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Wednesday, April 7, 2010 as of 11:14 AM ET

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Chairman Kim Yong-nam

North Korea looking to Singapore and Indonesia for business know-how and investment

Less than two weeks after being punished with new U.

N. sanctions, North Korea has sent its ceremonial head of state and two top economic officials to Singapore and Indonesia on a trip that appears aimed at drumming up outside investment.Kim Yong Nam, president of the Presidium of North Korea's parliament, arrived in Singapore on Friday for his first reported trip overseas since late leader Kim Jong Il's December death. He is to head Sunday to Indonesia with two senior economic officials, according to North Korean state media. Kim, no relation to Kim Jong Il and current leader Kim Jong Un, often represents North Korea abroad.The weeklong journey comes on the heels of new U.N. sanctions imposed on North Korea for launching a long-range rocket last month in defiance of Security Council resolutions banning it from nuclear or ballistic missile activity. North Korea insists the launch was an attempt to send a satellite into space.Washington suspended an agreement to provide North Korea with ...

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