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Koreas Reach Deal on Land Use Fee at Kaesong Complex

Koreas Reach Deal on Land Use Fee at Kaesong Complex

SEOUL, Dec. 24 (Korea Bizwire) – South and North Korea have reached an agreement on the land use fee amount for South Korean firms operating a joint industrial park across the border, the Unification Ministry announced Thursday. The deal calls for South Korean firms at Kaesong Industrial Complex to pay US$0.64 per square meter every [...]

Photographer’s Video of N.Korean Pizzeria Going Viral

Photographer’s Video of N.Korean Pizzeria Going Viral

SEOUL, Dec.24 (Korea Bizwire) – A video clip of a pizzeria in North Korea taken by a Singaporean photographer is attracting the attention of internet users. Aram Pan from Singapore uploaded a seven-minute video clip called Ryung Song Pizza Restaurant to Youtube. The video contains footage of him and his colleagues going to the pizzeria [...]

S. Korea Rejects Bartering with N. Korea

S. Korea Rejects Bartering with N. Korea

SEOUL, Dec. 17 (Korea Bizwire) – South Korea won’t accept North Korea’s demands simply to achieve its goal of regular reunions for families separated in the 1950-53 Korean War, Seoul’s point man on Pyongyang said Thursday. Unification Minister Hong Yong-pyo was referring to Pyongyang’s demand that the two sides resume a long-stalled tour program to [...]

China Tightlipped on Canceled Concert by N. Korean Music Band

China Tightlipped on Canceled Concert by N. Korean Music Band

SEOUL, Dec. 14 (Korea Bizwire) – China’s foreign ministry Monday said “communication issues at the working level” triggered the sudden cancellation of a well-publicized concert by an all-female band formed by the North’s leader Kim Jong-un. But, it gave little away on what the “communication issues” were, why the concert by North Korea’s Moranbong Band, [...]

N. Korean All-female Band’s Performance in Beijing Abrubtly Canceled

N. Korean All-female Band’s Performance in Beijing Abrubtly Canceled

BEIJING, Dec. 12 (Korea Biwire) – Performances by North Korea’s all-female propaganda band in Beijing were canceled, an official at a Chinese theater where it was to perform said Saturday, with members of the band abruptly heading back to Pyongyang. The Moranbong Band had been scheduled to perform for three days in Beijing from Saturday, [...]

North Korea’s 3 Kims Dance to Psy’s New Song

North Korea’s 3 Kims Dance to Psy’s New Song

SEOUL, Dec.9 (Korea Bizwire) – A parody video of North Korea’s founding father Kim Il-sung, the late leader Kim Jong-il and current leader Kim Jong-un dancing is gaining popularity on YouTube. The 25 second long video clip named ‘I got it from my ABAY (meaning ‘father’ in North Korean)’ had reached 171,013 views as of [...]