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January 11, 2025

Economy

Information related to the North Korea economic sector

North Korean insurance company data gives unprecedented peek into DPRK economy
NK PRO

North Korean insurance company data gives unprecedented peek into DPRK economy

National insurer is facing growing competition from new, small companies

North Korean insurance company data gives unprecedented peek into DPRK economy
Martin Weiser
Martin Weiser July 24, 2020
Kim’s construction project woes reflect his poor economic planning
COLUMN

Kim’s construction project woes reflect his poor economic planning

The Supreme Leader is now scapegoating others for failing to meet his latest hospital project's unrealistic deadlines

Kim’s construction project woes reflect his poor economic planning
Aidan Foster-Carter
Aidan Foster-Carter July 24, 2020
Kim Yo Jong left doors open for talks with US, unification minister nominee says

Kim Yo Jong left doors open for talks with US, unification minister nominee says

While foreseeing impasse will go on until U.S. presidential election, Lee says he "won't hesitate" to meet Kim Jong Un

Kim Yo Jong left doors open for talks with US, unification minister nominee says
Jeongmin Kim
Jeongmin Kim July 23, 2020
Tour operators believe North Korea won’t open until sometime in 2021

Tour operators believe North Korea won’t open until sometime in 2021

Practitioners from the travel industry speculate that the border could reopen sometime between 2021 and 2022

Tour operators believe North Korea won’t open until sometime in 2021
Chad O'Carroll
Chad O'Carroll July 22, 2020
Kim Jong Un inspects new chicken farm construction, calls older ones ‘backwards’

Kim Jong Un inspects new chicken farm construction, calls older ones ‘backwards’

Kwangchon Chicken Farm is only the second economic site to see a public visit from Kim this year

Kim Jong Un inspects new chicken farm construction, calls older ones ‘backwards’
Colin Zwirko
Colin Zwirko July 22, 2020
North Korea changes its maritime law amid increased fishing, casualties
NK PRO

North Korea changes its maritime law amid increased fishing, casualties

North Korea is addressing safety issues and becoming increasingly transparent about changes to the maritime law

North Korea changes its maritime law amid increased fishing, casualties
Martin Weiser
Martin Weiser July 22, 2020
North Korean leader says major hospital project lacks budget, proper supplies

North Korean leader says major hospital project lacks budget, proper supplies

Visit to Pyongyang General Hospital marks Kim Jong Un’s first inspection since May 1

North Korean leader says major hospital project lacks budget, proper supplies
Colin Zwirko
Colin Zwirko July 19, 2020
Why the COVID-19 crisis could actually benefit the North Korean economy
NK PRO

Why the COVID-19 crisis could actually benefit the North Korean economy

The benefits of growing U.S.-China tensions may outweigh the damage caused by the pandemic

Why the COVID-19 crisis could actually benefit the North Korean economy
Peter Ward
Peter Ward July 17, 2020
“Being in North Korea”: teaching business in the world’s last Stalinist state

“Being in North Korea”: teaching business in the world’s last Stalinist state

A new book details the trials and tribulations of on-the-ground engagement in the DPRK

“Being in North Korea”: teaching business in the world’s last Stalinist state
Oliver Hotham
Oliver Hotham July 15, 2020
North Korean TV spotlights small city’s development, omits major ongoing project
NK PRO

North Korean TV spotlights small city’s development, omits major ongoing project

New apartment blocks, factory improvements in Huichon touted a week after city said to be experiencing “problems”

North Korean TV spotlights small city’s development, omits major ongoing project
Colin Zwirko
Colin Zwirko July 15, 2020