Feb 14, 2016

Pyongyang took 70% of Kaesong workers' wages, Seoul says

South Korea on Sunday defended its decision to pull out abruptly from an inter-Korean industrial zone, claiming 70 percent of wages for North Korean workers were for years used to fund Pyongyang’s nuclear and missile development.Seoul on Wednesday announced it would withdraw from the ...

/ Jan 10, 2014

Focusing on the business of Korean reconciliation


Despite its flaws, including an Orwellian feel, the Kaesong Industrial Complex, a joint venture of the North and South Korean government, helps to build an environment of collaboration. Pyongyang's recent announcement that it will open another 14 special economic zones is a positive development.

Jul 10, 2013

Two Koreas postpone reopening factory park

South Korea said talks with North Korea on reopening a jointly run industrial estate ended without agreement Wednesday, but that the two sides had agreed to meet again next week.South Korean businesses earlier in the day inspected factories at the Kaesong industrial park for ...