a report said Monday, sparking calls for the government to lower them. According to the report by online crude price provider Opinet, gasoline prices in South Korea averaged 1,455 won (US$1.28) per [...]