Economy | NK News
July 19, 2024

Economy

Information related to the North Korea economic sector

Severe drought in North Korea cut expected harvest output in half: IFRC

Severe drought in North Korea cut expected harvest output in half: IFRC

Urgent action required to safeguard food security in the country, aid organization says

Severe drought in North Korea cut expected harvest output in half: IFRC
Oliver Hotham
Oliver Hotham July 18, 2019
Chinese oil volumes to North Korea fell in May, UN data shows
NK PRO

Chinese oil volumes to North Korea fell in May, UN data shows

Exports lower overall between January and May 2019 than last year

Chinese oil volumes to North Korea fell in May, UN data shows
Leo Byrne
Leo Byrne July 17, 2019
Inside North Korea’s growing insurance industry: a look at the key players
NK PRO

Inside North Korea’s growing insurance industry: a look at the key players

Company websites offer some insights into an increasingly competitive market

Inside North Korea’s growing insurance industry: a look at the key players
Martin Weiser
Martin Weiser July 17, 2019
Seoul “glad” to have UN investigate alleged N. Korea sanctions breaches: official

Seoul “glad” to have UN investigate alleged N. Korea sanctions breaches: official

Senior South Korean official dismisses Japanese claims as "groundless"

Seoul “glad” to have UN investigate alleged N. Korea sanctions breaches: official
Dagyum Ji
Dagyum Ji July 17, 2019
North Korean tobacco imports from China soared in 2018, data reveals
NK PRO

North Korean tobacco imports from China soared in 2018, data reveals

DPRK spent more than double on Chinese tobacco than it did on cereals

North Korean tobacco imports from China soared in 2018, data reveals
Leo Byrne
Leo Byrne July 17, 2019
Pyongyang health appliances expo attracted over 100 DPRK, foreign firms: photos
NK PRO

Pyongyang health appliances expo attracted over 100 DPRK, foreign firms: photos

PRC-based expo promoter claimed companies from several cities succeeded in making local contacts

Pyongyang health appliances expo attracted over 100 DPRK, foreign firms: photos
Colin Zwirko
Colin Zwirko July 15, 2019
Chinese surveillance software in use across range of N. Korean facilities: photos

Chinese surveillance software in use across range of N. Korean facilities: photos

Industry leader Hikvision under scrutiny in U.S. for possible information-sharing with Beijing

Chinese surveillance software in use across range of N. Korean facilities: photos
Colin Zwirko
Colin Zwirko July 12, 2019
An insider’s view: how banks try to avoid North Korea sanctions risks

An insider’s view: how banks try to avoid North Korea sanctions risks

In an extended NK News interview, sanctions compliance specialist explains challenge DPRK poses

An insider’s view: how banks try to avoid North Korea sanctions risks
Chad O'Carroll
Chad O'Carroll July 11, 2019
Top North Korean cosmetics brand launches new online shop

Top North Korean cosmetics brand launches new online shop

"Pomhyanggi" reportedly operated by the Sinuiju Cosmetics Factory, one of the oldest in the DPRK

Top North Korean cosmetics brand launches new online shop
Dagyum Ji
Dagyum Ji July 10, 2019
Six month time-lapse shows continued activity at North Korean coal terminals
NK PRO

Six month time-lapse shows continued activity at North Korean coal terminals

Images show multiple vessels and Nampho and Songnim, with open cargo holds

Six month time-lapse shows continued activity at North Korean coal terminals
Leo Byrne
Leo Byrne July 10, 2019