SEOUL, Feb. 28 (Korea Bizwire) — The number of lost items reported in the Seoul subway system reached 152,540 in 2024, marking a 4% increase from the previous year, according to Seoul Metro’s latest report released on February 27. On average, 418 lost items were registered daily, meaning approximately one in every 61 subway passengers [...]
SEOUL, Feb. 26 (Korea Bizwire) — Hyundai Rotem Co., the train manufacturing subsidiary of South Korea’s Hyundai Motor Group, said Wednesday it has won a 2.2 trillion-won (US$1.53 billion) deal from Morocco to supply advanced trains to the North African nation. Hyundai Rotem secured the contract to supply ONCF, Morocco’s national railway operator, with double-decker [...]
SEOUL, Feb. 20 (Korea Bizwire) — Uber has introduced its corporate mobility service, Uber for Business (U4B), in South Korea, aiming to enhance business travel efficiency with seamless expense management and ride-hailing solutions. At the ‘Uber Taxi Connect Day’ event in Seoul on February 20, Uber outlined its business strategy for the year, including the launch [...]
SEOUL, Feb. 20 (Korea Bizwire) — Jamsil Station on Seoul’s Line 2 emerged as the busiest subway station in the city last year, with an average of 156,177 passengers per day, according to 2024 transit data released by Seoul Metro on February 19. The station’s high foot traffic was attributed to its role as a [...]
SEOUL, Feb. 16 (Korea Bizwire) — South Korean mobility platform Tada has filed a lawsuit against Kakao Mobility, accusing the industry giant of unfair business practices that allegedly restricted competition and harmed Tada’s operations. According to the information and communications technology (ICT) sector on February 16, Tada’s parent company, VCNC, filed the damages suit last month [...]
SEOUL, Jan. 27 (Korea Bizwire) — Subway fares in the capital area will increase by 150 won (US$0.10) to 1,550 won sometime in the first half of the year, according to the Seoul metropolitan government Monday. The hike was agreed to by the local governments of Seoul, Gyeonggi Province and Incheon, as well as the [...]
DAEJEON, Dec. 31 (Korea Bizwire) —The Korea Railroad Corporation (Korail) announced on Friday that its real-time train location service was ranked the top offering of 2024 in a public poll. The service allows passengers to track the current location and estimated arrival time of all trains on a dedicated map in real time. The poll, [...]
SEOUL, Dec. 20 (Korea Bizwire) — The average commuting time for South Korean workers is over 70 minutes per day, but those in the wider Seoul area need to spend nearly 10 more minutes each day to commute, the statistics agency said Friday. The national average commuting time came to 73.9 minutes in 2024, while [...]
SEOUL, Dec. 9 (Korea Bizwire) — The Seoul city government said Monday it will expand the operation of late-night taxis and extend the operation hours of buses until the year-end to meet the surge in demand from year-end gatherings. The city plans to supply 1,000 additional night cabs and set up temporary taxi stops in [...]
SEOUL, Dec. 6 (Korea Bizwire) — Unionized subway workers called off their planned strike Friday after a last-minute deal was reached in wage negotiations with the management. Seoul Metro, the operator of subway Lines 1 to 8 in the capital area, reached an agreement with each of its three labor unions in the early hours [...]