SEOUL, May 15 (Korea Bizwire) — South Korea’s state resources developers are gearing up for potential inter-Korean projects amid growing hopes for economic cooperation with North Korea following a landmark summit, sources said Tuesday. At the end of the historic summit in late April, the leaders of South and North Korea adopted a joint declaration [...]
SEOUL, May 13 (Korea Bizwire) — A number of firms are making inquiries about the now-shuttered joint industrial complex in North Korea’s border city of Kaesong, industry sources said Sunday, as the two Koreas move to implement a set of agreements signed during their leaders’ historic summit last month. According to the insiders from a [...]
SEOUL, May 10 (Korea Bizwire) — “Those who go against the Dignity of the Supreme Leadership will not be able to avoid ruthless punishment.” This is an excerpt from one of North Korea’s media propaganda reports. As such, the “Dignity of the Supreme Leadership” refers to North Korean leader Kim Jong Un, and is indicative [...]
SEOUL, May 1 (Korea Bizwire) — A shift in the government’s Northern Economic Cooperation policy is expected as economic cooperation between the two Koreas seems more likely to materialize following the adoption of the Panmunjom Declaration. The Ministry of Trade, Industry and Energy has initiated internal assessments to prepare for a new age of inter-Korea [...]
SEOUL, May 1 (Korea Bizwire) — It was revealed on Monday that North Korean leader Kim Jong Un had proposed basketball matches between North and South Korean teams to South Korean President Moon Jae-in as efforts to initiate cultural exchange between the two countries. An insider at the Blue House said that this was mentioned [...]
SEOUL, May 1 (Korea Bizwire) — The South Korean government has asked activists to refrain from sending anti-North Korea leaflets into the demilitarized zone from May 1 onwards in accordance with the North-South summit agreement. On Monday, the Ministry of Unification stated that it had asked civic groups to stop releasing the leaflets that afternoon. [...]
SEOUL, Apr. 30 (Korea Bizwire) — Following the inter-Korea summit on Friday, sentiments reflecting hopes of peace in the Korean peninsula are pouring out from the public. The government’s social media accounts as well as the public forum on the Blue House website were flooded with posts that reflected the rosy expectations of unification. As [...]
SEOUL, April 27 (Korea Bizwire) – The two Koreas have agreed to jointly participate in international sports competitions, including the 2018 Asian Games, following their historic summit on Friday, raising expectations of unified teams at upcoming events. The agreement was part of a joint declaration issued after South Korean President Moon Jae-in and North Korean leader Kim Jong-un held their monumental summit earlier in the [...]
GOYANG, South Korea, April 27 (Korea Bizwire) – Ri Sol-ju, the wife of North Korean leader Kim Jong-un, crossed the border in the Demilitarized Zone into South Korean territory Friday to attend a summit dinner hosted by South Korean President Moon Jae-in. Upon her arrival at the truce village of Panmunjom at 6:15 p.m., she [...]
SEOUL, April 27 (Korea Bizwire) – It’s been announced that South Korean President Moon Jae-in and North Korean leader Kim Jong-un will be slurping up cold noodles made by an exceptional cook from Pyongyang in their banquet later in the evening as part of Friday’s historic summit. But some South Koreans were hours ahead of them as they scrambled [...]