Daily Archive: October 4, 2021

22 firms fined 10.4 bln won for price fixing

SEOUL– South Korea’s antitrust regulator said Monday it has decided to fine 22 companies a combined 10.4 billion won (US$8.8 million) for colluding to fix prices over projects to set up firefighting equipment.Johnson Controls Korea and 22 firms collud…

Hyundai Glovis to expand its presence in eco-friendly business

SEOUL– Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said Monday that it will beef up its eco-friendly business, including hydrogen transportation and electric vehicles (EV) battery recycling.Under the new business branded ECOH, the com…

‘Squid Game’ all the rage in Paris

PARIS– A pop-up store for Netflix’s original Korean series “Squid Game” opened up in France over the weekend, attracting fans in Europe.The pop-up store, set up at a cafe in Paris’ 2nd arrondissement, ran from Saturday to Sunday and allowed visitors t…

NORTH AND SOUTH KOREA RESTORE CROSS-BORDER HOTLINE

North and South Korea have restored their cross-border communication, with officials exchanging their first phone call Monday after dropping them in August.The restoration comes just days after Pyongyang sparked international concern with a string of m…

SOUTH KOREA AMBASSADOR VISITS BAALBEK

Ambassador of the Republic of South Korea to Lebanon, Young Dae Kwan, visited Baalbek on Monday and held talks with the city’s municipal council, chaired by Fouad Blouk, over an array of development-related projects. During the meeting, the diplomat hi…

DPRK decides to restore all inter-Korean communication lines

The Democratic People’s Republic of Korea (DPRK) decided to restore all the north-south communication lines starting from 9:00 a.m. on Monday, according to the official Korean Central News Agency, Trend reports citing Xinhua.The report said the decisio…