Economy
Information related to the North Korea economic sector
State media review: The wide world of sports takes North Korea by storm
An in-depth analysis of sports competitions, letters from China and Russia, agricultural ‘morale’ and more
September 15, 2022
Kim Jong Un sets ambitious economic goals but has no real plan to achieve them
In latest speech, North Korean leader doubles down on decades-old proposals that have failed to fix incentive problems
September 13, 2022
North Korea and Russia agree to resume rail traffic, provincial government says
DPRK ambassador to Moscow reportedly reaches deal with Primorsky governor to open border for first time since 2020
September 9, 2022
North Korean waters see fewer intrusions as China’s fishing season resumes: Data
Beijing recently warned fishers to avoid North Korean waters, where violent clashes have sometimes taken place
September 9, 2022
North Korea promotes ‘encrypted’ money transfers through new financial product
Service advertised in recent brochure likely aims at concentrating foreign currency in state hands, experts say
September 6, 2022
North Korea in August 2022: A month in review and what’s ahead
An analytical look at the main developments from August 1, 2022 to August 31, 2022
September 2, 2022
North Korea updates foreign trade law in apparent attempt to control money flows
Introduction of new rules for second time during pandemic suggests lockdown led to more restrictive business environment
August 31, 2022
South Korea to cut unification ministry budget for first time in five years
Drop in funding for ministry overseeing North Korea due to broader austerity push and fewer defector arrivals
August 30, 2022
Friends without benefits: How a new US law penalizes South Korean carmakers
Inflation Reduction Act casts doubt over Washington’s commitment to multilateralism and economic security of its allies
August 30, 2022
New smartphones appear in North Koreans’ hands for first time in years
Models with more advanced cameras likely imported from China despite sanctions in effort to appeal to consumers
August 30, 2022
