Koryo seeks brands for North Korea

Tina Milton

1-May-2006

NORTH KOREA. Duty-free operator Koryo Samwham Trading has urged international brands to support the fledgling duty-free market in North Korea's mountain resort Geum Gang San

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Koryo manages the 100sq m (1,076sq ft) Onjunggak duty-free store and 132sq m (1,420sq ft) Hyundai Hotel Haegumgang shop inside the tourist complex and DFNI understands it is poised to

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(15-Apr-2006) - NORTH KOREA. A new 500sq m (5,380sq ft) duty-free store is scheduled to open at North Korea's Geum Gang San mountain resort—developed by Hyundai Asan—in June
(15-Apr-2006) - Mention the potential for duty-free business in North Korea and most will either wince or express doubt that the market even exists
(15-Oct-2006) - NORTH KOREA. State-owned South Korean operator Korea National Tourism Organisation (KNTO) has secured a deal with Hyundai Asan to be the exclusive duty-free operator at the Geum Gang San mountain resort, ousting incumbent operator Koryo Samwhan, DFNI understands
(15-Jul-2006) - NORTH KOREA. DFNI understands that the Korea National Tourism Organization (KNTO) has signed a contract with development company Hyundai Asan to manage the new duty-free shop at the Onjunggak-2 East building in North Korea's Geum Gang San mountain resort
(14-Jul-2006) - The state-owned retailer is to open a store at the Geum Gang San mountain resort