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 [...]
SEOUL, May 29 (Korea Bizwire) — Instead of going to a local post office to send a parcel, South Koreans will soon be able to go to an autonomous postal vehicle that makes its way around town for parcel shipping. The Ministry of Science and ICT and Korea Post announced Thursday that it will begin [...]
SEOUL, May 25 (Korea Bizwire) — Korea Post, which is in charge of postal service under the Ministry of Science and ICT, said Sunday it will launch a long-term missing child search campaign dubbed “Hope Tape” starting on Monday to mark International Missing Children’s Day. The campaign is part of a partnership between the Korean [...]
SEOUL, Dec. 31 (Korea Bizwire) — Mail carriers working in rural areas will be entitled to enjoy a five-day workweek starting next year. Korea Post, South Korea’s state-run postal service operator, decided to outsource parcel deliveries to local private businesses to reduce the burden on mail carriers stationed in rural areas. In areas where outsourcing [...]
SEOUL, Oct. 23 (Korea Bizwire) — A new study has revealed that letter carriers in South Korea work 693 hours more than other wage laborers every year, raising concerns that they are more susceptible to chronic diseases and accidents. Staff and union representatives from Korea Post and other experts held a press conference on Monday [...]
SEOUL, Jul. 19 (Korea Bizwire) — SK Energy and Korea Post have agreed to work together on future joint projects that would involve the sharing of resources. At SK Energy’s head office in Jongno-gu, Seoul, the two parties signed an MOU yesterday that would allow both sides to share each other’s assets to create further [...]
SEOUL, April 4 (Korea Bizwire) — A number of post offices in South Korea will provide coding courses for free. Korea Post said on Tuesday that select post offices across the country will participate in its ‘Small University’ scheme, including Sangam Digital Post Office, Anyang Mail Center, Jochiwon Post Office, Gwangju Chungjangno Post Office, Busan Gupo-dong [...]