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November 27, 2024
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Information related to the North Korea business sector

Nigerian firm wades into murky legal waters with North Korean insurance policy
News

Nigerian firm wades into murky legal waters with North Korean insurance policy

Experts say Kaztec Engineering’s $50 million ship insurance from the DPRK likely violated UN sanctions regime

Nigerian firm wades into murky legal waters with North Korean insurance policy
Ethan JewellEthan Jewell January 31, 2022
North Koreans must wait up to 3 months for goods from train shipments: Source
News

North Koreans must wait up to 3 months for goods from train shipments: Source

Lengthy quarantine process at DPRK-China border means high prices and shortages likely to continue despite trade restart

North Koreans must wait up to 3 months for goods from train shipments: Source
Chad O'CarrollChad O'Carroll | Colin Zwirko January 27, 2022
‘Absolutely crazy’: Chaos at Chinese ports, Omicron threaten DPRK trade restart
Analysis

‘Absolutely crazy’: Chaos at Chinese ports, Omicron threaten DPRK trade restart

Handful of cases can shutter entire port cities as Beijing pursues elusive zero-COVID approach

‘Absolutely crazy’: Chaos at Chinese ports, Omicron threaten DPRK trade restart
Ethan JewellEthan Jewell January 20, 2022
North Korea received third cargo train shipment from China on Wednesday: Video
News

North Korea received third cargo train shipment from China on Wednesday: Video

Footage from Japanese outlet shows daily rail trade since Monday restart, though unclear how long activity will continue

North Korea received third cargo train shipment from China on Wednesday: Video
Colin ZwirkoColin Zwirko January 20, 2022
The North Korean studio that has animated a Christmas film and Italian cartoons
Analysis

The North Korean studio that has animated a Christmas film and Italian cartoons

Newly sanctioned SEK Studio has worked with South Korean and European artists for decades, raising money for Pyongyang

The North Korean studio that has animated a Christmas film and Italian cartoons
Benjamin R. YoungBenjamin R. Young January 19, 2022
Missile tests, train shipments and redefection, oh my! – NKNews Podcast Ep. 218
North Korea News Podcast

Missile tests, train shipments and redefection, oh my! – NKNews Podcast Ep. 218

The NK News team discusses the DPRK’s rapid series of missile launches, a dramatic border crossing and other recent news

Missile tests, train shipments and redefection, oh my! – NKNews Podcast Ep. 218
Jacco ZwetslootJacco Zwetsloot | NK News January 18, 2022
North Korea to allow imports via train from China in first since 2020: Sources
Border Controls

North Korea to allow imports via train from China in first since 2020: Sources

Train set to cross into North Korea on Monday as the country faces shortages from prolonged pandemic restrictions

North Korea to allow imports via train from China in first since 2020: Sources
Chad O'CarrollChad O'Carroll | Colin Zwirko January 16, 2022
In officially tax-free North Korea, where does the state get its money?
Analysis

In officially tax-free North Korea, where does the state get its money?

The DPRK has multiple revenue sources, including taxes, that have both positive and negative impacts on the economy

In officially tax-free North Korea, where does the state get its money?
Peter WardPeter Ward December 30, 2021
US bank fined $105k for violating North Korea sanctions
News

US bank fined $105k for violating North Korea sanctions

TD Bank processed over a thousand transactions for North Korean diplomats, apparently unaware it was illegal

US bank fined $105k for violating North Korea sanctions
Chaewon ChungChaewon Chung December 24, 2021
North Korea praises new food factories, but construction often dragged for years
Analysis

North Korea praises new food factories, but construction often dragged for years

Kim Jong Un pushed dog meat restaurant while border province built factories during year of acute food shortages

North Korea praises new food factories, but construction often dragged for years
Colin ZwirkoColin Zwirko December 21, 2021
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