- CNTV English - CCTV News

Homepage > News > Biz >

Workers at joint industrial part with S. Korea get 5 pct minimum wage hike

08-01-2011 15:38 BJT

SEOUL, Aug. 1 (Xinhua) -- The minimum wage for workers at an industrial complex jointly managed by South Korea and the Democratic People's Republic of Korea (DPRK) rose by 5 percent, the government said Monday.

The minimum wage for some 46,000 DPRK workers at the joint park, located in the DPRK border town of Keasong, has risen by 5 percent each year since 2007. The latest hike will bring the monthly minimum wage to 63.814 U.S. dollars, according to the unification ministry in Seoul.

The industrial complex, opened in 2004, houses about 120 small- and mid-sized South Korean businesses looking to tap into skilled labor.

Editor:Wang Xiaomei |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program