Korea Finance

North Korea’s elusive cash coupons from A to Z

A photo of the currency bills currently in circulation in North Korea. / Image: Daily NK More than two months have passed since the North Korean authorities issued cash vouchers, or donpyo, to absorb foreign currency. However, most North Koreans are unaware that the coupons were issued. According to several …

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Korea to finance bridge connecting 3 Visayan islands

The Korean government has agreed to help finance the construction of the 32-kilometer Panay-Guimaras-Negros bridge project, which is expected to be the longest in the country, according to the Ministry of Public Works and Highways. Under Secretary of Public Works Emil Sadain said the Korean government has committed an official …

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[ED] Corporate Zombies – Korea Times

[ED] Corporate Zombies – Korea Times Opinion 2021-10-31 17:00 [ED] Corporate zombies Government policy failures weigh on SOEsNineteen of the 40 state-owned companies with assets of 2,000 billion won ($ 1.7 billion) or more fell into dangerous financial condition. Korea Electric Power Corp. (KEPCO), Incheon International Airport Corp. (IIAC) and …

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Russian extradited to US on cybercrime charges

By Kanishka Singh (Reuters) – A Russian national appeared in U.S. federal court Thursday after being extradited from South Korea to Ohio to face charges over his alleged role in a cybercrime organization, the U.S. Department of Justice said . Vladimir Dunaev, 38, was a member of a cybercrime organization …

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