How Marketization Changed Ground Transportation in North Korea
North Koreans who were struggling to overcome the economic crisis began marketization and developed and business vehicles called ‘servi-cha.’
North Koreans who were struggling to overcome the economic crisis began marketization and developed and business vehicles called ‘servi-cha.’
A key factor holding back Korea’s economic recovery may be President Moon’s faithfulness to the policy tools that preceding governments used to address faltering economic growth
Continued nuclear-weapons development, for all the attention it receives from the outside world, is only part of North Korea’s broader strategy.
Unprecedented market activities are emerging in North Korea thanks to the expansion of state-run mobile telecommunications and private transport services.
Widely known as the “Delivery Nation,” South Koreans enjoy high speed delivery services in almost every product, including food, socks, and staples.
The word “Smart Grid” became popularized when the energy industry thought applying sensors and having comprehensive control over the whole cycle of generating and consuming…
As the industry shifts toward electric vehicles, South Korea will need to consider the current state of the market for electric vehicles in South Korea.
Uber’s successful launch of UberSHARE and UberEATS in South Korea raises an important question: why is UberX still not offered?
Elon Musk tweeted that AI has “vastly more risk than North Korea.” So, it may be ironic that Korean companies are so eager to apply AI into their services.
Kakao Bank launched its internet-only banking service on Thursday, July 27, meeting unprecedented enthusiasm from Korean users.