Ordering food and receiving it inside your car without reaching for a wallet is the latest fad in the auto industry. Hyundai Motor and Kia Motors last year introduced “Car Pay” which allows drivers to pay for gas and parking by tapping on a touchpad in their vehicles. It became a popular form of contactless payment as the pandemic drew on. Renault Samsung Motors unveiled an in-car payment syste...

Hyundai Motor’s luxury brand Genesis unveiled on Thursday the GV60, its first electric car based on its exclusive EV-dedicated modular platform. The coupe-style crossover SUV is fitted with a 77.4 kilowatt-hour battery and can travel up to 451 kilometers on a single charge, the automaker said in a statement. Priced at between 60 and 70 million won ($50,570-$59,000), the GV60 comes in three t...

The government said Wednesday that it would try to freeze utility fees until the end of this year in an effort to stabilize prices amid rising costs for raw materials such as oil. The Finance Ministry said there had been no talk of raising railroad and road fees, which include train fares, highway tolls, intercity and express bus fares, and wholesale regional water supply costs. “While ra...

Luis Chavit Singson, chairman of the Philippines’ LCS Group of Companies, sees a lot of business potential on South Korea’s eastern coast, having recently committed $100 million investment in a residential, commercial and resort development project there, the group said on Sunday. LSG Group recently announced its investment by 2025 in the Mangsang District 1 development project in the East Coa...

SK Functional Polymer is a Paris-based subsidiary of petrochemical company SK Geo Centric that produces thermoplastic materials used in packaging and automotive industries. Pascal Sauvaire, chief operating officer of SK Functional Polymer, says the most important thing for the company is “to stay ahead of the curve in terms of green technology, trends and solutions.” “Recycling and the green...

Gmarket said on Thursday its global shop sales during this year’s Chuseok promotion, which ended on Tuesday, increased compared to last year’s thanks to a wider selection of items on sale and more discount coupons. Gmarket’s global shop, which sells to about 80 countries through its English and Chinese websites, said its sales of household items jumped 110 percent from the previous Mega G-Festiv...

DL Pharm Co., Ltd. donated 100,000 face masks to help Liberia overcome COVID-19. The drugmaker said it held a ceremony at the Liberian consulate in Seoul on Wednesday to mark its donation of the masks and their transportation cost to the western African country. Liberia’s honorary consul general Park Bok-woo and DL Pharm chief executive Kang Yoon-koo attended the ceremony. Liberia donated $3 m...

The government will virtually host its annual K-Safety Expo from Sept. 13-17, where about 300 local companies and state-funded agencies will showcase their products and technology. The fair is the local safety industry’s largest event, organized with pangovernmental support. It was originally planned to be held at the country’s largest convention center Kintex, just northwest of Seoul in Goyang...

Naver’s storytelling and comic platform has the greatest number of creators and users in the world. Some 6 million creators are registered with Naver Webtoon and its recently acquired Wattpad, and up to 167 million users visit the sites each month. The fact that Naver’s storytelling arm has a vast pool of creators and a global fandom appeals to top global entertainment companies with high-value ...

Global cargo airliner Atlas Air has agreed to build a freighter aircraft maintenance facility at Incheon Airport. Atlas Air signed a deal in July to set up a joint venture with Sharp Technics K to build the maintenance, repair and overhaul facility slated to open in 2025. Sharp Technics K Chief Executive Paik Soon-suk said the new facility wouldbe able to accommodate multiple wide-body aircraft...

Renault Group set up a joint venture with China’s Geely Automobile Holdings earlier this month and plans to unveil a Renault brand hybrid passenger car in China and have Renault Samsung Motors develop an eco-friendly vehicle. For the new eco-friendly car, Renault Group said it will share technologies with Lynk & Co, a Chinese-Swedish automobile brand owned by Geely. The research and development...

HDC Hyundai Development Company recently announced a number of projects to build “sustainable urban platforms” that combine residential, business, shopping and cultural facilities. The company said it aims to break ground next year to turn the Kwangwoon University Station area in Seoul’s Nowon-gu into such a space that presents “a living culture of the future.” HDC expects the residential, busi...

Five-term lawmaker Hong Joon-pyo of the main opposition People Power Party is quickly closing the gap with former prosecutor general Yoon Seok-youl in presidential preference polls as Yoon loses centrists and Hong attracts more 20-somethings. In a survey of 1,007 voters nationwide conducted on Friday and Saturday by the Korea Society Opinion Institute (KSOI) and commissioned by TBS, 20.5 percent...

Conflict between main opposition party leader Lee Jun-seok and campaigners for the party’s leading presidential contender, Yoon Seok-youl, is flaring up again as Yoon fails to control his camp. A special adviser to Yoon called on Lee to step down as chairman of the People Power Party and join the camp of Yoo Seong-min, another presidential hopeful in the party, whom Lee is close to. Min Young-s...

People aiming to be the main opposition party‘s candidate for president are busy attacking each other ahead of the primary. Rep. Hong Joon-pyo of the People Power Party has been blasting Yoon Seok-youl for his lack of experience; former legislator Yoo Seung-min and ex-chief state auditor Choe Jae-hyeong have been arguing over adding a clause in the primary rules; and former Jeju governor Won Hee...