Open Sources, November 14, 2013
~ 1 ~ KAESONG FAILWATCH: A new report from the Daily NK, containing an interview with an employee of a South Korean company that manufactures textiles in Kaesong, largely validates my post from last week. The bottom line: companies are hiding how much operations suffered from the five-month shutdown to prevent further damage to their business, such as the loss of customers who may seek more reliable suppliers. This, of course, is my cue to publicize the fact that while...