NK leader's bombshell leaves Hyundai hanging by a thread
By Jun Ji-hyeHyundai Group is in a panic about its business involving tourism to Mount Geumgang after North Korean leader Kim Jong-un ordered the removal of facilities built by the South at the North's scenic mountain, according to group officials Wednesday. Hyundai Group Chairwoman Hyun Jeong-eunAccording to the North's Korean Central News Agency (KCNA), Kim made a “field guidance” visit to the mountain resort, during which time he ordered the removal of “all the unpleasant-looking facilities” built by the South and the construction of the North's own “modern service facilities.”Hyundai Asan CEO Bae Kook-hwan and other executives held an emergency meeting in the morning to grasp the present situation and come up with countermeasures. “We were embarrassed by the news as we have been preparing for the resumption of the tour program,” a Hyundai Asan official said. “We will respond calmly to the issue.”Hyundai Asan, the group's unit in charge of its businesses in the North, invested hundreds of billions of won in building facil
