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January 11, 2025

Economy

Information related to the North Korea economic sector

North Korea in Oct. 2020: A month review and what’s ahead
NK PRO

North Korea in Oct. 2020: A month review and what’s ahead

An analytical look at the main developments from Oct. 1, 2020 to Oct. 31, 2020

North Korea in Oct. 2020: A month review and what’s ahead
NK Pro
NK Pro November 3, 2020
Timeline: From the military parade to Kim Jong Un’s letter to Trump
NK PRO

Timeline: From the military parade to Kim Jong Un’s letter to Trump

NK Pro timeline charts the key events from Oct. 1 - Oct. 31

Timeline: From the military parade to Kim Jong Un’s letter to Trump
NK Pro
NK Pro November 2, 2020
North Korea’s radically changed currency policy could destabilize the economy
NK PRO

North Korea’s radically changed currency policy could destabilize the economy

By all indications, the DPRK government is trying to limit the amount of North Korean Won in circulation

North Korea’s radically changed currency policy could destabilize the economy
Peter Ward
Peter Ward November 2, 2020
China-DPRK ‘bridge to nowhere’ closer to opening as highway work restarts
NK PRO

China-DPRK ‘bridge to nowhere’ closer to opening as highway work restarts

Revived activity shows that North Korea is eager to use the bridge as soon as it reopens its borders

China-DPRK ‘bridge to nowhere’ closer to opening as highway work restarts
Colin Zwirko
Colin Zwirko October 30, 2020
North Korea introduces strict currency exchange restrictions for foreigners

North Korea introduces strict currency exchange restrictions for foreigners

New rules mean diplomats can only exchange $100 a day per person

North Korea introduces strict currency exchange restrictions for foreigners
Chad O'Carroll
Chad O'Carroll October 29, 2020
Chinese trade with North Korea painfully low in September, food imports bleak
NK PRO

Chinese trade with North Korea painfully low in September, food imports bleak

Trade with China dropped 92% compared to the same period last year, largely due to COVID-19-related border closures

Chinese trade with North Korea painfully low in September, food imports bleak
Min Chao Choy
Min Chao Choy October 27, 2020
Tourism firms cast doubt on claims that China-North Korea tours will resume soon

Tourism firms cast doubt on claims that China-North Korea tours will resume soon

Tour agencies say officials in Beijing and Pyongyang deny PRC-DPRK tourism about to resume

Tourism firms cast doubt on claims that China-North Korea tours will resume soon
Chad O'Carroll
Chad O'Carroll October 27, 2020
Pyongyang stores low on foreign goods amid North Korean COVID-19 paranoia

Pyongyang stores low on foreign goods amid North Korean COVID-19 paranoia

State media warned citizens against imported items out of fear that they could spread the virus from abroad

Pyongyang stores low on foreign goods amid North Korean COVID-19 paranoia
Jeongmin Kim
Jeongmin Kim October 27, 2020
How overseas labor improves ordinary North Korean lives – NKNews Podcast Ep. 153
Podcast

How overseas labor improves ordinary North Korean lives – NKNews Podcast Ep. 153

Andrei Lankov and Peter Ward discuss the difficulties and opportunities of the North Korean workers living abroad

How overseas labor improves ordinary North Korean lives – NKNews Podcast Ep. 153
Jacco Zwetsloot
Jacco Zwetsloot October 26, 2020
North Korea urges people indoors, fearing dust from China will spread COVID-19

North Korea urges people indoors, fearing dust from China will spread COVID-19

Foreigners in Pyongyang say the government asked them to stay inside, while outdoor construction was banned on Thursday

North Korea urges people indoors, fearing dust from China will spread COVID-19
Jeongmin Kim
Jeongmin Kim October 22, 2020