Business
Information related to the North Korea business sector
North Korea bans foreign children in restaurants and shops to combat COVID-19
The new rule is the latest in a long series of pandemic prevention measures, despite Pyongyang claiming to be virus-free
January 22, 2021
Cigarette paper sales to North Korea go up in smoke with $2.5 million in fines
An Indonesian firm was hit with two back-to-back fines for violating sanctions with cigarette papers
January 18, 2021
Indonesian company fined $1 million for selling cigarette papers to North Korea
U.S. Treasury fined the paper manufacturer for violating sanctions using 28 separate U.S. dollar wire transfers
January 15, 2021
Statues in Africa traced back to North Korean artists making money for regime
A new report suggests that two North Korean artists are using a front company to make the DPRK dollars
January 15, 2021
China-DPRK trade was on the rise, but plunged in 2020 over COVID-19
North Korea leaned into unsustainable trade deficits with China, and then COVID-19 disrupted it all
January 5, 2021
North Korea could deploy more illegal workers abroad using new Russian e-visas
Russia rolled out a new visa program to 52 countries, experts say it could weaken the U.N. ban on DPRK workers
January 4, 2021
North Korea in Dec. 2020: A month in review and what’s ahead
An analytical look at the main developments from Dec. 1, 2020 to Dec. 31, 2020
January 1, 2021
Russian workers leave North Korea as joint coal project nears year-long shutdown
Some employees of RasonConTrans remain in border city despite COVID-19 lockdown putting indefinite pause on business
December 24, 2020
Singaporean breached North Korea sanctions with bulk exports of Pokka coffee
Pokka Singapore denies connection with recently jailed Lim “William” Cheng Hwee and SINSMS freight-forwarding company
December 21, 2020
Singaporean company director jailed for selling alcohol to North Korea
Director of company sanctioned by Treasury is jailed for two months, wife charged with financial penalty
December 14, 2020
