SEOUL, Aug. 29 (Korea Bizwire) — The head of the National Intelligence Service stated yesterday that the ultimate goal of denuclearizing North Korea would involve removing all of its nuclear weapons. According to lawmakers Kim Min-gi of the Democratic Party of Korea and Lee Eun-jae of the Liberty Korea Party, Suh Hoon, the current director [...]
SEOUL, Aug. 27 (Korea Bizwire) — North Korea appears to have tried to mine cryptocurrencies on a small scale as transactions of such coins are hard to trace and could be easily used to launder real money, a local report showed Monday. The report, compiled by a research unit of South Korea’s state-run Korea Development [...]
MOUNT KUMGANG, North Korea, Aug. 20 (Korea Bizwire) — Hundreds of South and North Koreans torn apart by the 1950-53 Korean War met for the first time in over six decades in a tearful, long-dreamed-of family reunion on Monday. Eighty-nine South Koreans, mostly in their 70s and older, met about 180 long-separated family members, including [...]
SEOUL, Aug. 13 (Korea Bizwire) – According to a new survey, only 2 out of 10 children and young adults think that unification between South and North Korea is necessary. This is according to the National Youth Policy Institute, which surveyed 1,392 students in middle school grades 1 to 3 and high school students in [...]
SEOUL, Aug. 8 (Korea Bizwire) — With the 18th Asian Games in Jakarta-Palembang to feature a joint delegation from both Koreas, South Korean athletes participated in a special information session that discussed the precautionary guidelines on how to behave around North Koreans. On August 7, South Korean athletes held an inaugural rally before receiving instruction [...]
SEOUL, Aug. 6 (Korea Bizwire) — Baek, a 101-year-old male, was found to the be oldest member of the South Korean delegation that will be will be meeting long-lost family members living in North Korea at the inter-Korean family reunions to be held between August 20 and 26 at Mt. Kumgang. From August 20 to [...]
SEOUL, Aug. 1 (Korea Bizwire) — According to a new survey, 8 out 10 Koreans think that South and North Korea will eventually become a unified nation in the long run. Most of the individuals surveyed said that the first thing that the South Korean government should do, in terms of its policy on North [...]
SEOUL, Jul. 25 (Korea Bizwire) — A number of local companies that operated factories situated in the Kaesong Industrial Complex are relocating to Vietnam and other countries after being unable to deal with rising labor costs. According to the association of companies that has production facilities in Kaesong, of the 123 companies that operated factories [...]
SEOUL, Jul. 17 (Korea Bizwire) — South Korea and North Korea will try to continue their peacemaking mood through sport by sending joint teams to the 2018 Asian Games in Indonesia. The Koreas agreed to field joint teams in three sports — basketball, canoeing, and rowing — at this year’s Jakarta-Palembang Asian Games, which will [...]
SEOUL, Jul. 11 (Korea Bizwire) — Following formal approval by the government, feature films produced in North Korea will be screened at the 22nd Bucheon International Fantastic Film Festival (BIFAN) to be held for ten days starting tomorrow. Festival organizers included the special screening of nine North Korean films following the conciliatory mood of the [...]