Hyundai Asan Archives | Be Korea-savvy
Hyundai Asan Devastated over Destruction of Inter-Korean Joint Liaison Office

Hyundai Asan Devastated over Destruction of Inter-Korean Joint Liaison Office

SEOUL, June 18 (Korea Bizwire) – Staff members at Hyundai Asan Corp., the company that pioneered inter-Korean commercial ties, let out a long sigh when the liaison office building was destroyed by North Korean authorities on Wednesday. Hyundai Asan received 10 billion won (US$8.2 million) to renovate the inter-Korean liaison office in Sept. 2018. The [...]

Hyundai Asan Gets Green Light From Seoul to Contact N.K. Over Memorial Service

Hyundai Asan Gets Green Light From Seoul to Contact N.K. Over Memorial Service

SEOUL, July 19 (Korea Bizwire) – South Korea’s Unification Ministry on Wednesday approved Hyundai Asan Corp.’s bid to contact North Korea as the company seeks to visit the North next month to mark the anniversary of the death of its former chairman. The operator of the now-suspended inter-Korean tour to Mount Kumgang on North Korea’s [...]

Hyundai Asan Seeks Governmnet Approval to Visit North Korea for Memorial Service

Hyundai Asan Seeks Governmnet Approval to Visit North Korea for Memorial Service

SEOUL, July 18 (Korea Bizwire) – Hyundai Asan Corp. on Tuesday asked the government to give permission to visit North Korea next month to mark the anniversary of the death of its former chairman, the company said. The memorial service for Chung Mong-hun, who spearheaded the now-suspended inter-Korean tour program in the North, had been [...]

Hyundai Subsidiary Introduces New Carbonated Water Product Line

Hyundai Subsidiary Introduces New Carbonated Water Product Line

SEOUL, July 29 (Korea Bizwire) – Hyundai Group subsidiary Hyundai Asan, which once served as a model of North and South Korean economic cooperation, is making a move into the carbonated water business. Hyundai Asan was established in 1999 specifically for economic projects with North Korea, starting with the Mount Kumgang Tourist Region. But with the [...]