Economy
Information related to the North Korea economic sector
Beyond Russia: The overlooked developments set to define North Korea in 2025
Economic troubles could increase pressure on regime, while selective reopening is redefining ties with outside world
January 1, 2025
North Korea delays opening of giant Wonsan Kalma resort again to June 2025
Kim Jong Un inspects site and touts ‘political stability’ as foreign tourist draw amid South Korea’s impeachment crisis
December 31, 2024
Kim Jong Un opens scallop farm to bring ‘riches’ to nuclear submarine town
North Korean leader also calls for transition from ocean fishing to aquaculture amid push to develop rural areas
December 30, 2024
North Korean defectors report highest-ever life satisfaction in 2024: Survey
But ROK government also finds rising unemployment among female escapees, underscoring persistent economic challenges
December 27, 2024
Seoul sanctions North Korean IT workers for raising illicit funds for nukes
New designations target 15 individuals and DPRK firm for earning foreign currency through remote work
December 26, 2024
Kim Jong Un makes frank speech about nation’s poverty at small factory opening
North Korean leader vows to fix ‘backward’ economy and declares flood recovery project complete in two speeches
December 23, 2024
Surge in textile imports drives up North Korea-China trade in November
Official data also reveals China sent wide variety of sanctioned goods, while DRPK brought in more food ahead of winter
December 20, 2024
North Korea steals $1.34B in cryptocurrency in 2024 in biggest year ever: Report
Haul represents 60% of all virtual assents stolen worldwide as DPRK hackers expand efforts to finance weapons programs
December 20, 2024
US sanctions UAE-based Chinese nationals over North Korean crypto laundering
Two men and their front company designated for converting stolen cryptocurrency to cash to fund DPRK weapons programs
December 18, 2024
All the companies that participated in the Pyongyang Autumn Trade Fair 2024
NK Pro confirms at least 117 firms took part, most from North Korea, marking significant decline from before pandemic
December 18, 2024
