SEOUL, Jun. 12 (Korea Bizwire) — South Korean retailers are expressing optimism over new business opportunities in North Korea in the wake of the recent rapprochement on the Korean Peninsula as U.S. President Donald Trump and North Korean leader Kim Jong-un held a historic summit on Tuesday. After holding the talks in Singapore, the two [...]
SEOUL, Aug. 11 (Korea Bizwire) – KOMSCO (the Korea Minting and Security Printing Corporation) unveiled ‘Unification Medals’ Thursday ahead of the 71st Liberation Day, celebrated yearly on August 15. The medals come in four different types: a gold medal (62.2g gold; 5.5 million won), gold-silver medal (7.5g gold, 1kg silver; 2.97 million won), silver medal [...]
GOSEONG, Aug. 2 (Korea Bizwire) – A group of 155 scouts completed an eight-day traverse (July 25 – August 1) along the truce line that divides the two Koreas. As part of the event, which marked its 22nd anniversary this year, participating youth walked approximately 20km each day while visiting various tourist attractions located along [...]
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 [...]