PYEONGYANG, Mar. 19 (Korea Bizwire) — Just like in Seoul, a bike sharing service is the hottest trend in Pyeongyang. According to the Choson Sinbo, a North Korean newspaper, a bike sharing service is currently being trialed in the North Korean capital, with a total of five rental stations in operation on Kwangbok Street. Another local [...]
SEOUL, Mar. 19 (Korea Bizwire) — The two Koreas’ joint development of North Korean major mines, if implemented, is expected to create more than 90,000 jobs in the two Koreas annually, a report by a private think tank showed Sunday. The Seoul-based North Korea Resource Institute issued a report on the prospect of potential inter-Korean [...]
SEOUL, March 9 (Korea Bizwire) – President Moon Jae-in on Friday hailed the agreed-upon summit between U.S. President Donald Trump and North Korean leader Kim Jong-un as a “historic milestone” for peace on the Korean Peninsula. Moon made the remark through his spokesman Kim Eui-kyeom after Trump agreed to meet with the North’s leader by [...]
GANGNEUNG, South Korea, March 7 (Korea Bizwire) – Oh Joon, former South Korean Ambassador to the United Nations, said Wednesday he believes North Korea’s participation in the PyeongChang Winter Paralympics can be an opportunity to improve the rights of disabled people. Oh, who served as South Korean representative to the U.N. from 2013 to 2016, made his remarks at the Korea Paralympic Committee International [...]
SEOUL, March 2 (Korea Bizwire) — North Korea is believed to have raked in more than US$200 million via digital cryptocurrency transactions last year amid international sanctions over its nuclear and missile programs, a U.S. broadcaster reported Friday, citing a former U.S. National Security Agency (NSA) cyber security official. The North is estimated to have [...]
SEOUL, Feb. 28 (Korea Bizwire) — North Korea has been providing Syria with materials that can be used to manufacture chemical weapons, according to multiple news reports Wednesday based on a U.N. probe. The supplies include acid-resistant tiles, valves and thermometers, the New York Times said. It cited an unreleased document compiled by the U.N. [...]
SEOUL, Feb. 26 (Korea Bizwire) – The government on Monday dismissed reports of a possible dispute with North Korea at the PyeongChang Winter Olympic Games, which was evident to some in the separate entry of their athletes at the closing ceremony, saying there had been no plans for a joint entry in the first place. [...]
GANGNEUNG, Feb. 26 (Korea Bizwire) — South Korea women’s ice hockey players on Monday bid a teary farewell to their North Korean teammates on the unified Korean team for the PyeongChang Winter Olympics, a day after they marched in together at the closing ceremony. The historic joint hockey team — the first unified Korean squad [...]
SEOUL, Feb. 23 (Korea Bizwire) — South Korean companies that operated factories at the now-shuttered joint industrial park in North Korea will ask the Seoul government next week to travel to the border city of Kaesong to inspect their facilities, a private task force representing the firms said Friday. They will submit the application to [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea’s unification ministry said Tuesday that it has no information about speculation that North Korean leader Kim Jong-un’s younger sister is pregnant with her second child. Such speculation arose as her belly covered by a coat appeared to protrude when she visited South Korea from Feb. 9-11 as [...]