BMW Group Korea will upgrade and relaunch its two after service mobile apps, as the carmaker bids to turn all aftersale services digital. The new BMW Plus and Mini Plus will be key platforms for the company’s digital and contactless after-sales service business, it said. With the upgrade, an expanded number of services can be reserved in real time, explained the carmaker, which includes gener...

The company went public on Aug. 11 on the tech-loaded Kosdaq market. It was a rare achievement for a firm as young as Wanted, as it usually takes around 10-12 years on average for a startup to debut on the stock market. With its successful IPO, their next goal is to expand overseas, Lee said. The company is focusing on Japan, the largest job market in Asia. While the company is drawing interest...

Malaysia will present halal products to the global audience at the upcoming Malaysia International Halal Showcase, or MIHAS, set to kick off Thursday. “We truly believe that small and medium sized Malaysian brands have the potential to become Halal champions. Through MIHAS we hope to facilitate the sourcing and selling of quality halal consumables, products and services globally,” said Dr. Halim...

Hanwha General Chemicals, the chemical affiliate of Hanwha Group, announced a new company name, “Hanwha Impact,” as it seeks to shift its identity to focus on future-oriented, green business fields. The new name reflects its new vision to “create a positive impact on humanity and the earth through technological innovations,” explained the company. To execute the vision, Hanwha Impact will incre...

Labor unions of South Korea’s largest shipping company HMM on Thursday scrapped a strike plan after reaching a new wage deal with management. HMM officials and representatives of the two unions, separately representing land-based and longshore workers, agreed to a 7.9 percent increase in wages, a bonus payment amounting to 650 percent of their monthly salary and a 2.7 percent increase in welfare...

Audi Volkswagen Korea has appointed Sacha Askidjian as the new managing director of the Volkswagen brand in Korea, the company announced Thursday. He will replace Stephan Krapp starting from Oct. 1, who will move to the company’s headquarters in Germany to take charge of pricing strategies of Volkswagen cars in Europe. Joining the Audi Volkswagen Group in 2000, Askidjian built a 10-year career ...

South Korean food catering service provider Our Home will run a cafeteria for the United States Postal Service, becoming the first Korean firm to clinch a deal from a US public institution. The company said Wednesday that its US branch won a bid to operate a cafeteria in the institution’s processing and distribution center in Los Angeles. The 1,421 square meter facility will open by the end of t...

South Korea continued to report record-shattering export results in August, data showed Wednesday, reinforcing an economic recovery almost single-handedly driven by overseas sales as domestic spending remains weighed down by the pandemic. According to the Ministry of Trade, Industry and Energy, outbound shipments jumped 34.9 percent from a year earlier to $53.2 billion last month, the best perfo...

Hyundai Motor Group’s honorary chairman Chung Mong-koo will donate 10 billion won ($8.63 million) to build a vaccine research center in South Korea, the company announced Tuesday. “I decided to donate the money to build a vaccine research center as a means to give back to everyone who supported Hyundai Motor Group,” Chung was quoted as saying in the group’s statement. “I’d like to contribute to...

SK Group Chairman Chey Tae-won filed a defamation lawsuit against a YouTube channel, saying the channel has spread false information about his private life. According to local media reports Tuesday, Chey filed a criminal complaint with the Yongsan Police Station, accusing the channel of violating slander laws. He claimed that the channel, which mainly covers the private lives of celebrities and...

Two researchers from Samsung Electronics will serve as vice presidents of working groups within a global mobile telecommunication standards organization, the company announced Monday. With the latest appointments, Samsung now has two chairs and five vice-chairs in the Third-Generation Partnership Project, a consortium of seven regional telecommunication standards organizations established to dev...

Still expensive While the prestige associated with golf may have faded away, cost still remains a hurdle for many young golfers like Jeong Deok-young, who studies at Yonsei University. He does multiple English teaching gigs, but still has to save up money for a few months to afford a round on an outdoor course. The 24-year-old uses reservation apps like Kakao Golf Reservation to search for disc...

Kolon Glotech, the car seat fabric maker under Kolon Group, plans to enter the aerospace business by forging strategic partnerships with local startups. The company said Thursday it has invested 6 billion won ($5.1 million) in Innospace, a South Korean aerospace manufacturing tech startup, to develop light-weight composite materials used in the launch vehicles of small satellites. Some products...

Samsung’s Galaxy Z Fold 3 and Galaxy Z Flip 3 officially landed in stores worldwide Friday. The company announced Friday, that it was rolling out its latest foldable smartphones series in 40 countries including South Korea, the United States, Canada, the United Kingdom and France. The products will be available in 130 countries by October, Samsung said. Presales were strong around the globe, t...

Four out of 10 workers at major South Korean travel agencies were laid off in the past two years as the ongoing pandemic battered the tourism industry. According to data from the Financial Supervisory Service on Thursday, the total number of staff members hired at six travel companies listed in the stock market dropped by 39.7 percent compared with June 2019, before the pandemic. Korea’s larges...