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Economy

Information related to the North Korea economic sector

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
Swiss robotics appear at new North Korean factory in potential sanctions breach

Swiss robotics appear at new North Korean factory in potential sanctions breach

ABB products were previously found by a UN panel to have been acquired by the DPRK without company’s knowledge

Swiss robotics appear at new North Korean factory in potential sanctions breach
Colin Zwirko
Colin Zwirko November 19, 2019
North Korea holds first-ever national cosmetics exhibition

North Korea holds first-ever national cosmetics exhibition

Around 930 types of 137,000 cosmetic products were displayed at the week-long event in Pyongyang

North Korea holds first-ever national cosmetics exhibition
Dagyum Ji
Dagyum Ji November 19, 2019
130+ traffic education parks built across North Korea since 2016: imagery
NK PRO

130+ traffic education parks built across North Korea since 2016: imagery

What’s driving the construction, and is the DPRK preparing to become a car-owning society?

130+ traffic education parks built across North Korea since 2016: imagery
Colin Zwirko
Colin Zwirko November 18, 2019
Party like it’s 1998: how South Korean tourism to Mount Kumgang got started
COLUMN

Party like it’s 1998: how South Korean tourism to Mount Kumgang got started

The story of how South Korea's leading dissident and a chaebol tycoon launched the historic inter-Korean project

Party like it’s 1998: how South Korean tourism to Mount Kumgang got started
Aidan Foster-Carter
Aidan Foster-Carter November 17, 2019
Life on the ground in North Korea through the eyes of a Pyongyang expat

Life on the ground in North Korea through the eyes of a Pyongyang expat

A former resident of the DPRK capital discusses what they personally observed during their four-year stay

Life on the ground in North Korea through the eyes of a Pyongyang expat
Nils Weisensee
Nils Weisensee November 15, 2019
Kim Jong Un expresses concerns over December opening of hot springs resort

Kim Jong Un expresses concerns over December opening of hot springs resort

In sixth visit to the Yangdok resort, North Korean leader points to “shortcomings” in progress

Kim Jong Un expresses concerns over December opening of hot springs resort
Colin Zwirko
Colin Zwirko November 14, 2019
North Korea’s Central Bank: lender, regulator, and inflation fighter
NK PRO

North Korea’s Central Bank: lender, regulator, and inflation fighter

Relatively unimportant before marketization, the Central Bank's rise reflects the increasing power of money in the DPRK

North Korea’s Central Bank: lender, regulator, and inflation fighter
Peter Ward
Peter Ward November 14, 2019
Another new international foodstuffs exhibition wraps up in Pyongyang

Another new international foodstuffs exhibition wraps up in Pyongyang

Chinese companies once again dominate foreign participation while North Koreans show off health supplements, beverages

Another new international foodstuffs exhibition wraps up in Pyongyang
Colin Zwirko
Colin Zwirko November 14, 2019