Friday, July 31, 2026

Palantir Hits New Record High Amid AI Surge, Surpassing Samsung’s Market Cap

Palantir's stock surged over 5%, reaching a record high of $116.65, driven by strong earnings and growing private sector demand.

Understanding the Impact of the U.S. Supreme Court’s Tariff Ruling on South Korea: What You Need to Know

Ambassador Kang Kyung-wha discusses U.S. tariffs and trade relations, emphasizing proactive measures for South Korean interests.

AI Sovereignty in Asia: How the U.S. Clampdown on Anthropic’s Models Affects the Future

U.S. export controls on AI models raise concerns about sovereignty and national security, prompting calls for independent AI development.

North Korea Is Opening a Beach Resort—But Don’t Expect Full Details Yet

NorthKoreaNorth Korea Is Opening a Beach Resort—But Don’t Expect Full Details Yet
The 35th Plenary Meeting of the 14th Presidium of the Supreme People\'s Assembly of the Democratic People\'s Republic of Korea was held at the Mansudae Assembly Hall / Rodong Sinmun
The 35th Plenary Meeting of the 14th Presidium of the Supreme People’s Assembly of the Democratic People’s Republic of Korea was held at the Mansudae Assembly Hall / Rodong Sinmun

North Korea has enacted a special law concerning the Wonsan Kalma Coastal Tourist Zone, set to open in June. However, the specific details of the law have not been disclosed.

The Workers’ Party of Korea’s official newspaper, Rodong Sinmun, reported on Friday that the 35th Plenary Meeting of the 14th Presidium of the Supreme People’s Assembly of the Democratic People’s Republic of Korea was held at the Mansudae Assembly Hall on Thursday. Choe Ryong-hae, chairperson of the Standing Committee of the Supreme People’s Assembly, presided over the meeting, which was attended by vice-chairmen Kang Yun-sok and Kim Ho-chol, along with other committee members.

The newspaper stated that during this plenary session, the law for the Wonsan Kalma Coastal Tourist Special Zone was reviewed and adopted. This marks the first enactment of a special law for a specific tourist area since the 2011 Mount Kumgang Tourist Special Zone Law.

Previously, in March 2023, North Korea announced the adoption of a Tourism Law aimed at promoting domestic tourism while expanding international tourism, ensuring tourist convenience, and actively protecting the ecological environment. This law reportedly outlines principles applicable to the entire tourism industry.

The Wonsan Kalma Coastal Tourist Special Zone Law may include provisions related to foreign investment. Kim Jong Un, General Secretary of the Workers’ Party of Korea, has been developing this area as a new tourist destination since 2014. The establishment of large-scale resort facilities has raised speculation about potential investments from China and Russia.

Additionally, the newspaper reported that during this plenary session of the Supreme People’s Assembly Standing Committee, laws on labor management and soil pollution prevention were enacted. Some appointments for Central Court judges and people’s assessors were also made.

Check Out Our Content

Check Out Other Tags:

Most Popular Articles