SEOUL, Apr. 8 (Korea Bizwire) — South Korea placed its second military spy satellite in space Monday to beef up its space-based surveillance of North Korea and deter its nuclear and missile threats amid Pyongyang’s own push to launch more satellites. SpaceX’s Falcon 9 rocket launched the reconnaissance satellite from the John F. Kennedy Space [...]
SEOUL, Apr. 5 (Korea Bizwire) — North Korea has been ramping up preparations for an art festival celebrating the 112th birthday of late founder Kim Il-sung this month, with art troupes from Russia, China and Mongolia expected to participate in the event, state media reported Friday. North Korea is preparing to hold the 33rd April [...]
SEOUL, Mar. 29 (Korea Bizwire) — North Korea has been accelerating a project to construct regional factories, with mobilized troops completing excavation work so that modernized factories can be built, state media reported Friday. Ordered by its leader Kim Jong-un, North Korea kicked off a project last month to build modernized factories in 20 counties [...]
SEOUL, Mar. 27 (Korea Bizwire) — North Korea said Wednesday it will hold an international arts festival next month on the occasion of the 112th birth anniversary of the country’s late founder Kim Il-sung. Overseas troupes have sent videos of their prerecorded performances, which will be edited and broadcast on television and online, the Korean [...]
SEOUL, Mar. 27 (Korea Bizwire) — Unification Minister Kim Yung-ho on Wednesday condemned North Korea’s abduction and detention of South Korean nationals as an “inhumane” act, vowing the government’s utmost efforts to resolve the urgent issue. Kim made the remarks during a meeting with family members of the South Korean victims and chiefs of related [...]
SEOUL, Mar. 26 (Korea Bizwire) — The Navy held a remembrance ceremony Tuesday for sailors who were killed during the 2010 sinking of the Cheonan corvette by a North Korean torpedo attack in the Yellow Sea. The 1,200-ton warship sank near the western Northern Limit Line (NLL), a de facto inter-Korean sea border, in March [...]
WASHINGTON, Mar. 25 (Korea Bizwire) — The United States on Monday reiterated the importance of dialogue with North Korea, after Pyongyang claimed Japanese Prime Minister Fumio Kishida has expressed his intention for a summit with North Korean leader Kim Jong-un. Kim Yo-jong, the influential sister of the North Korean leader, said that Kishida recently made [...]
SEOUL, Mar. 15 (Korea Bizwire) — The unification ministry said Friday it has started discussions to draw up a new vision for unification between South and North Korea as it pushes to unveil the blueprint this year that espouses the principle of freedom. The Unification Future Planning Committee, an advisory committee launched last year designed [...]
SEOUL, Mar. 11 (Korea Bizwire) — North Korea has begun the construction of factories in more than 10 counties, state media reported Monday, as leader Kim Jong-un called for the development of backward provinces to bolster the regional economy. The country held a series of the groundbreaking ceremonies for the construction of the regional industrial [...]
SEOUL, Mar. 8 (Korea Bizwire) — The unification ministry said Friday it will draw up a new vision for unification between the two Koreas to include the principle of liberal democracy amid North Korea’s vow not to seek unification with the South. The government earlier said it plans to update the National Community Unification Formula, [...]