April 26, 2024
News

Two Koreas finally reach Kaesong minimum wage agreement

South, North decide on increase of 5 percent, following months of brinksmanship, stalled negotiations

North and South Korea have agreed on increasing the minimum salary of Kaesong Industrial Complex workers by 5 percent from $70.35 a month to $73.87.

Wages for July will be paid according to the new agreement.

Become a member for less than $4 per week.

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.