Kaesong (Gaeseong; Korean pronunciation: [kɛsʰʌŋ]) is a city in North Hwanghae Province in the southern part of North Korea, a former Directly-Governed City, and the capital of Korea during the Taebong and subsequent Goryeo kingdoms. The city is near the Kaesong Industrial Region close to the border with South Korea and contains the remains of the Manwoldae palace. Called Songdo while it was the ancient capital of Goryeo, the city prospered as a trade center that produced Korean ginseng. Kaesong now functions as the DPRK's light industry centre.