Beijing drug store fined for hiking price of masks

STR / AFP

A drug store in Beijing has been slapped with a 3 million yuan (AED 1,596,028) fine for hiking the price of face masks amid the coronavirus outbreak.

According to the city's municipal market regulator, Beijing Jimin Kangtai Pharmacy increased the price of N95 masks by almost six times the original.

Officials said they've stepped up inspections and have investigated 31 cases of price violations since January 23. 

The coronavirus outbreak, which started in the Chinese city of Wuhan, has killed 132 people and infected nearly 6,000 in the country.

More from International News

News

  • UAE intercepts 9 ballistic missiles, 109 drones

    The UAE air defences said it has intercepted 9 ballistic missiles detected in the region on Friday. Of the 112 drones detected, 109 were intercepted with 3 falling within the country's territory.

  • H.H. Sheikh Mohammed introduces new public safety law

    His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, issued a new law on Friday, aimed at strengthening public safety across Dubai, setting out stricter standards for venues, events and public spaces.

  • Malaysia’s PM condemns Iranian attack in call with UAE President

    UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Malaysian Prime Minister Anwar Ibrahim discussed, on Friday, the latest developments in the region and the escalating military action that threatens regional and international security and stability.