Business
Information related to the North Korea business sector
Russian tourists depart for North Korea as part of first tour since pandemic
Tour manager told NK News that 97 Russian nationals boarded flight from Vladivostok for trip to Pyongyang and ski resort
February 9, 2024
Ask a North Korean: Does the DPRK have digital payment systems?
Services have cropped up for transferring money and making payments, but distrust in banks poses obstacles to their use
Kim Jong Un secretly visits new luxury mall in Pyongyang with China connections
Amid ‘communism’ revival, North Korea signals elite class remains priority and driver of sanctions evasion efforts
February 1, 2024
20×10=success? Why Kim Jong Un’s regional development plan may be too ambitious
North Korea seeks to build 200 factories over the next decade, but finding the resources will be easier said than done
January 31, 2024
North Korea imported over 100,000 barrels of petroleum from Russia last year
UN data shows huge uptick in Russia’s exports of refined petroleum, though volume still lags behind pre-pandemic levels
January 31, 2024
North Korean insurance companies release data pointing to growth in economy
Three of DPRK’s four smaller insurers showed significant growth, highlighting changes to regime’s taxation approach
January 29, 2024
Fertilizer chemical tops North Korea’s imports from China in December
Expert says DPRK has long lacked fertilizer for farming and likely purchased chemical with recent ‘additional revenues’
January 22, 2024
North Korean trade with China doubles in 2023 to highest since pandemic began
Official figures show trade has nearly recovered to 2019 levels as DPRK projects confidence in economic direction
January 18, 2024
Dutch firm organizing North Korea trip for foreign journalists in April
GPI Consultancy says DPRK partners requested it start preparing for what could be first press mission in years
January 17, 2024
No North Korean activity at Kaesong zone after signs of life last year: Photos
Images from border suggest sharp decline in activity from summer, after Seoul accused DPRK of operating 30 factories
January 16, 2024
