Taep'oong International Investment Group Of Korea
The Taep'oong International Investment Group of Korea is a Pyongyang-based North Korean company established by the National Defence Commission of North Korea. It officially manages the oversea investments to North Korea. Three of the seven members of board of directors were Kim Jong-il's personal financial managers. Activities *Pak Chŏlsu, the head representative of Taep'oong provided 10 investors from Hong Kong a tour to the Kaesong Industrial Region in May 2010. *Despite the ongoing tension, the Taep'oong has proposed a co-operative solution to the remaining assets of South Korean Hyundai's Mount Kumgang Tourist Region The Mount Kumgang Tourist Region is a special administrative region of North Korea. It was established in 2002 to handle South Korean tourist traffic to Mount Kumgang (Diamond Mountain). It was one of the symbols of the South Korean Sunshine Pol ... in North Korean territories. References Financial services companies of North Korea Government-owned ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pyongyang
Pyongyang (, , ) is the capital and largest city of North Korea, where it is known as the "Capital of the Revolution". Pyongyang is located on the Taedong River about upstream from its mouth on the Yellow Sea. According to the 2008 population census, it has a population of 3,255,288. Pyongyang is a directly administered city () with equal status to North Korean provinces. Pyongyang is one of the oldest cities in Korea. It was the capital of two ancient Korean kingdoms, Gojoseon and Goguryeo, and served as the secondary capital of Goryeo. Much of the city was destroyed during the First Sino-Japanese War, but it was revived Korea under Japanese rule, under Japanese rule and became an industrial center. Following the establishment of North Korea in 1948, Pyongyang became its ''de facto'' capital. The city was again devastated during the Korean War, but was quickly rebuilt after the war with Soviet Union, Soviet assistance. Pyongyang is the political, industrial and transport ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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North Korea
North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korea, Korean Peninsula and shares borders with China and Russia to the north, at the Yalu River, Yalu (Amnok) and Tumen River, Tumen rivers, and South Korea to the south at the Korean Demilitarized Zone. North Korea's border with South Korea is a disputed border as both countries claim the entirety of the Korean Peninsula. The country's western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. North Korea, like South Korea, its southern counterpart, claims to be the legitimate government of the entire peninsula and List of islands of North Korea, adjacent islands. Pyongyang is the capital and largest city. In 1910, Korean Empire, Korea was Korea under Japanese rule, annexed by the Empire of Japan. In 1945, after the Surrender of Japan, Japanese surrender at the End of World War II in Asia, end ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Defence Commission Of North Korea
The National Defence Commission of the Democratic People's Republic of Korea (NDC) () was the highest state institution for military and national defence leadership in North Korea, which also served as the highest governing institution of the country from 1998 until 2016 when it was replaced by the State Affairs Commission. History The National Defence Commission started as the National Defence Commission of the Central People's Committee of the Democratic People's Republic of Korea () which was created on 27 December 1972 by the 1972 Constitution as one of the commissions that were subordinate to the Central People's Committee. The commission was separated from the on 9 April 1992 through an amendment of the 1972 Constitution, and became the National Defence Commission of the Democratic People's Republic of Korea. It was also designated as the "supreme military leadership institution of state power." National Defense Commission was separated from the Central People's Committee ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kim Jong-il
Kim Jong-il (; ; ; born Yuri Irsenovich Kim;, 16 February 1941 – 17 December 2011) was a North Korean politician who was the second supreme leader of North Korea from 1994 to 2011. He led North Korea from the 1994 death of his father Kim Il-sung, the first Supreme Leader, until his own death in 2011, when he was succeeded by his son, Kim Jong-un. In the early 1980s, Kim had become the heir apparent for the leadership of the Democratic People's Republic of Korea (DPRK) and assumed important posts in the party and army organs. Kim succeeded his father and DPRK founder Kim Il-sung, following the elder Kim's death in 1994. Kim was the General Secretary of the Workers' Party of Korea (WPK), WPK Presidium, Chairman of the National Defence Commission (NDC) of North Korea and the Supreme Commander of the Korean People's Army (KPA), the fourth-largest standing army in the world. Kim ruled North Korea as a repressive and totalitarian dictatorship. Kim assumed leadership duri ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resume ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kaesong Industrial Region
The Kaesŏng Industrial Region (KIR) or Kaesŏng Industrial Zone (KIZ) is a special administrative industrial region of North Korea (DPRK). It was formed in 2002 from part of the Kaesŏng Directly-Governed City. On 10 February 2016, it was temporarily closed by the South Korean government and all staff recalled by the Park Geun-hye administration, although the former President of South Korea, Moon Jae-in, signalled his desire to "reopen and expand" the region in 2017. Its most notable feature is the Kaesŏng industrial park, which operated from 2004 to 2016 as a collaborative economic development with South Korea (ROK). The park is located ten kilometres (six miles) north of the Korean Demilitarized Zone, an hour's drive from Seoul, with direct road and rail access to South Korea. The park allows South Korean companies to employ cheap labour that is educated, skilled, and fluent in Korean, whilst providing North Korea with an important source of foreign currency. , 123 South K ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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North Korea – South Korea Relations
North is one of the four compass points or cardinal directions. It is the opposite of south and is perpendicular to east and west. ''North'' is a noun, adjective, or adverb indicating direction or geography. Etymology The word ''north'' is related to the Old High German ''nord'', both descending from the Proto-Indo-European unit *''ner-'', meaning "left; below" as north is to left when facing the rising sun. Similarly, the other cardinal directions are also related to the sun's position. The Latin word ''borealis'' comes from the Greek '' boreas'' "north wind, north", which, according to Ovid, was personified as the wind-god Boreas, the father of Calais and Zetes. ''Septentrionalis'' is from ''septentriones'', "the seven plow oxen", a name of ''Ursa Major''. The Greek ἀρκτικός (''arktikós'') is named for the same constellation, and is the source of the English word ''Arctic''. Other languages have other derivations. For example, in Lezgian, ''kefer'' can mean ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hyundai Group
Hyundai Group (; ) is a South Korean conglomerate founded by Chung Ju-yung. The first company in the group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol. Chung Ju-yung was directly in control of the company until his death in 2001. The company spun off many of its better known businesses after the 1997 Asian financial crisis and founder Chung Ju-yung's death, including Hyundai Motor Group, Hyundai Department Store Group, and Hyundai Heavy Industries Group. The Hyundai Group now focuses on elevators and tourism to Mount Kumgang. Etymology The name "Hyundai" comes from the Korean word (hanja form), which means "modernity". History * In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. Hyundai Construction began operating outside of South K ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mount Kumgang Tourist Region
The Mount Kumgang Tourist Region is a Special cities of North Korea, special administrative region of North Korea. It was established in 2002 to handle South Korean tourist traffic to Mount Kumgang (Diamond Mountain). It was one of the symbols of the South Korean Sunshine Policy. History Development and boom period Beginning in 1998, South Korean and other foreign tourists were allowed to visit Mount Kumgang, traveling at first by cruise ship, and then by bus on a newly built road through the Korean Demilitarized Zone. In 2002, the area around the mountain was separated from Kangwon-do (North Korea), Kangwon Province and organized as a separately administered Tourist Region, covering . From 1998 to July 2008 over one million South Koreans visited the resort. The resort is home to Hotel Haegumgang, a floating hotel that first operated on Australia's Great Barrier Reef. Much of the infrastructure in the area has been built by the South Korean Hyundai Asan company which received a 3 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Services Companies Of North Korea
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitab ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |