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November 19, 2024

Economy

Information related to the North Korea economic sector

North Korean insurance companies release data pointing to growth in economy
NK PRO

North Korean insurance companies release data pointing to growth in economy

Three of DPRK’s four smaller insurers showed significant growth, highlighting changes to regime’s taxation approach

North Korean insurance companies release data pointing to growth in economy
Martin Weiser
Martin Weiser January 29, 2024
North Korean hackers stole $1 billion in cryptocurrency in 2023: Report
NK PRO

North Korean hackers stole $1 billion in cryptocurrency in 2023: Report

DPRK cybercriminals behind over half of all crypto stolen last year as annual haul marks country’s second-highest ever

North Korean hackers stole $1 billion in cryptocurrency in 2023: Report
Shreyas Reddy
Shreyas Reddy January 25, 2024
Kim Jong Un lays out 10-year plan to fix ‘backward’ economy at Politburo meeting

Kim Jong Un lays out 10-year plan to fix ‘backward’ economy at Politburo meeting

Two-day Politburo meeting follows Kim's announcement of new 'local development 20×10 policy' earlier this month

Kim Jong Un lays out 10-year plan to fix ‘backward’ economy at Politburo meeting
Colin Zwirko
Colin Zwirko January 25, 2024
North Koreans warned to brace for frigid weather as cold snap grips peninsula

North Koreans warned to brace for frigid weather as cold snap grips peninsula

Experts say millions residing outside Pyongyang at particular risk of exposure as temperatures plummet well below zero

North Koreans warned to brace for frigid weather as cold snap grips peninsula
Joon Ha Park
Joon Ha Park January 24, 2024
Number of North Koreans entering Russia surges to 365 in Q3 2023: Data

Number of North Koreans entering Russia surges to 365 in Q3 2023: Data

Experts say increase is likely due to deepening ties as number of Russians visiting DPRK also jumped in same period

Number of North Koreans entering Russia surges to 365 in Q3 2023: Data
Anton Sokolin
Anton Sokolin January 23, 2024
Fertilizer chemical tops North Korea’s imports from China in December
NK PRO

Fertilizer chemical tops North Korea’s imports from China in December

Expert says DPRK has long lacked fertilizer for farming and likely purchased chemical with recent ‘additional revenues’

Fertilizer chemical tops North Korea’s imports from China in December
Anton Sokolin
Anton Sokolin January 22, 2024
North Korean trade with China doubles in 2023 to highest since pandemic began

North Korean trade with China doubles in 2023 to highest since pandemic began

Official figures show trade has nearly recovered to 2019 levels as DPRK projects confidence in economic direction

North Korean trade with China doubles in 2023 to highest since pandemic began
Anton Sokolin
Anton Sokolin January 18, 2024
First tour to North Korea already at capacity, Russian travel firm says

First tour to North Korea already at capacity, Russian travel firm says

Over 100 people have reportedly signed up for tour organized with Far East region in effort to promote travel to DPRK

First tour to North Korea already at capacity, Russian travel firm says
Anton Sokolin
Anton Sokolin January 16, 2024
North Korea’s ‘empty’ economic policies created major wealth gap: Kim Jong Un

North Korea’s ‘empty’ economic policies created major wealth gap: Kim Jong Un

Leader vows to rebuild industry in every city and town over next 10 years to address widespread ‘backward’ conditions

North Korea’s ‘empty’ economic policies created major wealth gap: Kim Jong Un
Colin Zwirko
Colin Zwirko January 16, 2024
Interview: Former head of Kaesong group still hopes for inter-Korean cooperation

Interview: Former head of Kaesong group still hopes for inter-Korean cooperation

As tensions rise, Kim Jin-hyang recalls positive exchanges between North and South Koreans at Kaesong Industrial Complex

Interview: Former head of Kaesong group still hopes for inter-Korean cooperation
Joon Ha Park
Joon Ha Park | Shreyas Reddy January 15, 2024
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