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Trump-Era Tariff Change Sparks Outcry Over Soaring Costs of Shipping Packages to U.S.

Trump-Era Tariff Change Sparks Outcry Over Soaring Costs of Shipping Packages to U.S.

SEOUL, Sept.11 (Korea Bizwire) — South Koreans with children studying in the United States are facing sticker shock after Washington eliminated duty-free exemptions on small parcels, a move that has sent shipping costs soaring and left families questioning whether to send packages at all. Until last month, personal shipments valued under $800 were exempt from [...]

U.S. Tariff Shift Halts Korean Postal Shipments, Forcing Costlier Alternatives

U.S. Tariff Shift Halts Korean Postal Shipments, Forcing Costlier Alternatives

SEOUL, Aug. 25 (Korea Bizwire) — South Korea’s state-run postal service has suspended most shipments to the United States after Washington moved to impose customs declarations and duties on all small parcels, raising costs and disrupting cross-border trade. On Monday, the Korea Post stopped accepting low-cost airmail parcels bound for the United States. Beginning Tuesday, [...]

Medical Helicopters Established Part of Emergency Transport Service

Medical Helicopters Established Part of Emergency Transport Service

SEOUL, Sept. 12 (Korea Bizwire) — Dedicated medical helicopters have become an integral part of South Korea’s emergency transport infrastructure eight years after they became operational, the health ministry said Thursday. The emergency medical service (EMS) rotary aircraft, referred to as “doctor helicopters” here, have conducted some 9,000 flights and transported around 8,300 gravely sick [...]

Hyundai Motor Invests in Israeli Tech Startup MDGo

Hyundai Motor Invests in Israeli Tech Startup MDGo

SEOUL, Jun. 10 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker by sales, said Monday it will invest in Israeli technology startup MDGo to develop vehicles that automatically call an ambulance in the case of car accidents. Hyundai Motor’s investment centers on embedding the Israel firm’s advanced technologies in its next-generation vehicles, the [...]