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North Korea Inaugurates Wonsan Kalma Coastal Resort with National Ceremony
North Korea Inaugurates Wonsan Kalma Coastal Resort with National Ceremony

See - Sada Elbalad

time2 days ago

  • Business
  • See - Sada Elbalad

North Korea Inaugurates Wonsan Kalma Coastal Resort with National Ceremony

H-Tayea The Democratic People's Republic of Korea (DPRK) inaugurated the Wonsan Kalma Coastal Tourist Area on June 24 with a large-scale ceremony attended by top government and Party officials, including DPRK leader Kim Jong Un. Located on the scenic Kalma Peninsula along North Korea's east coast, the resort features hundreds of newly constructed buildings designed to host up to 20,000 guests. The development includes multiple hotels, a water park, cultural and entertainment venues, and a four-kilometer stretch of beachfront, reflecting the regime's push to boost tourism and present a modernized image. In his inaugural speech, DPRK Premier Pak Thae Song praised the project as a 'monument to the people-first ideology' of the Workers' Party of Korea (WPK) and a symbol of the country's "creative and vigorous executive abilities." He credited Kim Jong Un's vision and direct oversight for the resort's completion, highlighting its significance in the Party's broader policy of cultural and economic revitalization. Kim Jong Un cut the ceremonial ribbon and toured the new facilities, expressing satisfaction at the realization of a long-cherished project aimed at providing leisure and comfort to the North Korean people. He described the resort as a model for future tourism development and emphasized the importance of delivering a high-quality experience to both domestic and, potentially, foreign visitors. Set to open to North Korean tourists on July 1, the Wonsan Kalma resort is positioned as a flagship development in the country's bid to strengthen its tourism sector, with further projects to be announced at the upcoming Ninth Congress of the WPK. Foreign dignitaries, including the Russian ambassador and embassy staff, were in attendance at the event, which concluded with a fireworks display and artistic performances celebrating the opening of what officials described as a 'world-class coastal resort.' read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean

North Korea to Hold Ninth Party Congress as Kim Jong Un Resets 2025 Goals
North Korea to Hold Ninth Party Congress as Kim Jong Un Resets 2025 Goals

See - Sada Elbalad

time4 days ago

  • Politics
  • See - Sada Elbalad

North Korea to Hold Ninth Party Congress as Kim Jong Un Resets 2025 Goals

H-Tayea The Workers' Party of Korea (WPK) held an Enlarged Meeting of its Twelfth Plenary Session of the Eighth Central Committee from June 21 to 23, led by General Secretary Kim Jong Un. The gathering reviewed national progress during the first half of the year and set strategic directions for the months ahead, focusing on economic revitalization, state policy refinement, and party organizational reform. The plenary was convened at a critical moment, as the Party aims to ensure that 2025 marks a historic phase in national development. Discussions highlighted the successes achieved across key areas, including the economy, politics, defense, science, education, and culture. The WPK praised the accomplishments of the first half of the year, noting a clear momentum in national construction and policy execution aligned with the vision established at the Eighth Party Congress. Kim Jong Un delivered a major address, stressing the need for bold but realistic strategic adjustments in response to both internal progress and shifting external dynamics. His speech set the tone for updated priorities that build on achievements, confront challenges, and drive forward the nation's long-term development goals. The meeting approved a series of policy adjustments designed to intensify economic modernization, industrial growth, and comprehensive structural improvements in governance. A major decision was the unanimous approval to convene the Ninth Congress of the Workers' Party of Korea, a move anticipated to be a turning point in the party's future. Organizational improvements were also addressed, particularly efforts to enhance the efficiency and effectiveness of basic Party units, with an emphasis on aligning Party structure with new-era development goals. In parallel, sector-specific meetings were held to align operational plans with the plenary's directives. These meetings are part of broader preparations for upcoming national milestones, including the 80th anniversaries of Korea's liberation and the WPK's founding. Leaders emphasized that these events should coincide with tangible progress toward the goals set for the Ninth Party Congress, seen as a defining moment for the WPK's trajectory. The Political Bureau convened its 25th meeting to finalize the draft resolutions and strategic directions discussed. These decisions were unanimously adopted by the plenary and are now being distributed across Party organizations as official internal guidance. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean

