Tag: Korea

South Korea upgrades Incheon duty-free zone

South Korea says it will expand the duty-free zone at Incheon International Airport near Seoul as part of the government’s effort to turn the gateway into a logistics hub for Northeast Asia. Officials say construction on a customs-free area due for completion next year. An additional 10 million square-feet will also be designated as part of the duty-free zone “as early as in February,” a spokesman at the Ministry of Construction and Transportation said.

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DHL wins logistics contract with HP Korea

DHL’s logistics division has been awarded a four-year contract with Hewlett Packard Korea. The contract covers HP’s entire product range in Korea, including PCs and related equipment. According to DHL Danzas Air & Ocean, the contract is particularly significant since it sees the implementation of the next-generation HP MUJU online logistics platform. The new one-stop platform enables paperless, online sharing of information between HP and their logistics supplier.

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Korea Post and TPG join forces in strategic co-operation

The Postal Service of the Republic of Korea (Korea Post) and mail, express
and logistics company TPG N.V. today announced that they have signed a
Memorandum of Understanding (MOU) that will provide the foundation for a
broad strategic co-operation. This builds upon the successful partnership in
international express between Korea Post and TPG that was entered into in
2001.

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Korea Post and TNT Post Group set up alliance

Korea Post, South Korea’s postal service operator, said Monday it has signed a strategic partnership with TNT Post Group NV, the Dutch logistics and postal company.

The deal is part of Korea Post’s plan to expand its foreign parcel delivery service, the state postal service operator said in a statement.

Korea Post hopes to use its partnership with TNT Post Group as a foothold for its other overseas businesses.

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North Korea promises secure E-mail service

North Korea, an isolated country known for its totalitarian control on information, has begun international e-mail service that “guarantees the privacy of correspondence,” an official news report said.

The new e-mail service is provided by Pyongyang’s International Communications Center, according to its official Korean Central News Agency.

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