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July 16, 2024
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Information related to the North Korea business sector

North Korean mega resort to host international marathon next year: Promoter
News

North Korean mega resort to host international marathon next year: Promoter

Tokyo organizer claims DPRK approved course around Wonsan-Kalma resort, but event likely depends on COVID policies

North Korean mega resort to host international marathon next year: Promoter
Colin ZwirkoColin Zwirko December 23, 2022
Singapore charges Pokka manager with selling $1M of canned drinks to North Korea
News

Singapore charges Pokka manager with selling $1M of canned drinks to North Korea

Court records indicate contraband products followed similar route into DPRK as luxury goods sold from city-state in past

Singapore charges Pokka manager with selling $1M of canned drinks to North Korea
Chad O'CarrollChad O'Carroll December 13, 2022
North Korean insurance companies increase profits despite pandemic and lockdown
Analysis

North Korean insurance companies increase profits despite pandemic and lockdown

Insurers show small but measurable revenue gains, suggesting the DPRK economy is in better shape than some estimates

North Korean insurance companies increase profits despite pandemic and lockdown
Martin WeiserMartin Weiser November 25, 2022
North Korea the world’s most corrupt country for 3rd straight year: Report
News

North Korea the world’s most corrupt country for 3rd straight year: Report

Kim Jong Un’s anti-corruption drives more about securing his own power rather than draining the swamp, expert says

North Korea the world’s most corrupt country for 3rd straight year: Report
Ethan JewellEthan Jewell November 16, 2022
Imagery reveals North Korea’s deceptions about ‘world’s largest’ greenhouse farm
Analysis

Imagery reveals North Korea’s deceptions about ‘world’s largest’ greenhouse farm

Construction ongoing at Ryonpho despite state media claims to contrary, a month after Kim Jong Un attended grand opening

Imagery reveals North Korea’s deceptions about ‘world’s largest’ greenhouse farm
Colin ZwirkoColin Zwirko November 14, 2022
Minions, knockoff Chanel, virtual mirror: North Korea holds women’s fashion expo
News

Minions, knockoff Chanel, virtual mirror: North Korea holds women’s fashion expo

Clothing choices have grown along with foreign media influence, but event shows options still dictated from above

Minions, knockoff Chanel, virtual mirror: North Korea holds women’s fashion expo
Colin ZwirkoColin Zwirko November 9, 2022
Fewer luxuries on sale at North Korea’s Daesong Department Store, photos show
Analysis

Fewer luxuries on sale at North Korea’s Daesong Department Store, photos show

Exclusive photos show domestic products fill shelves but far fewer luxury goods on display than before the pandemic

Fewer luxuries on sale at North Korea’s Daesong Department Store, photos show
Chad O'CarrollChad O'Carroll November 9, 2022
North Korea’s markets are not a revolutionary force for political change
Analysis

North Korea’s markets are not a revolutionary force for political change

DPRK entrepreneurs are dependent on and captive to state actors, giving them little incentive to challenge the regime

North Korea’s markets are not a revolutionary force for political change
Peter WardPeter Ward November 1, 2022
New photos give first look inside renovated Japanese luxury store in Pyongyang
News

New photos give first look inside renovated Japanese luxury store in Pyongyang

Exclusive images show South Korean clothes and Japanese electronics on sale in possible violation of UN sanctions

New photos give first look inside renovated Japanese luxury store in Pyongyang
Colin ZwirkoColin Zwirko October 31, 2022
Why North Korea’s shadow economy is not a solution to reform
Analysis

Why North Korea’s shadow economy is not a solution to reform

Informal economic activity provides key products but has limited growth potential, while even reform is not a cure-all

Why North Korea’s shadow economy is not a solution to reform
Peter WardPeter Ward October 28, 2022
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