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The longer the current Kaesong Industrial Complex (KIC) shutdown persists, the greater the risk that enterprises operating there will be forced to close their doors.Tenant companies have already reduced workforces to skeleton staffing levels; in addition, reduce..
[2013-04-03 21:12] |
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The situation at the Kaesong Industrial Complex (KIC) grew tense today after North Korea prohibited entry for South Korean goods and personnel. In the morning, 484 South Korean workers who had been scheduled to enter were turned away. Though exiting the compl..
[2013-04-03 19:50] |
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Pak Pong Ju’s re-emergence as North Korea’s Cabinet prime minister has again raised hopes in the defector community that improved economic conditions in the North could be around the corner. This is a reflection of Pak’s presence during the implementation of prev..
[2013-04-02 20:09] |
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President Park Geun Hye has forcefully reaffirmed South Korea’s resolve to respond should North Korea do anything that could endanger South Korea or South Korean lives."The reason why the military exists is to protect the country and people from threats. If any pro..
[2013-04-01 18:50] |
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It has been confirmed that mobile Internet services for foreign tourists in North Korea were recently suspended, just a month or so after being launched. An official from ‘Koryolink’, the monopoly mobile Internet service provider in North Korea, recently revealed..
[2013-03-29 19:36] |
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Despite all Pyongyang’s provocative rhetoric, North Korea is working hard behind the scenes at the same time to try and generate greater tourist revenue.According to a diplomatic source, North Korea recently dispatched Kim Do Jun, the director of the country’s tou..
[2013-03-28 20:47] |
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The U.S. deployed two B-2 Spirit strategic bombers over the Korean Peninsula during military exercises earlier on Thursday. A military source revealed that the B-2s struck a virtual target on a shooting range in southwestern South Korea before returning to ba..
[2013-03-28 20:18] |
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Speaking by phone earlier today, the defense ministers of South Korea and the United States moved to reaffirm that they will respond strongly to any provocation from North Korea.South Korean Minister of National Defense Kim Kwan Jin and U.S. Secretary of D..
[2013-03-28 19:17] |
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North Korea declared today that it is cutting off all inter-Korean military communication lines and suspending the activities of communication liaison offices. According to Chosun Central News Agency, the North Korean officer who delivered the message by teleph..
[2013-03-27 20:22] |
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