The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Senior US general warns of possible looming war with China

  • 3

    Suicidal pedestrian saved over Han River bridge

  • 5

    Opposition leader Lee claims innocence in corruption probe

  • 7

    Cambodian ministers highlight potential for growth, cooperation

  • 9

    NK rejects alleged arms trading with Russia, warns of 'undesirable result'

  • 11

    INTERVIEWBusan has potential to be world-class city, says mayor

  • 13

    Youth, foreign drug offenders increase threefold in 5 years

  • 15

    US secures deal with Netherlands, Japan on limiting chip exports to China: Bloomberg

  • 17

    White House highlights cryptocurrency risks, citing N. Korean cyber theft

  • 19

    3 dead, 4 hurt in upmarket Los Angeles neighborhood

  • 2

    Japanese teen romance film attracts 1 mil. Korean viewers for 1st time in 21 yrs

  • 4

    Korea to lift indoor mask mandate Monday

  • 6

    To speak Korean

  • 8

    US four-star general warns of war with China in 2025

  • 10

    Kim Jung-hyun returns to small screen with 'Kokdu: Season of Deity'

  • 12

    Tyre Nichols' brutal beating by police shown on video

  • 14

    Japan launches whale meat vending machines to promote sales

  • 16

    UN rapporteur for N. Korea human rights to visit S. Korea next week

  • 18

    Japan eyes easing export controls on Korea as Seoul seeks to improve ties: media

  • 20

    'Someday or One Day' cast says film spin-off has new plot

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Opinion
  • About the past
  • Imbricated Chaos
  • Voices from the North
  • Korea: deConstructed
  • Parchment Made of Sheepskins
  • Dialogues with Adoptees
Mon, January 30, 2023 | 09:59
Which businesses will be hot if North Korea opens its market?
Posted : 2018-06-03 10:19
Updated : 2018-06-03 10:19
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
Casey Lartigue Jr., co-founder of the Teach North Korean Refugees Global Education Center, compiled these statements from interviews with refugees studying in TNKR.

Eun-bin, female, escaped to South Korea in 2012

There have already been so many changes when it comes to the summit, so I will just wait and see what will happen. I haven't really thought about being scared, but now that you are asking, I suppose I should be concerned about the way things could turn out.

If there is change in North Korea, then I think the architecture and real estate businesses will be hot. There is a lot of land that is not being used, so people involved in designing and building museums, office buildings and homes will be needed.

Shin-hye, female, escaped to South Korea in 2011

I do believe Trump's negotiation style will force North Korea to change, and I'm hopeful. I have lost my trust in the South Korean government, I moved here and have felt safe, but the South Korean government is so determined to appease North Korea that I don't know what would have happened if not for Trump.

If North Korea opens its economy, then the online market will take off. Real estate will also be big in North Korea, it is now a disaster, a combination of government control from the past and now anything goes culture. North Koreans are so used to evading the government to support themselves that they don't respect the law and regulations.

Kyung-hee, female, escaped to Japan in 2008


I have higher expectations because of Trump, I did not expect anything from Bush or Obama because they were typical politicians. Trump is a real businessman, if he doesn't see a good deal then he won't move. I'm not concerned because I have not identified myself publicly as being from North Korea.

But one of my colleagues has been threatened by a North Korean communist organization in Japan that has become more active lately. They have threatened her through phone calls warning her to halt her activities against North Korea and even threatened a TV station that had been planning a documentary about her.

I'm not optimistic, but if there is change in North Korea, then tourism will be big. My family was wealthy when I was in North Korea because we got into the market early. I got to see a lot of the country when we were traveling around doing business. Many areas of North Korea are preserved, I hope it won't develop so quickly like Korea or Japan have.


EmailCJL@alumni.harvard.edu Article ListMore articles by this reporter
 
Top 10 Stories
1Suicidal pedestrian saved over Han River bridge Suicidal pedestrian saved over Han River bridge
2Korea to lift indoor mask mandate MondayKorea to lift indoor mask mandate Monday
3[INTERVIEW] Busan has potential to be world-class city, says mayor INTERVIEWBusan has potential to be world-class city, says mayor
4Youth, foreign drug offenders increase threefold in 5 years Youth, foreign drug offenders increase threefold in 5 years
5Samsung to introduce low-carbon diet for employees to help tackle climate change Samsung to introduce low-carbon diet for employees to help tackle climate change
6Plum trees, pheasants and promises of old Korea Plum trees, pheasants and promises of old Korea
7Seoul International School celebrates 50th anniversary Seoul International School celebrates 50th anniversary
8Main opposition leader faces pressure to resign in case of indictment Main opposition leader faces pressure to resign in case of indictment
9Bank operating hours return to normal amid union opposition Bank operating hours return to normal amid union opposition
10Samsung begins 9th software developer training school Samsung begins 9th software developer training school
Top 5 Entertainment News
1BLACKPINK sets 6 more Guinness records BLACKPINK sets 6 more Guinness records
2Jang Keun-suk steps out of his comfort zone with 'The Bait' Jang Keun-suk steps out of his comfort zone with 'The Bait'
3ENA's new dating show to spotlight young adult's romance ENA's new dating show to spotlight young adult's romance
4TXT brings together 'pansori' and fairy tale in new song 'Sugar Rush Ride' TXT brings together 'pansori' and fairy tale in new song 'Sugar Rush Ride'
5Kim Jung-hyun returns to small screen with 'Kokdu: Season of Deity' Kim Jung-hyun returns to small screen with 'Kokdu: Season of Deity'
DARKROOM
  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

  • World Cup 2022 France vs Morocco

    World Cup 2022 France vs Morocco

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group