The two Koreas have agreed to raise the minimum wage by five percent for North Korean workers at the Gaeseong Industrial Complex (GIC), the government said Tuesday. The Ministry of Unification ...

North and South Korea agreed to increase the minimum wage for North Korean workers at a joint factory park by 5 percent, a South Korean industry representative said, ending a months-long dispute ...

North Korea proposed a 5-percent increase in wages of workers in the Gaeseong Industrial Complex on Friday, signaling a shift from its demand that the South must pay $300 in wage hikes at inter ...

The minimum wage for North Korean workers being hired by South Korean companies operating at the inter-Korean industrial park in the North’s border town of Kaesong rose by 5 percent this year ...

If South Korea follows through as intended, its minimum wage will be roughly 70% of its median wage by 2020, well above the level in all other big economies (see chart). On the face of things, the ...

SEOUL (REUTERS) - North Korea has dropped a demand for a wage hike for its workers at the Kaesong factory park run jointly with Seoul, South Korea said on Friday, paving the way for talks to ...