Investing in Winpak (TSE:WPK) five years ago would have delivered you a 30% gain
Investing in Winpak (TSE:WPK) five years ago would have delivered you a 30% gain

Yahoo

time6 days ago

  • Business
  • Yahoo

Investing in Winpak (TSE:WPK) five years ago would have delivered you a 30% gain

If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while the Winpak Ltd. (TSE:WPK) share price is up 12% in the last five years, that's less than the market return. Meanwhile, the last twelve months saw the share price rise 2.8%. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Over half a decade, Winpak managed to grow its earnings per share at 7.5% a year. This EPS growth is higher than the 2% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock. You can see below how EPS has changed over time (discover the exact values by clicking on the image). Dive deeper into Winpak's key metrics by checking this interactive graph of Winpak's earnings, revenue and cash flow. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Winpak the TSR over the last 5 years was 30%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. Winpak shareholders gained a total return of 10% during the year. But that was short of the market average. The silver lining is that the gain was actually better than the average annual return of 5% per year over five year. This suggests the company might be improving over time. If you would like to research Winpak in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company. Of course Winpak may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Canadian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Respected Comrade Kim Jong Un Gives Field Guidance at Major Munitions Industry Enterprise
Respected Comrade Kim Jong Un Gives Field Guidance at Major Munitions Industry Enterprise

See - Sada Elbalad

time14-06-2025

  • Politics
  • See - Sada Elbalad

Respected Comrade Kim Jong Un Gives Field Guidance at Major Munitions Industry Enterprise

Yara Sameh Kim Jong Un, general secretary of the Workers' Party of Korea and president of the State Affairs of the Democratic People's Republic of Korea, gave field guidance at a major munitions industry enterprise on June 13. The enterprise was visited by Jo Yong Won, Kim Tok Hun, Ri Hi Yong, O Su Yong, Kim Jong Sik and other leading officials of the WPK Central Committee, No Kwang Chol, minister of National Defence of the DPRK, Choe Son Hui, foreign minister, Ko Pyong Hyon, chairman of the Second Economic Commission, Kim Yong Hwan, president of the Academy of Defence Sciences, commanding officers of the large combined units of the Korean People's Army and chief secretaries of the provincial committees of the WPK. Making the rounds of various production sites of the enterprise, including press, spinning and assembly workshops, the respected Comrade Kim Jong Un learned in detail about the production of shells, capacity expansion and modernization in the first half of the year 2025. He expressed his great satisfaction over the high enthusiasm for the patriotic deeds and struggle displayed by the workers at the munitions industry enterprise who are kindling the fierce flames of innovation after turning out in the drive to greet the 80th founding anniversary of the WPK and the Ninth WPK Congress with the praiseworthy successes of boosting the military hardware output. Kim praised the development successes of the enterprise which has modernized itself at a high level by rationally relocating all the production lines in hearty response to the plan of the Party Central Committee for rapidly developing our defence industry into a world-level advanced one. He underscored the need to set the development-oriented goal in order to meet the long-term demand of the development of the national defence capabilities and set forth new tasks to be carried out by the enterprise. "In order to satisfy all the requirements of the national defence strategy and increase the output of new-type powerful shells to meet the requirements of the modern warfare, it is necessary to further expand and reinforce the production capacity, arrange the production lines more rationally and steadily raise the level of putting production on an unmanned basis", he said advancing the tasks for doing so. The accompanying visitors felt the civilized way of life of the workers in the munitions industry, looking round the ideological education bases in an educational district of the enterprise where the landscaping has been realized at a high level, and a cultural hall, comprehensive cultural and welfare establishments, modern childcare facilities and cosy dwelling houses built well in the district for workers' living. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean News 3 Killed in Shooting Attack in Thailand

