Business
Information related to the North Korea business sector
Hairy business: Wigs once again drive up North Korea-China trade in November
DPRK continues to import hair to make wigs, while purchasing millions in foodstuffs and selling raw materials
North Korea-China trade spikes to 4-year high as trucks and trains cross daily
Both imports and exports surge in November as DPRK slowly emerges from extended isolation during pandemic
North Korea wants more Russian tourists to visit, Far East officials say
Primorsky Krai says DPRK proposed new rail, sea and air routes between countries, after delegation returns from visit
China likely re-exported millions of dollars of North Korean goods, data shows
DPRK alloy and wigs likely transshipped to South Korea and US, while Pyongyang imported foreign luxury goods via China
Russian Far East delegation arrives in North Korea to discuss economic plans
Regional governor has expressed interested in joint construction projects as DPRK laborers continue to work in Russia
North Korea to hype domestic tourism to Russians at Moscow expo, minister says
Russian official says Moscow also seeks DPRK tourists, a possible bid to boost influx of sanctioned laborers
Why Russian airlines may be eyeing routes to North Korea amid burgeoning ties
Experts say tourism and desire to transport DPRK laborers are likely behind proposal but question its feasibility
North Korean insurance firm planning entry to Russian market, association says
Russian insurers call move ‘promising,’ though expert raises doubts that reinsurer could pay out in case of incident
Chinese law firm to open first office in North Korea despite sanctions concerns
Jingsh say it will support foreign investment and acquisitions, years after UN sanctions drove out other law firms
North Korean hackers mimic e-commerce app to steal South Koreans’ data: NIS
ROK spy agency says DPRK copied app used by over 20 million, highlighting its sophisticated imitation tactics
