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S. Korean Inspection Team Set to Visit N. Korean Venues for Joint Olympic Events

S. Korean Inspection Team Set to Visit N. Korean Venues for Joint Olympic Events

SEOUL, Jan. 23 (Korea Bizwire) — A South Korean delegation is set to travel to North Korea on Tuesday to inspect the venues where the two Koreas will hold joint cultural and sports events to celebrate the upcoming 2018 PyeongChang Winter Olympics. The visit by 12 officials follows a North Korean team’s two-day stay in [...]

Seoul to Compensate Businesses Affected by Suspended Inter-Korean Projects

Seoul to Compensate Businesses Affected by Suspended Inter-Korean Projects

SEOUL, Nov. 10 (Korea Bizwire) – South Korea said Friday it will provide more compensation to domestic companies for their losses stemming from investments in inter-Korean projects which have now been suspended due to political tension. The support will be given to those involved in the joint industrial complex in Kaesong closed in 2016, the [...]