SEOUL: Western tour agencies entered North Korea for the first time on Thursday since the end of the pandemic, the companies said, voicing hopes the isolated country may soon reopen a border city to foreign visitors.
In January, travel agencies said the North would reopen the border city of Rason to foreign tourists, five years after Pyongyang sealed its frontiers in response to COVID-19.
Neither North Korea nor China have commented on the plans.
The Beijing-based Koryo Tours, which offers mainly Western tourists a glimpse into the secretive nation, wrote on its website on Thursday that “staff crossed the border in the early hours of this morning.”
“We’re happy to finally enter North Korea,” the travel agency wrote in a blog.
“The country is not yet fully open to tourism and this is a special trip for staff only.”
But they hope to confirm the opening of Rason to tourism in “the coming days.”
Another travel agency, Young Pioneer Tours, also uploaded a picture of a passport with a North Korean border stamp, declaring they were “first to be back in five years.”
Koryo Tours last week said that they had opened bookings for “the first trip back to North Korea since the borders closed in January 2020.”
The company said then that it hoped the tour would take place in February.
Itineraries included visiting “must-see” sites in Rason and a chance to “travel to North Korea to celebrate one of the biggest holidays, Kim Jong Il’s Birthday,” the agency wrote on its website.
The birthday of former ruler Kim Jong Il — father of current leader Kim Jong Un — is marked as Day of the Shining Star on February 16, and typically features large-scale public celebrations, including military parades.
The tours were slated to start in China, with guests to be driven to the border with the nuclear-armed North.
Young Pioneer Tours also began taking advanced bookings for Rason tour packages in January.
Rason became North Korea’s first special economic zone in 1991 and has been a testing ground for new economic policies.
It is home to North Korea’s first legal marketplace and has a separate visa regime from the rest of the country.
Tourism to the North was limited before the pandemic, with tour companies saying around 5,000 Western tourists visited each year.
Americans were banned from traveling to the North after the imprisonment and subsequent death of student Otto Warmbier in 2017.
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Western tour operators enter North Korea for first time since pandemic
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Western tour operators enter North Korea for first time since pandemic
- Beijing-based Koryo Tours wrote on its website on Thursday that ‘staff crossed the border in the early hours of this morning’
- Another travel agency, Young Pioneer Tours, also uploaded a picture of a passport with a North Korean border stamp
Induction stoves fly off shelves in India as gas shortage fears spark panic buying
CHENNAI: Indian households are rushing to buy electric induction stoves, draining stocks online and in stores, amid fears of a potential cooking gas shortage tied to the Middle East conflict.
India, the world’s second-largest importer of liquefied petroleum gas (LPG), has invoked emergency powers to boost supplies for households even as availability tightens for commercial users including canteens, hostels and restaurants.
Meanwhile, consumers are buying electric cooking appliances as a precaution, with some households worried about refill delays and higher prices.
Checks by Reuters on Thursday showed several induction stove models were unavailable on Amazon, Walmart-backed Flipkart, Eternal’s Blinkit and Zepto, while some offline chains said fresh supplies were still days away.
Induction stove sales on Amazon India have jumped more than 30-fold, while rice cookers and electric pressure cookers are up fourfold, a company spokesperson said.
Kitchen appliances maker TTK Prestige said demand for induction stoves had surged far beyond supply.
“There is a threefold surge (in demand),” CEO Venkatesh Vijayaraghavan told Reuters.
The company has raised its production capacity to 100 percent from about 70 percent before the start of the war, and increased staffing by roughly 15 percent. It also plans to raise prices of induction stoves in the June quarter to offset any higher costs.
Induction stoves accounted for about a tenth of TTK’s 25.30 billion rupees ($274.52 million) standalone revenue in 2024–25.
Online shopping platforms also showed models from Butterfly , Havells India and Bajaj Electricals marked as “currently unavailable.”
Google Trends showed search interest for induction stoves hit a record high on March 12, while some restaurant chains, including Wow Momo and California Burrito, said they were exploring induction stoves as a contingency plan.
Anand Rathi analyst Manish Valecha said large kitchen appliance makers with domestic assembly and strong distribution, including TTK Prestige, Butterfly and Stove Kraft, are best placed to benefit from the surge in induction cooktop demand. But reliance on imported components could pose supply risks if the spike persists, he added.
TTK Prestige will switch from sea shipments to airlifting components sourced from China and Southeast Asia, absorbing higher costs to ensure supplies if disruptions persist, Vijayaraghavan said.
The Middle East conflict has disrupted shipping through the Strait of Hormuz and the Gulf, raising costs and tightening oil and gas supplies from the Middle East.
On Thursday, the Suezmax tanker Shenlong reached Mumbai with Saudi crude, becoming the first crude carrier to arrive in India from the Middle East since the war between Iran and the United States and Israel erupted in late February, LSEG data showed.
India, the world’s second-largest importer of liquefied petroleum gas (LPG), has invoked emergency powers to boost supplies for households even as availability tightens for commercial users including canteens, hostels and restaurants.
Meanwhile, consumers are buying electric cooking appliances as a precaution, with some households worried about refill delays and higher prices.
Checks by Reuters on Thursday showed several induction stove models were unavailable on Amazon, Walmart-backed Flipkart, Eternal’s Blinkit and Zepto, while some offline chains said fresh supplies were still days away.
Induction stove sales on Amazon India have jumped more than 30-fold, while rice cookers and electric pressure cookers are up fourfold, a company spokesperson said.
Kitchen appliances maker TTK Prestige said demand for induction stoves had surged far beyond supply.
“There is a threefold surge (in demand),” CEO Venkatesh Vijayaraghavan told Reuters.
The company has raised its production capacity to 100 percent from about 70 percent before the start of the war, and increased staffing by roughly 15 percent. It also plans to raise prices of induction stoves in the June quarter to offset any higher costs.
Induction stoves accounted for about a tenth of TTK’s 25.30 billion rupees ($274.52 million) standalone revenue in 2024–25.
Online shopping platforms also showed models from Butterfly , Havells India and Bajaj Electricals marked as “currently unavailable.”
Google Trends showed search interest for induction stoves hit a record high on March 12, while some restaurant chains, including Wow Momo and California Burrito, said they were exploring induction stoves as a contingency plan.
Anand Rathi analyst Manish Valecha said large kitchen appliance makers with domestic assembly and strong distribution, including TTK Prestige, Butterfly and Stove Kraft, are best placed to benefit from the surge in induction cooktop demand. But reliance on imported components could pose supply risks if the spike persists, he added.
TTK Prestige will switch from sea shipments to airlifting components sourced from China and Southeast Asia, absorbing higher costs to ensure supplies if disruptions persist, Vijayaraghavan said.
The Middle East conflict has disrupted shipping through the Strait of Hormuz and the Gulf, raising costs and tightening oil and gas supplies from the Middle East.
On Thursday, the Suezmax tanker Shenlong reached Mumbai with Saudi crude, becoming the first crude carrier to arrive in India from the Middle East since the war between Iran and the United States and Israel erupted in late February, LSEG data showed.
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