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Economy

Information related to the North Korea economic sector

North Korea’s “first” insurance, reinsurance broker launches new website

North Korea’s “first” insurance, reinsurance broker launches new website

Rainbow Intermediaries, established in 2015, also provides "professional" consulting services

North Korea’s “first” insurance, reinsurance broker launches new website
Dagyum Ji
Dagyum Ji July 5, 2019
North Koreans explore natural gas power plant conversion in Vladivostok visit

North Koreans explore natural gas power plant conversion in Vladivostok visit

Delegation also attended workshop on market economy transition experiences

North Koreans explore natural gas power plant conversion in Vladivostok visit
Colin Zwirko
Colin Zwirko July 5, 2019
Seoul to fund research into inter-Korean economic cooperation in border region

Seoul to fund research into inter-Korean economic cooperation in border region

Researchers asked to investigate potential cross-border collaboration between local governments

Seoul to fund research into inter-Korean economic cooperation in border region
Dagyum Ji
Dagyum Ji July 5, 2019
Pyongyang’s oldest department store undergoing facelift, photos show
NK PRO

Pyongyang’s oldest department store undergoing facelift, photos show

Following prominent Daesong opening, activity also resumes at East Pyongyang Mall

Pyongyang’s oldest department store undergoing facelift, photos show
Colin Zwirko
Colin Zwirko July 3, 2019
North Korean imports of Chinese cereals increased in May, data shows
NK PRO

North Korean imports of Chinese cereals increased in May, data shows

Though the DPRK still spent more money importing tobacco products from PRC

North Korean imports of Chinese cereals increased in May, data shows
Leo Byrne
Leo Byrne July 3, 2019
Pyongyang Spring Trade Fair: missing companies identified
NK PRO

Pyongyang Spring Trade Fair: missing companies identified

NK Pro identifies additional companies from the Pyongyang Trade Fair, offers full brochure download

Pyongyang Spring Trade Fair: missing companies identified
NK Pro
NK Pro July 3, 2019
In flashy new ad, top North Korean drinks company touts products’ health benefits

In flashy new ad, top North Korean drinks company touts products’ health benefits

"Remarkable" marketing campaign hints at burgeoning domestic demand, expert says

In flashy new ad, top North Korean drinks company touts products’ health benefits
Dagyum Ji
Dagyum Ji July 2, 2019
Air Koryo to start Pyongyang-Dalian service again in July

Air Koryo to start Pyongyang-Dalian service again in July

Twice-weekly July service will expand to four times a week from August 19

Air Koryo to start Pyongyang-Dalian service again in July
Chad O'Carroll
Chad O'Carroll July 2, 2019
Russian oil shipments to North Korea valued at $3.3 million in April
NK PRO

Russian oil shipments to North Korea valued at $3.3 million in April

Figures notably higher than reported shipments from Beijing

Russian oil shipments to North Korea valued at $3.3 million in April
Leo Byrne
Leo Byrne July 1, 2019
Yangdok hot springs and ski resort project taking shape as October deadline looms
NK PRO

Yangdok hot springs and ski resort project taking shape as October deadline looms

Satellite imagery reveals scope of one of North Korea’s most-promoted new projects

Yangdok hot springs and ski resort project taking shape as October deadline looms
Colin Zwirko
Colin Zwirko June 28, 2019