Respected Comrade Kim Jong Un Gives Field Guidance over Construction Site of Kusong City Hospital
Respected Comrade Kim Jong Un Gives Field Guidance over Construction Site of Kusong City Hospital

See - Sada Elbalad

time10-06-2025

  • Politics
  • See - Sada Elbalad

Respected Comrade Kim Jong Un Gives Field Guidance over Construction Site of Kusong City Hospital

Nada Mustafa Kim Jong Un, general secretary of the Workers' Party of Korea and president of the State Affairs of the Democratic People's Republic of Korea, gave field guidance over the construction site of Kusong City Hospital on June 9. He was accompanied by Jo Yong Won and Ri Hi Yong, secretaries of the Central Committee of the WPK, and Kim Jae Ryong and Kim Yong Su, department directors of the Central Committee of the WPK. The respected Comrade Kim Jong Un was greeted on the spot by officials of construction unit and design institutions. Making rounds of the construction site, he learned in detail about the progress made in the construction. Kusong City Hospital is one of the hospitals under construction in different scales on a demonstration basis in three cities and counties in 2025, according to the decision of the Eleventh Plenary Meeting of the Eighth Central Committee of the Workers' Party of Korea. Kim Jong Un said that at present the construction sector, the major sphere of our struggle and the main front symbolizing the steady advance and development of our state, is continuously expanding and developing, and the fulfillment of the huge construction plan designed by our Party requires the rapid and qualitative strengthening of the workforce indispensably. Construction which proves with clear entity the leap forward civilization and prosperity we are idealizing is thoroughly conducted by the workforce, the mainstay of the gigantic creative struggle, he said, adding that it is our Party's view that the preparation of the workforce means a sure guarantee for the construction revolution in the new era. Saying that the historic task of rapidly establishing a system for expanding and strengthening the workforce by the state in a qualitative way should be solved in a right way, he underscored its importance repeatedly. Strengthening the workforce is not an immediate short-term issue but a strategic task in the ten-year construction struggle for regional rejuvenation, he noted. He pointed out that although many workforce of the People's Army are now being dispatched to the huge construction areas unfolded by our Party and their revolutionary enthusiasm is growing day by day, the efficiency of using the workforce is not ensured at the up-to-the-standard level due to the non-specialization and inexperience in the organization and command of construction. In order to make a vigorous advance of gigantic grand construction which our Party and state are directing much efforts, a rapid state measure should be taken for qualitative strengthening of the workforce with the main emphasis on training skilled workers, he said, adding that an intensive short course will be organized for the present to improve the practical abilities of officials in the construction sector at all levels for it. Kim Jong Un said that the intensive short course of officials at all levels in the construction sector to be held after the Twelfth Plenary Meeting of the Eighth Central Committee of the Party should deal with the urgent problems arising in carrying out the construction revolution, including the establishment of a well-regulated system of training skilled workers. He said that the gigantic struggle for the implementation of our Party's regional development policy should be a revolution to fundamentally and ultimately put an end to the centuries-old backwardness and laggardness of the regional areas and, at the same time, a process of transforming the old customs, outdated culture and obsolete technology that remain in the construction sector to suit the new era and a historic process of training all the builders to be creators of new culture and new civilization and genuine socialist builders. We have a guards hero unit, that is a unit of competent construction educators with excellent construction potentiality, and if all the experience and models created by them in construction are positively applied to the construction enterprises at all levels and military construction groups, remarkable progress will be made in carrying out our Party's construction policy, he said, adding that this problem also can be solved through the practical short course. Saying that it is a key issue to train the reliable technical forces necessary for the assembly of equipment as the hospital is a functional building which should be technically compatible with the termination of the substructure, medical equipment and appliances and all other things, unlike dwelling houses and industrial buildings, Kim Jong Un set forth a series of important tasks, which should be carried out in the construction field without a moment's delay, including the issue of examining the establishment of an enterprise specializing in the assembling of medical equipment and the issue of further increasing the proportion of construction work done by machines and steadily improving the level of modernization of equipment. -0- read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean

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