We start with the wage tussle just north of the inter-Korean border...
Taking matters into their own hands, some South Korean businessmen are currently locked in talks with North Korean officials at the Kaesong Industrial Complex to try and find a solution to this intensifying row.
Tensions have been brewing ever since North Korea called for a unilateral raise for its workers last month.
For more, let′s go live to our correspondent Hwang Sung-hee...who′s standing by near the inter-Korean border.
Sung-hee, what message do these South Korean businessmen have for North Korea?
Hi guys,... well the message couldn′t be clearer.
They don′t want the factory park to be influenced by political tensions anymore.
That was one of the key agreements reached between the two Koreas when the Kaesong Industrial Complex was reopened after a five-month-long suspension two years ago.
Take a listen.
"We will explain to the North Korean officials about the problems that can arise from a unilateral revision of regulations in the overall management of the complex and ask for the park to be managed according to previous agreements."
The 14 businessmen who departed for Kaesong this morning... blamed anti-North Korea leaflet launches by South Korean activists for stirring up tensions and halting talks between the Koreas.
They say North Korea′s demands a wage hike for their workers from the current 70 U.S. dollars a month to 74 dollars and a revision of regulations are something that could be resolved peacefully if it wasn′t for such tensions.
And Sung-hee... North Korea actually called for a meeting with South Korean firms yesterday, right?
Yeah, that′s right,... but no South Korean representatives turned up.
The South Korean government told the businessmen not to respond and called for a separate meeting yesterday afternoon.
So we don′t know for sure if the group that went in today will succeed in meeting with the North Korean officials there.
One businessman that I talked to said they are hoping to meet with Pak Chol-su, the North Korean official that oversees the management of the complex, since he apparently came to the border town on Tuesday.
But even if a meeting takes place today, the businessmen are in a tough spot since the South Korean government has told the companies not to abide by Pyongyang′s demands and has warned that it′ll penalize firms that do.
What are the South Korean businessmen saying about this? There must be concerns that this situation could get out of hand fast?
Yeah, Jinjoo.... they are understandably deeply worried.
But the instability is already damaging their business operations.
One businessman told me that companies with textile factories in Kaesong are losing clients to factories in Southeast Asia.
But still, they are hoping to ease tensions through dialogue because they believe a complete shutdown of the park is not in North Korea′s interest.
The complex has a symbolic significance as the last remaining