Kim Jong Un opens Wonsan-Kalma tourist zone amid push to boost North Korea's ailing economy
The Wonsan-Kalma coastal tourist zone has accommodation for nearly 20,000 guests who can swim in the sea, play sport, and eat at restaurants and cafeterias on site, state media said.
North Korean leader Kim Jong Un toured the site and cut the inaugural tape at a lavish ceremony on Tuesday, the state-run Korean Central News Agency (KCNA) reported on Thursday.
Mr Kim said its construction would be recorded as "one of the greatest successes this year" and called the site "the proud first step" toward realising the government's policy of developing tourism, according to KCNA.
The Wonsan-Kalma beach resort is North Korea's biggest tourist site.
KCNA said it will begin service for domestic tourists next Tuesday, but the report did not say when it will start receiving foreign tourists.
Observers say the resort likely required a huge investment from North Korea's limited budget, so it eventually will have to accept Chinese and other foreign tourists to break even.
Mr Kim has been pushing to make the country a tourism hub as part of efforts to revive the ailing economy, and the Wonsan-Kalma zone is one of his most talked-about tourism projects.
KCNA reported North Korea will confirm plans to build large tourist sites in other parts of the country, too.
But North Korea has not fully lifted a ban on foreign tourists that it imposed in early 2020 to guard against the COVID-19 pandemic.
Experts say North Korea has been slow to resume its international tourism because of remaining pandemic curbs, a flare-up of tensions with the US and South Korea in recent years and worries about Western tourists spreading a negative image of its system.
Starting from February 2024, North Korea has been accepting Russian tourists amid the booming military and other partnerships between the two countries, but Chinese group tours, which made up more than 90 per cent of visitors before the pandemic, remain stalled.
In February this year, a small group of international tourists visited the country for the first time in five years, but tourist agencies said in March that their tours to North Korea were paused.
Mr Kim's recent foreign policy prioritises relations with Russia as he's been supplying troops and conventional weapons to support its war against Ukraine in return for economic and military assistance.
However, North Korea's ties with China, which has long been its biggest trading partner and aid benefactor, have apparently cooled as China is reluctant to join an anti-Western alliance with North Korea and Russia, analysts say.
Tuesday's ceremony that marked the completion of the resort's construction drew the Russian ambassador to North Korea and his embassy staff, KCNA said. But it didn't say whether any Chinese diplomats were also invited.
"I think North Korea will soon accept Russian tourists, given the Russian Embassy officials attended the ceremony. Summer business is important" for the beach resort, said Lee Sangkeun, an expert at the Institute for National Security Strategy, a think tank run by South Korea's intelligence agency.
"There seems to be issues that North Korea hasn't yet resolved in its relations with China. But North Korea has put in too much money on tourism and plans to spend more. Subsequently, to get its money's worth, North Korea can't help receiving Chinese tourists," Mr Lee said.
Lim Eul-chul, a professor at Kyungnam University's Institute for Far Eastern Studies in Seoul, also said that foreign tourism to the Wonsan-Kalma site will begin with Russians. But he said Chinese tours to the zone, a sort of civilian exchange, will also begin soon, adding bilateral trade between China and North Korea has been recovering.
Mr Lim said that South Korean and American tours to North Korea won't likely restart anytime soon, though both new liberal South Korean President Lee Jae Myung and US President Donald Trump have expressed hopes to revive dialogue with North Korea.
In January, when Mr Trump boasted about his ties with Mr Kim, he said "I think he has tremendous condo capabilities. He's got a lot of shoreline," a likely reference to Wonsan-Kalma.
North Korea has not publicly responded to Mr Trump's outreach. It has repeatedly rejected Washington and Seoul's dialogue offers and focused on expanding its nuclear weapons program since Kim's high-stakes nuclear diplomacy with Mr Trump collapsed in 2019.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

ABC News
5 hours ago
- ABC News
HECS cuts have passed the Senate. Will they make university fairer?
