Economy | NK News
July 16, 2024

Economy

Information related to the North Korea economic sector

Signs of progress? Kim Jong Un approves designs at long-stalled hospital project

Signs of progress? Kim Jong Un approves designs at long-stalled hospital project

New signage OK’d for Pyongyang General, but facility remains unopened years after construction deadline

Signs of progress? Kim Jong Un approves designs at long-stalled hospital project
Colin Zwirko
Colin Zwirko April 27, 2023
Kim Jong Un upgrades megayachts again as state media stresses ‘shortages’
NK PRO

Kim Jong Un upgrades megayachts again as state media stresses ‘shortages’

Satellite imagery shows annual repairs on two of North Korean leader’s vessels after remodeling of Wonsan shipyard

Kim Jong Un upgrades megayachts again as state media stresses ‘shortages’
Colin Zwirko
Colin Zwirko April 26, 2023
British American Tobacco to pay record $629 million fine over North Korea sales

British American Tobacco to pay record $629 million fine over North Korea sales

Cigarette makers staged ‘elaborate scheme’ that fueled regime’s habit and violated sanctions, US authorities say

British American Tobacco to pay record $629 million fine over North Korea sales
Shreyas Reddy
Shreyas Reddy April 26, 2023
North Korea’s display of new Chinese trucks points to production issues at home
NK PRO

North Korea’s display of new Chinese trucks points to production issues at home

Handover of imported vehicles comes 5 years after mass-production order and hints at strong sanctions-busting networks

North Korea’s display of new Chinese trucks points to production issues at home
Colin Zwirko
Colin Zwirko April 25, 2023
North Korea’s rice imports soar in March to largest monthly total of pandemic
NK PRO

North Korea’s rice imports soar in March to largest monthly total of pandemic

Expert calls grain shipments ‘a big deal’ that could ensure more North Koreans can eat amid concerns about food shortage

North Korea’s rice imports soar in March to largest monthly total of pandemic
Ifang Bremer
Ifang Bremer April 21, 2023
North Korea soliciting Chinese investment for Kaesong Industrial Complex: Seoul

North Korea soliciting Chinese investment for Kaesong Industrial Complex: Seoul

Official says DPRK wants to operate inter-Korean facilities without South Korea, warning this would breach UN sanctions

North Korea soliciting Chinese investment for Kaesong Industrial Complex: Seoul
Jeongmin Kim
Jeongmin Kim April 20, 2023
North Korea’s trade with China more than doubles in March on-year

North Korea’s trade with China more than doubles in March on-year

Expert calls strong month a positive sign for DPRK people amid reported food shortages, as trade nears pre-COVID levels

North Korea’s trade with China more than doubles in March on-year
Ifang Bremer
Ifang Bremer April 19, 2023
How rising North Korea risks drive down South Korean stock prices
NK PRO

How rising North Korea risks drive down South Korean stock prices

A new model for quantifying tensions reveals that not all firms are equally vulnerable when missiles start to fly

How rising North Korea risks drive down South Korean stock prices
Seohyun Lee
Seohyun Lee April 18, 2023
Russia ‘sincerely hopes’ North Korea will ease COVID controls: Senior official

Russia ‘sincerely hopes’ North Korea will ease COVID controls: Senior official

Deputy foreign minister says border restrictions stand in way of improved cooperation, as two sides look to boost trade

Russia ‘sincerely hopes’ North Korea will ease COVID controls: Senior official
Ifang Bremer
Ifang Bremer April 17, 2023
Kim Jong Un opens first stage of 10,000-home construction project in Pyongyang

Kim Jong Un opens first stage of 10,000-home construction project in Pyongyang

Ceremony to mark Kim Il Sung’s birthday comes amid uneven progress on high-profile efforts to improve housing

Kim Jong Un opens first stage of 10,000-home construction project in Pyongyang
Shreyas Reddy
Shreyas Reddy April 17, 2023
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