Economy
Information related to the North Korea economic sector
North Korea in Aug. 2020: A month review and what’s ahead
An analytical look at the main developments from Aug. 1, 2020 to Aug. 31, 2020
September 2, 2020
Accordions and fake beards: North Korean exports to China fall slightly in July
North Korea’s July exports shrunk compared to previous months, which marked a recovery after a steep COVID-19 crash
August 31, 2020
Why 2020 is Kim Jong Un’s most challenging year yet
Sanctions, border closures, COVID-19 and terrible weather are all snowballing into serious problems for the DPRK
August 31, 2020
North Korean insurance company data quietly signals economic recovery
Data from five insurance firms all show big improvement to performance, with one even reversing a bad downturn
August 28, 2020
North Korean hackers are turning emails into real-life ATM cash withdrawals
Operation FastCash 2.0 may be combining North Korea-linked hackers and real-world gangs to collect money for the DPRK
August 27, 2020
Canned pineapple, chocolate and bus tires: July’s Chinese exports to North Korea
The DPRK bought a more diverse range of items in July, meaning the country might be more confident about its food supply
August 26, 2020
What North Korea’s abruptly announced five-year plan means for the economy
The last five-year economic plan was suddenly abandoned in 2020, but the DPRK now pledges to draw up a new one
August 21, 2020
China opens new customs office along border with North Korea
The Changbaishan Customs Office will handle the only Sino-DPRK land passage at Shuangmu Peak land port
August 21, 2020
North Korea’s long-term economic goals ‘seriously delayed,’ ruling party says
Plenum meeting reveals details ahead of Eighth Congress in Jan. 2021, where a new five-year economic plan will emerge
August 19, 2020
North Korea is giving more power to farmers, but not without helping the elite
Major agricultural reforms aim to inspire farmers to produce more food, but not without age-old command and control
August 19, 2020
