N.Korea Scraps Wage Ceiling at Kaesong Complex

      December 08, 2014 11:35

      North Korea has unilaterally scrapped the legal limit for workers' wages at the joint-Korean Kaesong Industrial Complex.

      Uriminzokkiri, the official website of the North's Committee for the Peaceful Reunification of the Fatherland, on Saturday said Pyongyang made the revisions last month. The website said raises will be set every year by the supervisory committee overseeing workers at the complex.

      The regulations, enacted in 2003, had stipulated that a North Korean working at the complex should be given at least US$50 per month and raises must not exceed five percent of the monthly figure.

      The minimum wage has risen five percent a year to $70.45 now. South Korean manufacturers worry that higher wages could hurt their bottom line.

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