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January 11, 2025

Economy

Information related to the North Korea economic sector

North Korean insurance company data quietly signals economic recovery
NK PRO

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

North Korean insurance company data quietly signals economic recovery
Martin Weiser
Martin Weiser August 28, 2020
North Korean hackers are turning emails into real-life ATM cash withdrawals

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

North Korean hackers are turning emails into real-life ATM cash withdrawals
Min Chao Choy
Min Chao Choy August 27, 2020
Canned pineapple, chocolate and bus tires: July’s Chinese exports to North Korea
NK PRO

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

Canned pineapple, chocolate and bus tires: July’s Chinese exports to North Korea
Min Chao Choy
Min Chao Choy August 26, 2020
What North Korea’s abruptly announced five-year plan means for the economy
NK PRO

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

What North Korea’s abruptly announced five-year plan means for the economy
Peter Ward
Peter Ward August 21, 2020
China opens new customs office along border with North Korea

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

China opens new customs office along border with North Korea
Min Chao Choy
Min Chao Choy August 21, 2020
North Korea’s long-term economic goals ‘seriously delayed,’ ruling party says

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

North Korea’s long-term economic goals ‘seriously delayed,’ ruling party says
Colin Zwirko
Colin Zwirko | Jeongmin Kim August 19, 2020
North Korea is giving more power to farmers, but not without helping the elite
NK PRO

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

North Korea is giving more power to farmers, but not without helping the elite
Peter Ward
Peter Ward August 19, 2020
Why insurance companies might be stuck paying ransoms to North Korean hackers

Why insurance companies might be stuck paying ransoms to North Korean hackers

North Korean hackers make ransoms cheaper than backup and restoration costs, making it likely companies will pay up

Why insurance companies might be stuck paying ransoms to North Korean hackers
Shea Cotton
Shea Cotton August 18, 2020
North Korea will convene a meeting to decide on ‘issue of crucial significance’

North Korea will convene a meeting to decide on ‘issue of crucial significance’

Significant foreign and domestic policy announcements expected at ruling party Plenary Meeting on Aug. 19

North Korea will convene a meeting to decide on ‘issue of crucial significance’
Colin Zwirko
Colin Zwirko August 17, 2020
Who’s writing the rules of the North Korean economy?
NK PRO

Who’s writing the rules of the North Korean economy?

A newly-obtained document detailing 2014 economic reforms reveals the government’s role in economic regulation

Who’s writing the rules of the North Korean economy?
Peter Ward
Peter Ward August 17, 2020