Labor's pre-election pledge to cut student and apprentice loans by 20 per cent has now passed parliament, becoming the first piece of legislation enacted by the newly re-elected Albanese government. "We promised it and we've delivered," federal Education Minister Jason Clare told reporters on Thursday morning. The bill passed on Thursday also contains an increase in the repayment threshold, meaning a debtor can now earn up to $67,000 a year before the minimum repayment kicks in. Mr Clare said raising the threshold makes the system "fairer". The pledge to cut debts was evidently popular with many voters during the 2025 election campaign, and comes at a cost of about $16 billion. Student organisations, industry groups and independent politicians say there are other ways of spending that money to fix the tertiary sector. Here's what they're calling on the government to do. In 2021, the Morrison government changed the way university fees were structured through a program called Job-ready Graduates. The scheme aimed to use price signals to drive enrolment in courses in areas of skills shortages like nursing, mathematics and agriculture. Course fees for those subjects fell, while the cost of courses in history, law and media increased. Analysis from the University of Melbourne in 2023 found that the program was having a minimal impact on student enrolments, with less than 2 per cent of students choosing to enrol in a course they otherwise wouldn't have because of the scheme. "The Job-ready Graduates package is holding Australia back. It's time to replace it with a system that actually supports our future workforce," head of Universities Australia Luke Sheehy told triple j hack. Even the Coalition's spokesperson for education, Jonno Duniam, acknowledged that it should be scrapped. "The point has been made that the program isn't working. If a program isn't working, whether it be ideology or otherwise, there's no point sticking to it," Mr Duniam told triple j hack. The Greens and independent MP Monique Ryan wanted amendments to the bill to cut HECS and HELP loans that would immediately end the "unfair" Job-ready Graduate program. "Labor should have dumped Morrison's Job-ready Graduates fee hikes the second they came into power. The scheme is a cruel, punitive mess that does nothing except punish students with high fees," Greens education spokesperson Mehreen Faruqi said. The government would need to legislate to change the existing fee structure, but any such bill would have the support of the Greens and other key crossbenchers, like independent ACT senator David Pocock. The Universities Accord, a broad-ranging review of the higher education system, found that Australia would need 80 per cent of its workforce to have a tertiary qualification by 2050 to be globally competitive. To achieve that goal, the proportion of disadvantaged students with a qualification will need to drastically increase. Of the entire student population in 2023, just 2.2 per cent were First Nations, 12 per cent had a disability, 15 per cent were from low socio-economic backgrounds, and 18 per cent were from rural and regional areas, according to figures from Universities Australia. The Accord recommended implementing a needs-based funding model for universities like the Gonski funding model used in schools, which allocates more funding to schools with a greater number of students who have higher needs. The government has set up the interim Australian Tertiary Education Commission to work out the new funding model, and has pointed to the work underway by this body as a reason why it won't immediately scrap the Job-ready Graduate program. But Ms Ryan said the government shouldn't wait for the new funding model to scrap Job-ready Graduates. "The Australian Tertiary Education Commission won't be functional till 2026, and is not going to be able to change university fees till 2027. We have young people studying arts and law degrees this year, spending more than $22,000 a year on those courses," she said. "They should have been doing the work to get a new model in place over the last three years. What have they been doing on Job-ready Graduates for the last three years? There's urgency here," Senator Pocock said. Last year, the government introduced changes to the way student loans were indexed. Indexation refers to the way existing debts are calculated to consider fluctuations in inflation, year on year. The changes would see indexation based on either the consumer price index, which calculates inflation, or the wage price index, whichever is lower. But student groups, the Greens, independents and the Coalition say that shouldn't be the end of it. They want more change in this space. Independents like Ms Ryan and Senator Pocock want the government to change the timing at which indexation is applied. Currently, HECS-HELP debts are deducted from a debtor's pay cheque, but the overall amount owed doesn't decrease until after the debtor has filed their tax return. Debts are indexed annually on June 1, before tax returns are lodged, which means the amount indexed and added to the debt does not reflect the amount owed. Former shadow education minister Sarah Henderson said the government should cap indexation at 3 per cent. "Australians with a student loan or those planning to undertake tertiary studies should not be blindsided by high indexation driven by high inflation, as has occurred under Labor over the past three years," Senator Henderson said. The National Union of Students wants debts to be frozen during periods of high inflation. "It is outrageous that during a cost-of-living crisis, the Australian government would profit billions of dollars off of student debt," former NUS president Bailey Riley told a Senate inquiry. The Greens also want to scrap indexation altogether. "Unless indexation is removed, students will be in this hamster wheel, always chasing their debts, which keep getting bigger and bigger," Senator Faruqi said. From July this year, students undertaking compulsory work placements as part of a nursing, teaching, social work or midwifery course will be paid to undertake those placements. But the government is under increasing pressure to extend the payments beyond the four existing courses to other allied health and medical courses. "It really is odd to exclude our medical students from the same financial help other students receive while expecting them to undertake practical placements, often in rural, regional and remote areas," the president of the Australian Medical Association, Danielle McMullen, said. "Psychologists are only meeting 35 per cent of the federal government's psychology workforce goal, and exclusion from the paid placement scheme will entrench this shortage," head of the Australian Association of Psychologists Tegan Carrison said. Occupational therapy student Arabella Hely told triple j hack that allied health students are dropping out because they can't afford to live without income during their compulsory placements. "I know I've had to drop down to part-time study to be able to support myself. So many people are dropping to part-time study or deferring completely."


