Kim Jong Un’s big plan to grow North Korea’s economy faces harsh reality
SEOUL, Jan 10, 2021, Reuters. Kim Jong Un’s ambitious new plan for the next five…
South Korea
The Republic of Korea is an economy of 51 million people and one of the 12 founding members of APEC. In 1989, Korea’s real GDP stood at USD 330 billion, and its real per capita GDP was USD 7,700. By 2016, its real GDP had risen to USD 1.3 trillion, while its per capita GDP more than tripled at USD 25,000.
[Analytics] Why N. Korea’s Mount Kumgang resort will be ‘envied by the world’
North Korea is not shy when it comes to hyperbole – its leaders are “supreme”,…
Seoul to ban gatherings larger than 4 as Covid-19 deaths rise
SEOUL, Dec 21, 2020, CBC. South Korea’s capital Seoul and surrounding areas banned gatherings of…
North Korea to redevelop Mount Kumgang resort
PYONGYANG, Dec 20, 2020, Al Jazeera. Pyongyang plans to redevelop its flagship Mount Kumgang tourist…
S. Korea’s award-winning filmmaker Kim Ki-duk dies from Covid-19 in Latvia
SEOUL, Dec 11, 2020, Yonhap. Kim Ki-duk, an internationally acclaimed filmmaker, died from COVID-19 complications…
No reset in sight for US-China relations: Economist
BEIJING, Dec 10, 2020, CNBC. Hope is fading for a significant change in U.S.-China relations…
[Analytics] Even N. Korea and Kim Jong Un have found this an odd year
On Jan 1 this year, the Workers’ Party of Korea published a report on its…
S. Korea’s govt buildings to have AI face recognition
SEOUL, Dec 7, 2020, Yonhap. A new access control system utilizing artificial intelligence (AI) face…
PM Moon expects Seoul’s diplomacy to capitalize on its soft power
SEOUL, Dec 2, 2020, Yonhap. President Moon Jae-in said Wednesday that South Korea’s soft power,…
Korean cars find few takers in Southeast Asia, sustained by Vietnam market
HANOI, Dec 1, 2020, VN Express. Out of 185,595 South Korean cars sold in Southeast…
S. Korea’s 5G users near 10 million in October
SEOUL, Nov 30, 2020, Yonhap. South Korea’s number of 5G users reached nearly 10 million…
Chinese foreign minister touts ‘robustness’ and ‘vitality’ of S. Korea-China ties
SEOUL, Nov 25, 2020, Yonhap. Chinese Foreign Minister Wang Yi held talks with South Korean…