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IBM, HP find North Korean gold in their supply chains
Almost 70 companies publicly traded on U.S. stock markets have found North Korean gold in their manufacturing supply chains. Among the more prominent names are electronics companies IBM, HP, Garmin, Philips and Seagate, U.S. kitchenware retailer Willams Sonoma. The discoveries were disclosed in reports to the U.S. Securities and Exchange Commission that are the result of a new…
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Spring International Trade Fair doubles in size
The 17th annual Pyongyang’s Spring International Trade Fair was held last week and attracted around 300 companies, according to domestic media reports. The 2014 fair appears to have significantly grown in size from 140 companies in 2013 and for the first time occupied two halls at the Three-Revolution Exhibition House: the New Technology Innovation Hall…
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Construction begins on Kaesong tech zone
North Korea began construction this week on a new industrial zone in Kaesong that it hopes will attract high-tech companies. The ground-breaking ceremony for the Kaesong Hi-Tech Industrial Park took place on Monday, less than a month after three foreign companies signed a deal with the government to work on design and construction of the…
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High-tech industrial park planned for Kaesong
The North Korean government appears to be planning a high-tech industrial park close to the current industrial park at Kaesong, on the North-South border. No official announcement of the project had been made, but on Thursday the state-run Korean Central News Agency said several foreign companies would be investing on such a park. The companies…
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Pyongyang mourning at Hana Electronics
Hana Electronics and the Hana Music Information Center, one of the last places reported to have been visited by Kim Jong Il before his death, was one of the locations used on Thursday to mourn his passing. State TV pictures showed a crowd that appeared to be at least in the thousands standing outside the building…
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Kim Jong Il visits ‘LCD TV factory’
North Korean state media has reported on a visit by Kim Jong Il to the “May 11 Factory,” which it described as “a modern scientific research and production center which researches and develops varieties of electronic goods including liquid crystal display TV sets.” The KCNA report mentioned the LCD televisions several times and was accompanied…
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Pyongyang Spring Int’l Trade Fair 2011
This year’s Spring International Trade Fair is taking place in Pyongyang this week. As usual, the fair serves as a showcase for domestic products and technology and a place for foreign companies to display their goods and make domestic contacts. This week’s fair has drawn companies from China, Germany, Malaysia, Mongolia, Syria, Switzerland, Singapore, the…
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PUST adds 100 students
The Pyongyang University of Science and Technology enrolled an additional 100 students at the start of the current academic semester, according to a foundation that supports the school. The first classes at PUST began in October 2010 with 160 students enrolled, said reports at the time. The latest intake will take the student body to…
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Pyongyang Int’l Trade Fair
The 6th Pyongyang International Trade Fair kicked off on Oct. 18 and was covered by KCNA and Korea Central Television. The event is being held at the Three Revolution Exhibition in Pyongyang and has attracted exhibitors from 17 countries. On show are “machine tools, electric and electronic equipment, vehicles, medicines, daily necessities and foodstuffs,” reported…
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6th Pyongyang Autumn Int’l Trade Fair Opens
Pyongyang, October 18 (KCNA) — The 6th Pyongyang Autumn International Trade Fair was opened with due ceremony at the Three-Revolution Exhibition on Monday. Displayed there are machine tools, electric and electronic equipment, vehicles, medicines, daily necessities, foodstuff, etc produced by companies of the DPRK, China, Germany, Russia, Malaysia, Mongolia, Syria, Switzerland, Singapore, Australia, Austria, Italy,…