Perth Now
6 hours ago
- Perth Now
Asia stocks slide on weak China data as copper plunges
Asian equities slipped on Thursday after weaker-than-expected Chinese activity data and a plunge in copper prices, while investors weighed a trade deal between South Korea and the United States. The dollar held near a two-month high as investors weighed a Federal Reserve decision to hold rates steady and strong earnings from megacap tech firms. Nasdaq futures surged 1.2 per cent higher after better-than-expected earnings from Microsoft and Meta Platforms. S&P 500 futures advanced 0.8 per cent, while the US dollar held steady after hitting a two-month high. Both companies' earnings reports "have shot the lights out", reporting higher revenue from cloud computing and AI-enabled ad targeting respectively, said Tony Sycamore, a market analyst at IG in Sydney. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.7 per cent, though still on track for its fourth consecutive monthly gain in July. Stocks in Hong Kong and China led declines after official PMI gauges showed weaker-than-expected economic activity during July. Markets are now awaiting the Bank of Japan's monthly policy decision later in the day, with traders looking for any hints that Governor Kazuo Ueda may offer on the likelihood of another rate hike this year. The Federal Reserve's rate-setting committee voted 9-2 on Wednesday to hold interest rates steady for the fifth consecutive meeting, with two Fed governors dissenting for the first time in more than three decades. Fed Chair Jerome Powell's comments after the decision undercut confidence that borrowing costs would begin to fall in September. "It will take the next two months of data to convince Fed officials that tariff effects will only lead to modest, one-time price increases and that policy rates should head toward neutral," analysts from Citi said in a note. The dollar index was at 98.812, just shy of the two month high of 99.987 it touched on Wednesday. The index is set to clock a 3.1 per cent gain for the month, its first in 2025. "Although the Federal Reserve decided to keep rates steady at its recent rate setting decision, the chance of rate cuts at upcoming meetings remain live as they balance softening economic data with the potential for persistent inflation," said Manusha Samaraweera, fixed income investment director at Capital Group. US gross domestic product growth rebounded more than expected in the second quarter, but the details of the report painted a picture of an economy that was losing steam plagued by uncertainty from Trump's protectionist trade policy. The Korean won appreciated 0.3 per cent after Trump said the US will charge a 15 per cent tariff on imports from South Korea, which will in return invest $US350 billion ($A544 billion) in US projects and purchase $US100 billion ($A155 billion) in US energy products. The announcement is the latest in a series of trade policy deals rushed out before an August 1 deadline to avert the imposition of the April 2 "Liberation Day" tariffs. These deals continue to cast a shadow on global markets. Copper futures plunged 19.4 per cent after Trump said the US will impose a 50 per cent tariff on copper pipes and wiring, as the details of the levy fell short of the sweeping restrictions expected and left out copper input materials such as ores, concentrates and cathodes. Trump said on Wednesday negotiations on trade with India are still under way after announcing earlier the US will impose a 25 per cent tariff on goods imported from the country. Meanwhile, the US will also suspend its "de minimis" exemption that allowed low-value commercial shipments to be shipped to the United States without facing tariffs. The tax break is a mainstay of China's low-cost e-commerce platforms such as Shein and PDD's Temu. In commodities, oil prices rose for a fourth straight day on Thursday, as investors worried about supply shortages amid Trump's push for a swift resolution to the war in Ukraine and threats of tariffs on countries buying Russian oil. Brent crude futures for September delivery, which are set to expire on Thursday, rose 0.33 per cent, to $US73.48 ($A114.18) a barrel, while US West Texas Intermediate crude for September gained 0.21 per cent to $US70.15 ($A109.01) a barrel.


SBS Australia
7 hours ago
- SBS Australia
Could do better - NAPLAN results show many children aren't meeting expectations
The NAPLAN annual assessment, completed by 1.3 million students in March, shows that many children — particularly from disadvantaged backgrounds — are still falling through the cracks. The Australian Curriculum Assessment and Reporting Authority described this year's results as broadly 'stable'. The federal government says it has made the biggest investment in public schools ... worth $16 billion over the next 10 years, with funding tied to real and practical reforms. LISTEN TO SBS Filipino 04:43 Filipino 📢 Where to Catch SBS Filipino