Seoul, March 13 (IANS) The antitrust regulator is looking into suspected price-rigging collusion cases involving gas stations in southern regions amid volatile energy prices stemming from ongoing turmoil in the Middle East, officials said on Friday.Ju Biung-ghi, chairman of the Fair Trade Commission (FTC), made the remark at a meeting of a special government task force of ministers overseeing market prices the previous day, according to FTC officials, reports Yonhap news agency.He said several g…
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Seoul, Jan 23 (IANS) South Korean President Lee Jae Myung said Friday that public support is crucial for the government’s push for balanced regional growth, as it seeks to ease excessive concentration in the Seoul metropolitan area and foster new growth engines nationwide. Lee made the remarks as his administration is striving to develop five major regional hubs — the Seoul metropolitan area, the southeast, northeast, central and western regions — along with three special self-governing provin…
Seoul, Jan 1 (IANS) South Korean President Lee Jae Myung said on Thursday that he will actively support potential talks between North Korea and the United States this year as a “pacemaker,” adding that he will also continue to keep up facilitating ways to restore relations with Pyongyang.In an annual New Year’s speech, Lee said he “will actively support the resumption of North Korea-US talks and continue pursuing the restoration of inter-Korean relations this year.”Last year, Lee held summit tal…