Business
Information related to the North Korea business sector
North Korea updates foreign trade law in apparent attempt to control money flows
Introduction of new rules for second time during pandemic suggests lockdown led to more restrictive business environment
August 31, 2022
Friends without benefits: How a new US law penalizes South Korean carmakers
Inflation Reduction Act casts doubt over Washington’s commitment to multilateralism and economic security of its allies
August 30, 2022
New smartphones appear in North Koreans’ hands for first time in years
Models with more advanced cameras likely imported from China despite sanctions in effort to appeal to consumers
August 30, 2022
As North Korean cyberattacks wreak havoc, insurers move to safeguard industry
Proposed exception for state-backed attacks will run into difficulties due to complexity of attribution, experts say
August 26, 2022
COVID outbreak at Russian border looms over North Korea trade plans
Virus surge in Vladivostok may disrupt plans to open import disinfection center, amid activity at DPRK border facility
August 26, 2022
Why foreign offers of investment will never be attractive to Pyongyang
Capital growth, transparency and foreign information are anathema to Kim Jong Un, who draws power from DPRK’s isolation
August 23, 2022
Seoul avoids diplomatic disaster in forced labor dispute with Japan — for now
Supreme Court could still order Japanese firm to pay reparations, a move that would incite cycle of mutual retaliation
August 23, 2022
Rising North Korean firm takes over special economic zone at border: State media
Pyongyang may push forward Sinuiju SEZ once land trade resumes with China, though no signs of progress are visible yet
August 22, 2022
Why South Korea’s powerful economy is still considered a developing market
Status contributes to undervalued stocks, but Seoul has shown little interest in required reforms
August 22, 2022
North Korea dismantling another Hyundai Asan resort at Mt. Kumgang: Imagery
Kumgang Pension Town latest target of efforts to remove South Korea’s properties at former inter-Korean tourism zone
August 21, 2022
