Economy | NK PRO
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February 03, 2025
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Economy

Information related to the North Korea economic sector

Here we go again: Kim Jong Un is pinning false hope on tech to fix his economy
Analysis

Here we go again: Kim Jong Un is pinning false hope on tech to fix his economy

From Mao to Stalin, communist leaders have pushed bad science in hope of achieving their socialist utopias

Here we go again: Kim Jong Un is pinning false hope on tech to fix his economy
Andrei LankovAndrei Lankov March 12, 2021
North Korea pushes contactless payments, claims growth in online shopping
News

North Korea pushes contactless payments, claims growth in online shopping

State media touts E-payments via mobile apps and QR codes as way to prevent the spread of COVID-19

North Korea pushes contactless payments, claims growth in online shopping
Colin ZwirkoColin Zwirko March 11, 2021
From McDonald’s to Walmart: How North Korea can reinvent its economy
Analysis

From McDonald’s to Walmart: How North Korea can reinvent its economy

Large Western retail corporations could serve as a model for Pyongyang’s centrally-planned production

From McDonald’s to Walmart: How North Korea can reinvent its economy
Peter WardPeter Ward March 10, 2021
North Korean ships resume coal smuggling as ice and restrictions thaw
News

North Korean ships resume coal smuggling as ice and restrictions thaw

Vessel movements near Nampho port’s coal yard in February indicate loosened COVID-19 measures

North Korean ships resume coal smuggling as ice and restrictions thaw
Min Chao ChoyMin Chao Choy March 9, 2021
North Korea-Russia trade plummeted by nearly 42% in 2020 — the year of COVID-19
News

North Korea-Russia trade plummeted by nearly 42% in 2020 — the year of COVID-19

New data suggests that trade between Pyongyang and Moscow suffered greater blows than previously thought

North Korea-Russia trade plummeted by nearly 42% in 2020 — the year of COVID-19
Min Chao ChoyMin Chao Choy March 5, 2021
North Korean delegation taps China for help on key chemical projects
Border Controls

North Korean delegation taps China for help on key chemical projects

A celebrated North Korean businessman met with government and company leaders in Tongchuan, China

North Korean delegation taps China for help on key chemical projects
Colin ZwirkoColin Zwirko March 5, 2021
Kim Jong Un urges officials to stop ‘bluffing’ and boost crop output
News

Kim Jong Un urges officials to stop ‘bluffing’ and boost crop output

North Korean leader reiterated fight against corruption, non-socialist acts at ongoing meeting of local-level officials 

Kim Jong Un urges officials to stop ‘bluffing’ and boost crop output
Colin ZwirkoColin Zwirko March 4, 2021
North Korean fleets spur into action after a winter of COVID-19 trade lockdowns
News

North Korean fleets spur into action after a winter of COVID-19 trade lockdowns

At least 15 North Korea-linked ships were active in late Feb. 2021, according to Automatic Identification System data

North Korean fleets spur into action after a winter of COVID-19 trade lockdowns
Min Chao ChoyMin Chao Choy March 4, 2021
Kim Jong Un pushes for ‘full-scale’ economic development across North Korea
News

Kim Jong Un pushes for ‘full-scale’ economic development across North Korea

DPRK leader orders city and county leaders to improve the local economy and increase political discipline

Kim Jong Un pushes for ‘full-scale’ economic development across North Korea
Colin ZwirkoColin Zwirko March 3, 2021
North Korea adopts ‘import disinfection’ law to boost trade amid pandemic
Border Controls

North Korea adopts ‘import disinfection’ law to boost trade amid pandemic

New laws on social security and east coast land development also passed by Supreme People’s Assembly

North Korea adopts ‘import disinfection’ law to boost trade amid pandemic
Colin ZwirkoColin Zwirko March 3, 2021
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