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Economy

Information related to the North Korea economic sector

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
Dandong-North Korea trade: blessed with location, plagued by inefficiency
NK PRO

Dandong-North Korea trade: blessed with location, plagued by inefficiency

Obsolete payment systems and logistical issues are among the problems hindering the Chinese city's trade with the DPRK

Dandong-North Korea trade: blessed with location, plagued by inefficiency
Théo Clément
Théo Clément July 15, 2020
Russian exports to North Korea soared in April, new data shows
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Russian exports to North Korea soared in April, new data shows

In addition to 25,000 tonne food aid shipment, majority of goods related to construction, medicine

Russian exports to North Korea soared in April, new data shows
Min Chao Choy
Min Chao Choy July 3, 2020
North Korea in June 2020: a month in review and what’s ahead
NK PRO

North Korea in June 2020: a month in review and what’s ahead

An analysis of the main developments between June 1 and June 30

North Korea in June 2020: a month in review and what’s ahead
NK Pro
NK Pro July 2, 2020