SEOUL, Jun. 9 (Korea Bizwire) — South Korean firms have decided to provide medical masks to North Korean workers at the inter-Korean industrial park to curb the spread of the MERS virus, a company official said Tuesday. South Korea has already installed three thermal scanners at the industrial complex in the North’s border city of [...]
SEOUL, April 30 (Korea Bizwire) — South Korea said Thursday that the volume of inter-Korean trade hit a record high in 2014 on growth in exchanges at a joint industrial complex in the North despite Seoul’s punitive sanctions on Pyongyang. The value of inter-Korean trade reached US$2.343 billion last year, up 106.2 percent from a [...]
SEOUL, March 11 (Korea Bizwire) — The controversial issue of land use fees in a joint inter-Korean factory park in North Korea is expected to add fuel to the already-growing tension between the Koreas over the project, officials said Wednesday. In November, the North’s Central Special Development Guidance Bureau in charge of the industrial complex [...]
SEOUL, July 30 (Korea Bizwire) — A famous Korean chocolate and marshmallow treat offered to North Korean workers in the North-South joint industrial complex is reportedly banned by North Korean authorities. The treat named “Choco Pie” has played an important role in spreading the Korean Wave into North Korean society with its especially sweet [...]