Business
Information related to the North Korea business sector
Singaporean resident fined for shipping luxury goods to North Korea
The fines follow a flurry of Singaporean court decisions related to illegal luxury goods exports to the DPRK
July 29, 2020
The strange reason North Korean email addresses are designed to fail
North Korean factories and service providers increasingly embrace the web, but emails remain a major business setback
July 28, 2020
North Korean insurance company data gives unprecedented peek into DPRK economy
National insurer is facing growing competition from new, small companies
July 24, 2020
Tour operators believe North Korea won’t open until sometime in 2021
Practitioners from the travel industry speculate that the border could reopen sometime between 2021 and 2022
July 22, 2020
Kim Jong Un inspects new chicken farm construction, calls older ones ‘backwards’
Kwangchon Chicken Farm is only the second economic site to see a public visit from Kim this year
July 22, 2020
North Korea changes its maritime law amid increased fishing, casualties
North Korea is addressing safety issues and becoming increasingly transparent about changes to the maritime law
July 22, 2020
SCN Singapore secretary fined $4,300 for sourcing luxury goods to North Korea
Lam Hon Lan pled guilty to charges under Singapore’s United Nations Act for sourcing nearly $60,000 in luxury items
July 21, 2020
UAE tobacco firm admits to violating U.S. sanctions on North Korea
U.S. Treasury accuses Essentra FZE of devising "criminal scheme" to fund cigarette tip exports to DPRK
July 16, 2020
Amazon fined for processing orders linked to North Korea
Online retailer will pay more than $130,000 for violating sanctions against DPRK, Iran, Cuba, Sudan, and Syria
July 8, 2020
The English-language voice of North Korea – NKNews Podcast Ep.136
Paul White discusses being the narrator at the Kumsusan Palace of the Sun mausoleum and doing business in North Korea
July 7, 2020
