Economy | NK News
July 19, 2024

Economy

Information related to the North Korea economic sector

North Korea unveils newly-reconstructed “utopia” town in Samjiyon

North Korea unveils newly-reconstructed “utopia” town in Samjiyon

Second stage completed, officials declare, with final stage deadline still set for October 2020

North Korea unveils newly-reconstructed “utopia” town in Samjiyon
Colin Zwirko
Colin Zwirko December 2, 2019
The looming deadline in nuclear talks: Kim’s three options before the year’s end

The looming deadline in nuclear talks: Kim’s three options before the year’s end

The DPRK leader wants a deal with the U.S., but he can fall back on Russia, China, and "Juche" should efforts fail

The looming deadline in nuclear talks: Kim’s three options before the year’s end
Wang Son-taek
Wang Son-taek November 29, 2019
What North Korea could learn from labor relations in post-reform China

What North Korea could learn from labor relations in post-reform China

Heavy state involvement and a lack of worker representation stifled the effective resolution of disputes in Guangdong

What North Korea could learn from labor relations in post-reform China
Jessup Jong
Jessup Jong November 28, 2019
Chinese cereal exports to North Korea remain high in August, September: data
NK PRO

Chinese cereal exports to North Korea remain high in August, September: data

New trade figures come as World Food Programme warns about continued food insecurity in the DPRK

Chinese cereal exports to North Korea remain high in August, September: data
Jacob Fromer
Jacob Fromer November 28, 2019
Under-construction Pyongyang tower block seen fitted with model apartment

Under-construction Pyongyang tower block seen fitted with model apartment

Development could speak to shifts in the DPRK's real estate market, experts say

Under-construction Pyongyang tower block seen fitted with model apartment
Oliver Hotham
Oliver Hotham November 27, 2019
Orascom financed LED displays on Pyongyang’s Ryugyong Hotel: sources

Orascom financed LED displays on Pyongyang’s Ryugyong Hotel: sources

Rumors also re-emerge about restaurants under-development in the hotel, which could open "next year"

Orascom financed LED displays on Pyongyang’s Ryugyong Hotel: sources
Chad O'Carroll
Chad O'Carroll November 26, 2019
Aaron Arnold becomes new U.S. member of UN’s North Korea sanctions panel

Aaron Arnold becomes new U.S. member of UN’s North Korea sanctions panel

Move follows recent reshuffle at UN panel monitoring North Korea sanctions implementation

Aaron Arnold becomes new U.S. member of UN’s North Korea sanctions panel
Chad O'Carroll
Chad O'Carroll November 24, 2019
Slight dip in Russian oil exports to North Korea in September: UN
NK PRO

Slight dip in Russian oil exports to North Korea in September: UN

Russia has transferred nearly 29,000 tons of oil to DPRK so far this year, data shows

Slight dip in Russian oil exports to North Korea in September: UN
Jacob Fromer
Jacob Fromer November 22, 2019
Singaporean at heart of NK Pro investigation jailed for sanctions violations

Singaporean at heart of NK Pro investigation jailed for sanctions violations

T Specialist firm also fined $800,000 for its role in sanctions violations, while Wang Zhiguo jailed for a year

Singaporean at heart of NK Pro investigation jailed for sanctions violations
Chad O'Carroll
Chad O'Carroll November 22, 2019
Construction underway on North Korean island set to become joint EDZ with China
NK PRO

Construction underway on North Korean island set to become joint EDZ with China

North Korean land on Chinese side of Tumen river has been promoted as opportunity by nearby Hunchun authorities

Construction underway on North Korean island set to become joint EDZ with China
Colin Zwirko
Colin Zwirko November 20, 2019