Economy
Information related to the North Korea economic sector
North Korea and Syria to work toward reviving economic cooperation: Damascus
Two sides agree to form committee on cooperation, Syria says, after friendly nations halted joint work due to pandemic
August 3, 2022
How Kim Jong Un created space for North Korean firms to set prices — with limits
Documents show DPRK leader reinstated agreed price system his father rolled back but stopped short of true free market
August 2, 2022
Ask a North Korean: What are toilets like in the DPRK?
Public restrooms and toilet paper are in short supply, while expense of flush toilets results in a porcelain ‘hierarchy’
July 29, 2022
Mad about THAAD: South Korea-China dispute over US missile interceptor returns
Seoul again finds itself caught between Beijing and Washington as it looks for defenses against North Korean threats
July 28, 2022
North Korea’s economy contracts for second straight year, ROK central bank says
Bank of Korea estimates 0.1% contraction as COVID, economic mismanagement and sanctions weigh on the economy
July 28, 2022
How ride-sharing services like Uber could end Seoul’s dire taxi shortage
Drivers aren’t returning after industry exodus during pandemic, leaving people stranded even in city center at night
July 26, 2022
North Korea monetizes highway to main seaport with new toll gate: Imagery
Expert says tolls create incentive to increase vehicle traffic as pandemic restrictions funnel trade through port
July 22, 2022
How North Korean businesses skirted state-set price controls to survive
Collapse of Soviet Union led Pyongyang to create markets for enterprises to trade, but a backlash rolled back reforms
July 21, 2022
How North Korean police corruption became essential to the growth of markets
Businesspeople pay bribes to police in order to create the space necessary for them to buy, sell and trade their wares
July 21, 2022
Russian envoy says North Korea could send workers to breakaway Ukrainian states
Suggested cooperation between DPRK and Moscow-backed Donbas republics would undermine UN sanctions, some experts say
July 19, 2022
