SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s postal service said it is seeking to broaden its role in public administration and logistics as part of a sweeping effort to shore up its finances and reposition itself as a platform for delivering government and social services. The Korea Post said at a policy briefing on Tuesday [...]
SEOUL, Sept. 8 (Korea Bizwire) — South Korea’s postal service is preparing a sweeping overhaul of its customer-facing operations, with plans to embed artificial intelligence across mail and financial services in an effort to modernize delivery, ease staffing shortages and improve efficiency. The Korea Post said Sunday it will commission a consulting project next year to [...]
SEOUL, Aug. 22 (Korea Bizwire) — The national postal service said Friday it plans to launch an affordable Express Mail Service (EMS) soon to help people continue sending parcels to the United States under a new tariff policy. The previous day, Korea Post said it will stop accepting non-document packages bound for the U.S. on [...]
SEOUL, Nov. 19 (Korea Bizwire) – In an innovative approach to tackle coffee capsule waste, South Korea’s postal service is transforming its nationwide network into a recycling infrastructure for used coffee capsules. Korea Post announced on November 18 that it has launched a nationwide collection program for used coffee capsules, following a July partnership agreement with [...]
SEOUL, Jul. 19 (Korea Bizwire) – Korea Post is commemorating 70 years of South Korean postage stamps with an innovative exhibition that blends history, art, and digital technology. The event, titled “Mirror of the Era, South Korean Stamps: Past, Present, and Future Together with Stamps,” runs until July 24 at the Nodeul Island Gallery in Seoul, [...]
SEOUL, May 7 (Korea Bizwire) – Korea Post, which operates under the Ministry of Science and ICT, will collaborate with Samsung Heavy Industries’ Geoje shipyard until the end of the year to help foreign workers in the shipbuilding industry adjust to life in South Korea, the agency announced on May 6. The postal service will provide [...]
SEOUL, Nov. 22 (Korea Bizwire) — Samsung Life Insurance Co., South Korea’s top life insurer, said Monday that it has agreed to launch a joint investment fund with the state-run postal agency for overseas investments. In a preliminary deal signed with Korea Post, Samsung Life Insurance said that they will launch the joint investment fund [...]
SEOUL, Oct. 28 (Korea Bizwire) — Korea Post said Wednesday it has tested a self-driving mail delivery vehicle, joining the country’s race to introduce unmanned delivery services. The agency said it tested the vehicle, developed by PostCube Co., a local automatic postal service developer, at the Korea University Sejong Campus in the central city of [...]
SEOUL, Sept. 3 (Korea Bizwire) — South Korea’s postal service operator Korea Post announced that a new bill will be submitted to the National Assembly which allows for individuals authorized to use and profit from postal assets to re-lease them to a third party. This bill considers the rising sublease demand driven by the expansion [...]
SEOUL, July 20 (Korea Bizwire) — South Korea’s mail volume fell at the biggest-ever pace in the first half of the year as the coronavirus outbreak sharply reduced demand, data showed Monday. Mail volume in Asia’s fourth-largest economy came to 1.59 billion pieces during the January-June period, down 8.9 percent from a year earlier, according [...]