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December 23, 2024

Business

Information related to the North Korea business sector

How a North Korean businessman’s high-rise dreams came crashing down
COLUMN

How a North Korean businessman’s high-rise dreams came crashing down

A defector’s memoir illuminates how private entrepreneurs, relying on bribery, drove a construction boom in Pyongyang

How a North Korean businessman’s high-rise dreams came crashing down
Andrei Lankov
Andrei Lankov February 25, 2022
How North Korea’s rock-bottom credit rating hampers major development plans

How North Korea’s rock-bottom credit rating hampers major development plans

North Korea must take reforms more seriously to capitalize on high financial literacy in the country, experts say

How North Korea’s rock-bottom credit rating hampers major development plans
Harry Clynch
Harry Clynch February 22, 2022
US blacklists Chinese firm suspected of violating sanctions against North Korea

US blacklists Chinese firm suspected of violating sanctions against North Korea

New export controls apply to Chinese manufacturer of specialized metallic powder used in ballistic missiles

US blacklists Chinese firm suspected of violating sanctions against North Korea
Ethan Jewell
Ethan Jewell February 16, 2022
The China connection: North Korea’s nuclear operations in the Middle Kingdom
NK PRO

The China connection: North Korea’s nuclear operations in the Middle Kingdom

Recent missile tests underscore the importance of North Korea's procurement and proliferation networks in China

The China connection: North Korea’s nuclear operations in the Middle Kingdom
Gary Somerville | James Byrne February 14, 2022
North Korea tried to buy luxury cars ahead of food crisis last year: Report

North Korea tried to buy luxury cars ahead of food crisis last year: Report

New UN draft report documents effort to procure four top-of-the-line SUVs last year despite strict COVID border controls

North Korea tried to buy luxury cars ahead of food crisis last year: Report
Chad O'Carroll
Chad O'Carroll February 9, 2022
The price is right: How North Korea has sought to rein in market forces
NK PRO

The price is right: How North Korea has sought to rein in market forces

Recent DPRK research points to tighter regulations, likely to prevent price wars and manage competition between firms

The price is right: How North Korea has sought to rein in market forces
Peter Ward
Peter Ward February 8, 2022
Nigerian firm wades into murky legal waters with North Korean insurance policy
NK PRO

Nigerian firm wades into murky legal waters with North Korean insurance policy

Experts say Kaztec Engineering’s $50 million ship insurance from the DPRK likely violated UN sanctions regime

Nigerian firm wades into murky legal waters with North Korean insurance policy
Ethan Jewell
Ethan Jewell January 31, 2022
North Koreans must wait up to 3 months for goods from train shipments: Source
NK PRO

North Koreans must wait up to 3 months for goods from train shipments: Source

Lengthy quarantine process at DPRK-China border means high prices and shortages likely to continue despite trade restart

North Koreans must wait up to 3 months for goods from train shipments: Source
Chad O'Carroll
Chad O'Carroll | Colin Zwirko January 27, 2022
‘Absolutely crazy’: Chaos at Chinese ports, Omicron threaten DPRK trade restart
NK PRO

‘Absolutely crazy’: Chaos at Chinese ports, Omicron threaten DPRK trade restart

Handful of cases can shutter entire port cities as Beijing pursues elusive zero-COVID approach

‘Absolutely crazy’: Chaos at Chinese ports, Omicron threaten DPRK trade restart
Ethan Jewell
Ethan Jewell January 20, 2022
North Korea received third cargo train shipment from China on Wednesday: Video

North Korea received third cargo train shipment from China on Wednesday: Video

Footage from Japanese outlet shows daily rail trade since Monday restart, though unclear how long activity will continue

North Korea received third cargo train shipment from China on Wednesday: Video
Colin Zwirko
Colin Zwirko January 20, 2022
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