Northeast Asia Archives | Be Korea-savvy

Moon Discusses Energy, Infrastructure, Agriculture in Address at EEF

VLADIVOSTOK, Sept. 7 (Korea Bizwire) — President Moon Jae-in on Thursday proposed expanding economic cooperation between South Korea and Russia in a wide range of areas, including energy, infrastructure and agriculture, noting those projects might set an example of co-prosperity for isolated North Korea. In his address to the third Eastern Economic Forum (EEF) in [...]

Beijing Confiscates Lotte Mart Generators, Auctions Them Off, Keeps the Returns

SEOUL, Aug. 24 (Korea Bizwire) — According to the “Beijing Youth Daily” on August 23, a Beijing city government task force ordered the removal of Lotte Mart generators in Juixianqiao and Yangqiao on the grounds of excessive energy use last year. To add insult to injury, the Beijing paper reported that the city had recently [...]